Non-Use Fees. The Borrower shall pay to the Administrative Agent for the account of each Lender a non-use fee on the actual daily unused portion of such Lender’s Commitment, computed on a quarterly basis in arrears on the last Business Day of each calendar quarter based upon the daily utilization for that quarter as calculated by the Administrative Agent, equal to (i) 0.15% per annum on an amount equal to (x) the Total Commitments minus (y) the Tranche A LC Obligations minus (z) the Tranche B Commitment and (ii) 0.30% per annum on an amount equal to (x) the lesser of (A) the Tranche B Commitment and (B) (the Total Commitments minus the Tranche A LC Obligations) minus (y) the Tranche B LC Obligations. Such non-use fee shall accrue from the Amendment Effective Date to the Commitment Termination Date and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December commencing on September 30, 2002 through the Commitment Termination Date, with the final payment to be made on the Commitment Termination Date. The non-use fees provided in this Section shall accrue at all times after the above-mentioned commencement date, including at any time during which one or more conditions in Article VIII are not met.
Non-Use Fees. The Non-Use Fees, when due hereunder, to be shared between the Lenders in accordance with their respective Pro Rata Shares;
Non-Use Fees. The Borrower agrees to pay the Bank, not later than ten (10) days after receipt of a statement therefor, a fee equal to one-quarter of one percent (1/4%) per annum times the average daily unused portion of the Revolving Credit Commitment, payable quarterly in arrears commencing July 1, 1998, and as of the maturity date of the Revolving Note."
Non-Use Fees. The Borrower shall pay to the Administrative Agent for ------------ the account of each Lender a non-use fee on the actual daily unused portion of such Lender's Commitment, computed on a quarterly basis in arrears on the last Business Day of each calendar quarter based upon the daily utilization for that quarter as calculated by the Administrative Agent, equal to (i) 0.15% per annum in the case of the Tranche A Commitment and (ii) 0.30% per annum in the case of the Tranche B Commitment. Such non-use fee shall accrue from the Amendment Effective Date to the Commitment Termination Date and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December commencing on June 30, 2001 through the Commitment Termination Date, with the final payment to be made on the Commitment Termination Date. The non-use fees provided in this Section shall accrue at all times after the above-mentioned commencement date, including at any time during which one or more conditions in Article VIII are not met. ------------
Non-Use Fees. The Company shall pay to the Agent for the account of each Bank a non-use fee on the average daily unused portion of such Bank's Commitment, computed on a quarterly basis in arrears on the last Business Day of each February, May, August and November commencing November 30, 1997 based upon the daily utilization for that quarter as calculated by the Agent, equal to the Applicable Non-Use Fee Rate. Such non-use fee shall accrue from the Closing Date to the Termination Date and shall be due and payable quarterly in arrears on the last Business Day of each February, May, August and November commencing on November 30, 1997 through the Termination Date, with the final payment to be made on the Termination Date. For purposes of calculating the non-use fee, Bid Loans shall not be deemed usage of the Commitments. The non-use fees provided in this Section 2.13(b) shall accrue at all times after the above-mentioned commencement date, including at any time during which one or more conditions in Article IV are not met.
Non-Use Fees. The Company shall pay to the Administrative ------------ Agent for the account of each Bank a non-use fee on the daily unused portion of such Bank's Commitment, computed on a quarterly basis in arrears on the last Business Day of each February, May, August and November commencing November 30, 1998 based upon the daily utilization for that quarter as calculated by the Administrative Agent, equal to the Applicable Non-Use Fee Rate. Such non-use fee shall accrue from the Closing Date to the Termination Date and shall be due and payable quarterly in arrears on the last Business Day of each February, May, August and November commencing on November 30, 1998 through the Termination Date, with the final payment to be made on the Termination Date. For purposes of calculating the non-use fee, Loan Note Guaranty Obligations shall be deemed usages of the Commitments but Bid Loans shall not be deemed usage of the Commitments. The non-use fees provided in this Section 2.13(b) shall accrue at all times after the above-mentioned --------------- commencement date, including at any time during which one or more conditions in Article V are not met.
Non-Use Fees. Borrower shall pay to Agent for the benefit of each Lender, on a quarterly basis, a non-use fee (the "NON-USE FEE") for the period from and including the date hereof to but excluding the Revolving Loan Termination Date (or such earlier date on which the Revolving Loan Commitment shall be terminated pursuant to SECTION 2.6(a) or SECTION 13.2) of one-half of one percent (0.50%) per annum on the excess of (i) the daily average of such Lender's Pro Rata Share of the then applicable Revolving Commitment OVER (ii) the daily average of such Lender's Pro Rata Share of the aggregate principal amount of the Total Revolving and LC Exposure. Such Non-Use Fees shall be payable in arrears on the fifteenth day of each January, April, July and October (commencing on July 15, 1999) and on the Revolving Loan Termination Date (or such earlier date on which the Revolving Loan Commitment shall terminate) for any period then ending for which such Non-Use Fee shall not have been theretofore paid.
Non-Use Fees. The Enterprise shall pay to the Bank a nonrefundable fee (the “Non-Use Fee”), which shall be in the amount of (i) 0.30% of the weighted average balance of the Unfunded Portion from the Closing Date to [ , 2024], and (ii) 0.35% of the weighted average balance of the Unfunded Portion from [ , 2024], to the Advance Termination Date. The Non-Use Fee shall be calculated and paid on the Advance Termination Date.
Non-Use Fees. An amount equal to the Non-Use Fees for the related Distribution Date shall be deposited in the Distribution Account.
Non-Use Fees. The Borrower shall pay to the Administrative ------------ Agent for the account of each Bank a non-use fee payable on the daily unused portion of such Bank's Commitment, computed on a quarterly basis payable in arrears on the last Business Day of each February, May, August and November commencing May 31, 2001 and on the Termination Date based upon the daily utilization for that quarter as calculated by the Administrative Agent, equal to the Applicable Non-Use Fee Rate. For purposes of calculating the non-use fee, Letter of Credit Usage shall be deemed usage of the Commitments and Swing Line Loans shall not be deemed usage of the Commitments. The non-use fees provided in this Section 2.13(b) shall accrue at all times --------------- after the above-mentioned commencement date, including at any time during which one or more conditions in Article V are not met.
