Common use of Non-Usage Fees Clause in Contracts

Non-Usage Fees. The Borrower shall pay the Bank a non-usage fee at the rate of 0.50% per annum on the average daily unused amount of the Commitment Amount from January 1, 2001 to and including the Commitment Termination Date, payable monthly on the last day of each calendar month. Any non-usage fee remaining unpaid on the Commitment Termination Date shall be due and payable on that date."

Appears in 1 contract

Samples: Credit Agreement (Young America Holdings Inc)

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Non-Usage Fees. The Borrower shall pay the Bank a non-usage fee at the rate of 0.500.375% per annum on the average daily unused amount of the Commitment Amount from January 1, 2001 the date hereof to and including the Commitment Termination Date, payable monthly quarterly on the last day of each calendar monthquarter. Any non-usage fee remaining unpaid on the Commitment Termination Date shall be due and payable on that date."

Appears in 1 contract

Samples: Credit Agreement (Young America Holdings Inc)

Non-Usage Fees. The Borrower shall pay the Bank a non-usage fee at the rate of 0.500.125% per annum on the average daily unused amount of the Commitment Facility Amount from January 1, 2001 the Closing Date to and including the Commitment Termination Maturity Date, payable monthly quarterly on the last day of each calendar monthquarter, commencing on September 30, 2003. Any non-usage fee remaining unpaid on the Commitment Termination Maturity Date shall be due and payable on that date."

Appears in 1 contract

Samples: Credit Agreement (Health Fitness Corp /Mn/)

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Non-Usage Fees. The Borrower shall pay the Bank a non-usage fee at the rate of 0.500.375% per annum on the average daily unused amount of the Commitment Facility Amount from January 1, 2001 the Closing Date to and including the Commitment Termination Maturity Date, payable monthly quarterly on the last day of each calendar monthquarter, commencing on June 30, 2009. Any non-usage fee remaining unpaid on the Commitment Termination Maturity Date shall be due and payable on that date."”

Appears in 1 contract

Samples: Credit Agreement (Health Fitness Corp /MN/)

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