Common use of Payment of Activation Fee Clause in Contracts

Payment of Activation Fee. The Borrower shall pay to the Agent such fees as Agent and the Banks may require to increase the aggregate Commitment, which fees shall, when paid, be fully earned and non-refundable under any circumstances. The Agent shall pay to the Banks acquiring the increased Commitment certain fees pursuant to their separate agreement; and

Appears in 2 contracts

Samples: Unsecured Revolving Loan Agreement (Ramco Gershenson Properties Trust), Master Revolving Credit Agreement (Ramco Gershenson Properties Trust)

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Payment of Activation Fee. The Borrower shall pay to the Agent those fees described in and contemplated by the Agreement Regarding Fees referred to in §4.2 with respect to the applicable increase and to the Agent such fees as Agent and the Revolving Credit Banks acquiring such increase may require to increase the aggregate Revolving Credit Commitment, which fees shall, when paid, be fully earned and non-refundable under any circumstances. The Agent shall pay to the Revolving Credit Banks acquiring the increased Revolving Credit Commitment certain fees pursuant to their separate agreement; and

Appears in 2 contracts

Samples: Secured Master Loan Agreement (Ramco Gershenson Properties Trust), Secured Master Loan Agreement (Ramco Gershenson Properties Trust)

Payment of Activation Fee. The Borrower shall pay to the Agent such fees as Agent and the Revolving Credit Banks acquiring such increase may require to increase the aggregate Revolving Credit Commitment, which fees shall, when paid, be fully earned and non-refundable under any circumstances. The Agent shall pay to the Revolving Credit Banks acquiring the increased Revolving Credit Commitment certain fees pursuant to their separate agreement; and

Appears in 1 contract

Samples: Unsecured Master Loan Agreement (Ramco Gershenson Properties Trust)

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Payment of Activation Fee. The Borrower shall pay to the Agent those fees described in and contemplated by the Agreement Regarding Fees referred to in §4.2 with respect to the applicable increase and to the Agent such fees as Agent and the Revolving Credit Banks or Term Loan Banks, as applicable, acquiring such increase may require to increase the aggregate Revolving Credit Commitment or Term Loan Commitment, which fees shall, when paid, be fully earned and non-refundable under any circumstances. The Agent shall pay to the Banks acquiring the increased Revolving Credit Commitment or Term Loan Commitment certain fees pursuant to their separate agreement; and

Appears in 1 contract

Samples: Unsecured Master Loan Agreement (Ramco Gershenson Properties Trust)

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