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 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 September 30, 2001, (ii) two percent (2%) if the termination or reduction occurs after September 30, 2001 but on or before September 1, 2002, and (iii) one percent (1%) if the termination or reduction occurs after September 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 percent (3%) if the termination or reduction occurs on or before September 30December 31, 2001, ; (ii) two percent (2%) if the termination or reduction occurs after September 30December 31, 2001 but on or before September 1December 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 September 30December 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-quarter percent (3%) if the termination or reduction occurs on or before September 30, 2001, (ii) two percent (21.25%) if the termination or reduction occurs after September 30December 31, 2001 2002 but on or before September 1December 31, 2002, 2003; and (iiiii) one percent (1%) if the termination or reduction occurs after September 30December 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 percent (3%) if the termination or reduction occurs on or before September 30December 31, 2001, ; (ii) two percent (2%) if the termination or reduction occurs after September 30December 31, 2001 but on or before September 1December 31, 2002, ; and (iii) one percent (1%) if the termination or reduction occurs after September 30December 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 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 September 30, 2001, 2000; (ii) two percent (2%) if the termination or reduction occurs after September 30, 2001 2000, but on or before September 130, 2002, 2001; and (iii) one percent (1%) if the termination or reduction occurs after September 30, 20022001.

Termination and Line Reduction Fees. If the Lender or the Borrowers terminate the Credit Facility is terminated for any reason as of a date other than the Maturity Date, or if the Borrower reduces Borrowers reduce the Maximum Line, the Borrower Borrowers shall pay 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 September November 30, 2001, 2000; (ii) two percent (2%) if the termination or reduction occurs after September November 30, 2001 2000 but on or before September 1November 30, 2002, 2001; and (iii) one percent (1%) if the termination or reduction occurs after September November 30, 20022001 but not on the 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 the Lender a fee in an amount equal to a percentage of $4,500,000.00, until such time as the outstanding Revolving Advances are greater than $4,500,000.00, at which time said figure shall automatically be increased to the Maximum Line regardless of whether or not at some point thereafter the outstanding Revolving Advances are less than $4,500,000.00 (or the reduction, as the case may be) as follows: (i) three percent (3%) if the termination or reduction occurs on or before September 30, 2001, 2000; (ii) two percent (2%) if the termination or reduction occurs after September 30, 2001 2000 but on or before September 130, 2002, 2001; and (iii) one percent (1%) if the termination or reduction occurs after September 30, 20022001.