Common use of Non-Use Fee Clause in Contracts

Non-Use Fee. Borrower shall pay to Lender a non-use fee in an amount equal to 0.30% per annum of the unused portion of the Revolving Loan, calculated on the average unused daily balance of the Revolving Loan for each calendar quarter or portion thereof based on a 360 day year and actual days elapsed. The fee shall be payable quarterly, in arrears, and shall be due no later than the fifth Banking Business Day after receipt by Borrower of a statement therefor from Lender.

Non-Use Fee. Borrower shall pay to Lender a nonNon-use fee in an amount Use Fee equal to 0.30% one-half of one percent (0.50%) per annum of the unused portion of the Revolving Loanamount, calculated on if any, by which Eighteen Million Dollars ($18,000,000) has exceeded the average unused daily closing balance of the Revolving Loan for during each calendar quarter or portion thereof based partial quarter during said period. The Non-Use Fee shall be payable in arrears on the first day of each calendar quarter and shall be calculated on the basis of a 360 360-day year and for actual days elapsed. The fee shall be payable quarterly, in arrears, and shall be due no later than the fifth Banking Business Day after receipt by Borrower of a statement therefor from Lender.

Non-Use Fee. Borrower shall pay to Lender Bank a non-use fee in an amount which shall accrue at a per annum rate equal to 0.30% per annum of the unused portion of the Revolving Loan, calculated Applicable Non-Use Fee Rate on the average daily unused daily balance amount of the Revolving Loan for $10,000,000 Credit Facility commitment. This non-use fee shall be paid in arrears at the end of each calendar quarter and on the Commitment Termination Date and may be deducted by Bank without notice from the Borrowing Account or portion thereof based on a 360 day year and actual days elapsed. The fee shall be payable quarterly, in arrears, and shall be due no later than the fifth Banking Business Day after receipt by any other deposit account of Borrower of a statement therefor from Lenderwith Bank.

Non-Use Fee. Borrower shall pay to Lender a non-use fee in an amount equal to 0.300.35% per annum of the unused portion of the Revolving Loanrevolving loan, calculated on the average unused daily balance of the Revolving Loan revolving loan for each calendar quarter or portion thereof based on a 360 360-day year and actual days elapsed. The For purposes of calculating the unused portion of the revolving loan, outstanding letters of credit issued hereunder shall be considered usage of the Loan. Such fee shall be payable quarterly, in arrears, and shall be due no later than the fifth Banking Business Day after upon receipt by Borrower of a statement therefor therefore from Lenderlender.

Non-Use Fee. The Borrower shall pay to Lender the Bank a non-use fee in an amount equal to 0.30% ("Non-Use Fee") calculated at the rate of three-eighths of one percent (0.375%) per annum of on the daily average unused portion of the Revolving Loan, calculated Credit Commitment. The Non-Use Fee shall be due and payable in arrears on the average unused daily balance last day of the Revolving Loan for each calendar quarter or portion thereof based on a 360 day year and actual days elapsed. The fee shall be payable quarterly, in arrears, and shall be due no later than the fifth Banking Business Day after receipt by Borrower of a statement therefor from Lenderhereafter.