Common use of Unused Fee Percentage Clause in Contracts

Unused Fee Percentage. With respect to any day during a calendar quarter, (i) 0.15% per annum, if the sum of the Revolving Credit Loans and Letter of Credit Liabilities outstanding on such day is more than or equal to 50% of the Total Revolving Credit Commitment, or (ii) 0.25% per annum if the sum of the Revolving Credit Loans and Letter of Credit Liabilities outstanding on such day is less than 50% of the Total Revolving Credit Commitment.

Appears in 2 contracts

Samples: Senior Secured Credit Agreement (Healthcare Trust, Inc.), Senior Secured Credit Agreement (Healthcare Trust, Inc.)

AutoNDA by SimpleDocs

Unused Fee Percentage. With respect to any day during a calendar quarter, (i) 0.15% per annum, annum if the sum of the Revolving Credit Loans and Letter the face amount of Letters of Credit Liabilities outstanding Outstanding on such day is more than or equal to 50% or more of the Total Revolving Credit Commitment, or (ii) 0.250.20% per annum if the sum of the Revolving Credit Loans and Letter the face amount of Letters of Credit Liabilities outstanding Outstanding on such day is less than 50% of the Total Revolving Credit Commitment.

Appears in 1 contract

Samples: Credit Agreement (GTJ Reit, Inc.)

Unused Fee Percentage. With respect to any day during a calendar quarter, (i) 0.15% per annum, annum if the sum of the Revolving Credit Loans and Letter the face amount of Letters of Credit Liabilities outstanding Outstanding on such day is more than or equal to 50% or more of the Total Revolving Credit Commitment, or (ii) 0.250.20% per annum if the sum of the Revolving Credit Loans and Letter the face amount of Letters of Credit Liabilities outstanding Outstanding on such day is less than 50% of the Total Revolving Credit Commitment.. US_ACTIVE\121755035\V-6

Appears in 1 contract

Samples: Credit Agreement (GTJ Reit, Inc.)

Unused Fee Percentage. With respect to any day during a calendar quarter, (ia) 0.15% per annum, if the sum of the Revolving Credit Loans and Letter of Credit Liabilities outstanding on such day is more than or equal to 50% or more of the Total Revolving Credit Commitment, or (iib) 0.25% per annum if the sum of the Revolving Credit Loans and Letter of Credit Liabilities outstanding on such day is less than 50% of the Total Revolving Credit Commitment.

Appears in 1 contract

Samples: Credit Agreement (Carter Validus Mission Critical REIT, Inc.)

Unused Fee Percentage. With respect to any day during a calendar quarter, (i) 0.15% per annum, if the sum of the Revolving Credit Loans and Letter of Credit Liabilities outstanding on such day is more than or equal to 50% of the Total Revolving Credit Commitment, or (ii) 0.250.20% per annum if the sum of the Revolving Credit Loans and Letter the face amount of Letters of Credit Liabilities outstanding Outstanding on such day is 50% or more of the Total Commitment, or (ii) 0.30% per annum if the sum of the Loans and the face amount of Letters of Credit Outstanding on such day is less than 50% of the Total Revolving Credit Commitment.

Appears in 1 contract

Samples: Credit Agreement (GTJ REIT, Inc.)

AutoNDA by SimpleDocs

Unused Fee Percentage. With respect to any day during a calendar quarter, (ia) 0.150.25% per annum, if the sum of the Revolving Credit Loans and Letter of Credit Liabilities outstanding on such day is more than or equal to 50% of the Total Revolving Credit Commitment, or (iib) 0.250.30% per annum if the sum of the Revolving Credit Loans and Letter of Credit Liabilities outstanding on such day is less than or equal to 50% of the Total Revolving Credit Commitment.

Appears in 1 contract

Samples: Credit Agreement (Jernigan Capital, Inc.)

Unused Fee Percentage. With respect to any day during a calendar quarter, (i) 0.150.20% per annum, if the sum of the Revolving Credit Loans and Letter of Credit Liabilities outstanding on such day is more than or equal to 50% of the Total Revolving Credit Commitment, or (ii) 0.250.30% per annum if the sum of the Revolving Credit Loans and Letter of Credit Liabilities outstanding on such day is less than or equal to 50% of the Total Revolving Credit Commitment.

Appears in 1 contract

Samples: Credit Agreement (Monogram Residential Trust, Inc.)

Unused Fee Percentage. With respect to any day during a calendar quarter, (ia) 0.150.20% per annum, if the sum of the Revolving Credit Loans and Letter of Credit Liabilities outstanding on such day is more greater than or equal to 50% of the Total Revolving Credit Commitment, or (iib) 0.250.30% per annum if the sum of the Revolving Credit Loans and Letter of Credit Liabilities outstanding on such day is less than 50% of the Total Revolving Credit Commitment.

Appears in 1 contract

Samples: Credit Agreement (New Senior Investment Group Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!