Non-Usage Fees. The Co‐Borrowers agreesagree to pay to the Administrative Agent for the account of each Lender a Non‐Usage Fee for each day on which such respective fees shall be applicable. The Non‐Usage Fee shall accrue from a DeterminationPayment Date to and excluding the next DeterminationPayment Date. All such accrued and unpaid fees shall be due and payable on each applicable Payment Date.
Appears in 1 contract
Sources: Loan and Servicing Agreement (White Mountains Insurance Group LTD)
Non-Usage Fees. The Co‐Borrowers agreesagree agrees to pay to the Administrative Agent for the account of each Lender a Non‐Usage Fee for each day on which such respective fees shall be applicable. The Non‐Usage Fee shall accrue from a DeterminationPayment Determination Date to and excluding the next DeterminationPayment Determination Date. All such accrued and unpaid fees shall be due and payable on each applicable Payment Date.
Appears in 1 contract
Sources: Loan and Servicing Agreement (White Mountains Insurance Group LTD)