MINIMUM BORROWING FEE. A minimum borrowing fee equal to the excess, if any, of (i) interest which would have been payable in respect of each period set forth in Section 6(e)(i) of Schedule A if, at all times during such period, the principal balance of the Loans was equal to the Minimum Loan Amount over (ii) the actual interest payable in respect of such period, which fee shall be fully earned as of the last day of such period and payable on the date set forth in Section 6(e)(ii) of Schedule A and on the Maturity Date, commencing with the immediately following period.
MINIMUM BORROWING FEE. A minimum borrowing fee for Borrower and the Other Borrower, in the aggregate, equal to the excess, if any, of (i) interest which would have been payable in respect of each period set forth in Section 6(e)(i) of Schedule A if, at all times during such period, the principal balance of the Loans to Borrower and the Other Borrower, in the aggregate, was equal to the Minimum Loan Amount over (ii) the actual interest payable in respect of such period, payable by Borrower and the Other Borrower, which fee shall be fully earned as of the last day of such period and payable on the date set forth in Section 6(e)(ii) of Schedule A and on the Maturity Date, subject to the terms of Section 6(e) of Schedule A.
MINIMUM BORROWING FEE. A minimum borrowing fee (the “Minimum Borrowing Fee”) equal to the excess, if any, of (i) interest which would have been payable in respect of any applicable interest period it at all times during such period, the principal balance of the Loans were equal to the Minimum Loan Amount over (ii) the actual interest payable in respect of such period, which fee shall be fully earned as of the last day of such period and payable on the date set forth in Section 2.4 with respect to such period and on the Maturity Date.
MINIMUM BORROWING FEE. A minimum borrowing fee (the "Minimum Borrowing Fee") equal to the excess, if any, of (i) interest which would have been payable in respect of each period set forth in Section 6(e)(i) of Schedule A if, at all times during such period, the principal balance of the Loans were equal to the Minimum Loan Amount set forth in Section 6(e)(ii) over (ii) the actual interest payable in respect of such period, which fee shall be fully earned as of the last day of such period and payable on the date set forth in Section 6(e)(iii) of Schedule A and on the Maturity Date, commencing with the immediately following period.
MINIMUM BORROWING FEE. In the event the Borrower’s average outstanding balance under Facility A and Facility B in any quarter is less than $12,500,000 in the aggregate, then the Borrower shall pay to the Bank a fee in an amount equal to the difference between the amount of interest that would have been paid if $12,500,000 had been the outstanding balance under Facility A and Facility B in the aggregate and that amount of interest that was actually paid during the quarter. The Borrower shall pay such Minimum Borrowing Fee quarterly.
MINIMUM BORROWING FEE. Beginning on November 7, 2018, a minimum borrowing fee (the “Minimum Borrowing Fee”) equal to the excess, if any, of (i) interest which would have been payable in respect of each month if, at all times during such month, the principal balance of the Revolving Loans was equal to $2,000,000 over (ii) the actual interest payable in respect of such month on the Revolving Loans, which each such fee shall be deemed to be fully earned as of the last day of each such month and payable on the first day of the first month following the end of such period until the Termination Date.
MINIMUM BORROWING FEE. Borrower shall pay Lender the Minimum Borrowing Fee set forth in Section 10.4(d) hereof.
MINIMUM BORROWING FEE. No Minimum Borrowing Fee shall be payable under this Agreement.
MINIMUM BORROWING FEE. Not applicable.
MINIMUM BORROWING FEE. A minimum borrowing fee equal to the excess, if any, of (i) interest which would have been payable in respect of each period set forth in Section 6(e) of Schedule A if, at all times during such period, the principal balance of the Loans was equal to the lesser of (a) the Minimum Loan Amount and (b) the sum of the maximum amount of Availability plus the maximum amount of Availability under the Aero Management Loan Agreement over (ii) the sum of the actual interest payable in respect of such period plus the actual interest payable under the Aero Management Loan Agreement in respect of such period, which fee shall be fully earned as of the first day of such period and payable on the date set forth in Section 6(e)(ii) of Schedule A and on the Maturity Date."
(b) Section 4 of Schedule A to the Loan Agreement is hereby amended and restated in its entirety as follows:
