Non-Usage Fees. Borrower agrees that with respect to any unused portion of any Revolving Credit Loan, Borrower shall pay to Administrative Agent an annual non-usage fee of fifteen hundredths percent (.15%) to be applied on a quarterly basis to the unused portion of such Revolving Credit Loan for the previous three (3) month period.
Appears in 2 contracts
Sources: Loan Agreement (CBL & Associates Properties Inc), Loan Agreement (CBL & Associates Properties Inc)