Upfront Fee. On the Closing Date the Borrower shall pay to the Administrative Agent for the account of each Lender in accordance with its Applicable Percentage, an upfront fee equal to 0.10% of the Aggregate Commitments.
Appears in 3 contracts
Samples: Credit Agreement (Tortoise Midstream Energy Fund, Inc.), Credit Agreement (Tortoise Energy Infrastructure Corp), Assignment and Assumption (Tortoise MLP Fund, Inc.)
Upfront Fee. On the Closing Date Date, the Borrower shall pay to the Administrative Agent for the account of each Lender in accordance with its Applicable Percentage, an upfront fee equal to 0.10% of the Aggregate Commitments.
Appears in 2 contracts
Samples: Credit Agreement (Tortoise Pipeline & Energy Fund, Inc.), Credit Agreement (Tortoise Pipeline & Energy Fund, Inc.)
Upfront Fee. On the Closing Date the The Borrower shall pay to the Administrative Agent on the Closing Date, for the account of each Lender in accordance with its Applicable PercentageLender, an upfront fee in an amount equal to 0.10% twenty five (25) basis points on the aggregate Commitment of the Aggregate Commitmentssuch Lender.
Appears in 1 contract
Upfront Fee. On the Closing Date the The Borrower shall pay to the Administrative Agent Agent, for the account ratable benefit of each Lender in accordance with its Applicable PercentageLender, an a one-time upfront fee equal to 0.10% of .0020 multiplied by the Aggregate Revolving Commitments. The upfront fee shall be due and payable on the Closing Date.
Appears in 1 contract
Samples: Revolving Credit Agreement (Patriot Transportation Holding Inc)
Upfront Fee. On the Closing Date Date, the Borrower shall pay to the Administrative Agent for the account of each Lender in accordance with its Applicable Revolving Percentage, an upfront a fully earned, non-fundable facility fee equal to 0.10% times the aggregate Commitments of the Aggregate Commitments.all Lenders
Appears in 1 contract
Upfront Fee. On the Closing Date the The Borrower shall pay to the Administrative Agent on the Closing Date, for the ratable account of each Lender in accordance with its Applicable PercentageLender, an upfront fee equal to 0.101.00% of the Aggregate Commitments.
Appears in 1 contract
Upfront Fee. On the Closing Date the Date, Borrower shall pay to the Administrative Agent (for the account of each Lender in accordance with according to its Applicable Percentage, respective Proportionate Share) an upfront fee (the "Upfront Fee") equal to 0.101.00% on the aggregate amount of the Aggregate Commitments.initial Total Loan Commitment. Borrower shall, at its option and subject to the terms and conditions hereof, be reimbursed for such payment out of Borrowings. (b)
Appears in 1 contract
Samples: Financing Agreement (Central Vermont Public Service Corp)
Upfront Fee. On At the Closing Date Date, the Borrower shall pay to the Administrative Agent for the account of each Lender in accordance with its Applicable Percentage, an upfront fee equal to 0.100.15% of the Aggregate Commitments.
Appears in 1 contract
Samples: Credit Agreement (Northwest Pipe Co)
