Examples of Excess Utilization Day in a sentence
There is also good pool habitat within China Creek for refuge for larger aquatic organisms such as trout.
All Facility Fees shall be computed on the basis of the actual number of days elapsed in a year of 360 days.(b) The Borrower agrees to pay to the Administrative Agent for the account of each Lender, a utilization fee (a “Utilization Fee”) at a rate per annum equal to the Utilization Fee Applicable Percentage for each Excess Utilization Day during the period for which payment is made on the outstanding Loans of such Lender on such Excess Utilization Day.
The Company agrees to pay to the Agent, for the account of each Bank, a utilization fee for each Excess Utilization Day at a rate per annum equal to 0.125% on the amount of such Bank's Aggregate Outstanding Extensions of Credit on such Excess Utilization Day.