Examples of Lender Fee Letter in a sentence
If, at any time prior to the two-year anniversary of the Closing Date, the Facility Amount is reduced in whole or in part at the option or election of the Borrower, the Borrower shall pay to the Collateral Agent (for the account of the Lenders on a pro rata basis), a prepayment fee in the amount set forth in the Lender Fee Letter; provided that no prepayment fee shall be owed in connection with the termination or reduction of Commitment of any Defaulting Lender.
The Borrower shall pay to the Lenders, in Dollars, fees in the amounts and at the times specified in any applicable Lender Fee Letter (collectively, the “Lender Fees”).
On each Payment Date, the Borrower shall pay to the Collateral Agent (for the account of the Lenders on a pro rata basis) the Commitment Fee in the amount set forth in the Lender Fee Letter; provided, that the Borrower shall not be required to pay any Commitment Fee (i) during any period in which any Lender or the Administrative Agent suspends the obligation to make Advances pursuant to Section 2.11 or (ii) at any time to a Lender which is a Defaulting Lender.
Subject to Section 2.12(a)(iii), if the Aggregate Commitments are terminated in whole or in part pursuant to Section 2.04(a), then Borrower shall, in accordance with the Lender Fee Letter, pay to the Administrative Agent for the account of each non-Defaulting Lender in accordance with its Applicable Percentage a fee (a “Make-Whole Fee”) equal to the amount in Dollars of the product of (i) the Aggregate Commitments (or terminated portion thereof) multiplied by (ii) the applicable Make-Whole Percentage.
On each Payment Date, the Borrower shall pay to the Collateral Agent (for the account of the Lenders on a pro rata basis) the Commitment Fee in the amount set forth in the Lender Fee Letter; provided that, the Borrower shall not be required to pay any Commitment Fee (i) during any period in which any Lender or the Administrative Agent suspends the obligation to make Advances pursuant to Section 2.11 or (ii) at any time to a Lender which is a Defaulting Lender.