Common use of Unused Line Fee Clause in Contracts

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate times the amount by which the Revolver Commitments exceed the average daily Revolver Usage during any month. Such fee shall be payable in arrears, on the first day of each month and on the Commitment Termination Date.

Appears in 8 contracts

Samples: Loan and Security Agreement (Adara Acquisition Corp.), Loan, Guaranty and Security Agreement (ArcLight Clean Transition Corp.), Loan and Security Agreement (Arctic Cat Inc)

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Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate Percentage times the amount by which the Revolver Commitments exceed the average daily balance of Revolver Usage Loans and stated amount of Letters of Credit during any month. Such fee shall be payable in arrears, on the first day of each month and on the Commitment Termination Date.

Appears in 7 contracts

Samples: Loan and Security Agreement (P&f Industries Inc), Loan and Security Agreement (P&f Industries Inc), Loan and Security Agreement (P&f Industries Inc)

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate times the amount by which the Revolver Commitments exceed the average daily Revolver Usage during any month. Such fee shall be payable in arrears, on the first day of each month and on the Commitment Termination Date.

Appears in 6 contracts

Samples: Loan, Guaranty and Security Agreement (Infinera Corp), Loan Agreement (BIG 5 SPORTING GOODS Corp), Loan Agreement (Inari Medical, Inc.)

Unused Line Fee. Borrowers shall pay to Administrative Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate times the amount by which the Revolver Commitments exceed the average daily Revolver Usage during any monthquarter. Such fee shall be payable quarterly in arrears, on the first day of each month quarter and on the Commitment Termination Date.

Appears in 4 contracts

Samples: Loan Agreement (Key Energy Services Inc), Loan Agreement (Key Energy Services Inc), Loan and Security Agreement (Key Energy Services Inc)

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate times the amount by which the Revolver Commitments exceed the average daily balance of Revolver Usage Loans and stated amount of Letters of Credit during any month. Such fee shall be payable in arrears, on the first day of each month and on the Commitment Termination Date.

Appears in 4 contracts

Samples: Loan and Security Agreement (U.S. Concrete, Inc.), Loan and Security Agreement (Us Concrete Inc), Loan and Security Agreement (AGY Holding Corp.)

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate times the amount by which the Revolver Commitments exceed the average daily Revolver Usage during any month. Such fee shall be payable in arrears, on the first day of each month and on the Commitment Termination Date.

Appears in 4 contracts

Samples: Loan and Security Agreement (Seneca Foods Corp), Loan Agreement (School Specialty Inc), Loan Agreement (School Specialty Inc)

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata pro rata benefit of LendersLenders (based upon each Lender’s Applicable Percentage of the aggregate Revolver Commitments), a fee equal to the Applicable Unused Line Fee Rate times the amount by which the aggregate Revolver Commitments exceed the average daily balance of Revolver Usage Loans and stated amount of Letters of Credit during any month. Such fee shall be payable in arrears, on the first day of each month and on the Commitment Revolver Termination Date.

Appears in 3 contracts

Samples: Loan and Security Agreement (Summer Infant, Inc.), Loan and Security Agreement (Summer Infant, Inc.), Loan and Security Agreement (Summer Infant, Inc.)

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate Margin per annum times the amount by which the Revolver Commitments exceed the average daily balance of Revolver Usage Loans and LC Obligations during any month. Such fee shall be payable in arrears, on the first day of each month and on the Commitment Termination Date.

Appears in 3 contracts

Samples: Loan and Security Agreement (Headwaters Inc), Loan and Security Agreement (Headwaters Inc), Loan and Security Agreement (Headwaters Inc)

Unused Line Fee. Borrowers shall pay to Administrative Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate times the amount by which the Revolver Commitments exceed the average daily Revolver Usage during any monthquarter. Such fee shall be payable quarterly in arrears, on the first day of each month January, April, July and October and on the Commitment Termination Date.

Appears in 3 contracts

Samples: Loan and Security Agreement (CSI Compressco LP), Loan and Security Agreement (CSI Compressco LP), Loan and Security Agreement (CSI Compressco LP)

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate times the amount by which the Revolver Commitments exceed the average daily Revolver Usage during any monthFiscal Quarter. Such fee shall be payable in arrears, on the first day of each month Fiscal Quarter and on the Commitment Termination Date.

Appears in 3 contracts

Samples: Loan, Security and Guaranty Agreement (Quintana Energy Services Inc.), Loan, Security and Guaranty Agreement (Quintana Energy Services Inc.), Loan, Security and Guaranty Agreement (Quintana Energy Services Inc.)

Unused Line Fee. The Borrowers shall pay to Agent, for the Pro Rata benefit of LendersLenders (other than any Defaulting Lender), a fee equal to the Unused Line Fee Rate Percentage times the amount by which the Revolver Commitments (other than the Revolving Commitments of Defaulting Lenders) exceed the average daily Revolver Usage during any month. Such fee shall be payable monthly in arrears, on the first day of each month and on the Revolver Commitment Termination Date.

Appears in 3 contracts

Samples: Loan Agreement (Conns Inc), Loan Agreement (Conns Inc), Loan and Security Agreement (Conns Inc)

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate times the amount by which the Revolver Commitments exceed the average daily Revolver Usage during any calendar month. Such fee shall be payable in arrears, on the first day of each calendar month and on the Commitment Termination Date.

Appears in 2 contracts

Samples: Abl Loan and Security Agreement (Rocky Brands, Inc.), Abl Loan and Security Agreement (Rocky Brands, Inc.)

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate Percentage per annum times the amount by which the Revolver Commitments exceed the average daily balance of Revolver Usage Loans and stated amount of Letters of Credit during any month. Such fee shall be payable in arrears, on the first day Business Day of each month and on the Commitment Termination Date.

Appears in 2 contracts

Samples: Credit Agreement (Calumet Specialty Products Partners, L.P.), Credit Agreement (Calumet Specialty Products Partners, L.P.)

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate Percentage times the amount by which the Revolver Commitments exceed the average daily balance of Revolver Usage Loans and stated amount of Letters of Credit during any the immediately preceding month. Such fee shall be payable in arrears, on the first day of each month and on the Revolver Commitment Termination Date.

Appears in 2 contracts

Samples: Loan and Security Agreement (Conns Inc), Loan and Security Agreement (Conns Inc)

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate Margin per annum times the amount by which the Revolver Commitments (minus the Availability Block) exceed the average daily balance of Revolver Usage Loans and stated amount of Letters of Credit during any month. Such fee shall be payable in arrears, on the first day of each month and on the Commitment Termination Date.

Appears in 2 contracts

Samples: Loan and Security Agreement (Clearwater Paper Corp), Loan and Security Agreement (Clearwater Paper Corp)

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of Lenders, a fee (the “Unused Line Fee”) equal to the Applicable Margin for the Unused Line Fee Rate times the amount by which the Revolver Commitments exceed the average daily balance of Revolver Usage Loans and stated amount of Letters of Credit during any month. Such fee The Unused Line Fee shall be payable in arrears, on the first day of each month and on the Commitment Termination Date.

Appears in 2 contracts

Samples: Loan and Security Agreement (Boise Cascade Holdings, L.L.C.), Loan and Security Agreement (Boise Cascade Holdings, L.L.C.)

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate times the amount by which the Revolver Commitments exceed the average daily Revolver Usage during any month. Such fee shall be payable in arrears, on the first day of each month quarter and on the Commitment Termination Date.

Appears in 2 contracts

Samples: Loan, Security and Guaranty Agreement (Atlas Energy Solutions Inc.), Loan, Security and Guaranty Agreement (Atlas Energy Solutions Inc.)

Unused Line Fee. Borrowers shall pay to Administrative Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate times the amount by which the Revolver Commitments exceed the average daily Revolver Usage during any monthquarter. Such fee shall be payable quarterly in arrears, on the first day of each month quarter and on the Commitment Termination Date.

Appears in 2 contracts

Samples: Loan and Security Agreement (Par Pacific Holdings, Inc.), Loan and Security Agreement (Par Pacific Holdings, Inc.)

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate times the amount by which the Revolver Commitments exceed the average daily outstanding balance of Revolver Usage Loans and stated amount of Letters of Credit during any month. Such fee shall be payable in arrears, on the first day of each month Fiscal Quarter and on the Commitment Termination Date.

Appears in 2 contracts

Samples: Credit and Security Agreement (Titan International Inc), Credit and Security Agreement (Titan International Inc)

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate 0.15% per annum times the amount by which the Revolver Commitments exceed the average daily Average Revolver Usage during Loan Balance for any monthcalendar quarter (or portion thereof that the Borrower Commitments are in effect). Such fee shall be payable in arrears, on the first day of each month calendar quarter and on the Commitment Termination Date.

Appears in 2 contracts

Samples: Loan and Security Agreement (Bairnco Corp /De/), Loan and Security Agreement (WHX Corp)

Unused Line Fee. Borrowers Borrower shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate 0.25% per annum times the amount by which the Revolver Commitments exceed the average daily balance of Revolver Usage Loans and stated amount of Letters of Credit during any month. Such fee shall be payable in arrears, on the first day of each month and on the Commitment Termination Date.

Appears in 2 contracts

Samples: Loan and Security Agreement (Ak Steel Holding Corp), Loan and Security Agreement (Ak Steel Holding Corp)

Unused Line Fee. Borrowers Borrower shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate times the amount by which the Revolver Commitments exceed the average daily Revolver Usage (calculated without taking into account any Swingline Loans) during any monthFiscal Quarter. Such fee shall be payable in arrears, arrears on the first (1st) calendar day of each month Fiscal Quarter and on the Commitment Termination Date, commencing on the first such date to occur after the date hereof.

Appears in 2 contracts

Samples: Loan and Security Agreement (Summit Midstream Partners, LP), Loan and Security Agreement (Summit Midstream Partners, LP)

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate 0.375% per annum times the average daily amount by which the Revolver Commitments exceed the average aggregate daily balance of Revolver Usage Loans and outstanding undrawn face amount of Letters of Credit during any month. Such fee shall be payable in arrears, on the first day of each month and on the Commitment Termination Date.

Appears in 2 contracts

Samples: Loan, Security and Guaranty Agreement (Transport America, Inc.), Loan, Security and Guaranty Agreement (Transport America, Inc.)

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of LendersLenders (other than a Defaulting Lender), a fee equal to the Unused Line Fee Rate Percentage per annum times the amount by which the Revolver Commitments exceed the average daily balance of Revolver Usage Loans and undrawn amount of Letters of Credit issued and outstanding during any month. Such fee shall be payable in arrears, on the first day Business Day of each month and on the Commitment Termination Date.

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (Calumet Specialty Products Partners, L.P.)

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Applicable Unused Line Fee Rate per annum times the amount by which the Revolver Commitments exceed the average daily balance of Revolver Usage Loans and stated amount of Letters of Credit during any month. Such fee shall be payable in arrears, on the first day of each month and on the Commitment Termination Date.

Appears in 2 contracts

Samples: Credit Agreement (Apparel Holding Corp.), Credit Agreement (Apparel Holding Corp.)

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate 0.250% per annum times the amount by which the Revolver Commitments exceed the average daily balance of Revolver Usage Loans and Stated Amount of Letters of Credit (the “Unused Balance”) during any monthFiscal Quarter. Such fee shall be calculated payable in arrears, on the first day of each month Fiscal Quarter and on the Commitment Termination Date.

Appears in 2 contracts

Samples: Loan and Security Agreement (Commercial Vehicle Group, Inc.), Loan and Security Agreement (Commercial Vehicle Group, Inc.)

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate times the amount by which the Revolver Commitments exceed the average daily Revolver Usage during any the preceding month, calculated for the actual days elapsed. Such unused line fee shall be payable in arrears, on the first day of each calendar month and on the Commitment Termination Date.

Appears in 1 contract

Samples: Loan, Security and Guarantee Agreement (Applied Optoelectronics, Inc.)

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate Percentage times the amount by which the Revolver Commitments exceed the average daily balance of Revolver Usage Loans and stated amount of Letters of Credit during any month. Such fee shall be payable in arrears, on the first day of each month and on the Revolver Commitment Termination Date.

Appears in 1 contract

Samples: Loan and Security Agreement (Conns Inc)

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate times the amount by which the Revolver Commitments exceed the average daily Revolver Usage during any the preceding month, calculated for the actual days elapsed. Such fee shall be payable in arrears, on the first day of each calendar month and on the Commitment Termination Date.

Appears in 1 contract

Samples: Loan, Security and Guarantee Agreement (AutoWeb, Inc.)

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate times the amount by which the Revolver Commitments exceed the average daily balance of Revolver Usage Loans and stated amount of Letters of Credit during any month. Such fee shall be payable in arrears, on the first day of each month immediately following the applicable month of calculation, and on the Commitment Termination Date.

Appears in 1 contract

Samples: Loan and Security Agreement (Kemet Corp)

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate times the amount by which the Revolver Commitments exceed the average daily Revolver Usage during any month. Such fee shall be payable in arrears, on the first fifth day of each month (with respect to the prior month) and on the Commitment Termination Date.

Appears in 1 contract

Samples: Loan and Security Agreement (Amkor Technology, Inc.)

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate times the amount by which the Revolver Commitments exceed the average daily Revolver Usage during any monththe preceding Fiscal Quarter, calculated for the actual days elapsed. Such fee shall be payable in arrears, on the first day of each month Fiscal Quarter and on the Commitment Termination Date.

Appears in 1 contract

Samples: Loan, Security and Guarantee Agreement (GEE Group Inc.)

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate times the amount by which the Revolver Commitments exceed the average daily balance of Revolver Usage Loans and stated amount of Letters of Credit during any month. Such fee shall be payable in arrears, on the first day of each month and on the Commitment Termination Date.

Appears in 1 contract

Samples: Loan and Security Agreement (Summer Infant, Inc.)

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate 0.25% per annum times the amount by which the Revolver Commitments exceed the average daily balance of Revolver Usage Loans and stated amount of Letters of Credit during any month. Such fee shall be payable in arrears, on the first day of each month and on the Commitment Termination Date.

Appears in 1 contract

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

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate times the amount by which the Revolver Commitments Commitments, minus the Senior Notes Availability Reserve for the period when in place, exceed the average daily balance of Revolver Usage Loans and stated amount of Letters of Credit during any month. Such fee shall be payable in arrears, on the first day of each month and on the Commitment Termination Date.

Appears in 1 contract

Samples: Loan and Security Agreement (Us Concrete Inc)

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate one quarter of one percent (0.25%) per annum times the amount by which the Revolver Commitments exceed the average daily balance of Revolver Usage Loans and stated amount of Letters of Credit during any month. Such fee shall be payable in arrears, on the first day of each month and on the Commitment Termination Date.

Appears in 1 contract

Samples: Loan and Security Agreement (Houston Wire & Cable CO)

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate Margin per annum times the amount by which the Revolver Commitments exceed the average daily balance of Revolver Usage Loans and stated amount of Letters of Credit during any month. Such fee shall be payable in arrears, on the first day of each month and on the Commitment Termination Date.

Appears in 1 contract

Samples: Loan and Security Agreement (Potlatch Forest Products CORP)

Unused Line Fee. Borrowers Borrower shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate Applicable Margin (for unused line fees) per annum times the amount by which the Revolver Commitments exceed the average daily balance of Revolver Usage Loans and stated amount of Letters of Credit during any month. Such fee shall be payable in arrears, on the first day of each month and on the Commitment Termination Date.

Appears in 1 contract

Samples: Loan and Security Agreement (Hines Horticulture Inc)

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of Lenders, a per annum fee equal to the Unused Line Fee Rate times unused line fee referred to in the definition of Applicable Margin on the amount by which the Revolver Commitments exceed the average daily balance of Revolver Usage Loans and stated amount of Letters of Credit during any month. Such fee shall be payable in arrears, on the first day of each month and on the Commitment Termination Date.

Appears in 1 contract

Samples: Loan and Security Agreement (Multi Fineline Electronix Inc)

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate 0.35% per annum times the amount by which the Revolver Commitments exceed the average daily balance of Revolver Usage Loans during any month. Such fee shall be payable in arrears, on the first day of each month and on the Commitment Termination Date.

Appears in 1 contract

Samples: Loan and Security Agreement (SWK Holdings Corp)

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Unused Line Fee. Borrowers Borrower shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate times the amount by which the Revolver Commitments exceed Commitment exceeds the average daily Revolver Usage during any month. Such fee shall be payable in arrears, on the first day of each month and on the Commitment Termination Date.

Appears in 1 contract

Samples: Loan and Security Agreement (Multi Fineline Electronix Inc)

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of the Revolver Lenders, a fee equal to the Unused Line Fee Rate times the amount by which the Revolver Commitments exceed the average daily Revolver Usage during any calendar month. Such fee shall be payable in arrears, on the first day of each calendar month and on the Commitment Termination Date.

Appears in 1 contract

Samples: Abl Loan and Security Agreement (Rocky Brands, Inc.)

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate times the amount by which the Revolver Commitments exceed the average daily Revolver Usage during any monthUsage. Such fee shall be payable in arrears, on the first day of each month Fiscal Quarter and on the Commitment Termination Date.

Appears in 1 contract

Samples: Credit and Security Agreement (Titan International Inc)

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate Applicable Margin per annum times the amount by which the Revolver Commitments exceed the average daily balance of Revolver Usage Loans and stated amount of Letters of Credit during any month. Such fee shall be payable in arrears, on the first day of each month and on the Commitment Termination Date.

Appears in 1 contract

Samples: Loan and Security Agreement (Houston Wire & Cable CO)

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate times the amount by which the Revolver Commitments Commitments, minus the Senior Notes Availability Reserve for the period when in place, exceed the average daily balance of Revolver Usage Loans and stated amount of Letters of Credit during any month. Such fee shall be payable in arrears, on the first day of each month and on the Commitment Termination Date.. LC

Appears in 1 contract

Samples: Loan and Security Agreement (Us Concrete Inc)

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate Percentage times the amount by which the Revolver Commitments exceed the average daily Revolver Usage during any month. Such fee shall be payable in arrears, on the first day of each month and on the Revolver Commitment Termination Date.

Appears in 1 contract

Samples: Loan and Security Agreement (Conns Inc)

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate times the amount by which the Revolver Commitments exceed the average daily Revolver Usage during any calendar month. Such fee shall be payable in arrears, on the first day of each calendar month and on the Commitment Termination Date.

Appears in 1 contract

Samples: Loan and Security Agreement (Hydrofarm Holdings Group, Inc.)

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Applicable Unused Line Fee Rate per annum times the amount by which the Revolver Commitments exceed the average daily balance of Revolver Usage Loans and stated amount of Letters of Credit during any month. Such fee shall be payable in arrears, on the first day of each month and on the Commitment Termination Date; provided that when no Revolver Loan is outstanding such fees shall be payable on the 5th Business Day of each month.

Appears in 1 contract

Samples: Loan and Security Agreement (Kellwood Co)

Unused Line Fee. Borrowers Borrower shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate times the amount by which the Revolver Commitments exceed the average daily Revolver Usage during any month. Such fee shall be payable in arrears, on the first day of each month and on the Commitment Termination Date.

Appears in 1 contract

Samples: Loan and Security Agreement (Vizio Holding Corp.)

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to at the Unused Line Fee Rate times on the amount by which the Revolver Commitments exceed the average daily Revolver Usage during any month. Such fee shall be payable in arrears, on the first day of each month and on the Commitment Termination Date.

Appears in 1 contract

Samples: Loan and Security Agreement (Advanced Micro Devices Inc)

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate 0.50% per annum times the amount by which the Revolver Commitments exceed the average daily balance of Revolver Usage Loans and stated amount of Letters of Credit during any month. Such fee shall be payable in arrears, on the first day of each month and on the Commitment Termination Date.

Appears in 1 contract

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

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata pro rata benefit of LendersLenders (based upon each Lender’s Applicable Percentage of the aggregate Revolver Commitments), a fee equal to the Unused Line Fee Rate times the amount by which the aggregate Revolver Commitments exceed the average daily balance of Revolver Usage Loans and stated amount of Letters of Credit during any month. Such fee shall be payable in arrears, on the first day of each month and on the Commitment Revolver Termination Date.

Appears in 1 contract

Samples: Loan and Security Agreement (Summer Infant, Inc.)

Unused Line Fee. Borrowers shall pay (or cause to be paid) to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate times the amount by which the Revolver Commitments exceed the average daily Revolver Usage during any month. Such fee shall be payable in arrears, on the first day of each month and on the Commitment Termination Date. For purposes of calculating such fee, no portion of the Commitments shall be deemed utilized as a result of outstanding Swingline Loans.

Appears in 1 contract

Samples: Loan, Guaranty and Security Agreement (SMART Global Holdings, Inc.)

Unused Line Fee. Borrowers Borrower shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate times the amount by which the Revolver Commitments exceed the average daily balance of Revolver Usage Loans and stated amount of Letters of Credit during any month. Such fee shall be payable in arrears, on the first day of each month and on the Commitment Termination Date.

Appears in 1 contract

Samples: Loan and Security Agreement (Ak Steel Holding Corp)

Unused Line Fee. Borrowers Borrower shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate times the amount by which the Revolver Commitments exceed the average daily Revolver Usage during any monthcalendar quarter. Such fee shall be payable in arrears, on the first day of each month calendar quarter and on the Commitment Termination Date.

Appears in 1 contract

Samples: Loan and Security Agreement (Stonemor Inc.)

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate times the amount by which the Revolver Commitments exceed the average daily Revolver Usage during any monthFiscal Quarter (pro rated for the partial Fiscal Quarter ending prior to the first Fiscal Quarter commencing after the Closing Date). Such fee shall be payable in arrears, on the first day of each month Fiscal Quarter and on the Commitment Termination Date.

Appears in 1 contract

Samples: Loan and Security Agreement (Casella Waste Systems Inc)

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate times the amount by which the Revolver Commitments exceed the average daily outstanding balance of Revolver Usage Loans (excluding Swingline Loans) and stated amount of Letters of Credit during any month. Such fee shall be payable in arrears, on the first day of each month Fiscal Quarter and on the Commitment Termination Date.

Appears in 1 contract

Samples: Credit and Security Agreement (Titan International Inc)

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate 0.50% per annum times the amount by which the Revolver Commitments exceed the average daily balance of Revolver Usage Loans during any month. Such fee shall be payable in arrears, on the first day of each month and on the Commitment Termination Date.

Appears in 1 contract

Samples: Loan and Security Agreement (SWK Holdings Corp)

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate 0.25% per annum times the amount by which the Revolver Commitments exceed the average daily Revolver Usage balance of Loans and stated amount of Letters of Credit during any month. Such fee shall be payable in arrears, on the first day of each month for the preceding month and on the Commitment Termination Date.

Appears in 1 contract

Samples: Loan and Security Agreement (Cooper Tire & Rubber Co)

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate one-half of one percent (0.5%) per annum times the amount by which the Revolver Commitments exceed the average daily balance of Revolver Usage Loans and stated amount of Letters of Credit during any month. Such fee shall be payable in arrears, on the first day of each month and on the Commitment Termination DateDate unless Agent exercises, at its option, its right to charge such advances against Borrowers’ account.

Appears in 1 contract

Samples: Loan and Security Agreement (Global Crossing LTD)

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate times the amount by which the Revolver Commitments exceed the average daily balance of Revolver Usage Loans and undrawn amount of Letters of Credit issued and outstanding during any month. Such fee shall be payable in arrears, on the first day of each month and on the Commitment Termination Date.

Appears in 1 contract

Samples: Loan and Security Agreement (Imperial Sugar Co /New/)

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of LendersLenders (other than a Defaulting Lender), a fee equal to the Unused Line Fee Rate Percentage per annum times the amount by which the Revolver Commitments exceed the average daily Revolver Usage during any monthFiscal Quarter. Such fee shall be payable in arrears, on the first day Business Day of each month Fiscal Quarter and on the Commitment Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Calumet Specialty Products Partners, L.P.)

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate times the amount by which the Revolver Commitments exceed the average daily Revolver Usage during any month. Such fee shall be payable in arrears, on the first day of each month and on the Commitment Termination Date.. 102904560_9

Appears in 1 contract

Samples: Loan and Security Agreement (Mynd.ai, Inc.)

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate 0.50% per annum times the amount by which the Revolver Commitments exceed the average daily balance of Revolver Usage Loans and stated amount of Letters of Credit during any month. Such fee shall be payable in arrears, on the first day of each month and on the Commitment Termination Date.

Appears in 1 contract

Samples: Loan and Security Agreement (Monaco Coach Corp /De/)

Unused Line Fee. Borrowers shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate times the amount by which the Revolver Commitments exceed the average daily balance of Revolver Usage Loans and undrawn amount of Letters of Credit during any month. Such fee shall be payable in arrears, on the first day of each month and on the Commitment Termination Date.

Appears in 1 contract

Samples: Loan and Security Agreement (Frozen Food Express Industries Inc)

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