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Common use of Extension Fees Clause in Contracts

Extension Fees. Upon the extension of the Maturity Date, as provided in Section 3.21, Borrowers agree to pay Administrative Agent, on or before the original Maturity Date, for the ratable account of Consenting Lenders (as defined in Section 3.21), an extension fee equal to one-quarter of one percent (.25%) of the Total Commitment.

Appears in 1 contract

Samples: Credit Agreement (Innkeepers Usa Trust/Fl)

Extension Fees. Upon the extension of the Maturity Date, as provided in Section 3.21, Borrowers agree to pay Administrative Agent, on or before the original Maturity Date, for the ratable account of Consenting Lenders (as defined in Section 3.21), an extension fee equal to one-quarter of one percent fifteen basis points (.250.15%) of the Total CommitmentCommitment of each Consenting Lender.

Appears in 1 contract

Samples: Credit Agreement (Innkeepers Usa Trust/Fl)

Extension Fees. Upon the extension of the Maturity Date, as provided in Section 3.21, Borrowers agree to pay Administrative Agent, on or before the original Maturity Date, for the ratable account of Consenting Lenders (as defined in Section 3.21), an extension fee equal to one-quarter fifth of one percent (.25.20%) of the Total Commitment.

Appears in 1 contract

Samples: Credit Agreement (Innkeepers Usa Trust/Fl)

Extension Fees. Upon the extension of the Maturity Date, as provided in Section SECTION 3.21, Borrowers agree to pay Administrative Agent, on or before the original Maturity Date, for the ratable account of Consenting Lenders (as defined in Section 3.21)Lenders, an extension fee equal to one-quarter of one percent (.25%) of the Total Commitment.

Appears in 1 contract

Samples: Credit Agreement (Innkeepers Usa Trust/Fl)