Common use of Facility and Agent Fees Clause in Contracts

Facility and Agent Fees. (a) Each Borrower agrees to pay to the Agent for the account of each Lender a facility fee at the rate per annum set forth in the Pricing Schedule on Exhibit A attached hereto, on the average daily amount of each Revolving Credit Commitment of such Lender to such Borrower, whether used or unused, from and including the Effective Date to but excluding the Facility Termination Date, payable on each Payment Date hereafter and on the Facility Termination Date. The facility fee payable in respect to each Revolving Credit Commitment shall be payable in the currency in which such Revolving Credit Commitment is denominated.

Appears in 3 contracts

Samples: Loan Agreement (Diebold Inc), Assignment Agreement (Diebold Inc), Assignment Agreement (Diebold Inc)

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Facility and Agent Fees. (a) Each Borrower agrees to pay to the Agent for the account of each Lender a facility fee at the rate per annum set forth in the Pricing Schedule on Exhibit A attached hereto, on the average daily amount of each Revolving Credit Commitment of such Lender to such Borrower, whether used or unused, from and including the Effective Date to but excluding the Facility Termination DateDate in the case of the Revolving Credit Commitments, payable on each Payment Date hereafter and on the Facility Termination Date. The facility fee payable in respect to each Revolving Credit Commitment shall be payable in the currency in which such Revolving Credit Commitment is denominated.

Appears in 2 contracts

Samples: Loan Agreement (Myers Industries Inc), Loan Agreement (Myers Industries Inc)

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