Swingline Loan Commitment Fee Clause Samples

Swingline Loan Commitment Fee. From the Amendment Date through the Swingline Loan Expiration Date, Borrower shall pay to Administrative Agent, for the benefit of the Swingline Lender, if the Swingline Lender is not a Defaulting Lender, a fee in an amount equal to (i) the Swingline Loan Commitment less the the average daily outstanding balance of Swingline Loans during the preceding calendar quarter multiplied by 0.375% per annum. Such fee is to be paid quarterly in arrears on the last day of each calendar quarter for such calendar quarter (or portion thereof), with the final such payment due on the Swingline Loan Expiration Date.