Upfront Fee. On the Closing Date the Borrower shall pay to the Administrative Agent for the account of each Lender in accordance with its Applicable Percentage, an upfront fee equal to 0.10% of the Aggregate Commitments.
Appears in 3 contracts
Sources: Credit Agreement (Tortoise Midstream Energy Fund, Inc.), Credit Agreement (Tortoise Energy Infrastructure Corp), Credit Agreement (Tortoise MLP Fund, Inc.)
Upfront Fee. On the Closing Date Date, the Borrower shall pay to the Administrative Agent for the account of each Lender in accordance with its Applicable Percentage, an upfront fee equal to 0.10% of the Aggregate Commitments.
Appears in 2 contracts
Sources: Credit Agreement (Tortoise Pipeline & Energy Fund, Inc.), Credit Agreement (Tortoise Pipeline & Energy Fund, Inc.)
Upfront Fee. On the Closing Date Date, the Borrower shall pay to the Administrative Agent for the account of each Lender in accordance with its Applicable Revolving Percentage, an upfront a fully earned, non-fundable facility fee equal to 0.10% times the aggregate Commitments of the Aggregate Commitments.all Lenders
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Upfront Fee. On the Closing Date the The Borrower shall pay to the Administrative Agent on the Closing Date, for the account of each Lender in accordance with its Applicable PercentageLender, an upfront fee in an amount equal to 0.10% twenty five (25) basis points on the aggregate Commitment of the Aggregate Commitmentssuch Lender.
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Upfront Fee. On the Closing Date the Date, Borrower shall pay to the Administrative Agent (for the account of each Lender in accordance with according to its Applicable Percentage, respective Proportionate Share) an upfront fee (the "Upfront Fee") equal to 0.101.00% on the aggregate amount of the Aggregate Commitmentsinitial Total Loan Commitment. Borrower shall, at its option and subject to the terms and conditions hereof, be reimbursed for such payment out of Borrowings.
Appears in 1 contract
Sources: Financing Agreement (Central Vermont Public Service Corp)
Upfront Fee. On At the Closing Date Date, the Borrower shall pay to the Administrative Agent for the account of each Lender in accordance with its Applicable Percentage, an upfront fee equal to 0.100.15% of the Aggregate Commitments.
Appears in 1 contract
Sources: Credit Agreement (Northwest Pipe Co)
Upfront Fee. On the Closing Date the Borrower The Borrowers shall pay to the Administrative Agent for the account of each Lender in accordance with its Applicable Percentage, an upfront fee equal to 0.10.50% of such Lender’s Commitment, which shall be due and payable on the Aggregate CommitmentsClosing Date.
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Upfront Fee. On the Closing Date Date, the Borrower shall pay to the Administrative Agent for a fee calculated on the account amount of each Lender the Total Commitment at a rate of 40 bps (the “Upfront Fee”), which Upfront Fee shall be paid to the Lenders in accordance with its Applicable Percentage, an upfront fee equal to 0.10% of the Aggregate Commitmentstheir Rateable Portions.
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Upfront Fee. On the Closing Date the The Borrower shall pay to the Administrative Agent on the Closing Date, for the ratable account of each Lender in accordance with its Applicable PercentageLender, an upfront fee equal to 0.101.00% of the Aggregate Commitments.
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