Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten-hundredths percent (0.10%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter basis by Bank and shall be due and payable by Borrower in arrears on the last day of each September, December, March and June.
Appears in 5 contracts
Samples: Credit Agreement, Credit Agreement (Tilly's, Inc.), Credit Agreement (Tilly's, Inc.)
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to tenone-hundredths tenth percent (0.10%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last day of within ten (10) days after each September, December, March and Junebilling is sent by Bank.
Appears in 3 contracts
Samples: Credit Agreement (Employers Holdings, Inc.), Credit Agreement (Employers Holdings, Inc.), Credit Agreement (Employers Holdings, Inc.)
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten-hundredths one quarter percent (0.100.25%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last day of within ten (10) days after each September, December, March and Junebilling is sent by Bank.
Appears in 3 contracts
Samples: Credit Agreement (Willdan Group, Inc.), Credit Agreement (Intervoice Inc), Credit Agreement (Intervoice Inc)
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten-hundredths one eighth percent (0.101/8%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter monthly basis by Bank and shall be due and payable by Borrower in arrears on the last first business day of each September, December, March and Junemonth.
Appears in 2 contracts
Samples: Credit Agreement (Nexstar Pharmaceuticals Inc), Credit Agreement (Nexstar Pharmaceuticals Inc)
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to tenone-hundredths quarter of one percent (0.10.25%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter basis by Bank and shall be due and payable by Borrower in arrears on the last day of each SeptemberMarch 31, DecemberJune 30, March September 30 and JuneDecember 31.
Appears in 2 contracts
Samples: Credit Agreement (Symmetricom Inc), Credit Agreement (Symmetricom Inc)
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten-hundredths one hundred eighty eight thousands of one percent (0.100.188%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last day of within thirty (30) days after each September, December, March and Junebilling is sent by Bank.
Appears in 2 contracts
Samples: Credit Agreement (Rentrak Corp), Credit Agreement (Rentrak Corp)
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten-hundredths percent (0.10%) the Applicable Percentage per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter basis by Bank and shall be due and payable by Borrower in arrears on the last day of each September, December, March and June.a
Appears in 2 contracts
Samples: Credit Agreement, Credit Agreement (Corsair Components, Inc.)
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten-hundredths one fifth of one percent (0.100.20%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter yearly basis by Bank and shall be due and payable by Borrower in arrears on the last day of within ten (10) days after each September, December, March and Junebilling is sent by Bank.
Appears in 2 contracts
Samples: Credit Agreement (Endologix Inc /De/), Credit Agreement (Endologix Inc /De/)
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to tenone-hundredths half of one percent (0.10.50%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last day of within ten (10) days after each September, December, March and Junebilling is sent by Bank.
Appears in 2 contracts
Samples: Credit Agreement (S&W Seed Co), Credit Agreement (S&W Seed Co)
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten-eighteen hundredths of one percent (0.100.18%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of CreditCredit (not including the notional amount of any Letters of Credit then issued and outstanding), which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last 15th day of each SeptemberJanuary, DecemberApril, March July and JuneOctober, commencing on January 15, 2016.
Appears in 2 contracts
Samples: Credit Agreement (Cray Inc), Credit Agreement (Cray Inc)
Unused Commitment Fee. Borrower shall pay to Bank a fee at a rate per annum equal to ten-hundredths five eightieths of one percent (0.100.0625%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Reducing Line of Credit, which fee shall be calculated on a calendar quarter basis by Bank and shall be due and payable by Borrower in arrears on the last day of within ten (10) days after each September, December, March and Junemonthly billing is sent by Bank.
Appears in 2 contracts
Samples: Credit Agreement, Credit Agreement (Heartland Express Inc)
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to tenthree-hundredths eighths of one percent (0.100.375%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last fifteenth (15th) day of each September, December, March fiscal quarter during the term hereof and Juneon the maturity date hereof.
Section 2.1 of the Credit Agreement is hereby deleted in its entirety and replaced with the following:
Appears in 2 contracts
Samples: Credit Agreement (Axt Inc), Credit Agreement (Axt Inc)
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to tenthree-hundredths eighths of one percent (0.100.375%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last day of each SeptemberJanuary 1, DecemberApril 1, March July 1 and JuneOctober 1.
Appears in 2 contracts
Samples: Revolving Line of Credit Note (Ihop Corp), Credit Agreement (Ihop Corp)
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to tenone-hundredths quarter percent (0.100.25%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last day of within ten (10) days after each September, December, March and Junebilling is sent by Bank.
Appears in 2 contracts
Samples: Credit Agreement (SJW Corp), Credit Agreement (SJW Corp)
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten-five hundredths of one percent (0.100.05%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of CreditRevolving Loan, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last day of within ten (10) days after each September, December, March and Junebilling is sent by Bank.
Appears in 2 contracts
Samples: Credit Agreement, Credit Agreement (Proto Labs Inc)
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten--------------------- one-hundredths eighth percent (0.101/8%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last day of each SeptemberFebruary 28, DecemberMay 31, March August 31, and JuneNovember 30.
Appears in 2 contracts
Samples: Credit Agreement (Lecg Inc), Credit Agreement (Lecg Inc)
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten-hundredths percent (0.10.250%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last day of within ten (10) days after each September, December, March and Junebilling is sent by Bank.
Appears in 2 contracts
Samples: Credit Agreement (Sportsmans Guide Inc), Credit Agreement (Sportsmans Guide Inc)
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to tenthirty-five hundredths percent (0.100.35%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter monthly basis by Bank and shall be due and payable by Borrower in arrears on the last day of within ten (10) days after each Septemberbilling is sent by Bank, December, March and Junewhich shall be sent no more frequently than monthly.
Appears in 2 contracts
Samples: Credit Agreement, Credit Agreement (Gener8 Maritime, Inc.)
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten-hundredths one eight of one percent (0.100.125%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last day of within ten (10) days after each September, December, March and Junebilling is sent by Bank.
Appears in 2 contracts
Samples: Credit Agreement (Medtox Scientific Inc), Credit Agreement (Medtox Scientific Inc)
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten-hundredths one quarter of one percent (0.100.25%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last day of within ten (10) days after each September, December, March and Junebilling is sent by Bank.
Appears in 2 contracts
Samples: Credit Agreement (Fortress International Group, Inc.), Credit Agreement (Flexsteel Industries Inc)
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to tenone-hundredths quarter percent (0.100.25%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last day of each September, December, March and Junearrears.
Appears in 2 contracts
Samples: Credit Agreement (Natus Medical Inc), Credit Agreement (Rosetta Stone Inc)
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten-hundredths one tenth of one percent (0.10%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter basis by Bank and shall be due and payable by Borrower in arrears on the last day of within ten (10) days after each September, December, March and Junebilling is sent by Bank.
Appears in 2 contracts
Samples: Credit Agreement (SJW Corp), Credit Agreement (SJW Corp)
Unused Commitment Fee. Borrower shall pay to Bank Lender a fee equal to ten-hundredths Zero and 50/100 percent (0.100.5%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter monthly basis by Bank Lender and shall be due and payable by Borrower in arrears on the last 1st day of each Septembermonth, Decembercommencing on May 1, March and June2016.
Appears in 1 contract
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to tenone-hundredths quarter percent (0.10.25%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter monthly basis by Bank and shall be due and payable by Borrower in arrears on the last day of each September, December, March and Junearrears.
Appears in 1 contract
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to tentwenty-five hundredths percent (0.10.25%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last first day of each Septemberquarter, Decembercommencing on January 1, March and June2018.
Appears in 1 contract
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten-twenty hundredths percent (0.100.20%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter monthly basis by Bank and shall be due and payable by Borrower in arrears within fifteen (15) days after each billing is sent by Bank. The foregoing fee shall be calculated based on the last day a Line of Credit of $22,500,000.00 during each September, December, March and JuneReduction Period.
Appears in 1 contract
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten--------------------- one-hundredths quarter of one percent (0.100.25%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears within five (5) days after each billing is sent by Bank commencing on the last day of each SeptemberNovember 15, December, March and June2001.
Appears in 1 contract
Unused Commitment Fee. The Borrower shall pay to Bank Lender a fee equal to ten-fifteen hundredths of one percent (0.100.15%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of CreditRevolving Loan Commitment commencing on the date hereof to and including the Termination Date, which fee shall be calculated on a calendar quarter quarterly basis by Bank Lender and shall be due and payable by the Borrower in arrears within thirty (30) days after each billing is sent by Lender and on the last day of each September, December, March and JuneTermination Date.
Appears in 1 contract
Samples: Credit Agreement (Proto Labs Inc)
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to tenone-hundredths fifth percent (0.100.20%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last day of within thirty (30) days after each September, December, March and Junebilling is sent by Bank.
Appears in 1 contract
Samples: Credit Agreement (Dionex Corp /De)
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten-thirty hundredths of one percent (0.10.30%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last day of within ten (10) days after each September, December, March and Junebilling is sent by Bank.
Appears in 1 contract
Samples: Credit Agreement (Englobal Corp)
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten-hundredths twenty five hundredth percent (0.100.25%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last day of each September, December, March and Junecalendar quarter.
Appears in 1 contract
Samples: Credit Agreement (GoPro, Inc.)
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten-twenty hundredths percent (0.100.20%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last day date of each Septemberthis agreement. In the event that Borrower increases the Line of Credit pursuant to the terms of this Agreement, December, March and Junethen the fee shall be calculated on the full amount of the increased Line of Credit.
Appears in 1 contract
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to tenone-hundredths tenth percent (0.10.10%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears within ten (10) days after each billing is sent by Bank. Such xxxxxxxx shall be sent on the last day of or about each SeptemberAugust 31st, DecemberNovember 30th, March February 28th or 29th, and JuneMay 31st.
Appears in 1 contract
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to tenthree-hundredths fortieths of one percent (0.100.075%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Available Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last day of within (15) days after each September, December, March and Junebilling is sent by Bank."
Appears in 1 contract
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten-hundredths percent (0.10%) 0.0% per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Creditthis Note, which fee shall be calculated on a calendar quarter MONTHLY basis by Bank and shall be due and payable by Borrower in arrears on the last day of each September, December, March and JuneMONTH.
Appears in 1 contract
Samples: Revolving Line of Credit Note (Il Fornaio America Corp)
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten-hundredths one half of one percent (0.100.50%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last day first Business Day of each September, December, March and June.fiscal
Appears in 1 contract
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to tenone and one-hundredths half percent (0.101.50%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of CreditCredit (regardless of the amount of the Borrowing Base or any limitations on borrowing under the Line of Credit based on the amount of the Borrowing Base), which fee shall be calculated on a calendar quarter monthly basis by Bank and shall be due and payable by Borrower in arrears on the last first business day of each September, December, March and Junethe following month.
Appears in 1 contract
Samples: Credit Agreement (Motorcar Parts & Accessories Inc)
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten-hundredths one quarter of one percent (0.10.25%) per annum (computed on the basis of a 360-360 day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter monthly basis by Bank and shall be due and payable by Borrower in arrears on the last day of within five (5) days after each September, December, March and Junebilling is sent by Bank.
Appears in 1 contract
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten-hundredths one quarter percent (0.100.25%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last day of each September, December, March and Junequarter.
Appears in 1 contract
Samples: Credit Agreement (Iteris, Inc.)
Unused Commitment Fee. Borrower shall pay to Bank Lender a fee equal to ten-hundredths Zero and 50/100 percent (0.100.5%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Facility A Line of Credit, which fee shall be calculated on a calendar quarter monthly basis by Bank Lender and shall be due and payable by Borrower in arrears on the last 1st day of each Septembermonth, Decembercommencing on May 1, March and June2017.
Appears in 1 contract
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to teneighty-hundredths five thousandths percent (0.100.085%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last day of within ten (10) days after each September, December, March and Junebilling is sent by Bank.
Appears in 1 contract
Samples: Credit Agreement (Corvel Corp)
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten-hundredths percent (0.10%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of CreditCredit (i.e., the then applicable Line of Credit Amount minus Line of Credit Usage), which fee (the βUnused Commitment Feeβ) shall be calculated on a calendar quarter quarterly basis by Bank according to the table below and shall be due and payable quarterly by Borrower in arrears on the last day of within ten (10) days after each September, December, March and June.billing is sent by Bank:
1.8. Section 3.5 -
Appears in 1 contract
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to tenone-hundredths half of one percent (0.100.50%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit (with issued and outstanding Letters of Credit considered usage of the Line of Credit), which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last day first Business Day of each September, December, March and Junethe following quarter.
Appears in 1 contract
Samples: Credit Agreement (Conceptus Inc)
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to tenthirty-hundredths seven and one-half percent (0.10.375%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter basis by Bank and shall be due and payable by Borrower in arrears on the last fifth day of each September, December, March and Junecalendar quarter.
Appears in 1 contract
Samples: Credit Agreement (Gadzooks Inc)
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten-fifteen hundredths percent (0.100.15%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last first day of each Septemberquarter, Decembercommencing on June 1, March and June2016.
Appears in 1 contract
Samples: Credit Agreement (RGC Resources Inc)
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten-hundredths one quarter of one percent (0.100.25%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the fifth calendar day of the month following the last day of each September, December, March and Junecalendar quarter.
Appears in 1 contract
Samples: Credit Agreement (Chegg, Inc)
Unused Commitment Fee. Borrower shall pay to Bank Lender a fee equal to ten-hundredths Zero and 50/100 percent (0.100.5%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Facility B Line of Credit, which fee shall be calculated on a calendar quarter monthly basis by Bank Lender and shall be due and payable by Borrower in arrears on the last 1st day of each Septembermonth, Decembercommencing on May 1, March and June2017.
Appears in 1 contract
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten-hundredths one quarter of one percent (0.100.25%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Corporate Revolving Line of Credit and the Asset Based Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last day of within ten (10) days after each September, December, March and Junebilling is sent by Bank.
Appears in 1 contract
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to tenfive one-hundredths percent (0.100.05%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last day fifth (5th) Business Date of each Septembercalendar quarter, Decemberfor the immediately preceding calendar quarter, March and Junecommencing on April 1, 2022.
Appears in 1 contract
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to tenone and twenty-five hundredths percent (0.100.125%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last day of each Septemberquarter, Decembercommencing on September 30, March and June2017."
Appears in 1 contract
Unused Commitment Fee. Borrower shall pay to Bank Lender a fee equal to ten-hundredths Zero and 50/100 percent (0.100.5%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Facility A Line of Credit, which fee shall be calculated on a calendar quarter monthly basis by Bank Lender and shall be due and payable by Borrower in arrears on the last 1st day of each Septembermonth, Decembercommencing on September 1, March and June2016.
Appears in 1 contract
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to tenone-hundredths eighth percent (0.100. 125%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last first day of each SeptemberMarch, June, September and December, March and Junecommencing December 1, 2001.
Appears in 1 contract
Unused Commitment Fee. From and after the Effective Date, Borrower shall pay to Bank a commitment fee equal to ten-hundredths one half percent (0.100.50%) per annum (computed on the basis of a 360-day year, actual days elapsed) on times the average daily unused amount portion of the Line of Credit, which . Such commitment fee shall be calculated on a calendar quarter basis by Bank and shall be due and payable by Borrower quarterly in arrears on the last day of each September, December, March calendar quarter and Juneon the Line of Credit Termination Date.
Appears in 1 contract
Samples: Credit Agreement (Symmetricom Inc)
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to tenthirty-five one hundredths of one percent (0.100.35%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last first day of each Septemberquarter, Decembercommencing on April 1, March and June2015.
Appears in 1 contract
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten-hundredths percent (0.10%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of CreditCredit at the Applicable Rate, which fee shall be calculated on a calendar quarter basis quarterly in arrears by Bank and shall be due and payable by Borrower in arrears on the last day of within ten (10) Business Days after each September, December, March and Junebilling is sent by Bank.
Appears in 1 contract
Unused Commitment Fee. Borrower shall pay to Bank a fee at a rate per annum equal to ten-hundredths percent (0.10%) per annum the Applicable Rate (computed on the basis of a 360-day year, actual days elapsed) on times the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter basis by Bank and shall be due and payable by Borrower in arrears on the last day of within ten (10) days after each September, December, March and Junemonthly billing is sent by Bank.
Appears in 1 contract
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten-hundredths one eighth of one percent (0.10.125%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter basis by Bank and shall be due and payable by Borrower in arrears on the last day of within ten (10) days after each September, December, March and Junebilling is sent by Bank.
Appears in 1 contract
Samples: Credit Agreement (Cray Inc)
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to tenone-hundredths eighth percent (0.10.125%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter monthly basis by Bank and shall be due and payable by Borrower borrower in arrears on the last day of each September, December, March and Junemonth.
Appears in 1 contract
Samples: Letter Amendment (Avigen Inc \De)
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to tenone-hundredths half percent (0.100.50%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter basis by Bank and shall be due and payable by Borrower in arrears on the last day of each SeptemberJune 30, DecemberSeptember 30, December 31 and March and June31.
Appears in 1 contract
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten-fifteen hundredths percent (0.10{0.15%) per annum ({computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last first day of each Septemberquarter, Decembercommencing on June 1, March and June2015.
Appears in 1 contract
Samples: Credit Agreement (RGC Resources Inc)
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten-hundredths one quarter of one percent (0.100.25%) per annum (computed on the basis of a three hundred sixty (360-) day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last day of each September, December, March and Junecalendar quarter.
Appears in 1 contract
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten-hundredths one quarter percent (0.10.25%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line line of Creditcredit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on each March 31, June 30, September 30, and December 31."
3. Section 7.2. is hereby deleted in its entirety, and the last day of each September, December, March and June.following substituted therefor:
Appears in 1 contract
Samples: Credit Agreement (Pro Dex Inc)
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to tenone-hundredths quarter percent (0.10.25%) per annum (computed on the basis of a 360365-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter monthly basis by Bank and shall be due and payable by Borrower in arrears on the last day of each Septembermonth, December, March and Junecommencing the last day of the month following the initial advance made under the Line of Credit Note.
Appears in 1 contract
Samples: Credit Agreement (Acr Group Inc)
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten-hundredths percent (0.10%) 0.15% per annum (computed on the basis of a three hundred sixty (360-) day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last day of each September, December, March and Junefiscal quarter.
Appears in 1 contract
Samples: Credit Agreement (Surmodics Inc)
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to tenone hundredth eighty-hundredths five thousandths percent (0.100.185%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last day of each Septemberquarter, Decembercommencing on September 30, March and June2016.
Appears in 1 contract
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to tenone-hundredths half percent (0.10%0.50) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter monthly basis by Bank and shall be due and payable by Borrower in arrears on the last day of each September, December, March and Junearrears.
Appears in 1 contract
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten-fifteen hundredths percent (0.10.15%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last day date of each Septemberthis agreement, December, March and Junethen the fee shall be calculated on the full amount of the increased Line of Credit.β
Appears in 1 contract
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to tenone-hundredths eighth percent (0.100.125%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last day of each SeptemberMarch 31, DecemberJune 30, March September 30 and JuneDecember 31.
Appears in 1 contract
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten-five hundredths of one percent (0.100.05%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last day of within ten (10) days after each September, December, March and Junebilling is sent by Bank.
Appears in 1 contract
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to tenone-hundredths eighth percent (0.100.125%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last day of each Septemberxx xxxx March, June, September and December, March and June.
Appears in 1 contract
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten-hundredths one quarter of one percent (0.10.25%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line Letter of CreditCredit Line, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last day of within ten (10) days after each September, December, March and Junebilling is sent by Bank.
Appears in 1 contract
Samples: Credit Agreement (Evans & Sutherland Computer Corp)
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten-fifteen hundredths percent (0.100.15%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last day of each SeptemberMarch, June, September and December, March and June.
Appears in 1 contract
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten-one hundred fifteen hundredths percent (0.100.150%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last day of each SeptemberMarch, June, September and December."
8. Paragraph V.8. is hereby deleted in its entirety, March and June.the following substituted therefor:
Appears in 1 contract
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to tenone-hundredths quarter percent (0.10.25%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last day of within thirty (30) days after each September, December, March and Junebilling is sent by Bank.
Appears in 1 contract
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to tenone-hundredths eighth percent (0.100.125%) per annum (computed on the basis of a 360-day year, . actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter fiscal quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last day of within ten days after each September, December, March and Junebilling is sent by Bank.
Appears in 1 contract
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten-hundredths three tenths percent (0.10.30%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter 360 basis by Bank and shall be due and payable by Borrower in arrears on the last day of each September, December, March and Junequarter end.
Appears in 1 contract
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten-hundredths zero point three zero percent (0.100.30%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter monthly basis by Bank and shall be due and payable by Borrower in arrears on the last day of each September, December, March and Junethe month.
Appears in 1 contract
Samples: Credit Agreement (Cost U Less Inc)
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten-hundredths one quarter percent (0.10.25%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter basis by Bank and shall be due and payable by Borrower in arrears on the last day of each September, December, March and Junecalendar quarter.
Appears in 1 contract
Samples: Revolving Line of Credit Agreement (Gametech International Inc)
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten-hundredths percent (0.10%) 0.185% per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last day of within thirty (30) days after each September, December, March and Junebilling is sent by Bank.
Appears in 1 contract
Samples: Credit Agreement (Expeditors International of Washington Inc)
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten--------------------- three-hundredths eighths percent (0.100.375%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last day of within five (5) days after each September, December, March and Junebilling is sent by Bank.
Appears in 1 contract
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to tenone-hundredths half percent (0.100.50%) per annum (computed on the basis of a 360-day year360 day, actual days elapsed) on the average daily unused amount of the Line of Creditamount, which fee shall be calculated on a calendar quarter basis by Bank and shall be due and payable by Borrower in arrears on the last day of each SeptemberMarch 31, DecemberJune 30, March September 30 and JuneDecember 31.
Appears in 1 contract
Samples: Loan Agreement (Thomas Weisel Partners Group, Inc.)
Unused Commitment Fee. Borrower shall pay to Bank a at the end of each calendar month an unused commitment fee equal to ten-hundredths four tenths of one percent (0.10.40%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of CreditCredit A, which fee shall be calculated on a calendar quarter monthly basis by Bank and shall be due and payable by Borrower in arrears on the last day of within ten (10) days after each September, December, March and Junebilling is sent by Bank.
Appears in 1 contract
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten-hundredths one quarter of one percent (0.100.25%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last first day of each Septemberfiscal quarter, December, March and Junecommencing on the first of such date following the date hereof.
Appears in 1 contract
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to tenone-hundredths fifth percent (0.10.20%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last day of within thirty (30) days after each September, December, March and Junebilling is sent by Bank.
Appears in 1 contract
Samples: Credit Agreement (Dionex Corp /De)
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten-hundredths one --------------------- quarter percent (0.100.25%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last day of each September, December, March and Junearrears.
Appears in 1 contract
Samples: Revolving Line of Credit Agreement (Hughes B Wayne Et Al)
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to tenone-hundredths eights percent (0.100.125%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average Xxxxxxx Business Services, Inc. May 30, 1997 Page 5 daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last day of each SeptemberMarch, June, September and December, March and June.
Appears in 1 contract
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten-hundredths one quarter percent (0.100.25%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of or Credit, which Which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last 10th day of each September, December, March and Junecalendar quarter.
Appears in 1 contract
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to tenone-hundredths quarter of one percent (0.100.25%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter basis by Bank and shall be due and payable by Borrower in arrears on the last day of within ten (10) days after each September, December, March and Junebilling is sent by Bank.
Appears in 1 contract
Samples: Credit Agreement (Natrol Inc)
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to tenone-hundredths half percent (0.10.50%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter basis by Bank and shall be due and payable by Borrower in arrears on the last fifth day of each September, December, March and Junecalendar quarter.
Appears in 1 contract
Samples: Credit Agreement (Gadzooks Inc)
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to tenthree hundred and seventy-hundredths five one thousandths of one percent (0.10.375%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last day of within ten (10) days after each September, December, March and Junebilling is sent by Bank.
Appears in 1 contract
Samples: Credit Agreement (Cray Inc)
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten-hundredths percent (0.10%) per annum (computed on the 20 basis of a 360-day year, actual days elapsed) points on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter 360 day basis by Bank and shall be due and payable quarterly by Borrower in arrears on the last day of each September, December, March and Junearrears.
Appears in 1 contract
Samples: Bank Line of Credit Agreement (Check Technology Corp)
Unused Commitment Fee. Borrower shall pay to Bank Lender a fee equal to ten-hundredths the percent (0.10%) amount per annum (computed on the basis of a 360-day year, actual days elapsed) specified in Section 2.6(b) below on the average daily unused amount of the Line of CreditCredit Availability, which fee shall be calculated on a calendar quarter quarterly basis by Bank Lender and shall be due and payable debited by Borrower in arrears Lender from the Account on the last first day of each Septembercalendar quarter, Decembercommencing on October 1, March and June2005.
Appears in 1 contract
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten-hundredths one tenth of a percent (0.10%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last day of within thirty (30) days after each September, December, March and Junebilling is sent by Bank.β
Appears in 1 contract
Samples: Credit Agreement (Rentrak Corp)
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten-hundredths one tenth of one percent (0.100.100%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last day of within ten (10) days after each September, December, March and Junebilling is sent by Bank.
Appears in 1 contract
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to tenone-hundredths tenth percent (0.10%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of CreditLoan Commitment, which fee shall be calculated on a calendar quarter monthly basis by Bank and shall be due and payable by Borrower in arrears on the last day of within 30 days after each September, December, March and Junebilling is sent by Bank.
Appears in 1 contract
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to tenthree-hundredths eight percent (0.10.375%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter monthly basis by Bank and shall be due and payable by Borrower in arrears on the last day of within thirty (30) days after each September, December, March and Junebilling is sent by Bank.
Appears in 1 contract
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten-twelve hundredths percent (0.100.12%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter monthly basis by Bank and shall be due and payable by Borrower in arrears on the last day of within ten (10) days after each September, December, March and Junebilling is sent by Bank.
Appears in 1 contract
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten-hundredths point one five percent (0.10.15%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last day of within ten (10) days after each September, December, March and Junebilling is sent by Bank.
Appears in 1 contract
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to ten-hundredths one- --------------------- eighth percent (0.100.125%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter quarterly basis by Bank and shall be due and payable by Borrower in arrears on the last first day of each SeptemberMarch, June, September and December, March and June.
Appears in 1 contract
Unused Commitment Fee. Borrower shall pay to Bank a fee equal to tenone-hundredths half percent (0.100.50%) per annum (computed on the basis of a 360-360 day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter monthly basis by Bank and shall be due and payable by Borrower in arrears on the last day of within five (5) days after each September, December, March and Junebilling is sent by Bank.
Appears in 1 contract