Non-Use Fee. The Company agrees to pay to the Agent for the account of each Bank a non-use fee, for the period from the Effective Date to the Termination Date, equal to 0.0375% of such Bank's Pro Rata Share (as adjusted from time to time) of the unused amount of the Revolving Commitment Amount on each day. For purposes of calculating usage under this Section, the Revolving Commitment Amount shall be deemed used to the extent of the aggregate principal amount of all outstanding Revolving Loans plus the Stated Amount of all Letters of Credit. Such non-use fee shall be payable in arrears on the last day of each calendar quarter and on the Termination Date for any period then ending for which such non-use fee shall not have previously been paid. The non-use fee shall be computed for the actual number of days elapsed on the basis of a year of 360 days.
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Non-Use Fee. The Company agrees to pay to the Agent for the account of each Bank a non-use fee, for the period from the Effective Date to the Termination Date, equal to 0.0375% of such Bank's Pro Rata Share (as adjusted at the rate per annum in effect from time to time) time pursuant to SCHEDULE 1.1 of the daily average of the unused amount of such Bank's Percentage of the Revolving Commitment Amount on each dayAmount. For purposes of calculating usage under this Section, the Revolving Commitment Amount shall be deemed used to the extent of the aggregate principal amount of all outstanding Revolving Loans plus the Stated Amount undrawn amount of all Letters of Credit. Such non-use fee shall be payable in arrears on the last day Business Day of each calendar quarter and on the Termination Date for any period then ending for which such non-use fee shall not have previously theretofore been paid. The non-use fee shall be computed for the actual number of days elapsed on the basis of a year of 360 days.
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Samples: Credit Agreement (U S Liquids Inc)
Non-Use Fee. The Company agrees to pay to the Agent for the account of each Bank a non-use fee, for the period from the Effective Date to the Termination Date, equal to 0.0375% of such Bank's Pro Rata Share (as adjusted at the rate per annum in effect from time to time) time pursuant to SCHEDULE 1.1 of the daily average of the unused amount of such Bank's Percentage of the Revolving Commitment Amount on each dayAmount. For purposes of calculating usage under this Section, the Revolving Commitment Amount shall be deemed used to the extent of the aggregate principal amount of all outstanding Revolving Loans plus the Stated Amount undrawn amount of all Letters of Credit. Such non-use fee shall be payable in arrears on the last day Business Day of each calendar quarter and on the Termination Date for any period then ending for which such non-use fee shall not have previously theretofore been paid. The non-use fee shall be computed for the actual number of days elapsed on the basis of a year of 360 days.
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Samples: Credit Agreement (U S Liquids Inc)
Non-Use Fee. The Company agrees to pay to the Agent for the account of each Bank a non-use fee, for the period from and including the Effective Date to but excluding the Termination Date, equal to 0.0375% of such Bank's Pro Rata Share (as adjusted at the rate per annum in effect from time to time) time pursuant to Schedule I of the daily average of the unused amount of such Bank's Percentage of the Revolving Commitment Amount on each dayAmount. For purposes of calculating usage under this Section, the Revolving Commitment Amount shall be deemed used to the extent of the aggregate principal amount of all outstanding Revolving Loans plus the Stated Amount undrawn amount of all Letters of Credit. Such non-use fee shall be payable in arrears on the last day of each calendar quarter and on the Termination Date for any period then ending for which such non-use fee shall not have previously theretofore been paid. The non-use fee shall be computed for the actual number of days elapsed on the basis of a year of 360 days.
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Non-Use Fee. The Company agrees to pay to the Agent for the account of each Bank a non-use fee, for the period from the Effective Date June 29, 1998 to the Termination Date, equal to 0.0375% of such Bank's Pro Rata Share (as adjusted at the rate per annum in effect from time to time) time pursuant to Schedule 1.1 of the daily average of the unused amount of such Bank's Percentage of the Revolving Commitment Amount on each dayAmount. For purposes of calculating usage under this Section, the Revolving Commitment Amount shall be deemed used to the extent of the aggregate principal amount of all outstanding Revolving Loans plus the Stated Amount of all Letters of Credit. Such non-use fee shall be payable in arrears on the last day Business Day of each calendar quarter and on the Termination Date for any period then ending for which such non-use fee shall not have previously theretofore been paid. The non-use fee shall be computed for the actual number of days elapsed on the basis of a year of 360 days.
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Non-Use Fee. The Company agrees to pay to the Agent for the account of each Bank a non-use fee, for the period from the Effective Date to the Termination Date, equal to 0.0375% of such Bank's Pro Rata Share (as adjusted at the rate per annum in effect from time to time) time pursuant to Schedule 1.1A of the daily average of the unused amount of such Bank's Percentage of the Revolving Commitment Amount on each dayAmount. For purposes of calculating usage under this Section, the Revolving Commitment Amount shall be deemed used to the extent of the aggregate principal amount of all outstanding Revolving Loans plus the Stated Amount undrawn amount of all Letters of Credit. Such non-use fee shall be payable in arrears on the last day Business Day of each calendar quarter and on the Termination Date for any period then ending for which such non-use fee shall not have previously theretofore been paid. The non-use fee shall be computed for the actual number of days elapsed on the basis of a year of 360 days.
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