Common use of Payment of Extension Fee Clause in Contracts

Payment of Extension Fee. Borrower shall have paid to Administrative Agent for the benefit of the Lenders on a pro rata basis in accordance with their respective Commitments an extension fee equal to .50% of the Aggregate Commitments, which extension fee shall be deemed earned in full upon receipt and non-refundable under any circumstance, including any prepayment of the Loan in full at any time after the effective date of this Amendment.

Appears in 2 contracts

Samples: Credit Agreement (Five Point Holdings, LLC), Credit Agreement (Five Point Holdings, LLC)

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Payment of Extension Fee. The Borrower shall have paid pay to the Administrative Agent Agent, at the time of the Extension Request, for the benefit of the Lenders on a pro rata basis in accordance with their respective holding Line Commitments an extension fee equal to .50% fifteen one-hundredths of one percent (0.15%) of the then-current Aggregate Commitments, which extension fee shall be deemed earned in full upon Line Commitment. Following its receipt and non-refundable under any circumstance, including any prepayment of the Loan in full at any time after the effective date Extension Fee, Administrative Agent shall promptly pay to each Lender its pro rata share of this Amendmentsuch Extension Fee.

Appears in 2 contracts

Samples: Unsecured Credit Agreement (BioMed Realty L P), Unsecured Credit Agreement (BioMed Realty Trust Inc)

Payment of Extension Fee. The Borrower shall have paid pay to the Administrative Agent Agent, at the time of the Extension Request, for the benefit of the Lenders on a pro rata basis in accordance with their respective Commitments Lenders, an extension fee equal to .50% one-quarter of one percent (0.25%) of the then-current Aggregate Commitments, which extension fee shall be deemed earned in full upon Commitment. Following its receipt and non-refundable under any circumstance, including any prepayment of the Loan in full at any time after the effective date Extension Fee, Administrative Agent shall promptly pay to each Lender its pro rata share of this Amendmentsuch Extension Fee.

Appears in 1 contract

Samples: Unsecured Credit Agreement (BioMed Realty L P)

Payment of Extension Fee. The Borrower shall have paid pay to the Administrative Agent Agent, at the time of the Extension Request, for the benefit of the Lenders on a pro rata basis in accordance with their respective Commitments Lenders, an extension fee equal to .50% one-tenth of one percent (0.10%) of the then-current Aggregate Commitments, which extension fee shall be deemed earned in full upon Commitment. Following its receipt and non-refundable under any circumstance, including any prepayment of the Loan in full at any time after the effective date Extension Fee, Administrative Agent shall promptly pay to each Lender its pro rata share of this Amendmentsuch Extension Fee.

Appears in 1 contract

Samples: Unsecured Credit Agreement (BioMed Realty L P)

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Payment of Extension Fee. The Borrower shall have paid pay to the Administrative Agent Agent, at the time of the Extension Request, for the benefit of the Lenders on a pro rata basis in accordance with their respective Commitments Banks an extension fee equal to .50% fifteen one-hundredths of one percent (0.15%) of the then-current Aggregate Commitments, which extension fee shall be deemed earned in full upon receipt and non-refundable under any circumstance, including any prepayment of the Loan in full at any time after the effective date of this AmendmentCommitment.

Appears in 1 contract

Samples: Unsecured Credit Agreement (BioMed Realty Trust Inc)

Payment of Extension Fee. The Borrower shall have paid pay to the Administrative Agent Agent, at the time of the Extension Request, for the benefit of the Lenders on a pro rata basis in accordance with their respective Commitments Banks an extension fee equal to .50% one fifth of one percent (0.20%) of the Aggregate Commitmentsthen-current Line Commitment, which extension fee shall be deemed earned in full upon receipt if the Line Facility is extended, and nonone-refundable under any circumstance, including any prepayment fifth of one percent (0.20%) of the then-current Outstanding Term Amount, if the Term Loan in full at any time after the effective date of this Amendmentis extended.

Appears in 1 contract

Samples: Unsecured Credit Agreement (BioMed Realty Trust Inc)

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