Common use of Revolving Commitment Fee Clause in Contracts

Revolving Commitment Fee. The Borrower shall pay to the Administrative Agent for the account of each Revolving Lender in accordance with its Applicable Revolving Percentage, a commitment fee (the “Revolving Commitment Fee”) equal to the Applicable Rate times the actual daily amount by which the Revolving Facility exceeds the sum of (i) the Outstanding Amount of Revolving Loans and (ii) the Outstanding Amount of L/C Obligations, subject to adjustment as provided in Section 2.16. For the avoidance of doubt, the Outstanding Amount of Swing Line Loans shall not be counted towards or considered usage of the Revolving Facility for purposes of determining the Revolving Commitment Fee. The Revolving Commitment Fee shall accrue at all times during the Availability Period, including at any time during which one or more of the conditions in Article IV is not met, and shall be due and payable quarterly in arrears on the last Business Day of each May, August, November and February, commencing with the first such date to occur after the Closing Date, and on the last day of the Availability Period. 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 shall pay to the Administrative Agent for the account of each Revolving Lender in accordance with its Applicable Revolving Percentage, a commitment fee (the a “Revolving Commitment Fee”) in Dollars equal to the Applicable Rate 0.50% per annum times the actual daily amount by which the Aggregate Revolving Facility exceeds Commitments exceed the sum of (i) the Outstanding Amount of Revolving Loans and (ii) the Outstanding Amount of L/C C-BA Obligations; provided that, subject to adjustment as provided in Section 2.16. For the avoidance of doubtduring such time that any Revolving Lender is a Defaulting Lender, the Outstanding Amount of Swing Line Loans such Defaulting Lender shall not be counted towards or considered usage of entitled to receive (and the Revolving Facility for purposes of determining the Borrower shall not be obligated to pay to such Defaulting Lender) any 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 IV is not met, and shall be due and payable quarterly in arrears on the last Business Day of each MayMarch, AugustJune, November September and FebruaryDecember, commencing with the first such date to occur after the Closing Date, and on the last day of the Availability PeriodRevolving Commitment Termination Date. 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 shall pay to the Administrative Agent for the account of each Revolving Lender in accordance with its Applicable Revolving PercentagePro Rata Share, a commitment fee (the “Revolving Commitment Fee”Fee (herein so called) equal to the Applicable Rate times the actual daily amount by which the Aggregate Revolving Facility exceeds Commitments exceed the sum of (i) the Outstanding Amount of Revolving Loans and (ii) the Outstanding Amount of L/C Obligations, subject to adjustment as provided in Section 2.16. For the avoidance of doubt, the Outstanding Amount of Swing Line Loans shall not be counted towards or considered usage of the Revolving Facility for purposes of determining the Revolving Commitment Fee. The Revolving Commitment Fee shall accrue at all times during from the Availability Period, including at any time during which one or more date of this Agreement until the conditions in Article IV is not met, Maturity Date and shall be due and payable quarterly in arrears on the last Business Day of each May, August, November and FebruaryQuarterly Date, commencing with the first such date Quarterly Date to occur after the Closing Date, and on the last day of the Availability PeriodMaturity Date. 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. The Revolving Commitment Fee shall accrue at all times, including at any time during which one or more of the conditions in Article IV is not met.