Common use of Utilisation fee Clause in Contracts

Utilisation fee. (a) The Borrowers shall pay a utilisation fee calculated by reference to the daily amount outstanding under the Facilities during each consecutive period of three (3) Months (the first of such period beginning on the date of this Agreement) multiplied by the percentage as set out in the table below: Utilisation level Utilisation fee (per annum) Less than or equal to 331/3 per cent. of the aggregate Revolving Facility Commitments from time to time 0.15% Higher than 331/3 per cent. but less than or equal to 662/3 per cent. of the aggregate Revolving Facility Commitments from time to time 0.30% Higher than 662/3 per cent. of the aggregate Revolving Facility Commitments from time to time 0.60%

Appears in 2 contracts

Samples: Gtech Senior Facilities Agreement (International Game Technology PLC), Gtech Senior Facilities Agreement (International Game Technology PLC)

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Utilisation fee. (a) The Borrowers shall pay a utilisation fee calculated by reference to the daily amount outstanding under the Facilities during each consecutive period of three (3) Months (the first of such period beginning on the date of this Agreement) multiplied by the percentage as set out in the table below: Utilisation level Utilisation fee (per annum) Less than or equal to 331/3 per cent. of the aggregate Revolving Facility Commitments from time to time 0.150.15 % Higher than 331/3 per cent. but less than or equal to 662/3 per cent. of the aggregate Revolving Facility Commitments from time to time 0.300.30 % Utilisation level Utilisation fee (per annum) Higher than 662/3 per cent. of the aggregate Revolving Facility Commitments from time to time 0.600.60 %

Appears in 1 contract

Samples: Gtech Senior Facilities Agreement (International Game Technology PLC)

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Utilisation fee. (a) The Borrowers shall pay a utilisation fee calculated by reference to the daily amount outstanding under the Facilities during each consecutive period of three (3) Months (the first of such period beginning on the date of this Agreement) multiplied by the percentage as set out in the table below: Utilisation level Utilisation fee (per annum) Less than or equal to 331/3 per cent. of the aggregate Revolving Facility Commitments from time to time 0.150.15 % Higher than 331/3 per cent. but less than or equal to 662/3 per cent. of the aggregate Revolving Facility Commitments from time to time 0.300.30 % Higher than 662/3 per cent. of the aggregate Revolving Facility Commitments from time to time 0.600.60 %

Appears in 1 contract

Samples: Gtech Senior Facilities Agreement (International Game Technology PLC)

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