Common use of Revolving Commitment Fees Clause in Contracts

Revolving Commitment Fees. The Borrower shall pay to the Bank fees (the “Revolving Commitment Fees”) in an amount determined by applying a rate of 0.125% per annum to the average daily Unused Revolving Commitment for the period from the date of the First Amendment hereto to the Termination Date. Revolving Commitment Fees are payable in arrears on the last day of each fiscal quarter of the Borrower and on the Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Electromed, Inc.)

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Revolving Commitment Fees. The Borrower Borrowers shall pay to the Bank Lender fees (the "Revolving Commitment Fees") in an amount determined by applying a rate of 0.125% per annum the Applicable Fee Percentage then in effect to the average daily Unused unused Revolving Commitment Amount for the period from the date of the First Second Amendment hereto to the Termination Revolving Maturity Date. Such Revolving Commitment Fees are payable in arrears monthly on the last day of each fiscal quarter of the Borrower month and on the Termination Revolving Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (WTC Industries Inc)

Revolving Commitment Fees. The Borrower shall pay to the Bank Lender fees (the “Revolving Commitment Fees”) in an amount determined by applying a rate of 0.1250.50% per annum to the average daily Unused Revolving Commitment for each month during the period from the date of the First Amendment hereto Funding Date to the Termination Date. Such Revolving Commitment Fees are payable monthly in arrears on the last first day of each fiscal quarter of the Borrower month and on the Termination Date.

Appears in 1 contract

Samples: Credit and Security Agreement (Pw Eagle Inc)

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Revolving Commitment Fees. The Borrower shall pay to the Bank fees (the “Revolving Commitment Fees”) in an amount determined by applying a rate of 0.125% per annum to the average daily Unused Revolving Commitment for the period from the date of the First Amendment hereto to until the Termination Date. Revolving Commitment Fees are payable in arrears on the last day of each fiscal quarter of the Borrower and on the Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Electromed, Inc.)

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