Unused Commitment Fee. Borrower agrees to pay a fee on any difference between the Commitment and the amount of credit it actually uses, which fee will be calculated daily at two-tenths of one percent (0.20%) per year based on the daily unused Commitment. The fee is payable quarterly in arrears, commencing on April 1, 2018 and continuing on each July 1, October 1, January 1 and April 1 thereafter through the full and final repayment of the Loan and the termination of the Commitment.
Appears in 2 contracts
Sources: Line of Credit Loan Agreement, Line of Credit Loan Agreement (Limoneira CO)
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Commitment Facility No. 1 Available Amount and the amount of credit it actually uses, which determined by the daily amount of credit outstanding during the specified period. The fee will be calculated daily at two-tenths of one percent (0.20%) 0.125% per year based on the daily unused Commitmentyear. The This fee is payable quarterly in arrears, commencing due on April 1, 2018 and continuing on each July 1, October 12010, January 1 and April 1 thereafter through on the full and final repayment first day of each following quarter until the expiration of the Loan and the termination of the Commitmentavailability period.
Appears in 2 contracts
Sources: Loan Agreement (K Swiss Inc), Loan Agreement (K Swiss Inc)
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Commitment and the amount of credit it actually uses, which determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated daily at two-tenths the Applicable Rate according to Section 1.6 hereof. The calculation of one percent (0.20%) per year based credit outstanding shall include the undrawn amount of letters of credit as well as the undrawn amount of Bank Guarantees. This fee is due on the daily unused Commitment. The fee is payable quarterly in arrears, commencing on April 1, 2018 and continuing on first day of each July 1, October 1, January 1 and April 1 thereafter through calendar quarter until the full and final repayment expiration of the Loan and the termination of the Commitmentavailability period.
Appears in 2 contracts
Sources: Loan Agreement (Graham Corp), Loan Agreement (Graham Corp)
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Commitment and the amount of credit it actually uses, which determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated daily in arrears at two-tenths 0.15% per year. The calculation of one percent (0.20%) per year based credit outstanding shall include the undrawn amount of letters of credit. This fee is due on June 30, 2009, and on the daily unused Commitment. The fee is payable quarterly in arrears, commencing on April 1, 2018 and continuing on last day of each July 1, October 1, January 1 and April 1 thereafter through following quarter until the full and final repayment expiration of the Loan and the termination of the Commitmentavailability period.
Appears in 1 contract
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Commitment and the amount of credit it actually uses, which determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated daily at two-tenths of one percent (0.20%) % per year based on the daily unused Commitmentyear. The This fee is payable quarterly in arrears, commencing due on April 1, 2018 2008, and continuing on the first day of each July 1, October 1, January 1 and April 1 thereafter through following quarter until the full and final repayment expiration of the Loan and the termination of the Commitmentavailability period.
Appears in 1 contract
Unused Commitment Fee. The Borrower agrees to pay a fee on any --------------------- difference between the Facility No. 1 Commitment and the Facility No. 3 Commitment and the amount of credit it actually usesuses under such facilities, which fee will be calculated daily determined by the weighted average credit outstanding during the specified period at two-tenths of one percent (0.20%) per year based on the daily unused CommitmentUnused Commitment Fee Rate as in effect from time to time. The fee is shall be payable quarterly in arrearson May 31, commencing on April 1, 2018 2001 and continuing on the last day of each July 1, October 1, January 1 and April 1 thereafter through following quarter until the full and final repayment expiration date of the Loan and the termination of the Commitmentapplicable facility.
Appears in 1 contract
Unused Commitment Fee. The Borrower agrees to pay the Bank a fee on any difference between the amount of the Commitment and the amount of credit it the Borrower actually usesutilizes (including for such purposes any letters of credit outstanding) under the Facility, which determined by the daily amount of credit outstanding during the specified period. The fee will be calculated daily at two-tenths of one percent (0.20%) 0.25% per year based on the daily unused Commitment. The fee is payable quarterly and shall be payable, in arrears, commencing on April 1, 2018 and continuing on each July 1Payment Date, October 1commencing March 31, January 1 and April 1 thereafter through the full and final repayment of the Loan and the termination of the Commitment2012.
Appears in 1 contract
Sources: Loan Agreement (Martha Stewart Living Omnimedia Inc)
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Commitment and the amount of credit it actually uses, which determined by the daily amount of credit outstanding during the specified period, The fee will be calculated daily at two-tenths of one percent (0.20%) 0.75% per year based year. This fee is due on August 1, 2013, and on the daily unused Commitment. The fee is payable quarterly in arrears, commencing on April 1, 2018 and continuing on same day of each July 1, October 1, January 1 and April 1 thereafter through following quarter until the full and final repayment expiration of the Loan and the termination of the Commitment.availability period,
Appears in 1 contract
Sources: Loan Agreement (Mimedx Group, Inc.)
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Commitment and the amount of credit it actually uses, which determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated daily at two-tenths of one percent (0.20%) 0.125% per year based on the daily unused Commitmentyear. The calculation of credit outstanding shall not include the undrawn amount of letters of credit and acceptances. This fee is payable quarterly in arrears, commencing due on April 1, 2018 and continuing on each July 1, October 12005, January 1 and April 1 thereafter through on the full and final repayment same day of each following quarter until the expiration of the Loan and the termination of the Commitmentavailability period.
Appears in 1 contract
Sources: Loan Agreement (K Swiss Inc)
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the availability of the Facility No. 1 Commitment (as determined in accordance with Section 1.2 hereof) and the amount of credit it actually uses, which determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated daily at two-tenths of one percent (0.20%) 0.50% per year based on the daily unused Commitmentyear. The fee is due and payable quarterly in arrears, commencing on April 1, 2018 2009 and continuing on the first day of each July 1July, October 1October, January 1 and April 1 thereafter through until the full and final repayment expiration of the Loan and the termination of the Commitmentavailability period.
Appears in 1 contract
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No.1 Commitment and the amount of credit it actually uses, which determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated daily at two-tenths of one percent (0.20%) 37.5% per year based on the daily unused Commitmentyear. The This fee is payable quarterly in arrears, commencing due on April 1, 2018 and continuing on each July 1, October 1, January 1 2009, and April 1 thereafter through on the full and final repayment same day of each following quarter in arrears until the expiration of the Loan and the termination of the Commitmentavailability period.
Appears in 1 contract
Sources: Loan Agreement (Connecticut Water Service Inc / Ct)
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Revolving Credit Facility Commitment and the amount of credit it actually uses, which determined by the daily amount of credit outstanding during the specified period. The fee will be calculated daily at two-tenths of one percent (0.20%) 0.25% per year based year. This fee is due on December 31, 2015, and on the daily unused Commitment. The fee is payable quarterly in arrears, commencing last day of each following quarter and on April 1, 2018 and continuing on each July 1, October 1, January 1 and April 1 thereafter through the full and final repayment Revolving Facility Expiration Date until the expiration of the Loan and the termination of the CommitmentAvailability Period.
Appears in 1 contract
Sources: Loan Agreement (Versar Inc)
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No, 1 Commitment and the amount of credit it actually uses, which determined by the daily amount of credit outstanding during the specified period. The fee will be calculated daily at two-tenths of one percent (0.20%) 0.5% per year based year. This fee is due on December 16, 2010, and on the daily unused Commitment. The fee is payable quarterly in arrears, commencing on April 1, 2018 and continuing on same day of each July 1, October 1, January 1 and April 1 thereafter through following quarter until the full and final repayment expiration of the Loan and the termination of the Commitmentavailability period.
Appears in 1 contract
Sources: Loan Agreement (Vertex Energy Inc.)
Unused Commitment Fee. Borrower agrees The Borrowers agree to pay a fee on any difference between the Facility Commitment and the amount of credit it actually uses, which determined by the average of the daily amount of credit outstanding during the specified period, The fee will be calculated daily at two-tenths of one percent (0.20%) 0.375% per year based on the daily unused Commitmentyear. The fee calculation of credit outstanding shall Include the undrawn amount of letters of credit. Of this fee, 0.09376% is payable quarterly in arrears, commencing due on April 1SO, 2018 2010, and continuing on each subsequent July 131, October 131, January 1 31 and April 1 thereafter through 30 until the full and final repayment expiration of the Loan and the termination of the Commitmentavailability period."
Appears in 1 contract
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Commitment and the amount of credit it actually uses, which determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated daily at two-tenths of one percent (0.20%) the rate per year based equal to the Applicable Margin, as defined above. The calculation of credit outstanding shall include the undrawn amount of letters of credit. This fee is due on November 1, 2003, and on the daily unused Commitment. The fee is payable quarterly in arrears, commencing on April 1, 2018 and continuing on same day of each July 1, October 1, January 1 and April 1 thereafter through following calendar quarter until the full and final repayment expiration of the Loan and the termination of the Commitmentavailability period.
Appears in 1 contract
Sources: Loan Agreement (Jamba, Inc.)
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Commitment and the amount of credit it actually uses, which determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated daily at twoone-tenths eighth of one percent (0.200.125%) percent per year based year. This fee is due on the daily unused Commitment. The fee is payable quarterly in arrears, commencing on April 1, 2018 and continuing on each July 1, October 1, January 1 and April 1 thereafter through the full and final repayment day of the Loan and the termination of the Commitmentavailability period.
Appears in 1 contract
Sources: Loan Agreement (Key Technology Inc)
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility Commitment and the amount of credit it actually uses, which determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated daily at two-tenths 0.50% per year. The calculation of one percent (0.20%) per year based credit outstanding shall include the undrawn amount of letters of credit. This fee is due in arrears on September 1, 2009, and on the daily unused Commitment. The fee is payable quarterly same day of each following quarter in arrears, commencing on April 1, 2018 and continuing on each July 1, October 1, January 1 and April 1 thereafter through arrears until the full and final repayment expiration of the Loan and the termination of the Commitmentavailability period.
Appears in 1 contract
Sources: Loan Agreement (Point.360)
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Commitment and the amount of credit it actually uses, which determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated daily at two-tenths of one percent (0.20%) 0.2% per year based and paid quarterly, in arrears. This fee is due on September 30, 2007, and on the daily unused Commitment. The fee is payable quarterly in arrears, commencing on April 1, 2018 and continuing on same day of each July 1, October 1, January 1 and April 1 thereafter through following quarter until the full and final repayment expiration of the Loan and the termination of the Commitmentavailability period.
Appears in 1 contract
Sources: Loan Agreement (Sequa Corp /De/)
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Commitment and the amount of credit it actually uses, which determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated daily at two-tenths of one percent (0.20%) 0.25% per year based year. This fee is due on December 31, 2004, and on the daily unused Commitment. The fee is payable quarterly in arrears, commencing on April 1, 2018 and continuing on same day of each July 1, October 1, January 1 and April 1 thereafter through following quarter until the full and final repayment expiration of the Loan and the termination of the Commitmentavailability period.
Appears in 1 contract
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Commitment and the amount of credit it actually uses, which determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated daily at two-tenths of one percent (0.20%) 0.125% per year based year. This fee is due on September 26, 2006, and on the daily unused Commitment. The fee is payable quarterly in arrears, commencing on April 1, 2018 and continuing on same day of each July 1, October 1, January 1 and April 1 thereafter through following quarter until the full and final repayment expiration of the Loan and the termination of the Commitmentavailability period.
Appears in 1 contract
Sources: Loan Agreement (Citi Trends Inc)
Unused Commitment Fee. Borrower agrees The Borrowers agree to pay a fee on any difference between the Facility No. 1 Commitment and the amount of credit it they actually usesuse, which determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated daily at two-tenths of one percent (0.20%) .175% per year based on the daily unused Commitmentyear. The This fee is payable quarterly in arrears, commencing due on April 1, 2018 2009, and continuing on the same day of each July 1, October 1, January 1 and April 1 thereafter through following quarter until the full and final repayment expiration of the Loan and the termination of the Commitmentavailability period.
Appears in 1 contract
Sources: Loan Agreement (Iaso Pharma Inc)
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Commitment and the amount of credit it actually uses, which determined by the daily amount of credit outstanding during the specified period. The fee will be calculated daily at two-tenths of one percent (0.20%) 0.5% per year based year. This fee is due on March 31, 2010, and on the daily unused Commitment. The fee is payable quarterly in arrears, commencing on April 1, 2018 and continuing on same day of each July 1, October 1, January 1 and April 1 thereafter through following quarter until the full and final repayment expiration of the Loan and the termination of the Commitmentavailability period.
Appears in 1 contract
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Commitment and the amount of credit it actually uses, which determined by the daily amount of credit outstanding during the specified period. The fee will be calculated daily at two-tenths of one percent (0.20%) 0.10% per year based on the daily unused Commitmentyear. The This fee is payable quarterly in arrears, commencing due on April 1, 2018 and continuing on each July 1, October 1, January 1 2022, and April 1 thereafter through on the full and final repayment first day of each following fiscal quarter until the expiration of the Loan and the termination of the Commitmentavailability period.
Appears in 1 contract
Sources: Credit Agreement (Tejon Ranch Co)
Unused Commitment Fee. Borrower agrees to The Borrowers shall pay a quarterly fee on any difference between the Facility No. 1 Commitment and the amount of credit it actually usesuses under Facility No. 1, which determined by the actual daily amount of credit outstanding during the specified period. The fee will be calculated daily at two-tenths of one percent (0.20equal to such difference multiplied by a percentage equal to 0.15%) per year based . This fee is due on the daily unused Commitmentfirst day of each calendar quarter, with respect to the immediately preceding calendar quarter, and on the Facility No. The fee is payable quarterly in arrears, commencing 1 Expiration Date with respect to the period ending on April 1, 2018 and continuing on each July 1, October 1, January 1 and April 1 thereafter through the full and final repayment of the Loan and the termination of the Commitmentthat date.β
Appears in 1 contract
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Commitment and the amount of credit it actually uses, which determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated daily at two-tenths of one percent (0.20%) 0.35% per year based on the daily unused Commitmentyear. The calculation of credit outstanding shall include the undrawn amount of letters of credit. This fee is payable shall be paid quarterly in arrears, commencing on April 1, 2018 and continuing on each July 1, October 1, January 1 and April 1 thereafter through the full and final repayment of the Loan and the termination of the Commitment.
Appears in 1 contract
Sources: Business Loan Agreement (TRM Corp)
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Commitment and the amount of credit it actually uses, which determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated daily at two-tenths of one percent (0.20%) 0.375% per year based year. This fee is due on October 21, 2004, and on the daily unused Commitment. The fee is payable quarterly in arrears, commencing on April 1, 2018 and continuing on same day of each July 1, October 1, January 1 and April 1 thereafter through following quarter until the full and final repayment expiration of the Loan and the termination of the Commitmentavailability period.
Appears in 1 contract
Sources: Loan Agreement (Thomas Group Inc)
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Commitment and the amount of credit it actually uses, which determined by the daily amount of credit outstanding during the specified period. The fee will be calculated daily at two-tenths of one percent (0.20%) 0.25% per year based year. This fee is due on December 31, 2021, and on the daily unused Commitment. The fee is payable quarterly in arrears, commencing on April 1, 2018 and continuing on last day of each July 1, October 1, January 1 and April 1 thereafter through following quarter until the full and final repayment expiration of the Loan and the termination of the Commitmentavailability period.
Appears in 1 contract
Sources: Loan Agreement (Zynex Inc)
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Commitment and the amount of credit it actually uses, which determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated daily at two-tenths of one percent (0.20%) 0.15% per year based year. This fee is due on March 31, 2005, and on the daily unused Commitment. The fee is payable quarterly in arrears, commencing on April 1, 2018 and continuing on same day of each July 1, October 1, January 1 and April 1 thereafter through following quarter until the full and final repayment expiration of the Loan and the termination of the Commitmentavailability period.
Appears in 1 contract
Sources: Loan Agreement (Decorize Inc)
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Commitment and the amount of credit it actually uses, which determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated daily at two-tenths 0.25% per year. The calculation of one percent (0.20%) per year based credit outstanding shall include the undrawn amount of letters of credit. This fee is due on December 31, 2007, and on the daily unused Commitment. The fee is payable quarterly in arrears, commencing on April 1, 2018 and continuing on same day of each July 1, October 1, January 1 and April 1 thereafter through following quarter until the full and final repayment expiration of the Loan and the termination of the Commitmentavailability period.
Appears in 1 contract
Sources: Loan Agreement (Newport Corp)
Unused Commitment Fee. Borrower agrees The Borrowers agree to pay a fee on any difference between the Facility No. 1 Commitment and the amount of credit it they actually usesuse, which determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated daily at two-tenths of one percent (0.20%) 0.375% per year based year. This fee is due on March 31, 2006, and on the daily unused Commitment. The fee is payable quarterly in arrears, commencing on April 1, 2018 and continuing on same day of each July 1, October 1, January 1 and April 1 thereafter through following quarter until the full and final repayment expiration of the Loan and the termination of the Commitmentavailability period.
Appears in 1 contract
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Commitment and the amount of credit it actually uses, which determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated daily at two-tenths 0.25% per year. For purposes of one percent (0.20%) per year based this paragraph, the calculation of credit outstanding shall include the issued and undrawn amount of letters of credit. This fee is due in arrears on March 31, 2003, on the daily unused Commitmentlast day of each subsequent calendar quarter through December 31, 2005, and on the Facility No. The fee is payable quarterly in arrears, commencing on April 1, 2018 and continuing on each July 1, October 1, January 1 and April 1 thereafter through the full and final repayment of the Loan and the termination of the CommitmentExpiration Date.
Appears in 1 contract
Sources: Business Loan Agreement (Charlotte Russe Holding Inc)
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 2 Commitment and the amount of credit it actually uses, which determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated daily at two-tenths of one percent (0.20%) 0.25% per year based on the daily unused Commitmentyear. The This fee is payable quarterly shall be paid in arrears, arrears commencing on April January 1, 2018 2006 and continuing on each July 1, October 1, January 1 and April 1 quarterly thereafter through until the full and final repayment expiration of the Loan and the termination of the Commitmentavailability period.
Appears in 1 contract
Sources: Business Loan Agreement (Excelligence Learning Corp)
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Commitment and the amount of credit it actually uses, which determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated daily at two-tenths of one percent (0.20%) 0.375% per year based year. This fee is due on May 31, 2009, and on the daily unused Commitment. The fee is payable quarterly in arrears, commencing on April 1, 2018 and continuing on last day of each July 1, October 1, January 1 and April 1 thereafter through following quarter until the full and final repayment expiration of the Loan and the termination of the Commitmentavailability period.
Appears in 1 contract
Unused Commitment Fee. Borrower agrees The Borrowers agree to pay a fee on any difference between the Facility No. 1 Commitment and the amount of credit it they actually usesuse, which determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated daily at two-tenths of one percent (0.20%) 0.25% per year based on the daily unused Commitmentyear. The calculation of credit outstanding shall include the undrawn amount of letters of credit. This fee is payable quarterly in arrears, commencing due on April 1, 2018 2004, and continuing on the same day of each July 1, October 1, January 1 and April 1 thereafter through following quarter until the full and final repayment expiration of the Loan and the termination of the Commitmentavailability period.
Appears in 1 contract
Unused Commitment Fee. The Borrower agrees to pay a quarterly fee on any difference between the Facility No. 1 Commitment and the amount of credit it actually usesuses under Facility No. 1, which determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated daily at two-tenths of one percent (equal to such difference multiplied by 0.20%) per year based on the daily unused Commitment. The This fee is payable quarterly in arrears, commencing due on April 1, 2018 and continuing on each July 1, October 1, January 2013, and on the first day of each following calendar quarter, with respect to the immediately preceding calendar quarter, and on the Facility No. 1 and April 1 thereafter through Expiration Date with respect to the full and final repayment of the Loan and the termination of the Commitmentperiod ending on that date.
Appears in 1 contract
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Commitment and the amount of credit it actually uses, which determined by the daily amount of credit outstanding during the specified period. The fee will be calculated daily at two-tenths of one percent (0.20%) 0.25% per year based on the daily unused Commitmentyear. The This fee is payable quarterly in arrears, commencing due on April 1, 2018 and continuing on each July 1, October 12021, January 1 and April 1 thereafter through on the full and final repayment same day of each following month until the expiration of the Loan and the termination of the Commitmentavailability period.
Appears in 1 contract
Sources: Loan Agreement (Graham Corp)
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Commitment and the amount of credit it actually uses, which determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated daily at twoone-tenths quarter of one percent (0.200.25%) percent per year based year. This fee is due on the daily unused Commitment. The fee is payable quarterly in arrears, commencing on April 1, 2018 and continuing on each July 1, October 1, January 1 and April 1 thereafter through the full and final repayment day of the availability period.β
2.6 The following Subparagraph 3.1(h) is hereby added to the Loan and the termination of the Commitment.Agreement:
Appears in 1 contract
Sources: Loan Agreement (Key Technology Inc)
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Commitment and the amount of credit it actually uses, which determined by the daily amount of credit outstanding during each fiscal quarter. The fee will be calculated daily at two-tenths of one percent (0.20%) 0.25% per year based on the daily unused Commitment. The fee is year, and shall be payable quarterly in arrears, commencing arrears on April 1, 2018 and continuing on or around the first day of each July 1, October 1, January 1 and April 1 thereafter through the full and final repayment of the Loan and the termination of the Commitmentfiscal quarter.
Appears in 1 contract
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Commitment and the amount of credit it actually uses, which determined by the daily amount of credit outstanding during the specified period. The fee will be calculated daily at two-tenths of one percent (0.20%) % per year based year. This fee is due on September 30, 2011, and on the daily unused Commitment. The fee is payable quarterly in arrears, commencing on April 1, 2018 and continuing on last day of each July 1, October 1, January 1 and April 1 thereafter through following quarter until the full and final repayment expiration of the Loan and the termination of the Commitmentavailability period.
Appears in 1 contract
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the availability of the Facility No. 1 Commitment (as determined in accordance with Section 1.2 hereof) and the amount of credit it actually uses, which determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated daily at two-tenths of one percent (0.20%) 0.50% per year based on the daily unused Commitmentyear. The fee is payable quarterly in arrears, commencing due on April 1, 2018 and continuing on each July 1, October 12006 and on the first day of each October, January 1 January, April and April 1 July thereafter through until the full and final repayment expiration of the Loan and the termination of the Commitmentavailability period.
Appears in 1 contract
Unused Commitment Fee. Borrower agrees The Borrowers agree to pay a fee on any difference between the Facility No. 1 Commitment and the amount of credit it the Borrowers actually usesuse, which determined by the weighted average loan balance maintained during the specified period. The fee will be calculated daily at two-tenths of one percent (0.20%) .10% per year based on the daily unused Commitmentyear. The This fee is payable due on June 30, 1995, and quarterly in arrears, commencing on April 1, 2018 and continuing on each July 1, October 1, January 1 and April 1 thereafter through until the full and final repayment expiration of the Loan and the termination of the Commitmentavailability period.
Appears in 1 contract
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Commitment and the amount of credit it actually uses, which determined by the daily amount of credit outstanding during the specified period. The fee will be calculated daily at two-tenths of one percent (0.20%) 0.25% per year based year. This fee is due on June 30, 2014, and on the daily unused Commitment. The fee is payable quarterly in arrears, commencing on April 1, 2018 and continuing on last day of each July 1, October 1, January 1 and April 1 thereafter through following quarter until the full and final repayment expiration of the Loan and the termination of the Commitmentavailability period.
Appears in 1 contract
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Commitment and the amount of credit it actually uses, which determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated daily at two-tenths 0.125% per year. The calculation of one percent (0.20%) per year based credit outstanding shall include the undrawn amount of letters of credit. This fee is due on June 30, 2008, payable on the daily unused Commitment. The fee is payable quarterly in arrears, commencing on April 1, 2018 and continuing on each July 1, October 1, January 1 and April 1 thereafter through the full and final repayment 10th day of the Loan following month, and on the termination same day of each following quarter until the expiration of the Commitmentavailability period.
Appears in 1 contract
Sources: Loan Agreement (Cohu Inc)
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No.1 Commitment and the amount of credit it actually uses, which determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated daily at two-tenths of one percent (0.20%) .375% per year based on the daily unused Commitmentyear. The This fee is payable quarterly in arrears, commencing due on April 1, 2018 and continuing on each July 1, October 1, January 1 2009, and April 1 thereafter through on the full and final repayment same day of each following quarter in arrears until the expiration of the Loan and the termination of the Commitmentavailability period.
Appears in 1 contract
Sources: Loan Agreement (Connecticut Water Service Inc / Ct)
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility Commitment and the amount of credit it actually uses, which determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated daily at two-tenths of one percent (0.20%) 0.25% per year based on the daily unused Commitmentyear. The calculation of credit outstanding shall include the undrawn amount of letters of credit. This fee is payable quarterly due in arrears, commencing arrears on April 1, 2018 2006, and continuing on the same day of each July 1, October 1, January 1 and April 1 thereafter through following quarter in arrears until the full and final repayment expiration of the Loan and the termination of the Commitmentavailability period.
Appears in 1 contract
Sources: Loan Agreement (Point 360)
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Commitment and the amount of credit it actually uses, which determined by the daily amount of credit outstanding during the specified period. The fee will be calculated daily at two-tenths of one percent (0.20%) per year based the Applicable Rate. This fee is due on the daily unused Commitment. The fee is payable quarterly in arrears, commencing on April 1, 2018 and continuing on last day of each July 1, October 1, January 1 and April 1 thereafter through calendar quarter until the full and final repayment expiration of the Loan and the termination of the Commitmentavailability period.
Appears in 1 contract
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Commitment and the amount of credit it actually uses, which determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated daily at two-tenths the Applicable Margin (as defined in paragraph number 1.6 above). The calculation of one percent (0.20%) per year based credit outstanding shall not include the undrawn amount of letters of credit. This fee is due on December 31, 2004, and on the daily unused Commitment. The fee is payable quarterly in arrears, commencing on April 1, 2018 and continuing on same day of each July 1, October 1, January 1 and April 1 thereafter through following quarter until the full and final repayment expiration of the Loan and the termination of the Commitmentavailability period.
Appears in 1 contract
Sources: Loan Agreement (Annas Linen Co)
Unused Commitment Fee. Borrower agrees The Borrowers agree to pay a fee on any difference between the Facility No. 1 Commitment and the amount of credit it they actually usesuse, which determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated daily in arrears at two-tenths 0.15% per year. The calculation of one percent (0.20%) per year based credit outstanding shall include the undrawn amount of letters of credit. This fee is due on June 30, 2009, and on the daily unused Commitment. The fee is payable quarterly in arrears, commencing on April 1, 2018 and continuing on last day of each July 1, October 1, January 1 and April 1 thereafter through following quarter until the full and final repayment expiration of the Loan and the termination of the Commitmentavailability period.
Appears in 1 contract
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Commitment and the amount of credit it actually uses, which determined by the daily amount of credit outstanding during the specified period. The fee will be calculated daily at two-tenths of one percent (0.20%) 0.175% per year based year. This fee is due on September 30, 2013, and on the daily unused Commitment. The fee is payable quarterly in arrears, commencing on April 1, 2018 and continuing on last day of each July 1, October 1, January 1 and April 1 thereafter through following quarter until the full and final repayment expiration of the Loan and the termination of the Commitmentavailability period.
Appears in 1 contract
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Commitment and the Facility No. 4 Commitment and the amount of credit it actually usesuses under such facilities, which determined by the weighted average credit outstanding during the specified period at the Unused Commitment Fee Rate as in effect from time to time. This fee will shall be calculated daily at two-tenths payable on June 30, 2002, and the last day of one percent (0.20%) per year based each calendar quarter and on the daily unused Commitment. The fee is payable quarterly in arrears, commencing on April 1, 2018 and continuing on each July 1, October 1, January 1 and April 1 thereafter through the full and final repayment of the Loan and the termination of the CommitmentRevolving Line Expiration Date.
Appears in 1 contract
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility Commitment and the amount of credit it actually uses, which determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated daily at two-tenths 0.25% per year. The calculation of one percent (0.20%) per year based credit outstanding shall include the undrawn amount of letters of credit. This fee is due in arrears on September 1, 2007, and on the daily unused Commitment. The fee is payable quarterly same day of each following quarter in arrears, commencing on April 1, 2018 and continuing on each July 1, October 1, January 1 and April 1 thereafter through arrears until the full and final repayment expiration of the Loan and the termination of the Commitmentavailability period.
Appears in 1 contract
Sources: Loan Agreement (Point 360)
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Commitment and the amount of credit it actually uses, which determined by the daily amount of credit outstanding during the specified period. The fee will be calculated daily at twoone-tenths half of one percent (0.200.50%) per year based year. This fee is due on May 31, 2014, and on the daily unused Commitment. The fee is payable quarterly in arrears, commencing on April 1, 2018 and continuing on last day of each July 1, October 1, January 1 and April 1 thereafter through following quarter until the full and final repayment expiration of the Loan and the termination of the Commitmentavailability period.
Appears in 1 contract
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Commitment and the amount of credit it actually uses, which determined by the daily amount of credit outstanding during the specified period. The fee will be calculated daily at two-tenths of one percent (0.20%) 0.25% per year based year. This fee is due on May 31, 2020, and on the daily unused Commitment. The fee is payable quarterly in arrears, commencing on April 1, 2018 and continuing on last day of each July 1, October 1, January 1 and April 1 thereafter through following quarter until the full and final repayment expiration of the Loan and the termination of the Commitmentavailability period.
Appears in 1 contract
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility 1 Commitment and the amount of credit it actually uses, which determined by the weighted average loan balance maintained during the specified period. The fee will be calculated daily at two-tenths of one percent (0.20%) .10% per year based year. This fee is due on January 1, 1997, and on the daily unused Commitment. The fee is payable quarterly in arrears, commencing on April 1, 2018 and continuing on first day of each July 1, October 1, January 1 and April 1 thereafter through following quarter until the full and final repayment expiration of the Loan and the termination of the Commitmentavailability period.
Appears in 1 contract
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Commitment and the amount of credit it actually uses, which determined by the daily amount of credit outstanding during the specified period. The fee will be calculated daily at two-tenths of one percent (0.20%) 0.15% per year based year. This fee is due on December 30, 2016 and on the daily unused Commitment. The fee is payable quarterly in arrears, commencing on April 1, 2018 and continuing on same day of each July 1, October 1, January 1 and April 1 thereafter through following quarter until the full and final repayment expiration of the Loan and the termination of the Commitmentavailability period.
Appears in 1 contract
Sources: Loan Agreement (Daktronics Inc /Sd/)
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Commitment and the amount of credit it actually uses, which determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated daily at two-tenths 0.125% per year. The calculation of one percent (0.20%) per year based credit outstanding shall not include the undrawn amount of letters of credit. This fee is due on June 30, 2004, payable on the daily unused Commitment. The fee is payable quarterly in arrears, commencing on April 1, 2018 and continuing on each July 1, October 1, January 1 and April 1 thereafter through the full and final repayment 10th day of the Loan following month, and on the termination same day of each following quarter until the expiration of the Commitmentavailability period.
Appears in 1 contract
Sources: Loan Agreement (Cohu Inc)
Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Commitment and the amount of credit it actually uses, which determined by the daily amount of credit outstanding during the specified period. The fee will be calculated daily at two-tenths of one percent (0.20%) 0.2% per year based on the daily unused Commitmentyear. The This fee is payable quarterly in arrears, commencing due on April 1, 2018 2022, and continuing on the same day of each July 1, October 1, January 1 and April 1 thereafter through following quarter until the full and final repayment expiration of the Loan and the termination of the Commitmentavailability period.
Appears in 1 contract