Common use of Commitment Fee; Reductions in Aggregate Revolving Credit Commitment Clause in Contracts

Commitment Fee; Reductions in Aggregate Revolving Credit Commitment. (a) The Borrower agrees to pay to the Agent for the account of each Lender with respect to its Revolving Credit Commitment a commitment fee at a per annum rate equal to the Applicable Commitment Fee Rate on the daily unused portion of such Lender's Revolving Credit Commitment from the Closing Date to and including the Revolving Credit Termination Date, payable on each Payment Date hereafter and on the Revolving Credit Termination Date. All accrued commitment fees shall be payable on the effective date of any termination of the obligations of the Lenders to make Revolving Credit Loans hereunder. (b) The Borrower may permanently reduce the Aggregate Revolving Credit Commitment in whole, or in part ratably among the Lenders in integral multiples of $5,000,000 upon at least five (5) Business Days' written notice to the Agent, which notice shall specify the amount of any such reduction; provided, however, that the amount of the Aggregate Revolving Credit Commitment may not be reduced below the aggregate principal amount of the outstanding Revolving Credit Advances. Reductions of the Aggregate Revolving Credit Commitment shall reduce dollar for dollar the mandatory reduction of the Aggregate Revolving Credit Commitment pursuant to Section 2.7(a) in order of maturity.

Commitment Fee; Reductions in Aggregate Revolving Credit Commitment. (a) The Borrower agrees to pay to the Agent for the account of each Lender with respect to a commitment fee on its Revolving Credit Commitment a commitment fee less its Revolving Credit Loans at a per annum rate equal to the Applicable Commitment Fee Rate on the daily unused portion of such Lender's Revolving Credit Commitment from the Closing Date to and including the Revolving Credit Termination Date, payable on each Payment Date hereafter and on the Revolving Credit Termination Date. All such accrued commitment fees shall be payable on the effective date of any termination of the obligations of the Lenders to make Revolving Credit Loans hereunder. (b) The Borrower may permanently reduce the Aggregate Revolving Credit Commitment in whole, or in part ratably among the Lenders in integral multiples of $5,000,000 upon at least five (5) Business Days' ’ written notice to the Agent, which notice shall specify the amount of any such reduction; provided, however, that the amount of the Aggregate Revolving Credit Commitment may not be reduced below the aggregate principal amount of the outstanding Revolving Credit Advances. Reductions of the Aggregate Revolving Credit Commitment shall reduce dollar for dollar the mandatory reduction of the Aggregate Revolving Credit Commitment pursuant to Section 2.7(a) in order of maturityLoans.

Commitment Fee; Reductions in Aggregate Revolving Credit Commitment. (a) The Borrower agrees to pay to the Agent for the account of each Lender with respect to a commitment fee on its Revolving Credit Commitment a commitment fee less its Revolving Credit Loans at a per annum rate equal to the Applicable Commitment Fee Rate on the daily unused portion of such Lender's Revolving Credit Commitment from the Closing Date to and including the Revolving Credit Termination Date, payable on each Payment Date hereafter and on the Revolving Credit Termination DateDate or, if later, upon receipt of a xxxx from the Agent. All such accrued commitment fees shall be payable on the effective date of any termination of the obligations of the Lenders to make Revolving Credit Loans hereunderhereunder or, if later, upon receipt of a xxxx from the Agent. Accrued and unpaid commitment fees under the Existing Agreement shall be paid on the Closing Date. (b) The Borrower may permanently reduce the Aggregate Revolving Credit Commitment in whole, or in part ratably among the Lenders in integral multiples of $5,000,000 upon at least five (5) Business Days' ’ written notice to the Agent, which notice shall specify the amount of any such reduction; provided, however, that the amount of the Aggregate Revolving Credit Commitment may not be reduced below the aggregate principal amount of the outstanding Revolving Credit Advances. Reductions of the Aggregate Revolving Credit Commitment shall reduce dollar for dollar the mandatory reduction of the Aggregate Revolving Credit Commitment pursuant to Section 2.7(a) in order of maturityLoans.

Commitment Fee; Reductions in Aggregate Revolving Credit Commitment. (a) The Each Borrower agrees agrees, on a joint and several basis, to pay to the Agent for the account of each Lender with respect to its Revolving Credit Commitment a commitment fee (the “Commitment Fee”) at a per annum rate equal to the Applicable Commitment Fee Rate on the daily unused portion of such Lender's ’s Revolving Credit Commitment from the Closing Date date hereof to and including the Revolving Credit Facility Termination Date, payable on each Payment Date hereafter and on the Facility Termination Date. Swing Line Loans shall not count as usage of any Lender’s Commitment for the purpose of calculating the commitment fee due hereunder. The Borrowers may permanently reduce the Aggregate Revolving Credit Termination DateCommitment in whole, or in part ratably among the Lenders in integral multiples of $100,000, upon at least one Business Day’s written notice to the Agent by the Borrower Representative, which notice shall specify the amount of any such reduction; provided, that the amount of the Aggregate Revolving Credit Commitment may not be reduced below the Aggregate Outstanding Credit Exposure at any time. All accrued commitment fees shall be payable on the effective date of any termination of the obligations of the Lenders to make Revolving Credit Loans hereunder. (b) The Borrower may permanently reduce the Aggregate Revolving Credit Commitment in whole, or in part ratably among the Lenders in integral multiples of $5,000,000 upon at least five (5) Business Days' written notice to the Agent, which notice shall specify the amount of any such reduction; provided, however, that the amount of the Aggregate Revolving Credit Commitment may not be reduced below the aggregate principal amount of the outstanding Revolving Credit Advances. Reductions of the Aggregate Revolving Credit Commitment shall reduce dollar for dollar the mandatory reduction of the Aggregate Revolving Credit Commitment pursuant to Section 2.7(a) in order of maturity.

Commitment Fee; Reductions in Aggregate Revolving Credit Commitment. (ai) The Borrower agrees to pay to the Administrative Agent for the account of each Revolving Lender with respect to its Revolving Credit Commitment a commitment fee (other than any Revolving Lender that is a Defaulting Lender), which shall accrue at a per annum rate equal to the Applicable Commitment Fee Rate calculated per annum on the daily unused portion amount of such Lender's the difference between the Revolving Credit Commitment of such Lender and the Outstanding Revolving Credit Exposure (excluding Swing Line Exposure) of such Lender during the period from and including the Closing Date to and including but excluding the date on which such Revolving Credit Termination Date, payable on each Payment Date hereafter and on the Revolving Credit Termination DateCommitment terminates. All accrued Accrued commitment fees shall be payable in arrears on the effective last Business Day of March, June, September and December of each year and on the date of any termination of on which the obligations of the Lenders to make Revolving Credit Loans hereunderCommitments terminate, commencing on the first such date to occur after the Closing Date. 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). (b) The Borrower may permanently reduce the Aggregate Revolving Credit Commitment in whole, or in part ratably among the Revolving Lenders in minimum amounts of $5,000,000 and integral multiples of $5,000,000 1,000,000 in excess thereof, upon at least five (5) Business Days' written notice to the Agent, which notice shall specify the amount of any such reduction; provided, however, that the amount of the Aggregate Revolving Credit Commitment may not be reduced below the aggregate principal amount of the outstanding Revolving Credit Advances. Reductions of the Aggregate Revolving Credit Commitment shall reduce dollar for dollar the mandatory reduction of the Aggregate Revolving Credit Commitment pursuant to Section 2.7(a) in order of maturity.Administrative Agent no later than by

Commitment Fee; Reductions in Aggregate Revolving Credit Commitment. (a) The Borrower agrees to pay to the Agent for the account of each Lender with respect to a commitment fee on its Revolving Credit Commitment a commitment fee less the sum of (i) its Revolving Credit Loans plus (ii) its pro-rata share of the Letter of Credit Obligations at a per annum rate equal to the Applicable Commitment Fee Rate on the daily unused portion of such Lender's Revolving Credit Commitment from the Closing Date to and including the Revolving Credit Termination Date, payable on each Payment Date hereafter and on the Revolving Credit Termination Date. All accrued commitment fees shall be payable on the effective date of any termination of the obligations of the Lenders to make Revolving Credit Loans hereunder. (b) The Borrower may permanently reduce the Aggregate Revolving Credit Commitment in whole, or in part ratably among the Lenders in integral multiples of $5,000,000 upon at least five (5) Business Days' ’ written notice to the Agent, which notice shall specify the amount of any such reduction; provided, however, that the amount of the Aggregate Revolving Credit Commitment may not be reduced below the aggregate principal amount of the outstanding Revolving Credit Advances. Reductions Loans plus the outstanding Letter of Credit Obligations and provided further that the Aggregate Revolving Credit Commitment shall reduce dollar for dollar at all times equal the mandatory reduction Letter of Credit Commitment.” (l) Section 2.5 of the Aggregate Revolving Credit Commitment pursuant Agreement is hereby deleted and intentionally left blank. (m) The heading to Section 2.7(a) in order of maturity2.7 is hereby changed to Mandatory Prepayments.