Payment of Activation Fee. The Borrower shall pay (A) to the Agent those fees described in and contemplated by the Agreement Regarding Fees with respect to the applicable Commitment Increase, and (B) to the Arranger such facility fees as the Lenders who are providing an additional Revolving Credit Commitment or additional Term Commitment, as applicable, may require to increase the Total Revolving Commitment or Total Term Commitment, which fees shall, when paid, be fully earned and non-refundable under any circumstances. The Arranger shall pay to the Lenders acquiring the increased Revolving Credit Commitment or Term Commitment certain fees pursuant to their separate agreement; and
Appears in 3 contracts
Samples: Credit Agreement (Plymouth Industrial REIT, Inc.), Credit Agreement (Plymouth Industrial REIT, Inc.), Credit Agreement (Plymouth Industrial REIT Inc.)
Payment of Activation Fee. The Borrower shall pay (A) to the Agent those fees described in and contemplated by the Agreement Regarding Fees with respect to the applicable Commitment Increase, and (B) to the Arranger such facility fees as the Revolving Credit Lenders or Term Loan Lenders, as applicable, who are providing an additional Revolving Credit Commitment or additional Term Commitment, as applicable, may require to increase the Total aggregate Revolving Credit Commitment or Total Term Loan Commitment, which fees shall, when paid, be fully earned and non-refundable under any circumstances. The Arranger shall pay to the Lenders acquiring the increased Revolving Credit applicable Commitment or Term Commitment Increase certain fees pursuant to their separate agreement; and
Appears in 2 contracts
Samples: Credit Agreement (QTS Realty Trust, Inc.), Credit Agreement (QTS Realty Trust, Inc.)
Payment of Activation Fee. The Borrower Borrowers shall pay (A) to the Agent those fees described in and contemplated by the Agreement Regarding Fees with respect to the applicable Commitment Increase, and (B) to the Arranger Regions Capital Markets, in its capacity as an Arranger, such facility fees as the Revolving Credit Lenders who are providing an additional Revolving Credit Commitment or additional Term Commitment, as applicable, may require to increase the Total aggregate Revolving Credit Commitment or Total Term Commitment, which fees shall, when paid, be fully earned and non-refundable under any circumstances. The Arranger Regions Capital Markets, in its capacity as an Arranger, shall pay to the Lenders acquiring the increased Revolving Credit applicable Commitment or Term Commitment Increase certain fees pursuant to their separate agreement; and
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