Common use of Facility Fees Clause in Contracts

Facility Fees. The Co-Borrowers shall jointly and severally pay to the Administrative Agent for the account of each Bank a facility fee which shall accrue at the Applicable Rate on the daily aggregate amount of the Revolving Commitment of such Bank (whether used or unused) during the period from and including the Effective Date to but excluding the date of termination of the Revolving Commitments in their entirety; provided that, if such Bank continues to have any Revolving Credit Exposure after its Revolving Commitment terminates, then such facility fee shall continue to accrue on the daily amount of such Bank’s Revolving Credit Exposure from and including the date on which its Revolving Commitment terminates to but excluding the date on which such Bank ceases to have any Revolving Credit Exposure. Accrued fees under this subsection shall be payable quarterly in arrears on each Quarterly Payment Date and on the date of termination of the Revolving Commitments in their entirety (and, if later, the date the Revolving Credit Exposure shall be repaid or no longer outstanding); provided that any facility fees accruing after the date on which the Revolving Commitments terminate shall be payable on demand. All facility fees shall be computed on the basis of a year of 360 days and shall be payable for the actual number of days elapsed (including the first day but excluding the last day).

Facility Fees. The Co-Borrowers shall jointly and severally Borrower agrees to pay to the Administrative Agent for the account of each Bank Lender a facility fee fee, which shall accrue at the Applicable Rate on the daily aggregate amount of the Revolving Commitment of such Bank Lender (whether used or unused) during the period from and including the Effective Date date hereof to but excluding the date of termination of the Revolving Commitments in their entiretysuch Commitment terminates; provided that, that if such Bank Lender continues to have any Revolving Credit Exposure after its Revolving Commitment terminates, then such facility fee shall continue to accrue on the daily amount of such BankLender’s Revolving Credit Exposure from and including the date on which its Revolving Commitment terminates to but excluding the date on which such Bank Lender ceases to have any Revolving Credit Exposure. Accrued facility fees under this subsection shall be payable quarterly in arrears on each Quarterly Payment Date and on the date of termination of the Revolving Commitments in their entirety (andterminate, if later, commencing on the first such date to occur after the date the Revolving Credit Exposure shall be repaid or no longer outstanding)hereof; provided that any facility fees accruing after the date on which the Revolving Commitments terminate shall be payable on demand. All facility fees shall be computed on the basis of a year of 360 days and shall be payable for the actual number of days elapsed (including the first day but excluding the last day).

Facility Fees. The Co-Borrowers shall jointly and severally Borrower agrees to pay to the Administrative Agent for the account of each Bank Lender a facility fee fee, which shall accrue at the Applicable Rate on the average daily aggregate amount of the Revolving Commitment of such Bank (whether used or unused) Lender during the period from and including the Effective Date to but excluding the date of termination of the Revolving Commitments in their entiretyon which such Commitment terminates; provided that, if such Bank Lender continues to have hold any Revolving Outstanding Credit Exposure after its Revolving Commitment terminates, then such facility fee shall continue to accrue on the daily amount of such BankLender’s Revolving Outstanding Credit Exposure from and including the date on which its Revolving Commitment Commitments terminates to but excluding the date on which such Bank Lender ceases to have hold any Revolving Credit ExposureOutstanding Credit. Accrued facility fees under this subsection shall be payable quarterly in arrears on the date which is thirty days following the last day of each Quarterly Payment Date March, June, September and December of each year and on the date of termination of on which the Revolving Commitments in their entirety (andterminate, if later, commencing on the first such date to occur after the date the Revolving Credit Exposure shall be repaid or no longer outstanding)hereof; provided that any facility fees accruing after the date on which the Revolving Commitments terminate shall be payable on demand. All facility fees shall be computed on the basis of a year of 360 days and shall be payable for the actual number of days elapsed (including the first day but excluding the last day).

Facility Fees. The Co-Borrowers shall jointly and severally Borrower agrees to pay to the Administrative Agent for the account of each Bank Lender a facility fee fee, which shall accrue at the Applicable Rate on the daily aggregate amount of the Revolving Commitment of such Bank Lender (whether used or unused) during the period from and including the Effective Date date hereof to but excluding the date of termination of the Revolving Commitments in their entiretysuch Commitment terminates; provided that, if such Bank Lender continues to have any Revolving Credit Exposure after its Revolving Commitment terminates, then such facility fee shall continue to accrue on the daily amount of such BankLender’s Revolving Credit Exposure from and including the date on which its Revolving Commitment terminates to but excluding the date on which such Bank Lender ceases to have any Revolving Credit Exposure. Accrued facility fees under this subsection shall be payable quarterly in arrears on each Quarterly Payment Date and on the date of termination of the Revolving Commitments in their entirety (andterminate, if later, commencing on the first such date to occur after the date the Revolving Credit Exposure shall be repaid or no longer outstanding)hereof; provided that any facility fees accruing after the date on which the Revolving Commitments terminate shall be payable on demand. All facility fees shall be computed on the basis of a year of 360 days and shall be payable for the actual number of days elapsed (including the first day but excluding the last day).

Facility Fees. The Co-Borrowers shall jointly and severally Borrower agrees to pay to the Administrative Agent for the account of each Bank Lender a facility fee fee, which shall accrue at the Applicable Rate on the daily aggregate amount of the Revolving Commitment of such Bank Lender (whether used or unused) during the period from and including the Effective Date date hereof to but excluding the date of termination of the Revolving Commitments in their entiretysuch Commitment terminates; provided that, if such Bank Lender continues to have any Revolving Credit Exposure after its Revolving Commitment terminatesterminates (including as a result of the exercise of the Term-Out Option), then such facility fee shall continue to accrue on the daily amount of such Bank’s Lender's Revolving Credit Exposure from and including the date on which its Revolving Commitment terminates to but excluding the date on which such Bank Lender ceases to have any Revolving Credit Exposure. Accrued facility fees under this subsection shall be payable quarterly in arrears on each Quarterly Payment Date and Date, on the date of termination of the Revolving Commitments in their entirety (terminate and, if laterthe Term-Out Option has been exercised, on each date following the date the Revolving Credit Exposure shall be repaid Commitments terminate on which any Syndicated Loans are prepaid or no longer outstanding)repaid, commencing on the first such date to occur after the date hereof; provided that any facility fees accruing after the date on which the Revolving Commitments terminate shall (unless the Term-Out Option has been exercised) be payable on demand. All facility fees shall be computed on the basis of a year of 360 days and shall be payable for the actual number of days elapsed (including the first day but excluding the last day).

Facility Fees. The Co-Borrowers shall jointly and severally Borrower agrees to pay to the Administrative Agent for the account of each Bank Lender a facility fee fee, which shall accrue at the Applicable Facility Fee Rate on the daily aggregate amount of the Revolving Commitment of such Bank Lender (whether used or unused) during the period from and including the Effective Date to but excluding the date of termination of the Revolving Commitments in their entiretyon which such Commitment terminates; provided that, if such Bank Lender continues to have any Revolving Credit Exposure after its Revolving Commitment terminates, then such facility fee shall continue to accrue on the daily amount of such BankLender’s Revolving Credit Exposure from and including the date on which its Revolving Commitment terminates to but excluding the date on which such Bank Lender ceases to have any Revolving Credit Exposure. Accrued facility fees under this subsection shall be payable quarterly in arrears on the last Business Day of March, June, September and December of each Quarterly Payment Date year, commencing on December 31, 2007, on the date(s) on which the Commitments shall have terminated and the Lenders shall have no further Revolving Credit Exposures, and on the date of termination of the Revolving Commitments in their entirety (and, if later, the date the Revolving Credit Exposure shall be repaid or no longer outstanding); provided that any facility fees accruing after the date on which the Revolving Commitments terminate shall be payable on demandMaturity Date. All facility fees shall be computed on the basis of a year of 360 days and shall be payable for the actual number of days elapsed (including the first day but excluding the last day).

Facility Fees. The Co-Borrowers shall jointly and severally Borrower agrees to pay to the Administrative Agent ------------- for the account of each Bank Lender a facility fee fee, which shall accrue at the Applicable Facility Fee Rate on the daily aggregate amount of the Revolving Commitment of such Bank Lender (whether used or unused) during the period from and including the Effective Initial Availability Date to but excluding the date of termination of the Revolving Commitments in their entiretyon which such Commitment terminates; provided that, if such Bank Lender continues to have any Revolving Credit Exposure after its Revolving Commitment terminates, then such facility fee shall continue to accrue on the daily amount of such Bank’s Lender's Revolving Credit Exposure from and including the date on which its Revolving Commitment terminates to but excluding the date on which such Bank Lender ceases to have any Revolving Credit Exposure. Accrued facility fees under this subsection shall be payable quarterly in arrears on the last Business Day of March, June, September and December of each Quarterly Payment Date year, commencing on March 30, 2001, and on the date of termination of the Revolving Commitments in their entirety (and, if later, the date the Revolving Credit Exposure shall be repaid or no longer outstanding); provided that any facility fees accruing after the date date(s) on which the Commitments shall have terminated and the Lenders shall have no further Revolving Commitments terminate shall be payable on demandCredit Exposures. All facility fees shall be computed on the basis of a year of 360 days and shall be payable for the actual number of days elapsed (including the first day but excluding the last day).

Facility Fees. The Co-Borrowers shall jointly and severally Borrower agrees to pay to the Administrative Agent for the account of each Bank Lender a facility fee fee, which shall accrue at the Applicable Rate on the average daily aggregate amount of the Revolving Commitment of such Bank (whether used or unused) Lender during the period from and including the Effective Date August 19, 2011 to but excluding the date of termination of the Revolving Commitments in their entiretyon which such Commitment terminates; provided that, if such Bank Lender continues to have hold any Revolving Outstanding Credit Exposure after its Revolving Commitment terminates, then such facility fee shall continue to accrue on the daily amount of such BankLender’s Revolving Outstanding Credit Exposure from and including the date on which its Revolving Commitment Commitments terminates to but excluding the date on which such Bank Lender ceases to have hold any Revolving Credit ExposureOutstanding Credit. Accrued facility fees under this subsection shall be payable quarterly in arrears on the date which is thirty days following the last day of each Quarterly Payment Date March, June, September and December of each year and on the date of termination of on which the Revolving Commitments in their entirety (andterminate, if later, commencing on the first such date to occur after the date the Revolving Credit Exposure shall be repaid or no longer outstanding)hereof; provided that any facility fees accruing after the date on which the Revolving Commitments terminate shall be payable on demand. All facility fees shall be computed on the basis of a year of 360 days and shall be payable for the actual number of days elapsed (including the first day but excluding the last day).

Facility Fees. The Co-Borrowers shall jointly and severally Borrower agrees to pay to the Administrative -------------- Agent for the account of each Bank Lender a facility fee fee, which shall accrue at the Applicable Facility Fee Rate (i) on the daily aggregate amount of the Revolving Commitment of such Bank Lender (whether used or unused) during the period from and including the Effective Initial Availability Date to but excluding the date of termination of the Revolving Commitments in their entiretyon which such Commitment terminates; provided that, if such Bank Lender continues to have any Revolving Credit Exposure after its Revolving Commitment terminates, then such facility fee shall continue to accrue on the daily amount of such Bank’s Lender's Revolving Credit Exposure from and including the date on which its Revolving Commitment terminates to but excluding the date on which such Bank Lender ceases to have any Revolving Credit Exposure. Accrued fees under this subsection shall be payable quarterly in arrears on each Quarterly Payment Date , and (ii) if the Borrower has exercised the Term Loan Option, on the date of termination daily principal amount of the Revolving Commitments in their entirety (andTerm Loans of such Lender during the period from and including December 26, if later, the date the Revolving Credit Exposure shall be repaid or no longer outstanding); provided that any facility fees accruing after 2002 to but excluding the date on which the Revolving Commitments terminate all outstanding Term Loans are paid in full. Accrued facility fees shall be payable in arrears on demandthe last Business Day of March, June, September and December of each year, commencing on December 31, 2001, on the date(s) on which the Commitments shall have terminated and the Lenders shall have no further Revolving Credit Exposures, and on the Maturity Date. All facility fees shall be computed on the basis of a year of 360 days and shall be payable for the actual number of days elapsed (including the first day but excluding the last day).

Facility Fees. The Co-Borrowers shall jointly and severally Borrower agrees to pay to the Administrative Agent for the account of each Bank Lender a facility fee fee, which shall accrue at the Applicable Facility Fee Rate on the daily aggregate amount of the Revolving Commitment of such Bank Lender (whether used or unused) during the period from and including the Effective Initial Availability Date to but excluding the date of termination of the Revolving Commitments in their entiretyon which such Commitment terminates; provided that, if such Bank Lender continues to have any Revolving Credit Exposure after its Revolving Commitment terminates, then such facility fee shall continue to accrue on the daily amount of such BankLender’s Revolving Credit Exposure from and including the date on which its Revolving Commitment terminates to but excluding the date on which such Bank Lender ceases to have any Revolving Credit Exposure. Accrued facility fees under this subsection shall be payable quarterly in arrears on the last Business Day of March, June, September and December of each Quarterly Payment Date year, commencing on September 30, 2005, on the date(s) on which the Commitments shall have terminated and the Lenders shall have no further Revolving Credit Exposures, and on the date of termination of the Revolving Commitments in their entirety (and, if later, the date the Revolving Credit Exposure shall be repaid or no longer outstanding); provided that any facility fees accruing after the date on which the Revolving Commitments terminate shall be payable on demandMaturity Date. All facility fees shall be computed on the basis of a year of 360 days and shall be payable for the actual number of days elapsed (including the first day but excluding the last day).

Facility Fees. The Co-Borrowers shall jointly and severally Company agrees to pay to the Administrative Agent for the account of each Bank Lender a facility fee fee, which shall accrue at the Applicable Facility Fee Rate on the daily aggregate amount of the Revolving Commitment of such Bank Lender (whether used or unused) during the period from and including the Effective Date to but excluding the date of termination of the Revolving Commitments in their entiretyon which such Commitment terminates; provided that, if such Bank Lender continues to have any Revolving Credit Exposure after its Revolving Commitment terminates, then such facility fee shall continue to accrue on the daily amount of such BankLender’s Revolving Credit Exposure from and including the date on which its Revolving Commitment terminates to but excluding the date on which such Bank Lender ceases to have any Revolving Credit Exposure. Accrued facility fees under this subsection shall be payable quarterly in arrears on the last day of March, June, September and December of each Quarterly Payment Date year, commencing on March 31, 2015, on the date(s) on which the Commitments shall have terminated and the Lenders shall have no further Revolving Credit Exposures, and on the date of termination of the Revolving Commitments in their entirety (and, if later, the date the Revolving Credit Exposure shall be repaid or no longer outstanding); provided that any facility fees accruing after the date on which the Revolving Commitments terminate shall be payable on demandCommitment Termination Date. All facility fees shall be computed on the basis of a year of 360 days and shall be payable for the actual number of days elapsed (including the first day but excluding the last day).

Facility Fees. The Co-Borrowers shall jointly and severally Borrower agrees to pay to the -------------- Administrative Agent for the account of each Bank Lender a facility fee fee, which shall accrue at the Applicable Facility Fee Rate on the daily aggregate amount of the Revolving Commitment of such Bank Lender (whether used or unused) during the period from and including the Effective Initial Availability Date to but excluding the date of termination of the Revolving Commitments in their entiretyon which such Commitment terminates; provided that, if such Bank Lender continues to have any Revolving Credit Exposure after its Revolving Commitment terminates, then such facility fee shall continue to accrue on the daily amount of such Bank’s Lender's Revolving Credit Exposure from and including the date on which its Revolving Commitment terminates to but excluding the date on which such Bank Lender ceases to have any Revolving Credit Exposure. Accrued facility fees under this subsection shall be payable quarterly in arrears on the last Business Day of March, June, September and December of each Quarterly Payment Date year, commencing on December 31, 2003, on the date(s) on which the Commitments shall have terminated and the Lenders shall have no further Revolving Credit Exposures, and on the date of termination of the Revolving Commitments in their entirety (and, if later, the date the Revolving Credit Exposure shall be repaid or no longer outstanding); provided that any facility fees accruing after the date on which the Revolving Commitments terminate shall be payable on demandMaturity Date. All facility fees shall be computed on the basis of a year of 360 days and shall be payable for the actual number of days elapsed (including the first day but excluding the last day).

Facility Fees. The Co-Borrowers shall jointly and severally Borrower agrees to pay to the Administrative Agent for the account of each Bank Lender a facility fee fee, which shall accrue at the Applicable Rate on the average daily aggregate amount of the Revolving Commitment of such Bank (whether used or unused) Lender during the period from and including the Effective Date to but excluding the date of termination of the Revolving Commitments in their entiretyon which such Commitment terminates; provided that, if such Bank Lender continues to have hold any Revolving Outstanding Credit Exposure after its Revolving Commitment terminates, then such facility fee shall continue to accrue on the daily amount of such BankLender’s Revolving Outstanding Credit Exposure from and including the date on which its Revolving Commitment Commitments terminates to but excluding the date on which such Bank Lender ceases to have hold any Revolving Credit ExposureOutstanding Credit. Accrued facility fees under this subsection shall be payable quarterly in arrears on the date which is thirty days following the last day of each Quarterly Payment Date March, June, September and December of each year and on the date of termination of on which the Revolving Commitments in their entirety (andterminate, if later, commencing on the first such date to occur after the date the Revolving Credit Exposure shall be repaid or no longer outstanding)hereof; provided that any facility fees accruing after the date on which the Revolving Commitments terminate shall be payable on demand. All facility fees shall be computed on the basis of a year of 360 days and shall be payable for the actual number of days elapsed (including the first day but excluding the last day).

Facility Fees. (a) The Co-Borrowers shall jointly and severally Borrower agrees to pay to the Administrative Agent for the account of each Bank Revolving Lender a facility fee fee, which shall accrue at the Revolving Loan Applicable Rate Margin on the daily aggregate amount of the Revolving Commitment of such Bank Revolving Lender (whether used or unused) during the period from and including the Effective Second Amendment and Restatement Effectiveness Date to but excluding the date of termination of the on which such Revolving Commitments in their entiretyCommitment terminates; provided that, if such Bank Revolving Lender continues to have any Revolving Credit Exposure Loans after its Revolving Commitment terminates, then such facility fee shall continue to accrue on the daily amount of such BankRevolving Lender’s Revolving Credit Exposure Loans from and including the date on which its Revolving Commitment terminates to but excluding the date on which such Bank Revolving Lender ceases to have any Revolving Credit ExposureLoans. Accrued Facility fees under this subsection accrued through and including the last day of March, June, September and December of each year shall be payable quarterly in arrears on each Quarterly Payment Date the third Business Day following such last day, commencing on the first such date to occur after the Second Amendment and Restatement Effectiveness Date; provided that all such fees shall be payable on the date of termination of on which the Revolving Commitments in their entirety (and, if later, the date the Revolving Credit Exposure shall be repaid or no longer outstanding); provided that terminate and any facility such fees accruing after the date on which the Revolving Commitments terminate shall be payable on demand. All facility fees shall be computed on the basis of a year of 360 days and shall be payable for the actual number of days elapsed (including the first day but excluding the last day).

Facility Fees. The Co-Borrowers shall jointly and severally Borrower agrees to pay to the Administrative Syndication Agent ------------- for the account of each Bank Lender a facility fee fee, which shall accrue at the Applicable Facility Fee Rate on the daily aggregate amount of the Revolving Commitment of such Bank Lender (whether used or unused) during the period from and including the Effective Date to but excluding the date of termination of the Revolving Commitments in their entiretyon which such Commitment terminates; provided that, if such Bank Lender continues to have any Revolving Credit Exposure Obligations after its Revolving Commitment terminates, then such facility fee shall continue to accrue on the daily amount of such Bank’s Lender's Revolving Credit Exposure Obligations from and including the date on which its Revolving Commitment terminates to but excluding the date on which such Bank Lender ceases to have any Revolving Credit ExposureObligations. Accrued facility fees under this subsection shall be payable quarterly in arrears on the last Business Day of March, June, September and December of each Quarterly Payment Date year, commencing on March 30, 2001, and on the date of termination of the Revolving Commitments in their entirety (and, if later, the date the Revolving Credit Exposure shall be repaid or no longer outstanding); provided that any facility fees accruing after the date date(s) on which the Commitments shall have terminated and the Lenders shall have no further Revolving Commitments terminate shall be payable on demandCredit Obligations. All facility fees shall be computed on the basis of a year of 360 days and shall be payable for the actual number of days elapsed (including the first day but excluding the last day).

Facility Fees. (a) The Co-Borrowers shall jointly and severally Borrower agrees to pay to the Administrative Agent for the account of each Bank Revolving Lender a facility fee fee, which shall accrue at the Revolving Loan Applicable Rate Margin on the daily aggregate amount of the Revolving Commitment of such Bank Revolving Lender (whether used or unused) during the period from and including the Effective Third Amendment and Restatement Effectiveness Date to but excluding the date of termination of the on which such Revolving Commitments in their entiretyCommitment terminates; provided that, if such Bank Revolving Lender continues to have any Revolving Credit Exposure Loans after its Revolving Commitment terminates, then such facility fee shall continue to accrue on the daily amount of such BankRevolving Lender’s Revolving Credit Exposure Loans from and including the date on which its Revolving Commitment terminates to but excluding the date on which such Bank Revolving Lender ceases to have any Revolving Credit ExposureLoans. Accrued Facility fees under this subsection accrued through and including the last day of March, June, September and December of each year shall be payable quarterly in arrears on each Quarterly Payment Date the third Business Day following such last day, commencing on the first such date to occur after the Third Amendment and Restatement Effectiveness Date; provided that all such fees shall be payable on the date of termination of on which the Revolving Commitments in their entirety (and, if later, the date the Revolving Credit Exposure shall be repaid or no longer outstanding); provided that terminate and any facility such fees accruing after the date on which the Revolving Commitments terminate shall be payable on demand. All facility fees shall be computed on the basis of a year of 360 days and shall be payable for the actual number of days elapsed (including the first day but excluding the last day).

Facility Fees. The Co-Borrowers shall jointly and severally Company agrees to pay to the Administrative Agent for the account of each Bank Lender a facility fee fee, which shall accrue at the Applicable Facility Fee Rate on the daily aggregate amount of the Revolving Commitment of such Bank Lender (whether used or unused) during the period from and including the Effective Date to but excluding the date of termination of the Revolving Commitments in their entiretyon which such Commitment terminates; provided that, if such Bank Lender continues to have any Revolving Credit Exposure after its Revolving Commitment terminates, then such facility fee shall continue to accrue on the daily amount of such BankLender’s Revolving Credit Exposure from and including the date on which its Revolving Commitment terminates to but excluding the date on which such Bank Lender ceases to have any Revolving Credit Exposure; provided further, if the Revolving Loans have been converted to Term Loans pursuant to Section 2.1(b), from and after the effective date of such conversion, such facility fee shall accrue on the daily outstanding principal amount of such Lender’s Term Loan from and including the date on which such conversion occurs to but excluding the date on which such Term Loan is paid in full. Accrued facility fees under this subsection shall be payable quarterly in arrears on the last day of March, June, September and December of each Quarterly Payment year, commencing on March 31, 2015, on the date(s) on which the Commitments shall have terminated and the Lenders shall have no further Revolving Credit Exposures and on the Commitment Termination Date and on the date of termination of the Revolving Commitments in their entirety Term Loan Maturity Date (and, if later, the date the Revolving Credit Exposure shall be repaid or no longer outstandingapplicable); provided that any facility fees accruing after the date on which the Revolving Commitments terminate shall be payable on demand. All facility fees shall be computed on the basis of a year of 360 days and shall be payable for the actual number of days elapsed (including the first day but excluding the last day).

Facility Fees. The Co-Borrowers shall jointly and severally Borrower agrees to pay to the Administrative Agent for the account of each Bank Lender a facility fee fee, which shall accrue at the Applicable Rate on the daily aggregate amount of the Revolving Commitment of such Bank Lender (whether used or unused) during the period from and including the Effective Date date hereof to but excluding the date of termination of the Revolving Commitments in their entiretysuch Commitment terminates; provided that, if such Bank Lender continues to have any Revolving Credit Exposure after its Revolving Commitment terminatesterminates (including as a result of the exercise of the Term-Out Option), then such facility fee shall continue to accrue on the daily amount of such BankLender’s Revolving Credit Exposure from and including the date on which its Revolving Commitment terminates to but excluding the date on which such Bank Lender ceases to have any Revolving Credit Exposure. Accrued facility fees under this subsection shall be payable quarterly in arrears on each Quarterly Payment Date and Date, on the date of termination of the Revolving Commitments in their entirety (terminate and, if laterthe Term-Out Option has been exercised, on each date following the date the Revolving Credit Exposure shall be repaid Commitments terminate on which any Syndicated Loans are prepaid or no longer outstanding)repaid, commencing on the first such date to occur after the date hereof; provided that any facility fees accruing after the date on which the Revolving Commitments terminate shall (unless the Term-Out Option has been exercised) be payable on demand. All facility fees shall be computed on the basis of a year of 360 days and shall be payable for the actual number of days elapsed (including the first day but excluding the last day).

Facility Fees. The Co-Borrowers shall jointly and severally Borrower agrees to pay to the Administrative Agent for the account of each Bank Lender a facility fee fee, which shall accrue at the Applicable Facility Fee Rate on the daily aggregate amount of the Revolving Commitment of such Bank Lender (whether used or unused) during the period from and including the Effective Date to but excluding the date of termination of the Revolving Commitments in their entiretyon which such Commitment terminates; provided that, if such Bank Lender continues to have any Revolving Credit Exposure after its Revolving Commitment terminates, then such facility fee shall continue to accrue on the daily amount of such BankLender’s Revolving Credit Exposure from and including the date on which its Revolving Commitment terminates to but excluding the date on which such Bank Lender ceases to have any Revolving Credit Exposure. Accrued facility fees under this subsection shall be payable quarterly in arrears on the last Business Day of March, June, September and December of each Quarterly Payment Date year, commencing on December 31, 2007, on the date(s) on which the Commitments shall have terminated and the Lenders shall have no further Revolving Credit Exposures, and on the date of termination of the Revolving Commitments in their entirety (and, if later, the date the Revolving Credit Exposure shall be repaid or no longer outstanding); provided that any facility fees accruing after the date on which the Revolving Commitments terminate shall be payable on demandFinal Maturity Date. All facility fees shall be computed on the basis of a year of 360 days and shall be payable for the actual number of days elapsed (including the first day but excluding the last day).