Sharing Commitment Fee. The Lenders shall share the commitment fee provided for in Section 2.3(b) ratably in accordance with their Unused Commitments. The “Unused Commitment” of a Lender at any time is the amount by which such Lender’s Revolving Loan Commitment at such time exceeds the principal balance of such Lender’s then outstanding Revolving Loans, provided that for purposes of this computation the outstanding Revolving Loans of the Lender that is the Swing Line Lender shall also include the outstanding Swing Loans.
Appears in 2 contracts
Sources: Credit Agreement (Columbia Sportswear Co), Credit Agreement (Columbia Sportswear Co)