Common use of Interest and Fees Under Superseded Agreement Clause in Contracts

Interest and Fees Under Superseded Agreement. All interest and fees and expenses, if any, owing or accruing under or in respect of the Existing Credit Agreement through the Effective Date shall be calculated as of the Effective Date (prorated in the case of any fractional periods), and shall be paid as of the Effective Date. Commencing on the Effective Date, the Commitment Fee shall be payable by the Company to the Agent for the account of the Banks in accordance with 2.2.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Hasbro Inc), Credit Agreement (Hasbro Inc), Revolving Credit Agreement (Hasbro Inc)

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Interest and Fees Under Superseded Agreement. All interest and fees and expenses, if any, owing or accruing under or in respect of the Existing Credit Agreement through the Effective Date shall be calculated as of the Effective Date (prorated pro rated in the case of any fractional periods), and shall be paid as of on the Effective Date. Commencing on the Effective Date, the Commitment Fee Fees hereunder shall be payable by the Company Borrowers to the Administrative Agent for the account of the Banks Lenders in accordance with §2.2.

Appears in 1 contract

Samples: Revolving Credit Agreement (Borders Group Inc)

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