Common use of Revolving Commitment Fee Clause in Contracts

Revolving Commitment Fee. The Borrower shall pay to Lender fees ( the "Revolving Commitment Fees") in an amount determined by applying a rate of one-fourth (1/4) of 1% to the average daily unused Revolving Commitment Amount for the period from the date of this Agreement to the Revolving Maturity Date. Such Revolving Commitment Fees are payable in arrears monthly on the last day of each month and on the Revolving Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Oboisie Corp)

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Revolving Commitment Fee. The Borrower shall pay to Lender the Bank fees ( (the "Revolving Commitment Fees") in an amount determined by applying a rate of one-fourth (1/4) of 10.275% per annum to the average daily unused Unused Revolving Commitment Amount for during the period from and after the date of this Agreement hereof to and including the Revolving Maturity Termination Date. Such Revolving Commitment Fees are payable in arrears monthly on the last day of each month and dates on the Revolving Maturity Datewhich interest is payable pursuant to Section 2.5.

Appears in 1 contract

Samples: Credit Agreement (County Bancorp, Inc.)

Revolving Commitment Fee. The Borrower Borrowers shall pay to the Lender fees ( (the "Revolving Commitment Fees") in an amount determined by applying a rate of one-fourth (1/4) of 10.25% per annum to the average daily unused Revolving Commitment Amount for the period from the date of this Agreement to the Revolving Maturity Date. Such Revolving Commitment Fees are payable in arrears monthly quarterly on the last day of each month calendar quarter and on the Revolving Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Applied Epi Inc)

Revolving Commitment Fee. The Borrower Borrowers shall pay to the Lender fees ( (the "Revolving Commitment Fees") in an amount determined by applying a rate of one-fourth (1/4) of 10.50% per annum to the average daily unused Unused Revolving Commitment Amount of the Lender for the period from the date of this Agreement Closing Date to the Revolving Maturity Termination Date. Such Revolving Commitment Fees are payable in arrears monthly on the last day of each month and on the Revolving Maturity Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Sunlink Health Systems Inc)

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Revolving Commitment Fee. The Borrower Borrowers shall pay to the Lender fees ( (the "Revolving Commitment Fees") in an amount determined by applying a rate of one-fourth (1/4) of 10.25% per annum to the average daily unused Revolving Commitment Amount for the period from the date of this Agreement to the Revolving Maturity Date. Such Revolving Commitment Fees are payable in arrears monthly on the last day of each month and on the Revolving Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (WTC Industries Inc)

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