Unused Fee Percentage. With respect to any day during a calendar quarter, (a) 0.20% per annum, if the sum of the Revolving Credit Loans, Swing Line Loans and Letter of Credit Liabilities outstanding on such day is more than 50% of the Total Commitment, or (b) 0.25% per annum if the sum of the Revolving Credit Loans, Swing Line Loans and Letter of Credit Liabilities outstanding on such day is less than or equal to 50% of the Total Commitment.
Appears in 3 contracts
Samples: Credit Agreement (Condor Hospitality Trust, Inc.), Composite Credit Agreement (Condor Hospitality Trust, Inc.), Credit Agreement (Condor Hospitality Trust, Inc.)
Unused Fee Percentage. With respect to any day during a calendar quarter, (a) 0.200.15% per annum, if the sum of the Dollar Equivalent of the Revolving Credit Loans, Swing Line Loans and Letter of Credit Liabilities outstanding on such day is more than 50% or more of the Total Revolving Credit Commitment, or (b) 0.25% per annum if the sum of the Dollar Equivalent of the Revolving Credit Loans, Swing Line 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 2 contracts
Samples: Credit Agreement (QTS Realty Trust, Inc.), Credit Agreement (QTS Realty Trust, Inc.)
Unused Fee Percentage. With respect to any day during a calendar quarter, (ai) 0.200.15% per annumannum if the sum of the Dollar Equivalent of the Revolving Credit Loans, the Swing Loans and the face amount of Letters of Credit Outstanding on such day is fifty percent (50%) or more of the Total Revolving Credit Commitment, or (ii) 0.25% per annum if the Dollar Equivalent of the sum of the Revolving Credit Loans, the Swing Line Loans and Letter the face amount of Letters of Credit Liabilities outstanding on such day is more than 50% of the Total Commitment, or (b) 0.25% per annum if the sum of the Revolving Credit Loans, Swing Line Loans and Letter of Credit Liabilities outstanding Outstanding on such day is less than or equal to fifty percent (50% %) of the Total Revolving Credit Commitment.
Appears in 1 contract
Unused Fee Percentage. With respect to any day during a calendar quarter, (ai) 0.200.15% per annum, annum if the sum of the Revolving Credit Loans, the Swing Line Loans and Letter the face amount of Letters of Credit Liabilities outstanding Outstanding on such day is fifty percent (50%) or more than 50% of the Total Revolving Credit Commitment, or (bii) 0.25% per annum if the sum of the Revolving Credit Loans, the Swing Line Loans and Letter the face amount of Letters of Credit Liabilities outstanding Outstanding on such day is less than or equal to fifty percent (50% %) of the Total Revolving Credit Commitment.
Appears in 1 contract
Unused Fee Percentage. With respect to any day during a calendar quarter, (a) 0.200.15% per annum, if the sum of the Revolving Credit Loans, Swing Line Loans and Letter of Credit Liabilities outstanding on such day is more than 50% or more of the Total Revolving Credit Commitment, or (b) 0.25% per annum if the sum of the Revolving Credit Loans, Swing Line 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
