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

Facility Fee; Reductions in Aggregate Commitment. (a) The Borrower agrees to pay to the Administrative Agent for the account of each Revolving Credit Lender a facility fee (“Facility Fee”) at a per annum rate equal to the Applicable Fee Rate on such Revolving Credit Lender’s Revolving Credit Commitment (whether used or unused) from the date hereof to and including the Revolving Credit Facility Termination Date, payable in arrears on the first day of each calendar quarter hereafter and on the Revolving Credit Facility Termination Date (or such earlier date as the Revolving Credit Obligations may be accelerated or become due). (b) The Borrower may permanently reduce the Aggregate Revolving Credit Commitment in whole, or in part ratably among the Revolving Credit Lenders (in their respective Revolving Credit Ratable Shares) in integral multiples of $10,000,000, upon at least five Business Days’ written notice to the Administrative Agent, which notice shall specify the amount of any such reduction, provided, however, that (i) the amount of the Aggregate Revolving Credit Commitment may not be reduced below the sum of (A) aggregate principal amount of the outstanding Revolving Credit Advances and (B) the Facility Letter of Credit Obligations, (ii) the Aggregate Revolving Credit Commitment may not be reduced if the effect thereof would be to reduce the L/C Sublimit below the amount of the Facility Letter of Credit Obligations and (iii) the amount of the Aggregate Revolving Credit Commitment may not be reduced to an amount that is less than twice the outstanding amount of all outstanding Competitive Bid Advances. (c) All accrued Facility Fees shall be payable on the effective date of any termination of the obligations of the Revolving Credit Lenders to make Revolving Credit Loans hereunder.

Facility Fee; Reductions in Aggregate Commitment. Syndication Fee. ----------------------------------------------------------------- (a) The Borrower agrees to pay to the Administrative Agent for the account of each Revolving Credit Lender a facility fee (“Facility Fee”) at a per annum rate in an amount equal to the Applicable Facility Fee Rate on Percentage of such Revolving Credit Lender’s Revolving Credit Commitment ('s Commitment, whether used or unused) , from the date hereof to and including the Revolving Credit Facility Termination Date, payable in arrears on the first day of each calendar quarter Quarterly Payment Date hereafter and on the Revolving Credit Facility Termination Date (or such earlier date as the Revolving Credit Obligations may be accelerated or become due)Date. (b) The Borrower may permanently reduce the Aggregate Revolving Credit Commitment (but not the Aggregate Facility B Commitment) in whole, or in part ratably among the Revolving Credit Lenders (in their respective Revolving Credit Ratable Shares) in integral multiples of $10,000,00025,000,000, upon at least five Business Days’ ' written notice to the Administrative Agent, which notice shall specify the amount of any such reduction, ; provided, however, that (i) the amount of the -------- ------- Aggregate Revolving Credit Commitment may not be reduced below the sum of (A) aggregate principal amount of the outstanding Revolving Credit Advances Advances; and (B) the Facility Letter provided, further, that if, as a -------- ------- result of Credit Obligations, (ii) a reduction in the Aggregate Revolving Credit Commitment, the Aggregate Facility B Commitment may not would exceed the Aggregate Commitment, then the Aggregate Facility B Commitment shall, without further action, be reduced if the effect thereof would be to reduce the L/C Sublimit below by the amount of the Facility Letter of Credit Obligations and (iii) the amount of the Aggregate Revolving Credit Commitment may not be reduced to an amount that is less than twice the outstanding amount of all outstanding Competitive Bid Advances. (c) such excess. All accrued Facility Fees facility fees shall be payable on the effective date of any termination of the obligations of the Revolving Credit Lenders to make Revolving Credit Loans hereunder. The Aggregate Facility B Commitment shall not be reduced except as set forth in this Section 2.5(b). -------------- (c) On or before the date hereof, the Borrower shall pay to the Agent for the account of each Lender a syndication fee in an amount equal to the amount set forth opposite the name of such Lender on Schedule 3 ---------- hereto.

Facility Fee; Reductions in Aggregate Commitment. (ai) The Borrower agrees to pay to the Administrative Agent for the account of each Revolving Credit Lender according to its Pro Rata Share a facility fee (“Facility Fee”) at a per annum rate equal to the Applicable Fee Rate on the average daily amount of such Revolving Credit Lender’s Revolving Credit Commitment ('s Commitment, whether used or unused) , from the date hereof to and including the Revolving Credit Facility Termination Date and, after the Revolving Credit Termination Date, payable in arrears on the first day average daily principal amount of such Lender's Outstanding Credit Exposure, payable on each calendar quarter Payment Date hereafter and on the Revolving Credit Facility Termination Date (or such earlier date as the Revolving Credit Obligations may be accelerated or become due)Date. (bii) The Borrower may permanently reduce the Aggregate Revolving Credit Commitment in whole, or in part ratably among the Revolving Credit Lenders (in their respective Revolving Credit Ratable Shares) in integral multiples of $10,000,000, upon at least five Business Days’ ' written notice to the Administrative Agent, which notice shall specify the amount of any such reduction, provided, however, that that (ia) the amount of the Aggregate Revolving Credit Commitment may not be reduced below the sum of (A) aggregate principal amount of the outstanding Revolving Aggregate Outstanding Credit Advances Exposure and (Bb) simultaneously with any such reduction, the Facility Letter of Credit Obligations, (ii) Borrower shall reduce the Aggregate Revolving Commitments (as defined in the Five-Year Credit Commitment may not be reduced if Agreement) under the effect thereof would be to reduce the L/C Sublimit below the amount of the Facility Letter of Five-Year Credit Obligations and (iii) the amount of the Aggregate Revolving Credit Commitment may not be reduced to an amount that is less than twice the outstanding amount of all outstanding Competitive Bid Advances. (c) Agreement on a pro rata basis. All accrued Facility Fees facility fees shall be payable on the effective date of any termination of the obligations of the Revolving Credit Lenders to make Revolving Credit Loans Advances hereunder.

Facility Fee; Reductions in Aggregate Commitment. (a) The Borrower agrees to pay to the Administrative Agent for the account of each Revolving Credit Lender a facility fee (“Facility Fee”) at a rate per annum rate equal to the Applicable Facility Fee Rate in effect from time to time on such Revolving Credit Lender’s Revolving Credit 's Commitment (whether used determined without giving effect to any Bid Rate Reduction or unusedany other usage of the Commitments) from the date hereof to and including but excluding the Revolving Credit earliest of the Facility Termination Date, the date of the reduction to zero of the Aggregate Commitment pursuant to SECTION 2.11 and the date of the termination of the Aggregate Commitment pursuant to Section 8.1. Such facility fees shall be payable in arrears on the first day last Business Day of each calendar quarter hereafter March, June, September and December, and on the Revolving Credit earliest of the Facility Termination Date (or such earlier Date, the date as of the Revolving Credit Obligations may reduction to zero of the Aggregate Commitment pursuant to SECTION 2.11 and the date of the termination of the Aggregate Commitment pursuant to Section 8.1. Facility fees shall be accelerated or become due)calculated for actual days elapsed on the basis of a 360-day year. (b) The Borrower may permanently reduce the Aggregate Revolving Credit Commitment in whole, whole or in part ratably among the Revolving Credit Lenders (in their respective Revolving Credit Ratable Shares) in integral multiples of $10,000,00015,000,000, upon at least five two Business Days’ ' written notice to the Administrative Agent, which notice shall specify the amount of any such reduction, ; provided, however, that (i) the amount of the Aggregate Revolving Credit Commitment may not be reduced below the sum of (A) aggregate principal amount of the outstanding Revolving Credit Advances and (B) the Facility Letter of Credit Obligations, (ii) the Aggregate Revolving Credit Commitment may not be reduced if the effect thereof would be to reduce the L/C Sublimit below the amount of the Facility Letter of Credit Obligations and (iii) the amount of the Aggregate Revolving Credit Commitment may not be reduced to an amount that is less than twice the outstanding amount of all outstanding Competitive Bid Advances. (c) All accrued Facility Fees shall be payable on the effective date of any termination of the obligations of the Revolving Credit Lenders to make Revolving Credit Loans hereunder.reduced

Facility Fee; Reductions in Aggregate Commitment. (a) The Borrower agrees to pay to the Administrative Agent for the account of each Revolving Credit Lender a facility fee (“"Facility Fee”") at a per annum rate equal to the Applicable Fee Rate on such Revolving Credit Lender’s Revolving Credit 's Commitment (whether used or unused) from the date hereof to and including the Revolving Credit Facility Termination Date, payable in arrears advance on the first day of Closing Date and on each calendar quarter Quarterly Payment Date hereafter and on the Revolving Credit Facility Termination Date (or such earlier date as the Revolving Credit Obligations may be accelerated or become due). (b) . The Borrower may permanently reduce the Aggregate Revolving Credit Commitment in whole, or in part ratably among the Revolving Credit Lenders (in their respective Revolving Credit Ratable Shares) in integral multiples of $10,000,000, upon at least five Business Days’ ' written notice to the Administrative Agent, which notice shall specify the amount of any such reduction, provided, however, that (ia) the amount of the Aggregate Revolving Credit Commitment may not be reduced below the sum of (Ai) aggregate principal amount of the outstanding Revolving Credit Advances and (Bii) the Facility Letter of Credit Obligations, (ii) the Aggregate Revolving Credit Commitment may not be reduced if the effect thereof would be to reduce the L/C Sublimit below the amount of the Facility Letter of Credit Obligations and (iiib) the amount of the Aggregate Revolving Credit Commitment may not be reduced to an amount that is less than twice the outstanding amount of all outstanding Competitive Bid Advances. Advances and (c) the amount of the Aggregate Commitment may not be reduced to an amount that is less than twice the outstanding amount of all outstanding Facility Letter of Credit Obligations. All accrued Facility Fees shall be payable on the effective date of any termination of the obligations of the Revolving Credit Lenders to make Revolving Credit Loans hereunder.