Common use of FEES PAYABLE BY ASSIGNEE Clause in Contracts

FEES PAYABLE BY ASSIGNEE. On each day on which the Assignee receives a payment of interest or fees under the Credit Agreement (other than a payment of interest or fees which the Assignee is obligated to deliver to the Assignor pursuant to Section 4 hereof, which shall be excluded in determining fees payable to the Assignor pursuant to this Section), the Assignee shall pay to the Assignor a fee. The amount of such fee shall be the difference between (i) the amount of such interest or fee, as applicable, received by the Assignee and (ii) the amount of the interest or fee, as applicable, which would have been received by the Assignee if each interest rate was ___ of 1% less than the interest rate paid by the Company or if the facility fee was ___ of 1% less than the facility fee paid by the Company pursuant to Section 2.4, as applicable. In addition, the Assignee agrees to pay __% of the fee required to be paid to the Administrative Agent pursuant to Section 12.3.2 of the Credit Agreement. ***[This Section subject to modification by the Assignor and the Assignee]***

Appears in 2 contracts

Samples: Assignment Agreement (Servicemaster Co), Assignment Agreement (Servicemaster Co)

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FEES PAYABLE BY ASSIGNEE. On each day on which the Assignee receives a payment of interest or fees under the Credit Agreement (other than a payment of interest or fees which the Assignee is obligated to deliver to the Assignor pursuant to Section 4 hereof, which shall be excluded in determining fees payable to the Assignor pursuant to this Section), the Assignee shall pay to the Assignor a fee. The amount of such fee shall be the difference between (i) the amount of such interest or fee, as applicable, received by the Assignee and (ii) the amount of the interest or fee, as applicable, which would have been received by the Assignee if each interest rate was ___ of 1% less than the interest rate paid by the Company or if the facility fee was ___ of 1% less than the facility fee paid by the Company pursuant to Section 2.42.04, as applicable. In addition, the Assignee agrees to pay __% of the fee required to be paid to the Administrative Agent pursuant to Section 12.3.2 12.03(b) of the Credit Agreement. ***[This Section subject to modification by the Assignor and the Assignee]***

Appears in 2 contracts

Samples: Credit Agreement (Servicemaster Co), Assignment Agreement (Servicemaster Co)

FEES PAYABLE BY ASSIGNEE. On each day on which the Assignee receives a payment of interest or commitment fees under the Credit Agreement (other than a payment of interest or commitment fees which the Assignee is obligated to deliver to the Assignor pursuant to Section 4 hereof, which shall be excluded in determining fees payable to the Assignor pursuant to this Section), the Assignee shall pay to the Assignor a fee. The amount of such fee shall be the difference between (i) the amount of such interest or fee, as applicable, received by the Assignee and (ii) the amount of the interest or fee, as applicable, which would have been received by the Assignee if each interest rate was ___ of 1% less than the interest rate paid by the Company or if the facility commitment fee was ___ of 1% less than the facility commitment fee paid by the Company pursuant to Section 2.4Company, as applicable. In addition, the Assignee agrees to pay __% of the fee required to be paid to the Administrative Agent pursuant to Section 12.3.2 13.3 of the Credit Agreement. ***[This Section subject to modification by the Assignor and the Assignee]***6.

Appears in 1 contract

Samples: Assignment Agreement (Nike Inc)

FEES PAYABLE BY ASSIGNEE. On each day on which the Assignee receives a payment of interest or commitment fees under the Second Amended and Restated Credit Agreement (other than a payment of interest or commitment fees which the Assignee is obligated to deliver to the Assignor pursuant to this Section 4 hereof, which shall be excluded in determining fees payable to the Assignor pursuant to this Section), the Assignee shall pay to the Assignor a fee. The amount of such fee shall be the difference between (i) the amount of such interest or fee, as applicable, received by the Assignee and (ii) the amount of the interest or fee, as applicable, which would have been received by the Assignee if each interest rate was ____ of 1% less than the interest rate paid by the Company Borrower or if the facility commitment fee was ___ of 1% less than the facility commitment fee paid by the Company pursuant to Section 2.4Borrower, as applicable. In addition, the Assignee agrees to pay ___% of the fee required to be paid to the Administrative Agent pursuant to Section 12.3.2 ____ of the Second Amended and Restated Credit Agreement. ***[This Section subject to modification by the Assignor and the Assignee]***.

Appears in 1 contract

Samples: Credit Agreement (Aar Corp)

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FEES PAYABLE BY ASSIGNEE. On each day on which the Assignee receives a payment of interest or fees under the Credit Agreement (other than a payment of interest or fees which the Assignee is obligated to deliver to the Assignor pursuant to Section 4 hereof, which shall be excluded in determining fees payable to the Assignor pursuant to this Section), the Assignee shall pay to the Assignor a fee. The amount of such fee shall be the difference between (i) the amount of such interest or fee, as applicable, received by the Assignee and (ii) the amount of the interest or fee, as applicable, which would have been received by the Assignee if each interest rate was ___ of 1% less than the interest rate paid by the Company Borrower or if the facility fee was ___ of 1% less than the facility fee paid by the Company Borrower pursuant to Section 2.42.4.2, as applicable. In addition, the Assignee agrees to pay ___% of the fee required to be paid to the Administrative Agent pursuant to Section 12.3.2 of the Credit Agreement. ***[This Section subject to modification by the Assignor and the Assignee]***

Appears in 1 contract

Samples: Assignment Agreement (Brown Group Inc)

FEES PAYABLE BY ASSIGNEE. On each day on which the Assignee receives a payment of interest or commitment fees under the Amended and Restated Credit Agreement (other than a payment of interest or commitment fees which the Assignee is obligated to deliver to the Assignor pursuant to Section 4 hereof, which shall be excluded in determining fees payable to the Assignor pursuant to this Section), the Assignee shall pay to the Assignor a fee. The amount of such fee shall be the difference between (i) the amount of such interest or fee, as applicable, received by the Assignee and (ii) the amount of the interest or fee, as applicable, which would have been received by the Assignee if each interest rate was ___ of 1% less than the interest rate paid by the Company Borrower or if the facility commitment fee was ___ of 1% less than the facility commitment fee paid by the Company pursuant to Section 2.4Borrower, as applicable. In addition, the Assignee agrees to pay ___% of the fee required to be paid to the Administrative Agent pursuant to Section 12.3.2 ___________ of the Amended and Restated Credit Agreement. ***[This Section subject to modification by the Assignor and the Assignee]***.

Appears in 1 contract

Samples: Credit Agreement (Aar Corp)

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