(a) The Borrower agrees to pay to the Administrative Agent for the account of (i) each Tranche 1 Lender a commitment fee, which shall accrue at the Commitment Fee Rate on the average daily amount of the unused amount of the Tranche 1 Commitment of such Lender during the period from and including the Effective Date to but excluding the date on which such Tranche 1 Commitment terminates and (ii) each Tranche 2 Lender a commitment fee, which shall accrue at the Commitment Fee Rate on the average daily amount of the unused amount of the Tranche 2 Commitment of such Lender during the period from and including the Restatement Effective Date to but excluding the date on which such Tranche 2 Commitment terminates or converts to a Tranche 1 Commitment of such Lender pursuant to the Conversion. Accrued commitment fees shall be payable in arrears on the last day of March, June, September and December of each year and on the date on which the Commitments of the applicable Class terminate, commencing on the first such date to occur after the date hereof; provided that in the event of the Conversion of the Tranche 2 Commitments, commitment fees for the Conversion Date shall accrue only on the Converted Tranche 1 Commitments and shall not accrue on the Tranche 2 Commitments. All commitment fees shall be computed on the basis of a year of 360 days and shall be payable for the actual number of days elapsed (including the first day but excluding the last day). For the avoidance of doubt, for purposes of computing commitment fees, the Tranche 1 Commitment of a Lender shall be deemed to be used to the extent of the outstanding Tranche 1 Loans and LC Exposure of such Lender and the Tranche 2 Commitment of a Lender shall be deemed to be used to the extent of the outstanding Tranche 2 Loans of such Lender.