Line of Credit Fee. Upon the last Business Day of each month, commencing with the month of July, 2000, the Borrower shall pay to the Agent the Line of Credit Fee, which shall be calculated based on a 360-day year.
Line of Credit Fee. On the first day of each month, commencing on April 1, 2002, the Companies shall pay to the Agent the Line of Credit Fee and, if applicable, interest at the rate set forth in Section 8.1 on the Collection Days for the immediately preceding month.
Line of Credit Fee. Borrower shall pay to CIT each month, on the first day of the month and on the Termination Date, commencing on earlier of (i) September 1, 2001, or (ii) the first day of the month next following the date on which a new Letter of Credit is issued securing Borrower's obligations under the IDB Documents or an LC Guaranty is issued in favor of Bank of America, N.A. in connection with the IDB Standby LC, a fee equal to .375% per annum of the amount by which the Average Monthly Loan Balance for the immediately preceding month is less than the maximum dollar amount of the Revolving Line of Credit in effect at any date of determination.
Line of Credit Fee. On the first day of each month, commencing on November 1, 2005, the Company agrees to pay to the Agent, for the ratable benefit of the Lenders, the Line of Credit Fee for the preceding month.
Line of Credit Fee. Contemporaneously with CUSO's execution and delivery of this Agreement, CUSO shall pay Members United a one time, non-refundable line of credit commitment fee of 5 basis points ($5,000.00 Five Thousand and No/00 Dollars).
Line of Credit Fee shall: (a) mean the fee due CIT at the end of each month for the Line of Credit, and (b) be determined by multiplying the difference between (i) the Revolving Line of Credit and (ii) the sum, for said month, of (x) the average daily balance of Revolving Loans plus the average daily balance of Letters of Credit outstanding for said month, by two tenths of one percent (0.20%) per annum for the number of days in said month. Loan Documents shall mean this Financing Agreement, the Promissory Note, the other closing documents and any other ancillary loan and security agreements executed from time to time in connection with this Financing Agreement, all as may be renewed, amended, extended, increased or supplemented from time to time.
Line of Credit Fee. In consideration for providing the Line of Credit under this Agreement, the Borrower shall pay to the Lender a fee in an amount equal to the lesser of (a) $150,000, and (b) the product of (i) sixty percent (60%) of the amount of the Transferred Accounts Receivable multiplied by (ii) 0.036. Such fee shall be paid in the manner set forth in Section 2.3.
Line of Credit Fee. Upon each Monthly Date, commencing with the month in which the First Closing Date occurs, the Borrower shall pay the Lender the Line of Credit Fee.
Line of Credit Fee. As additional compensation for Revolving Lender, Borrowers shall pay to Agent, jointly and severally, for Revolving Lender, in arrears, on the first Business Day of each month prior to the Commitment Termination Date and on the Commitment Termination Date, a fee for Borrowers’ non-use of available funds in an amount equal to one-half of one percent (0.50%) per annum (calculated on the basis of a 360- day year for actual days elapsed) multiplied by the difference between (i) the Maximum Amount (as it may be reduced from time to time) and (ii) the average for the period of the daily closing balances of the Revolving Loan (including, without duplication, Letter of Credit Obligations) outstanding during the period for which such Fee is due. (b) Collateral Management Fee. Borrowers agree, jointly and severally, to pay to Agent, for its own account, $50,000 on the Closing Date. (c)
Line of Credit Fee. The Borrower shall pay to the Lender on the first Business Day of January, April, July and October of each year during the Revolving Credit Period, and on the last day of the Revolving Credit Period, in arrears, commencing on the first such date following the Effective Date, a fee respecting the availability of the Line of Credit (the "Line of Credit Fee") equal to two percent (2.00%) per annum (computed on the basis of the actual number of days elapsed and a year of 360 days) of the average daily unadvanced portion of the Line of Credit during the then most recently concluded calendar quarter or portion thereof (with the Letter of Credit Amount being considered an advance under the Line of Credit).
