Common use of Undrawn Commitment Fee Clause in Contracts

Undrawn Commitment Fee. The Borrower shall pay to the Administrative Agent for the ratable account of the Lenders in accordance with their Applicable Percentage, an undrawn commitment fee at the rate per annum equal to the Applicable Margin on the actual daily Commitments of such Lender then outstanding. Such fee shall accrue from and including the later of (i) the date that is 90 days following the date of the Bridge Commitment Letter and (ii) the Effective Date, to but excluding the earlier of (x) termination or expiration of the Commitments and (y) the Closing Date (such earlier date, the “Fee Payment Date”). Such fee shall be due and payable on the Fee Payment Date and shall be calculated based on the number of days (if any) elapsed in a 360-day year. RATINGS (S&P/▇▇▇▇▇’▇) APPLICABLE RATE FOR UNDRAWN COMMITMENT FEE SHALL BE: Greater than or equal to A-/A3 0.09% RATINGS (S&P/▇▇▇▇▇’▇) APPLICABLE RATE FOR UNDRAWN COMMITMENT FEE SHALL BE: BBB+/Baa1 0.11 % BBB/Baa2 0.125 % BBB-/Baa3 0.175 % Less than BBB-/Baa3 0.225 %

Undrawn Commitment Fee. The Borrower shall pay to the Administrative Agent for the ratable account of the Lenders in accordance with their Applicable Percentage, an undrawn commitment fee at the rate per annum equal to the Applicable Margin Marginapplicable rate shown opposite Rating’s below on the actual daily Commitments of such Lender then outstanding. Such fee shall accrue from and including the later of (i) the date that is 90 days following the date of the Bridge Commitment Letter and (ii) the Effective Date, to but excluding the earlier of (x) termination or expiration of the Commitments and (y) the Closing Date (such earlier date, the “Fee Payment Date”). Such fee shall be due and payable on the Fee Payment Date and shall be calculated based on the number of days (if any) elapsed in a 360-day year. RATINGS 12 #92469623v14 12 Ratings (S&P/▇▇▇▇▇’▇) APPLICABLE RATE FOR UNDRAWN COMMITMENT FEE SHALL BE: Greater than or equal to A-/A3 0.09% RATINGS (S&P/▇▇▇▇▇’▇) APPLICABLE RATE FOR UNDRAWN COMMITMENT FEE SHALL BE: BBB+/Baa1 0.11 0.11% BBB/Baa2 0.125 0.125% BBB-/Baa3 0.175 0.175% Less than BBB-/Baa3 0.225 0.225%