{"component": "clause", "props": {"groups": [{"samples": [{"hash": "iXi0ELMC0lp", "uri": "/contracts/iXi0ELMC0lp#non-usage-fee", "label": "Credit Agreement (Heelys, Inc.)", "score": 21.0, "published": true}, {"hash": "86dU5jrvhQ3", "uri": "/contracts/86dU5jrvhQ3#non-usage-fee", "label": "Credit Agreement (Cavco Industries Inc)", "score": 21.0, "published": true}], "snippet": "The Borrower shall pay to the Bank a non-usage fee on the average daily unused portion of Facility A at a rate of 0.25% per annum, payable in arrears within fifteen (15) days of the end of each calendar quarter for which the fee is owing.", "size": 12, "snippet_links": [{"key": "the-borrower-shall", "type": "clause", "offset": [0, 18]}, {"key": "a-non", "type": "clause", "offset": [35, 40]}, {"key": "usage-fee", "type": "definition", "offset": [41, 50]}, {"key": "unused-portion", "type": "definition", "offset": [72, 86]}, {"key": "facility-a", "type": "clause", "offset": [90, 100]}, {"key": "rate-of", "type": "clause", "offset": [106, 113]}, {"key": "per-annum", "type": "definition", "offset": [120, 129]}, {"key": "in-arrears", "type": "definition", "offset": [139, 149]}, {"key": "calendar-quarter", "type": "clause", "offset": [194, 210]}, {"key": "the-fee", "type": "clause", "offset": [221, 228]}], "hash": "3e707789e4a071aa829905cc5586e631", "id": 1}, {"samples": [{"hash": "fLg3UeCN8I1", "uri": "/contracts/fLg3UeCN8I1#non-usage-fee", "label": "Loan Agreement", "score": 30.3408622742, "published": true}, {"hash": "faCwwk9WQth", "uri": "/contracts/faCwwk9WQth#non-usage-fee", "label": "Loan Agreement (Miller Industries Inc /Tn/)", "score": 26.1690616608, "published": true}], "snippet": "The Borrower agrees that with respect to any unused portion of the Loan, there shall be a non-usage fee of between .15% per annum and .35% per annum multiplied by the unused portion of the Revolving Credit Loan based upon the average Consolidated Companies\u2019 collected deposit business with the Bank for the previous twelve (12) month period (\u201cAverage Balance\u201d), in accordance with the following Pricing Table. The fee shall be paid by the Borrower to the Bank each quarter commencing on December 31, 2013 and continuing on each March 31, June 30, September 30 and December 31 thereafter. Purchase cards and letters of credit issued for the benefit of the Borrower by the Bank shall be treated as loan advances (usages) against the Twenty Five Million and NO/100 Dollars ($25,000,000.00) loan and shall not be included in the non-usage fee calculation. \u201cPricing Table\u201d shall mean (a) if the Bank remains the primary treasury management and depository bank for the Borrowers and the Average Balance is equal to or greater then $6,000,000.00, the non-usage fee shall be .15% per annum and if the Average Balance is less than $6,000,000.00 the non-usage fee shall be .20% per annum; and (b) if the Bank is not the primary treasury management and depository bank for the Borrowers, the non-usage fee shall be .35% per annum.", "size": 9, "snippet_links": [{"key": "the-borrower-agrees", "type": "clause", "offset": [0, 19]}, {"key": "with-respect-to", "type": "clause", "offset": [25, 40]}, {"key": "unused-portion", "type": "definition", "offset": [45, 59]}, {"key": "the-loan", "type": "clause", "offset": [63, 71]}, {"key": "a-non", "type": "clause", "offset": [88, 93]}, {"key": "usage-fee", "type": "definition", "offset": [94, 103]}, {"key": "per-annum", "type": "definition", "offset": [120, 129]}, {"key": "the-revolving-credit-loan", "type": "clause", "offset": [185, 210]}, {"key": "consolidated-companies", "type": "definition", "offset": [234, 256]}, {"key": "with-the-bank", "type": "clause", "offset": [285, 298]}, {"key": "average-balance", "type": "clause", "offset": [343, 358]}, {"key": "in-accordance-with", "type": "definition", "offset": [362, 380]}, {"key": "pricing-table", "type": "definition", "offset": [395, 408]}, {"key": "the-fee", "type": "clause", "offset": [410, 417]}, {"key": "by-the-borrower", "type": "clause", "offset": [432, 447]}, {"key": "to-the-bank", "type": "clause", "offset": [448, 459]}, {"key": "on-december", "type": "clause", "offset": [484, 495]}, {"key": "letters-of-credit", "type": "definition", "offset": [607, 624]}, {"key": "of-the-borrower", "type": "clause", "offset": [648, 663]}, {"key": "the-bank-shall", "type": "clause", "offset": [667, 681]}, {"key": "loan-advances", "type": "clause", "offset": [696, 709]}, {"key": "the-non", "type": "clause", "offset": [821, 828]}, {"key": "fee-calculation", "type": "clause", "offset": [835, 850]}, {"key": "the-primary", "type": "clause", "offset": [903, 914]}, {"key": "treasury-management", "type": "clause", "offset": [915, 934]}, {"key": "depository-bank", "type": "clause", "offset": [939, 954]}, {"key": "the-borrowers", "type": "clause", "offset": [959, 972]}, {"key": "equal-to", "type": "definition", "offset": [1000, 1008]}], "hash": "4f7e533e06586b9948a72fc154f7da7a", "id": 3}, {"samples": [{"hash": "9yiSsEmNGik", "uri": "/contracts/9yiSsEmNGik#non-usage-fee", "label": "Loan and Servicing Agreement (Business Development Corp of America)", "score": 29.353181839, "published": true}, {"hash": "7yMoR8uqOIE", "uri": "/contracts/7yMoR8uqOIE#non-usage-fee", "label": "Loan and Servicing Agreement (Business Development Corp of America)", "score": 27.8651599884, "published": true}], "snippet": "The Borrower shall pay, in accordance with Section 2.04, pro rata to each Lender (either directly or through the applicable Lender Agent), a non-usage fee (the \u201cNon-Usage Fee\u201d) payable in arrears for each Remittance Period, equal to the sum of the products for each day during such Remittance Period of (i) one divided by 360, (ii) the applicable Non-Usage Fee Rate (as defined below) and (iii) the aggregate Commitments minus the Advances Outstanding on such day (such amount, the \u201cUnused Portion\u201d). The Non-Usage Fee Rate (the \u201cNon-Usage Fee Rate\u201d) shall be, from and after the Ninth Amendment Closing Date, (x) 0.50% on any Unused Portion up to or equal to an amount equal to 25% of the Maximum Facility Amount and (y) 2.00% on any Unused Portion in excess of such amount equal to 25% of the Maximum Facility Amount.", "size": 11, "snippet_links": [{"key": "the-borrower-shall", "type": "clause", "offset": [0, 18]}, {"key": "in-accordance-with", "type": "definition", "offset": [24, 42]}, {"key": "pro-rata", "type": "clause", "offset": [57, 65]}, {"key": "each-lender", "type": "clause", "offset": [69, 80]}, {"key": "lender-agent", "type": "definition", "offset": [124, 136]}, {"key": "a-non", "type": "clause", "offset": [139, 144]}, {"key": "in-arrears", "type": "definition", "offset": [185, 195]}, {"key": "remittance-period", "type": "definition", "offset": [205, 222]}, {"key": "equal-to", "type": "definition", "offset": [224, 232]}, {"key": "sum-of", "type": "clause", "offset": [237, 243]}, {"key": "the-products", "type": "clause", "offset": [244, 256]}, {"key": "period-of", "type": "definition", "offset": [293, 302]}, {"key": "divided-by", "type": "clause", "offset": [311, 321]}, {"key": "usage-fee-rate", "type": "definition", "offset": [351, 365]}, {"key": "aggregate-commitments", "type": "clause", "offset": [399, 420]}, {"key": "advances-outstanding", "type": "definition", "offset": [431, 451]}, {"key": "unused-portion", "type": "definition", "offset": [483, 497]}, {"key": "the-non", "type": "clause", "offset": [501, 508]}, {"key": "ninth-amendment-closing-date", "type": "definition", "offset": [580, 608]}, {"key": "or-equal", "type": "clause", "offset": [648, 656]}, {"key": "maximum-facility-amount", "type": "definition", "offset": [690, 713]}], "hash": "fc62bb7c7f040e55697fd354fb3d138b", "id": 2}, {"samples": [{"hash": "89QmArT3CRe", "uri": "/contracts/89QmArT3CRe#non-usage-fee", "label": "Warehousing Credit and Security Agreement (Mortgage Com Inc)", "score": 18.0, "published": true}, {"hash": "3HWkmIQ61lW", "uri": "/contracts/3HWkmIQ61lW#non-usage-fee", "label": "Warehousing Credit and Security Agreement (Mortgage Com Inc)", "score": 18.0, "published": true}], "snippet": "At the end of each month during the term of this Agreement (i.e., from its effective date through the Termination Date), the Lender shall determine average usage of the Commitment by calculating the arithmetic daily average of the outstanding balance of Advances in the preceding month. The Lender shall then subtract the average usage (the \"Used Portion\") from the Commitment (the result being called the \"Unused Portion\") and the Company shall pay in arrears the Commitment (the result being called the \"Unused Portion\") and the Company shall pay in arrears (without duplication of payment), on or before five (5) days after the later of (a) the end of each month or (b) the Company's receipt of the Lender's b\u2587\u2587\u2587 for such monthly period, a Non-Usage Fee equal to 0.125% per annum of the total amount of the unused Portion of the Commitment, as compensation to the Lender for its agreement to make the Commitment available to the Company during that month and not as compensation for the use, forbearance or detention of money (i.e., as a \"true commitment fee\" under Texas law); provided that such fee shall be waived for any month thereafter if the Unused Portion for such month is equal to or less than fifty percent (50%) of the Commitment. Each calculation by the Lender of the amount of any Non-Usage Fee shall be conclusive and binding on the Company, absent manifest error.", "size": 9, "snippet_links": [{"key": "at-the-end-of", "type": "clause", "offset": [0, 13]}, {"key": "during-the-term-of-this-agreement", "type": "clause", "offset": [25, 58]}, {"key": "effective-date", "type": "clause", "offset": [75, 89]}, {"key": "termination-date", "type": "definition", "offset": [102, 118]}, {"key": "the-commitment", "type": "definition", "offset": [165, 179]}, {"key": "calculating-the", "type": "clause", "offset": [183, 198]}, {"key": "daily-average", "type": "definition", "offset": [210, 223]}, {"key": "outstanding-balance", "type": "definition", "offset": [231, 250]}, {"key": "unused-portion", "type": "definition", "offset": [407, 421]}, {"key": "the-company-shall", "type": "clause", "offset": [428, 445]}, {"key": "in-arrears", "type": "definition", "offset": [450, 460]}, {"key": "duplication-of-payment", "type": "clause", "offset": [569, 591]}, {"key": "days-after", "type": "definition", "offset": [616, 626]}, {"key": "receipt-of", "type": "clause", "offset": [687, 697]}, {"key": "monthly-period", "type": "clause", "offset": [725, 739]}, {"key": "a-non", "type": "clause", "offset": [741, 746]}, {"key": "usage-fee", "type": "definition", "offset": [747, 756]}, {"key": "equal-to", "type": "definition", "offset": [757, 765]}, {"key": "per-annum", "type": "definition", "offset": [773, 782]}, {"key": "total-amount", "type": "definition", "offset": [790, 802]}, {"key": "agreement-to", "type": "definition", "offset": [882, 894]}, {"key": "to-the-company", "type": "definition", "offset": [925, 939]}, {"key": "compensation-for-the", "type": "clause", "offset": [969, 989]}, {"key": "commitment-fee", "type": "definition", "offset": [1047, 1061]}, {"key": "texas-law", "type": "clause", "offset": [1069, 1078]}, {"key": "provided-that", "type": "clause", "offset": [1081, 1094]}, {"key": "fifty-percent", "type": "definition", "offset": [1207, 1220]}, {"key": "by-the-lender", "type": "clause", "offset": [1263, 1276]}, {"key": "any-non", "type": "clause", "offset": [1294, 1301]}, {"key": "conclusive-and-binding", "type": "clause", "offset": [1321, 1343]}, {"key": "manifest-error", "type": "clause", "offset": [1367, 1381]}], "hash": "30993f02be18fb551827ccb8460cbfe6", "id": 4}, {"samples": [{"hash": "kX7xYFatiRZ", "uri": "/contracts/kX7xYFatiRZ#non-usage-fee", "label": "Loan Agreement (American Farmland Co)", "score": 25.2423000336, "published": true}, {"hash": "kWDjBe5FdvN", "uri": "/contracts/kWDjBe5FdvN#non-usage-fee", "label": "Loan Agreement (American Farmland Co)", "score": 25.2423000336, "published": true}, {"hash": "iVJVoz8bHqb", "uri": "/contracts/iVJVoz8bHqb#non-usage-fee", "label": "Loan Agreement (American Farmland Co)", "score": 25.2423000336, "published": true}], "snippet": "Borrower shall pay to Lender an unused line of credit fee equal to one quarter of one percent per annum (.25%) of the Loan amount ($25,000,000.00) minus the average outstanding principal balance of the Loan of the prior three (3) month period which fee shall be assessed on the first day of each calendar quarter hereafter until the Loan has been paid in full.", "size": 5, "snippet_links": [{"key": "borrower-shall", "type": "clause", "offset": [0, 14]}, {"key": "to-lender", "type": "clause", "offset": [19, 28]}, {"key": "unused-line-of-credit-fee", "type": "clause", "offset": [32, 57]}, {"key": "equal-to", "type": "definition", "offset": [58, 66]}, {"key": "per-annum", "type": "definition", "offset": [94, 103]}, {"key": "the-loan-amount", "type": "clause", "offset": [114, 129]}, {"key": "outstanding-principal-balance-of-the-loan", "type": "definition", "offset": [165, 206]}, {"key": "day-of", "type": "clause", "offset": [284, 290]}, {"key": "calendar-quarter", "type": "clause", "offset": [296, 312]}, {"key": "paid-in-full", "type": "clause", "offset": [347, 359]}], "hash": "7103a61e577aea391e1a2a6f531e55ab", "id": 9}, {"samples": [{"hash": "jZQEiB32OfG", "uri": "/contracts/jZQEiB32OfG#non-usage-fee", "label": "Credit Agreement (Home Point Capital Inc.)", "score": 33.6078033447, "published": true}, {"hash": "1SIXq2FU0OF", "uri": "/contracts/1SIXq2FU0OF#non-usage-fee", "label": "Credit Agreement (Home Point Capital Inc.)", "score": 33.2053375244, "published": true}, {"hash": "1i7Hu23ybLC", "uri": "/contracts/1i7Hu23ybLC#non-usage-fee", "label": "Credit Agreement (Home Point Capital Inc.)", "score": 30.6084880829, "published": true}], "snippet": "On each Monthly Payment Date during the Availability Period, the Borrower agrees to pay to the Administrative Agent, for the ratable benefit of the Lenders and as consideration for each Lender\u2019s Commitment hereunder, a non-usage fee in Dollars (the \u201cNon-Usage Fee\u201d) in an amount equal to the (1) the applicable Non-Usage Fee Percentage as described in the Agency Fee Letter, if any, multiplied by (2) the daily average Unused Portion of the Aggregate Commitment Amount in the immediately preceding calendar month. Accrued Non-Usage Fees shall be due and payable in arrears on each Monthly Payment Date, and on the last day of the Availability Period. Computations of the Non-Usage Fee shall be made by the Administrative Agent on the basis of a year of 360 days and for the actual number of days elapsed, and, with respect to each Lender, pro rata based on such Lender\u2019s Commitment.", "size": 7, "snippet_links": [{"key": "monthly-payment-date", "type": "definition", "offset": [8, 28]}, {"key": "availability-period", "type": "definition", "offset": [40, 59]}, {"key": "pay-to", "type": "definition", "offset": [84, 90]}, {"key": "the-administrative-agent", "type": "definition", "offset": [91, 115]}, {"key": "benefit-of-the-lenders", "type": "clause", "offset": [133, 155]}, {"key": "each-lender", "type": "clause", "offset": [181, 192]}, {"key": "a-non", "type": "clause", "offset": [217, 222]}, {"key": "equal-to", "type": "definition", "offset": [279, 287]}, {"key": "the-applicable", "type": "clause", "offset": [296, 310]}, {"key": "fee-percentage", "type": "definition", "offset": [321, 335]}, {"key": "agency-fee-letter", "type": "definition", "offset": [356, 373]}, {"key": "daily-average", "type": "definition", "offset": [405, 418]}, {"key": "unused-portion", "type": "definition", "offset": [419, 433]}, {"key": "aggregate-commitment-amount", "type": "definition", "offset": [441, 468]}, {"key": "calendar-month", "type": "clause", "offset": [498, 512]}, {"key": "usage-fees", "type": "clause", "offset": [526, 536]}, {"key": "due-and-payable", "type": "definition", "offset": [546, 561]}, {"key": "in-arrears", "type": "definition", "offset": [562, 572]}, {"key": "day-of", "type": "clause", "offset": [619, 625]}, {"key": "the-non", "type": "clause", "offset": [667, 674]}, {"key": "basis-of", "type": "clause", "offset": [734, 742]}, {"key": "a-year", "type": "definition", "offset": [743, 749]}, {"key": "actual-number-of-days", "type": "clause", "offset": [774, 795]}, {"key": "with-respect-to", "type": "clause", "offset": [810, 825]}, {"key": "pro-rata", "type": "clause", "offset": [839, 847]}, {"key": "based-on", "type": "clause", "offset": [848, 856]}], "hash": "65a56eb71d24d61fdfafec66b58a795e", "id": 5}, {"samples": [{"hash": "88rJBkjJezV", "uri": "/contracts/88rJBkjJezV#non-usage-fee", "label": "Loan and Servicing Agreement (Oaktree Strategic Credit Fund)", "score": 35.6146469116, "published": true}, {"hash": "niF57JCcYr", "uri": "/contracts/niF57JCcYr#non-usage-fee", "label": "Loan and Servicing Agreement (Oaktree Strategic Credit Fund)", "score": 35.1163597107, "published": true}], "snippet": "The Borrower shall pay in accordance with Section 2.04, pro rata to each Lender, a non-usage fee (the \u201cNon-Usage Fee\u201d) payable in arrears for each Remittance Period, equal to the sum of the products for each day during such AmericasActive:18709990.5 Remittance Period of (i) one divided by 360, (ii) the applicable Non-Usage Fee Rate, and (iii) the aggregate Commitments then in effect minus the Advances Outstanding on such day (such amount, the \u201cUnused Portion\u201d).", "size": 6, "snippet_links": [{"key": "the-borrower-shall", "type": "clause", "offset": [0, 18]}, {"key": "in-accordance-with", "type": "definition", "offset": [23, 41]}, {"key": "pro-rata", "type": "clause", "offset": [56, 64]}, {"key": "each-lender", "type": "clause", "offset": [68, 79]}, {"key": "a-non", "type": "clause", "offset": [81, 86]}, {"key": "in-arrears", "type": "definition", "offset": [127, 137]}, {"key": "remittance-period", "type": "definition", "offset": [147, 164]}, {"key": "equal-to", "type": "definition", "offset": [166, 174]}, {"key": "sum-of", "type": "clause", "offset": [179, 185]}, {"key": "the-products", "type": "clause", "offset": [186, 198]}, {"key": "period-of", "type": "definition", "offset": [261, 270]}, {"key": "divided-by", "type": "clause", "offset": [279, 289]}, {"key": "the-applicable", "type": "clause", "offset": [300, 314]}, {"key": "usage-fee-rate", "type": "definition", "offset": [319, 333]}, {"key": "aggregate-commitments", "type": "clause", "offset": [349, 370]}, {"key": "in-effect", "type": "definition", "offset": [376, 385]}, {"key": "advances-outstanding", "type": "definition", "offset": [396, 416]}, {"key": "unused-portion", "type": "definition", "offset": [448, 462]}], "hash": "92fa57b08e87ca731e254b56f2eaeee3", "id": 7}, {"samples": [{"hash": "7yjJmzcJeuw", "uri": "/contracts/7yjJmzcJeuw#non-usage-fee", "label": "Loan and Servicing Agreement (Golub Capital BDC, Inc.)", "score": 23.42710495, "published": true}], "snippet": "The Borrower shall pay, in accordance with Section 2.04, pro rata to each Lender (either directly or through the applicable Lender Agent), a non-usage fee (the \u201cNon-Usage Fee\u201d) payable in arrears for each Remittance Period, equal to the sum of the products for each day during such Remittance Period of (i) one divided by 360, (ii) the applicable Non-Usage Fee Rate (as defined below), and (iii) the aggregate Commitments minus the Advances Outstanding on such day (such amount, the \u201cUnused Portion\u201d). The Non-Usage Fee Rate (the \u201cNon-Usage Fee Rate\u201d) shall be equal to, except as provided in clauses (1), (2), (3), (4), (5), and (6) below, (i) 0.50% on any Unused Portion up to or equal to the first $60,000,000 of such Unused Portion and (ii) 2.00% on any Unused Portion in excess of the first $60,000,000:\n(1) for the period from (and including) July 10, 2013 through (and excluding) September 18, 2013, (i) 0.50% on any Unused Portion up to or equal to the first $40,000,000 of such Unused Portion and (ii) 2.00% on any Unused Portion in excess of the first $40,000,000;\n(2) for the period from (and including) September 18, 2013 through (and excluding) October 18, 2013, 0.50%;\n(3) from (and including) October 18, 2013 through (and excluding) October 31, 2013, (i) 0.50% on any Unused Portion up to or equal to the first $70,000,000 of such Unused Portion and (ii) 2.00% on any Unused Portion in excess of the first $70,000,000;\n(4) for the period from (and including) October 31, 2013 through (and excluding) November 18, 2013, (i) 0.50% on any Unused Portion up to or equal to the first $130,000,000 of such Unused Portion and (ii) 2.00% on any Unused Portion in excess of the first $130,000,000,\n(5) for the period from (and including) November 18, 2013 through (and excluding) June 5, 2014, (i) 0.50% on any Unused Portion up to or equal to the first $100,000,000 of such Unused Portion and (ii) 2.00% on any Unused Portion in excess of the first $100,000,000, and\n(6) for the period from (and including) June 5, 2014 through (and excluding) December 5, 2014, 0.50% on any Unused Portion. The Commitment of W\u2587\u2587\u2587\u2587 Fargo Bank, N.A. on the cover page and Annex A to the Agreement shall be amended and restated as \u201c$150,000,000\u201d.", "size": 5, "snippet_links": [{"key": "the-borrower-shall", "type": "clause", "offset": [0, 18]}, {"key": "in-accordance-with", "type": "definition", "offset": [24, 42]}, {"key": "pro-rata", "type": "clause", "offset": [57, 65]}, {"key": "each-lender", "type": "clause", "offset": [69, 80]}, {"key": "lender-agent", "type": "definition", "offset": [124, 136]}, {"key": "a-non", "type": "clause", "offset": [139, 144]}, {"key": "in-arrears", "type": "definition", "offset": [185, 195]}, {"key": "remittance-period", "type": "definition", "offset": [205, 222]}, {"key": "equal-to", "type": "definition", "offset": [224, 232]}, {"key": "sum-of", "type": "clause", "offset": [237, 243]}, {"key": "the-products", "type": "clause", "offset": [244, 256]}, {"key": "period-of", "type": "definition", "offset": [293, 302]}, {"key": "divided-by", "type": "clause", "offset": [311, 321]}, {"key": "usage-fee-rate", "type": "definition", "offset": [351, 365]}, {"key": "aggregate-commitments", "type": "clause", "offset": [400, 421]}, {"key": "advances-outstanding", "type": "definition", "offset": [432, 452]}, {"key": "unused-portion", "type": "definition", "offset": [484, 498]}, {"key": "the-non", "type": "clause", "offset": [502, 509]}, {"key": "in-clauses", "type": "clause", "offset": [590, 600]}, {"key": "or-equal", "type": "clause", "offset": [679, 687]}, {"key": "period-from", "type": "definition", "offset": [821, 832]}, {"key": "the-commitment", "type": "definition", "offset": [2099, 2113]}, {"key": "cover-page", "type": "definition", "offset": [2147, 2157]}, {"key": "annex-a", "type": "definition", "offset": [2162, 2169]}, {"key": "the-agreement", "type": "clause", "offset": [2173, 2186]}, {"key": "amended-and-restated", "type": "definition", "offset": [2196, 2216]}], "hash": "2f2dbeef1f4ea60b2a64c75bfd51a1f7", "id": 10}, {"samples": [{"hash": "dnv2XbKpPii", "uri": "/contracts/dnv2XbKpPii#non-usage-fee", "label": "Credit Agreement (Vesta Insurance Group Inc)", "score": 21.0, "published": true}, {"hash": "1wINbWL0U9s", "uri": "/contracts/1wINbWL0U9s#non-usage-fee", "label": "Credit Agreement (Vesta Insurance Group Inc)", "score": 21.0, "published": true}], "snippet": "From and after the Effective Date until the Termination Date (or such later date that the Loans are repaid), the Borrower agrees to pay Lender a non-usage fee for each calendar quarter, prorated for partial quarters, in an amount equal to the Applicable Percentage multiplied by the average daily Unutilized Commitment (the \u201cNon-Usage Fee\u201d) multiplied by the number of days in such quarter or portion thereof and divided by 360. The Non-Usage Fee shall be payable quarterly in arrears on the last day of each calendar quarter commencing with the period ending March 31, 2003, and shall be prorated for partial calendar quarters.", "size": 6, "snippet_links": [{"key": "from-and-after-the-effective-date", "type": "clause", "offset": [0, 33]}, {"key": "termination-date", "type": "definition", "offset": [44, 60]}, {"key": "the-loans", "type": "clause", "offset": [86, 95]}, {"key": "to-pay", "type": "clause", "offset": [129, 135]}, {"key": "a-non", "type": "clause", "offset": [143, 148]}, {"key": "usage-fee", "type": "definition", "offset": [149, 158]}, {"key": "equal-to", "type": "definition", "offset": [230, 238]}, {"key": "applicable-percentage", "type": "definition", "offset": [243, 264]}, {"key": "unutilized-commitment", "type": "definition", "offset": [297, 318]}, {"key": "days-in", "type": "definition", "offset": [369, 376]}, {"key": "divided-by", "type": "clause", "offset": [413, 423]}, {"key": "the-non", "type": "clause", "offset": [429, 436]}, {"key": "in-arrears", "type": "definition", "offset": [474, 484]}, {"key": "day-of", "type": "clause", "offset": [497, 503]}, {"key": "period-ending", "type": "clause", "offset": [546, 559]}, {"key": "calendar-quarters", "type": "clause", "offset": [610, 627]}], "hash": "0f4d0cd9a856cbf0757a64d99f2559af", "id": 8}, {"samples": [{"hash": "8QG87wQK4Em", "uri": "/contracts/8QG87wQK4Em#non-usage-fee", "label": "Committed Purchase Facility for Early Funding (PHH Corp)", "score": 24.9493503571, "published": true}, {"hash": "3QFPE8nKBfq", "uri": "/contracts/3QFPE8nKBfq#non-usage-fee", "label": "Committed Purchase Facility for Early Funding (PHH Corp)", "score": 23.9527721405, "published": true}, {"hash": "jrZt1QNLAxj", "uri": "/contracts/jrZt1QNLAxj#non-usage-fee", "label": "Committed Purchase Facility for Early Funding (PHH Corp)", "score": 22.9589328766, "published": true}], "snippet": "(a) PHH is required to pay a non-usage fee to \u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587 in the event its Average Monthly Balance (defined below) falls below the Minimum Average Monthly Balance (as defined in the Pricing Terms Letter) for any calendar month during the Term of this Letter Agreement.", "size": 7, "snippet_links": [{"key": "to-pay", "type": "clause", "offset": [20, 26]}, {"key": "a-non", "type": "clause", "offset": [27, 32]}, {"key": "usage-fee", "type": "definition", "offset": [33, 42]}, {"key": "in-the-event", "type": "clause", "offset": [57, 69]}, {"key": "average-monthly-balance", "type": "definition", "offset": [74, 97]}, {"key": "pricing-terms-letter", "type": "definition", "offset": [181, 201]}, {"key": "calendar-month", "type": "clause", "offset": [211, 225]}, {"key": "term-of-this", "type": "clause", "offset": [237, 249]}, {"key": "letter-agreement", "type": "clause", "offset": [250, 266]}], "hash": "69d7416a13abdacbe1aebbcb87059737", "id": 6}], "next_curs": "ClYSUGoVc35sYXdpbnNpZGVyY29udHJhY3RzcjILEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhZub24tdXNhZ2UtZmVlIzAwMDAwMDBhDKIBAmVuGAAgAA==", "clause": {"size": 245, "parents": [["fees", "Fees"], ["the-facility", "The Facility"], ["loan-and-terms-of-payment", "Loan and Terms of Payment"], ["loans", "Loans"], ["the-financing", "The Financing"]], "children": [["", ""], ["litigation", "Litigation"], ["erisa", "ERISA"], ["financial-matters", "Financial Matters"], ["ownership-of-properties", "Ownership of Properties"]], "title": "Non-Usage Fee", "id": "non-usage-fee", "related": [["usage-fee", "Usage Fee", "Usage Fee"], ["maximum-charges", "Maximum Charges", "Maximum Charges"], ["utilization-fee", "Utilization Fee", "Utilization Fee"], ["unused-line-fee", "Unused Line Fee", "Unused Line Fee"], ["facility-fee", "Facility Fee", "Facility Fee"]], "related_snippets": [], "updated": "2026-05-15T04:24:17+00:00"}, "json": true, "cursor": ""}}