Common use of Facility Fee; Reductions in Aggregate Commitment Clause in Contracts

Facility Fee; Reductions in Aggregate Commitment. The Borrower agrees to pay to each Lender directly a facility fee (the “Facility Fee”) at a per annum rate equal to the Applicable Facility Fee Rate on such Lender’s Commitment (whether used or unused) from the Effective Date to and including the Facility Termination Date, payable on each Payment Date hereafter and on the Facility Termination Date and, if the proviso at the end of this sentence applies, on the date on which the Aggregate Outstanding Credit Exposure is reduced to zero; provided, that if any Lender continues to have Outstanding Credit Exposure hereunder after the termination of its Commitment, then such Facility Fee shall continue to accrue on the Aggregate Outstanding Credit Exposure until the Aggregate Outstanding Credit Exposure is reduced to zero. The Borrower may permanently reduce the Aggregate Commitment in whole, or in part ratably among the Lenders, in the amount of $25,000,000 or a multiple of $5,000,000 in excess thereof, upon at least three Business Days’ written notice to the Agent, which notice shall specify the amount of any such reduction; provided, however, that the amount of the Aggregate Commitment may not be reduced below the Dollar Amount of the Aggregate Outstanding Credit Exposure.

Facility Fee; Reductions in Aggregate Commitment. (a) The Borrower ------------------------------------------------ agrees to pay to the Agent for the account of each Lender directly a facility fee (the “"Facility Fee”") at a per annum rate in an amount equal to the Applicable Facility Fee Rate on Margin per annum times the daily average Commitment of such Lender’s Commitment (whether used or unused) Lender from the Effective Date date hereof to and including the Facility Termination Date, payable on each Payment Date hereafter and on the Facility Termination Date and, if the proviso at the end of this sentence applies, Date. All accrued Facility Fees shall be payable on the effective date on which the Aggregate Outstanding Credit Exposure is reduced to zero; provided, that if of any Lender continues to have Outstanding Credit Exposure hereunder after the termination of its Commitment, then such Facility Fee shall continue the obligations of the Lenders to accrue on the Aggregate Outstanding Credit Exposure until the Aggregate Outstanding Credit Exposure is reduced to zero. make Loans hereunder. (b) The Borrower may permanently reduce the Aggregate Commitment in whole, or in part ratably among the Lenders, Lenders in the a minimum aggregate amount of $25,000,000 or a multiple of $5,000,000 in excess thereof, 1,000,000 upon at least three (3) Business Days’ ' written notice to the Agent, which notice shall specify the amount of any such reduction; provided, however, that the amount of the Aggregate Commitment may not be -------- ------- reduced below the Dollar Amount aggregate principal amount of the Aggregate Outstanding Credit Exposure.outstanding Advances. Such reductions shall be in addition to reductions occurring pursuant to Section ------- 2.7(b). Voluntary commitment reductions pursuant to this Section 2.4(b) shall be ------ -------------- applied to the mandatory commitment reductions required to be made pursuant to Section 2.7(a) in direct order of maturity. --------------

Facility Fee; Reductions in Aggregate Commitment. The Borrower agrees to pay to the Agent for the account of each Lender directly a facility fee (the “Facility Fee”) ), which shall accrue at a per annum rate equal to the Applicable Facility Fee Rate Margin on the daily amount of the Commitment of such Lender’s Commitment Lender (whether used or unused) during the period from and including the Effective Date to and including the Facility Termination Date, payable on each Payment Date hereafter and on the Facility Termination Date and, if the proviso at the end of this sentence applies, on but excluding the date on which the Aggregate Outstanding Credit Exposure is reduced to zerosuch Commitment terminates; providedprovided that, that if any such Lender continues to have any Outstanding Credit Exposure hereunder after the termination of its CommitmentCommitment terminates, then such Facility Fee shall continue to accrue on the Aggregate daily amount of such Lender’s Outstanding Credit Exposure until to but excluding the date on which such Lender ceases to have any Outstanding Credit Exposure. Accrued Facility Fees shall be payable in arrears on the third Business Day following the last day of March, June, September and December of each year and on the date on which the Aggregate Outstanding Credit Exposure is reduced Commitments terminate, commencing on the first such date to zerooccur after the Effective Date; provided that any Facility Fees accruing after the date on which the Aggregate Commitments terminate shall be payable on demand. The Borrower may permanently reduce the Aggregate Commitment in whole, or in part ratably among the Lenders, in the amount of $25,000,000 or a multiple of $5,000,000 in excess thereof, upon at least three Business Days’ written notice to the Agent, which notice shall specify the amount of any such reduction; provided, however, that the amount of the Aggregate Commitment may not be reduced below the Dollar Amount of the Aggregate Outstanding Credit Exposure.

Facility Fee; Reductions in Aggregate Commitment. The Borrower agrees to pay to each Lender directly a facility fee (the “Facility Fee”) at a per annum rate equal to the Applicable Facility Fee Rate on such Lender’s Commitment (whether used or unused) from the Effective Date to and including the Facility Termination Date, payable on each Payment Date hereafter and on the Facility Termination Date and, if the proviso at the end of this sentence applies, on the date on which the Aggregate Outstanding Credit Exposure is reduced to zero; provided, that if any Lender continues to have Outstanding Credit Exposure hereunder after the termination of its Commitment, then such Facility Fee shall continue to accrue on the Aggregate Outstanding Credit Exposure until the Aggregate such Outstanding Credit Exposure is reduced to zero. The Borrower may permanently reduce the Aggregate Commitment in whole, or in part ratably among the Lenders, in the amount of $25,000,000 or a multiple of $5,000,000 in excess thereof, upon at least three Business Days’ written notice to the Agent, which notice shall specify the amount of any such reduction; provided, however, that the amount of the Aggregate Commitment may not be reduced below the aggregate principal Dollar Amount of the Aggregate Outstanding Credit Exposure.

Facility Fee; Reductions in Aggregate Commitment. The Borrower agrees to pay to the Agent for the account of each Lender directly a facility fee (the “Facility Fee”) at a per annum rate equal to the Applicable Facility Fee Rate 0.15% on such Lender’s 's Commitment (whether used or unused) from the Effective Date date hereof to and including the Facility Termination Date, payable on each Payment Date hereafter and on the Facility Termination Date andDate, if the proviso at the end of this sentence appliesprovided that, on the date on which the Aggregate Outstanding Credit Exposure is reduced to zero; provided, that if any Lender continues to have Outstanding Credit Exposure Loans outstanding hereunder after the termination of its CommitmentCommitment (including, without limitation, during any period when Loans may be outstanding but new Loans may not be borrowed hereunder), then such Facility Fee facility fee shall continue to accrue on the Aggregate Outstanding Credit Exposure aggregate principal amount of the Loans owed to such Lender until the Aggregate Outstanding Credit Exposure is reduced to zerosuch Loans are repaid in full. The Borrower may permanently reduce the Aggregate Commitment in whole, or in part ratably among the Lenders, Lenders in the amount integral multiples of $25,000,000 or a multiple of $5,000,000 in excess thereof10,000,000, upon at least three five Business Days’ ' written notice to the Agent, which notice shall specify the amount of any such reduction; , provided, however, that the amount of the Aggregate Commitment may not be reduced below the Dollar Amount aggregate principal amount of the Aggregate Outstanding Credit Exposureoutstanding Advances. All accrued facility fees shall be payable on the effective date of any termination of the obligations of the Lenders to make Loans hereunder and on the final date upon which all Loans are repaid hereunder.

Facility Fee; Reductions in Aggregate Commitment. The Borrower Company agrees to pay to the Agent for the account of each Lender directly a facility fee (the “Facility Fee”) ), which shall accrue at a per annum rate equal the Applicable Margin with respect to the Applicable Facility Fee Rate on the daily amount of the Commitment of such Lender’s Commitment Lender (whether used or unused) during the period from and including the Effective Date to and including the Facility Termination Date, payable on each Payment Date hereafter and on the Facility Termination Date and, if the proviso at the end of this sentence applies, on but excluding the date on which the Aggregate Outstanding Credit Exposure is reduced to zerosuch Commitment terminates; providedprovided that, that if any such Lender continues to have any Outstanding Credit Exposure hereunder after the termination of its CommitmentCommitment terminates, then such Facility Fee shall continue to accrue on the Aggregate daily amount of such Lender’s Outstanding Credit Exposure until to but excluding the date on which such Lender ceases to have any Outstanding Credit Exposure. Accrued Facility Fees shall be payable in arrears on the third Business Day following the last day of March, June, September and December of each year and on the date on which the Aggregate Outstanding Credit Exposure is reduced Commitments terminate, commencing on the first such date to zerooccur after the Effective Date; provided that any Facility Fees accruing after the date on which the Aggregate Commitments terminate shall be payable on demand. The Borrower Company may permanently reduce the Aggregate Commitment in whole, or in part ratably among the Lenders, in the amount of $25,000,000 or a multiple of $5,000,000 in excess thereof, upon at least three Business Days’ written notice to the Agent, which notice shall specify the amount of any such reduction; provided, however, that the amount of the Aggregate Commitment may not be reduced below the Dollar Amount of the Aggregate Outstanding Credit Exposure. Unless previously terminated, the Commitments shall terminate on the Facility Termination Date (subject to Section 2.25).