Unused Revolving Line Facility Fee. In addition to the foregoing, as compensation for the Bank’s maintenance of sufficient funds available for such purpose, the Bank shall have earned a fee (the “Unused Revolving Line Facility Fee”), which fee shall be paid quarterly, in arrears, on a calendar year basis, in an amount equal to one-quarter of one percent (0.25%) per annum of the average unused portion of the Revolving Line, as determined by the Bank (including any issued and outstanding Letters of Credit). The Borrower shall not be entitled to any credit, rebate or repayment of any Unused Revolving Line Facility Fee previously earned by the Bank pursuant to this Section notwithstanding any termination of the within Agreement, or suspension or termination of the Bank’s obligation to make loans and advances hereunder; and
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Unused Revolving Line Facility Fee. In addition to the foregoing, as compensation for the Bank’s maintenance of sufficient funds available for such purpose, the Bank shall have earned a A fee (the “Unused Revolving Line Facility Fee”), which fee shall be paid quarterlypayable monthly, in arrears, on a calendar year basis, in an amount equal to one-quarter half of one percent (0.250.50%) per annum of the average unused portion of the Revolving Line, as determined by Bank. The unused portion of the Bank (including any issued and outstanding Revolving Line, for the purposes of this calculation, shall not include amounts reserved for products provided in connection with Cash Management Services, FX Forward Contracts or Letters of Credit). The Borrower shall not be entitled to any credit, rebate or repayment of any Unused Revolving Line Facility Fee previously earned by the Bank pursuant to this Section notwithstanding any termination of the within Agreement, Agreement or the suspension or termination of the Bank’s obligation to make loans and advances hereunder, including during any Streamline Period; and” and inserting in lieu thereof the following:
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Samples: Loan Modification Agreement (NxStage Medical, Inc.)
Unused Revolving Line Facility Fee. In addition to the foregoing, as compensation for the Bank’s maintenance of sufficient funds available for such purpose, the Bank shall have earned a A fee (the “Unused Revolving Line Facility Fee”), which fee shall be paid quarterlypayable monthly, in arrears, on a calendar year basis, in an amount per annum equal to one-quarter of one percent (0.25%) per annum the Unused Line Fee Percentage of the average unused portion of the Revolving LineTotal Commitment, as reasonably determined by the Bank (including any issued and outstanding Letters of Credit)Bank. The unused portion of the Total Commitment, 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 the Bank pursuant to this Section notwithstanding any termination of the within Agreement, or suspension or termination of the Bank’s obligation to make loans and advances hereunder; and
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Samples: Loan and Security Agreement (Axcelis Technologies Inc)
Unused Revolving Line Facility Fee. In addition to the foregoing, as compensation for the Bank’s maintenance of sufficient funds available for such purpose, the Bank shall have earned a A fee (the “Unused Revolving Line Facility Fee”), which fee shall be paid payable quarterly, in arrears, on a calendar year basisbasis on the last Business Day of each quarter, in an amount equal to one-quarter half of one percent (0.250.50%) per annum of the average unused portion of the Revolving Line, as determined by the Bank (including any issued and outstanding Letters of Credit)Bank. The unused portion of the Revolving Line, for the purposes of this calculation, shall not include amounts reserved for products provided in connection with Cash Management Services and FX Forward Contracts. Borrower shall not be entitled to any credit, rebate or repayment of any Unused Revolving Line Facility Fee previously earned by the Bank pursuant to this Section notwithstanding any termination of the within Agreement, Agreement or the suspension or termination of the Bank’s obligation to make loans and advances hereunder, including during any Streamline Period; and
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Unused Revolving Line Facility Fee. In addition to the foregoing, as compensation for the Bank’s maintenance of sufficient funds available for such purpose, the Bank shall have earned a A fee (the “Unused Revolving Line Facility Fee”), which fee shall be paid quarterlypayable monthly, in arrears, on a calendar year basis, in an amount equal to one-quarter of one percent (0.25%) per annum of the average unused portion of the Revolving Line, as determined by Bank. The unused portion of the Bank (including any issued and outstanding Revolving Line, for the purposes of this calculation, shall not include amounts reserved for products provided in connection with Letters of Credit), Cash Management Services and FX Forward Contracts. The Borrower shall not be entitled to any credit, rebate or repayment of any Unused Revolving Line Facility Fee previously earned by the Bank pursuant to this Section notwithstanding any termination of the within Agreement, Agreement or the suspension or termination of the Bank’s obligation to make loans and advances hereunder; and, including during any Streamline Period;
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Samples: Loan and Security Agreement (Wireless Ronin Technologies Inc)
Unused Revolving Line Facility Fee. In addition to the foregoing, as compensation for the Bank’s maintenance of sufficient funds available for such purpose, the Bank shall have earned a A fee (the “Unused Revolving Line Facility Fee”), which fee shall be paid quarterlypayable monthly, in arrears, on a calendar year basis, in an amount equal to one-quarter of one half percent (0.250.50%) per annum of the average unused portion of the Revolving Line, as determined by the Bank (including any issued and outstanding Letters of Credit)Bank. The unused portion of the Revolving Line, for the purposes of this calculation, shall not include amounts reserved for products provided in connection with any Letter of Credit Reserve, Cash Management Services and FX Forward Contracts. Borrower shall not be entitled to any credit, rebate or repayment of any Unused Revolving Line Facility Fee previously earned by the Bank pursuant to this Section notwithstanding any termination of the within Agreement, Agreement or the suspension or termination of the Bank’s obligation to make loans and advances hereunder; and, including during any Streamline Period;
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Unused Revolving Line Facility Fee. In addition to the foregoing, as compensation for the Bank’s maintenance of sufficient funds available for such purpose, the Bank shall have earned a A fee (the “Unused Revolving Line Facility Fee”), which fee shall be paid quarterlypayable monthly, in arrears, on a calendar year basis, in an amount equal to one-quarter of one percent (0.25%) per annum of the average unused portion of the Revolving Line, as determined by Bank. The unused portion of the Bank (including any issued and outstanding Revolving Line, for the purposes of this calculation, shall not include amounts reserved for products provided in connection with Letters of Credit), Cash Management Services and FX Forward Contracts. The Borrower shall not be entitled to any credit, rebate or repayment of any Unused Revolving Line Facility Fee previously earned by the Bank pursuant to this Section notwithstanding any termination of the within Agreement, Agreement or the suspension or termination of the Bank’s obligation to make loans and advances hereunder; and, including during any Streamline Period;” and inserting the following in lieu thereof:
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Samples: Loan Modification Agreement (Wireless Ronin Technologies Inc)
Unused Revolving Line Facility Fee. In addition to the foregoing, as compensation for the Bank’s maintenance of sufficient funds available for such purpose, the Bank shall have earned a A fee (the “Unused Revolving Line Facility Fee”), which fee shall be paid quarterlypayable monthly, in arrears, on a calendar year basisbasis on the last Business Day of each month, in an amount equal to one-quarter of one percent (0.25%) per annum of the average unused portion of the Revolving Line, as determined by the Bank (including any issued and outstanding Letters of Credit)Bank. The unused portion of the Revolving Line, for the purposes of this calculation, shall not include amounts reserved for products provided in connection with Cash Management Services and FX Forward Contracts. Borrower shall not be entitled to any credit, rebate or repayment of any Unused Revolving Line Facility Fee previously earned by the Bank pursuant to this Section notwithstanding any termination of the within Agreement, Agreement or the suspension or termination of the Bank’s obligation to make loans and advances hereunder, including during any Streamline Period; and” and inserting in lieu thereof the following:
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