Revolving Credit Unused Line Fee. The Borrower shall pay to the Lender a quarterly revolving credit facility fee (collectively, the "Revolving Credit Unused Line Fees" and individually, a "Revolving Credit Unused Line Fee") in an amount equal to one quarter of one percent (1/4%) per annum of the average daily unused and undisbursed portion of the Revolving Credit Committed Amount in effect from time to time accruing during each calendar quarter. The accrued and unpaid portion of the Revolving Credit Unused Line Fee shall be paid by the Borrower to the Lender on the first day of each calendar quarter, commencing on the first such date following the date hereof, and on the Revolving Credit Termination Date.
Revolving Credit Unused Line Fee. The Borrowers shall pay to the Lender a revolving credit facility fee (collectively, the "Revolving Credit Unused Line Fees" and individually, a "Revolving Credit Unused Line Fee") in an amount equal to three eighths of one percent (.375%) per annum of the average daily unused and undisbursed portion of the Revolving Credit Committed Amount in effect from time to time accruing during each month. The accrued and unpaid portion of the Revolving Credit Unused Line Fee shall be paid by the Borrowers to the Lender monthly in arrears on the last day of each month, commencing on the first such date following the date hereof, and on the Revolving Credit Termination Date.
Revolving Credit Unused Line Fee. The Borrower shall pay to the Agent for the ratable benefit of the Lenders a quarterly Revolving Credit Facility fee (collectively, the "Revolving Credit Unused Line Fees" and individually, a "Revolving Credit Unused Line Fee") in an amount equal to thirty (30) basis points per annum (calculated on the basis of actual number of days elapsed in a year of 360 days) and calculated on average daily unused and undisbursed portion of the Total Revolving Credit Committed Amount in effect from time to time accruing during each quarterly period. The accrued and unpaid Revolving Credit Unused Line Fee shall be paid by the Borrower to the Agent on the first day of each quarter, in arrears, commencing on the first such date following the date hereof, and on the Revolving Credit Termination Date.
Revolving Credit Unused Line Fee. The Borrower shall pay to the Lender a monthly revolving credit facility fee (collectively the “Commitment Fees” and individually, a “Commitment Fee”) in an amount based upon the daily unused and undisbursed portion of the maximum committed amount under the Revolving Loan in effect from time to time accruing during each month multiplied by 0.35%. The accrued and unpaid portion of the Commitment Fee shall be paid by the Borrower to the Lender on the first day of each month, commencing on the first such date following the date hereof, and on the Revolving Credit Termination Date. Each request for an advance shall be deemed a representation by Borrower that the conditions of this Article have been met.
Revolving Credit Unused Line Fee. Borrower shall pay to Lender a revolving credit facility fee (collectively, the "Revolving Credit Unused Line Fees" and individually, a "Revolving Credit Unused Line Fee") in an amount equal to three-eighths percent (3/8%) per annum of the average daily unused and undisbursed portion of the Revolving Credit Committed Amount in effect from time to time accruing during each quarter. The accrued and unpaid portion of the Revolving Credit Unused Line Fee shall be paid in arrears by Borrower to Lender on the first day of each September, December, March and June, commencing on the first such date following the date hereof, and on the Revolving Credit Termination Date.
Revolving Credit Unused Line Fee. Borrower shall pay to Lender a quarterly revolving credit facility fee (collectively, the “Revolving Credit Unused Line Fees” and individually, a “Revolving Credit Unused Line Fee”) in an amount equal to two tenths of one percent (0.20%) per annum of the average daily unused and undisbursed portion of the Revolving Credit Committed Amount, minus the face amount of any outstanding Letters of Credit, in effect from time to time accruing during each calendar quarter. The accrued and unpaid portion of the Revolving Credit Unused Line Fee shall be paid by Borrower to Lender on the first day of each calendar quarter, commencing on the first such date following the date hereof, and on the Revolving Credit Termination Date.
Revolving Credit Unused Line Fee. Borrowers shall pay to Lender a revolving credit facility fee (collectively, the “Revolving Credit Unused Line Fees” and individually, a “Revolving Credit Unused Line Fee”) in an amount equal to three-eighths percent (3/8%) per annum of the average daily unused and undisbursed portion of the Revolving Credit Committed Amount in effect from time to time accruing during each quarter; provided, however, the Revolving Credit Unused Line Fee shall be calculated at a rate equal to one-quarter of one percent (1/4%) per annum of the average daily unused and undisbursed portion of the Revolving Credit Committed Amount in effect from time to time accruing during such quarter if the unused and undisbursed portion of the Revolving Credit Committed Amount is less than fifty percent (50%) of the Revolving Credit Committed Amount. The accrued and unpaid portion of the Revolving Credit Unused Line Fee shall be paid in arrears by Borrowers to Lender on the first day of each September, December, March and June, commencing on the first such date following the date hereof, and on the Revolving Credit Termination Date.
Revolving Credit Unused Line Fee. The Borrower shall pay to the Agent for the ratable benefit of the Lenders a monthly revolving credit facility fee (collectively, the “Revolving Credit Unused Line Fees” and individually, a “Revolving Credit Unused Line Fee”) in an amount equal to one-quarter of one percent (0.25%) per annum of the average daily unused and undisbursed portion of the Total Revolving Credit Committed Amount in effect from time to time accruing during each month. The accrued and unpaid portion of the Revolving Credit Unused Line Fee shall be paid by the Borrower to the Agent on the first day of each month, commencing on the first such date following the date hereof, and on the Revolving Credit Termination Date.
Revolving Credit Unused Line Fee. The Borrowers shall jointly and severally pay to the Agent, in arrears, for the ratable benefit of the Lenders, a quarterly revolving credit unused line fee (collectively, the "Revolving Credit Unused Line Fees" and individually, a "Revolving Credit Unused Line Fee") in an amount to be determined based upon the ratio of Funded Debt to EBITDA for the rolling four (4) quarter month period covered by the then most recent financial statements furnished or required to be furnished to the Agent pursuant to and in the form required by Section 5.1.1(a) and Section 5.1.1(c). Within three (3) Business Days of the Agent's receipt of such financial statements in the form required, the Agent shall calculate the ratio of Funded Debt to EBITDA for the then rolling four (4) quarter period covered by such financial statements, and shall notify the Borrowers and the Lenders of the Agent's determination. If such financial statements are not furnished as and when required, the Borrowers may not be permitted to select or change an Interest Rate or an Interest Period. Following, the Agent's determination of the Funded Debt to EBITDA ratio, the Revolving Credit Unused Line Fee shall be equal to the per annum "Fee Percentage Amount" as set forth below multiplied by the difference between (a) the Total Revolving Credit Committed Amount in effect from time to time and (b) the sum of (i) the average daily outstanding principal balance of the Revolving Loan during the then preceding quarterly period and (ii) the average daily face amount of all Letters of Credit outstanding during such quarterly period: Funded Debt to EBITDA Ratio Fee Percentage Amount --------------------------- --------------------- Less than 1.0 to 1.0 .125% Greater than or equal to .125% 1.0 to 1.0, but less than 1.75 to 1.0 Greater than or equal to .16% 1.75 to 1.0, but less than 2.25 to 1.0 Greater than or equal to .19% 2.25 to 1.0, but less than 2.75 to 1.0 Greater than or equal to .23% 2.75 to 1.0, but less than 3.0 to 1.0 Greater than or equal to 3.0 to 1.0 .50%
Revolving Credit Unused Line Fee. Borrowers shall pay to Lender a revolving credit facility fee (collectively, the "Revolving Credit Unused Line Fees" and individually, a "Revolving Credit Unused Line Fee") in an amount equal to the Unused Fee Margin multiplied by the average daily unused and undisbursed portion of the Revolving Credit Committed Amount in effect from time to time accruing during each calendar quarter. For purposes of clarification, the face amount of outstanding Letters of Credit shall be considered usage of the Revolving Credit Committed Amount. The accrued and unpaid portion of the Revolving Credit Unused Line Fee shall be paid by Borrowers to Lender on the last day of each calendar quarter, commencing on the first such date following the Supplemental Closing Date, and on the Revolving Credit Termination Date.
