Common use of U.S. Unused Line Fee Clause in Contracts

U.S. Unused Line Fee. U.S. Borrowers shall pay to Agent, for the Pro Rata benefit of U.S. Lenders, a fee equal to 0.375% per annum times the average daily amount by which the U.S. Revolver Commitments exceed the U.S. Revolver Exposure during any month; provided, that such fee shall reduce to 0.25% per annum for any month during which the average daily amount of the U.S. Revolver Exposure exceeded 50% of the U.S. Revolver Commitments. Such fee shall be payable in arrears, on the first day of each month and on the U.S. Revolver Commitment Termination Date.

U.S. Unused Line Fee. U.S. Borrowers shall pay to the Agent, for the Pro Rata benefit of U.S. Lenders, a fee equal to 0.375% per annum times the average daily amount by which the U.S. Revolver Commitments exceed the U.S. Revolver Exposure during any month; provided. Notwithstanding anything to the contrary set forth herein, that such fee outstanding U.S. Swingline Loans shall reduce to 0.25% per annum for any month during which the average daily amount of the not be taken into account when determining U.S. Revolver Exposure exceeded 50% for purposes of the U.S. Revolver Commitmentsthis Section 3.2.1(b). Such fee shall be payable in arrears, on the first day of each month and on the U.S. Revolver Commitment Termination Date.

U.S. Unused Line Fee. U.S. Borrowers shall pay to the Agent, for the Pro Rata benefit of U.S. Lenders, a fee equal to 0.3750.250% per annum times the average daily amount by which the U.S. Revolver Commitments exceed the U.S. Revolver Exposure during any month; provided. Notwithstanding anything to the contrary set forth herein, that such fee outstanding U.S. Swingline Loans shall reduce to 0.25% per annum for any month during which the average daily amount of the not be taken into account when determining U.S. Revolver Exposure exceeded 50% for purposes of the U.S. Revolver Commitmentsthis Section 3.2.1(b). Such fee shall be payable in arrears, on the first day of each month and on the U.S. Revolver Commitment Termination Date.