Unused Fees. For each day during the term hereof that the Applicable Rate is determined pursuant to clause (a) of the definition of Applicable Rate, the Borrower shall pay a fee to the Administrative Agent for the pro rata benefit of the Lenders in an amount equal to the Unused Fee for such day. The Unused Fee shall be payable quarterly in arrears on the first Business Day of each calendar quarter and as of the Revolving Maturity Date.
Appears in 5 contracts
Samples: Credit Agreement (Phillips Edison & Company, Inc.), Credit Agreement (Phillips Edison & Company, Inc.), Credit Agreement (Phillips Edison & Company, Inc.)
Unused Fees. For each day during the term hereof that the Applicable Rate is determined pursuant to clause (a) of the definition of Applicable Rate, the Borrower shall pay a fee to the Administrative Agent for the pro rata benefit of the Lenders in an amount equal to the Daily Unused Fee for such dayday (all such fees incurred during any given calendar quarter constituting the “Unused Fees” for such quarter). The Unused Fee Fees shall be payable quarterly in arrears on the first Business Day of each calendar quarter and as of the Revolving Maturity Date.
Appears in 5 contracts
Samples: Credit Agreement (Cole Corporate Income Trust, Inc.), Credit Agreement (Cole Real Estate Investments, Inc.), Credit Agreement (Cole Real Estate Investments, Inc.)
Unused Fees. For each day during the term hereof that the Applicable Rate is determined pursuant to clause (a) of the definition of Applicable Rate, the Borrower shall pay a fee to the Administrative Agent for the pro rata benefit of the Revolving Lenders in an amount equal to the Daily Unused Fee for such dayday (all such fees incurred during any given calendar quarter constituting the “Unused Fees” for such quarter). The Unused Fee Fees shall be payable quarterly in arrears on the first Business Day of each calendar quarter and as of on the Revolving Maturity Date.
Appears in 4 contracts
Samples: Credit Agreement (Cole Real Estate Income Strategy (Daily Nav), Inc.), Credit Agreement (Cole Credit Property Trust V, Inc.), Credit Agreement (Cole Office & Industrial REIT (CCIT II), Inc.)
Unused Fees. For each day during the term hereof Availability Period that the Applicable Rate is determined pursuant to clause subsection (a) of the definition of Applicable Rate, the Borrower shall pay a fee to the Administrative Agent for the pro rata benefit of the Revolving Lenders in an amount equal to the Daily Unused Fee for such dayday (all such fees incurred during any given calendar quarter constituting the “Unused Fees” for such quarter). The Unused Fee Fees shall be payable quarterly in arrears on the first Business Day of each calendar quarter and as of on the Maturity Date for the Revolving Maturity DateLoans.
Appears in 2 contracts
Samples: Credit Agreement (Cim Real Estate Finance Trust, Inc.), Credit Agreement (Cole Credit Property Trust Iv, Inc.)
Unused Fees. For each day during the term hereof that the Applicable Rate is determined pursuant to clause (a) or (b) of the definition of Applicable Rate, the Borrower shall pay a fee to the Administrative Agent for the pro rata benefit of the Lenders in an amount equal to the Unused Fee for such day. The Unused Fee shall be payable quarterly in arrears on the first Business Day of each calendar quarter and as of the Revolving Maturity Date.
Appears in 2 contracts
Samples: Credit Agreement (Phillips Edison Grocery Center REIT III, Inc.), Credit Agreement (Phillips Edison - ARC Grocery Center REIT II, Inc.)
Unused Fees. For each day during the term hereof that the Applicable Rate is determined pursuant to clause (a) of the definition of Applicable Rate, the Borrower shall pay a fee to the Administrative Agent for the pro rata benefit of the Lenders in an amount equal to the Daily Unused Fee for such dayday (all such fees incurred during any given calendar quarter constituting the “Unused Fees” for such quarter). The Unused Fee Fees shall be payable quarterly in arrears on the first Business Day of each calendar quarter and as of on the Revolving Maturity Date.
Appears in 1 contract
Samples: Credit Agreement (Cole Credit Property Trust Iv, Inc.)
Unused Fees. For each day during the term hereof that the Applicable Rate is determined pursuant to clause (a) of the definition of Applicable Rate, the Borrower shall pay a fee to the Administrative Agent for the pro rata benefit of the Lenders in an amount equal to the Unused Fee for such day. The Unused Fee shall be payable quarterly in arrears on the first Business Day of each calendar quarter and as of the Revolving Maturity Date.
Appears in 1 contract
Samples: Credit Agreement (Phillips Edison - ARC Shopping Center REIT Inc.)
Unused Fees. For each day during the term hereof that the Applicable Rate is determined pursuant to clause (a) of the definition of Applicable Rate, the Borrower shall pay a fee to the Administrative Agent for the pro rata benefit of the Revolving Lenders in an amount equal to the Daily Unused Fee for such dayday (all such fees incurred during any given calendar quarter constituting the "Unused Fees" for such quarter). The Unused Fee Fees shall be payable quarterly in arrears on the first Business Day of each calendar quarter and as of on the Maturity Date for the Revolving Maturity DateLoans.
Appears in 1 contract
Samples: Credit Agreement (Cole Office & Industrial REIT (CCIT II), Inc.)
Unused Fees. For each day during the term hereof that the Applicable Rate is determined pursuant to clause (a) of the definition of Applicable Ratehereof, the Borrower shall pay a fee to the Administrative Agent for the pro rata benefit of the Revolving Lenders in an amount equal to the Daily Unused Fee for such dayday (all such fees incurred during any given calendar quarter constituting the “Unused Fees” for such quarter). The Unused Fee Fees shall be payable quarterly in arrears on the first Business Day of each calendar quarter and as of on the Maturity Date for the Revolving Maturity DateLoans.
Appears in 1 contract
Samples: Third Modification Agreement (Cole Credit Property Trust V, Inc.)
