Unused Line Fee. Borrowers shall pay to Agent, for the ratable account of the Revolving Lenders, an unused line fee (the “Unused Line Fee”) in an amount equal to 0.50% per annum times the result of (i) the aggregate amount of the Revolver Commitments, less (ii) the average amount of the Revolver Usage during the immediately preceding month (or portion thereof), which Unused Line Fee shall be due and payable on the first day of each month from and after the Closing Date up to the first day of the month prior to the date on which the Obligations are paid in full and on the date on which the Obligations are paid in full.
Appears in 6 contracts
Samples: Credit Agreement (InfuSystem Holdings, Inc), Credit Agreement (EGAIN Corp), Possession Credit Agreement
Unused Line Fee. Borrowers shall pay to Agent, for the ratable account of the Revolving Lenders, an unused line fee (the “Unused Line Fee”) in an amount equal to 0.500.25% per annum times the result of (i) the aggregate amount of the Revolver Commitments, less (ii) the average amount of the Revolver Usage during the immediately preceding month (or portion thereof), which Unused Line Fee shall be due and payable on the first day of each month from and after the Closing Date up to the first day of the month prior to the date on which the Obligations are paid in full and on the date on which the Obligations are paid in full.
Appears in 5 contracts
Samples: Credit Agreement (Digirad Corp), Credit Agreement (Power Solutions International, Inc.), Credit Agreement (Power Solutions International, Inc.)
Unused Line Fee. Borrowers Borrower shall pay to Agent, for the ratable account of the Revolving Lenders, an unused line fee (the “Unused Line Fee”) in an amount equal to 0.50% per annum times the result of (i) the aggregate amount of the Revolver Commitments, less (ii) the average amount of the Revolver Usage during the immediately preceding month (or portion thereof), which Unused Line Fee shall be due and payable on the first day of each month from and after the Closing Date up to the first day of the month prior to the date on which the Obligations are paid in full and on the date on which the Obligations are paid in full.
Appears in 5 contracts
Samples: Credit Agreement (Asure Software Inc), Credit Agreement (Appfolio Inc), Credit Agreement (Appfolio Inc)
Unused Line Fee. Borrowers shall pay to Agent, for the ratable account of the Revolving Lenders, an unused line fee (the “Unused Line Fee”) in an amount equal to 0.50% per annum times the result of (i) the aggregate amount of the Revolver Commitments, less (ii) the average amount of the Average Revolver Usage during the immediately preceding month (or portion thereof), which Unused Line Fee shall be due and payable payable, in arrears, on the first day of each month from and after the Closing Date up to the first day of the month prior to the date on which the Obligations are paid in full and on the date on which the Obligations are paid in full.. (c)
Appears in 4 contracts
Samples: Credit Agreement (Nautilus, Inc.), Credit Agreement (Nautilus, Inc.), Credit Agreement and Loan Documents (Nautilus, Inc.)
Unused Line Fee. Borrowers shall pay to Agent, for the ratable account of the Revolving Lenders, an unused line fee (the “Unused Line Fee”) in an amount equal to 0.50% per annum times the result of (i) the aggregate amount of the Revolver Commitments, less (ii) the average amount of the Revolver Usage during the immediately preceding month (or portion thereof), which Unused Line Fee shall be due and payable on the first day of each month month, from and after the Closing Date up to the first day of the month month, prior to the date on which the Obligations are paid in full and on the date on which the Obligations are paid in full.
Appears in 4 contracts
Samples: Credit Agreement (Connecture Inc), Credit Agreement (Connecture Inc), Credit Agreement (Connecture Inc)
Unused Line Fee. Borrowers Borrower shall pay to Agent, for the ratable account of the Revolving Lenders, an unused line fee in Dollars (the “Unused Line Fee”) in an amount equal to 0.500.375% per annum times the result of (i) the aggregate amount of the Revolver Commitments, less (ii) the average amount of the Revolver Usage during the immediately preceding month (or portion thereof), which Unused Line Fee shall be due and payable on the first day of each month from and after the Closing Date up to the first day of the month prior to the date on which the Obligations are paid in full and on the date on which the Obligations are paid in full.
Appears in 3 contracts
Samples: Credit Agreement (PointClickCare Corp.), Credit Agreement (PointClickCare Corp.), Credit Agreement (PointClickCare Corp.)
Unused Line Fee. Borrowers shall pay to Agent, for the ratable account of the Revolving Lenders, an unused line fee (the “Unused Line Fee”) in an amount equal to 0.500.375% per annum times the result of (i) the aggregate amount of the Revolver Commitments, less (ii) the average amount of the Average Revolver Usage during the immediately preceding month (or portion thereof), which Unused Line Fee shall be due and payable payable, in arrears, on the first day of each month from and after the Closing Date up to the first day of the month prior to the date on which the Obligations are paid in full and on the date on which the Obligations are paid in full.
Appears in 3 contracts
Samples: Credit Agreement (AerSale Corp), Credit Agreement (AerSale Corp), Credit Agreement (AerSale Corp)
Unused Line Fee. Borrowers Borrower shall pay to Agent, for the ratable account of the Revolving Lenders, an unused line fee (the “Unused Line Fee”) in an amount equal to 0.500.375% per annum times the result of (i) the aggregate amount of the Revolver Commitments, less (ii) the average amount of the Revolver Usage during the immediately preceding month (or portion thereof), which Unused Line Fee shall be due and payable on the first day of each month from and after the Closing Date up to the first day of the month prior to the date on which the Obligations are paid in full and on the date on which the Obligations are paid in full.
Appears in 2 contracts
Samples: Credit Agreement (Q2 Holdings, Inc.), Credit Agreement (Q2 Holdings, Inc.)
Unused Line Fee. Borrowers shall pay to Agent, for the ratable account of the Revolving Lenders, an unused line fee (the “Unused Line Fee”) in an amount equal to 0.500.25% per annum times the result of (i) the aggregate amount of the Average Revolver CommitmentsCommitment, less (ii) the average amount of the Average Revolver Usage during the immediately preceding month (or portion thereof), which Unused Line Fee shall be due and payable payable, in arrears, on the first day of each month from and after the Closing Date up to the first day of the month prior to the date on which the Obligations are paid in full and on the date on which the Obligations are paid in full.
Appears in 2 contracts
Samples: Credit Agreement (Insteel Industries Inc), Credit Agreement (Insteel Industries Inc)
Unused Line Fee. Borrowers shall pay to Agent, for the ratable account of the Revolving Lenders, an unused line fee (the “Unused Line Fee”) in an amount equal to 0.500.25% per annum times multiplied by the result of (i) the aggregate amount of the Revolver Commitments, less (ii) the average amount of the Average Revolver Usage during the immediately preceding month (or portion thereof), which Unused Line Fee shall be due and payable payable, in arrears, on the first day of each month from and after the Closing Date up to the first day of the month prior to the date on which the Obligations are paid in full and on the date on which the Obligations are paid in full.
Appears in 2 contracts
Samples: Credit Agreement (Kaiser Aluminum Corp), Credit Agreement (Kaiser Aluminum Corp)
Unused Line Fee. Borrowers Borrower shall pay to Agent, for the ratable account of the Revolving Lenders, an unused line fee (the “Unused Line Fee”) in an amount equal to 0.500.25% per annum times the result of (i) the aggregate amount of the Revolver Commitments, less (ii) the average amount of the Average Revolver Usage during the immediately preceding month (or portion thereof), which Unused Line Fee shall be due and payable payable, in arrears, on the first day of each month from and after the Closing Date up to the first day of the month prior to the date on which the Obligations are paid in full and on the date on which the Obligations are paid in full.
Appears in 2 contracts
Samples: Credit Agreement (Sanfilippo John B & Son Inc), Credit Agreement (Sanfilippo John B & Son Inc)
Unused Line Fee. Borrowers shall pay to Agent, for the ratable account of the Revolving Lenders, an unused line fee (the “Unused Line Fee”) in an amount equal to 0.500.25% per annum times the result of (i) the aggregate amount of the Revolver Commitments, less (ii) the average amount of the Average Revolver Usage during the immediately preceding month (or portion thereof), which Unused Line Fee shall be due and payable payable, in arrears, on the first day of each month from and after the Closing Date up to the first day of the month prior to the date on which the Obligations are paid in full and on the date on which the Obligations are paid in full.
Appears in 2 contracts
Samples: Credit Agreement (Neophotonics Corp), Credit Agreement (Neophotonics Corp)
Unused Line Fee. Borrowers Administrative Borrower shall pay to Administrative Agent, for the ratable account of the Revolving Revolver Lenders, an unused line fee (the “"Unused Line Fee”") in an amount equal to 0.50% per annum times the result of (i) the aggregate amount of the Revolver Commitments, less (ii) the average amount of the Revolver Usage during the immediately preceding month (or portion thereof), which Unused Line Fee shall be due and payable payable, in arrears, on the first day of each month from and after the Closing Date up to the first day of the month prior to the date on which the Obligations are paid in full and on the date on which the Obligations are paid in full.
Appears in 1 contract
Unused Line Fee. Borrowers shall pay to Agent, for the ratable account of the Revolving Lenders, an unused line fee (the “Unused Line Fee”) in an amount equal to 0.50% per annum times the result of (i) the aggregate amount of the Revolver Commitments, less (ii) the average amount of the Revolver Usage during the immediately preceding month (or portion thereof), which Unused Line Fee shall be due and payable on the first day of each month month; from and after the Closing Date up to the first day of the month prior to the date on which the Obligations are paid in full and on the date on which the Obligations are paid in full.
Appears in 1 contract
Unused Line Fee. Borrowers shall pay to Agent, for the ratable account of the Revolving Lenders, an unused line fee (the “"Unused Line Fee”") in an amount equal to 0.50.375% per annum times the result of (i) the aggregate amount of the Revolver Commitments, less (ii) the average amount of the Average Revolver Usage during the immediately preceding month (or portion thereof), which Unused Line Fee shall be due and payable on the first day of each month from and after the Closing Date up to the first day of the month prior to the date on which the Obligations are paid in full and on the date on which the Obligations are paid in full.
Appears in 1 contract
Unused Line Fee. Borrowers Borrower shall pay to Agent, for the ratable account of the Revolving Lenders, an unused line fee (the “"Unused Line Fee”") in an amount equal to 0.50% per annum times the result of (i) the aggregate amount of the Revolver Commitments, less (ii) the average amount of the Revolver Usage during the immediately preceding month (or portion thereof), which Unused Line Fee shall be due and payable on the first day of each month from and after the Closing Date up to the first day of the month prior to the date on which the Obligations are paid in full and on the date on which the Obligations are paid in full; provided, however, in accordance with Section 2.3(g)(i), Borrower shall not be required to pay any Unused Line Fee to Agent for the account of any Defaulting Lender.
Appears in 1 contract
Samples: Credit Agreement (Streamline Health Solutions Inc.)
Unused Line Fee. Borrowers shall pay to Agent, for the ratable account of the Revolving Lenders, an unused line fee (the “Unused Line Fee”) in an amount equal to 0.500.75% per annum times the result of (i) the aggregate amount of the Revolver Commitments, less (ii) the average amount of the Average Revolver Usage during the immediately preceding month (or portion thereof), which Unused Line Fee shall be due and payable payable, in arrears, on the first day of each month from and after the Closing Date up to the first day of the month prior to the date on which the Obligations are paid in full and on the date on which the Obligations are paid in full.. (c)
Appears in 1 contract
Unused Line Fee. Borrowers shall pay to Agent, for the ratable account of the Revolving Lenders, an unused line fee (the “Unused Line Fee”) in an amount equal to 0.500.375% per annum times the result of (i) the aggregate amount of the Revolver Commitments, less (ii) the average amount of the Revolver Usage during the immediately preceding month (or portion thereof), which Unused Line Fee shall be due and payable on the first day of each month from and after the Closing Date up to the first day of the month prior to the date on which the Obligations are paid in full and on the date on which the Obligations are paid in full.
Appears in 1 contract
Unused Line Fee. Borrowers shall pay to Administrative Agent, for the ratable account of the Revolving Lenders, an unused line fee (the “Unused Line Fee”) in an amount equal to 0.500.375% per annum times the result of (i) the aggregate amount of the Revolver CommitmentsMaximum Credit, less (ii) the daily average amount of the Revolver Usage during the immediately preceding month (or portion thereof), which Unused Line Fee shall be due and payable payable, in arrears, on the first day of each month from and after the Closing Date up to the first day of the month prior to the date on which the Obligations are paid in full and on the date on which the Obligations are paid in full.
Appears in 1 contract
Samples: Abl Credit Agreement (Cross Country Healthcare Inc)
Unused Line Fee. Borrowers Borrower shall pay to Agent, for the ratable account of the Revolving Lenders, an unused line fee (the “"Unused Line Fee”") in an amount equal to 0.500.375% per annum times the result of (i) the aggregate amount of the Revolver Revolving Loan Commitments, less (ii) the average amount of the Revolver Usage during the immediately preceding month (or portion thereof), which Unused Line Fee shall be due and payable on the first day of each month from and after the Closing Date up to the first day of the month prior to the date on which the Priority Obligations are paid in full and on the date on which the Priority Obligations are paid in full.
Appears in 1 contract
Unused Line Fee. Borrowers shall pay to Agent, for the ratable account of the Revolving Lenders, an unused line fee (the “Unused Line Fee”) in an amount equal to 0.50% per annum times the result of (i) the aggregate amount of the Revolver Commitments, less (ii) the average amount of the Average Revolver Usage during the immediately preceding month (or portion thereof), which Unused Line Fee shall be due and payable payable, in arrears, on the first day of each month month, from and after the Closing Date up to the first day of the month month, prior to the date on which the Obligations are paid in full and on the date on which the Obligations are paid in full.
Appears in 1 contract
Unused Line Fee. Borrowers Borrower shall pay to Agent, for the ratable account of the Revolving Lenders, an unused line fee (the “"Unused Line Fee”") in an amount equal to 0.50% per annum times the result of (i) the aggregate amount of the Revolver Commitments, less (ii) the average amount of the Revolver Usage during the immediately preceding month (or portion thereof), which Unused Line Fee shall be due and payable payable, in arrears, on the first day of each month from and after the Closing Date up to the first day of the month prior to the date on which the Obligations are paid in full and on the date on which the Obligations are paid in full.
Appears in 1 contract
Unused Line Fee. Borrowers Administrative Borrower shall pay to Administrative Agent, for the ratable account of the Revolving Revolver Lenders, an unused line fee (the “Unused Line Fee”) in an amount equal to 0.50% per annum times the result of (i) the aggregate amount of the Revolver Commitments, less (ii) the average amount of the Revolver Usage during the immediately preceding month (or portion thereof), which Unused Line Fee shall be due and payable payable, in arrears, on the first day of each month from and after the Closing Date up to the first day of the month prior to the date on which the Obligations are paid in full and on the date on which the Obligations are paid in full.
Appears in 1 contract
Samples: Loan and Security Agreement (Alliance Entertainment Holding Corp)
Unused Line Fee. Borrowers shall pay to Agent, for the ratable account of the Revolving Lenders, an unused line fee (the “"Unused Line Fee”") in an amount equal to 0.500.25% per annum times the result of (i) the aggregate amount of the Revolver Commitments, less (ii) the average amount of the Average Revolver Usage during the immediately preceding month (or portion thereof), which Unused Line Fee shall be due and payable payable, in arrears, on the first day of each month from and after the Closing Date up to the first day of the month prior to the date on which the Obligations are paid in full and on the date on which the Obligations are paid in full.
Appears in 1 contract
Unused Line Fee. Borrowers shall pay to Agent, for the ratable account of the Revolving Lenders, an unused line fee (the “Unused Line Fee”) in an amount equal to 0.500.25% per annum times the result of (i) the aggregate amount of the Revolver Commitments, less (ii) the average amount of the Revolver Usage during the immediately preceding month (or portion thereof), which Unused Line Fee shall be due and payable on the first day of each month month, from and after the Closing Date up to the first day of the month month, prior to the date on which the Obligations are paid in full and on the date on which the Obligations are paid in full.
Appears in 1 contract
Unused Line Fee. Borrowers Borrower shall pay to Administrative Agent, for the ratable account of the Revolving Lenders, an unused line fee (the “Unused Line Fee”) in an amount equal to 0.50% per annum times the result of (i) the aggregate amount of the Revolver Commitments, less (ii) the average amount of the Revolver Usage during the immediately preceding month (or portion thereof), which Unused Line Fee shall be due and payable on the first day of each month from and after the Closing Date up to the first day of the month prior to the date on which the Obligations are paid in full and on the date on which the Obligations are paid in full.
Appears in 1 contract
Samples: Patent Security Agreement (Turning Point Brands, Inc.)
Unused Line Fee. Borrowers shall pay to Agent, for the ratable account of the Revolving Lenders, an unused line fee (the “"Unused Line Fee”") in an amount equal to 0.500.375% per annum times the result of (i) the aggregate amount of the Revolver Commitments, less (ii) the average amount of the Average Revolver Usage during the immediately preceding month (or portion thereof), which Unused Line Fee shall be due and payable payable, in arrears, on the first day of each month from and after the Closing Date up to the first day of the month prior to the date on which the Obligations are paid in full and on the date on which the Obligations are paid in full.. (c)
Appears in 1 contract
Unused Line Fee. Borrowers Borrower shall pay to Agent, for the ratable account of the Revolving Lenders, an unused line fee (the “"Unused Line Fee”") in an amount equal to 0.500.375% per annum times the result of (i) the aggregate amount of the Revolver Commitments, less (ii) the average amount of the Revolver Usage during the immediately preceding month (or portion thereof), which Unused Line Fee shall be due and payable on the first day of each month from and after the Closing Date up to the first day of the month prior to the date on which the Obligations are paid in full and on the date on which the Obligations are paid in full.
Appears in 1 contract
Unused Line Fee. Borrowers shall pay to Agent, for the ratable account of the Revolving Lenders, Lender an unused line fee (the “"Unused Line Fee”") in an amount equal to 0.50% the Applicable Unused Line Fee Percentage per annum times the result of (i) the aggregate amount of the Revolver CommitmentsCommitment, less (ii) the average amount of the Average Revolver Usage during the immediately preceding month (or portion thereof), which Unused Line Fee shall be due and payable on the first day of each month from and after the Closing Date up to the first day of the month prior to the date on which the Obligations are paid in full and on the date on which the Obligations are paid in full.
Appears in 1 contract
Samples: Credit Agreement (Northwest Pipe Co)
Unused Line Fee. Borrowers Borrower shall pay to Agent, for the ratable account of the Revolving Lenders, an unused line fee (the “"Unused Line Fee”") in an amount equal to 0.500.25% per annum times the result of (i) the aggregate amount of the Revolver Commitments, less (ii) the average amount of the Average Revolver Usage during the immediately preceding month (or portion thereof), which Unused Line Fee shall be due and payable payable, in arrears, on the first day of each month from and after the Closing Date up to the first day of the month prior to the date on which the Obligations are paid in full and on the date on which the Obligations are paid in full.
Appears in 1 contract
Unused Line Fee. Borrowers shall pay to Agent, for the ratable account of the Revolving Lenders, an unused line fee (the “Unused Line Fee”) in an amount equal to 0.500.375% per annum times multiplied by the result of (i) the aggregate amount of the Revolver Commitments, less (ii) the average amount of the Average Revolver Usage during the immediately preceding month (or portion thereof), which Unused Line Fee shall be due and payable in arrears on the first day of each month from and after the Closing Date up to the first day of the month prior to the date on which the Obligations are paid in full and on the date on which the Obligations are paid in full.
Appears in 1 contract
Unused Line Fee. Borrowers shall pay to Agent, for the ratable account of the Revolving Lenders, an unused line fee (the “"Unused Line Fee”") in an amount equal to 0.50% per annum times the result of (i) the aggregate amount of the Revolver Commitments, less (ii) the average daily amount of the Revolver Usage during the immediately preceding month (or portion thereof), which Unused Line Fee shall be due and payable payable, in arrears, on the first day of each month from and after the Closing Date up to the first day of the month prior to the date on which the Obligations are paid in full and on the date on which the Obligations are paid in full.
Appears in 1 contract
