Common use of Non-utilisation fee Clause in Contracts

Non-utilisation fee. The non-utilisation fee will be calculated on a daily basis from the date falling 3 months after the date of acceptance by the Borrower of this offer on the undrawn and uncancelled portion of the Facility and will be payable quarterly in arrear and on the Final Drawdown Date or (if earlier) the date on which the Facility becomes fully drawn.

Non-utilisation fee. The non-utilisation fee will be calculated on a daily ------------------- basis from the date falling 3 months after the date of acceptance by the Borrower of this offer on the undrawn and uncancelled portion of the Facility and will be payable quarterly in arrear and on the Final Drawdown Date or (if earlier) the date on which the Facility becomes fully drawn.