Common use of Unused Fee Clause in Contracts

Unused Fee. An unused line fee of one-quarter of one percent (0.25%) per annum of the daily average of the Maximum Revolver Amount reduced by outstanding Revolver Usage and the amount of minimum Excess Availability required pursuant to Section 8.2 (the “Unused Line Fee”), from the date of this Agreement to and including the Termination Date, which unused line fee shall be payable monthly in arrears on the first day of each month and on the Termination Date.

Appears in 2 contracts

Samples: Credit and Security Agreement (COUPONS.com Inc), Credit and Security Agreement (COUPONS.com Inc)

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Unused Fee. An unused line fee of one-quarter one half of one percent (0.25.50%) per annum of the daily average of the Maximum Revolver Amount reduced by outstanding Revolver Usage and the amount of minimum Excess Availability required pursuant to Section 8.2 Advances (the “Unused Line FeeAmount”), from the date of this Agreement to and including the Termination Date, which unused line fee shall be payable monthly in arrears on the first day of each month and on the Termination Date.

Appears in 2 contracts

Samples: Credit and Security Agreement (Integrated Electrical Services Inc), Credit and Security Agreement (Integrated Electrical Services Inc)

Unused Fee. An unused line fee of one-quarter of one percent (0.25%) per annum of the daily average of the Maximum Revolver Amount reduced by outstanding Revolver Usage and the amount of minimum Excess Availability required pursuant to Section 8.2 Advances (the “Unused Line FeeAmount”), from the date of this Agreement to and including the Termination Date, which unused line fee shall be payable monthly in arrears on the first day of each month and on the Termination Date.

Appears in 2 contracts

Samples: Credit and Security Agreement (IES Holdings, Inc.), Credit and Security Agreement (IES Holdings, Inc.)

Unused Fee. An unused line fee of one-quarter half of one percent (0.25.5%) per annum of the daily average of the Maximum Revolver Amount (as the same may have increased pursuant to the terms of this Agreement) reduced by outstanding Revolver Advances and Letter of Credit Usage and the amount of minimum Excess Availability required pursuant to Section 8.2 (the “Unused Line FeeAmount”), from the date of this Agreement to and including the Termination Date, which unused line fee shall be payable monthly in arrears on the first day of each month and on the Termination Date.

Appears in 1 contract

Samples: Credit and Security Agreement (SAExploration Holdings, Inc.)

Unused Fee. An unused line fee of one-one quarter of one percent (0.25%) per annum of the daily average of the Maximum Revolver Amount reduced by outstanding Revolver Advances and Letter of Credit Usage and the amount of minimum Excess Availability required pursuant to Section 8.2 Reserve (the “Unused Line FeeAmount”), from the date of this Agreement to and including the Termination Date, which unused line fee shall be payable monthly in arrears on the first day of each month and on the Termination Date.. (b)

Appears in 1 contract

Samples: Credit and Security Agreement (Orion Energy Systems, Inc.)

Unused Fee. An unused line fee of onethree-quarter tenths of one percent (0.250.30%) per annum of the daily average of the Maximum Revolver Amount reduced by outstanding Revolver Advances and Letter of Credit Usage and the amount of minimum Excess Availability required pursuant to Section 8.2 (the “Unused Line FeeAmount”), from the date of this Agreement to and including the Termination Date, which unused line fee shall be payable monthly in arrears on the first day of each month and on the Termination Date.

Appears in 1 contract

Samples: Credit and Security Agreement (Startek Inc)

Unused Fee. An unused line fee of onethree-quarter eighths of one percent (0.25.375%) per annum of the daily average of the Maximum Revolver Amount reduced by outstanding Revolver Usage and the amount of minimum Excess Availability required pursuant to Section 8.2 Advances (the “Unused Line FeeAmount”), from the date of this Agreement to and including the Termination Date, which unused line fee shall be payable monthly in arrears on the first day of each month and on the Termination Date.

Appears in 1 contract

Samples: Credit and Security Agreement (Integrated Electrical Services, Inc.)

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Unused Fee. An unused line fee of one-one quarter of one percent (0.25%) per annum of the daily average of the Maximum Revolver Amount reduced by outstanding Revolver Advances, Letter of Credit Usage and the amount of minimum Excess Availability Reserve (if any) and the minimum required pursuant to Excess Availability under Section 8.2 8.1 (the “Unused Line FeeAmount”), from the date of this Agreement to and including the Termination Date, which unused line fee shall be payable monthly in arrears on the first day of each month and on the Termination Date.

Appears in 1 contract

Samples: Credit and Security Agreement (Orion Energy Systems, Inc.)

Unused Fee. An unused line fee of one-quarter of one percent (0.25%) 0.50% per annum of the daily average of the Maximum Revolver Amount reduced by outstanding Revolver Usage Advances, Letter of Credit Usage, and the amount of minimum Excess Availability required pursuant to Section 8.2 Block Amount (the “Unused Line FeeAmount”), from the date of this Agreement to and including the Termination Date, which unused line fee shall be payable monthly in arrears on the first day of each month and on the Termination Date.. (b)

Appears in 1 contract

Samples: Credit and Security Agreement (Kitara Media Corp.)

Unused Fee. An unused line fee (the “Unused Fee”) of one-one quarter of one percent (0.25%) per annum of the daily average of the Maximum Revolver Amount reduced by outstanding Revolver Advances and Letter of Credit Usage and the amount of minimum Excess Availability required pursuant to Section 8.2 (the “Unused Line FeeAmount”), from the date of this Agreement to and including the Termination Date, which unused line fee shall be payable monthly in arrears on the first day of each month and on the Termination Date.. (b)

Appears in 1 contract

Samples: Credit and Security Agreement (Differential Brands Group Inc.)

Unused Fee. An unused line fee of one-quarter three eighths of one percent (0.250.375%) per annum of the daily average of the Maximum Revolver Amount reduced by outstanding Revolver Usage and the amount of minimum Excess Availability required pursuant to Section 8.2 (the “Unused Line Fee”)Usage, from the date of this Agreement to and including the Termination Date, which unused line fee shall be payable monthly in arrears on the first day of each month and on the Termination Date.. (c)

Appears in 1 contract

Samples: Credit and Security Agreement (Albany Molecular Research Inc)

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