Common use of Fees and Reimbursement of Expenses Clause in Contracts

Fees and Reimbursement of Expenses. (a) The Company agrees to pay to the Administrative Agent, for the ratable benefit of each consenting Lender, an irrevocable and non-refundable fee in an amount equal to 0.05% of such Lender’s Commitment (the “Work Fee”), which Work Fee shall be fully earned and payable on the Amendment No. 1