Common use of Unused Commitment Fee Clause in Contracts

Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount and the amount of credit it actually uses, determined by the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.125% per year. This fee is due on July 1, 2010, and on the first day of each following quarter until the expiration of the availability period.

Appears in 2 contracts

Samples: Loan Agreement (K Swiss Inc), Loan Agreement (K Swiss Inc)

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Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.125% per yearthe Applicable Rate according to Section 1.6 hereof. The calculation of 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 July 1, 2010, and on the first day of each following calendar quarter until the expiration of the availability period.

Appears in 2 contracts

Samples: 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 Available Amount Commitment and the amount of credit it actually uses, determined by the daily amount of credit outstanding during the specified period. , The fee will be calculated at 0.1250.75% per year. This fee is due on July August 1, 20102013, and on the first same day of each following quarter until the expiration of the availability period.,

Appears in 1 contract

Samples: Loan Agreement (Mimedx Group, Inc.)

Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the daily amount of credit outstanding during the specified periodeach fiscal quarter. The fee will be calculated at 0.1250.25% per year. This fee is due on July 1, 2010, and shall be payable quarterly in arrears on or around the first day of each following quarter until the expiration of the availability periodfiscal quarter.

Appears in 1 contract

Samples: Loan Agreement (Lapolla Industries Inc)

Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.1250.20% per year. This fee is due on July 1September 30, 20102011, and on the first last day of each following quarter until the expiration of the availability period.

Appears in 1 contract

Samples: Loan Agreement (American Shared Hospital Services)

Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.1250.25% per year. This fee is due on July 1May 31, 20102020, and on the first last day of each following quarter until the expiration of the availability period.

Appears in 1 contract

Samples: Loan Agreement (Software Acquisition Group Inc.)

Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.125% per year. This fee is due on July 1September 26, 20102006, and on the first same day of each following quarter until the expiration of the availability period.

Appears in 1 contract

Samples: Loan Agreement (Citi Trends Inc)

Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Revolving Credit Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.1250.25% per year. This fee is due on July 1December 31, 20102015, and on the first last day of each following quarter and on the Revolving Facility Expiration Date until the expiration of the availability periodAvailability Period.

Appears in 1 contract

Samples: Loan Agreement (Versar Inc)

Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the daily amount of credit outstanding weighted average loan balance maintained during the specified period. The fee will be calculated at 0.125.10% per year. This fee is due on July January 1, 20101997, and on the first day of each following quarter until the expiration of the availability period.

Appears in 1 contract

Samples: Loan Agreement (Il Fornaio America Corp)

Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.125% per year. The calculation of credit outstanding shall include the undrawn amount of letters of credit. This fee is due on July 1June 30, 20102008, payable on the 10th day of the following month, and on the first same day of each following quarter until the expiration of the availability period.

Appears in 1 contract

Samples: Loan Agreement (Cohu Inc)

Unused Commitment Fee. The Borrower agrees Borrowers agree to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it they actually usesuse, determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated in arrears at 0.1250.15% per year. The calculation of credit outstanding shall include the undrawn amount of letters of credit. This fee is due on July 1June 30, 20102009, and on the first last day of each following quarter until the expiration of the availability period.

Appears in 1 contract

Samples: Loan Agreement (California Water Service Group)

Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.1250.5% per year. This fee is due on July 1March 31, 2010, and on the first same day of each following quarter until the expiration of the availability period.

Appears in 1 contract

Samples: Loan Agreement (California First National Bancorp)

Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.1250.25% per year. The calculation of credit outstanding shall include the undrawn amount of letters of credit. This fee is due in arrears on July April 1, 20102006, and on the first same day of each following quarter in arrears until the expiration of the availability period.

Appears in 1 contract

Samples: Standard Loan Agreement (Point 360)

Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.1250.25% per year. This The fee is due on July 1March 31, 20102003, and on the first last day of each following quarter thereafter until the expiration of the availability period.

Appears in 1 contract

Samples: Business Loan Agreement (Motorcar Parts & Accessories Inc)

Unused Commitment Fee. The Borrower agrees Borrowers agree to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it they actually usesuse, determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.1250.375% per year. This fee is due on July 1March 31, 20102006, and on the first same day of each following quarter until the expiration of the availability period.

Appears in 1 contract

Samples: Loan Agreement (California First National Bancorp)

Unused Commitment Fee. The Borrower agrees to pay a quarterly fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually usesuses under Facility No. 1, determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.125% per yearequal to such difference multiplied by 0.20%. This fee is due on July October 1, 20102013, and on the first day of each following quarter until calendar quarter, with respect to the expiration of immediately preceding calendar quarter, and on the availability periodFacility No. 1 Expiration Date with respect to the period ending on that date.

Appears in 1 contract

Samples: Loan Agreement (Hooker Furniture Corp)

Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.1250.25% per year. This fee is due on July 1, 20102021, and on the first same day of each following quarter month until the expiration of the availability period.

Appears in 1 contract

Samples: Loan Agreement (Graham Corp)

Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. , 1 Available Amount Commitment and the amount of credit it the Borrower actually uses, determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.125% the rate per yearyear equal to the Applicable Margin, as defined above. This fee is due For purposes of calculating the fee, the calculation of credit outstanding shall include the undrawn amount of outstanding letters of credit and any amounts then drawn on July 1, 2010, and on the first day any letters of each following quarter until the expiration of the availability periodcredit but not yet reimbursed.

Appears in 1 contract

Samples: Loan Agreement and Waiver (Jamba, Inc.)

Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the availability of the Facility No. 1 Available Amount Commitment (as determined in accordance with Section 1.2 hereof) and the amount of credit it actually uses, determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.1250.50% per year. This The fee is due on July 1, 2010, 2006 and on the first day of each following quarter October, January, April and July thereafter until the expiration of the availability period.

Appears in 1 contract

Samples: Loan Agreement (Cumberland Pharmaceuticals Inc)

Unused Commitment Fee. The Borrower agrees Borrowers agree to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it they actually usesuse, determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.125.175% per year. This fee is due on July April 1, 20102009, and on the first same day of each following quarter until the expiration of the availability period.

Appears in 1 contract

Samples: Loan Agreement (Iaso Pharma Inc)

Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated in arrears at 0.1250.15% per year. The calculation of credit outstanding shall include the undrawn amount of letters of credit. This fee is due on July 1June 30, 20102009, and on the first last day of each following quarter until the expiration of the availability period.

Appears in 1 contract

Samples: Loan Agreement (California Water Service Group)

Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.1250.25% per year. The calculation of credit outstanding shall include the undrawn amount of letters of credit. This fee is due in arrears on July September 1, 20102007, and on the first same day of each following quarter in arrears until the expiration of the availability period.

Appears in 1 contract

Samples: Loan Agreement (Point 360)

Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.125% per year. The calculation of credit outstanding shall not include the undrawn amount of letters of credit and acceptances. This fee is due on July 1, 20102005, and on the first same day of each following quarter until the expiration of the availability period.

Appears in 1 contract

Samples: Loan Agreement (K Swiss Inc)

Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.125% per yearthe Applicable Margin (as defined in paragraph number 1.6 above). The calculation of credit outstanding shall not include the undrawn amount of letters of credit. This fee is due on July 1December 31, 20102004, and on the first same day of each following quarter until the expiration of the availability period.

Appears in 1 contract

Samples: Loan Agreement (Annas Linen Co)

Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.1250.25% per year. This fee is due on July 1December 31, 20102021, and on the first last day of each following quarter until the expiration of the availability period.

Appears in 1 contract

Samples: Loan Agreement (Zynex Inc)

Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.1250.35% per year. The calculation of credit outstanding shall include the undrawn amount of letters of credit. This fee is due on July 1, 2010, and on the first day of each following quarter until the expiration of the availability periodshall be paid quarterly in arrears.

Appears in 1 contract

Samples: Business Loan Agreement (TRM Corp)

Unused Commitment Fee. The Borrower agrees Borrowers agree to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it the Borrowers actually usesuse, determined by the daily amount of credit outstanding weighted average loan balance maintained during the specified period. The fee will be calculated at 0.125.10% per year. This fee is due on July 1June 30, 20101995, and on the first day of each following quarter quarterly thereafter until the expiration of the availability period.

Appears in 1 contract

Samples: Business Loan Agreement (Salick Health Care Inc)

Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.1250.25% per year. This fee is due on July 1June 30, 20102014, and on the first last day of each following quarter until the expiration of the availability period.

Appears in 1 contract

Samples: Loan Agreement (Nu Skin Enterprises Inc)

Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.1250.2% per year. This fee is due on July April 1, 20102022, and on the first same day of each following quarter until the expiration of the availability period.

Appears in 1 contract

Samples: Loan Agreement (Thorne Healthtech, Inc.)

Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated at one-eighth of one (0.125% %) percent per year. This fee is due on July 1, 2010, and on the first final day of each following quarter until the expiration of the availability period.

Appears in 1 contract

Samples: Loan Agreement (Key Technology Inc)

Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.1250.375% per year. This fee is due on July 1October 21, 20102004, and on the first same day of each following quarter until the expiration of the availability period.

Appears in 1 contract

Samples: Loan Agreement (Thomas Group Inc)

Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the daily amount of credit outstanding weighted average loan balance maintained during the specified period. The fee will be calculated at 0.1251/4% per year. This fee is due on July 1, 2010, 1998 and on the first 1st day of each following quarter quarter, until the expiration of the availability period.

Appears in 1 contract

Samples: Loan Agreement (Ventana Medical Systems Inc)

Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.125% the rate per yearyear 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 July November 1, 20102003, and on the first same day of each following calendar quarter until the expiration of the availability period.

Appears in 1 contract

Samples: Loan Agreement and Waiver (Jamba, Inc.)

Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.1250.15% per year. This fee is due on July 1, 2010, and on the first day of the second month following each following calendar quarter commencing on October 1, 2007 and continuing until the expiration of Expiration Date and on the availability periodExpiration Date.

Appears in 1 contract

Samples: Business Loan Agreement (Calavo Growers Inc)

Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount 2 Commitment and the amount of credit it actually uses, determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.1250.25% per year. This fee is due on July shall be paid in arrears commencing January 1, 2010, 2006 and on the first day of each following quarter continuing quarterly thereafter until the expiration of the availability period.

Appears in 1 contract

Samples: Business Loan Agreement (Excelligence Learning Corp)

Unused Commitment Fee. The Borrower agrees to pay a fee on any --------------------- difference between the Facility No. 1 Available Amount Commitment and the Facility No. 3 Commitment and the amount of credit it actually usesuses under such facilities, determined by the daily amount of weighted average credit outstanding during the specified periodperiod at the Unused Commitment Fee Rate as in effect from time to time. The fee will shall be calculated at 0.125% per year. This fee is due payable on July 1May 31, 2010, 2001 and on the first last day of each following quarter until the expiration date of the availability periodapplicable facility.

Appears in 1 contract

Samples: Business Loan Agreement (Impco Technologies Inc)

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Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.1250.25% per year. This fee is due on July 1December 31, 20102004, and on the first same day of each following quarter until the expiration of the availability period.

Appears in 1 contract

Samples: Loan Agreement (Pope Resources LTD Partnership)

Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.1250.20% per year. This fee is due on July April 1, 20102008, and on the first day of each following quarter until the expiration of the availability period.

Appears in 1 contract

Samples: Loan Agreement (Redhook Ale Brewery Inc)

Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the Facility No. 4 Commitment and the amount of credit it actually usesuses under such facilities, determined by the daily amount of weighted average credit outstanding during the specified period. The fee will be calculated period at 0.125% per yearthe Unused Commitment Fee Rate as in effect from time to time. This fee is due shall be payable on July 1June 30, 20102002, and the last day of each calendar quarter and on the first day of each following quarter until the expiration of the availability periodRevolving Line Expiration Date.

Appears in 1 contract

Samples: Business Loan Agreement (Impco Technologies Inc)

Unused Commitment Fee. The Borrower agrees to Borrowers shall pay a quarterly fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually usesuses under Facility No. 1, determined by the actual daily amount of credit outstanding during the specified period. The fee will be calculated at 0.125% per yearequal to such difference multiplied by a percentage equal to 0.15%. This fee is due on July 1, 2010, and on the first day of each following quarter until calendar quarter, with respect to the expiration of immediately preceding calendar quarter, and on the availability periodFacility No. 1 Expiration Date with respect to the period ending on that date.”

Appears in 1 contract

Samples: Loan Agreement (Hooker Furniture Corp)

Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount No.1 Commitment and the amount of credit it actually uses, determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.12537.5% per year. This fee is due on July October 1, 20102009, and on the first same day of each following quarter in arrears until the expiration of the availability period.

Appears in 1 contract

Samples: Loan Agreement (Connecticut Water Service Inc / Ct)

Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.125% per year. The calculation of credit outstanding shall not include the undrawn amount of letters of credit. This fee is due on July 1June 30, 20102004, payable on the 10th day of the following month, and on the first same day of each following quarter until the expiration of the availability period.

Appears in 1 contract

Samples: Loan Agreement (Cohu Inc)

Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.1250.375% per year. This fee is due on July 1May 31, 20102009, and on the first last day of each following quarter until the expiration of the availability period.

Appears in 1 contract

Samples: Loan Agreement (Schmitt Industries Inc)

Unused Commitment Fee. The Borrower agrees Borrowers agree to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it they actually usesuse, determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.1250.25% per year. The calculation of credit outstanding shall include the undrawn amount of letters of credit. This fee is due on July April 1, 20102004, and on the first same day of each following quarter until the expiration of the availability period.

Appears in 1 contract

Samples: Loan Agreement (Resources Connection Inc)

Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount No.1 Commitment and the amount of credit it actually uses, determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.125.375% per year. This fee is due on July October 1, 20102009, and on the first same day of each following quarter in arrears until the expiration of the availability period.

Appears in 1 contract

Samples: Loan Agreement (Connecticut Water Service Inc / Ct)

Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.1250.15% per year. This fee is due on July 1December 30, 2010, 2016 and on the first same day of each following quarter until the expiration of the availability period.

Appears in 1 contract

Samples: Loan Agreement (Daktronics Inc /Sd/)

Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.125% per yearthe Applicable Rate. This fee is due on July 1, 2010, and on the first last day of each following calendar quarter until the expiration of the availability period.

Appears in 1 contract

Samples: Sixth Loan Modification Agreement (Key Technology Inc)

Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.1250.15% per year. This fee is due on July 1March 31, 20102005, and on the first same day of each following quarter until the expiration of the availability period.

Appears in 1 contract

Samples: Loan Agreement (Decorize Inc)

Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.125% one-half of one percent (0.50%) per year. This fee is due on July 1May 31, 20102014, and on the first last day of each following quarter until the expiration of the availability period.

Appears in 1 contract

Samples: First Amended And (Schmitt Industries Inc)

Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.125% per yearthe Applicable Rate. This fee is due quarterly in arrears commencing on July 1September 30, 20102013, and continuing on the first last day of each following quarter until the expiration of the availability periodperiod hereunder.

Appears in 1 contract

Samples: Credit Loan Agreement (Breeze-Eastern Corp)

Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.1250.25% per year. The calculation of credit outstanding shall include the undrawn amount of letters of credit. This fee is due on July 1December 31, 20102007, and on the first same day of each following quarter until the expiration of the availability period.

Appears in 1 contract

Samples: Loan Agreement (Newport Corp)

Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.125% one-quarter of one (0.25%) percent per year. This fee is due on July 1, 2010, and on the first final day of each following quarter until the expiration of the availability period.”

Appears in 1 contract

Samples: Loan Agreement (Key Technology Inc)

Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.1250.25% per year. For purposes of 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 July 1March 31, 20102003, on the last day of each subsequent calendar quarter through December 31, 2005, and on the first day of each following quarter until the expiration of the availability periodFacility No. 1 Expiration Date.

Appears in 1 contract

Samples: Business Loan Agreement (Charlotte Russe Holding Inc)

Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.1250.175% per year. This fee is due on July 1September 30, 20102013, and on the first last day of each following quarter until the expiration of the availability period.

Appears in 1 contract

Samples: Loan Agreement (Nu Skin Enterprises Inc)

Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.1250.50% per year. The calculation of credit outstanding shall include the undrawn amount of letters of credit. This fee is due in arrears on July September 1, 20102009, and on the first same day of each following quarter in arrears until the expiration of the availability period.

Appears in 1 contract

Samples: Standard Loan Agreement (Point.360)

Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the availability of the Facility No. 1 Available Amount Commitment (as determined in accordance with Section 1.2 hereof) and the amount of credit it actually uses, determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.1250.50% per year. This The fee is due and payable on July April 1, 2010, 2009 and on the first day of each following quarter July, October, January and April thereafter until the expiration of the availability period.

Appears in 1 contract

Samples: Loan Agreement (Cumberland Pharmaceuticals Inc)

Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the average of the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.1250.2% per yearyear and paid quarterly, in arrears. This fee is due on July 1September 30, 20102007, and on the first same day of each following quarter until the expiration of the availability period.

Appears in 1 contract

Samples: Sequa Corp /De/

Unused Commitment Fee. The Borrower agrees to pay a fee on any difference between the Facility No. , 1 Available Amount Commitment and the amount of credit it actually uses, determined by the daily amount of credit outstanding during the specified period. The fee will be calculated at 0.1250.5% per year. This fee is due on July 1December 16, 2010, and on the first same day of each following quarter until the expiration of the availability period.

Appears in 1 contract

Samples: Loan Agreement (Vertex Energy Inc.)

Unused Commitment Fee. The Borrower agrees Borrowers agree to pay a fee on any difference between the Facility No. 1 Available Amount Commitment and the amount of credit it actually uses, determined by the average of the daily amount of credit outstanding during the specified period. , The fee will be calculated at 0.1250.375% per year. This fee The calculation of credit outstanding shall Include the undrawn amount of letters of credit. Of this fee, 0.09376% is due on July 1April SO, 2010, and on the first day of each following quarter subsequent July 31, October 31, January 31 and April 30 until the expiration of the availability period."

Appears in 1 contract

Samples: Loan Documents (WPCS International Inc)

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