Common use of Canadian Commitment Commission Clause in Contracts

Canadian Commitment Commission. Each Canadian Revolving Borrower jointly and severally agrees to pay to the Administrative Agent for distribution to each Canadian Revolving Lender that is a Non-Defaulting Lender a commitment commission (the “Canadian Commitment Commission”) for the period from the Effective Date to but excluding the Revolving Loan Maturity Date (or such earlier date as the Total Canadian Revolving Loan Commitment shall have been terminated), computed at a rate per annum equal to the Applicable Commitment Commission Percentage on the daily Unutilized Canadian Revolving Loan Commitment of such Canadian Revolving Lender provided that the amount of outstanding Swingline Loans shall not be considered usage of the Canadian Revolving Loan Commitment for the purposes of calculating the Canadian Commitment Commission. Accrued Canadian Commitment Commission shall be due and payable quarterly in arrears on each Quarterly Payment Date and on the Revolving Loan Maturity Date or upon such earlier date as the Total Canadian Revolving Loan Commitment shall have been terminated. Notwithstanding the foregoing, the Canadian Commitment Commission in respect of any Extended Canadian Revolving Loan Commitments shall be the rate set forth in the relevant Extension Offer.

Canadian Commitment Commission. Each Canadian Revolving Borrower jointly and severally agrees to pay to the Administrative Agent for distribution to each Canadian Revolving Lender that is a Non-Defaulting Lender a commitment commission (the “Canadian Commitment Commission”) for the period from the Effective Date to but excluding the Revolving Loan Maturity Date (or such earlier date as the Total Canadian Revolving Loan Commitment shall have been terminated), computed at a rate per annum equal to the Applicable Commitment Commission Percentage on the daily Unutilized Canadian Revolving Loan Commitment of such Canadian Revolving Lender provided that the amount of outstanding Swingline Loans shall not be considered usage of the Canadian Revolving Loan Commitment for the purposes of calculating the Canadian Commitment Commission. Accrued Canadian Commitment Commission shall be due and payable quarterly in arrears on each Quarterly Payment Date and on the Revolving Loan Maturity Date or upon such earlier date as the Total Canadian Revolving Loan Commitment shall have been terminated. Notwithstanding the foregoing, the Canadian Commitment Commission in respect of any Extended Canadian Revolving Loan Commitments shall be the rate set forth in the relevant Extension OfferOffer[Reserved].