Term Loan Commitment Fee. A fully earned, non-refundable commitment fee of One Hundred Thousand Dollars ($100,000.00), on the Effective Date;
Term Loan Commitment Fee. The Company shall pay to the Administrative Agent for the account of each Lender with a Term Loan Commitment a commitment fee ("Term Loan Commitment Fee") on the actual daily unused portion of such Lender's Term Loan Commitment computed on a quarterly basis in arrears on the last Business Day of each calendar quarter based upon the daily utilization for that quarter as calculated by the Administrative Agent, equal to (x) for the period from and including the Announcement Date and to but excluding the sixtieth (60th) day following the Announcement Date, 0.20% per annum and (y) thereafter, the Applicable Margin per annum applicable to the Commitment Fee. For purposes of calculating utilization under this clause (c), the Term Loan Commitments shall be deemed used to the extent of the Effective Amount of Term Loans then outstanding. Such Term Loan Commitment Fee shall accrue from the Announcement Date to the Initial Funding Date and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December through the Initial Funding Date, with the final payment to be made on the Initial Funding Date; provided, that in connection with any reduction or termination of Term Loan Commitments, as the case may be, under Section 2.05 or 2.07(a), the accrued Term Loan Commitment Fee calculated for the period ending on such date shall also be paid on the date of such reduction or termination, with the following quarterly payment being calculated on the basis of the period from such reduction or termination date to such quarterly payment date. The Term Loan Commitment Fee shall accrue at all times after the above-mentioned commencement date until the Initial Funding Date.
Term Loan Commitment Fee. The Borrower agrees to pay to the Administrative Agent for the account of each Term Lender a commitment fee on the daily average unused amount of the Term Loan Commitment of such Term Lender, for each day during the period from the Closing Date until the Term Loan Availability Termination Date, at a rate equal to 0.25% per annum (or, during any period where less than 50% of the aggregate Term Loan Commitments have been utilized, 0.50% per annum), accrued commitment fees to be payable on each Borrowing Date in respect of the Term Loan and upon any termination or expiry of the applicable Term Loan Commitments.
Term Loan Commitment Fee. Borrower agrees to pay to each Lender with a Term Loan Commitment, a term loan commitment fee (a “Term Loan Commitment Fee”) equal to the Applicable Commitment Fee Percentage times the unused amount of the Term Loan Commitments of such Lender. All Term Loan Commitment Fees shall be payable in arrears on the date on which the Term Loan Commitment of such Lender shall expire or be terminated as provided herein. All Term Loan Commitment Fees shall be computed on the basis of the actual number of days elapsed in a year of 360 days. The Term Loan Commitment Fee due to each Lender shall commence to accrue on the Closing Date and shall cease to accrue on the date on which the Term Loan Commitment of such Lender shall expire or be terminated as provided herein. All Fees shall be paid on the dates due, in immediately available funds, to the Administrative Agent for distribution, if and as appropriate, among the Lenders, except that the Fronting Fees shall be paid directly to the Issuing Bank. Once paid, none of the Fees shall be refundable under any circumstances.
Term Loan Commitment Fee. (a) The Company must pay a commitment fee computed at the rate of 0.25 % per annum from and including the 30th day after the Signing Date for a period of 30 days and thereafter at the rate of 0.50% per annum on the undrawn, uncancelled amount of each Lender’s Total Term Loan Commitments.
Term Loan Commitment Fee. The Borrower shall pay to the Administrative Agent for the account of each Term Lender a commitment fee (the “Term Loan Commitment Fee”), on the daily average unused amount of such Term Lender’s Term Loan Commitment, at a rate per annum equal to 0.50%, for the period from and including the Closing Date to, but not including, the date the Term Loan Commitments are reduced to zero. The accrued Term Loan Commitment Fee shall be payable in arrears on each Quarterly Date.
Term Loan Commitment Fee. A fully earned, non-refundable commitment fee of Ten Thousand Dollars ($10,000) (the “Term Loan Commitment Fee”) on the Effective Date;
Term Loan Commitment Fee. Borrower has paid to Bank a non-refundable commitment fee for the Term Loan equal to one-percent (1.00%) of the original principal amount of the Term Loan.
Term Loan Commitment Fee. Borrower shall pay to Lender on the Effective Date a non-refundable commitment fee for the Term Loan equal to one half of one percent (.5%) of the amount of the Term Loan, namely Fifty-Two Thousand Five Hundred Dollars ($52,500.00).
Term Loan Commitment Fee. In consideration of the agreement by MLBFS to make the Term Loan to Customer in accordance with and subject to the terms hereof, Customer has paid or shall, on or before the Closing Date pay, the Term Loan Commitment Fee to MLBFS. Customer acknowledges and agrees that the Term Loan Commitment Fee has been fully earned by MLBFS, and that it will not under any circumstances be refundable.
