Use fee definition
Examples of Use fee in a sentence
Notwithstanding anything to the contrary in this Agreement or any Loan Document, and for the avoidance of doubt, (I) any applicable Break Fee Premium shall be a lump sum payment and shall not accrue as a percentage of the Term Loans or Obligations like interest, and (II) no Break Fee Account Holding Without Use Fee shall be applicable, owed, due, payable or paid by the Borrower or any of its Subsidiaries when a Break Fee Premium is applicable, owed, due, payable or paid.
A complete list of additional charges is contained in the Owner’s Rental and Use Fee Schedule which is described above.
The rental fee is based on the daily rental rates set forth in the Owner’s Rental and Use Fee Schedule which is posted on the Owner’s web page for the Exposition Center and which is incorporated herein by reference.
Notwithstanding anything to the contrary in this Agreement or any Loan Document, and for the avoidance of doubt, (I) any applicable Alternative Premium shall be a lump sum payment and shall not accrue as a percentage of the Term Loans or Obligations like interest, and (II) no Alternative Account Holding Without Use Fee shall be applicable, owed, due, payable or paid by the Borrower or any of its Subsidiaries when an Alternative Premium is applicable, owed, due, payable or paid.