Facility Fees, etc. (a) The Company agrees to pay to the Administrative Agent for the account of each Lender under any Facility a facility fee for the period from and including the Effective Date (or such later date as such Lender shall become a Lender hereunder) to the day on which all Extensions of Credit under such Facility of such Lender have been paid in full and the Commitments under such Facility of such Lender have been terminated, computed at the Facility Fee Rate for such Facility on the average daily amount of the Commitments under such Facility of such Lender (whether used or unused) or, if such Commitments under such Facility have been terminated, on the daily average Extensions of Credit under such Facility of such Lender during the related Fee Payment Period for which payment is made, payable in arrears on each Fee Payment Date, commencing on the first such date to occur after the Effective Date.
Appears in 4 contracts
Samples: Revolving Credit Agreement (Ford Motor Co), Revolving Credit Agreement (Ford Motor Co), Revolving Credit Agreement (Ford Motor Co)
Facility Fees, etc. (a) The Company agrees to pay to the Administrative Agent a facility fee (the “Facility Fee”) for the account of each Lender under any Facility a facility fee for the period from and including the Effective Closing Date (or such later date as of which such Lender shall become a Lender hereunderLender) to the day date on which all Extensions of Credit under such Facility of such Lender under the Facility have been paid in full and the Commitments under such Facility of such Lender under the Facility have been terminated, computed at the Facility Fee Rate for such Facility on the average daily amount of the Commitments under such Facility of such Lender (whether used or unused) under the Facility, or, if such Commitments under such Facility have been terminated, on the daily average Extensions of Credit under such Facility of such Lender under the Facility during the related Fee Payment Period for which payment is made, payable in arrears on each Fee Payment Date, commencing on the first such date to occur after the Effective Closing Date.
Appears in 3 contracts
Samples: Guarantee Agreement (General Motors Financial Company, Inc.), Day Revolving Credit Agreement (General Motors Co), Credit Agreement (General Motors Financial Company, Inc.)
Facility Fees, etc. (a) The Company agrees to pay to the Administrative Agent a facility fee (the “Facility Fee”) for the account of each Lender under any Facility a facility fee for the period from and including the Effective Closing Date (or such later date as of which such Lender shall become a Lender hereunderLender) to the day date on which all Extensions of Credit under such Facility of such Lender under the Facility have been paid in full and the Commitments under such Facility of such Lender under the Facility have been terminated, computed at the Facility Fee Rate for such Facility on the average daily amount of the Commitments under such Facility of such Lender (whether used or unused) under the Facility, or, if such Commitments under such Facility have been terminated, on the daily average Extensions of Credit under such Facility and Competitive Loans of such Lender under the Facility during the related Fee Payment Period for which payment is made, payable in arrears on each Fee Payment Date, commencing on the first such date to occur after the Effective Closing Date.
Appears in 2 contracts
Samples: Guarantee Agreement (General Motors Financial Company, Inc.), Joinder Agreement (General Motors Co)
Facility Fees, etc. (a. iv) The Company agrees to pay to the Administrative Agent a facility fee (the “Facility Fee”) for the account of each Lender under any Facility a facility fee for the period from and including the Effective Closing Date (or such later date as of which such Lender shall become a Lender hereunderLender) to the day date on which all Extensions of Credit under such Facility of such Lender under the Facility have been paid in full and the Commitments under such Facility of such Lender under the Facility have been terminated, computed at the Facility Fee Rate for such Facility on the average daily amount of the Commitments under such Facility of such Lender (whether used or unused) under the Facility, or, if such Commitments under such Facility have been terminated, on the daily average Extensions of Credit under such Facility and Competitive Loans of such Lender under the Facility during the related Fee Payment Period for which payment is made, payable in arrears on each Fee Payment Date, commencing on the first such date to occur after the Effective Closing Date.
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