Common use of Loan Administration Fee Clause in Contracts

Loan Administration Fee. On each Interest Reconciliation Date, each Lender will pay Agent a fee in consideration for Agent's performance of the administrative functions more particularly described herein (the "Administration Fee"). With respect to each Lender, such fee will be in an amount equal to one tenth of one percent (0.1%) per annum on such Lender's Ratable Share of the Balance Due for the month immediately preceding such Interest Reconciliation Date. Each Lender agrees to pay Agent the Administration Fee, on each Interest Reconciliation Date, by allowing Agent to net the Administration Fee out of the Interest Due Lenders.

Loan Administration Fee. On each Interest Payment Reconciliation Date, each Lender will pay the Agent a fee in consideration for the Agent's performance of the administrative functions more particularly described herein (the "Administration Fee"). With respect to each Lender, such fee will be in an amount equal to one tenth of one percent (0.1%) per annum on the outstanding aggregate principal balance of all Advances(made by such Lender's Ratable Share of the Balance Due ) for the month immediately preceding such Interest Payment Reconciliation Date. Each Lender agrees to pay the Agent the Administration Fee, on each Interest Payment Reconciliation Date, by allowing the Agent to net the Administration Fee out of the Interest Payment Due Lenders.

Loan Administration Fee. On each Interest Reconciliation Date, each Lender will pay the Agent a fee in consideration for the Agent's performance of the administrative functions more particularly described herein (the "Administration Fee"). With respect to each Lender, such fee will be in an amount equal to one tenth of one percent (0.1%) per annum on the outstanding aggregate principal balance of all Advances(made by such Lender's Ratable Share of the Balance Due ) for the month immediately preceding such Interest Reconciliation Date. Each Lender agrees to pay the Agent the Administration Fee, on each Interest Reconciliation Date, by allowing the Agent to net the Administration Fee out of the Interest Due Lenders.