Common use of Deferred Fees Clause in Contracts

Deferred Fees. Subject to the occurrence of the Amendment No. 2 Effective Date, the Borrower agrees to pay to the Administrative Agent, for the account of each Term Loan Lender, deferred fees in the following amounts: (i) .25% of the principal amount of such Term Loan Lender's Term Loans outstanding on February 1, 2000, (ii) 1.00% of the principal amount of such Term Loan Lender's Term Loans outstanding on August 1, 2000 and (iii) 1.00% of the principal amount of such Term Loan Lender's Term Loans outstanding on January 30, 2001.

Appears in 2 contracts

Sources: Term Loan Agreement (Specialty Foods Corp), Term Loan Agreement (Specialty Foods Acquisition Corp)