Common use of Commitment Fee; Reductions in Aggregate Commitment Clause in Contracts

Commitment Fee; Reductions in Aggregate Commitment. The Borrower agrees to pay to the Agent for the account of each Lender, according to its Pro Rata Share, a commitment fee at a per annum rate equal to the Applicable Fee Rate on the average daily the unused portion of the Aggregate Commitment (without regard to any outstanding Swing Loans) from the date hereof to and including the Facility Termination Date, which commitment fee shall be payable on each Payment Date hereafter and on the

Commitment Fee; Reductions in Aggregate Commitment. The Borrower agrees to pay to the Agent for the ratable account of each Lender, according to its Pro Rata Share, Lender a commitment fee at a per annum rate equal to the Applicable Commitment Fee Rate Percentage per annum on the average daily the unused unborrowed portion of the Aggregate such Lender's Commitment (without regard giving effect to any outstanding Swing Line Loans or Competitive Bid Loans) from the date hereof to and including the Facility Termination DateDate applicable to such Lender, which commitment fee shall be payable in arrears on each Payment Date hereafter and on the