Revolving Loan Commitment Fee. From the Closing Date, Borrower shall pay Administrative Agent, for the benefit of all Lenders (based upon their respective Pro Rata Shares of the Revolving Loan Commitment), a fee in an amount equal to (i) the Revolving Loan Commitment less the average daily outstanding balance of Revolving Loans during the preceding calendar quarter multiplied by (ii) 0.50% per annum. Such fee is to be paid quarterly in arrears on the last day of each calendar quarter for such calendar quarter (or portion thereof), with the final such payment due on the Revolving Loan Expiration Date.
Revolving Loan Commitment Fee. The Borrower agrees to pay to the Administrative Agent for the account of each Revolving Lender a commitment fee on the daily average unused amount of the Revolving Loan Commitment of such Revolving Lender, for each day during the period from the Closing Date until the Revolving Loan Availability Termination Date, at a rate equal to 0.25% per annum (or, during any period where less than 50% of the aggregate Revolving Loan Commitments have been utilized, 0.50% per annum), accrued commitment fees to be payable on each Borrowing Date in respect of the Revolving Loan and upon any termination or expiry of the applicable Revolving Loan Commitments.
Revolving Loan Commitment Fee. The Revolving Loan Borrower agrees to pay to the Agent, for the account of the Lenders, a commitment fee (the “Revolving Loan Commitment Fee”) calculated at a per annum rate equal to the Revolving Loan Commitment Fee Rate on the average daily amount by which the Aggregate Revolving Loan Commitment exceeds the sum of (a) the actual aggregate outstanding principal balance of the Revolving Swing Line Loans on each day (it being understood that any portion of the outstanding principal balance of the Revolving Swing Line Loans ceases to be outstanding under the Revolving Swing Line Loans and commences being a portion of the outstanding principal balance under the Revolving Loans on the date that the Revolving Loans are funded to repay such portion of the outstanding principal balance of the Revolving Swing Line Loans); plus
Revolving Loan Commitment Fee. From the Closing Date, Borrower shall pay Administrative Agent, for the benefit of all Lenders (based upon their respective Pro Rata Shares of the Revolving Loan Commitment), a fee in an amount equal to (i) the Revolving Loan Commitment less the average daily ---- outstanding balance of Revolving Loans during the preceding calendar quarter multiplied by (ii) the Applicable Commitment Fee Percentage. Such fee is to be ---------- -- paid quarterly in arrears on the last day of each calendar quarter for such calendar quarter (or portion thereof), with the final such payment due on the Expiration Date.
Revolving Loan Commitment Fee. The Revolving Loan Borrower agrees to pay to Agent, for the account of the Lenders, a commitment fee (the “Revolving Loan Commitment Fee”) calculated at a per annum rate equal to the Revolving Loan Commitment Fee Rate on the average daily amount by which the Aggregate Revolving Loan Commitment exceeds the sum of (a) the actual aggregate outstanding principal balance of the Revolving Swing Line Loans on each day (it being understood that any portion of the outstanding principal balance of the Revolving Swing Line Loans ceases to be outstanding under the Revolving Swing Line Loans and commences being a portion of the outstanding principal balance under the Revolving Loans on the date that the Revolving Loans are funded to repay such portion of the outstanding principal balance of the Revolving Swing Line Loans); plus (b) the actual aggregate outstanding principal balance of the Revolving Loans plus the LC Obligations on each day; provided that, if the aggregate amount of the Revolving Loan Commitment Fee payable for any period to the Lenders other than the Swing Line Lender (as set forth in the third sentence of this paragraph) exceeds the amount calculated under this sentence, then the Revolving Loan Borrower agrees to pay to the Agent, for the account of such Lenders, such additional amounts so that each Lender other than the Swing Line Lender receives the full amount of Revolving Loan Commitment Fee described in the third sentence of this paragraph. The accrued Revolving Loan Commitment Fee shall be due and payable in arrears on each Quarterly Payment Date hereafter and on the Termination Date for the three month period or other time period ending on the last day of the preceding fiscal quarter or on the Termination Date. The Revolving Loan Commitment Fee payable to each Lender other than the Swing Line Lender shall be based upon the amount determined by multiplying such Lender’s Pro Rata Share by the average daily amount by which the Aggregate Revolving Loan Commitment exceeds the actual aggregate outstanding principal balance of the Revolving Loans plus the LC Obligations on each day. The Revolving Loan Commitment Fee payable to the Lender which is the Swing Line Lender shall be based upon the amount determined by multiplying such Lender’s Pro Rata Share by the average daily amount by which the Aggregate Revolving Loan Commitment exceeds the actual aggregate outstanding principal balance of the Revolving Loans plus the LC Obligations on each day and sub...
Revolving Loan Commitment Fee. Xxxxxx agrees to pay to First Union, as Agent, for the account of each Bank as compensation for the Aggregate Revolving Loan Commitment, a fee (the "REVOLVING LOAN COMMITMENT FEE") computed as follows:
(1) when the average daily balance of the aggregate Loans outstanding under the Revolving Credit Notes (measured over the previous calendar quarter or portion thereof, as applicable) is less than __% of the Aggregate Revolving Loan Commitment, Xxxxxx shall pay a Revolving Loan Commitment Fee equal to __% of the unused portion of the Aggregate Revolving Loan Commitment, and (2) when the average daily balance of the aggregate Loans outstanding under the Revolving Credit Notes (measured over the previous calendar quarter or portion thereof, as applicable) is at least __% of the Aggregate Revolving Loan Commitment, Xxxxxx shall pay a Revolving Loan Commitment Fee equal to __% of the unused portion of the Aggregate Revolving Loan Commitment. The Revolving Loan Commitment Fee shall be payable in arrears on the first day of each January, April, July and October, commencing July 1, 1997 (for the three month period or portion thereof ended on the preceding day), and on the Revolver Termination Date. The Revolving Loan Commitment Fee shall be calculated on the basis of a 360 day year.*
Revolving Loan Commitment Fee. The Borrowers agree to pay to the Administrative Agent for the account of each Bank as compensation for the Aggregate Revolving Loan Commitment, a fee based on the average daily unused committed amount of the Revolving Credit Facility (the "REVOLVING LOAN COMMITMENT FEE") computed as indicated on the chart set forth on Exhibit D hereto, based on the then applicable Leverage Ratio of the Borrowers. The Revolving Loan Commitment Fee shall be payable quarterly in arrears on the first day of each January, April, July and October, commencing October 1, 1998 (for the three month period or portion thereof ended on the preceding day), and on the Revolving Loan Termination Date. The Revolving Loan Commitment Fee shall be calculated on the basis of the actual number of days elapsed in a 360-day year.
Revolving Loan Commitment Fee. On the Closing Date, the Loan Parties shall pay the Revolving Loan Commitment Fee to ACFS (and the Loan Parties hereby authorize Agent to deduct from the aggregate proceeds from the sales of the Notes by the Loan Parties, the unpaid amount of such Revolving Loan Commitment Fee);
Revolving Loan Commitment Fee. In consideration of the Revolving Loan Commitment, the Company shall pay to Agent, for the ratable benefit of the Purchasers making Revolving Loan Commitments, a commitment fee (the “Revolving Loan Commitment Fee”) in an amount equal to 0.5% per annum on the average daily unused amount of the Revolving Loan Commitment Amount. The Revolving Loan Commitment Fee shall be payable monthly in arrears on the first Business Day of each calendar month, commencing on November 1, 2004 and ending on the Revolving Loan Termination Date.]”
Revolving Loan Commitment Fee. Borrower shall ----------------------------- pay to Agent for the account of the Banks on a pro-rata basis, within twenty (20) days from the date of the Agent's invoice therefor, a Revolving Loan Commitment Fee (the "Revolving Loan Commitment Fee") at the rate of ----------------------------- one-eighth of one percent (0.125%) per annum on the average daily unused portion of the Revolving Loan Commitment. The Revolving Loan Commitment Fee shall be payable quarterly in arrears commencing on November 1, 1996 (which payment shall include the period commencing on the date hereof), February 1, 1997, May 1, 1997 and on the Revolving Credit Termination Date. The Revolving Loan Commitment Fee shall be computed on the basis of a year deemed to consist of 360 days and paid for the actual number of days elapsed. The amount of Revolving Loans outstanding from time to time and the amount of Letter of Credit Outstandings from time to time are considered uses of the Revolving Loan Commitment.
