Common use of Non-Usage Fee Clause in Contracts

Non-Usage Fee. The Borrower shall pay in accordance with Section 2.04, pro rata to each Lender, a non-usage fee (the “Non-Usage Fee”) payable in arrears for each Remittance Period, equal to the sum of the products for each day during such Remittance Period of (i) one divided by 360, (ii) the applicable Non-Usage Fee Rate, and (iii) the aggregate Commitments then in effect minus the Advances Outstanding on such day (such amount, the “Unused Portion”).

Non-Usage Fee. The Borrower shall pay in accordance with Section 2.04, pro rata to each Lender, a non-usage fee (the “Non-Usage Fee”) payable in arrears for each Remittance Period, equal to the sum of the products for each day during such Remittance Period of (i) one divided by 360, (ii) the applicable Non-Usage Fee Rate, and (iii) the positive difference, if any, of the aggregate Commitments then in effect minus the greater of (x) the Advances Outstanding on such day and (such amount, y) the “Unused Portion”)Minimum Utilization.

Non-Usage Fee. The Borrower shall pay in accordance with Section 2.04, pro rata to each Lender, a non-usage fee (the “Non-Usage Fee”) payable in arrears for each Remittance Period, equal to the sum of the products for each day during such AmericasActive:18709990.5 Remittance Period of (i) one divided by 360, (ii) the applicable Non-Usage Fee Rate, and (iii) the aggregate Commitments then in effect minus the Advances Outstanding on such day (such amount, the “Unused Portion”).