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 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. Greystone Business Credit II LLC Loan and Security Agreement
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."
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. 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. The minimum borrowing fee shall be calculated by Lender and , in Lender's discretion, may be charged to the Loan Account as set forth in Section 2.4 hereof.
MINIMUM BORROWING FEE. In any month during the term of the Contract Period for which the average outstanding principal balance under the Line is less than Two Million Dollars ($2,000,000.00), Borrowers shall pay to Bank a fee as calculated by Bank equal to the difference between the interest which (a) -6-
MINIMUM BORROWING FEE. Not applicable.
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.
