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 a commitment fee equal to the Applicable Fee Rate multiplied by the amount, calculated daily, equal to such Lender's Commitment minus such Lender's pro rata share of all outstanding Loans, from the date hereof to and including the Facility Termination Date, payable quarterly, in arrears, on the last day of each calendar quarter and on the Facility Termination Date. The Borrower may permanently reduce the Aggregate Commitment in whole, or in part ratably among the Lenders in the minimum amount of $5,000,000 and integral multiples of $1,000,000 in excess thereof, upon at least ten Business Days' written notice to the Agent, which notice shall specify the amount of any such reduction, provided, however, that the amount of the Aggregate Commitment may not be reduced below the aggregate principal amount of the outstanding Advances. All accrued commitment fees shall be payable on the effective date of any termination of the obligations of the Lenders to make Loans hereunder.

Commitment Fee; Reductions in Aggregate Commitment. The Borrower agrees to pay to the Administrative Agent for the account of each Lender a commitment fee equal to the applicable percentage per annum set forth under the definition of "Applicable Fee Rate multiplied by Margin" on the amount, calculated daily, equal to such Lender's Commitment minus such Lender's pro rata share Percentage Share of all outstanding LoansAdvances and LC Obligations, from the date hereof to and including the Facility Termination Date, payable quarterly, in arrears, arrears on the last day of each calendar quarter Payment Date hereafter and on the Facility Termination Date. The Borrower may permanently reduce the Aggregate Commitment in whole, or in part ratably among the Lenders in the minimum amount of $5,000,000 and integral multiples of $1,000,000 in excess thereof5,000,000, upon at least ten three Business Days' written notice to the Administrative Agent, which notice shall specify the amount of any such reduction, provided, however, that the amount of the Aggregate Commitment may not be reduced below the sum of aggregate principal amount of the outstanding AdvancesAdvances and LC Obligations. All accrued commitment fees shall be payable on the effective date of any termination of the obligations of the Lenders to make Loans hereunder.

Commitment Fee; Reductions in Aggregate Commitment. (a) The Borrower agrees to pay to the Agent for the account of each Lender a commitment fee equal to the Applicable Commitment Fee Rate multiplied by the amount, calculated daily, equal to Percentage per annum times such Lender's Commitment minus such Lender's pro pro-rata share of all (i) the Aggregate Commitment, minus (ii) the sum of the outstanding Loansbalance of the Revolving Credit Loans and the Facility Letter of Credit Obligations, calculated on a daily basis from the date hereof to and including the Facility Termination Date, payable quarterly, on each Payment Date hereafter in arrears, on the last day of each calendar quarter arrears and on the Facility Termination Date. The Borrower may permanently reduce the Aggregate Commitment in whole, or in part ratably among the Lenders in the minimum amount of $5,000,000 and integral multiples of $1,000,000 in excess thereof, upon at least ten Business Days' written notice to the Agent, which notice shall specify the amount of any such reduction, provided, however, that the amount of the Aggregate Commitment may not be reduced below the aggregate principal amount of the outstanding Advances. All accrued commitment fees shall be payable on the effective date of any termination of the obligations of the Lenders to make Loans hereunder. (b) The Borrower may permanently reduce the Aggregate Commitment in whole, or in part ratably among the Lenders in a minimum aggregate amount of $5,000,000 or any integral multiple of $1,000,000 in excess thereof, upon at least three (3) Business Days' written notice to the Agent, which notice shall specify the amount of any such reduction; provided, however, that the amount of the Aggregate Commitment may not be reduced below the sum of (i) the aggregate principal amount of the outstanding Revolving Credit Advances plus (ii) the outstanding Facility Letter of Credit Obligations. Reductions made pursuant to this Section 2.4(b) shall be in addition to reductions occurring pursuant to Section 2.7.

Commitment Fee; Reductions in Aggregate Commitment. (a) The Borrower agrees to pay to the Agent for the account of each Lender a commitment fee equal to of .3875 percent per annum on the Applicable Fee Rate multiplied by the amount, calculated daily, equal to average daily unborrowed portion of such Lender's Commitment minus such Lender's pro rata share of all outstanding Loans, from the date hereof to and including the Facility Termination Date, payable quarterly, in arrears, arrears on the last day of each calendar quarter Payment Date hereafter and on the Facility Termination Date. The Borrower may permanently reduce the Aggregate Commitment in whole, or in part ratably among the Lenders in the minimum amount of $5,000,000 and integral multiples of $1,000,000 in excess thereof, upon at least ten Business Days' written notice to the Agent, which notice shall specify the amount of any such reduction, provided, however, that the amount of the Aggregate Commitment may not be reduced below the aggregate principal amount of the outstanding Advances. All accrued commitment fees shall be payable on the effective date of any termination of the obligations of the Lenders to make Loans hereunder. (b) The Borrower may permanently reduce the Aggregate Commitment in whole, or in part ratably among the Lenders in a minimum aggregate amount of $500,000 or any integral multiple of $100,000 in excess thereof, upon at least three (3) Business Days' prior written notice to the Agent, which notice shall specify the amount of any such reduction; provided, however, that the amount of the Aggregate Commitment may not be reduced below the aggregate principal amount of the outstanding Advances. Such reductions shall be in addition to reductions occurring pursuant to Section 2.7.

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 (the "Commitment Fee") at a per annum rate equal to the Applicable Fee Rate multiplied by on the amount, calculated daily, equal to such Lender's average daily Available Aggregate Commitment minus such Lender's pro rata share of all outstanding Loans, from the date hereof to and including the Facility Termination Date, payable quarterly, in arrears, on the last day of each calendar quarter Payment Date hereafter and on the Facility Termination Date. The Borrower may permanently reduce the Aggregate Commitment in whole, or in part ratably among the Lenders in the minimum amount amounts of $5,000,000 and integral multiples of $1,000,000 in excess thereof, upon at least ten five Business Days' written notice to the Agent, which notice shall specify the amount of any such reduction, provided, however, that the amount of the Aggregate Commitment may not be reduced below the aggregate principal amount of the outstanding AdvancesAggregate Outstanding Amount. All The accrued commitment fees Commitment Fee shall be payable on the effective date of any termination of the obligations of the Lenders to make Loans Credit Extensions hereunder.

Commitment Fee; Reductions in Aggregate Commitment. (a) The Borrower agrees to pay to the Agent for the ratable account of each Lender a commitment fee equal to the Applicable Commitment Fee Rate multiplied by Percentage per annum on the amount, calculated daily, equal to daily unborrowed portion of such Lender's Commitment minus such Lender's pro rata share of all outstanding Loans, from the date hereof to and including the Facility Revolving Credit Termination Date, payable quarterly, in arrears, arrears on the last day of each calendar quarter Payment Date hereafter and on the Facility Revolving Credit Termination Date. . (b) The Borrower may permanently reduce the Aggregate Commitment in whole, or in part ratably among the Lenders Lenders, in the a minimum amount of $5,000,000 and 10,000,000 or any integral multiples multiple of $1,000,000 in excess thereof, upon at least ten three Business Days' written notice to the Agent, which notice shall specify the amount of any such reduction, ; provided, however, that the amount of the Aggregate Commitment -------- ------- may not be reduced below the aggregate principal amount of the outstanding AdvancesLoans. All accrued commitment fees shall be payable on the effective date of any termination of the obligations of the Lenders to make Loans hereunder.

Commitment Fee; Reductions in Aggregate Commitment. The Borrower agrees to pay to the Agent for the account of each Lender a commitment fee at a per annum rate equal to the Applicable Fee Rate multiplied by on the amount, calculated daily, equal to daily unused portion of such Lender's Commitment minus such Lender's pro rata share of all outstanding Loans, from the date hereof to and including the Facility Termination Date, payable quarterly, in arrears, on the last day of each calendar quarter Payment Date hereafter and on the Facility Termination Date. The Borrower may permanently reduce the Aggregate Commitment in whole, or in part ratably among the Lenders in the minimum amount of $5,000,000 (and in integral multiples of $1,000,000 in excess thereof), upon at least ten three Business Days' written notice to the Agent, which notice shall specify the amount of any such reduction, provided, however, that the amount of the Aggregate Commitment may not be reduced below the aggregate principal amount Dollar Amount of the outstanding AdvancesRevolving Loans and L/C Obligations. All accrued commitment fees shall be payable on the effective date of any termination of the obligations of the Lenders to make Revolving Loans hereunder.