Extension Fees. The Borrower shall pay to the Administrative Agent (i) on the First Extension Date, for the account of each Lender, a Facility extension fee, in an amount equal to 0.25% of each Lender’s Revolving Credit Commitment then outstanding and (ii) on the Second Extension Date, for the account of each Lender, a Facility extension fee, in an amount equal to 0.25% of each Lender’s Revolving Credit Commitment then outstanding.
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Samples: Revolving Credit Agreement (Digital Realty Trust, L.P.), Revolving Credit Agreement (Digital Realty Trust, L.P.), Revolving Credit Agreement (Digital Realty Trust, Inc.)
Extension Fees. The Borrower shall pay to the Administrative Agent Agent, in connection with the extension of the Revolving Credit Facility, a Facility extension fee (ian “Extension Fee”) on the First Facility Extension Date, for the account of each Revolving Credit Lender, a Facility extension fee, in an amount equal to 0.250.15% of each such Revolving Credit Lender’s Revolving Credit Commitment then outstanding and (ii) on the Second Extension Date, for the account of each Lender, a Facility extension fee, in an amount equal to 0.25% of each Lender’s Revolving Credit Commitment then outstandingwhether funded or unfunded).
Appears in 3 contracts
Samples: Credit Agreement (Hersha Hospitality Trust), Credit Agreement (Hersha Hospitality Trust), Credit Agreement (Hersha Hospitality Trust)
Extension Fees. The Borrower If the term of the Loan is extended pursuant to Section 2.16, the Borrowers shall pay to the Administrative Agent (i) on the First Extension Date, for the account of each Lender, a Facility an extension feefee (an “Extension Fee”), in an amount equal to (i) 0.20% of each Lender’s Commitment then outstanding in respect of the first extension, and (ii) 0.25% of each Lender’s Revolving Credit Commitment then outstanding and (ii) on in respect of the Second Extension Date, for the account of each Lender, a Facility extension fee, in an amount equal to 0.25% of each Lender’s Revolving Credit Commitment then outstandingsecond extension.
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Samples: Term Loan Agreement (American Realty Capital Hospitality Trust, Inc.)
Extension Fees. The Borrower shall pay to the Administrative Agent Agent, in connection with the extension of either or both of the Revolving Credit Facility and the Term Loan Facility, a Facility extension fee (ian “Extension Fee”) on the First relevant Facility Extension Date, for the account of each Lender, a Extending Lender in respect of any Facility extension feethat is the subject of such extension, in an amount equal to 0.250.15% of each such Extending Lender’s Revolving Credit Commitment then outstanding and (iiwhether funded or unfunded) on the Second Extension Date, for the account of each Lender, a Facility extension fee, in an amount equal to 0.25% of each Lender’s Revolving Credit Commitment then outstandingsuch Facility.
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Extension Fees. The Borrower shall pay to the Administrative Agent (i) on the First Extension Date, for the account of each Lender, a Facility extension fee, in an amount equal to 0.25% of each Lender’s Revolving Credit Commitment then outstanding Date and (ii) on the Second Extension Date, for the account of each Lender, a Facility extension fee, in an amount equal to 0.250.20% of each Lender’s Revolving Credit Commitment then outstandingoutstanding (each, an “Extension Fee”).
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Extension Fees. The Borrower shall pay to the Administrative Agent Agent, in connection with the extension of the Revolving Credit Facility, a Facility extension fee (ian “Extension Fee”) on each of the First Facility Extension Date and the Second Facility Extension Date, for the account of each Revolving Credit Lender, a Facility extension fee, in an amount equal to 0.250.075% of each such Revolving Credit Lender’s Revolving Credit Commitment then outstanding and (ii) on the Second Extension Date, for the account of each Lender, a Facility extension fee, in an amount equal to 0.25% of each Lender’s Revolving Credit Commitment then outstandingwhether funded or unfunded).
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