Common use of Annual Facility Fee Clause in Contracts

Annual Facility Fee. On the first anniversary of the date of execution hereof, a facility fee in an amount equal to one-quarter of one (.25%) percent of the Credit Limit which shall have been fully earned at the date of execution hereof, shall be due and payable, and on each anniversary of the date of execution hereof, a facility fee in an amount equal to one-quarter of one

Annual Facility Fee. On the first anniversary of the date of execution hereof, a facility fee in an amount equal to one-quarter of one percent (.251%) percent of the Credit Limit Limit, and on each subsequent anniversary a facility fee in an amount equal to three quarters of one (.75%) percent (each of which shall have been be fully earned at the date of execution hereof, shall be due and payable, and on each anniversary of the date of execution hereof), a facility fee payable in an amount two equal to one-quarter installments, the first of onewhich shall be paid on the anniversary date and the balance shall be paid each December 1st.

Annual Facility Fee. On the first anniversary of the date of execution hereof, a facility fee in an amount equal to one-quarter three quarters of one (.25.75%) percent of the Credit Limit which shall have been fully earned at the date of execution hereof, shall be due and payable, and on each anniversary of the date of execution hereof, a facility fee in an amount equal to one-quarter three quarters of one