Common use of Utilisation fee Clause in Contracts

Utilisation fee. (a) The Borrowers shall pay a utilisation fee calculated by reference to the daily amount outstanding under the Facilities during each consecutive period of three (3) Months (the first of such period beginning on the date of this Agreement) multiplied by the percentage as set out in the table below: Less than or equal to 331/3 per cent. of the aggregate Revolving Facility Commitments from time to time 0.15 % Higher than 331/3 per cent. but less than or equal to 662/3 per cent. of the aggregate Revolving Facility Commitments from time to time 0.30 % Higher than 662/3 per cent. of the aggregate Revolving Facility Commitments from time to time 0.60 % (b) The accrued utilisation fee with respect to Revolving Facility A shall be payable in US Dollars and the accrued utilisation fee with respect to Revolving Facility B shall be payable in Euro in each case starting from the date of first Utilisation under the Facilities, quarterly in arrears and on the date on which all outstanding amounts under the Facilities are prepaid and the Facilities are cancelled in full.

Utilisation fee. (a) The Borrowers shall pay a utilisation fee calculated by reference to the daily amount outstanding under the Facilities during each consecutive period of three (3) Months (the first of such period beginning on the date of this Agreement) multiplied by the percentage as set out in the table below: Less than or equal to 331/3 per cent. of the aggregate Revolving Facility Commitments from time to time 0.15 0.15% Higher than 331/3 per cent. but less than or equal to 662/3 per cent. of the aggregate Revolving Facility Commitments from time to time 0.30 0.30% Higher than 662/3 per cent. of the aggregate Revolving Facility Commitments from time to time 0.60 0.60% (b) The accrued utilisation fee with respect to Revolving Facility A shall be payable in US Dollars and the accrued utilisation fee with respect to Revolving Facility B shall be payable in Euro in each case starting from the date of first Utilisation under the Facilities, quarterly in arrears and on the date on which all outstanding amounts under the Facilities are prepaid and the Facilities are cancelled in full.