Common use of Revolving Commitment Fee Clause in Contracts

Revolving Commitment Fee. The Borrower shall pay to the Agent for the account of each Bank fees (the "Revolving Commitment Fees") in an amount determined by applying the Applicable Fee Percentage to the average daily Unused Revolving Commitment of such Bank for the period from the Closing Date to the Termination Date. Such Revolving Commitment Fees are payable in arrears quarterly on the last day of each quarter and on the Termination Date.

Appears in 1 contract

Samples: Pledge Agreement (Graco Inc)

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Revolving Commitment Fee. The Borrower shall pay to the Agent for the account of each Bank fees (the "Revolving Commitment Fees") in an amount determined by applying the Applicable Commitment Fee Percentage to the average daily Unused Revolving Commitment of such Bank for the period from the Closing Date to the Termination Date. Such Revolving Commitment Fees are payable in arrears quarterly on the last day of each fiscal quarter and on the Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Marten Transport LTD)

Revolving Commitment Fee. The Borrower Borrowers shall pay to the Agent Agent, for the account of each Bank Bank, fees (the "Revolving Commitment Fees") in an amount determined by applying a rate per annum equal to the Applicable Fee Percentage to the average daily Unused Revolving Commitment of such Bank for the period from the Closing Date to the Termination Transformation Date. Such Revolving Commitment Fees are payable in arrears quarterly on the last day of each quarter Quarterly Payment Date and on the Termination Transformation Date.

Appears in 1 contract

Samples: Credit Agreement (Pilgrim Capital Corp)

Revolving Commitment Fee. The Borrower Borrowers shall pay to the Agent for the account of each Bank (other than any Defaulting Bank) fees (the "Revolving Commitment Fees") in an amount determined by applying the Applicable Commitment Fee Percentage to the average daily Unused Revolving Commitment of such Bank for during each calendar quarter during the period from the Closing Date to the Termination Date. Such Revolving Commitment Fees are payable in arrears quarterly on the last day of each quarter and on the Termination Date.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Commercial Vehicle Group, Inc.)

Revolving Commitment Fee. The Borrower shall pay to the Agent for the account of each Bank fees (the "Revolving Commitment Fees") in an amount determined by applying the Applicable Commitment Fee Percentage to the average daily Unused Revolving Commitment of such Bank for the period from the Closing Date to the Termination Date. Such Revolving Commitment Fees are payable in arrears quarterly monthly on the last day of each fiscal quarter and on the Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Marten Transport LTD)

Revolving Commitment Fee. The Borrower Borrowers shall pay to the Administrative Agent for the account of each Bank Revolving Lender fees (the "Revolving Commitment Fees") in an amount determined by applying the Applicable Commitment Fee Percentage to the average daily Unused Revolving Commitment of such Bank Lender for the period from the Closing Date to the Termination Date. Such Revolving Commitment Fees are payable in arrears quarterly on the last day of each calendar quarter and on the Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Golden Oval Eggs LLC)

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Revolving Commitment Fee. The Borrower shall pay to the Agent for the account of each Bank fees (the "Revolving Commitment Fees") in an amount determined by applying the Applicable Fee Percentage a rate of 0.275% per annum to the average daily Unused Revolving Commitment of such Bank for during the period from and after the Closing Date date hereof to and including the Termination Date. Such Revolving Commitment Fees are payable in arrears quarterly on the last day of each quarter and dates on the Termination Datewhich interest is payable pursuant to Section 2.5.

Appears in 1 contract

Samples: Credit Agreement (County Bancorp, Inc.)

Revolving Commitment Fee. The Borrower shall pay to the Agent for the account of each Bank fees (the "Revolving Commitment Fees") in an amount determined by applying the Applicable Commitment Fee Percentage to the average daily Unused Revolving Commitment of such Bank for the period from the Closing Date to the Termination Date. Such Revolving Commitment Fees are payable in arrears quarterly on the last day of each fiscal quarter and on the Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Marten Transport LTD)

Revolving Commitment Fee. The Borrower shall pay to the Agent for the account of each Bank Lender fees (the "Revolving Commitment Fees") in an amount determined by applying equal to 0.18% per annum of the Applicable Fee Percentage to the average daily amount of its Unused Revolving Commitment of such Bank for the period from the Closing Date to the Termination Date. Such Revolving Commitment Fees are Commitment, payable quarterly in arrears quarterly on the last day Business Day of each quarter and on the Termination Datemonth.

Appears in 1 contract

Samples: Credit Agreement (Matrix Bancorp Inc)

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