Westcon Canada Sample Clauses

Westcon Canada. If the average outstanding daily principal of Canadian Loans in any month shall, in any case, be less than the Westcon Canada Sublimit, Westcon Canada promises to pay to the Canadian Collateral Agent for the ratable benefit of the Canadian Lenders on or before the last Business Day of each month, or as soon thereafter as Canadian Collateral Agent deems appropriate, an undrawn commitment fee ("Canadian Undrawn Commitment Fee") per annum, based on a 360-day year, on the amount by which the Westcon Canadian Sublimit exceeds the average outstanding daily balance of the sum of the Canadian Loans in respect of such month, which Canadian Undrawn Commitment Fee shall be equal to the applicable Unused Line Fee Margin.
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