Examples of Applicable Unused Line Fee Percentage in a sentence
The Unused Line Fee shall be, for each day after the Closing Date through the Maturity Date, an amount equal to (a) the difference between (1) the Maximum Amount, and (2) the closing balance of the Loans for such day, multiplied by (b) the Applicable Unused Line Fee Percentage, the product of which is then divided by (c) 360.
The Unused Line Fee shall be, for each day after the Closing Date through the Maturity Date, an amount equal to (a) the difference between (1) the Maximum Amount, and (2) the Revolving Facility Usage, multiplied by (b) the Applicable Unused Line Fee Percentage, the product of which is then divided by (c) 360.
The State may also waive this defense tacitly or expressly.126In any case, arguments on the exhaustion of domestic remedies must be raised at the appropriate procedural time, whether invoked by the petitioner or the State.
The Borrowers shall, jointly and severally, pay to the Agent, for the pro rata benefit of the Lenders (other than any Defaulting Lender), a fee equal to the Applicable Unused Line Fee Percentage multiplied by the amount by which the Commitments (other than Commitments of a Defaulting Lender) exceed the average daily balance of outstanding Loans (other than Swingline Loans) and stated amount of outstanding Letters of Credit during any calendar quarter (such fee, the “Unused Line Fee”).
The Unused Line Fees shall be calculated as of the end of each calendar quarter of Borrower and on the Termination Date (or such earlier date on which the Revolving Loan has been terminated and all Obligations under the Revolving Loan are fully and finally paid) and shall be determined by multiplying (i) the Applicable Unused Line Fee Percentage for such calendar quarter (or portion thereof) by (ii) the Unused Revolving Loan Commitment Amount for each day during such calendar quarter (or portion thereof).