Common use of Revolving Commitment Fee Clause in Contracts

Revolving Commitment Fee. The Borrower agrees to pay to the Administrative Agent for the account of each Revolving Credit Lender under each Facility in accordance with its Pro Rata Share or other applicable share provided for under this Agreement, a commitment fee equal to the Applicable Rate with respect to commitment fees for such Facility times the actual daily amount by which the aggregate Revolving Credit Commitments for such Facility exceeds the sum of (A) the Outstanding Amount of Revolving Credit Loans for such Facility plus (B) the Outstanding Amount of L/C Obligations for such Facility; provided that any commitment fee accrued with respect to any of the Revolving Credit Commitments of a Defaulting Lender during the period prior to the time such Lender became a Defaulting Lender and unpaid at such time shall not be payable by the Borrower so long as such Lender shall be a Defaulting Lender except to the extent that such commitment fee shall otherwise have been due and payable by the Borrower prior to such time; provided, further, that no commitment fee shall accrue on any of the Revolving Credit Commitments of a Defaulting Lender so long as such Lender shall be a Defaulting Lender. The commitment fee with respect to each Revolving Credit Facility shall accrue at all times from the Closing Date until the Maturity Date for the Revolving Credit Facility, including at any time during which one or more of the applicable conditions in Article IV is not met, and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date during the first full fiscal quarter to occur after the Closing Date, and on the Maturity Date for the applicable Revolving Credit Facility. The commitment fee with respect to each Revolving Credit Facility shall be calculated quarterly in arrears.

Revolving Commitment Fee. The Borrower agrees to shall pay to the Administrative Agent Agent, for the account of each Revolving Credit Lender under each Facility in accordance with its Pro Rata Share or other applicable share provided for under this AgreementApplicable Percentage, a commitment fee (the “Revolving Commitment Fee”) at a rate per annum equal to the product of: (i) the Applicable Rate with respect to commitment fees for such Facility Rate; times (ii) the actual daily amount by which the aggregate Aggregate Revolving Credit Commitments for such Facility exceeds exceed the sum of (A) the Outstanding Amount of Revolving Credit Loans for such Facility plus Loans, and (B) the Outstanding Amount of L/C Obligations for such Facility; Obligations, subject to adjustment as provided that any commitment fee accrued with respect to any in Section 2.15. For the avoidance of doubt, the Revolving Credit Commitments Outstanding Amount of a Defaulting Lender during the period prior to the time such Lender became a Defaulting Lender and unpaid at such time Swing Line Loans shall not be payable by the Borrower so long as such Lender shall be a Defaulting Lender except to the extent that such commitment fee shall otherwise have been due and payable by the Borrower prior to such time; provided, further, that no commitment fee shall accrue on any counted towards or considered usage of the Aggregate Revolving Credit Commitments for purposes of a Defaulting Lender so long as such Lender shall be a Defaulting Lenderdetermining the Revolving Commitment Fee. The commitment fee with respect to each Revolving Credit Facility Commitment Fee shall accrue at all times from the Closing Date until the Maturity Date for during the Revolving Credit FacilityAvailability Period, including at any time during which one (1) or more of the applicable conditions in Article IV V is not met, and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first (1st) such date during the first full fiscal quarter to occur after the Closing Effectiveness Date, and on the Revolving Loan Maturity Date for Date; provided, that, (A) no Revolving Commitment Fee shall accrue on the applicable Revolving Credit Facility. The commitment fee Commitment of a Defaulting Lender so long as such Lender shall be a Defaulting Lender, and (B) any Revolving Commitment Fee accrued with respect to each the Revolving Credit Facility Commitment of a Defaulting Lender during the period prior to the time such Lender became a Defaulting Lender, and unpaid at such time, shall not be payable by the Borrower so long as such Lender shall be a Defaulting Lender. The Revolving Commitment Fee shall be calculated quarterly in arrears, and, if there is any change in the Applicable Rate during any quarter, the actual daily amount shall be computed and multiplied by the Applicable Rate separately for each period during such quarter that such Applicable Rate was in effect.

Revolving Commitment Fee. The Borrower agrees to shall pay to the Administrative Agent for the account of each Revolving Credit Lender under each Facility in accordance with its Pro Rata Share or other applicable share provided for under this AgreementRevolving Commitment Percentage, a commitment fee (the “Revolving Commitment Fee”) equal to the Applicable Rate with respect to commitment fees for such Facility Commitment Fee times the actual daily amount by which the aggregate Aggregate Revolving Credit Commitments for such Facility exceeds the sum Total Revolving Outstandings, subject to adjustments as provided in Section 2.16 and in the definition of (A) Applicable Commitment Fee. The Revolving Commitment Fee shall accrue at all times during the Outstanding Amount Revolving Commitment Period, including at any time during which one or more of the conditions in Section 6 is not met, and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the Effective Date, and on the Revolving Credit Loans for such Facility plus (B) the Outstanding Amount of L/C Obligations for such FacilityCommitment Termination Date; provided that (1) no Revolving Commitment Fee shall accrue on any commitment fee of the Revolving Commitment of a Defaulting Lender so long as such Lender shall be a Defaulting Lender and (2) any Revolving Commitment Fee accrued with respect to any of the Revolving Credit Commitments Commitment of a Defaulting Lender during the period prior to the time such Lender became a Defaulting Lender and unpaid at such time shall not be payable by the Borrower so long as such Lender shall be a Defaulting Lender except to the extent that such commitment fee shall otherwise have been due and payable by the Borrower prior to such time; provided, further, that no commitment fee shall accrue on any of the Revolving Credit Commitments of a Defaulting Lender so long as such Lender shall be a Defaulting Lender. The commitment fee with respect to each Revolving Credit Facility shall accrue at all times from the Closing Date until the Maturity Date for the Revolving Credit Facility, including at any time during which one or more of the applicable conditions in Article IV is not met, and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date during the first full fiscal quarter to occur after the Closing Date, and on the Maturity Date for the applicable Revolving Credit Facility. The commitment fee with respect to each Revolving Credit Facility Commitment Fee shall be calculated quarterly in arrears. For purposes hereof, Swingline Loans shall not be counted toward or be considered as usage of the Aggregate Revolving Commitments.

Revolving Commitment Fee. The Borrower agrees to shall pay to the Administrative Agent Agent, for the account of each Revolving Credit Lender under each Facility in accordance with its Pro Rata Share or other applicable share provided for under this AgreementApplicable Percentage, a commitment fee (the “Revolving Commitment Fee”) at a rate per annum equal to the product of: (i) the Applicable Rate with respect to commitment fees for such Facility Rate; times (ii) the actual daily amount by which the aggregate Aggregate Revolving Credit Commitments for such Facility exceeds exceed the sum of (AyA) the Outstanding Amount of Revolving Credit Loans for such Facility plus Loans, and (BzB) the Outstanding Amount of L/C Obligations for such Facility; Obligations, subject to adjustment as provided that any commitment fee accrued with respect to any in Section 2.15. For the avoidance of doubt, the Revolving Credit Commitments Outstanding Amount of a Defaulting Lender during the period prior to the time such Lender became a Defaulting Lender and unpaid at such time Swing Line Loans shall not be payable by the Borrower so long as such Lender shall be a Defaulting Lender except to the extent that such commitment fee shall otherwise have been due and payable by the Borrower prior to such time; provided, further, that no commitment fee shall accrue on any counted towards or considered usage of the Aggregate Revolving Credit Commitments for purposes of a Defaulting Lender so long as such Lender shall be a Defaulting Lenderdetermining the Revolving Commitment Fee. The commitment fee with respect to each Revolving Credit Facility Commitment Fee shall accrue at all times from the Closing Date until the Maturity Date for during the Revolving Credit FacilityAvailability Period, including at any time during which one (1) or more of the applicable conditions in Article IV V is not met, and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first (1st) such date during the first full fiscal quarter to occur after the Closing Effectiveness Date, and on the Revolving Loan Maturity Date for Date; provided, that, (A) no Revolving Commitment Fee shall accrue on the applicable Revolving Credit Facility. The commitment fee Commitment of a Defaulting Lender so long as such Lender shall be a Defaulting Lender, and (B) any Revolving Commitment Fee accrued with respect to each the Revolving Credit Facility Commitment of a Defaulting Lender during the period prior to the time such Lender became a Defaulting Lender, and unpaid at such time, shall not be payable by the Borrower so long as such Lender shall be a Defaulting Lender. The Revolving Commitment Fee shall be calculated quarterly in arrears., and, if there is any change in the Applicable Rate during any quarter, the actual daily amount shall be computed and multiplied by the Applicable Rate separately for each period during such quarter that such Applicable Rate was in effect. (b)

Revolving Commitment Fee. The Borrower agrees to shall pay to the Administrative Agent for the account of each Revolving Credit Lender under each Facility that is not a Defaulting Lender in accordance with its Pro Rata Share or other applicable share provided for under this AgreementApplicable Revolving Percentage, a commitment fee (a “Revolving Commitment Fee”) equal to the Applicable Rate with respect to commitment fees for such Facility the Revolving Commitment Fee times the actual daily amount (the “Commitment Amount”) by which the aggregate Revolving Credit Commitments for such Facility exceeds the sum of (Ai) the Outstanding Amount of Revolving Credit Committed Loans for such Facility plus and (Bii) the Outstanding Amount of L/C Obligations for such Facility; Obligations, subject to adjustment as provided that any commitment fee accrued with respect to any of the Revolving Credit Commitments of a Defaulting Lender during the period prior to the time such Lender became a Defaulting Lender and unpaid at such time shall not be payable by the Borrower so long as such Lender shall be a Defaulting Lender except to the extent that such commitment fee shall otherwise have been due and payable by the Borrower prior to such time; provided, further, that no commitment fee shall accrue on any of the Revolving Credit Commitments of a Defaulting Lender so long as such Lender shall be a Defaulting Lenderin Section 2.16. The commitment fee with respect to each Revolving Credit Facility Commitment Fee shall accrue at all times from during the Closing Date until the Maturity Date for the Revolving Credit FacilityAvailability Period, including at any time during which one or more of the applicable conditions in Article IV is not met, and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date during the first full fiscal quarter to occur after the Closing Restatement Effective Date, and on the Maturity Date for last day of the applicable Revolving Credit FacilityAvailability Period. The commitment fee with respect to each Revolving Credit Facility Commitment Fee shall be calculated quarterly in arrears, and if there is any change in the Commitment Amount or the Applicable Rate during any quarter, the actual daily amount shall be computed and multiplied by the Applicable Rate separately for each period during such quarter that such Applicable Rate was in effect. For the avoidance of doubt, the Outstanding Amount of Swing Line Loans shall not be counted towards or considered usage of the Aggregate Commitments for purposes of determining the Revolving Commitment Fee.

Revolving Commitment Fee. The Borrower agrees to shall pay to the Administrative Agent Agent, for the account of each Revolving Credit Lender under each Facility in accordance with its Pro Rata Share or other applicable share provided for under this AgreementApplicable Percentage, a commitment fee (the “Revolving Commitment Fee”) at a rate per annum equal to the product of (i) the Applicable Rate with respect to commitment fees for such Facility times (ii) the actual daily amount by which the aggregate Aggregate Revolving Credit Commitments for such Facility exceeds exceed the sum of (Ay) the Outstanding Amount of Revolving Credit Loans for such Facility plus and (Bz) the Outstanding Amount of L/C Obligations Obligations, subject to adjustment as provided in Section 2.15. For the avoidance of doubt, the Outstanding Amount of Swing Line Loans shall not be counted towards or considered usage of the Aggregate Revolving Commitments for purposes of determining the Revolving Commitment Fee. The Revolving Commitment Fee shall accrue at all times during the Revolving Availability Period, including at any time during which one or more of the conditions in Article V is not met, and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such Facilitydate to occur after the Effectiveness Date, and on the Revolving Loan Maturity Date; provided that (A) no Revolving Commitment Fee shall accrue on the Revolving Commitment of a Defaulting Lender so long as such Lender shall be a Defaulting Lender and (B) any commitment fee Revolving Commitment Fee accrued with respect to any of the Revolving Credit Commitments Commitment of a Defaulting Lender during the period prior to the time such Lender became a Defaulting Lender and unpaid at such time shall not be payable by the Borrower so long as such Lender shall be a Defaulting Lender except to the extent that such commitment fee shall otherwise have been due and payable by the Borrower prior to such time; provided, further, that no commitment fee shall accrue on any of the Revolving Credit Commitments of a Defaulting Lender so long as such Lender shall be a Defaulting Lender. The commitment fee with respect to each Revolving Credit Facility shall accrue at all times from the Closing Date until the Maturity Date for the Revolving Credit Facility, including at any time during which one or more of the applicable conditions in Article IV is not met, and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date during the first full fiscal quarter to occur after the Closing Date, and on the Maturity Date for the applicable Revolving Credit Facility. The commitment fee with respect to each Revolving Credit Facility Commitment Fee shall be calculated quarterly in arrears, and if there is any change in the Applicable Rate during any quarter, the actual daily amount shall be computed and multiplied by the Applicable Rate separately for each period during such quarter that such Applicable Rate was in effect.

Revolving Commitment Fee. The Borrower agrees to shall pay to the Administrative Agent for the account of each Revolving Credit Lender under each Facility holding Initial Revolving Commitments in accordance with its Pro Rata Share or other applicable share provided for under this AgreementApplicable Revolving Percentage, a commitment fee equal to the Applicable Rate with respect to commitment fees for such Facility the “Commitment Fee” times the actual daily amount by which the aggregate Initial Revolving Credit Commitments for such Facility exceeds exceed the sum of (Ai) the Outstanding Amount of Initial Revolving Credit Loans for such Facility plus and (Bii) the Outstanding Amount of L/C Obligations for such Facility; Obligations, subject to adjustment as provided that any commitment fee accrued with respect to any in Section 2.15. For the avoidance of doubt, the Outstanding Amount of Swingline Loans shall not be counted towards or considered usage of the Revolving Credit Facility Exhibit 10.3 under the Initial Revolving Commitments for purposes of a Defaulting Lender during determining the period prior commitment fee. The Borrower shall pay to the time such Administrative Agent for the account of each Revolving Lender became holding Second Amendment Revolving Commitments in accordance with its Applicable Revolving Percentage, a Defaulting Lender and unpaid at such time shall not be payable by the Borrower so long as such Lender shall be a Defaulting Lender except commitment fee equal to the extent that such commitment fee shall otherwise have been due and payable Applicable Rate for the “Commitment Fee” times the actual daily amount by which the Borrower prior to such time; provided, further, that no commitment fee shall accrue on any aggregate Second Amendment Revolving Commitments exceed the sum of the Outstanding Amount of Second Amendment Revolving Credit Commitments of a Defaulting Lender so long as such Lender shall be a Defaulting LenderLoans. The commitment fee with respect to each Revolving Credit Facility shall accrue at all times from during the Closing Date until Availability Period of the Maturity Date for the applicable Revolving Credit Facility, including at any time during which one or more of the applicable conditions in Article IV is not met, and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date during the first full fiscal quarter to occur after the Closing Date, and on the Maturity Date last day of the Availability Period for the applicable Revolving Credit Facility. The commitment fee with respect to each Revolving Credit Facility shall be calculated quarterly in arrears, and if there is any change in the Applicable Rate for the “Commitment Fee” during any quarter, the actual daily amount shall be computed and multiplied by the Applicable Rate for the “Commitment Fee” separately for each period during such quarter that such Applicable Rate was in effect.

Revolving Commitment Fee. At all times the Unused Revolving Committed Amount shall be allocated to the R-1 Revolving Commitments and R-2 Revolving Commitments on a pro rata basis based on the respective amounts thereof. The Borrower agrees to shall pay to the Administrative Agent for the account of each Revolving Credit Lender under a fee (the “Commitment Fee”) on such Lender’s pro rata share of the daily Unused Revolving Committed Amount allocated to the R-1 Revolving Commitments and R-2 Revolving Commitments (based on the percentage that its applicable Class of Commitment bears to the aggregate Class of Commitment), computed at a per annum rate for each Facility in accordance with its Pro Rata Share or other applicable share provided for under this Agreement, a commitment fee day equal to the Applicable Rate with respect to commitment fees for (i) 0.50% of such Facility times the actual daily amount by which the aggregate Unused Revolving Credit Commitments for such Facility exceeds the sum of (A) the Outstanding Committed Amount of Revolving Credit Loans for such Facility plus (B) the Outstanding Amount of L/C Obligations for such Facility; provided that any commitment fee accrued with respect to any of the Revolving Credit Commitments of a Defaulting Lender during the period prior allocated to the time R-1 Revolving Commitments and (ii) 0.75% of such Lender became a Defaulting Lender and unpaid at such time shall not be payable by the Borrower so long as such Lender shall be a Defaulting Lender except Unused Revolving Committed Amount allocated to the extent that such commitment fee R-2 Revolving Commitments. The Commitment Fee shall otherwise have been due and payable by the Borrower prior commence to such time; provided, further, that no commitment fee shall accrue on any of the Revolving Credit Commitments of a Defaulting Lender so long as such Lender shall be a Defaulting Lender. The commitment fee with respect to each Revolving Credit Facility shall accrue at all times from the Closing Effective Date until the Maturity Date for the Revolving Credit Facility, including at any time during which one or more of the applicable conditions in Article IV is not met, and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and DecemberDecember (and any date that the Revolving Committed Amount is reduced as provided in Section 2.10(a) or (b) and the Original Revolving Termination Date and New Revolving Termination Date) for the quarter or portion thereof ending on each such date, commencing beginning with the first of such date during the first full fiscal quarter dates to occur after the Closing Effective Date; provided that, and the Commitment Fees to be paid by the Borrower on the Maturity first of such dates to occur after the Effective Date for shall include all Commitment Fees accrued under (and as defined in) the applicable Revolving Existing Credit Facility. The commitment fee with respect Agreement to each Revolving Credit Facility shall be calculated quarterly in arrearsthe extent such Commitment Fees remain unpaid as of the Effective Date.

Revolving Commitment Fee. The Borrower agrees to shall pay to the Administrative Agent for the account of each Revolving Credit Lender under each Facility in accordance with its Pro Rata Share or other applicable share provided for under this AgreementRevolving Commitment Percentage, a commitment fee (the “Revolving Commitment Fee”) equal to the Applicable Rate with respect to commitment fees for such Facility times Margin of the actual daily amount by which the aggregate Aggregate Revolving Credit Commitments for exceed the Total Revolving Outstandings, subject to adjustments as provided in Section 2.16. The Revolving Commitment Fee shall accrue at all times during the Revolving Commitment Period, including at any time during which one or more of the conditions in Section 5 is not met, and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such Facility exceeds date to occur after the sum of (A) Closing Date, and on the Outstanding Amount of Revolving Credit Loans for such Facility plus (B) the Outstanding Amount of L/C Obligations for such FacilityCommitment Termination Date; provided that (1) no Revolving Commitment Fee shall accrue on any commitment fee of the Revolving Commitment of a Defaulting Lender so long as such Lender shall be a Defaulting Lender and (2) any Revolving Commitment Fee accrued with respect to any of the Revolving Credit Commitments Commitment of a Defaulting Lender during the period prior to the time such Lender became a Defaulting Lender and unpaid at such time shall not be payable by the Borrower so long as such Lender shall be a Defaulting Lender except to the extent that such commitment fee shall otherwise have been due and payable by the Borrower prior to such time; provided, further, that no commitment fee shall accrue on any of the Revolving Credit Commitments of a Defaulting Lender so long as such Lender shall be a Defaulting Lender. The commitment fee with respect to each Revolving Credit Facility shall accrue at all times from the Closing Date until the Maturity Date for the Revolving Credit Facility, including at any time during which one or more of the applicable conditions in Article IV is not met, and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date during the first full fiscal quarter to occur after the Closing Date, and on the Maturity Date for the applicable Revolving Credit Facility. The commitment fee with respect to each Revolving Credit Facility Commitment Fee shall be calculated quarterly in arrears., and if there is any change in the Applicable Margin during any quarter, the actual daily amount shall be computed and multiplied by the Applicable Margin separately for each period during such quarter that such Applicable Margin was in effect. For purposes hereof, Swingline Loans shall not be counted toward or be considered as usage of the Aggregate Revolving Commitments. ​ ​ ​