Examples of Unused Facility Fee in a sentence
Further, the Unused Facility Fee shall be paid quarterly in arrears, on the first day of the months of January, April, July and October, for each preceding calendar quarter.
Borrower will pay the Unused Facility Fee on the last day of each calendar quarter; such fee will be non-refundable and fully earned when paid.
Company shall prepare annual budgets for the Operations for NewCo’s approval showing expected revenues and expenses, and shall revise such budgets as the Parties deem appropriate from time to time.
The Unused Facility Fee is calculated based on a year of 360 days for the actual number of days elapsed.
The Unused Facility Fee shall be calculated on the last day of each fiscal quarter and shall be due and payable on the fifth day after the end of each fiscal quarter.