FACILITY USAGE FEE Sample Clauses

FACILITY USAGE FEE consent of the other. (Act of Residential Leases, 481/1995)
Sample 1Sample 2Sample 3
AutoNDA by SimpleDocs
FACILITY USAGE FEE. In addition to the rent, and as set and confirmed by the Lessor’s Board of Directors, the Tenant agrees to pay any usage and amenities fees not included in the rent. Electricity is included in the facility usage fee. Tenants can also rent separately; a car parking place, a car parking place within a parking hall or a garage.
Sample 1Sample 2
FACILITY USAGE FEE. (i) For the ratable benefit of the Lenders with a Revolving Credit Commitment or a Term Loan A Sub- Commitment, a fee, due and payable in arrears on the first day of each month for so long as any Obligations are outstanding, equal to 0.50% times an amount equal to the sum of: (A) the Revolver Usage plus (B) the Term Loan A Amount, in each case, as of the last day of the immediately preceding month, such fee to be paid-in-kind by being added to the Term Loan A Amount. (ii) For the ratable benefit of the Lenders with a Term Loan B Commitment, a fee, due and payable in arrears on the first day of each month for so long as any Obligations are outstanding, equal to 0.50% times an amount equal to the Term Loan B Amount as of the last day of the immediately preceding month, such fee to be paid-in-kind by being added to the Term Loan B Amount. (iii) For the ratable benefit of the Lenders with a Term Loan C Commitment, a fee, due and payable in arrears on the first day of each month for so long as any Obligations are outstanding, equal to 0.50% times an amount equal to the Term Loan C Amount as of the last day of the immediately preceding month, such fee to be paid-in-kind by being added to the Term Loan C Amount.
Sample 1
FACILITY USAGE FEE. During the Recovery Period, CLIENT will also pay the hourly Facility Usage Fee described in Attachment 1.
Sample 1
FACILITY USAGE FEE. During the Preparatory Period for Conversion, if Hongshan College uses the campus of Nanjing University of Finance & Economics, Xinhua Group shall pay to Nanjing University of Finance & Economics a sum of RMB9,000,000 (equivalent to approximately HK$10,487,920) per annum per each grade of students, being the fee for using the facilities of Hongshan College at the campus of Nanjing University of Finance & Economics, including but not limited to classrooms, laboratories, library and office buildings, to be calculated based on the grade of students actually used such campus. Such facility usage fee shall be paid by Xinhua Group to Nanjing University of Finance & Economics before 30 September of each school year until Hongshan College no longer uses the campus of Nanjing University of Finance & Economics. During the Preparatory Period for Conversion, Xinhua Group shall be responsible for all the expenses and risk in relation to the joint operation of Hongshan College. Xinhua Group shall also be responsible for establishing a new campus for operating Hongshan College, setting up teaching facilities, building management team, etc..
Sample 1
FACILITY USAGE FEE. During the Preparatory Period for Conversion, if Tianping College uses the campus of Suzhou University of Science and Technology, the School Sponsor shall pay to Suzhou University of Science and Technology 30% of the total tuition and boarding fees per annum for each grade of students using the campus of Suzhou University of Science and Technology, being the fee for using the facilities of Suzhou University of Science and Technology, including but not limited to classrooms, laboratories, library, office buildings, internet services and school facilities. Such facility usage fee shall be paid by the School Sponsor to Suzhou University of Science and Technology before 30 September of each school year until Tianping College no longer uses the campus of Suzhou University of Science and Technology. During the Preparatory Period for Conversion, the School Sponsor shall be responsible for all the expenses and risk in relation to the joint operation of Tianping College. The School Sponsor shall also be responsible for, among others, establishing a new campus for operating Tianping College, setting up teaching facilities, building management team, and shall no longer include in its name “Suzhou University of Science and Technology” or other university names registered by Suzhou University of Science and Technology by the end of the Preparatory Period for Conversion.
Sample 1

Related to FACILITY USAGE FEE

  • Unused Revolving Line Facility Fee A fee (the “Unused Revolving Line Facility Fee”), payable quarterly, in arrears, on a calendar year basis, in an amount equal to one quarter of one percent (0.25%) per annum of the average unused portion of the Revolving Line, as determined by Bank. 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; and

  • Maximum Credit Patheon's liability for Active Materials calculated in accordance with this Section 2.2 for any Product in a Year will not exceed, in the aggregate, the Maximum Credit Value set forth in Schedule D to a Product Agreement.

  • Facility Fee The Company shall pay to the Administrative Agent for the account of each Lender in accordance with its Applicable Percentage, a facility fee, in Dollars, equal to the Applicable Rate for facility fees times the actual daily amount of the Aggregate Commitments (or, if the Aggregate Commitments have terminated, on the Outstanding Amount of all Committed Loans, Swing Line Loans and L/C Obligations), regardless of usage, subject to adjustment as provided in Section 2.18. The facility fee shall accrue at all times during the Availability Period (and thereafter so long as any Committed Loans, Swing Line Loans or L/C Obligations remain outstanding), including at any time during which one or more of the conditions in Article IV are not met, and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the Closing Date, and on the last day of the Availability Period (and, if applicable, thereafter on demand). The facility fee shall be calculated quarterly in arrears, and if there is any change in the Applicable Rate for facility fees during any quarter, the actual daily amount shall be computed and multiplied by the Applicable Rate for facility fees separately for each period during such quarter that such Applicable Rate for facility fees was in effect.

  • Unused Line Fee On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.375% per annum times the result of (i) the Maximum Revolver Amount, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

  • Undrawn Availability After giving effect to the initial Advances hereunder, Borrowers shall have Undrawn Availability of at least $10,000,000;

  • Unused Facility Fee A quarterly Unused Facility Fee equal to one quarter of one percent (0.25%) per annum of the difference between the Revolving Line and the average outstanding principal balance of Advances during the applicable quarter, which fee shall be payable within five (5) days of the last day of each such quarter and shall be nonrefundable; and

  • Commitment Fees, etc (a) The Borrower agrees to pay to the Administrative Agent for the account of each Revolving Lender a commitment fee for the period from and including the date hereof to the last day of the Revolving Commitment Period, computed at the Commitment Fee Rate on the average daily amount of the Available Revolving Commitment of such Lender during the period for which payment is made, payable quarterly in arrears on each Fee Payment Date, commencing on the first such date to occur after the date hereof. (b) The Borrower agrees to pay to the Administrative Agent the fees in the amounts and on the dates as set forth in any fee agreements with the Administrative Agent and to perform any other obligations contained therein.

  • Commitment Fee The Borrowers agree to pay to the Administrative Agent for the account of any Revolving Credit Lender under each Class of Revolving Credit Commitments in accordance with its Pro Rata Share or other applicable share provided for under this Agreement, a commitment fee equal to the product of the Applicable Rate with respect to unused Revolving Credit Commitment fees for such Class and the actual daily amount by which the aggregate Revolving Credit Commitment for the applicable Class of Revolving Credit Commitments exceeds the sum of (A) the Outstanding Amount of Revolving Credit Loans for such Class of Revolving Credit Commitments and (B) the Outstanding Amount of L/C Obligations for such Class of Revolving Credit Commitments; provided that any commitment fee accrued with respect to any of the Revolving Credit Commitments of a Defaulting Lender during the period prior to the time such Lender became a Defaulting Lender and unpaid at such time shall not be payable by the Borrowers so long as such Lender shall be a Defaulting Lender except to the extent that such commitment fee shall otherwise have been due and payable by the Borrowers prior to such time; provided, further, that no commitment fee shall accrue on any of the Commitments of a Defaulting Lender so long as such Lender shall be a Defaulting Lender. The commitment fee on each Class of Revolving Credit Commitments (unless otherwise specified in the relevant Additional Facility Joinder Agreement, Extension Amendment or Refinancing Amendment) shall accrue at all times starting from the first day of the Revolving Credit Availability Period for such Class until the earlier of (x) the last day of the Revolving Credit Availability Period for such Class of Revolving Credit Commitments, and (y) the date of the termination of the Revolving Credit Commitments of such Class, including at any time during which one or more of the conditions in Article IV is not met, and shall be due and payable (i) quarterly in arrears on the last Business Day of each of March, June, September and December, commencing with the first such date during the first full fiscal quarter to occur after the first day of the Revolving Credit Availability Period for such Class of Revolving Credit Commitments and (ii) on the earlier of (x) the Maturity Date for such Class of Revolving Credit Commitments and (y) the date of the termination of the Revolving Credit Commitments of such Class. The commitment fee shall be calculated quarterly in arrears, and if there is any change in the Applicable Rate during any quarter, the actual daily amount shall be computed and multiplied by the Applicable Rate separately for each period during such quarter that such Applicable Rate was in effect.

  • Revolving Credit Commitment Fee The Borrowers shall pay to the Administrative Agent for the ratable account of the Lenders in accordance with their Revolver Percentages a commitment fee at the rate per annum equal to the Applicable Margin (computed on the basis of a year of 360 days and the actual number of days elapsed) on the average daily Unused Revolving Credit Commitments. Such commitment fee shall be payable quarter-annually in arrears on the last day of each March, June, September, and December in each year (commencing on the first such date occurring after the date hereof) and on the Revolving Credit Termination Date, unless the Revolving Credit Commitments are terminated in whole on an earlier date, in which event the commitment fee for the period to the date of such termination in whole shall be paid on the date of such termination.

  • Availability of Lender's Pro Rata Share Agent may assume that each Revolving Lender will make its Pro Rata Share of each Revolving Credit Advance available to Agent on each funding date. If such Pro Rata Share is not, in fact, paid to Agent by such Revolving Lender when due, Agent will be entitled to recover such amount on demand from such Revolving Lender without setoff, counterclaim or deduction of any kind. If any Revolving Lender fails to pay the amount of its Pro Rata Share forthwith upon Agent’s demand, Agent shall promptly notify Borrower Representative and Borrowers shall immediately repay such amount to Agent. Nothing in this Section 9.9(b) or elsewhere in this Agreement or the other Loan Documents shall be deemed to require Agent to advance funds on behalf of any Revolving Lender or to relieve any Revolving Lender from its obligation to fulfill its Commitments hereunder or to prejudice any rights that Borrowers may have against any Revolving Lender as a result of any default by such Revolving Lender hereunder. To the extent that Agent advances funds to any Borrower on behalf of any Revolving Lender and is not reimbursed therefor on the same Business Day as such Advance is made, Agent shall be entitled to retain for its account all interest accrued on such Advance until reimbursed by the applicable Revolving Lender.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!