Common use of Defaulting Lender Fees Clause in Contracts

Defaulting Lender Fees. The Borrower shall not be obligated to pay the Administrative Agent any Defaulting Lender’s ratable share of the fees described in Sections 3.05(a) and (b) for the period commencing on the day such Defaulting Lender becomes a Defaulting Lender and continuing for so long as such Lender continues to be a Defaulting Lender.

Appears in 11 contracts

Sources: Credit Agreement (WildHorse Resource Development Corp), Credit Agreement (Memorial Resource Development Corp.), Credit Agreement (Memorial Resource Development Corp.)

Defaulting Lender Fees. The Subject to Section 2.08(k), the Borrower shall not be obligated to pay the Administrative Agent any Defaulting Lender’s ratable share of the fees described in Sections Section 3.05(a) and (b) for the period commencing on the day such Defaulting Lender becomes a Defaulting Lender and continuing for so long as such Lender continues to be a Defaulting Lender.

Appears in 11 contracts

Sources: Credit Agreement (Chord Energy Corp), Credit Agreement (Oasis Petroleum Inc.), Credit Agreement (Chord Energy Corp)

Defaulting Lender Fees. The Subject to Section 2.09, the Borrower shall not be obligated to pay the Administrative Agent any Defaulting Lender’s ratable share of the fees described in Sections Section 3.05(a) and (b) for the period commencing on the day such Defaulting Lender becomes a Defaulting Lender and continuing for so long as such Lender continues to be a Defaulting Lender.

Appears in 8 contracts

Sources: Credit Agreement (Oasis Midstream Partners LP), Credit Agreement (Montage Resources Corp), Credit Agreement (Oasis Midstream Partners LP)

Defaulting Lender Fees. The Subject to Section 2.08(j), the Borrower shall not be obligated to pay the Administrative Agent any Defaulting Lender’s ratable share of the fees described in Sections Section 3.05(a) and (b) for the period commencing on the day such Defaulting Lender becomes a Defaulting Lender and continuing for so long as such Lender continues to be a Defaulting Lender.

Appears in 7 contracts

Sources: Credit Agreement (Titan Energy, LLC), Credit Agreement (Atlas Growth Partners, L.P.), Credit Agreement (Atlas Growth Partners, L.P.)

Defaulting Lender Fees. The Subject to Section 2.09, the Borrower shall not be obligated to pay the Administrative Agent any Defaulting LenderL▇▇▇▇▇’s ratable share of the fees described in Sections Section 3.05(a) and (b) for the period commencing on the day such Defaulting Lender becomes a Defaulting Lender and continuing for so long as such Lender continues to be a Defaulting Lender.

Appears in 4 contracts

Sources: Credit Agreement (BKV Corp), Credit Agreement (Prairie Operating Co.), Credit Agreement (Prairie Operating Co.)

Defaulting Lender Fees. The Borrower shall not be obligated to pay the Administrative Agent any Defaulting Lender’s 's ratable share of the fees described in Sections 3.05(a) and (b) for the period commencing on the day such Defaulting Lender becomes a Defaulting Lender and continuing for so long as such Lender continues to be a Defaulting Lender.

Appears in 2 contracts

Sources: Credit Agreement (Northern Oil & Gas, Inc.), Credit Agreement (Northern Oil & Gas, Inc.)

Defaulting Lender Fees. The Subject to Section 2.03(n), the Borrower shall not be obligated to pay the Administrative Agent any Defaulting Lender’s ratable share of the fees described in Sections 3.05(aSection 2.03(i) and (bSection 2.09(a) for the period commencing on the day such Defaulting Lender becomes a Defaulting Lender and continuing for so long as such Lender continues to be a Defaulting Lender.

Appears in 2 contracts

Sources: Credit Agreement (Container Store Group, Inc.), Credit Agreement (Container Store Group, Inc.)

Defaulting Lender Fees. The Borrower shall not be obligated to pay the Administrative Agent any Defaulting Lender’s ratable share of the fees described in Sections Section 3.05(a) and (b) for the period commencing on the day such Defaulting Lender becomes a Defaulting Lender and continuing for so long as such Lender continues to be a Defaulting Lender.

Appears in 2 contracts

Sources: Credit Agreement (Jones Energy, Inc.), Credit Agreement (Petroquest Energy Inc)

Defaulting Lender Fees. The Subject to Section 2.09(k), the Borrower shall not be obligated to pay the Administrative Agent any Defaulting Lender’s ratable share of the fees described in Sections Section 3.05(a) and (b) for the period commencing on the day such Defaulting Lender becomes a Defaulting Lender and continuing for so long as such Lender continues to be a Defaulting Lender.

Appears in 2 contracts

Sources: Credit Agreement (Centennial Resource Development, Inc.), Credit Agreement (Centennial Resource Development, Inc.)

Defaulting Lender Fees. The Subject to Section 2.03, the Borrower shall not be obligated to pay the Administrative Agent any Defaulting Lender’s L▇▇▇▇▇'s ratable share of the fees described in Sections 3.05(a) Section 2.03 and (bSection 2.09(a) for the period commencing on the day such Defaulting Lender becomes a Defaulting Lender and continuing for so long as such Lender continues to be a Defaulting Lender.

Appears in 2 contracts

Sources: Asset Based Revolving Credit Agreement (Container Store Group, Inc.), Senior Secured Superpriority Debtor in Possession Asset Based Revolving Credit Agreement (Container Store Group, Inc.)

Defaulting Lender Fees. The Subject to Section 2.03(n), the Borrower shall not be obligated to pay the Administrative Agent any Defaulting Lender’s 's ratable share of the fees described in Sections 3.05(aSection 2.03(i) and (bSection 2.09(a) for the period commencing on the day such Defaulting Lender becomes a Defaulting Lender and continuing for so long as such Lender continues to be a Defaulting Lender.

Appears in 2 contracts

Sources: Credit Agreement (Container Store Group, Inc.), Credit Agreement (Container Store Group, Inc.)

Defaulting Lender Fees. The Borrower shall not be obligated to pay the Administrative Agent any Defaulting Lender’s ratable share of the fees described in Sections 3.05(a) and (bexcept as specified in Section 2.11(c)(iv) and (v)) Section 3.05(b) for the period commencing on the day such Defaulting Lender becomes a Defaulting Lender and continuing for so long as such Lender continues to be a Defaulting Lender.

Appears in 1 contract

Sources: Credit Agreement (Bill Barrett Corp)

Defaulting Lender Fees. The Borrower Borrowers shall not be obligated to pay the Administrative Agent and the Administrative Agent shall not be required to pay any Defaulting Lender’s ratable share of the fees described in Sections Section 3.05(a) and (b) for the period commencing on the day such Defaulting Lender becomes a Defaulting Lender and continuing for so long as such Lender continues to be a Defaulting Lender.

Appears in 1 contract

Sources: Senior Secured Revolving Credit Agreement (Hornbeck Offshore Services Inc /La)

Defaulting Lender Fees. The Subject to Section 2.07(k), the Borrower shall not be obligated to pay the Administrative Agent any Defaulting Lender’s 's ratable share of the fees described in Sections Section 3.05(a) and (b) for the period commencing on the day such Defaulting Lender becomes a Defaulting Lender and continuing for so long as such Lender continues to be a Defaulting Lender.

Appears in 1 contract

Sources: Debtor in Possession Credit Agreement (Approach Resources Inc)

Defaulting Lender Fees. The Borrower shall not be obligated to pay the Administrative Agent any Defaulting Lender’s ratable share of the fees described in Sections 3.05(a) and (b) as specified in Section 2.10, for the period commencing on the day such Defaulting Lender becomes a Defaulting Lender and continuing for so long as such Lender continues to be a Defaulting Lender.

Appears in 1 contract

Sources: Credit Agreement (Kodiak Oil & Gas Corp)

Defaulting Lender Fees. The Borrower shall not be obligated to pay the Administrative Agent any Defaulting Lender’s 's ratable share of the fees described in Sections 3.05(a) and (b) for the period commencing on the day such Defaulting Lender becomes a Defaulting Lender and continuing for so long as such Lender continues to be a Defaulting Lender.. Payments; Pro

Appears in 1 contract

Sources: Credit Agreement (Westway Group, Inc.)

Defaulting Lender Fees. The Borrower shall not be obligated to pay the Administrative Agent any Defaulting Lender’s ratable share of the fees described in Sections 3.05(a) and (b) for the period commencing on the day such Defaulting Lender becomes a Defaulting Lender and continuing for so long as such Lender continues to be a Defaulting Lender.

Appears in 1 contract

Sources: Credit Agreement (Bill Barrett Corp)

Defaulting Lender Fees. The Borrower shall not be obligated to pay the Administrative Agent and the Administrative Agent shall not be required to pay any Defaulting Lender’s ratable share of the fees described in Sections Section 3.05(a) and (b) for the period commencing on the day such Defaulting Lender becomes a Defaulting Lender and continuing for so long as such Lender continues to be a Defaulting Lender.

Appears in 1 contract

Sources: Credit Agreement (Hornbeck Offshore Services Inc /La)

Defaulting Lender Fees. The Subject to Section 2.03, the Borrower shall not be obligated to pay the Administrative Agent any Defaulting Lender’s ratable Lende▇'▇ ▇▇table share of the fees described in Sections 3.05(a) Section 2.03 and (bSection 2.09(a) for the period commencing on the day such Defaulting Lender becomes a Defaulting Lender and continuing for so long as such Lender continues to be a Defaulting Lender.

Appears in 1 contract

Sources: Transaction Support Agreement (Container Store Group, Inc.)

Defaulting Lender Fees. The Borrower shall not be obligated to pay the Administrative Agent any Defaulting Lender’s ratable share of the fees described in Sections 3.05(a) and (bexcept as specified in Section 2.09(d)(iv) and (v)) Section 3.05(b) for the period commencing on the day such Defaulting Lender becomes a Defaulting Lender and continuing for so long as such Lender continues to be a Defaulting Lender.. ARTICLE IV

Appears in 1 contract

Sources: Credit Agreement (HighPoint Resources Corp)

Defaulting Lender Fees. The Subject to Section 2.10, the Borrower shall not be obligated to pay the Administrative Agent any Defaulting Lender’s ratable share of the fees described in Sections Section 3.05(a) and (b) for the period commencing on the day such Defaulting Lender becomes a Defaulting Lender and continuing for so long as such Lender continues to be a Defaulting Lender.

Appears in 1 contract

Sources: Credit Agreement (Pressburg, LLC)

Defaulting Lender Fees. The Subject to Section 2.07(j), the Borrower shall not be obligated to pay the Administrative Agent any Defaulting Lender’s ratable share of the fees described in Sections Section 3.05(a) and (b) for the period commencing on the day such Defaulting Lender becomes a Defaulting Lender and continuing for so long as such Lender continues to be a Defaulting Lender.

Appears in 1 contract

Sources: Credit Agreement (Atlas Energy, L.P.)

Defaulting Lender Fees. The Borrower Borrowers shall not be obligated to pay the Administrative Agent and the Administrative Agent shall not be required to pay any Defaulting Lender’s ratable share of the fees described in Sections Section 3.05(a) and (b) for the period commencing on the day such Defaulting Lender becomes a Defaulting Lender and continuing for so long as such Lender continues to be a Defaulting Lender.

Appears in 1 contract

Sources: Credit Agreement (Hornbeck Offshore Services Inc /La)