Common use of Unused Commitment Fee Clause in Contracts

Unused Commitment Fee. Borrower shall pay to Bank an unused commitment fee in an amount equal to the product of (a) 0.50% multiplied by (b) the difference between (i) the Revolving Credit Commitment and (ii) the aggregate outstanding principal balance of all Revolving Loans. Such fee shall be computed on a daily basis and shall be payable quarterly in arrears as of the end of each of Borrower’s fiscal quarters. Bank shall invoice Borrower for such fees, which invoice shall be due and payable within fifteen (15) days after receipt.”

Unused Commitment Fee. Borrower shall pay to Bank an unused commitment fee in an amount equal to the product of (a) 0.50% the Applicable Fee Percentage as multiplied by (b) the difference between (i) the Revolving Credit Commitment and (ii) the aggregate outstanding principal balance of all Revolving Loans. Such fee shall be computed on a daily basis and shall be payable quarterly in arrears as of the end of each of Borrower’s fiscal quarters. Bank shall invoice Borrower for such fees, which invoice shall be due and payable within fifteen (15) days after receipt.”

Unused Commitment Fee. Borrower shall pay to Bank an unused commitment fee in an amount equal to the product of (a) 0.500.375% multiplied by (b) the difference between (i) the Revolving Credit Commitment and (ii) the aggregate outstanding principal balance of all Revolving Loans. Such fee shall be computed on a daily basis and shall be payable quarterly in arrears as of the end of each of Borrower’s fiscal quarters. Bank shall invoice Borrower for such fees, which invoice shall be due and payable within fifteen (15) days after receipt.”

Unused Commitment Fee. Borrower Borrowers shall pay to Bank an unused commitment fee in an amount equal to the product of (a) 0.50% one-eighth of one percent (.125%) per annum multiplied by (b) the difference between (i) the Maximum Loan Amount applicable to the Revolving Credit Commitment Loan Tranche and (ii) the aggregate outstanding principal balance of all the Revolving LoansNote. Such fee shall be computed on a daily basis and shall be payable quarterly in arrears as of the end of each of Borrower’s fiscal each calendar quarters. Bank shall invoice Borrower Borrowers for such fees, which invoice shall be due and payable within fifteen (15) days after receipt.”

Unused Commitment Fee. Borrower Borrowers shall pay to Bank an unused commitment fee in an amount equal to the product of (a) 0.50% one-eighth of one percent (.125%) per annum multiplied by (b) the difference between (i) the Revolving Credit Commitment Maximum Loan Amount and (ii) the aggregate outstanding principal balance of all Revolving Loansthe Loan. Such fee shall be computed on a daily basis and shall be payable quarterly in arrears as of the end of each of Borrower’s 's fiscal quarters. Bank shall invoice Borrower for such fees, which invoice shall be due and payable within fifteen (15) days after receipt.”

Unused Commitment Fee. Borrower shall pay to Bank an unused commitment fee in an amount equal to the product of (a) 0.500.25% multiplied by (b) the difference between (i) the Revolving Credit Commitment Maximum Amount and (ii) the aggregate outstanding principal balance of all Revolving LoansLoans and Letter of Credit Liabilities. Such fee shall be computed on a daily basis and shall be payable quarterly in arrears as of the end of each of Borrower’s 's fiscal quarters. Bank shall invoice Borrower for such fees, which invoice shall be due and payable within fifteen (15) days after receipt.”