{"component": "clause", "props": {"groups": [{"size": 3, "snippet_links": [{"key": "calendar-quarter", "type": "clause", "offset": [9, 25]}, {"key": "beginning-with-the", "type": "clause", "offset": [26, 44]}, {"key": "fourth-quarter", "type": "definition", "offset": [45, 59]}, {"key": "through-december", "type": "clause", "offset": [83, 99]}, {"key": "equal-to", "type": "definition", "offset": [150, 158]}, {"key": "line-amount", "type": "definition", "offset": [268, 279]}, {"key": "ally-parties", "type": "definition", "offset": [328, 340]}, {"key": "due-and-payable", "type": "clause", "offset": [392, 407]}, {"key": "following-the", "type": "definition", "offset": [455, 468]}], "snippet": "For each calendar quarter beginning with the fourth quarter of 2020 (i.e., October through December, 2020), Dealership will pay an \u201cAvailability Fee\u201d equal to [***] times the difference between the average outstanding floorplan balance for such quarter and the Credit Line amount. 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Accrued availability fees shall be payable quarterly in arrears on the first day of each January, April, July and October commencing on the first such day after the date of this Agreement.", "samples": [{"hash": "lJnbbSlgRiS", "uri": "/contracts/lJnbbSlgRiS#availability-fee", "label": "Credit Agreement (Riviera Tool Co)", "score": 18.0, "published": true}], "hash": "abce8ebb63a3e769e51d1382072d8514", "id": 7}, {"size": 2, "snippet_links": [{"key": "days-after", "type": "definition", "offset": [21, 31]}, {"key": "third-anniversary", "type": "clause", "offset": [36, 53]}, {"key": "measurement-date", "type": "clause", "offset": [61, 77]}, {"key": "to-the-trustee", "type": "clause", "offset": [99, 113]}, {"key": "equal-to", "type": "definition", "offset": [124, 132]}, {"key": "balance-of-the", "type": "clause", "offset": [165, 179]}, {"key": "anniversary-date", "type": "definition", "offset": [207, 223]}, {"key": "holders-of", "type": "clause", "offset": [279, 289]}, {"key": "pro-rata", "type": "clause", "offset": [310, 318]}, {"key": "in-accordance-with", "type": "definition", "offset": [319, 337]}], "snippet": "Within five Business Days after the third anniversary of the Measurement Date, Alderwoods will pay to the Trustee an amount equal to 2% of the outstanding principal balance of the Five-Year Notes as of that anniversary date, which amount the Trustee will promptly forward to the Holders of the Five-Year Notes pro rata in accordance with their respective holdings of Five-Year Notes as of that anniversary date.", "samples": [{"hash": "iZSqEOZDU25", "uri": "/contracts/iZSqEOZDU25#availability-fee", "label": "Indenture (Loewen Group International Inc)", "score": 18.0, "published": true}, {"hash": "8Vu163wLhMq", "uri": "/contracts/8Vu163wLhMq#availability-fee", "label": "Indenture (Alderwoods Group Inc)", "score": 18.0, "published": true}], "hash": "3ee7440cd804abb75f35d409426863fe", "id": 4}, {"size": 3, "snippet_links": [{"key": "calendar-quarter", "type": "clause", "offset": [9, 25]}, {"key": "beginning-with-the", "type": "clause", "offset": [26, 44]}, {"key": "fourth-quarter", "type": "definition", "offset": [45, 59]}, {"key": "through-december", "type": "clause", "offset": [83, 99]}, {"key": "average-monthly", "type": "definition", "offset": [194, 209]}, {"key": "allowance-for", "type": "clause", "offset": [220, 233]}, {"key": "equal-to", "type": "definition", "offset": [290, 298]}, {"key": "ally-parties", "type": "definition", "offset": [485, 497]}, {"key": "due-and-payable", "type": "clause", "offset": [549, 564]}, {"key": "following-the", "type": "definition", "offset": [612, 625]}], "snippet": "For each calendar quarter beginning with the fourth quarter of 2020 (i.e., October through December, 2020), if the average outstanding floorplan balance for such quarter is less than 50% of the average Monthly Floorplan Allowance for such quarter, Dealership will pay an \u201cAvailability Fee\u201d equal to [***] times the difference between the average outstanding floorplan balance and the average Monthly Floorplan Allowance for such quarter. The Availability Fee will be calculated by the Ally Parties promptly after the end of each quarter and will be due and payable no later than the end of the month immediately following the end of such quarter.", "samples": [{"hash": "eHNRNA85pX8", "uri": "/contracts/eHNRNA85pX8#availability-fee", "label": "Inventory Financing and Security Agreement (Vroom, Inc.)", "score": 29.8637919233, "published": true}], "hash": "6cdeff3a6947e1c820cc7c630552c905", "id": 1}, {"size": 2, "snippet_links": [{"key": "the-debtor", "type": "clause", "offset": [0, 10]}, {"key": "to-pay", "type": "clause", "offset": [22, 28]}, {"key": "the-bank", "type": "clause", "offset": [29, 37]}, {"key": "the-non", "type": "clause", "offset": [92, 99]}, {"key": "disbursed-amount", "type": "definition", "offset": [100, 116]}, {"key": "loan-disbursement-date", "type": "definition", "offset": [148, 170]}, {"key": "termination-date", "type": "definition", "offset": [181, 197]}], "snippet": "The Debtor undertakes to pay the Bank an availability fee equivalent to 0.05% calculated on the non-disbursed amount. This fee shall be paid on the Loan disbursement date or on the Termination Date, if there is no disbursement.", "samples": [{"hash": "bfanB4GiNNV", "uri": "/contracts/bfanB4GiNNV#availability-fee", "label": "Credit Facility Agreement (Inversiones Y Rentas S.A.)", "score": 32.3785078713, "published": true}, {"hash": "kb1UzAWReEq", "uri": "/contracts/kb1UzAWReEq#availability-fee", "label": "Credit Facility Agreement (Inversiones Y Rentas S.A.)", "score": 32.1622176591, "published": true}], "hash": "073f356c9bab4ab796773a46ca85dfb2", "id": 3}, {"size": 2, "snippet_links": [{"key": "in-consideration-of", "type": "clause", "offset": [0, 19]}, {"key": "extended-assignments", "type": "clause", "offset": [65, 85]}, {"key": "payment-of", "type": "definition", "offset": [117, 127]}, {"key": "per-week", "type": "definition", "offset": [169, 177]}, {"key": "of-work", "type": "clause", "offset": [178, 185]}, {"key": "in-addition-to-the", "type": "clause", "offset": [187, 205]}, {"key": "weekly-salary", "type": "clause", "offset": [206, 219]}, {"key": "appendix-c", "type": "clause", "offset": [256, 266]}, {"key": "the-special", "type": "definition", "offset": [380, 391]}, {"key": "paid-days", "type": "clause", "offset": [474, 483]}, {"key": "not-worked", "type": "clause", "offset": [484, 494]}, {"key": "terms-and-conditions-of-employment", "type": "definition", "offset": [526, 560]}, {"key": "in-the-general", "type": "clause", "offset": [568, 582]}, {"key": "national-agreement", "type": "clause", "offset": [604, 622]}, {"key": "the-following-provisions-are", "type": "clause", "offset": [624, 652]}, {"key": "applicable-to", "type": "clause", "offset": [666, 679]}], "snippet": "In consideration of a staff continuity writer\u2019s availability for extended assignments, he/she will receive a special payment of One Hundred and Thirty Dollars ($130.00) per week of work. In addition to the weekly salary specified in Paragraph E(1) of this Appendix C and any overscale payments currently being made to such staff continuity writer employed as of February 1, 1996. The special payment will not be paid during a writer\u2019s vacation, on a holiday or on any other paid days not worked. In addition to the applicable terms and conditions of employment listed in the general pro- visions of this National Agreement, the following provisions are specifically applicable to the Washington D.C. Staff Television Assignment Editors:", "samples": [{"hash": "aHJEoIEYDd7", "uri": "/contracts/aHJEoIEYDd7#availability-fee", "label": "National Agreement", "score": 27.1518806537, "published": true}, {"hash": "eULdAzFdB22", "uri": "/contracts/eULdAzFdB22#availability-fee", "label": "National Agreement", "score": 20.5137642718, "published": true}], "hash": "da021ae8900173d188fc253c9e419cf0", "id": 5}, {"size": 2, "snippet_links": [{"key": "borrower-will", "type": "clause", "offset": [0, 13]}, {"key": "to-lender", "type": "definition", "offset": [18, 27]}, {"key": "at-the-time", "type": "clause", "offset": [29, 40]}, {"key": "any-advance", "type": "clause", "offset": [44, 55]}, {"key": "equal-to", "type": "definition", "offset": [84, 92]}, {"key": "the-product", "type": "clause", "offset": [93, 104]}, {"key": "the-percentage", "type": "definition", "offset": [108, 122]}, {"key": "the-schedule", "type": "clause", "offset": [137, 149]}, {"key": "fee-percentage", "type": "definition", "offset": [170, 184]}, {"key": "availability-advance", "type": "definition", "offset": [240, 260]}], "snippet": "Borrower will pay to Lender, at the time of any Advance, a fee (\"Availability Fee\") equal to the product of the percentage identified in the Schedule as the Availability Fee Percentage times the portion of such Advance which constitutes an Availability Advance.", "samples": [{"hash": "9n2noTqw2Rc", "uri": "/contracts/9n2noTqw2Rc#availability-fee", "label": "Loan and Security Agreement (Cr Resorts Capital S De R L De C V)", "score": 18.0, "published": true}], "hash": "0a417700ff8e131c5e1cb5c2c8f31f7a", "id": 6}, {"size": 2, "snippet_links": [{"key": "additional-compensation", "type": "clause", "offset": [3, 26]}, {"key": "the-banks", "type": "clause", "offset": [30, 39]}, {"key": "agreement-to-extend", "type": "clause", "offset": [50, 69]}, {"key": "lines-of-credit", "type": "definition", "offset": [74, 89]}, {"key": "to-borrower", "type": "definition", "offset": [90, 101]}, {"key": "pay-to", "type": "definition", "offset": [122, 128]}, {"key": "each-bank", "type": "clause", "offset": [129, 138]}, {"key": "in-arrears", "type": "definition", "offset": [194, 204]}, {"key": "day-of", "type": "clause", "offset": [218, 224]}, {"key": "quarterly-period", "type": "definition", "offset": [230, 246]}, {"key": "at-maturity", "type": "clause", "offset": [299, 310]}, {"key": "equal-to", "type": "definition", "offset": [415, 423]}, {"key": "the-product", "type": "clause", "offset": [424, 435]}, {"key": "daily-unused-amount", "type": "definition", "offset": [455, 474]}, {"key": "credit-available", "type": "clause", "offset": [498, 514]}, {"key": "business-day", "type": "clause", "offset": [721, 733]}, {"key": "calendar-quarter", "type": "clause", "offset": [742, 758]}, {"key": "maturity-date", "type": "clause", "offset": [769, 782]}], "snippet": "As additional compensation to the Banks for their agreement to extend the Lines of Credit to Borrower, Borrower agrees to pay to each Bank an availability fee (the \"Availability Fee\") quarterly in arrears on the first day of each quarterly period (or portion thereof) commencing January 1, 1993 and at maturity. The Availability Fee due to each Bank for any quarterly period (or portion thereof) shall be an amount equal to the product of (i) the average daily unused amount of such Bank's Line of Credit available for disbursement during such period multiplied by (ii) 0.000625. Each Bank's Availability Fee shall be payable quarterly in arrears commencing January 1, 1993 and every three months thereafter on the first business day of each calendar quarter until the Maturity Date.", "samples": [{"hash": "7CaghkS9vpF", "uri": "/contracts/7CaghkS9vpF#availability-fee", "label": "Loan Agreement (Schultz Sav O Stores Inc)", "score": 18.0, "published": true}], "hash": "cb38120ee992363b7b217b77ede425b5", "id": 8}, {"size": 2, "snippet_links": [{"key": "the-borrower", "type": "definition", "offset": [0, 12]}, {"key": "to-the-bank", "type": "clause", "offset": [27, 38]}, {"key": "unused-portion", "type": "definition", "offset": [80, 94]}, {"key": "date-of-this-agreement", "type": "definition", "offset": [122, 144]}, {"key": "termination-date", "type": "definition", "offset": [155, 171]}, {"key": "rate-of", "type": "clause", "offset": [179, 186]}, {"key": "per-annum", "type": "definition", "offset": [192, 201]}, {"key": "based-on", "type": "clause", "offset": [203, 211]}, {"key": "a-year", "type": "definition", "offset": [212, 218]}, {"key": "in-arrears", "type": "definition", "offset": [240, 250]}, {"key": "term-of-the-commitment", "type": "clause", "offset": [263, 285]}, {"key": "commencing-on", "type": "clause", "offset": [287, 300]}, {"key": "day-of", "type": "clause", "offset": [348, 354]}, {"key": "due-and-payable", "type": "clause", "offset": [415, 430]}, {"key": "accrued-interest", "type": "clause", "offset": [466, 482]}, {"key": "paid-in-full", "type": "clause", "offset": [486, 498]}], "snippet": "The Borrower agrees to pay to the Bank an availability fee on the average daily unused portion of the Commitment from the date of this Agreement until the Termination Date at the rate of .25% per annum, based on a year of 360 days, payable in arrears, during the term of the Commitment, commencing on September 29, 2000, and continuing on the same day of each quarterly anniversary thereafter, with a final payment due and payable on the date that all principal and accrued interest is paid in full.", "samples": [{"hash": "74mKCsUzoN", "uri": "/contracts/74mKCsUzoN#availability-fee", "label": "Revolving Credit Loan Agreement (Integrated Circuit Systems Inc)", "score": 18.0, "published": true}], "hash": "794434332c1fa375326824529efb4c5e", "id": 9}, {"size": 2, "snippet_links": [{"key": "the-borrower-shall", "type": "clause", "offset": [0, 18]}, {"key": "to-bank", "type": "definition", "offset": [23, 30]}, {"key": "with-respect-to", "type": "clause", "offset": [76, 91]}, {"key": "calendar-quarter", "type": "clause", "offset": [97, 113]}, {"key": "the-revolving-credit-note", "type": "clause", "offset": [133, 158]}, {"key": "based-on", "type": "clause", "offset": [160, 168]}, {"key": "unused-amount", "type": "definition", "offset": [173, 186]}, {"key": "equal-to", "type": "definition", "offset": [241, 249]}, {"key": "original-amount", "type": "definition", "offset": [305, 320]}, {"key": "the-revolving-credit-loan", "type": "clause", "offset": [411, 436]}, {"key": "actual-number-of-days", "type": "clause", "offset": [478, 499]}, {"key": "payable-to", "type": "definition", "offset": [594, 604]}, {"key": "in-arrears", "type": "definition", "offset": [621, 631]}, {"key": "days-after", "type": "definition", "offset": [653, 663]}, {"key": "receipt-of-an-invoice", "type": "definition", "offset": [675, 696]}], "snippet": "The Borrower shall pay to Bank an availability fee (the `Availability Fee\") with respect to each calendar quarter during the term of the Revolving Credit Note, based on the unused amount of such Note. The Availability Fee shall be an amount equal to A x (B-C) x (D/E), where A is equal 1/4%; B equals the original amount of the Revolving Credit Note; C equals the average daily outstanding principal balance of the Revolving Credit Loan during the calendar quarter; D equal the actual number of days elapsed during the calendar quarter; and E equals 360. Each Availability Fee shall be due and payable to Bank quarterly, in arrears, within fifteen (15) days after Borrower's receipt of an invoice for the Availability Fee from Bank.", "samples": [{"hash": "1cqccrT6aGi", "uri": "/contracts/1cqccrT6aGi#availability-fee", "label": "Loan Agreement (U S Global Investors Inc)", "score": 18.0, "published": true}], "hash": "61f442be416da8fa916507838c970f61", "id": 10}], "next_curs": "ClkSU2oVc35sYXdpbnNpZGVyY29udHJhY3RzcjULEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhlhdmFpbGFiaWxpdHktZmVlIzAwMDAwMDBhDKIBAmVuGAAgAA==", "clause": {"parents": [["the-agreement", "THE AGREEMENT"], ["interest-principal-reductions-late-charges-costs-expenses-and-other-charges-and-fees", "Interest Principal Reductions Late Charges Costs Expenses and Other Charges and Fees"], ["defined-terms", "Defined  Terms"], ["terms-defined-herein", "Terms Defined Herein"], ["loan-commitment-use-of-proceeds", "Loan Commitment Use of Proceeds"]], "title": "Availability Fee", "size": 55, "children": [["due-incorporation-and-status-of-the-company", "Due Incorporation and Status of the Company"], ["reit-status", "REIT  Status"], ["due-incorporation", "Due Incorporation"], ["no-liens", "No Liens"], ["corporate-status", "Corporate Status"]], "id": "availability-fee", "related": [["facility-fee", "Facility Fee", "Facility Fee"], ["unused-facility-fee", "Unused Facility Fee", "Unused Facility Fee"], ["unused-revolving-line-facility-fee", "Unused Revolving Line Facility Fee", "Unused Revolving Line Facility Fee"], ["utilization-fee", "Utilization Fee", "Utilization Fee"], ["facility-fees", "Facility Fees", "Facility Fees"]], "related_snippets": [], "updated": "2025-07-07T12:36:22+00:00", "also_ask": ["What are the most effective negotiation levers for adjusting the Availability Fee amount or structure?", "Which essential components must be included in an Availability Fee clause to ensure clarity and enforceability?", "What are the primary legal risks or ambiguities that could render an Availability Fee clause unenforceable?", "How does the treatment of Availability Fees differ across common law and civil law jurisdictions?", "What evidentiary standards do courts apply when assessing disputes over Availability Fee obligations?"], "drafting_tip": "Specify calculation method and payment schedule to ensure clarity; define adjustment mechanisms to address changes in service levels.", "explanation": "An Availability Fee clause defines a recurring payment made to a service provider or contractor to ensure that a facility, asset, or service remains operational and accessible, regardless of actual usage. Typically, this fee is paid at regular intervals, such as monthly or annually, and is contingent on the provider meeting specified performance or uptime standards. The core function of this clause is to incentivize consistent availability and reliability, ensuring that the client can depend on the resource being ready for use when needed."}, "json": true, "cursor": ""}}