Common use of Utilization Fee Clause in Contracts

Utilization Fee. The Borrower agrees to pay to the Administrative Agent for the account of each Lender a utilization fee at a rate per annum equal to the Utilization Fee Rate on the aggregate unpaid principal amount of such Lender’s Loans for each day on which the aggregate outstanding principal amount of all outstanding Loans exceeds 50% of the Aggregate Commitments (the “Utilization Fee”), payable on the last day of each calendar quarter hereafter and on the Repayment Date. None of the fees payable under this Section 2.5 shall be refundable in whole or in part.

Utilization Fee. The Borrower agrees to pay to the Administrative Agent for the account of each Lender (other than the Designated Bidders) a utilization fee (the "Utilization Fee") on the aggregate outstanding principal amount of such Lender's Advances during any period that the aggregate outstanding principal amount of the Advances exceeds an amount equal to 50% of the aggregate amount of the Commitments, at a rate per annum equal to the Applicable Utilization Fee Rate Rate. Accrued Utilization Fee shall be paid on the aggregate unpaid principal amount of such Lender’s Loans for each day on which the aggregate outstanding principal amount a payment of all outstanding Loans exceeds 50% of the Aggregate Commitments (the “Utilization Fee”), payable on the last day of each calendar quarter hereafter and on the Repayment Date. None of the fees payable interest is due under this Section 2.5 shall be refundable in whole or in part2.07.

Utilization Fee. The Borrower agrees to pay to the Administrative Agent for the account of each Lender (other than the Designated Bidders) a utilization fee at a rate per annum equal to (the "Utilization Fee Rate Fee") on the aggregate unpaid outstanding principal amount of such Lender’s Loans 's Advances for each day on any period during which the aggregate outstanding principal amount of all outstanding Loans the Advances exceeds an amount equal to 50% of the Aggregate Commitments (aggregate amount of the “Commitments, at a rate equal to the Applicable Utilization Fee”), payable on the last day of each calendar quarter hereafter and on the Repayment Date. None of the fees payable under this Section 2.5 Accrued Utilization Fee shall be refundable in whole or in partpaid on each day on which a payment of interest is due under Section 2.07.

Utilization Fee. The Borrower agrees to shall pay to the Administrative Agent for the account of each Lender the Lenders ratably a per annum utilization fee at a the applicable percentage rate per annum equal to as set forth in the Utilization Fee Rate on the aggregate unpaid principal amount of such Lender’s Loans for each day on which the aggregate outstanding principal amount of all outstanding Loans exceeds 50% of the Aggregate Commitments Pricing Schedule (the “Utilization FeeFee Rate”), payable . Such utilization fee shall accrue each day during the Utilization Fee Period on the last day of each calendar quarter hereafter and on the Repayment Date. None aggregate amount of the fees payable under this Section 2.5 shall be refundable in whole or in partused portion of the Total Revolving Commitments.

Utilization Fee. The Borrower agrees to pay to the Administrative Agent for the account of each Lender (other than the Designated Bidders) a utilization fee (the “Utilization Fee”) on the aggregate outstanding principal amount of such Lender’s Advances during any period that the aggregate outstanding principal amount of the Advances exceeds an amount equal to 50% of the aggregate amount of the Commitments, at a rate per annum equal to the Applicable Utilization Fee Rate Rate. Accrued Utilization Fee shall be paid on the aggregate unpaid principal amount of such Lender’s Loans for each day on which the aggregate outstanding principal amount a payment of all outstanding Loans exceeds 50% of the Aggregate Commitments (the “Utilization Fee”), payable on the last day of each calendar quarter hereafter and on the Repayment Date. None of the fees payable interest is due under this Section 2.5 shall be refundable in whole or in part2.07.