Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.375% per annum times the result of (i) the Maximum Revolver Amount, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,
Appears in 9 contracts
Samples: Loan and Guaranty Agreement (Collective Brands, Inc.), Loan and Security Agreement (Trust Created February 25 1986), Loan and Security Agreement (Evergreen Holdings Inc)
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.375% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,
Appears in 7 contracts
Samples: Loan and Security Agreement (LSB Industries Inc), Loan and Security Agreement (Cellstar Corp), Loan and Security Agreement (Metalico Inc)
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.375.375% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,
Appears in 4 contracts
Samples: Loan and Security Agreement (Special Devices Inc /De), Loan and Security Agreement (Harolds Stores Inc), Loan and Security Agreement (Peninsula Gaming Corp)
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.375% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,
Appears in 3 contracts
Samples: Loan Agreement (Arg Property Management Corp), Loan and Security Agreement (Communications & Power Industries Inc), Loan and Security Agreement (Cray Inc)
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.3750.50% per annum times the result of (i) the Maximum Revolver Amount, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,
Appears in 3 contracts
Samples: Loan and Security Agreement (Midway Games Inc), Loan and Security Agreement (Norstan Inc), Loan and Security Agreement (Midway Games Inc)
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.25% per annum times the result of (i) the Maximum Revolver Amount, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,
Appears in 3 contracts
Samples: Loan and Security Agreement (Overstock Com Inc), Loan and Guaranty Agreement (Payless Shoesource Inc /De/), Loan and Security Agreement (Overstock Com Inc)
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3751/2% per annum times the result of (i) the Maximum Revolver Amount, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,
Appears in 3 contracts
Samples: Loan and Security Agreement (Swank, Inc.), Loan and Security Agreement (Swank, Inc.), Loan and Security Agreement (Swank, Inc.)
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.3750.5% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,
Appears in 3 contracts
Samples: Loan and Security Agreement (Telos Corp), Loan and Security Agreement (Telos Corp), Loan and Security Agreement (Telos Corp)
Unused Line Fee. On the first day of each month fiscal quarter during the term of this Agreement, an unused line fee in an amount equal to 0.3750.75% per annum times the result of (i) the Maximum Revolver Amount, less (ii) the sum of (A) the average Daily Balance of Advances Revolving Loans that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,, (such sum being the “Average Utilization”);
Appears in 3 contracts
Samples: Loan, Guaranty and Security Agreement (Gordmans Stores, Inc.), Loan, Guaranty and Security Agreement (Gordmans Stores, Inc.), Loan, Guaranty and Security Agreement (Gordmans Stores, Inc.)
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.50% per annum times the result of (i) the Maximum Revolver Amount, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,
Appears in 3 contracts
Samples: Loan and Security Agreement (Interdent Inc), Loan and Security Agreement (Lazy Days R.V. Center, Inc.), Loan and Security Agreement (eTelecare Global Solutions, Inc.)
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.3750.50% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,
Appears in 2 contracts
Samples: Loan and Security Agreement (Climachem Inc), Loan and Security Agreement (Cellstar Corp)
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.25% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,
Appears in 2 contracts
Samples: Loan and Security Agreement (Leapfrog Enterprises Inc), Loan and Security Agreement (Factory Card Outlet Corp)
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.50% per annum times the result of (a) (i) the Maximum Revolver AmountAmount minus (ii) the Syndication Reserve, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,
Appears in 2 contracts
Samples: Loan and Security Agreement (Acme Television LLC), Loan and Security Agreement (Acme Communications Inc)
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.3750.25% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,
Appears in 2 contracts
Samples: Loan and Security Agreement (LSB Industries Inc), Loan and Security Agreement (LSB Industries Inc)
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.375% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance daily balance of the Letter of Credit Usage during the immediately preceding month,
Appears in 2 contracts
Samples: Loan and Security Agreement (Silicon Graphics Inc /Ca/), Loan and Security Agreement (Silicon Graphics Inc /Ca/)
Unused Line Fee. On the first day of each month calendar quarter during the term of this Agreement, an unused line fee in an amount equal to 0.3750.50% per annum times the result of (i) the Maximum Revolver Amount, Amount less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding monthquarter, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding monthquarter,
Appears in 2 contracts
Samples: Loan and Security Agreement (Acme Communications Inc), Loan and Security Agreement (Acme Communications Inc)
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.30% per annum times the result of (i) the Maximum Revolver Amount, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,
Appears in 2 contracts
Samples: Guaranty and Security Agreement (Payless Shoesource Inc /De/), Loan and Security Agreement (Shoe Pavilion Inc)
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.375.50% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,
Appears in 2 contracts
Samples: Loan and Security Agreement (Hudson Highland Group Inc), Loan and Security Agreement (Hudson Highland Group Inc)
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.3750.25% per annum times the result of (i) the Maximum Revolver Amount, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,
Appears in 2 contracts
Samples: Loan Agreement (Source Interlink Companies Inc), Loan Agreement (Source Interlink Companies Inc)
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.30% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month, plus (iii) the average Daily Balance of IBMCC Obligations, plus (iv) the Availability Block,
Appears in 1 contract
Samples: Loan and Security Agreement (En Pointe Technologies Inc)
Unused Line Fee. On the first day of each month from and after the satisfaction of the Revolver Conditions and during the term of this Agreement, an unused line fee in an the amount equal to 0.3750.75% per annum times the result of (ia) the Maximum Revolver Amount, less LESS (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Term Loan outstanding during the immediately preceding month, and (iii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,
Appears in 1 contract
Samples: Loan and Security Agreement (Peregrine Systems Inc)
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.25% per annum times TIMES the result of (ia) the Maximum Revolver Amount, less LESS (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus PLUS (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,
Appears in 1 contract
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.375.375% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,
Appears in 1 contract
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.50% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,, plus (iii) the average Daily Balance of principal that was outstanding on the Term Loan during the immediately preceding month.
Appears in 1 contract
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.50% per annum times the result of (ia) the Maximum Revolver Amount, less (ii) the sum of (Ab) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,
Appears in 1 contract
Samples: Loan and Security Agreement (Interact Commerce Corp)
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.3750.5% per annum times the result of (i) the average daily Maximum Revolver AmountAmount for the immediately preceding month, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,
Appears in 1 contract
Samples: Loan and Security Agreement (Aegis Communications Group Inc)
Unused Line Fee. On the first day of each month during the term of this Agreement, payable in arrears, an unused line fee in an amount equal to 0.3750.50% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,
Appears in 1 contract
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.375% per annum times the result of (ia) the Maximum Revolver AmountCommitment, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,
Appears in 1 contract
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.5% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,;
Appears in 1 contract
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.3750.50% per annum times the result of (ia) the Maximum Revolver Amount, less (ii) the sum of (Ab) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,
Appears in 1 contract
Samples: Loan and Security Agreement (SCB Computer Technology Inc)
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.375..375% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,;
Appears in 1 contract
Samples: Loan and Security Agreement (Advanced Lighting Technologies Inc)
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.50% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,
Appears in 1 contract
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.3750.25% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,”
Appears in 1 contract
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.50% per annum times TIMES the result of (i) the Maximum Revolver Amount, less LESS (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus PLUS (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,
Appears in 1 contract
Samples: Loan and Security Agreement (Nabi Biopharmaceuticals)
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.375.375% per annum times the result of (ia) the then extant Maximum Subsidiary Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Subsidiary Borrower Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,, and
Appears in 1 contract
Samples: Loan Agreement (Futurelink Corp)
Unused Line Fee. On the first day of each month quarter during the term of this Agreement, an unused line fee in an the amount equal to 0.375% per annum the applicable Unused Fee Margin (in effect on such date) times the result of (i) the Maximum Revolver Amount, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding monthquarter, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,quarter.”
Appears in 1 contract
Samples: Loan and Security Agreement and Consent (Poster Financial Group Inc)
Unused Line Fee. On the first day of each month during the term of this Agreement, commencing from and after the date of the Initial Credit Extension, an unused line fee in an amount equal to 0.3750.50% per annum times the result of (i) the Maximum Revolver Amount, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,
Appears in 1 contract
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.375% one-half of one percent (0.50%) per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,
Appears in 1 contract
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.20% per annum times the result of (i) the Maximum Revolver Amount, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,”
Appears in 1 contract
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.3750.50% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,;
Appears in 1 contract
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.375.50% per annum times TIMES the result of (ia) the Maximum Revolver Amount, less LESS (ii) the sum of (Ab) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,
Appears in 1 contract
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.75% per annum times the result of (i) the Maximum Revolver Amount, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,
Appears in 1 contract
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.50% per annum times TIMES the result of (ia) the Maximum Revolver Amount, less LESS (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus PLUS (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,
Appears in 1 contract
Samples: Loan and Security Agreement (Abraxas Petroleum Corp)
Unused Line Fee. On the first day of each month quarter during the term of this Agreement, an unused line fee in an the amount equal to 0.375.50% per annum times the result of (i) the Maximum Revolver Amount, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding monthquarter, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding monthquarter,
Appears in 1 contract
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.5% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,
Appears in 1 contract
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.375.25% per annum times the result of (i) the lesser of the Maximum Revolver AmountAmount or $8,000,000, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,
Appears in 1 contract
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.50% per annum times the result of (i) the Maximum Revolver Amount, Amount less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,
Appears in 1 contract
Samples: Loan and Security Agreement (Acme Communications Inc)
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.375% one-half of one percent (0.50%) per annum times the result of (ia) the Maximum Revolver Amount, Amount less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,
Appears in 1 contract
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.375the lesser of (i) $5,000 or (ii) 0.125% per annum times the result of (iA) the Maximum Revolver Amount, less (iiB) the sum of (Ax) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (By) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,
Appears in 1 contract
Samples: Loan and Security Agreement (Ultimate Electronics Inc)
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.25% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,.
Appears in 1 contract
Samples: Loan and Security Agreement and Guaranty (Archibald Candy Corp)
Unused Line Fee. On the first day of each month during the term of ----------------- this Agreement, an unused line fee in an the amount equal to 0.375% one-half of one percent (0.50%) per annum times the result of (ia) the Maximum Revolver Loan Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Term Loan that was outstanding during the immediately preceding month, plus (iii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,
Appears in 1 contract
Unused Line Fee. On During the term of this Agreement on the first day of each month during the term of this Agreementmonth, an unused line fee in an the amount equal to 0.3750.25% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,
Appears in 1 contract
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.375.5% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,
Appears in 1 contract
Samples: Contingent Warrant Agreement (Advanced Lighting Technologies Inc)
Unused Line Fee. On the first day of each month January, April, July, and October during the term of this Agreement, an unused line fee in an the amount equal to 0.375% the Applicable Unused Line Fee Percentage (calculated for the immediately preceding quarter) per annum times the result of (i) the Maximum Revolver Amount, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding monthquarter, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding monthquarter,
Appears in 1 contract
Samples: Loan and Security Agreement (Majestic Star Casino LLC)
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.20% per annum times the result of (i) the Maximum Revolver AmountAmount at such time, less (ii) the sum of (A) the average Daily Balance of Revolving Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,
Appears in 1 contract
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.375% per annum times the result of (i) the Maximum Revolver Amount, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month, plus (C) the outstanding principal amount of the Term Loan A, plus (D) the outstanding principal amount of the Term Loan B,
Appears in 1 contract
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.375% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, month plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,;
Appears in 1 contract
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.3750.50% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,"
Appears in 1 contract
Samples: Loan and Security Agreement (SCB Computer Technology Inc)
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.375.50% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,
Appears in 1 contract
Samples: Loan and Security Agreement (Northland Cranberries Inc /Wi/)
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.375% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,, plus (iii) the then-outstanding principal balance of the Term Loan during the immediately preceding month.”
Appears in 1 contract
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee (the "Unused Line Fee") in an the amount equal to 0.3750.5% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,
Appears in 1 contract
Samples: Loan and Security Agreement (U Haul International Inc)
Unused Line Fee. On the first day of each month during the term of this Agreement, payable in arrears, an unused line fee in an amount equal to 0.375% per annum times the result of (i) the Maximum Revolver Amount, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,
Appears in 1 contract
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.20% per annum times the result of (i) the Maximum Revolver AmountAmount at such time, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,
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Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.25% per annum times the result of (i) the Maximum Revolver AmountAmount at such time, less (ii) the sum of (A) the average Daily Balance of Revolving Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,
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Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.5% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances and Term Loans that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,
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Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.3750.25% per annum times the result of (i) the Maximum Revolver Amount, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,, (such sum being the “Average Utilization”).
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Samples: Loan, Guaranty and Security Agreement (Design Within Reach Inc)
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.3750.50% per annum times the result of (i) the Maximum Revolver Amount, less (iii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,;
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Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.375% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,plus
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Samples: Loan and Security Agreement (Pioneer Companies Inc)
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.3750.25% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,"
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Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.375% per annum times the result of (i) the Maximum Revolver Amount, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,
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Samples: Loan and Security Agreement (Phibro Animal Health Corp)
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.375% per annum times the result of (ia) the Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,, plus (iii) the Availability Block, plus (iv) the average Daily Balance of the Term Loan outstanding during the immediately preceding month.
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Samples: Loan and Security Agreement (Mercury Air Group Inc)
Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.375% per annum times TIMES the result of (ia) the Maximum Revolver Amount, less LESS (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,.
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Unused Line Fee. On the first day of each month during the term of this Agreement, an unused line fee in an the amount equal to 0.375.375% per annum times the result of (ia) the then extant Maximum Revolver Amount, less (iib) the sum of (Ai) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (Bii) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,
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