Common use of Non-Usage Fee Clause in Contracts

Non-Usage Fee. From and after the Effective Date until the Termination Date (or such later date that the Loans are repaid), the Borrower agrees to pay Lender a non-usage fee for each calendar quarter, prorated for partial quarters, in an amount equal to the Applicable Percentage multiplied by the average daily Unutilized Commitment (the “Non-Usage Fee”) multiplied by the number of days in such quarter or portion thereof and divided by 360. The Non-Usage Fee shall be payable quarterly in arrears on the last day of each calendar quarter commencing with the period ending March 31, 2003, and shall be prorated for partial calendar quarters.

Non-Usage Fee. From and after the Effective Date until the Termination Date (or such later date that the Loans are repaid), the Borrower agrees to pay Lender a non-usage fee for each calendar quarter, prorated for partial quarters, in an amount equal to the Applicable Percentage multiplied by the average daily Unutilized Commitment (the “"Non-Usage Fee”") multiplied by the number of days in such quarter or portion thereof and divided by 360. The Non-Non- Usage Fee shall be payable quarterly in arrears on the last day of each calendar quarter commencing with the period ending March 31, 20032000, and shall be prorated for partial calendar quarters.

Non-Usage Fee. From and after the Effective Date until the Termination Date (or such later date that the Loans are repaid), the Borrower agrees to pay Lender a non-usage fee for each calendar quarter, prorated for partial quarters, in an amount equal to the Applicable Percentage multiplied by the average daily Unutilized Commitment (the “"Non-Usage Fee”") multiplied by the number of days in such quarter or portion thereof and divided by 360. The Non-Usage Fee shall be payable quarterly in arrears on the last day of each calendar quarter commencing with the period ending March 31June 30, 20032001, and shall be prorated for partial calendar quarters.