Common use of Change in Fees or Interest Rates Clause in Contracts

Change in Fees or Interest Rates. If the Applicable Margin or Applicable Facility Fee Rate is increased or reduced with respect to any period for which any Borrower has already paid interest or the Facility Fee, the Agent shall recalculate the additional interest or the Facility Fee due from, or the amount of the refund of interest or the Facility Fee due to, such Borrower and shall, within fifteen (15) Business Days after the Agent received the information which gave rise to such increase or decrease, give the applicable Borrower and the Banks notice of such recalculation. (i) Any additional interest or Facility Fee due from any Borrower shall be paid to the Agent for the account of the Banks on the next date on which an interest or fee payment is due; provided, however, that if there are no Loans outstanding or if the Loans are due and payable, such additional interest or Facility Fee shall be paid promptly after receipt of written request for payment from the Agent. (ii) Any interest or Facility Fee refund due to any Borrower shall be credited against payments otherwise due from such Borrower on the next interest or fee payment date or, if the Loans have been repaid and the Banks are no longer committed to lend under this Agreement, the Banks shall pay the Agent for the account of such Borrower such interest or Facility Fee refund not later than five Business Days after written notice from the Agent to the Banks.

Change in Fees or Interest Rates. If the Applicable Margin or Applicable Facility Fee Rate is increased or reduced with respect to any period for which any Borrower has already paid interest or the Facility FeeFees, the Agent shall recalculate the additional interest or the Facility Fee Fees due from, or the amount of the refund of interest or the Facility Fee Fees due to, such Borrower and shall, within fifteen (15) Business Days after the Agent received the information which gave rise to such increase or decrease, give the applicable Borrower and the Banks notice of such recalculation. (i) Any additional interest or Facility Fee due from any Borrower shall be paid to the Agent for the account of the Banks on the next date on which an interest or fee payment is due; provided, however, that if there are no Loans outstanding or if the Loans are due and payable, such additional interest or Facility Fee shall be paid promptly after receipt of written request for payment from the Agent. (ii) Any interest or Facility Fee refund due to any Borrower shall be credited against payments otherwise due from such Borrower on the next interest or fee payment date or, if the Loans have been repaid and the Banks are no longer committed to lend under this Agreement, the Banks shall pay the Agent for the account of such Borrower such interest or Facility Fee refund not later than five Business Days after written notice from the Agent to the Banks.

Change in Fees or Interest Rates. If the Applicable Margin or Applicable Facility Fee Rate Amount is increased or reduced with respect to any period for which any Borrower has already paid interest or the Facility FeeFees, the Agent shall recalculate the additional interest or the Facility Fee Fees due from, from or the amount of the refund of interest or the Facility Fee Fees due to, to such Borrower and shall, within fifteen (15) Business Days after the Agent received the information which gave rise to such increase or decrease, give the applicable Borrower and the Banks notice of such recalculation. (i) Any additional interest or Facility Fee due from any Borrower shall be paid to the Agent for the account of the Banks on the next date on which an interest or fee payment is due; provided, however, that if there are no Loans outstanding or if the Loans are due and payable, such additional interest or Facility Fee shall be paid promptly after receipt of written request for payment from the Agent. (ii) Any interest or Facility Fee refund due to any Borrower shall be credited against payments otherwise due from such Borrower on the next interest or fee payment date or, if the Loans have been repaid and the Banks are no longer committed to lend under this Agreement, the Banks shall pay the Agent for the account of such Borrower such interest or Facility Fee refund not later than five Business Days after written notice from the Agent to the Banks.

Change in Fees or Interest Rates. If the Applicable Margin or Applicable Facility Fee Rate Amount is increased or reduced with respect to any period for which any the Borrower has already paid interest or the Facility FeeFees, the Agent shall recalculate the additional interest or the Facility Fee Fees due from, from or the amount of the refund of interest or Facility Fees due to the Facility Fee due to, such Borrower and shall, within fifteen (15) Business Days after the Agent received the information which gave rise to such increase or decrease, give the applicable Borrower and the Banks notice of such recalculation. (i) Any additional interest or Facility Fee due from any the Borrower shall be paid to the Agent for the account of the Banks on the next date on which an interest or fee payment is due; provided, however, that if there are no Loans outstanding or if the Loans are due and payable, such additional interest or Facility Fee shall be paid promptly after receipt of written request for payment from the Agent. (ii) Any interest or Facility Fee refund due to any the Borrower shall be credited against payments otherwise due from such the Borrower on the next interest or fee payment date or, if the Loans have been repaid and the Banks are no longer committed to lend under this Agreement, the Banks shall pay the Agent for the account of such the Borrower such interest or Facility Fee refund not later than five Business Days after written notice from the Agent to the Banks.

Change in Fees or Interest Rates. If the Applicable Margin or Applicable Facility Commitment Fee Rate is increased or reduced with respect to any period for which any the Borrower has already paid interest or the Facility Commitment Fee, the Agent shall recalculate the additional interest or the Facility Commitment Fee due from, from or to the amount of the refund of interest or the Facility Fee due to, such Borrower and shall, within fifteen (15) Business Days after the Borrower notifies the Agent received the information which gave rise to of such increase or decrease, give the applicable Borrower and the Banks Lenders notice of such recalculation. (i) 4.1.3.1 Any additional interest or Facility Commitment Fee due from any the Borrower shall be paid to the Agent for the account of the Banks Lenders on the next date on which an interest or fee payment is due; provided, however, provided that if there are no Loans outstanding or if the Loans are due and payable, such additional interest or Facility Commitment Fee shall be paid promptly after receipt of written request for payment from the Agent. (ii) 4.1.3.2 Any interest or Facility Commitment Fee refund due to any the Borrower shall be credited against payments otherwise due from such the Borrower on the next interest or fee payment due date or, if the Loans have been repaid and the Banks Lenders are no longer committed to lend under this Agreement, the Banks Lenders shall pay the Agent for the account of such the Borrower such interest or Facility Commitment Fee refund not later than five (5) Business Days after written notice from the Agent to the BanksLenders.

Change in Fees or Interest Rates. If the Applicable Margin or Applicable Facility Fee Rate any applicable fee amount is increased or reduced pursuant to the terms and conditions of this Agreement with respect to any period for which any the Borrower has already paid interest or the Facility Feefees, the Agent shall recalculate the additional interest or fees due from or due to the Facility Fee due from, or the amount of the refund of interest or the Facility Fee due to, Borrower with respect to such Borrower period and shall, within fifteen (15) Business Days after the Borrower notifies the Agent received the information which gave rise to of such increase or decrease, give the applicable Borrower and the Banks notice of such recalculation. (i) 3.1.4.1 Any additional interest or Facility Fee fee due from any the Borrower shall be paid to the Agent for the account of the Banks on the next date on which an interest or fee payment is due; provided, however, that if there are no Loans or Letters of Credit outstanding or if the Loans are due and payable, such additional interest or Facility Fee fee shall be paid promptly after receipt of written request for payment from the Agent. (ii) 3.1.4.2 Any interest or Facility Fee fee refund due to any the Borrower shall be credited against payments otherwise due from such the Borrower on the next interest or fee payment due date or, if the Loans have been repaid and there are no Letters of Credit outstanding and the Banks are no longer committed to lend under this Agreement, the Banks shall pay the Agent for the account of such the Borrower such interest or Facility Commitment Fee refund not later than five Business Days after written notice from the Agent to the BanksBanks and the Agent shall promptly remit such amounts due to the Borrower.

Change in Fees or Interest Rates. If the Applicable Margin or Applicable Facility Fee Rate is increased or reduced with respect to any period for which any the Borrower has already paid interest or the Facility FeeFees, the Agent shall recalculate the additional interest or Facility Fees due from the Facility Fee due from, or the amount of the refund of interest or the Facility Fee due to, such Borrower and shall, within fifteen (15) Business Days after the Borrower notifies the Agent received the information which gave rise to of such increase or decrease, give the applicable Borrower and the Banks notice of such recalculation. (i) 3.1.3.1 Any additional interest or Facility Fee due from any the Borrower shall be paid to the Agent for the account of the Banks on the next date on which an interest or fee payment is due; provided, however, that if there are no Loans outstanding or if the Loans are due and payable, such additional interest or Facility Fee shall be paid promptly after receipt of written request for payment from the Agent. (ii) 3.1.3.2 Any interest or Facility Fee refund due to any the Borrower shall be credited against payments otherwise due from such the Borrower on the next interest or fee payment due date or, if the Loans have been repaid and the Banks are no longer committed to lend under this Agreement, the Banks shall pay the Agent for the account of such the Borrower such interest or Facility Fee refund not later than five Business Days after written notice from the Agent to the Banks.