Common use of Termination and Line Reduction Fees Clause in Contracts

Termination and Line Reduction Fees. If the Credit Facility is terminated for any reason as of a date other than the Maturity Date, or the Borrower reduces the Maximum Line, the Borrower shall pay the Lender a fee in an amount equal to a percentage of the Maximum Line (or the reduction, as the case may be) as follows: (i) three percent (3%) if the termination or reduction occurs on or before the first anniversary of the Funding Date; (ii) two percent (2%) if the termination or reduction occurs after the first anniversary of the Funding Date but on or before the second anniversary of the Funding Date; and (iii) one percent (1%) if the termination or reduction occurs after the second anniversary of the Funding Date.

Termination and Line Reduction Fees. If the Credit Facility is terminated for any reason as of a date other than the Maturity Date, or the Borrower reduces the Maximum Line, the Borrower shall pay to the Lender a fee in an amount equal to a percentage of the Maximum Line (or the reduction, as the case may be) as follows: (i) three percent (33.0%) if the termination or reduction occurs on or before the first anniversary of the Funding Date; (ii) two percent (22.0%) if the termination or reduction occurs after the first anniversary of the Funding Date but on or before the second anniversary of the Funding Date; and (iii) one percent (11.0%) if the termination or reduction occurs after the second anniversary of the Funding Date.

Termination and Line Reduction Fees. If the Credit Facility is terminated for any reason as of a date other than the Maturity Date, or the Borrower reduces the Maximum Line, the Borrower shall pay to the Lender a fee in an amount equal to a percentage of the Maximum Line (or the reduction, as the case may be) as follows: (i) three percent (33.0%) if the termination or reduction occurs on or before the first anniversary of the Funding Date; (ii) two one percent (21.0%) if the termination or reduction occurs after the first anniversary of the Funding Date but on or before the second anniversary of the Funding Date; and (iii) three-quarters of one percent (10.75%) if the termination or reduction occurs after the second anniversary of the Funding Date.

Termination and Line Reduction Fees. If the Credit Facility is terminated for any reason as of a date other than the Maturity Date, or the Borrower reduces the Maximum Line, the Borrower shall pay to the Lender a fee in an amount equal to a percentage of the Maximum Line (or the reduction, as the case may be) as follows: (iA) three two percent (32.0%) if the termination or reduction occurs on or before the first anniversary of the Funding Date; (iiB) two one percent (21.0%) if the termination or reduction occurs after the first anniversary of the Funding Date but on or before the second anniversary of the Funding Date; and (iii) one percent (1%) if the termination or reduction occurs after the second anniversary of the Funding Date.

Termination and Line Reduction Fees. If the Credit Facility is terminated for any reason as of a date other than the Maturity Date, or the Borrower reduces the Maximum Line, the Borrower shall pay to the Lender a fee in an amount equal to a percentage of the Maximum Line (or the reduction, as the case may be) as follows: (i) three percent (3%) 1.0% if the termination or reduction occurs on or before the first third anniversary of the Funding Date; (ii) two percent (2%) 0.67% if the termination or reduction occurs after the first third anniversary of the Funding Date but on or before the second fourth anniversary of the Funding Date; and (iii) one percent (1%) 0.5% if the termination or reduction occurs after the second fourth anniversary of the Funding Date."

Termination and Line Reduction Fees. If the Credit Facility is terminated for any reason as of a date other than the Maturity Date, or the Borrower reduces the Maximum Line, the Borrower shall pay to the Lender a fee in an amount equal to a percentage of the Maximum Line (or the reduction, as the case may be) as follows: (i) three percent (3%) if the termination or reduction occurs on or before the first anniversary of the Funding Date; (ii) two ii)two percent (2%) if the termination or reduction occurs after the first anniversary of the Funding Date but on or before the second anniversary of the Funding Date; and (iii) one percent (1%) if the termination or reduction occurs after the second anniversary of the Funding Date.

Termination and Line Reduction Fees. If the Credit Facility is terminated for any reason as of a date other than the Maturity Date, or the Borrower reduces the Maximum Line, the Borrower shall pay to the Lender a fee in an amount equal to a percentage of the Maximum Line (or the reduction, as the case may be) as follows: (i) three percent (33.0%) if the termination or reduction occurs on or before the first anniversary of the Funding Date; (ii) two percent (22.0%) if the termination or reduction occurs after the first anniversary of the Funding Date but on or before the second anniversary of the Funding Date; and (iii) one percent (11.0%) if the termination or reduction occurs after the second anniversary of the Funding Date.. 10

Termination and Line Reduction Fees. If (i) the Lender terminates the Credit Facility is terminated for any reason as of during a Default Period, or if (ii) the Borrower terminates or reduces the Credit Facility on a date other than prior to the Maturity Date, or the Borrower reduces the Maximum Line, then the Borrower shall pay the Lender as liquidated damages and not as a penalty a termination fee in an amount equal to a percentage of the Maximum Line Amount (or the reductionreduction of the Maximum Line Amount, as the case may be) calculated as follows: (iA) three two percent (32%) if the termination or reduction occurs on or before the first anniversary of the Funding Date; (iiB) two one percent (2%1) if the termination or reduction occurs after the first anniversary of the Funding Date Date, but on or before the second anniversary of the Funding Date; and (iiiC) one-half of one percent (1.50%) if the termination or reduction occurs after the second anniversary of the Funding Date.

Termination and Line Reduction Fees. If the Credit Facility is terminated for any reason as of a date other than the Maturity Date, or the Borrower reduces the Maximum Line, the Borrower shall pay to the Lender a fee in an amount equal to a percentage of the Maximum Line (or the reduction, as the case may be) as follows: (iA) three two percent (32.0%) if the termination or reduction occurs on or before the first anniversary of the Funding Date; (iiB) two one percent (21.0%) if the termination or reduction occurs after the first anniversary of the Funding Date but on or before the second anniversary of the Funding Date; . Waiver of Termination and (iii) one percent (1%) if Line Reduction Fees. The Borrower will not be required to pay the termination or line reduction occurs after the second anniversary fees otherwise due under this Section 2.8 if such termination or line reduction is made because of refinancing by an affiliate of the Funding DateLender.

Termination and Line Reduction Fees. If the Credit Facility is terminated for any reason as of a date other than the Maturity Date, or the Borrower reduces the Maximum Line, the Borrower shall pay to the Lender a fee in an amount equal to a percentage of the Maximum Line (or the reduction, as the case may be) as follows: (i) three percent (3%) if the termination or reduction occurs on or before the first anniversary of the Funding Date; (ii) two percent (22.0%) if the termination or reduction occurs after the first anniversary of the Funding Date but on or before the second anniversary of the Funding Date; and (iii) one percent (1%) if the termination or reduction occurs after the second anniversary of the Funding Date.

Termination and Line Reduction Fees. If the Credit Facility is terminated for any reason as of a date other than the Maturity Date, or the Borrower reduces the Maximum Line, the Borrower shall pay to the Lender a fee in an amount equal to a percentage of the Maximum Line (or the reduction, as the case may be) as follows: (ifollows:(i) three percent (33.0%) if the termination or reduction occurs on or before the first anniversary of the Funding Date; (ii) two percent (22.0%) if the termination or reduction occurs after the first anniversary of the Funding Date but on or before the second anniversary of the Funding Date; and (iii) one percent (11.0%) if the termination or reduction occurs after the second anniversary of the Funding Date.

Termination and Line Reduction Fees. If (i) the Lender terminates the Credit Facility is terminated for any reason as of during a Default Period, or if (ii) the Borrower terminates or reduces the Credit Facility on a date other than prior to the Maturity Date, or the Borrower reduces the Maximum Line, then the Borrower shall pay the Lender as liquidated damages a termination fee in an amount equal to a percentage of the Maximum Line Amount (or the reductionreduction of the Maximum Line Amount, as the case may be) calculated as follows: (iA) three percent (3%) if the termination or reduction occurs on or before the first anniversary of the Funding Date; (iiB) two percent (2%) if the termination or reduction occurs after the first anniversary of the Funding Date Date, but on or before the second anniversary of the Funding Date; and (iiiC) one percent (1%) if the termination or reduction occurs after the second anniversary of the Funding Date.

Termination and Line Reduction Fees. If (i) the Lender terminates the Credit Facility is terminated for any reason as of during a Default Period, or if (ii) the Borrower terminates or reduces the Credit Facility on a date other than prior to the Maturity Date, or the Borrower reduces the Maximum Line, then the Borrower shall pay the Lender as liquidated damages and not as a penalty a termination fee in an amount equal to a percentage of the Maximum Line Amount (or the reductionreduction of the Maximum Line Amount, as the case may be) calculated as follows: (iA) three two percent (32%) if the termination or reduction occurs on or before the first anniversary of the Funding Date; or (iiB) two one percent (21%) if the termination or reduction occurs after the first anniversary of the Funding Date but on or before the second anniversary of the Funding Date; and (iii) one percent (1%) if the termination or reduction occurs after the second anniversary of the Funding Date.

Termination and Line Reduction Fees. If (i) the Lender terminates the Credit Facility is terminated for any reason as of during a Default Period, or if (ii) the Borrower terminates or reduces the Credit Facility on a date other than prior to the Maturity Date, or the Borrower reduces the Maximum Line, then the Borrower shall pay the Lender as liquidated damages and not as a penalty a termination fee in an amount equal to a percentage of the Maximum Line Amount (or the reductionreduction of the Maximum Line Amount, as the case may be) calculated as follows: (iA) three percent (3%) if the termination or reduction occurs on or before the first anniversary of the Funding Date; and (iiB) two one percent (21%) if the termination or reduction occurs after the first anniversary of the Funding Date Date, but on or before the second anniversary of the Funding Date; and (iii) one percent (1%) if the termination or reduction occurs after the second anniversary of the Funding Date.

Termination and Line Reduction Fees. If the Credit Facility is terminated for any reason as of a date other than the Maturity Date, or the Borrower reduces the Maximum maximum Line, the Borrower shall pay to the Lender a fee in an amount equal to a percentage of the Maximum Line (or the reduction, as the case may be) be as follows: (iA) three percent (33.0%) if the termination or reduction occurs on or before the first anniversary of the Funding Date; (iiB) two percent (22.0%) if the termination or reduction occurs after the first anniversary of the Funding Date but on or before the second anniversary of the Funding Date; and (iiiC) one percent (11.0%) if the termination or reduction occurs after the second anniversary of the Funding Date.

Termination and Line Reduction Fees. If the Credit Facility is terminated by the Borrower for any reason as of a date other than the Maturity Date, or the Borrower reduces the Maximum Line, the Borrower shall pay to the Lender a fee in an amount equal to a percentage of the Maximum Line (or the reduction, as the case may be) as follows: (i) three percent (3%) if the termination or reduction occurs on or before the first anniversary of the Funding Date; (ii) two percent (2%) if the termination or reduction occurs after the first anniversary of the Funding Date but on or before the second anniversary of the Funding Date; and (iii) one 1 percent (1%) if the termination or reduction occurs after the second anniversary of the Funding Date.

Termination and Line Reduction Fees. If the Credit Facility is terminated for any reason (i) by the Lender during a Default Period that begins before a Maturity Date, (ii) by the Borrowers as of a date other than the a Maturity Date, or the Borrower reduces the Maximum Line, the Borrower Borrowers shall pay to the Lender a fee in an amount equal to a percentage of the Maximum Line (or the reductionreduction thereof, as the case may be) as follows: (ix) three percent (33.0%) if the termination or reduction occurs on or before the first anniversary of the Funding Date; (iiy) two percent (22.0%) if the termination or reduction occurs after the first anniversary of the Funding Date but on or before the second anniversary of the Funding Date; Date and (iiiz) one percent (11.0%) if the termination or reduction occurs after the second anniversary of the Funding Date but on or before the Maturity Date.

Termination and Line Reduction Fees. If the Credit Facility is terminated for any reason as of a date other than the Maturity Date, or the Borrower reduces the Maximum Line, the Borrower shall pay to the Lender a fee in an amount equal to a percentage of the Maximum Line (or the reduction, as the case may be) as follows: (iA) three percent (3%) if the termination or reduction occurs on or before the first anniversary of the Funding Date; (iiB) two percent (2%) if the termination or reduction occurs after the first anniversary of the Funding Date but on or before the second anniversary of the Funding Date; and (iiiC) one percent (1%) if the termination or reduction occurs after the second anniversary of the Funding Date.

Termination and Line Reduction Fees. If the Lender or the Borrower terminates the Credit Facility is terminated for any reason as of a date other than the Maturity Date, or if the Borrower reduces the Maximum Line, the Borrower shall pay the Lender a fee in an amount equal to a percentage of the Maximum Line (or the reductionreduction thereof, as the case may be) as follows: (i) three one percent (31.0%) if the termination or reduction occurs on or before the first anniversary of the Funding Date; and (ii) two one half of one percent (20.5%) if the termination or reduction occurs after the first anniversary of the Funding Date but on or before the second anniversary of the Funding Date; and (iii) one percent (1%) if the termination or reduction occurs after the second anniversary of the Funding Date.

Termination and Line Reduction Fees. If the Credit Facility is Facilities are terminated for any reason as of a date other than the Maturity Date, or the Borrower reduces Borrowers reduce the Maximum Line, the Borrower shall Borrowers agree jointly and severally to pay to the Lender a fee in an amount equal to a percentage of the Maximum Line (or the reduction, as the case may be) as follows: (i) three 3 percent (3%) if the termination or reduction occurs on or before the first anniversary of the Funding Date; (ii) two percent (2%) if the termination or reduction occurs after the first anniversary of the Funding Date but on or before the second anniversary of the Funding Date; and (iii) one percent (1%) if the termination or reduction occurs after the second anniversary of the Funding Date.

Termination and Line Reduction Fees. If the Credit Facility is terminated for any reason as of Lender terminates the Commitment during a Default Period, or if the Borrower requests that the Lender terminate or reduce the Commitment on a date other than prior to the Maturity Date, or the Borrower reduces the Maximum Line, then the Borrower shall pay to the Lender a termination or line reduction fee in an amount equal to a percentage of the Maximum Line Amount (or the reductionreduction of the Maximum Line Amount, as the case may be) as follows: (iA) three one and one-half percent (31.5%) if the termination or reduction occurs on or before the first anniversary of the Funding Date; (iiB) two one percent (21.0%) if the termination or reduction occurs after the first anniversary of the Funding Date but on or before the second anniversary of the Funding Date; and (iiiC) one-half of one percent (10.5%) if the termination or reduction occurs after the second anniversary of the Funding Date.