Swingline Commitment Fees Sample Clauses

Swingline Commitment Fees. The Borrower shall pay to the Administrative Agent, for the account of the Swingline Lender, a non-refundable commitment fee at a rate per annum equal to 1.00% on the average daily unused portion of the Swingline Commitment as in effect from time to time during the period commencing on the Tenth Amendment Effective Date and ending on the Maturity Date (except that no such fee shall accrue during a Reallocation Period). The swingline commitment fee shall be payable for each calendar quarter in arrears on the last Business Day of such calendar quarter during the term of this Agreement commencing with the calendar quarter ending December 31, 2008 and ending on the Maturity Date. Such swingline commitment fee shall be distributed by the Administrative Agent to the Swingline Lender or shall be remitted directly by the Borrower to the Swingline Lender.