Unused Revolving Line Facility Fee definition

Unused Revolving Line Facility Fee is defined in Section 2.4(c). [Signature page follows.]

Unused Revolving Line Facility Fee is defined in Section 2.4(d).

Unused Revolving Line Facility Fee is defined in Section 2.4(d). [Signature page follows.]

Examples of Unused Revolving Line Facility Fee in a sentence

• Borrower shall not be entitled to any credit, rebate or repayment of any Unused Revolving Line Facility Fee previously earned by Bank pursuant to this Section notwithstanding any termination of the Agreement or the suspension or termination of Bank’s obligation to make loans and advances hereunder.

• Such Unused Revolving Line Facility Fee shall be calculated on a per annum basis of the average unused portion of the Revolving Line, as determined by Bank, and shall be payable monthly, as described above, in arrears on the last day of each calendar month occurring prior to the Revolving Line Maturity Date, and on the Revolving Line Maturity Date.

• A fee (the "Unused Revolving Line Facility Fee"), which fee shall be paid quarterly, in arrears, on a calendar year basis, in an amount equal to 0.50% per annum of the average unused portion of the Revolving Line, as determined by Bank.

• The amount of the Unused Revolving Line Facility Fee to be shared between the Revolving Line Lenders pursuant to their respective Applicable Commitment Percentage.

• Borrower shall not be entitled to any credit, rebate or repayment of any Unused Revolving Line Facility Fee previously earned by Bank pursuant to this section notwithstanding any termination of the within agreement, or suspension or termination of Bank’s obligation to make loans and advances hereunder.

More Definitions of Unused Revolving Line Facility Fee

Unused Revolving Line Facility Fee is defined in Section 2.6(c) hereof.

Unused Revolving Line Facility Fee is defined in Section 2.3(c).

Unused Revolving Line Facility Fee is defined in Section 1.5(c).

Unused Revolving Line Facility Fee is defined in Section 2.5(b). [Balance of Page Intentionally Left Blank]

Unused Revolving Line Facility Fee is defined in Section 2.5(b). UNDER OREGON LAW, MOST AGREEMENTS, PROMISES AND COMMITMENTS MADE BY BANK CONCERNING LOANS AND OTHER CREDIT EXTENSIONS WHICH ARE NOT FOR PERSONAL FAMILY OR HOUSEHOLD PURPOSES OR SECURED SOLELY BY THE BORROWER’S RESIDENCE MUST BE IN WRITING, EXPRESS CONSIDERATION AND BE SIGNED BY BANK TO BE ENFORCEABLE. [Signature page follows.]

Unused Revolving Line Facility Fee is defined in Section 2.5(d).” 6 The Loan Agreement shall be amended by deleting the following definitions appearing in Section 13.1 thereof:

Unused Revolving Line Facility Fee is a fee in an amount equal to three-tenths of one percent (0.30%) per annum of the average unused portion of the Revolving Line, as determined by Bank, computed on the basis of a year with the applicable number of days as set forth in Section 2.4(d) of this Agreement. The unused portion of the Revolving Line, for purposes of this calculation, shall be calculated on a calendar year basis and shall equal the difference between (i) the Revolving Line, and (ii) the average for the period of the daily closing balance of the Revolving Line outstanding; provided, however, if, for any quarterly period, the average for such period of the daily closing balance of Advances outstanding is at least Five Million Dollars ($5,000,000.00), the Unused Revolving Line Facility Fee for such quarterly period shall be Zero Dollars ($0.00). [Signature page follows.]