Common use of Facility Agent Clause in Contracts

Facility Agent. s management time Any amount payable to the Facility Agent under Clauses 26 (Indemnities) and 19.11 (Indemnities to Agents) shall include the cost of utilising the Facility Agent’s reasonable management time or other resources incurred in connection with a Default and which will be calculated on the basis of such reasonable daily or hourly rate as the Facility Agent may notify to the Parent and the Lenders, and is in addition to any fee paid or payable to the Facility Agent under any Fees Letter.

Appears in 1 contract

Samples: Senior Credit Agreement (Shurgard Storage Centers Inc)

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Facility Agent. s management time Any amount payable to the Facility Agent under Clauses 26 Clause 16.3 (IndemnitiesIndemnity to the Facility Agent), Clause 18 (Costs And Expenses) and 19.11 Clause 31.11 (Indemnities Lenders' indemnity to Agentsthe Facility Agent and the Security Agent) shall include the cost of utilising the Facility Agent’s reasonable 's management time or other resources incurred in connection with a Default and which will be calculated on the basis of such reasonable daily or hourly rate rates as the Facility Agent may notify to the Parent and the Lenders, and is in addition to any fee paid or payable to the Facility Agent under any Fees Letter.Clause 13 (Fees). 107

Appears in 1 contract

Samples: Royal Invest International Corp.

Facility Agent. s management time Any amount payable to the Facility Agent under Clauses 26 Clause 14.4 (IndemnitiesIndemnity to the Facility Agent), Clause 16 (Costs and Expenses) and 19.11 Clause 30.11 (Indemnities Lenders’ indemnity to Agentsthe Facility Agent) shall include the cost of utilising the Facility Agent’s reasonable management time or other resources incurred in connection with a Default and which will be calculated on the basis of such reasonable daily or hourly rate rates as the Facility Agent may notify to the Parent Borrower and the Lendersother Finance Parties, and is in addition to any fee paid or payable to the Facility Agent under any Fees LetterClause 11 (Fees).

Appears in 1 contract

Samples: Facility Agreement (Grindrod Shipping Holdings Pte. Ltd.)

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Facility Agent. s management time Any amount payable to the Facility Agent under Clauses 26 Clause 14.3 (IndemnitiesIndemnity to the Servicing Parties), Clause 16 (Costs and Expenses) and 19.11 Clause 30.11 (Indemnities Lenders' indemnity to Agentsthe Facility Agent) shall include the cost of utilising the Facility Agent’s reasonable 's management time or other resources incurred in connection with a Default and which will be calculated on the basis of such reasonable daily or hourly rate rates as the Facility Agent may notify to the Parent Borrowers and the Lenders, and is in addition to any fee paid or payable to the Facility Agent under any Fees LetterClause 11 (Fees).

Appears in 1 contract

Samples: Assignment Agreement (Star Bulk Carriers Corp.)

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