Common use of Non-Usage Fees Clause in Contracts

Non-Usage Fees. The Borrower shall pay the Bank a non-usage fee at the rate of 0.125% per annum on the average daily unused amount of the Facility Amount from the Closing Date to and including the Maturity Date, payable quarterly on the last day of each calendar quarter, commencing on September 30, 2003. Any non-usage fee remaining unpaid on the Maturity Date shall be due and payable on that date.

Appears in 1 contract

Samples: Credit Agreement (Health Fitness Corp /Mn/)

AutoNDA by SimpleDocs

Non-Usage Fees. The Borrower shall pay the Bank a non-usage fee at the rate of 0.1250.375% per annum on the average daily unused amount of the Facility Commitment Amount from the Closing Date date hereof to and including the Maturity Commitment Termination Date, payable quarterly on the last day of each calendar quarter, commencing on September 30, 2003. Any non-usage fee remaining unpaid on the Maturity Commitment Termination Date shall be due and payable on that date.

Appears in 1 contract

Samples: Credit Agreement (Young America Holdings Inc)

Non-Usage Fees. The Borrower shall pay the Bank a non-usage fee at the rate of 0.1250.50% per annum on the average daily unused amount of the Facility Commitment Amount from the Closing Date January 1, 2001 to and including the Maturity Commitment Termination Date, payable quarterly monthly on the last day of each calendar quarter, commencing on September 30, 2003month. Any non-usage fee remaining unpaid on the Maturity Commitment Termination Date shall be due and payable on that date."

Appears in 1 contract

Samples: Credit Agreement (Young America Holdings Inc)

AutoNDA by SimpleDocs

Non-Usage Fees. The Borrower shall pay the Bank a non-usage fee at the rate of 0.1250.375% per annum on the average daily unused amount of the Facility Amount from the Closing Date to and including the Maturity Date, payable quarterly on the last day of each calendar quarter, commencing on September June 30, 20032009. Any non-usage fee remaining unpaid on the Maturity Date shall be due and payable on that date.”

Appears in 1 contract

Samples: Credit Agreement (Health Fitness Corp /MN/)

Time is Money Join Law Insider Premium to draft better contracts faster.