Common use of PAYMENT OF COMMITMENT COMMISSION Clause in Contracts

PAYMENT OF COMMITMENT COMMISSION. on the Revolving Facility The Agent shall promptly after the end of each Commitment Period notify the Parent (on behalf of the Borrowers) and the Revolving Banks of the amounts payable by the Borrowers under Clause 25.1 (Commitment Commission on the Revolving Facility) in respect of such Commitment Period and the Borrowers, acting through the Parent, shall pay such amount to the Agent for account of the Revolving Banks pro rata to each Revolving Bank's Revolving Commitment hereunder from time to time during the applicable Commitment Period within five Business Days of such notification.

Appears in 1 contract

Sources: Credit Agreement (NTL Inc)

PAYMENT OF COMMITMENT COMMISSION. on the Revolving Facility The Agent shall promptly after the end of each Commitment Period notify the Parent Principal Borrower (on its own behalf and on behalf of the Borrowers) and the Revolving Banks of the amounts payable by the Borrowers under Clause 25.1 (Commitment Commission on the Revolving Facility) in respect of such Commitment Period and the Borrowers, acting through the ParentPrincipal Borrower, shall pay such amount to the Agent for account of the Revolving Banks pro rata to each Revolving Bank's Revolving Commitment hereunder from time to time during the applicable Commitment Period Period, within five Business Days of such notification.

Appears in 1 contract

Sources: Credit Agreement (NTL Europe Inc)

PAYMENT OF COMMITMENT COMMISSION. on the Revolving Facility The Agent shall promptly after the end of each Commitment Period notify the Parent Principal Borrower (on its own behalf and on behalf of the Borrowers) and the Revolving Banks of the amounts payable by the Borrowers under Clause 25.1 25.2 (Commitment Commission on the Revolving Facility) in respect of such Commitment Period and the Borrowers, acting through the ParentPrincipal Borrower, shall pay such amount to the Agent for account of the Revolving Banks pro rata to each Revolving Bank's Revolving Commitment hereunder from time to time during the applicable Commitment Period Period, within five Business Days of such notification.. 100

Appears in 1 contract

Sources: Credit Agreement (NTL Inc/De/)