Examples of Unused Commitment Fee Percentage in a sentence
The Borrower shall pay to the Bank quarterly in arrears on each Quarterly Date and on the Revolving Credit Termination Date, an unused commitment fee (the "Unused Commitment Fee") equal to the Unused Commitment Fee Percentage on the average daily Unused Amount of the Revolving Commitment for such calendar quarter (or portion thereof in the case of the payment of the Unused Commitment Fee due on June 30, 2002) on the basis of a year of 360 days for the actual number of days elapsed.
During the period from the date hereof until the earlier of the Revolving Credit Expiration Date or the date on which the Revolving Credit Facility is terminated pursuant to the provisions hereof, the Borrower shall pay to the Lender an availability fee in a per annum amount equal to the Unused Commitment Fee Percentage times the average daily unused portion of the Revolving Credit Amount.
Our hope is that there will be significant changes in these interactions.
During the period from the date hereof until the earlier of the Revolving Credit Expiration Date or thedate on which the Revolving Credit Facility is terminated pursuant to the provisions hereof, the Borrower shall pay to the Lender an Unused Commitment Fee in a per annum amount equal to the Unused Commitment Fee Percentage times the average daily unused portion of the Revolving Credit Amount.