Common use of Termination and Line Reduction Fees Clause in Contracts

Termination and Line Reduction Fees. If the Credit Facility is terminated for any reason as of a date other than the Maturity Date, or the Borrower reduces the Maximum Line, the Borrower shall pay to the Lender a fee in an amount equal to a percentage of the Maximum Line (or the reduction, as the case may be) as follows: (i) three percent (3%) if the termination or reduction occurs on or before December 31, 2001; (ii) two percent (2%) if the termination or reduction occurs after December 31, 2001 but on or before December 31, 2002; and (iii) one percent (1%) if the termination or reduction occurs after December 31, 2002.

Termination and Line Reduction Fees. If the Credit Facility is terminated for any reason as of a date other than the Maturity Date, or the Borrower reduces the Maximum Line, the Borrower shall pay to the Lender a fee in an amount equal to a percentage of the Maximum Line (or the reduction, as the case may be) as follows: (i) three percent (3%) if the termination or reduction occurs on or before December 31September 30, 2001; , (ii) two percent (2%) if the termination or reduction occurs after December 31September 30, 2001 but on or before December 31September 1, 2002; , and (iii) one percent (1%) if the termination or reduction occurs after December 31September 30, 2002.

Termination and Line Reduction Fees. If the Credit Facility is terminated for any reason as of a date other than the Maturity Date, or the Borrower reduces the Maximum Line, the Borrower shall pay to the Lender a fee in an amount equal to a percentage of the Maximum Line (or the reduction, as the case may be) as follows: (i) three one and one-quarter percent (3%) if the termination or reduction occurs on or before December 31, 2001; (ii) two percent (21.25%) if the termination or reduction occurs after December 31, 2001 2002 but on or before December 31, 20022003; and (iiiii) one percent (1%) if the termination or reduction occurs after December 31, 20022003.

Termination and Line Reduction Fees. If the Credit Facility is terminated for any reason as of a date other than the Maturity Date, or the Borrower reduces Borrowers reduce the Maximum Line, the Borrower Borrowers shall pay to the Lender a fee in an amount equal to a percentage of the Prepayment Factor multiplied by the Maximum Line (or the reduction, as the case may be) as follows: (i) three percent (3%) if the termination or reduction occurs on or before December 31, 2001; (ii) two percent (2%) if the termination or reduction occurs after December 31, 2001 but on or before December 31, 2002; and (iii) one percent (1%) if the termination or reduction occurs after December 31, 2002).

Termination and Line Reduction Fees. If the Credit Facility is terminated for any reason as of a date other than the Maturity Date, or the Borrower reduces the Maximum Line, the Borrower shall pay to the Lender a fee in an amount equal to a percentage of the Maximum Line (or the reduction, as the case may be) as follows: (i) three percent (3%) if the termination or reduction occurs on or before December 31, 2001; (ii) two percent (2%) if the termination or reduction occurs after December 31, 2001 but on or before December 31, 2002; (iii) one and one-quarter percent (1.25%) if the termination or reduction occurs after December 31, 2002 but on or before December 31, 2003; and (iiiiv) one percent (1%) if the termination or reduction occurs after December 31, 20022003.

Termination and Line Reduction Fees. If the Credit Facility is terminated by Borrower for any reason as of a date other than the Maturity Date, or the Borrower reduces the Maximum Line, or if the Borrower prepays the Revolving Note for any reason (from any source other than cash flow generated from the Borrower's operations), the Borrower shall pay to the Lender a fee in an amount equal to a percentage two percent (2%) of the Maximum Line (or the reduction, as the case may be) as follows: (i) three percent (3%) if the termination or reduction occurs on or before December 31, 2001; (ii) two percent (2%) if the termination or reduction occurs after December 31, 2001 but on or before December 31, 2002; and (iii) one percent (1%) if the termination or reduction occurs after December 31, 2002).

Termination and Line Reduction Fees. If the Credit Facility is terminated for any reason as of a date other than the Maturity Date, or the Borrower reduces the Maximum Line, the Borrower shall pay to the Lender a fee in an amount equal to a percentage of the Maximum Line (or the reductionreduction thereof, as the case may be) , as follows: (iA) three two percent (32.0%) if the termination or reduction occurs on or before December March 31, 20012005; and (iiB) two one percent (21.0%) if the termination or reduction occurs on or after December 31April 1, 2001 2005 but on or before December 31, 2002; and (iii) one percent (1%) if the termination or reduction occurs after December 31, 2002a date other than Maturity Date.”

Termination and Line Reduction Fees. If the Credit Facility is terminated for any reason as of a date other than the Maturity Date, or the Borrower reduces the Maximum Line, the Borrower shall pay to the Lender a fee in an amount equal to a percentage of the Maximum Line (or the reduction, as the case may be) as follows: (i) three one and one half percent (31.5%) if the termination or reduction occurs on or before December May 31, 20012006; and (ii) two one percent (21.0%) if the termination or reduction occurs after December May 31, 2001 but on or before December 31, 2002; and (iii) one percent (1%) if the termination or reduction occurs after December 31, 20022006.

Termination and Line Reduction Fees. If the Credit Facility is terminated for any reason as of a date other than the Maturity Date, or the Borrower reduces the Maximum Line, the Borrower shall pay to the Lender a fee in an amount equal to a percentage of the Maximum Line (or the reduction, as the case may be) as follows: (i) three percent (3%) $100,000 if the termination or reduction occurs on or before December 31June 30, 20012003; (ii) two percent (2%) $50,000 if the termination or reduction occurs after December 31June 30, 2001 2003 but on or before December July 31, 20022003; and (iii) one percent (1%) $70,000 if the termination or reduction occurs after December July 31, 20022003.”

Termination and Line Reduction Fees. If the Credit Facility is terminated for any reason as of a date other than the Maturity Date, or the Borrower reduces the Maximum Line, the Borrower shall pay to the Lender a fee in an amount equal to a percentage of the Maximum Line (or the reduction, as the case may be) as follows: (i) three one and one half percent (31.5%) if the termination or reduction occurs on or before December May 31, 20012008; and (ii) two one percent (21.0%) if the termination or reduction occurs after December May 31, 2001 but on or before December 31, 2002; and (iii) one percent (1%) if the termination or reduction occurs after December 31, 20022008.”

Termination and Line Reduction Fees. If (i) the Lender terminates the Credit Facility is terminated for any reason as of during a Default Period, or if (ii) the Borrower terminates or reduces the Credit Facility on a date other more than ninety (90) days prior to the Maturity Date, or the Borrower reduces the Maximum Line, then the Borrower shall pay to the Lender as liquidated damages and not as a penalty a termination fee in an amount equal to a percentage one percent (1%) of the Maximum Line Amount (or the reductionreduction of the Maximum Line Amount, as the case may be) as follows: (i) three percent (3%) if ). 20. Section 6.2 of the termination or reduction occurs on or before December 31, 2001; (ii) two percent (2%) if Credit Agreement shall be deleted in its entirety and replaced with the termination or reduction occurs after December 31, 2001 but on or before December 31, 2002; and (iii) one percent (1%) if the termination or reduction occurs after December 31, 2002.following:

Termination and Line Reduction Fees. If the Credit Facility is terminated for any reason as of a date other than the Maturity Date, or the Borrower reduces the Maximum Line, the Borrower shall pay to the Lender a fee in an amount equal to a percentage of the Maximum Line (or the reduction, as the case may be) as follows: (i) three percent (3%) if the termination or reduction occurs on or before December 31, 2001; (ii) two percent (2%) if the termination or reduction occurs after December 31, 2001 but on or before December 31June 30, 20021998; and (iiiii) one percent (1%) if the termination or reduction occurs after December 31June 30, 20021998.

Termination and Line Reduction Fees. If the Credit Facility is terminated for any reason (i) by the Lender during a Default Period that begins before a Maturity Date, (ii) by the Borrower (A) as of a date other than a Maturity Date or (B) as of a Maturity Date but without the Lender having received written notice of such termination at least 90 days before such Maturity Date, or if the Borrower reduces the Maximum Line, the Borrower shall pay to the Lender a fee in an amount equal to a percentage one percent (1.0%) of the Maximum Line (or the reductionreduction of the Maximum Line, as the case may be) as follows: (i) three percent (3%) if the termination or reduction occurs on or before December 31, 2001; (ii) two percent (2%) if the termination or reduction occurs after December 31, 2001 but on or before December 31, 2002; and (iii) one percent (1%) if the termination or reduction occurs after December 31, 2002).