Common use of Incremental Fee Clause in Contracts

Incremental Fee. Upon execution of Amendment No. 6 to this Agreement, the Lenders and the "Lenders" under the 2000 Credit Agreement shall fully earn a fee equal to $2,000,000 (the "Incremental Fee"). The Incremental Fee shall be payable to the Administrative Agent (for the ratable benefit of the Lenders hereunder and the "Lenders" under the 2000 Credit Agreement) in the following manner: (i) $1,000,000 on September 30, 2001 and (ii) $1,000,000 on the Final Maturity Date; provided that the portion of the Incremental Fee due on September 30, 2001 shall be prepaid in whole or in part upon an asset sale or other disposition, a New Capital Transaction or receipt of a federal income tax refund as provided in Section 2.09; and provided further that the portion of the Incremental Fee referenced in clause (ii) above shall be paid-in-kind and bear interest commencing on the Eighth Amendment Date at a rate equal to the rate borne by Alternate Base Loans from time to time."

Incremental Fee. Upon execution of Amendment No. 6 3 to this Agreement, the Lenders and the "Lenders" under the 2000 1999 Credit Agreement shall fully earn a fee equal to $2,000,000 (the "Incremental Fee"). The Incremental Fee shall be payable to the Administrative Agent (for the ratable benefit of the Lenders hereunder and the "Lenders" under the 2000 1999 Credit Agreement) in the following manner: (i) $1,000,000 on September 30, 2001 and (ii) $1,000,000 on the Final Maturity Date; provided that the portion of the Incremental Fee due on September 30, 2001 shall be prepaid in whole or in part upon an asset sale or other disposition, a New Capital Transaction or receipt of a federal income tax refund as provided in Section 2.09; and provided further that the portion of the Incremental Fee referenced in clause (ii) above shall be paid-in-kind and bear interest commencing on the Eighth Fifth Amendment Date at a rate equal to the rate borne by Alternate Base Loans from time to time."