Common use of Utilisation fee Clause in Contracts

Utilisation fee. (a)If at any time the total amount of the Loans exceeds 50 per cent. of the Total Commitments then the Borrowers shall pay to the Agent (for the account of each Lender) a utilisation fee in the Base Currency computed at the rate of 0.15 per cent. per annum of the total amount of such Loans calculated on a daily basis.

Appears in 2 contracts

Samples: Agreement (Kronos International Inc), Agreement (Kronos International Inc)

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Utilisation fee. (a)If i) If at any time the total amount of the Loans exceeds 50 per cent. of the Total Commitments then the Borrowers shall pay to the Agent (for the account of each Lender) a utilisation fee in the Base Currency computed at the rate of 0.15 per cent. per annum of the total amount of such Loans calculated on a daily basis.

Appears in 1 contract

Samples: Agreement (Kronos International Inc)

Utilisation fee. (a)If at any time the total amount of the Loans exceeds 50 per cent. of the Total Commitments then the Borrowers a) The Borrower shall pay to the Agent (for the account of each Lender) a utilisation fee in the Base Currency computed at the rate of 0.15 0.25 per cent. per annum on the aggregate principal amount of the total Loans if the aggregate principal amount of the Loans at any time exceeds 50 per cent. of the Total Commitments at such Loans calculated on a daily basistime.

Appears in 1 contract

Samples: Agreement (Bunge LTD)

Utilisation fee. (a)If at any time the total amount of the Loans exceeds 50 per cent. of the Total Commitments then the Borrowers a) The Company shall pay to the Agent (for the account of each Lender) a utilisation fee in the Base Currency computed on the amount of each Lender's participation in Loans outstanding from day to day for the period during which the Base Currency Amount of Loans exceeds, in aggregate, more than 50 per cent. of the Total Commitments as at the Effective Date, such utilisation fee to be calculated at the rate of 0.15 0.05 per cent. per annum of the total amount of such Loans calculated on a daily basisannum.

Appears in 1 contract

Samples: Multicurrency Revolving Facilities Agreement (Gallaher Group PLC)

Utilisation fee. (a)If a) If at any time the total amount of the Loans exceeds 50 per cent. of the Total Commitments then the Borrowers shall pay to the Agent (for the account of each Lender) a utilisation fee in the Base Currency computed at the rate of 0.15 per cent. per annum of the total amount of such Loans calculated on a daily basis.

Appears in 1 contract

Samples: Agreement (Kronos International Inc)

Utilisation fee. (a)If a) If at any time the total amount of the Loans exceeds 50 66 per cent. of the Total Commitments then the Borrowers shall pay to the Agent (for the account of each Lender) a utilisation fee in the Base Currency computed at the rate of 0.15 0.25 per cent. per annum of the total amount of such Loans calculated on a daily basis.

Appears in 1 contract

Samples: Agreement (Nl Industries Inc)

Utilisation fee. (a)If at any time the total amount of the Loans exceeds 50 per cent. of the Total Commitments then the Borrowers a) The Company shall pay to the Agent (for the account of each Lender) a utilisation fee in the Base Currency computed on the amount of each Lender’s participation in Loans outstanding from day to day for the period during which the Base Currency Amount of Loans exceeds, in aggregate, more than 50 per cent. of the Total Commitments as at the Effective Date, such utilisation fee to be calculated at the rate of 0.15 0.025 per cent. per annum of the total amount of such Loans calculated on a daily basisannum.

Appears in 1 contract

Samples: Facilities Agreement (Analex Corp)

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Utilisation fee. (a)If at any time a) For each day on which the total outstanding principal amount of the Loans exceeds 50 is 50.0 per cent. or more of the Total Commitments then at that time, the Borrowers Company shall pay a utilisation fee to the Agent (Agent, for the account of each Lender) a utilisation fee in the Base Currency computed at the rate Banks, of 0.15 0.025 per cent. per annum on the amount of the total outstanding principal amount of such the Loans calculated on a daily basisthat day.

Appears in 1 contract

Samples: Agreement (Scottish Power PLC)

Utilisation fee. (a)If a) The Borrower must pay to the Facility Agent for each Lender a utilisation fee computed at any time the total rate of 0.05% per annum of the aggregate amount of the Loans for each day on which the aggregate amount of the Loans exceeds 50 per cent. 50% of the Total Commitments then the Borrowers shall pay to the Agent (for the account of each Lender) a utilisation fee in the Base Currency computed at the rate of 0.15 per cent. per annum of the total amount of such Loans calculated on a daily basisCommitments.

Appears in 1 contract

Samples: Agreement (PPL Corp)

Utilisation fee. (a)If at any time a) For each day on which the total outstanding principal amount of the Loans exceeds 50 is 50.0 per cent. or more of the Total Commitments then at that time, the Borrowers Company shall pay a utilisation fee to the Agent (Agent, for the account of each Lender) a utilisation fee in the Base Currency computed at the rate Banks of 0.15 0.05 per cent. per annum annum, on the amount of the total outstanding principal amount of such the Loans calculated on a daily basisthat day.

Appears in 1 contract

Samples: Agreement (Scottish Power PLC)

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