Unused Revolving Line Facility Fee definition

Unused Revolving Line Facility Fee is defined in Section 2.4(d).

Unused Revolving Line Facility Fee is defined in Section 2.4(c). [Signature page follows.]

Unused Revolving Line Facility Fee is defined in Section 2.5(c).

Examples of Unused Revolving Line Facility Fee in a sentence

• Borrower shall not be entitled to any credit, rebate or repayment of any Unused Revolving Line Facility Fee previously earned by Bank pursuant to this Section notwithstanding any termination of the Agreement or the suspension or termination of Bank’s obligation to make loans and advances hereunder.

• Such Unused Revolving Line Facility Fee shall be calculated on a per annum basis of the average unused portion of the Revolving Line, as determined by Bank, and shall be payable monthly, as described above, in arrears on the last day of each calendar month occurring prior to the Revolving Line Maturity Date, and on the Revolving Line Maturity Date.

• All references in the Loan Agreement to the Revolving Line, Advances, the Unused Revolving Line Facility Fee, Availability Amount, Borrowing Base, Eligible Accounts, Eligible Foreign Accounts, Overadvance, Reserves, and any terms associated therewith are stricken in their entirety.

• Notwithstanding the foregoing, there shall be no Unused Revolving Line Facility Fee for a particular quarter if the average principal amount of Advances outstanding during such quarter was more than Ten Million Dollars ($10,000,000.00).

• The amount of the Unused Revolving Line Facility Fee to be shared between the Revolving Line Lenders pursuant to their respective Applicable Commitment Percentage.

More Definitions of Unused Revolving Line Facility Fee

Unused Revolving Line Facility Fee is defined in Section 2.3(b).

Unused Revolving Line Facility Fee is defined in Section 2.3(c).

Unused Revolving Line Facility Fee is defined in Section 2.4(b). #2572901v4 233773760 v5

Unused Revolving Line Facility Fee is defined in Section 2.4(c).” 10 The Loan Agreement shall be amended by deleting the following definitions appearing in Section 13.1 thereof:

Unused Revolving Line Facility Fee is a fee in an amount equal to three-tenths of one percent (0.30%) per annum of the average unused portion of the Revolving Line, as determined by Bank, computed on the basis of a year with the applicable number of days as set forth in Section 2.4(d) of this Agreement. The unused portion of the Revolving Line, for purposes of this calculation, shall be calculated on a calendar year basis and shall equal the difference between (i) the Revolving Line, and (ii) the average for the period of the daily closing balance of the Revolving Line outstanding; provided, however, if, for any quarterly period, the average for such period of the daily closing balance of Advances outstanding is at least Five Million Dollars ($5,000,000.00), the Unused Revolving Line Facility Fee for such quarterly period shall be Zero Dollars ($0.00).

Unused Revolving Line Facility Fee is defined in Section 2.4(b). “Warrant” is, collectively, that certain Warrant to Purchase Stock dated as of October 29, 2010 executed by Borrower in favor of Bank, and that certain Warrant to Purchase Stock dated as of August 14, 2013 executed by Borrower in favor of Bank.

Unused Revolving Line Facility Fee is defined in Section 2.3(d).” 13 The Compliance Certificate attached as Exhibit C to the Loan Agreement shall be deleted in its entirety and replaced with the Compliance Certificate set forth on Schedule 1 hereto.