Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount and the amount of credit it actually uses, determined by the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.125% per year. This fee is due on July 1, 2010, and on the first day of each following quarter until the expiration of the availability period.
Appears in 2 contracts
Samples: Loan Agreement (K Swiss Inc), Loan Agreement (K Swiss Inc)
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the daily amount of credit outstanding during the specified period. The which fee will be calculated daily at 0.125% two-tenths of one percent (0.20%) per yearyear based on the daily unused Commitment. This The fee is due payable quarterly in arrears, commencing on April 1, 2018 and continuing on each July 1, 2010October 1, January 1 and on April 1 thereafter through the first day of each following quarter until the expiration full and final repayment of the availability periodLoan and the termination of the Commitment.
Appears in 2 contracts
Samples: Line of Credit Loan Agreement, Line of Credit Loan Agreement (Limoneira CO)
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the daily amount of weighted average credit outstanding during the specified period. The fee will be calculated at 0.125% per year. This fee is due on July January 1, 20101998, and on the first day of each following quarter until the expiration of the availability period.
Appears in 1 contract
Samples: Business Loan Agreement (Arterial Vascular Engineering Inc)
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.1250.25% per year. This fee is due on July 1June 30, 20102024, and on the first last day of each following quarter until the expiration of the availability period.
Appears in 1 contract
Samples: Loan Agreement (Lifevantage Corp)
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Credit Limit and the amount of credit it actually uses, determined by the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.125% per yearone-fifth of one percent (0.20%). This fee is due on July 1September 30, 20102021, and on the first same day of each following quarter until the expiration of the availability period.
Appears in 1 contract
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Credit Limit and the amount of credit it actually uses, determined by the daily amount of weighted average credit outstanding during the specified period. The fee will be calculated at 0.1250.20% per year. This fee is due on July 1, 2010, and on the first day of each following quarter month until the expiration of the availability periodExpiration Date.
Appears in 1 contract
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the daily amount of credit outstanding weighted average loan balance maintained during the specified period. The fee will be calculated at 0.1251/4% per year. This fee is due on July 1, 2010, 1998 and on the first 1st day of each following quarter quarter, until the expiration of the availability period.
Appears in 1 contract
Samples: Business Loan Agreement (Ventana Medical Systems Inc)
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount maximum principal amount available under the Revolving Note (being $15,000,000.00) and the amount of credit it actually uses, determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.125% per yearbased on the Applicable Margin for Unused Commitment Fees in effect from time to time. This fee is due in arrears on July 1December 31, 20102003, and on the first last day of each following quarter successive third calendar month thereafter until and including the expiration of the availability periodTermination Date.
Appears in 1 contract
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the daily amount of weighted average credit outstanding during the specified period. The fee will be calculated at 0.1250.20% per year. This The calculation of credit outstanding shall include undrawn amounts of letters of credit and shipside bonds. The fee is due on July 1, 2010, and on the first day of each following quarter will be payable quarterly in arrears until the expiration of the availability period.
Appears in 1 contract
Samples: Business Loan Agreement (Pacific Sunwear of California Inc)
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount amount available under the Aggregate Commitments and the amount of credit it actually usesOutstanding Amounts, determined by the average of the daily amount of credit outstanding during the specified periodprior quarter (“Unused Amount”). The fee will be calculated at 0.1250.15% per yearyear times the Unused Amount. This fee is payable on a quarterly basis and is due on July 1, 2010, the 5th day after the end of the applicable calendar quarter and is due on the first day of each following quarter until the expiration of the availability periodMaturity Date.
Appears in 1 contract
Samples: Credit Agreement (Bairnco Corp /De/)
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.1250.15% per year. This fee is due on July 1, 2010, and on the first day of the second month following each following calendar quarter commencing on October 1, 2007 and continuing until the expiration of Expiration Date and on the availability periodExpiration Date.
Appears in 1 contract
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the average of the daily amount of credit outstanding during the specified period. The calculation of credit outstanding shall include the undrawn amount of letters of credit. The fee will be calculated at 0.1250.25% per year. This The fee is due monthly in arrears, commencing on July 1August 31, 20102004, and on the first last day of each following quarter month thereafter until the expiration of the availability period.
Appears in 1 contract
Unused Commitment Fee. The Borrower agrees to pay a fee of 3/8% per annum on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the daily amount of credit outstanding weighted average loan balance maintained during the specified periodprior fiscal quarter. The fee will be calculated at 0.125% per yearas of the end of each fiscal quarter. This fee is due on July 1January 10, 20101998, and on the first 10th day of each following fiscal quarter until the expiration of the availability period.
Appears in 1 contract
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the daily amount of weighted average credit outstanding during the specified period. The fee will be calculated at 0.1250.25% per year. This The calculation of credit outstanding shall include the undrawn amount of letters of credit. The fee is due on will be payable quarterly in arrears, commencing July 1, 20102001 for the quarter ending June 30, and on the first day of each following quarter until the expiration of the availability period2001.
Appears in 1 contract
Samples: Business Loan Agreement (Global Vacation Group Inc)
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Revolving Loan Commitment and the amount of credit it actually uses, determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.1250.30% per year. This The fee is due on July 1, 2010, and payable monthly on the first day of each following quarter until the expiration of the availability periodInterest Payment Date.
Appears in 1 contract
Samples: Loan Agreement (DLH Holdings Corp.)
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.1250.25% per year. This The fee is due on July 1March 31, 20102003, and on the first last day of each following quarter thereafter until the expiration of the availability period.
Appears in 1 contract
Samples: Business Loan Agreement (Motorcar Parts & Accessories Inc)
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Credit Limit and the amount of credit it actually uses, determined by the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.1250.25% per year. This fee is due on July 1April 30, 20102019, and on the first last day of each following quarter month until the expiration of the availability period.
Appears in 1 contract
Samples: Loan Agreement (CUI Global, Inc.)
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Revolving Commitment and the amount of credit it actually uses, determined by the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.125% per yearthe Applicable Rate. This fee is due on July 1, 2010the last day of the calendar month following the Closing Date, and on the first last day of each following quarter until the expiration of the availability period.
Appears in 1 contract
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.1250.2% per year. This The fee is due on July 1November 30, 2010, 2011 and on the first last day of each following quarter until the expiration of the availability periodthereafter.
Appears in 1 contract
Samples: Loan Agreement (Move Inc)
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Revolving Credit Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.1250.25% per year. This fee is due on July 1December 31, 20102015, and on the first last day of each following quarter and on the Revolving Facility Expiration Date until the expiration of the availability periodAvailability Period.
Appears in 1 contract
Samples: Loan Agreement (Versar Inc)
Unused Commitment Fee. The Borrower agrees to pay a fee on any --------------------- difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the daily amount of credit outstanding weighted average loan balance maintained during the specified period. The fee will be calculated at 0.125.25% per year. This fee is due on July 1September 30, 20101997, and on the first day of each following quarter quarterly thereafter until the expiration of the availability periodJuly 31, 1999.
Appears in 1 contract
Samples: Business Loan Agreement (Prolong International Corp)
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.125% per yearthe Applicable Rate. The calculation of credit outstanding shall include the undrawn amount of letters of credit. This fee is due on July 1August 31, 20102007, and on the first last day of each following quarter month until the expiration of the availability period.
Appears in 1 contract
Samples: Loan Agreement (Sport Chalet Inc)
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit the Line of Credit it actually uses, determined by the average of the daily amount of credit outstanding under the Line of Credit during the specified period. The fee will be calculated at 0.125% a rate per year. This fee is due on July year equal to the "Fee Margin" as determined in accordance with Section 1, 2010, and on the first day of each following quarter until the expiration of the availability period.
Appears in 1 contract
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference --------------------- between the Facility No. 1 Available Amount maximum principal amount available under this Note and the amount of credit it actually uses, determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.1250.25% per year. The calculation of credit outstanding shall include the undrawn amount of letters of credit. This fee is due on July October 1, 20102001, and on the first day of each following quarter until the expiration of the availability periodof advances under this Note.
Appears in 1 contract
Samples: Quarterly Report
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.125% per yearthe Applicable Rate. This fee is due quarterly in arrears commencing on July 1September 30, 20102013, and continuing on the first last day of each following quarter until the expiration of the availability periodperiod hereunder.
Appears in 1 contract
Samples: Revolving Credit Loan Agreement (Breeze-Eastern Corp)
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.125% per yearthe Applicable Rate. This fee is due on July 1September 30, 20102017, and on the first last day of each following quarter until the expiration of the availability period.
Appears in 1 contract
Unused Commitment Fee. The Borrower agrees to pay the Bank a fee on any difference between the Facility No. 1 Available Amount amount of the Commitment and the amount of credit it the Borrower actually usesutilizes (including for such purposes any letters of credit outstanding) under the Facility, determined by the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.1250.25% per year. This fee is due year and shall be payable, in arrears, on July 1each Payment Date, 2010commencing March 31, and on the first day of each following quarter until the expiration of the availability period2012.
Appears in 1 contract
Samples: Loan Agreement (Martha Stewart Living Omnimedia Inc)