Revolving Facility Fees. During the period from the Effective Date to but excluding the Revolving Termination Date, the Borrower agrees to pay to the Administrative Agent for the account of the Revolving Lenders a facility fee equal to the daily aggregate amount of the Revolving Commitments (whether or not utilized) times a rate per annum equal to the Applicable Facility Fee. Such fee shall be payable quarterly in arrears on the first day of each January, April, July and October during the term of this Agreement and on the Revolving Termination Date or any earlier date of termination of the Revolving Commitments or reduction of the Revolving Commitments to zero. The Borrower acknowledges that the fee payable hereunder is a bona fide commitment fee and is intended as reasonable compensation to the Revolving Lenders for committing to make funds available to the Borrower as described herein and for no other purposes.
Revolving Facility Fees. During the period from the Effective Date to but excluding the Revolving Termination Date, the Borrower agrees to pay to the Administrative Agent for the account of the Revolving Lenders an unused facility fee equal to the sum of the daily amount (the “Unused Amount”) by which the aggregate amount of the Revolving Commitments exceeds the aggregate outstanding principal balance of Revolving Loans and Letter of Credit Liabilities set forth in the table below multiplied by the corresponding per annum rate: Unused Amount Unused Fee(percent per annum) Greater than 50% of the aggregate amount of Commitments 0.25% Less than or equal to 50% of the aggregate amount of Commitments 0.20% Such fee shall be computed on a daily basis and payable quarterly in arrears on the first day of each January, April, July and October during the term of this Agreement and on the Revolving Termination Date or any earlier date of termination of the Revolving Commitments or reduction of the Revolving Commitments to zero. For the avoidance of doubt, for purposes of calculating an unused facility fee, the outstanding principal balance of Swingline Loans shall not be factored into the computation.
Revolving Facility Fees. (i) During the period from the Effective Date to but excluding the Revolving Termination Date (or, if earlier, the occurrence of a Credit Rating Election Event), Borrower agrees to pay to Administrative Agent for the account of the Revolving Lenders an unused revolving facility fee equal to (x) the amount by which the aggregate amount of the Revolving Commitments exceeds the average daily amount of the aggregate outstanding principal balance of Revolving Loans and Letter of Credit Liabilities (the “Unused Amount”) multiplied by (y) the corresponding per annum rate set forth in the table below: Unused Amount Unused Fee (percent per annum) Greater than or equal to 50.0% of the aggregate amount of Revolving Commitments 0.25 % Less than 50.0% of the aggregate amount of Revolving Commitments 0.15 % Such fee shall be computed on a daily basis and payable quarterly in arrears on the last day of each March, June, September and December during the term of this Agreement and on the Revolving Termination Date or any earlier date of termination of the Revolving Commitments or reduction of the Revolving Commitments to zero. For the avoidance of doubt, for purposes of calculating an unused facility fee, the outstanding principal balance of Swingline Loans shall not be factored into the computation.
Revolving Facility Fees. During the period from the Effective Date to but excluding the Revolving Termination Date, the Borrower agrees to pay to the Administrative Agent for the account of the Revolving Lenders of each Class of Revolving Loans a facility fee in Dollars equal to the daily aggregate amount of the Revolving Commitments of such Class (whether or not utilized) times a rate per annum equal to the Applicable Revolving Facility Fee. Such fee shall be payable quarterly in arrears on the first day of each January, April, July and October during the term of this Agreement and on the Revolving Termination Date or any earlier date of termination of the Revolving Commitments of such Class or reduction of the Revolving Commitments of such Class to zero. The Borrower acknowledges that the fee payable hereunder is a bona fide commitment fee and is intended as reasonable compensation to the Revolving Lenders for committing to make funds available to the Borrower as described herein and for no other purposes.
Revolving Facility Fees. The Borrower agrees to pay to the Agent for the account of each Lender a facility fee equal to the average daily amount of the Commitment of such Lender (whether or not utilized) times the Facility Fee for the period from and including the Agreement Date to but excluding the date such Commitment is terminated or reduced to zero or the Termination Date, such fee to be paid in arrears on (i) the last day of March, June, September and December in each year, (ii) the date of each reduction in the Commitments (but only on the amount of the reduction) and (iii) on the Termination Date.
Revolving Facility Fees. As an inducement to Lender to make the Revolving Facility available to Borrower, Borrower hereby agrees to pay or has paid to Lender the following fees:
Revolving Facility Fees. (i) The U.S. Borrower agrees to pay, in Dollars in immediately available funds, (A) to each U.S. Revolving Lender a facility fee (a “U.S. Revolving Facility Fee”) equal to the Applicable Rate times the actual daily amount of the aggregate U.S. Revolving Commitments (or, if the U.S. Revolving Commitments have terminated, on the U.S. Revolving Outstandings); regardless of usage; provided, however, that any facility fee accrued with respect to any of the U.S. Revolving 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 U.S. Borrower so long as such Lender shall be a Defaulting Lender except to the extent that such facility fee shall otherwise have been due and payable by the U.S. Borrower prior to such time; and provided further that no facility fee shall accrue on any of the U.S. Revolving Commitments of a Defaulting Lender so long as such Lender shall be a Defaulting Lender and (ii) The U.K. Borrower agrees to pay, in Dollars in immediately available funds, (A) to each U.K. Revolving Lender a facility fee (a “U.K. Revolving Facility Fee”) equal to the Applicable Rate times the actual daily amount of the aggregate U.K. Revolving Commitments (or, if the U.K. Revolving Commitments have terminated, on the U.K. Revolving Outstandings); regardless of usage; provided, however, that any facility fee accrued with respect to any of the U.K. Revolving 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 U.K. Borrower so long as such Lender shall be a Defaulting Lender except to the extent that such facility fee shall otherwise have been due and payable by the U.K. Borrower prior to such time; and provided further that no facility fee shall accrue on any of the U.K. Revolving Commitments of a Defaulting Lender so long as such Lender shall be a Defaulting Lender. The facility fees shall accrue at all times from the date hereof through the Revolving Credit Termination Date at the Applicable Rate (and thereafter so long as any U.S. Revolving Outstandings or U.K. Revolving Outstandings, as applicable, exist), 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 March, June, September and December, commencing with the last Business Day in ...
Revolving Facility Fees. On May 22, 2016 and each anniversary thereof for so long as the Revolving Facility is in effect, a facility fee equal to one half of one percent (0.5%) of the Revolving Line, each of which are fully earned and nonrefundable; and
Revolving Facility Fees. (a) The Borrower agrees to pay to the Administrative Agent for the account of each Revolving Lender a commitment fee for the period from and including the Closing Date to the last day of the Revolving Availability Period, computed at the Commitment Fee Rate on the average daily amount of the Available Revolving Commitment of such Lender during the period for which payment is made, payable quarterly in arrears on the Quarterly Payment Date and on the Revolving Termination Date, commencing on the first of such dates to occur after the date hereof.
Revolving Facility Fees. (a) Revolving
