Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Commitment and the amount of credit it actually uses, determined by the weighted average loan balance maintained during the specified period. The fee will be calculated at 1/4% per year. This fee is due on July 1, 1998 and on the 1st day of each following quarter, until the expiration of the availability period.
Appears in 1 contract
Sources: Business Loan Agreement (Ventana Medical Systems Inc)
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Commitment and the amount of credit it actually uses, determined by the weighted average loan balance maintained daily amount of credit outstanding during the specified period. The fee will be calculated at 1/40.2% per year. This The fee is due on July 1November 30, 1998 2011 and on the 1st last day of each following quarter, until the expiration of the availability periodquarter thereafter.
Appears in 1 contract
Sources: Loan Agreement (Move Inc)
Unused Commitment Fee. The Borrower agrees to pay the Bank a fee on any difference between the Commitment and the amount of credit it actually uses, determined by the weighted average loan balance maintained during the specified period. The fee will be calculated at 1/43/8% per year. This fee is due on July 1, 1998 and year on the 1st last day of each following quarter, until starting on February 14, 1997 and continuing through the expiration of the availability periodExpiration Date.
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Unused Commitment Fee. The Borrower agrees Borrowers agree to pay a fee on any difference between the Commitment Credit Limit amount and the amount of credit it actually uses, determined by the weighted average loan balance maintained during the specified period. The fee will be calculated at 1/40.50% per year. This fee is due on July 1, 1998 and on as of the 1st last day of each following quarter, quarter until the expiration of the availability period, and is payable upon billing by Bank.
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Unused Commitment Fee. The Borrower agrees to pay a fee of 3/8% per annum on any difference between the Commitment and the amount of credit it actually uses, determined by the weighted average loan balance maintained during the specified periodprior fiscal quarter. The fee will be calculated at 1/4% per yearas of the end of each fiscal quarter. This fee is due on July 1January 10, 1998 1998, and on the 1st 10th day of each following quarter, 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 Commitment and the amount of credit it actually uses, determined by the weighted average loan balance maintained daily amount of credit outstanding during the specified period. The fee will be calculated at 1/4% per yearthe Applicable Rate. This fee is due quarterly in arrears commencing on July 1September 30, 1998 2013, and continuing on the 1st last day of each following quarter, quarter until the expiration of the availability periodperiod hereunder.
Appears in 1 contract
Sources: Revolving Credit Loan Agreement (Breeze-Eastern Corp)
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Commitment and the amount of credit it actually uses, determined by the weighted average loan balance maintained daily amount of credit outstanding during the specified period. The fee will be calculated at 1/4% per yearthe Applicable Rate. This fee is due on July 1September 30, 1998 2017, and on the 1st last day of each following quarter, 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 Commitment Credit Limit and the amount of credit it actually uses, determined by the weighted average loan balance maintained credit outstanding during the specified period. The fee will be calculated at 1/40.20% per year. This fee is due on July 1, 1998 and on the 1st first day of each following quarter, month until the expiration of the availability periodExpiration Date.
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Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Commitment amount available under the Aggregate Commitments and the amount of credit it actually usesOutstanding Amounts, determined by the weighted average loan balance maintained of the daily amount of credit outstanding during the specified periodprior quarter (“Unused Amount”). The fee will be calculated at 1/40.15% per yearyear times the Unused Amount. This fee is payable on a quarterly basis and is due on July 1, 1998 the 5th day after the end of the applicable calendar quarter and is due on the 1st day of each following quarter, until the expiration of the availability periodMaturity Date.
Appears in 1 contract
Sources: Credit Agreement (Bairnco Corp /De/)
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Commitment and the amount of credit it actually uses, determined by the weighted average loan balance maintained of the daily amount of credit outstanding during the specified period. The fee will be calculated at 1/40.15% per year. This fee is due on July the first day of the second month following each calendar quarter commencing on October 1, 1998 2007 and continuing until the Expiration Date and on the 1st day of each following quarter, until the expiration of the availability periodExpiration Date.
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Unused Commitment Fee. The Subject to the provisions of Section 2.3 hereof, the Borrower agrees to pay a fee on any difference between the Commitment and the amount of credit it actually uses, determined by the weighted average loan balance maintained during the specified period. The fee will be calculated at 1/40.25% per year. This fee is due on July 1September 30, 1998 and on the 1st last day of each following quarter, quarter until the expiration of the availability period.
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Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Commitment and the amount of credit it actually uses, determined by the weighted average loan balance maintained credit outstanding during the specified period. The fee will be calculated at 1/40.125% per year. This fee is due on July January 1, 1998 1998, and on the 1st first day of each following quarter, quarter until the expiration of the availability period.
Appears in 1 contract
Sources: Business Loan Agreement (Arterial Vascular Engineering Inc)
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Revolving Loan Commitment and the amount of credit it actually uses, determined by the weighted average loan balance maintained of the daily amount of credit outstanding during the specified period. The fee will be calculated at 1/40.30% per year. This The fee is due on July 1, 1998 and payable monthly on the 1st day of each following quarter, until the expiration of the availability periodInterest Payment Date.
Appears in 1 contract
Sources: Loan Agreement (DLH Holdings Corp.)
Unused Commitment Fee. The Borrower agrees to pay a fee on any --------------------- difference between the Commitment and the amount of credit it actually uses, determined by the weighted average loan balance maintained during the specified period. The fee will be calculated at 1/4.25% per year. This fee is due on September 30, 1997, and quarterly thereafter until July 131, 1998 and on the 1st day of each following quarter, until the expiration of the availability period1999.
Appears in 1 contract
Sources: Business Loan Agreement (Prolong International Corp)
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Commitment and the amount of credit it actually uses, determined by the weighted average loan balance maintained of the daily amount of credit outstanding during the specified period. The fee will be calculated at 1/40.25% per year. This The fee is due on July 1March 31, 1998 2003, and on the 1st last day of each following quarter, quarter thereafter until the expiration of the availability period.
Appears in 1 contract
Sources: Business Loan Agreement (Motorcar Parts & Accessories Inc)
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Commitment and the amount of credit it actually uses, determined by the weighted average loan balance maintained credit outstanding during the specified period. The fee will be calculated at 1/40.20% 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, 1998 and on the 1st day of each following quarter, will be payable quarterly in arrears until the expiration of the availability period.
Appears in 1 contract
Sources: Business Loan Agreement (Pacific Sunwear of California Inc)
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Commitment Credit Limit and the amount of credit it actually uses, determined by the weighted average loan balance maintained daily amount of credit outstanding during the specified period. The fee will be calculated at 1/4% per yearone-fifth of one percent (0.20%). This fee is due on July 1September 30, 1998 2021, and on the 1st same day of each following quarter, 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 Commitment and the amount of credit it actually uses, determined by the weighted average loan balance maintained daily amount of credit outstanding during the specified period. The fee will be calculated at 1/40.25% per year. This fee is due on July 1June 30, 1998 2024, and on the 1st last day of each following quarter, quarter until the expiration of the availability period.
Appears in 1 contract
Sources: Loan Agreement (Lifevantage Corp)