Facility and Utilization Fees. (a) The Borrower shall pay to the Agent, for the benefit of the Banks, a facility fee at an annual rate equal to the then-applicable Facility Fee Rate applied to the aggregate amount of the Commitments outstanding hereunder from the Effective Date through the Commitment Termination Date.
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Samples: Credit Agreement (Northern States Power Co), Assignment Agreement (Northern States Power Co)
Facility and Utilization Fees. (a) The Borrower shall pay to the Agent, for the benefit of the Banks, a facility fee at an annual rate equal to the then-applicable Facility Fee Rate applied to the aggregate amount of the Commitments outstanding or, if after the Loan Conversion Date, the outstanding principal amount of Advances hereunder from the Effective Date date of this Agreement through the Commitment Termination Date or, if later, the Term Loan Maturity Date.
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Samples: Credit Agreement (Xcel Energy Inc)
Facility and Utilization Fees. (a) The Borrower shall pay to the Agent, for the benefit of the BanksLenders, a facility fee computed each day from the Effective Date through the Commitment Termination Date at an annual rate equal to the then-applicable Facility Fee Rate in effect on such day applied to the aggregate amount of the Commitments then outstanding hereunder from the Effective Date through the Commitment Termination Datehereunder.
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