Non-Usage Fee definition

Non-Usage Fee. The meaning set forth in the Fee Letter.

Non-Usage Fee shall have the meaning set forth in Section 2.6.

Non-Usage Fee has the meaning assigned to that term in Section 2.09(a).

Examples of Non-Usage Fee in a sentence

• Each Semi Annual Non-Usage Fee or Termination Fee is payable, in cash, within five (5) business days of the date it accrued.

• In the event that the Company delivers a Termination Notice to the Investor or an Automatic Termination occurs, the Company shall pay to the Investor (the "Termination Fee") the greater of (i) the Semi-Annual Non-Usage Fee for the applicable Commitment Evaluation Period, or (ii) the difference of (x) $200,000, minus (y) 10% of the aggregate Put Dollar Amount of the Put Shares put to Investor during all Puts to date, and the Company shall not be required to pay the Semi-Annual Non-Usage Fee thereafter.

• The Administrative Agent shall determine the Interest (including unpaid Interest related thereto, if any, due and payable on a prior Payment Date) and the Non-Usage Fee (including any previously accrued and unpaid Non-Usage Fee) to be paid by the Borrower on each Payment Date for the related Accrual Period and shall advise the Collateral Manager thereof on the third Business Day prior to such Payment Date.

• All computations of interest and other fees hereunder shall be made on the basis of a year consisting of 360 days (other than calculations with respect to the Base Rate and the Non-Usage Fee, which shall each be based on a year consisting of 365 or 366 days, as applicable) for the actual number of days elapsed.

• Lender computes the Non-Usage Fee on the basis of the actual number of days in each Calendar Quarter and a year of 360 days.

More Definitions of Non-Usage Fee

Non-Usage Fee has the meaning set forth in Section 3.4.

Non-Usage Fee. A fee with respect to each Accrual Period in an amount equal to the sum for each day during such Accrual Period of (x) the product of (a) the Unused Facility Amount as of the close of business on such day multiplied by (b) the Non-Usage Fee Rate with respect to such day, divided by (y) 365.

Non-Usage Fee. A fee payable quarterly in arrears for each Accrual Period equal to:

Non-Usage Fee has the meaning assigned to it in the Pricing Side Letter.

Non-Usage Fee. The fee set forth in the Transactions Terms Letter payable by Seller monthly in arrears on each Price Differential Date, based upon the unused portion of the Committed Amount.

Non-Usage Fee. With respect to each Accrual Period through the Funding Termination Date, an amount, payable to ***, Inc. to the account specified in Annex 2 to the Certificate Purchase Agreement, equal to the product of (a) 0.0025 per annum and (b) the positive difference between the Maximum Series Amount for the Class A-R, B-R, Class C1-R and C2-R Certificates in this Series and the average Outstanding Principal Amount of all Class A-R, B-R, Class C1-R and C2-R Certificates in this Series during such Accrual Period.

Non-Usage Fee is defined in Section 9.1.