Unused Fee. An unused line fee of one half of one percent (.50%) per annum of the daily average of the Maximum Revolver Amount reduced by outstanding Advances (the “Unused Amount”), from the date of this Agreement to and including the Termination Date, which unused line fee shall be payable monthly in arrears on the first day of each month and on the Termination Date.
Appears in 2 contracts
Samples: Credit and Security Agreement (Integrated Electrical Services Inc), Credit and Security Agreement (Integrated Electrical Services Inc)
Unused Fee. An unused line fee of one half one-quarter of one percent (.500.25%) per annum of the daily average of the Maximum Revolver Amount reduced by outstanding Advances (the “Unused Amount”), from the date of this Agreement to and including the Termination Date, which unused line fee shall be payable monthly in arrears on the first day of each month and on the Termination Date.
Appears in 2 contracts
Samples: Credit and Security Agreement (IES Holdings, Inc.), Credit and Security Agreement (IES Holdings, Inc.)
Unused Fee. An unused line fee of one half one-quarter of one percent (.500.25%) per annum of the daily average of the Maximum Revolver Amount reduced by outstanding Advances Revolver Usage and the amount of minimum Excess Availability required pursuant to Section 8.2 (the “Unused AmountLine Fee”), from the date of this Agreement to and including the Termination Date, which unused line fee shall be payable monthly in arrears on the first day of each month and on the Termination Date.
Appears in 2 contracts
Samples: Credit and Security Agreement (COUPONS.com Inc), Credit and Security Agreement (COUPONS.com Inc)
Unused Fee. An unused line fee (the “Unused Fee”) of one half quarter of one percent (.500.25%) per annum of the daily average of the Maximum Revolver Amount reduced by outstanding Advances and Letter of Credit Usage (the “Unused Amount”), from the date of this Agreement to and including the Termination Date, which unused line fee shall be payable monthly in arrears on the first day of each month and on the Termination Date.. (b)
Appears in 1 contract
Samples: Credit and Security Agreement (Differential Brands Group Inc.)
Unused Fee. An unused line fee of one one-half of one percent (.50.5%) per annum of the daily average of the Maximum Revolver Amount (as the same may have increased pursuant to the terms of this Agreement) reduced by outstanding Advances and Letter of Credit Usage (the “Unused Amount”), from the date of this Agreement to and including the Termination Date, which unused line fee shall be payable monthly in arrears on the first day of each month and on the Termination Date.
Appears in 1 contract
Samples: Credit and Security Agreement (SAExploration Holdings, Inc.)
Unused Fee. An unused line fee of one half quarter of one percent (.500.25%) per annum of the daily average of the Maximum Revolver Amount reduced by outstanding Advances and Letter of Credit Usage and the Excess Availability Reserve (the “Unused Amount”), from the date of this Agreement to and including the Termination Date, which unused line fee shall be payable monthly in arrears on the first day of each month and on the Termination Date.. (b)
Appears in 1 contract
Samples: Credit and Security Agreement (Orion Energy Systems, Inc.)
Unused Fee. An unused line fee of one half quarter of one percent (.500.25%) per annum of the daily average of the Maximum Revolver Amount reduced by outstanding Advances Advances, Letter of Credit Usage and the Excess Availability Reserve (if any) and the minimum required Excess Availability under Section 8.1 (the “Unused Amount”), from the date of this Agreement to and including the Termination Date, which unused line fee shall be payable monthly in arrears on the first day of each month and on the Termination Date.
Appears in 1 contract
Samples: Credit and Security Agreement (Orion Energy Systems, Inc.)
Unused Fee. An unused line fee of one half of one percent (.50%) 0.50% per annum of the daily average of the Maximum Revolver Amount reduced by outstanding Advances Advances, Letter of Credit Usage, and the Block Amount (the “Unused Amount”), from the date of this Agreement to and including the Termination Date, which unused line fee shall be payable monthly in arrears on the first day of each month and on the Termination Date.. (b)
Appears in 1 contract
Unused Fee. An unused line fee of one half three eighths of one percent (.500.375%) per annum of the daily average of the Maximum Revolver Amount reduced by outstanding Advances (the “Unused Amount”)Revolver Usage, from the date of this Agreement to and including the Termination Date, which unused line fee shall be payable monthly in arrears on the first day of each month and on the Termination Date.. (c)
Appears in 1 contract
Samples: Credit and Security Agreement (Albany Molecular Research Inc)
Unused Fee. An unused line fee of one half three-eighths of one percent (.50.375%) per annum of the daily average of the Maximum Revolver Amount reduced by outstanding Advances (the “Unused Amount”), from the date of this Agreement to and including the Termination Date, which unused line fee shall be payable monthly in arrears on the first day of each month and on the Termination Date.”
Appears in 1 contract
Samples: Credit and Security Agreement (Integrated Electrical Services, Inc.)
Unused Fee. An unused line fee of one half three-tenths of one percent (.500.30%) per annum of the daily average of the Maximum Revolver Amount reduced by outstanding Advances and Letter of Credit Usage (the “Unused Amount”), from the date of this Agreement to and including the Termination Date, which unused line fee shall be payable monthly in arrears on the first day of each month and on the Termination Date.
Appears in 1 contract
