Examples of Revolving Loan Fee in a sentence
The accrued and unpaid portion of the Revolving Loan Fee shall be paid by the Borrowers to the Agent in arrears on the first day of each quarter, on the first day of each January, April, July and October of each year during the Revolving Credit Term, and on the Revolving Credit Maturity Date.
In addition, on the first Business Day of each June, September, December, and March, beginning June 1, 2000, Borrower shall pay to Bank in arrears a commitment fee equal to the Revolving Loan Fee Margin per annum multiplied by the difference between the Revolving Loan Credit Limit and the average daily outstanding principal balance of the Revolving Note during such quarter.
The L/C Commitment Increase shall be effective upon the Borrowers' payment of the increased Annual Revolving Loan Fee under Section 5.2(d), if applicable.
Borrower shall pay Bank a fee in the amount of Twenty Five Thousand Dollars ($25,000) ("Equipment Loan Fee") of which a payment of $25,000 has been received by Bank; a fee in the amount of Ten Thousand Dollars ($10,000) ("Revolving Loan Fee") of which a payment of $10,000 has been received by Bank, and an Exim Loan Fee in the amount of Twenty Six Thousand Two Hundred Fifty Dollars ($26,250) of which a payment of $26,250 has been received by Bank, plus all out-of-pocket expenses .
The Revolving Loan Fee and the Supplemental Loan Fee each are considered earned on the date hereof and are not refundable.
Xxxxx DATE: August 9, 1999 Revolving Loan Fee $3,500.00 UCC Search Fee 75.00 Documentation Fee 250.00 TOTAL FEE DUE $3,825.00 ------------- ========= Please indicate the method of payment: { } A check for the total amount is attached.
Borrower will pay Lender the Revolving Loan Fee outlined in the Revolving Loan Schedule.
The accrued Revolving Loan Fee shall be due and payable in arrears on each Quarterly Payment Date hereafter and on the Termination Date for the three month period or other time period ending on the last day of the preceding fiscal quarter or on the Termination Date.
The Revolving Loan Fee payable to the Lender which is the Swing Line Lender shall be based upon the amount determined by multiplying such Lender’s Pro Rata Share by the average daily amount by which the Aggregate Revolving Loan Commitment exceeds the actual aggregate outstanding principal balance of the Revolving Loans plus the LC Obligations on each day and subtracting from that amount the average daily outstanding principal balance of the Revolving Swing Line Loans.
During the year ended December 31, 2010, the Company incurred fees of $0.6 million (2009: $1.1 million) for legal services provided by a firm in which a director and corporate secretary is a partner.