Common use of Revolving Commitment Fee Clause in Contracts

Revolving Commitment Fee. The Borrowers shall pay to the Lender fees (the "Revolving Commitment Fees") in an amount determined by applying a rate of 0.25% per annum to the average daily unused Revolving Commitment Amount for the period from the date of this Agreement to the Revolving Maturity Date. Such Revolving Commitment Fees are payable in arrears quarterly on the last day of each calendar quarter and on the Revolving Maturity Date.

Appears in 1 contract

Sources: Credit Agreement (Applied Epi Inc)

Revolving Commitment Fee. The Borrowers Borrower shall pay to the Lender fees (the lender a "Revolving Commitment Fees") in an amount determined Fee" calculated by applying a the daily equivalent of an annual rate of 0.250.125% per annum to the average daily unused Unused Revolving Commitment Amount for on each day during the period from and including the date of this Agreement Effective Date to but excluding the Ultimate Revolving Maturity Date. Such Revolving Commitment Fees are payable in arrears quarterly on the last day of each calendar quarter and on the Revolving Maturity Date.The "Unused Revolving

Appears in 1 contract

Sources: Loan Agreement (Young Innovations Inc)

Revolving Commitment Fee. The Borrowers shall pay to the Lender fees (the "Revolving Commitment Fees") in an amount determined by applying a rate of 0.25% per annum to the average daily unused Revolving Commitment Amount for the period from the date of this Agreement to the Revolving Maturity Date. Such Revolving Commitment Fees are payable in arrears quarterly monthly on the last day of each calendar quarter month and on the Revolving Maturity Date.

Appears in 1 contract

Sources: Credit Agreement (WTC Industries Inc)

Revolving Commitment Fee. The Borrowers Borrower shall pay to the Lender fees (( the "Revolving Commitment Fees") in an amount determined by applying a rate of 0.25one-fourth (1/4) of 1% per annum to the average daily unused Revolving Commitment Amount for the period from the date of this Agreement to the Revolving Maturity Date. Such Revolving Commitment Fees are payable in arrears quarterly monthly on the last day of each calendar quarter month and on the Revolving Maturity Date.

Appears in 1 contract

Sources: Credit Agreement (Oboisie Corp)

Revolving Commitment Fee. The Borrowers shall pay to the Lender fees (the "β€œRevolving Commitment Fees"”) in an amount determined by applying a rate of 0.250.50% per annum to the average daily unused Unused Revolving Commitment Amount of the Lender for the period from the date of this Agreement Closing Date to the Revolving Maturity Termination Date. Such Revolving Commitment Fees are payable in arrears quarterly monthly on the last day of each calendar quarter month and on the Revolving Maturity Termination Date.

Appears in 1 contract

Sources: Credit Agreement (Sunlink Health Systems Inc)