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
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 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
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 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
Sources: 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 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
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
Sources: 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 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
Sources: Business Loan Agreement (TRM 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 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
Sources: 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 0.1250.25% 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
Sources: 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 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
Sources: 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 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
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
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
Sources: Loan Agreement (Jamba, Inc.)
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
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
Sources: 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
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 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
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
Sources: 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 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
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.β
Appears in 1 contract
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
Sources: Loan Agreement (Cohu Inc)