Common use of Utilization Fee Clause in Contracts

Utilization Fee. Each Borrower agrees to pay to the Administrative Agent, for the account of the Lenders according to their Pro Rata Shares, a utilization fee for each day on which either (i) the Outstanding Credit Extensions to all Borrowers exceed 33-1/3% of the aggregate amount of the Commitment Amounts or (ii) such Borrower’s Outstanding Credit Extensions exceed 33-1/3% of such Borrower’s Sublimit, in each case in an amount equal to the Utilization Fee Rate for such Borrower multiplied by such Borrower’s Outstanding Credit Extensions on such day, payable on the last day of each March, June, September and December and on the Commitment Termination Date for such Borrower.

Utilization Fee. Each Borrower agrees to pay to the Administrative Agent, for the account of the Lenders according to their Pro Rata Shares, a utilization fee for each day on which either (i) the Outstanding Credit Extensions to all Borrowers exceed 33-1/350% of the aggregate amount of the Commitment Amounts or (ii) such Borrower’s Outstanding Credit Extensions exceed 33-1/350% of such Borrower’s Sublimit, in each case in an amount equal to the Utilization Fee Rate for such Borrower multiplied by such Borrower’s Outstanding Credit Extensions on such day, payable on the last day of each March, June, September and December and on the Commitment Termination Date for such Borrower.

Utilization Fee. Each Borrower agrees to pay to the Administrative Agent, for the account of the Lenders according to their Pro Rata Shares, a utilization fee for each day on which either (i) the Outstanding Credit Extensions to all Borrowers exceed 33-1/3% of the aggregate amount of the Commitment Amounts or (ii) such Borrower’s 's Outstanding Credit Extensions exceed 33-1/3% of such Borrower’s 's Sublimit, in each case in an amount equal to the Utilization Fee Rate for such Borrower multiplied by such Borrower’s 's Outstanding Credit Extensions on such day, payable on the last day of each March, June, September and December and on the Commitment Termination Date for such Borrower.

Utilization Fee. Each Borrower agrees to pay to the Administrative Agent, Agent for the account of the Lenders according to their Pro Rata Shares, Shares a utilization fee for each day on which either (i) the Outstanding Credit Extensions to all Borrowers exceed 33-1/3% of the aggregate amount of the Commitment Amounts or (ii) such Borrower’s 's Outstanding Credit Extensions exceed 33-1/3% of such Borrower’s 's Sublimit, in each case in an amount equal to the Utilization Fee Rate for such Borrower multiplied by such Borrower’s 's Outstanding Credit Extensions on such day, payable on the last day of each March, June, September and December and on the Commitment Termination Date for such Borrower.

Utilization Fee. Each Borrower agrees to pay to the Administrative Agent, for the account of the Lenders according to their Pro Rata Shares, a utilization fee for each day on which either (i) the Outstanding Credit Extensions to all Borrowers exceed 33-1/3331/3% of the aggregate amount of the Commitment Amounts or (ii) such Borrower’s 's Outstanding Credit Extensions exceed 33-1/3331/3% of such Borrower’s 's Sublimit, in each case in an amount equal to the Utilization Fee Rate for such Borrower multiplied by such Borrower’s 's Outstanding Credit Extensions on such day, payable on the last day of each March, June, September and December and on the Commitment Termination Date for such Borrower.