Facility and Other Fees. (a) Nordson shall pay to Agent, for the ratable account of the Banks, as a consideration for each Bank’s Revolving Commitment hereunder, a facility fee from the Closing Date to and including the last day of the Commitment Period, payable quarterly, at a rate per annum equal to (i) the Applicable Facility Fee Rate in effect on the date that such facility fee is due, times (ii) the Total Commitment Amount in effect on such day. The facility fee shall be payable quarterly in arrears, on the last day of each September, December, March and June of each year, and on the last day of the Commitment Period.
(b) Nordson shall pay to Agent, for its sole benefit, the fees set forth in the Agent Fee Letter.
Facility and Other Fees. To the extent not otherwise included under Section 2.08(a) and (b), the Borrower agrees to pay to the Administrative Agent the fees required to be paid under the Fee Letters.
Facility and Other Fees. If, for any month during the Term, the average daily unpaid balance of the Revolving Credit Facility Advances and the undrawn amount of any outstanding Letters of Credit for each day of such month does not equal the Revolving Credit Limit, then Borrower shall pay to Agent for the ratable benefit of Lenders a fee at a rate equal to three-eights of one percent (.375%) per annum on the amount by which the Revolving Credit Limit exceeds such average daily unpaid balance. Such fee shall be payable to Agent in arrears on the last day of each quarter and shall be calculated as provided in Section 3.3. In addition, Borrower shall pay the fees set forth in the Fee letter.
(l) A new Section 5.26 is hereby added to the Loan Agreement to provide as follows:
Facility and Other Fees. (a) The Company agrees to pay to the Administrative Agent for the account of each Lender a facility fee (a "Facility Fee") from the Effective Date to, but not including, the Termination Date or such earlier date upon which the Commitments shall terminate or be reduced to zero, computed at a rate per annum equal to the Applicable Facility Fee Percentage from time to time in effect, on the amount of the Commitment of such Lender from time to time in effect, whether used or unused (including the portion of such Commitment represented by such Lender's L/C Participating Interest in outstanding Letters of Credit). Such Facility Fee shall be payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing March 31, 1996 (such fee to be calculated through the last day of such quarter) and on the Termination Date or such earlier date as the Commitments shall terminate or be reduced to zero as provided herein.
(b) The Company agrees to pay to the Administrative Agent for its own account the fees in the amounts and on the dates previously agreed to in writing by the Company and the Administrative Agent. Each Lender acknowledges that the Administrative Agent is being paid certain other fees for its own account in connection with this Agreement in addition to the fees described herein.
Facility and Other Fees. (i) of or less than the Facility Fee which the Borrower would have paid if the new Facility Fee Rate had been in effect as of the date as of which such change becomes retroactively effective, then the Borrower shall promptly pay to Agent for the pro rata account of each Bank, and, if applicable, each Bank shall promptly pay to Agent for the account of the Borrower such amount (or, in the case of a payment to be made by the Banks, each Bank's Pro Rata Share, based on its Commitment, of such amount) as may be necessary to adjust the Facility Fee paid by the Borrower to equal the amount payable at the new Facility Fee Rate for the period for which the Borrower paid a Facility Fee based on the old Facility Fee Rate.
(ii) As additional consideration for the Commitment, the Borrower shall pay to the Agent for the account of each Bank a Utilization Fee calculated in accordance with Exhibit A, computed on a quarterly basis in arrears on the last Business Day of each Reporting Period at a rate per annum equal to the Applicable Utilization Fee Rate then in effect. Such Utilization Fee shall accrue from the Closing Date to the 4-Year Repayment Date and shall be due and payable quarterly, in arrears on the last Business Day of each March, June, September and December commencing December 31, 1999 and continuing through the 4-Year Repayment Date with the final payment to be made on the 4-Year Repayment Date; provided that, in connection with any termination of Commitments under Section 2.09, the accrued Utilization Fee calculated for the period ending on such date shall also be paid on the date of such termination, with the following quarterly payment being calculated on the basis of the period from such termination date to such quarterly payment date. The Utilization Fee provided in this Section shall accrue at all times after the Closing Date, including at any time during which one or more conditions in Article III are not met. Notwithstanding anything to the contrary set forth in this Agreement, in the event that any change in the Utilization Fee Percentage Rate becomes retroactively effective and the Borrower has previously paid any Utilization Fee hereunder which is either in excess of or less than the Utilization Fee which the Borrower would have paid if the new Utilization Fee Percentage Rate had been in effect as of the date as of which such change becomes retroactively effective, then the Borrower shall promptly pay to Agent for the pro rata account of each Ban...
Facility and Other Fees. (a) Borrower shall pay to Agent, for the ratable account of the Banks, as a consideration for the Tranche A Commitment hereunder, a facility fee from the Closing Date to and including the last day of the applicable Commitment Period, payable quarterly, at a rate per annum equal to (i) the Applicable Facility Fee Rate in effect on the date that such facility fee is due, times (ii) the highest Maximum Tranche A Amount during such quarter. The facility fee with respect to the Tranche A Commitment shall be payable in arrears, on June 30, 2001 and on the last day of each succeeding September, December, March and June thereafter, and on the last day of the applicable Commitment Period.
(b) Borrower shall pay to Agent, for the ratable account of the Banks, as a consideration for the Tranche B Commitment hereunder, a facility fee from the Closing Date to and including the last day of the applicable Commitment Period, payable quarterly, at a rate per annum equal to (i) the Applicable Facility Fee Rate in effect on the date that such facility fee is due, times (ii) the highest Maximum Tranche B Amount during such quarter. The facility fee with respect to the Tranche B Commitment shall be payable in arrears, on June 30, 2001 and on the last day of each succeeding September, December, March and June thereafter, and on the last day of the applicable Commitment Period.
(c) Borrower shall pay to Agent, for its sole benefit, the fees set forth in the Agent Fee Letter.
Facility and Other Fees. The Borrower shall pay the Fees described in the Fee Letter in accordance with the terms thereof.
Facility and Other Fees. 30 Section 2.10. Computation of Interest and Fees; Default Rate.......... 31 Section 2.11. Mandatory Payment....................................... 31
Facility and Other Fees. (a) Borrowers shall pay to Agent, for the ratable account of the Banks, as a consideration for the Commitment, a facility fee from the date hereof to and including the last day of the Commitment Period, at a rate per annum equal to (i) the Applicable Facility Fee Rate in effect on the date that such facility fee shall be due, times (ii) the average daily Total Commitment Amount in effect during such quarter. The facility fee shall be payable quarterly in arrears, on March 31, 2006 and on the last day of each succeeding June, September, December and March thereafter, and on the last day of the Commitment Period.
(b) Borrowers shall pay to Agent, for its sole benefit, the fees set forth in the Agent Fee Letter.
Facility and Other Fees. (a) Borrower shall pay to Agent, for the ratable account of the Lenders, as a consideration for the Commitment, a facility fee from the Closing Date to and including the last day of the Commitment Period, payable quarterly at a rate per annum equal to (i) the Applicable Facility Fee Rate then in effect, times (ii) the maximum Total Commitment Amount during such quarter. The facility fee shall be payable in arrears, on June 30, 2002 and on the last day of each succeeding September, December, March and June thereafter and on the last day of the Commitment Period.
(b) Borrower shall pay to Agent, for its sole benefit, the fees set forth in the Agent Fee Letter.
