Common use of Extension Fees Clause in Contracts

Extension Fees. If the Maturity Date is being extended in accordance with Section 2.18, the Borrower shall pay to the Administrative Agent for the account of each Revolving Lender a fee equal to (i) 0.0625% of the amount of such Lender’s Commitment (whether or not utilized) in effect on the effective date of the first such extension and (ii) 0.075% of the amount of such Lender’s Commitment (whether or not utilized) in effect on the effective date of the second such extension. Such fees shall be due and payable in full on and as a condition to the effective date of the applicable extension.

Extension Fees. If the Maturity Date is being extended in accordance with Section 2.18, the Borrower shall pay to the Administrative Agent for the account of each Revolving Lender a fee equal to (i) 0.0625% of the amount of such Lender’s Commitment (whether or not utilized) in effect on the effective date of the first such extension and (ii) 0.075% of the amount of such Lender’s Commitment (whether or not utilized) in effect on the effective date of the second such extension. Such fees shall be due and payable in full on and as a condition to the effective date of the applicable extension.

Extension Fees. If the Maturity Date is being extended in accordance with Section 2.18, the Borrower shall pay to the Administrative Agent for the account of each Revolving Lender a fee equal to (i) 0.06250.15% of the amount of such Lender’s Commitment (whether or not utilized) Term Loan Exposure in effect on the effective date of the first such extension and (ii) 0.0750.20% of the amount of such Lender’s Commitment (whether or not utilized) Term Loan Exposure in effect on the effective date of the second such extension. Such fees shall be due and payable in full on and as a condition to the effective date of the applicable extension.