Common use of Unused Line Fee Clause in Contracts

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.375% per annum times the result of (i) the Maximum Revolver Amount, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 9 contracts

Samples: Loan and Guaranty Agreement (Collective Brands, Inc.), Loan and Security Agreement (Trust Created February 25 1986), Loan and Security Agreement (Evergreen Holdings Inc)

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Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.375% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 7 contracts

Samples: Loan and Security Agreement (Cellstar Corp), Loan and Security Agreement (LSB Industries Inc), Loan and Security Agreement (Hypercom Corp)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.25% per annum times the result Average Unused Portion of (i) the Maximum Revolver Revolving Amount, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,;

Appears in 5 contracts

Samples: Loan and Security Agreement (Morrow Snowboards Inc), Loan and Security Agreement (Allied Healthcare Products Inc), Loan and Security Agreement (Celebrity Inc)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.375.375% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 4 contracts

Samples: Loan and Security Agreement (Special Devices Inc /De), Loan and Security Agreement (Harolds Stores Inc), Loan and Security Agreement (Peninsula Gaming Co LLC)

Unused Line Fee. On the first day of each month fiscal quarter during the term of this Agreement, an unused line fee in an amount equal to 0.3750.75% per annum times the result of (i) the Maximum Revolver Amount, less (ii) the sum of (A) the average Daily Balance of Advances Revolving Loans that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,, (such sum being the “Average Utilization”);

Appears in 3 contracts

Samples: Loan, Guaranty and Security Agreement (Gordmans Stores, Inc.), Loan, Guaranty and Security Agreement (Gordmans Stores, Inc.), Loan, Guaranty and Security Agreement (Gordmans Stores, Inc.)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3751/2% per annum times the result of (i) the Maximum Revolver Amount, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 3 contracts

Samples: Loan and Security Agreement (Swank, Inc.), Loan and Security Agreement (Swank, Inc.), Loan and Security Agreement (Swank, Inc.)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.25% per annum times the result Average Unused Portion of (i) the Maximum Revolver Amount, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,.

Appears in 3 contracts

Samples: Loan and Security Agreement (Aldila Inc), Loan and Security Agreement (National Media Corp), Loan and Security Agreement (K Tel International Inc)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.375% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 3 contracts

Samples: Loan Agreement (Arg Property Management Corp), Loan and Security Agreement (Cray Inc), Loan and Security Agreement (Communications & Power Industries Inc)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.3750.5% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 3 contracts

Samples: Loan and Security Agreement (Telos Corp), Loan and Security Agreement (Telos Corp), Loan and Security Agreement (Telos Corp)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.3750.50% per annum times the result of (i) the Maximum Revolver Amount, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 3 contracts

Samples: Loan and Security Agreement (Midway Games Inc), Loan and Security Agreement (Midway Games Inc), Loan and Security Agreement (Norstan Inc)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.25% per annum times the result of (i) the Maximum Revolver Amount, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 3 contracts

Samples: Loan and Security Agreement (Overstock Com Inc), Loan and Guaranty Agreement (Payless Shoesource Inc /De/), Loan and Security Agreement (Overstock Com Inc)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.50% per annum times the result of (i) the Maximum Revolver Amount, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 3 contracts

Samples: Loan and Security Agreement (Lazy Days R.V. Center, Inc.), Loan and Security Agreement (Interdent Inc), Loan and Security Agreement (eTelecare Global Solutions, Inc.)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.50% per annum times the result of (a) (i) the Maximum Revolver AmountAmount minus (ii) the Syndication Reserve, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 2 contracts

Samples: Loan and Security Agreement (Acme Communications Inc), Loan and Security Agreement (Acme Television LLC)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.375.50% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 2 contracts

Samples: Loan and Security Agreement (Hudson Highland Group Inc), Loan and Security Agreement (Hudson Highland Group Inc)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.3750.25% per annum times the result of (iA) the Maximum Revolver Amount, less (iiB) the sum of (Ax) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (By) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,.

Appears in 2 contracts

Samples: Loan and Security Agreement (Ultimate Electronics Inc), Loan and Security Agreement (Ultimate Electronics Inc)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.30% per annum times the result of (i) the Maximum Revolver Amount, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 2 contracts

Samples: Loan and Security Agreement (Shoe Pavilion Inc), Loan, Guaranty and Security Agreement (Payless Shoesource Inc /De/)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.25% per annum times the result of (ia) the Maximum Revolver Amount, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bb) the average Daily Balance of the Letter of Credit Revolver Usage during for the immediately preceding month,

Appears in 2 contracts

Samples: Loan and Security Agreement (Big Dog Holdings Inc), Loan and Security Agreement (Big Dog Holdings Inc)

Unused Line Fee. On the first day of each month calendar quarter during the term of this Agreement, an unused line fee in an amount equal to 0.3750.25% per annum times the result of (ia) the Maximum Revolver AmountLine, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding monthcalendar quarter, plus (Bii) the average Daily Balance of the Letter of Credit Usage L/C Amount during the immediately preceding month,calendar quarter, and plus (iii) the average Affiliate Obligations during the immediately preceding calendar quarter.

Appears in 2 contracts

Samples: Credit and Security Agreement (Pro Dex Inc), Credit and Security Agreement (Pro Dex Inc)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.3750.50% per annum times the result of (i) the Maximum Revolver Amount, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,.

Appears in 2 contracts

Samples: Unsecured Subordinated Loan Agreement (Midway Games Inc), Unsecured Loan Agreement (Midway Games Inc)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.25% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 2 contracts

Samples: Loan and Security Agreement (Factory Card Outlet Corp), Loan and Security Agreement (Leapfrog Enterprises Inc)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.3750.25% per annum times the result of (i) the Maximum Revolver Amount, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 2 contracts

Samples: Loan Agreement (Source Interlink Companies Inc), Loan Agreement (Source Interlink Companies Inc)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.375% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance daily balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 2 contracts

Samples: Loan and Security Agreement (Silicon Graphics Inc /Ca/), Loan and Security Agreement (Silicon Graphics Inc /Ca/)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.3750.50% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 2 contracts

Samples: Loan and Security Agreement (Cellstar Corp), Loan and Security Agreement (Climachem Inc)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line a fee in an amount equal to 0.375% one-quarter of one percent (0.25%) per annum times the result Average Unused Portion of (i) the Maximum Revolver Revolving Credit Amount, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,;

Appears in 2 contracts

Samples: Loan and Security Agreement (Image Entertainment Inc), Loan and Security Agreement (National Standard Co)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.3750.25% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 2 contracts

Samples: Loan and Security Agreement (LSB Industries Inc), Loan and Security Agreement (LSB Industries Inc)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee (the "Unused Line Fee") in an the amount equal to 0.3750.5% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 1 contract

Samples: Loan and Security Agreement (U Haul International Inc)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.50% per annum times TIMES the result of (ia) the Maximum Revolver Amount, less LESS (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus PLUS (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 1 contract

Samples: Loan and Security Agreement (Abraxas Petroleum Corp)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.375.375% per annum times the result of (ia) the then extant Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 1 contract

Samples: Loan and Security Agreement (Futurelink Corp)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee for in an amount equal to 0.3750.5% per annum times the result of (ia) the Maximum Revolver AmountAmount then in effect, less (ii) the sum of (Ab) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus month (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,“Unused Line Fee”).

Appears in 1 contract

Samples: Subordination Agreement (American Greetings Corp)

Unused Line Fee. On the first day of each month during the term of this Agreement, commencing from and after the date of the Initial Credit Extension, an unused line fee in an amount equal to 0.3750.50% per annum times the result of (i) the Maximum Revolver Amount, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 1 contract

Samples: Loan and Security Agreement (OVERSTOCK.COM, Inc)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.3750.5% per annum times the result of (i) the average daily Maximum Revolver AmountAmount for the immediately preceding month, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 1 contract

Samples: Loan and Security Agreement (Aegis Communications Group Inc)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.3750.50% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,"

Appears in 1 contract

Samples: Loan and Security Agreement (SCB Computer Technology Inc)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.375% per annum times the result of (ia) the Maximum Revolver Amount$6,500,000, less minus (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, month plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,.

Appears in 1 contract

Samples: Loan and Security Agreement (Harvey Electronics Inc)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.25% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,.

Appears in 1 contract

Samples: Loan and Security Agreement (Archibald Candy Corp)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.375% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,, plus (iii) the Availability Block, plus (iv) the average Daily Balance of the Term Loan outstanding during the immediately preceding month.

Appears in 1 contract

Samples: Loan and Security Agreement (Mercury Air Group Inc)

Unused Line Fee. On the first day of each calendar month during the term of this Agreement, an unused line fee payable to the Lenders in an the amount equal to 0.375% the Applicable Unused Line Fee Percentage per annum times the result of (i) the Maximum Revolver AmountCommitments, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (without duplication) (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 1 contract

Samples: Loan and Security Agreement (Majestic Holdco, LLC)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.3750.50% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,, plus (iii) the average Daily Balance of the Term Loan that was outstanding during the immediately preceding month;

Appears in 1 contract

Samples: Loan and Security Agreement (Mercator Software Inc)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.375.5% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 1 contract

Samples: Loan and Security Agreement (Advanced Lighting Technologies Inc)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line a fee in an amount equal to 0.375% one-eighth of one percent (0.125%) per annum times the result Average Unused Portion of (i) the Maximum Revolver Amount, less (ii) Revolving Credit Amount from and after the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,Restatement Effective Date;

Appears in 1 contract

Samples: Loan and Security Agreement (Image Entertainment Inc)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.375% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, month plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,;

Appears in 1 contract

Samples: Loan and Security Agreement (Kroll Inc)

Unused Line Fee. On the first day of each month quarter during the term of this Agreement, an unused line fee in an the amount equal to 0.375% per annum the applicable Unused Fee Margin (in effect on such date) times the result of (i) the Maximum Revolver Amount, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding monthquarter, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,quarter.”

Appears in 1 contract

Samples: Loan and Security Agreement (Poster Financial Group Inc)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to three eighths of one percent (0.375% %) per annum times the result of (i) the Maximum Revolver Amount, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus provided, however, that no such fee will be charged for Maximum Revolver Amounts not available to Borrower solely to the extent that such usage is limited due to application of clause (Bb) the average Daily Balance of the Letter definition of Credit Usage during the immediately preceding month,Maximum Revolver Amount;

Appears in 1 contract

Samples: Loan and Security Agreement (LEAF Equipment Finance Fund 4, L.P.)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee for the account of each Revolving Lender based on its Pro Rata share of the Revolver Commitments in an amount equal to 0.3751.00% per annum times the result of (i) the Maximum Revolver L/C Facility Amount, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Revolver Facility Letter of Credit Usage during the immediately preceding month,

Appears in 1 contract

Samples: Loan Agreement (Foster Wheeler LTD)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.3750.25% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 1 contract

Samples: Loan and Security Agreement (LSB Industries Inc)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.375% per annum times the result of (ia) the average amount of the Maximum Revolver AmountAmount during the immediately preceding month, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month, plus (iii) the average Daily Balance of the Term Loan Usage during the immediately preceding month,

Appears in 1 contract

Samples: Loan and Security Agreement (Microstrategy Inc)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.75% per annum times the result of (i) the Maximum Revolver Amount, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 1 contract

Samples: Loan and Security Agreement (GXS Corp)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.3750.25% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,"

Appears in 1 contract

Samples: Loan and Security Agreement (Metalico Inc)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.25% per annum times TIMES the result of (ia) the Maximum Revolver Amount, less LESS (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus PLUS (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 1 contract

Samples: Loan and Security Agreement (HPSC Inc)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.375the lesser of (i) $5,000 or (ii) 0.125% per annum times the result of (iA) the Maximum Revolver Amount, less (iiB) the sum of (Ax) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (By) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 1 contract

Samples: Loan and Security Agreement (Ultimate Electronics Inc)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3751% per annum times the result of (ia) the Maximum Revolver Amount, less (ii) the sum of (Ab) the average Daily Balance of Advances that were outstanding during the immediately preceding month; provided, plus (B) however, that if, with respect to any month, Borrower maintains an average balance of amounts on deposit by Borrower at Deposit Accounts maintained at Lender which is in excess of $3,000,000 for such month, the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,unused line fee with respect to such month will be waived.

Appears in 1 contract

Samples: Loan and Security Agreement (Freshpet, Inc.)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.375.25% per annum times the result of (i) the lesser of the Maximum Revolver AmountAmount or $8,000,000, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 1 contract

Samples: Loan and Security Agreement (Scheib Earl Inc)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.50% per annum times the result of (i) the Maximum Revolver Amount, Amount less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 1 contract

Samples: Loan and Security Agreement (Acme Communications Inc)

Unused Line Fee. On the first day of each month during the term of this Agreement, payable in arrears, an unused line fee in an amount equal to 0.375% per annum times the result of (i) the Maximum Revolver Amount, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 1 contract

Samples: Loan and Security Agreement (James River Coal CO)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.50% per annum times TIMES the result of (i) the Maximum Revolver Amount, less LESS (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus PLUS (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 1 contract

Samples: Loan and Security Agreement (Nabi Biopharmaceuticals)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to three-eighths of one percent (0.375% %) per annum times the result of (ia) the Maximum Revolver AmountAmount less (b) the Real Estate Reserve, less (iic) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 1 contract

Samples: Credit Agreement (Piccadilly Cafeterias Inc)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.375% per annum times the result of (ia) the Maximum Revolver AmountCommitment, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 1 contract

Samples: Loan and Security Agreement (Pierre Foods Inc)

Unused Line Fee. On During the term of this Agreement on the first day of each month during the term of this Agreementmonth, an unused line fee in an the amount equal to 0.3750.25% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 1 contract

Samples: Loan and Security Agreement (Synavant Inc)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.20% per annum times the result of (i) the Maximum Revolver AmountAmount at such time, less (ii) the sum of (A) the average Daily Balance of Revolving Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 1 contract

Samples: Loan and Security Agreement (Sharper Image Corp)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.375% one-half of one percent (0.50%) per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 1 contract

Samples: Credit Agreement (Energy Corp of America)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.3750.25% per annum times the result of (iA) the Maximum Revolver Amountaggregate Revolving Credit Commitments of all Revolving Credit Lenders, less (iiB) the sum of (Ax) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (By) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,.

Appears in 1 contract

Samples: Loan and Security Agreement (Ultimate Electronics Inc)

Unused Line Fee. On the first day of each month calendar quarter during the term of this Agreement, an unused line fee in an amount equal to 0.3750.25% per annum times the result of (i) the Maximum Revolver Amount, less (ii) the sum of (A) the average Daily Balance of Advances Revolving Loans that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,, (such sum being the “Average Utilization”); and

Appears in 1 contract

Samples: Loan, Guaranty and Security Agreement (Gordmans Stores, Inc.)

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Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.5% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances and Term Loans that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 1 contract

Samples: Loan and Security Agreement (Brio Software Inc)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.25% per annum times the result of (i) the Maximum Revolver Amount, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,, (such sum being the “Average Utilization”).

Appears in 1 contract

Samples: Loan Agreement (Design Within Reach Inc)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.3750.50% per annum times the result of (iA) the Maximum Revolver A Amount, less (iiB) the sum of (A1) the average Daily Balance of Revolver A Advances that were outstanding during the immediately preceding month, plus (B2) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 1 contract

Samples: Loan and Security Agreement (Numatics Inc)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.375% per annum times the result of (i) the Maximum Revolver Amount, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 1 contract

Samples: Loan and Security Agreement (Phibro Animal Health Corp)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.375.375% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 1 contract

Samples: Loan and Security Agreement (Cyrk Inc)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line a fee in an amount equal to 0.375% one-quarter of one percent (.25%) per annum times the result Average Unused Portion of (i) the Maximum Revolver Amount, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,;

Appears in 1 contract

Samples: Loan and Security Agreement (Concurrent Computer Corp/De)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.20% per annum times the result of (i) the Maximum Revolver Amount, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 1 contract

Samples: Loan and Security Agreement (Shoe Pavilion Inc)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.5% per annum times the result of (ia) the Maximum Revolver AmountAmount minus the then extant Billing Reserve, less (ii) the sum of (Ab) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 1 contract

Samples: Loan and Security Agreement (I Link Inc)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.375% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,plus

Appears in 1 contract

Samples: Loan and Security Agreement (Pioneer Companies Inc)

Unused Line Fee. On the first day of each month January, April, July, and October during the term of this Agreement, an unused line fee in an the amount equal to 0.375% the Applicable Unused Line Fee Percentage (calculated for the immediately preceding quarter) per annum times the result of (i) the Maximum Revolver Amount, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding monthquarter, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding monthquarter,

Appears in 1 contract

Samples: Loan and Security Agreement (Majestic Star Casino LLC)

Unused Line Fee. On the first day of each month during the term of this Agreementmonth, an unused line fee in an the amount equal to 0.3750.50% per annum times the result (but in no event less than zero) of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,. The foregoing notwithstanding, any such unused line fee not otherwise paid shall be immediately due and payable upon the termination of the Loan Agreement for whatever reason.

Appears in 1 contract

Samples: Fee Letter (Riviera Holdings Corp)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.375..375% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,;

Appears in 1 contract

Samples: Loan and Security Agreement (Advanced Lighting Technologies Inc)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.25% per annum times the result of (i) the Maximum Revolver AmountAmount at such time, less (ii) the sum of (A) the average Daily Balance of Revolving Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 1 contract

Samples: Debt and Security Agreement

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.375.50% per annum times TIMES the result of (ia) the Maximum Revolver Amount, less LESS (ii) the sum of (Ab) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 1 contract

Samples: Loan and Security Agreement (Foster Wheeler LTD)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.375.50% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 1 contract

Samples: Loan and Security Agreement (Northland Cranberries Inc /Wi/)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.375.50% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,.

Appears in 1 contract

Samples: Loan and Security Agreement (E Spire Communications Inc)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.25% per annum times TIMES the result of (ia) the Maximum Revolver Amount, less LESS (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus PLUS (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,.

Appears in 1 contract

Samples: Loan and Security Agreement (Archibald Candy Corp)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.375% one-half of one percent (0.50%) per annum times the result of (ia) the Maximum Revolver Amount, Amount less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 1 contract

Samples: Credit Agreement (ECA Marcellus Trust I)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.50% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 1 contract

Samples: Loan and Security Agreement (RMH Teleservices Inc)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.3750.50% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,;

Appears in 1 contract

Samples: Loan and Security Agreement (Midas Inc)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.375% per annum times the result of (i) the Maximum Revolver Amount, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month, plus (C) the outstanding principal amount of the Term Loan A, plus (D) the outstanding principal amount of the Term Loan B,

Appears in 1 contract

Samples: Loan and Security Agreement (Iron Age Corp)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.3750.50% per annum times the result of (i) the Maximum Revolver Amount, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,and

Appears in 1 contract

Samples: Loan and Security Agreement (Midway Games Inc)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.5% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 1 contract

Samples: Loan and Security Agreement (Mikohn Gaming Corp)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.5% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,, plus (iii) the then-outstanding principal balance of the Term Loan during the immediately preceding month.

Appears in 1 contract

Samples: Loan and Security Agreement (BGF Industries Inc)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.5% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,;

Appears in 1 contract

Samples: Loan and Security Agreement (Hologic Inc)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.3750.50% per annum times the result of (i) the Maximum Revolver Amount, less (iii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,;

Appears in 1 contract

Samples: Loan and Security Agreement (Elxsi Corp /De//)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.375% per annum times the result of (ia) the average amount of the Maximum Revolver AmountAmount during the immediately preceding month, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, month plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,.

Appears in 1 contract

Samples: Loan and Security Agreement (Microstrategy Inc)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.375% the Applicable Unused Line Fee per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 1 contract

Samples: Loan and Security Agreement (LSB Industries Inc)

Unused Line Fee. On the first day of each month quarter during the term of this Agreement, an unused line fee in an the amount equal to 0.375.50% per annum times the result of (i) the Maximum Revolver Amount, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding monthquarter, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding monthquarter,

Appears in 1 contract

Samples: Loan and Security Agreement (GNLV Corp)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line a fee in an amount equal to 0.375% one-quarter of one percent (0.25%) per annum times the result Average Unused Portion of (i) the Maximum Revolver Amount, less (ii) Revolving Credit Amount from and after the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,Restatement Effective Date;

Appears in 1 contract

Samples: Loan and Security Agreement (Image Entertainment Inc)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.375.375% per annum times the result of (ia) the then extant Maximum Subsidiary Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Subsidiary Borrower Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,, and

Appears in 1 contract

Samples: Loan Agreement (Futurelink Corp)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.30% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month, plus (iii) the average Daily Balance of IBMCC Obligations, plus (iv) the Availability Block,

Appears in 1 contract

Samples: Loan and Security Agreement (En Pointe Technologies Inc)

Unused Line Fee. On the first day of each month during the term of this Agreement, payable in arrears, an unused line fee in an amount equal to 0.375% per annum times the result of (ia) the average Maximum Revolver AmountAmount during the immediately preceding month, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,, plus (iii) the average Daily Balance of Capital Expenditure Loans that were outstanding during the immediately preceding month.

Appears in 1 contract

Samples: Loan and Security Agreement (DSG International LTD)

Unused Line Fee. On the first day of each month from and after the satisfaction of the Revolver Conditions and during the term of this Agreement, an unused line fee in an the amount equal to 0.3750.75% per annum times the result of (ia) the Maximum Revolver Amount, less LESS (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Term Loan outstanding during the immediately preceding month, and (iii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 1 contract

Samples: Loan and Security Agreement (Peregrine Systems Inc)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.20% per annum times the result of (i) the Maximum Revolver AmountAmount at such time, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 1 contract

Samples: Loan and Security Agreement (Sharper Image Corp)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.50% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,, plus (iii) the average Daily Balance of principal that was outstanding on the Term Loan during the immediately preceding month.

Appears in 1 contract

Samples: Loan and Security Agreement (Intervoice Brite Inc)

Unused Line Fee. On the first day of each month calendar quarter during the term of this Agreement, an unused line fee in an amount equal to 0.3750.25% per annum times the result of (i) the Maximum Revolver Amount, less (ii) the sum of (A) the average Daily Balance of Advances Revolving Loans that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,, (such sum being the “Average Utilization”);

Appears in 1 contract

Samples: Loan, Guaranty and Security Agreement (Gordmans Stores, Inc.)

Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.25% per annum times the result of (i) the Maximum Revolver Amount, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of Capital Expenditures Loans that were outstanding during the immediately preceding month, plus (C) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

Appears in 1 contract

Samples: Loan and Security Agreement (Sharper Image Corp)

Unused Line Fee. On the first day of each month during prior to the term of this AgreementTermination --------------- Date, an unused line fee in an amount equal to 0.3750.50% per annum times the result of (i) the Maximum Revolver Amount, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,.

Appears in 1 contract

Samples: Fee Letter (Grill Concepts Inc)

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