Common use of Unused Revolving Commitment Fee Clause in Contracts

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: (i) the ending daily balance of the Aggregate Revolving Loan Commitment, less (ii) the sum of (1) the ending daily balance of all Revolving Loans held by such Revolving Lender plus (2) the ending daily amount of Letter of Credit Obligations held by such Revolving Lender, plus (z) in the case of the Swing Lender, the ending daily balance of all outstanding Swing Loans held by such Swing Lender, in each case, for each day occurring during the preceding calendar quarter (the difference of (i) minus (ii) is referred to as the “Daily Unused Revolving Commitment”); provided, in no event shall the amount computed pursuant to clauses (i) and (ii) with respect to the Swing Lender be less than zero, (iii) multiplied by the Applicable Margin for the Unused Revolving Commitment Fee for such day. Such fee shall be payable quarterly in arrears on the first day of each calendar quarter following the date hereof. The Unused Revolving Commitment Fee provided in this Section 2.9(b) shall accrue at all times from and after the execution and delivery of this Agreement.

Unused Revolving Commitment Fee. The Borrower shall pay to Agent a fee (the “Unused Revolving Commitment Fee”) for the ratable account of the each Revolving Lenders Lender in an amount calculated daily and aggregated for each calendar quarter equal to: : (i) the ending daily balance of the Aggregate Revolving Loan CommitmentCommitment of such Revolving Lender during the preceding calendar quarter, less less (ii) the sum of (1x) the ending daily balance of all Revolving Loans held by such Revolving Lender plus (2y) the ending daily amount of Letter of Credit Obligations held by such Revolving Lender, plus (z) in the case of the Swing Lender, the ending daily balance of all outstanding Swing Loans held by such Swing Lender, in each case, for each day occurring during the preceding calendar quarter (the difference of (i) minus (ii) is referred to as the “Daily Unused Revolving Commitment”)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) multiplied Applicable Unused Commitment Fee. The total Unused Commitment Fee paid by the Applicable Margin for Borrower will be equal to the sum of all Unused Revolving Commitment Fee for such dayFees due to the Lenders, subject to Section 2.11(e)(vi). Such fee shall be payable quarterly in arrears on the first last day of each calendar quarter following the date hereofRestatement Date. The Unused Revolving Commitment Fee provided in this Section 2.9(b) 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 Agent 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 ). For the ratable account avoidance of doubt, the Revolving Lenders in an amount calculated daily and aggregated for each calendar quarter equal to: (i) the ending daily balance Outstanding Amount of Swingline Loans shall not be counted towards or considered usage of the Aggregate Revolving Loan Commitment, less (ii) the sum Commitments for purposes of (1) the ending daily balance of all Revolving Loans held by such Revolving Lender plus (2) the ending daily amount of Letter of Credit Obligations held by such Revolving Lender, plus (z) in the case of the Swing Lender, the ending daily balance of all outstanding Swing Loans held by such Swing Lender, in each case, for each day occurring during the preceding calendar quarter (the difference of (i) minus (ii) is referred to as the “Daily Unused Revolving Commitment”); provided, in no event shall the amount computed pursuant to clauses (i) and (ii) with respect to the Swing Lender be less than zero, (iii) multiplied by the Applicable Margin for determining the Unused Revolving Commitment Fee. The Unused Revolving Commitment Fee for such day. Such 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 each calendar quarter following the date hereofAvailability Period. The Unused Revolving Commitment Fee provided shall be calculated quarterly in this Section 2.9(b) arrears, and if there is any change in the Applicable Rate during any quarter, the actual daily amount shall accrue at all times from be computed and after multiplied by the execution and delivery of this AgreementApplicable Rate separately for each period during such quarter that such Applicable Rate was in effect.