Unused Revolving Commitment Fee. The Borrower shall pay to Agent a fee (the “Unused Revolving Commitment Fee”) for the ratable account of the Revolving Lenders in an amount calculated daily and aggregated for each calendar quarter equal to:
Unused Revolving Commitment Fee. Borrower shall pay to Agent a fee (the “Unused Revolving Commitment Fee”) for the account of each Revolving Lender in an amount equal to the sum of, for each day: (i)(A) the daily balance of the Revolving Loan Commitment of such Revolving Lender for such day, less (B) the daily balance of all Revolving Loans held by such Revolving Lender for such day; multiplied by (ii) three tenths of one percent (0.30%) per annum. The total Unused Revolving Commitment Fee paid by Borrower will be equal to the sum of all of the fees due to the Revolving Lenders. The Unused Revolving Commitment Fee shall be payable monthly in arrears on the first day of each calendar month following the Closing Date and on the Final Maturity Date. The Unused Revolving Commitment Fee shall accrue at all times from and after the execution and delivery of this Agreement. For purposes of this Section 2.6(c), the Revolving Loan Commitment of any Non-Funding Lender shall be deemed to be zero.
Unused Revolving Commitment Fee. Borrower shall pay to Agent a fee (the “Unused Revolving Commitment Fee”) for the account of each Revolving Lender in an amount equal to: (i) the average daily balance of the Revolving Loan Commitment of such Revolving Lender during the preceding calendar month, less (ii) the average daily balance of all Revolving Loans held by such Revolving Lender; multiplied by (iii) three-quarters of one percent (0.750%) per annum. The total fee paid by Borrower will be equal to the sum of all of the fees due to the Revolving Lenders. Such fee shall be payable monthly in arrears on the first day of each calendar month following the Closing Date. The Unused Revolving Commitment Fee provided in this Section 2.6(c) shall accrue at all times from and after the execution and delivery of this Agreement. For purposes of this Section 2.6(c), the Revolving Loan Commitment of any Non-Funding Lender shall be deemed to be zero.
Unused Revolving Commitment Fee. The Borrower shall pay to the Bank fees (the “Revolving Commitment Fees”) in an amount determined by applying a rate of 0.30% per annum to the average daily Unused Revolving Commitment during the period from and after Closing Date to and including the Revolving Loan Termination Date. Such Revolving Commitment Fees are payable in arrears on the dates on which interest is payable pursuant to Section 2.5.
Unused Revolving Commitment Fee. (i) Accruing from the First Restatement Effective Date until the Maturity Date, the Borrower agrees to pay to the Administrative Agent for the account of each Revolving Lender according to its Pro Rata Share, a nonrefundable commitment fee (each a “Unused Revolving Commitment Fee”) at a rate per annum equal to 0.375% (computed on the basis of a year of 360 days, as the case may be, and actual days elapsed) multiplied by the average daily result of:
Unused Revolving Commitment Fee. From the Closing Date through the Revolving Loan Maturity Date, when the average quarterly (i) principal amount of outstanding Advances plus (ii) the Aggregate Effective Amount is less than Thirty Million Dollars ($30,000,000), Borrowers shall pay to the Administrative Agent, for the ratable accounts of the Lenders pro rata according to their Pro Rata Share of the Revolving Commitment, a commitment fee equal to the Applicable Commitment Fee Rate per annum times the average daily amount by which the Revolving Commitment exceeds (i) the aggregate daily principal amount of outstanding Advances plus (ii) the Aggregate Effective Amount. The commitment fee shall be payable quarterly in arrears as of each Quarterly Payment Date within fifteen (15) days after receipt by Borrower Representative of an invoice therefor from the Administrative Agent.
Unused Revolving Commitment Fee. The Borrower agrees to pay to the Lender an unused line fee at the rate of .15% per annum on the average daily Unused Amount from the date of this Agreement to and including the Maturity Date, due and payable quarterly in arrears on the last day of each calendar quarter and the Maturity Date. For the purposes of this Section 2.5, "Unused Amount" at any time means $15,000,000, less the average outstanding principal balance of the Revolving Loan for the quarter.
Unused Revolving Commitment Fee. The Borrower shall pay to Agent a fee (the “Unused Commitment Fee”) for the account of each Revolving Lender in an amount equal to: (i) the daily balance of the Revolving Loan Commitment of such Revolving Lender during the preceding calendar quarter, less (ii) the sum of (x) the daily balance of all Revolving Loans held by such Revolving Lender plus (y) the daily amount of Letter of Credit Obligations held by such Revolving Lender, plus (z) in the case of the Swing Lender, the daily balance of all outstanding Swing Loans held by such Swing Lender, in each case, during the preceding calendar quarter; provided, in no event shall the amount computed pursuant to clauses (i) and (ii) with respect to the Swing Lender be less than zero, multiplied by (iii) Applicable Unused Commitment Fee. The total Unused Commitment Fee paid by the Borrower will be equal to the sum of all Unused Commitment Fees due to the Lenders, subject to Section 2.11(e)(vi). Such fee shall be payable quarterly in arrears on the last day of each calendar quarter following the Restatement Date. The Unused Commitment Fee described herein shall accrue at all times from and after the execution and delivery of this Agreement.
Unused Revolving Commitment Fee. The Borrower shall pay to the Administrative Agent, for the account of each Lender in accordance with its Applicable Percentage, a commitment fee equal to the product of (i) the Applicable Rate times (ii) the actual daily amount by which the Aggregate Revolving Commitments exceed the sum of (y) the Outstanding Amount of Revolving Loans and (z) the Outstanding Amount of L/C Obligations, subject to adjustment as provided in Section 2.15 (the “Unused Revolving Commitment Fee”). For the avoidance of doubt, the Outstanding Amount of Swingline Loans shall not be counted towards or considered usage of the Aggregate Revolving Commitments for purposes of determining the Unused Revolving Commitment Fee. The Unused Revolving Commitment Fee shall accrue at all times during the Availability Period, including at any time during which one or more of the conditions in Article IV is not met, and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the Closing Date, and on the last day of the Availability Period. The Unused Revolving Commitment Fee shall be calculated quarterly in arrears, and if there is any change in the Applicable Rate during any quarter, the actual daily amount shall be computed and multiplied by the Applicable Rate separately for each period during such quarter that such Applicable Rate was in effect.
Unused Revolving Commitment Fee. The Borrower shall pay to the Administrative Agent, for the account of each Revolving Credit Lender in accordance with its Revolving Commitment Percentage, an aggregate fee for all Revolving Credit Lenders (the “Unused Revolving Commitment Fee”) equal to the Applicable Unused Fee Rate per annum of the average daily balance of the Unused Revolving Commitment during each calendar quarter (or relevant portion of the calendar month (with respect to the first such payment being made after the Closing Date or the last such payment made on the Maturity Date)). The Unused Revolving Commitment Fee shall be payable quarterly in arrears, on the last day of each quarter after the Closing Date and on the Revolving Commitment Termination Date.
