Common use of Term-Out Fee Clause in Contracts

Term-Out Fee. The Company shall pay to the Agent (for the account of each Lender) a term out fee in the Base Currency in an amount equal to 0.05 per cent. flat on that Lender’s participation in the Base Currency Amount of the Facility B Loan(s) in relation to which the Term Out Option has been exercised, such fee to be paid on the Term Out Date.

Appears in 1 contract

Samples: Facility Agreement (Intercontinental Hotels Group PLC /New/)

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Term-Out Fee. The Company Original Borrower shall pay to the Agent (for the account of each Lender) a term out fee in the Base Currency in an amount equal to 0.05 of 0.10 per cent. flat on that Lender’s participation in the Base Currency Amount of the Facility B Loan(s) in relation to which the Term Out Option has been exercised, such fee to be paid on the Term Out Date.. A02583129/5.0/05 Feb 2003 Back to Contents

Appears in 1 contract

Samples: Facility Agreement (Six Continents PLC)

Term-Out Fee. The Company shall pay to the Agent (for the account of each Lender) a term out fee in the Base Currency in an amount equal to 0.05 of 0.15 per cent. flat on that Lender’s 's participation in the Base Currency Amount of the Facility B A Loan(s) in relation to which the Term Out Option has been exercised, such fee to be paid on the Term Out Date.. Back to Contents

Appears in 1 contract

Samples: Facility Agreement (Mitchells & Butlers PLC)

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Term-Out Fee. The Company shall pay to the Agent (for the account of each Lender) a term out fee in the Base Currency in an amount equal to 0.05 of 0.15 per cent. flat on that Lender’s 's participation in into the Base Currency Amount of the Facility B A Loan(s) in relation to which the Term Out Option has been exercised, such fee to be paid on the Term Out Date.. Back to Contents

Appears in 1 contract

Samples: Facility Agreement (Intercontinental Hotels Group PLC /New/)

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