Unused Revolving Line Facility Fee. A fee (the “Unused Revolving Line Facility Fee”), payable quarterly, in arrears, on a calendar year basis, in an amount equal to 0.375% (37.5 basis points) per annum of the average unused portion of the Revolving Line, as determined by Bank. The unused portion of the Revolving Line, for the purposes of this calculation, shall include amounts reserved under the Cash Management Services Sublimit for products provided and under the Foreign Exchange Sublimit for FX Forward Contracts. Borrower shall not be entitled to any credit, rebate or repayment of any Unused Revolving Line Facility Fee previously earned by Bank pursuant to this Section notwithstanding any termination of the Agreement or the suspension or termination of Bank’s obligation to make loans and advances hereunder.
Appears in 2 contracts
Samples: Loan and Security Agreement (Ista Pharmaceuticals Inc), Loan Modification Agreement (Ista Pharmaceuticals Inc)
Unused Revolving Line Facility Fee. A fee (the “Unused Revolving Line Facility Fee”), payable quarterlymonthly, in arrears, on a calendar year basis, in an amount equal to 0.375% one-quarter percent (37.5 basis points0.25%) per annum of the average unused portion of the Revolving Line, as determined by Bank. The unused portion of the Revolving Line, for the purposes of this calculation, shall include amounts reserved under the Cash Management Services Sublimit for products provided and under the Foreign Exchange Sublimit for in connection with Cash Management Services, FX Forward ContractsContracts and Letter of Credit usage. Borrower shall not be entitled to any credit, rebate or repayment of any Unused Revolving Line Facility Fee previously earned by Bank pursuant to this Section notwithstanding any termination of the Agreement or the suspension or termination of Bank’s obligation to make loans and advances hereunder.;
Appears in 1 contract
Samples: Loan and Security Agreement (Telecommunication Systems Inc /Fa/)
Unused Revolving Line Facility Fee. A fee (the “Unused Revolving Line Facility Fee”), payable quarterlymonthly, in arrears, on a calendar year basis, in an amount equal to 0.3750.30% (37.5 basis points) per annum of the average unused portion of the Revolving LineLine during such month, as determined by Bank. The unused portion of the Revolving Line, for the purposes of this calculation, shall include average amounts reserved under the for products provided in connection with Cash Management Services Sublimit for products provided and under the Foreign Exchange Sublimit for FX Forward ContractsContracts during such month. Borrower shall not be entitled to any credit, rebate or repayment of any Unused Revolving Line Facility Fee previously earned by Bank pursuant to this Section notwithstanding any termination of the Agreement or the suspension or termination of Bank’s obligation to make loans and advances hereunder., including during any Streamline Period; and
Appears in 1 contract
Unused Revolving Line Facility Fee. A fee (the “Unused Revolving Line Facility Fee”), payable quarterlymonthly, in arrears, on a calendar year basis, in an amount equal to 0.375% two tenths of one percent (37.5 basis points0.20%) per annum of the average unused portion of the Revolving Line, as determined by Bank. The unused portion of the Revolving Line, for the purposes of this calculation, shall include amounts reserved under the Cash Management Services Sublimit for products provided and under the Foreign Exchange Sublimit for FX Forward Contracts. Borrower Borrowers shall not be entitled to any credit, rebate or repayment of any Unused Revolving Line Facility Fee previously earned by Bank pursuant to this Section notwithstanding any termination of the Agreement or the suspension or termination of Bank’s obligation to make loans and advances hereunder.; and
Appears in 1 contract
Unused Revolving Line Facility Fee. A fee (the “Unused Revolving Line Facility Fee”), payable quarterlymonthly, in arrears, on a calendar year basis, in an amount equal to 0.375 percent (0.375% (37.5 basis points%) per annum of the average unused portion of the Revolving Line, as determined by Bank. The unused portion of the Revolving Line, for the purposes of this calculation, shall include amounts reserved under the Cash Management Services Sublimit for products provided and provided, under the Foreign Exchange Sublimit for FX Forward Contracts. Borrower shall not be entitled to any credit, rebate or repayment of any Unused Revolving Line Facility Fee previously earned by Bank pursuant to this Section notwithstanding any termination of the Agreement Agreement, or the suspension or termination of Bank’s obligation to make loans and advances hereunder., including during any Streamline Period; and
Appears in 1 contract
Samples: Loan and Security Agreement (Ramtron International Corp)
Unused Revolving Line Facility Fee. A fee (the “Unused Revolving Line Facility Fee”), payable quarterlymonthly, in arrears, on a calendar year basis, in an amount equal to 0.3750.35% (37.5 basis points) per annum of the average unused portion of the Revolving Line, as determined by Bank. The unused portion of the Revolving Line, for the purposes of this calculation, shall include amounts reserved under the Cash Management Services Sublimit for products provided and under the Foreign Exchange Sublimit for FX Forward Contracts. Borrower shall not be entitled to any credit, rebate or repayment of any Unused Revolving Line Facility Fee previously earned by Bank pursuant to this Section notwithstanding any termination of the Agreement Agreement, or the suspension or termination of Bank’s obligation to make loans and advances hereunder.; and
Appears in 1 contract
Unused Revolving Line Facility Fee. A fee (the “Unused Revolving Line Facility Fee”), payable quarterly, in arrears, on a calendar year basis, in an amount equal to 0.375% one-quarter of one percent (37.5 basis points0.25%) per annum of the average unused portion of the Revolving Line, as determined by Bank. The unused portion of the Revolving Line, for the purposes of this calculation, shall include amounts reserved under the for products provided in connection with Cash Management Services Sublimit for products provided and under the Foreign Exchange Sublimit for FX Forward Contracts. Borrower shall not be entitled to any credit, rebate or repayment of any Unused Revolving Line Facility Fee previously earned by Bank pursuant to this Section notwithstanding any termination of the Agreement or the suspension or termination of Bank’s obligation to make loans and advances hereunder.; and
Appears in 1 contract
Samples: Loan and Security Agreement (Bridgeline Digital, Inc.)
Unused Revolving Line Facility Fee. A fee (the “Unused Revolving Line Facility Fee”), payable quarterly, in arrears, on a calendar year basis, in an amount equal to 0.375% one quarter of one percent (37.5 basis points0.25%) per annum of the average unused portion of the Revolving Line, as determined by Bank. The unused portion of the Revolving Line, for the purposes of this calculation, shall include amounts reserved under the for products provided in connection with Cash Management Services Sublimit for products provided and under the Foreign Exchange Sublimit for FX Forward Contracts. Borrower shall not be entitled to any credit, rebate or repayment of any Unused Revolving Line Facility Fee previously earned by Bank pursuant to this Section notwithstanding any termination of the Agreement or the suspension or termination of Bank’s obligation to make loans and advances hereunder.; and
Appears in 1 contract
Samples: Loan and Security Agreement (Concurrent Computer Corp/De)
Unused Revolving Line Facility Fee. A fee (the “Unused Revolving Line Facility Fee”), payable quarterlymonthly, in arrears, on a calendar year basis, in an amount equal to 0.375% (37.5 basis points) per annum of the average unused portion of the Revolving Line, as determined in good faith by Bank. The unused portion of the Revolving Line, for the purposes of this calculation, shall include amounts reserved under equal the Cash Management Services Sublimit Revolving Line amount less the average for products provided and under the Foreign Exchange Sublimit for FX Forward Contractsperiod of the daily closing balance of the Revolving Line outstanding. Borrower shall not be entitled to any credit, rebate or repayment of any Unused Revolving Line Facility Fee previously earned by Bank pursuant to this Section 2.4(b) notwithstanding any termination of the Agreement or the suspension or termination of Bank’s obligation to make loans and advances hereunder.; and
Appears in 1 contract
Samples: Second Loan Modification Agreement (ExactTarget, Inc.)
Unused Revolving Line Facility Fee. A fee (the “Unused Revolving Line Facility Fee”), payable quarterly, in arrears, on a calendar year basis, in an amount equal to 0.3750.325% (37.5 basis points) per annum of the average unused portion of the Revolving Line, as determined by Bank. The unused portion of the Revolving Line, for the purposes of this calculation, shall include the FX Reserve and amounts reserved under the Cash Management Services Sublimit for products provided and under provided, but shall not include the Foreign Exchange Sublimit for FX Forward Contractsamount of outstanding Letters of Credit. Borrower shall not be entitled to any credit, rebate or repayment of any Unused Revolving Line Facility Fee previously earned by Bank pursuant to this Section notwithstanding any termination of the Agreement Agreement, or the suspension or termination of Bank’s obligation to make loans and advances hereunder.;
Appears in 1 contract