Facility Fees, etc. (a) The Borrower agrees to pay to the Administrative Agent for the account of each Lender a facility fee for the period from and including the Closing Date until all of the Obligations have been repaid and the Commitments have been terminated, computed at the Facility Fee Rate on the Revolving Percentage of such Lender of the total amount of the Revolving Facility (drawn or undrawn), payable quarterly in arrears on the last day of each March, June, September and December and on the Termination Date, commencing on the first of such dates to occur after the date hereof.
Appears in 4 contracts
Samples: Credit Agreement (Keyspan Corp), Credit Agreement (Keyspan Corp), Credit Agreement (Keyspan Corp)
Facility Fees, etc. (a) The Borrower agrees to pay to the Administrative Agent for the account of each Lender a facility fee for the period from and including the Closing Date until all of the Obligations have been repaid and the Commitments have been terminated, computed at the Facility Fee Rate on the Revolving Percentage of such Lender of the total amount of the Revolving Facility (drawn or undrawn), payable quarterly in arrears on the last day of each March, June, September and December and on the Termination Final Maturity Date, commencing on the first of such dates to occur after the date hereof.
Appears in 1 contract
Samples: Credit Agreement (Keyspan Corp)