Common use of Periodic Facility Fee Clause in Contracts

Periodic Facility Fee. Borrower shall pay to Agent for distribution to Lenders Pro Rata a facility fee determined by applying the Applicable Facility Fee to the total Revolving Credit Commitment. The facility fee shall be paid in arrears on the first day of each January, April, July and October, commencing on January 1, 2002. This facility fee is not refundable or proratable.

Periodic Facility Fee. Borrower The Borrowers shall pay to Agent for distribution to Lenders Pro Rata a facility fee determined by applying the Applicable Facility Fee to the total Revolving Credit Commitment. The facility fee shall be paid in arrears on the first day of each January, April, July and October, commencing on January October 1, 20022004 and shall be computed on the basis of a 360-day year counting the actual number of days elapsed. This facility fee is not refundable or proratable.

Periodic Facility Fee. Borrower The Borrowers shall pay to Administrative Agent for distribution to Lenders Pro Rata a facility fee determined by applying the Applicable Facility Fee to the total Revolving Credit Commitment. The facility fee shall be paid in arrears on the first day of each January, April, July and October, commencing on January July 1, 20022008 and on the Termination Date and shall be computed on the basis of a 360-day year counting the actual number of days elapsed. This facility fee is not refundable or proratable.