Examples of Unused Portion in a sentence
In the event that this Agreement is terminated for any reason (other than based on a material breach or default of NK in accordance with Section 6.2 above), the Unused Portion of the license fee paid to Aspect by NK under Section 2.1(c) of this Agreement shall be refunded to NK by Aspect.
The final fee payment shall be due on the Maturity Date for any period then ending for which the Unused Portion Fee shall not have been theretofore paid.
In the event the Revolving Commitment terminates on any date prior to the end of any such quarterly period, Borrower shall pay to Banks, on the date of such termination, the prorated portion of the total Unused Portion Fee due for such of the period in which such termination occurs.
On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.50% per annum times the Average Unused Portion of the Maximum Revolving Amount.
On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.375% per annum times the Average Unused Portion of the Maximum Amount.