Revolver Commitment Fee. Borrower shall pay to Administrative Agent for the account of each Revolver Lender in accordance with its Commitment Percentage, a commitment fee equal to the Applicable Percentage times the daily amount by which the Revolver Commitment exceeds the Revolver Commitment Usage (excluding from Revolver Commitment Usage, for the purposes hereof, the outstanding principal balance of Swing Line Loans). The commitment fee shall accrue at all times from the Closing Date to the Termination Date for the Revolver Facility, including at any time during which one or more of the conditions in Section 7 is not met, and shall be due and payable quarterly in arrears on each Quarterly Date, commencing with the first such date to occur after the Closing Date, and on the Termination Date for the Revolver Facility. The commitment fee shall be calculated quarterly in arrears on the basis of the actual days elapsed (including the first day but excluding the last day) in a calendar year of 360 days, and if there is any change in the Applicable Percentage during any quarter, the actual daily amount shall be computed and multiplied by the Applicable Percentage separately for each period during such quarter that such Applicable Percentage was in effect.
Revolver Commitment Fee. The Borrower agrees to pay to the Administrative Agent, for the pro rata account of each Revolving Lender (other than each Revolving Lender that is a Defaulting Lender), for the period (including any portion thereof when the Revolving Loan Commitment is suspended by reason of the Borrower’s inability to satisfy any condition of Article V) commencing on the Effective Date and continuing through the Revolving Loan Commitment Termination Date, a commitment fee (the “Revolver Commitment Fee”) at the Applicable Margin on such Lender’s Percentage of the average daily unused portion of the Revolving Loan Commitment Amount (calculated for the Swingline Lender as all Revolving Loan Commitment Amounts, minus the aggregate outstanding principal of all Revolving Loans, minus the aggregate outstanding principal of all Swingline Loans, minus the face amount of each outstanding Letter of Credit; and calculated for all Lenders other than the Swingline Lender as all Revolving Loan Commitment Amounts minus the aggregate outstanding principal of all Revolving Loans minus the face amount of each outstanding Letter of Credit) during the quarter ending immediately prior to the applicable Quarterly Payment Date (without taking into account that portion of Revolving Loan Commitment Amount attributable to such Defaulting Lender). Such commitment fees are non-refundable and shall be payable by the Borrower in arrears on each Quarterly Payment Date, commencing with the first Quarterly Payment Date following the Effective Date, and on the Revolving Loan Commitment Termination Date.
Revolver Commitment Fee. Subject to Section 11.08 hereof, the Borrower shall pay to Administrative Agent for the account of Lenders pro rata in accordance with each Lender's Revolver Specified Percentage, a commitment fee (the "Revolver Commitment Fee") equal to 0.500% per annum on the average daily amount of the difference between (i) the Revolver Commitment and (ii) the sum of (A) all outstanding Revolver Advances and (B) the face amount of all outstanding Letters of Credit, payable in arrears on each Quarterly Date commencing with the first Quarterly Date after the Closing Date, and continuing until the Maturity Date.
Revolver Commitment Fee. The Borrower agrees to pay to the Agent, for the PRO RATA account of each Lender, for the period (including any portion thereof when the Revolving Loan Commitments are suspended by reason of the Borrower's inability to satisfy any condition of ARTICLE V) commencing on the Effective Date and continuing through the Revolving Loan Commitment Termination Date, a commitment fee at the rate of 1/2 of 1% per annum on such Lender's Percentage of the sum of the average daily undrawn and unused portion of the Revolving Loan Commitment Amount. Such commitment fees shall be payable by the Borrower in arrears on each Quarterly Payment Date, commencing with the first Quarterly Payment Date following the Effective Date, and on the Revolving Loan Commitment Termination Date.
Revolver Commitment Fee. The Borrower agrees to pay the Agent, for the benefit of the Banks in proportion to their respective Commitment Fee Pro Rata Shares, commitment fees (the "Commitment Fees") for the period from and including October 11, 1996 to and excluding the Revolving Loan Commitment Termination Date, equal to the average of the daily excess of the Revolving Loan Commitments (as reduced pursuant to Section 2.4C hereof) over the aggregate principal amount of Revolving Loans plus the Letter of Credit Usage multiplied by the Applicable Revolver Commitment Fee per annum. The Commitment Fees shall be calculated on the basis of a 360-day year and the actual number of days elapsed and shall be payable quarterly in arrears on the last day of each Fiscal Quarter, commencing on the first such day to occur after October 11, 1996, and on the Revolving Loan Commitment Termination Date. The Borrower shall have no liability to any Banks for any Commitment Fees paid to the Agent which the Agent does not properly remit to such Banks, and any such Bank's sole remedy in respect thereof shall be against the Agent. The Applicable Revolver Commitment Fee in effect for the Pricing Period commencing on the first day of each Fiscal Quarter and continuing for the term of the Fiscal Quarter that begins on such first day of the Fiscal Quarter shall be the Applicable Revolver Commitment Fee corresponding to the Pricing Level in effect for such period, as applicable: Applicable Revolver Pricing Level Commitment Fee Pricing Level I .175% Pricing Level II .200% Pricing Level III .225%
Revolver Commitment Fee. Subject to Section 11.08 hereof, the Borrower shall pay to Administrative Agent for the account of Lenders pro rata in accordance with each Lender's Revolver Specified Percentage, a commitment fee (the "Revolver Commitment Fee") equal to 0.375% per annum on the average daily amount of the Unused Facility Amount, payable in arrears on each Quarterly Date commencing with the first Quarterly Date after the Closing Date, and continuing until the Maturity Date.
Revolver Commitment Fee. Accruing from the date hereof until the Revolving Line Termination Date, Borrowers agree to pay to the Lender, as consideration for the Lender’s commitment to make Revolver Advances hereunder, a nonrefundable commitment fee (the “Revolver Commitment Fee”) equal to 0.25% per annum (computed on the basis of a year of 360 days and actual days elapsed) on the average daily difference between the amount of: (a) $1,000,000, and (b) all Revolver Advances outstanding for the quarterly period then ended. All Revolver Commitment Fees shall be payable quarterly in arrears on the first day of each October, January, April, and July after the date hereof and on the Revolving Line Termination Date or upon acceleration of the Revolving Line of Credit Note, if earlier. The Revolver Commitment Fee shall be prorated for the period from the Closing Date to October 1, 2012.
Revolver Commitment Fee. The Borrower shall pay to the Administrative Agent for account of each Revolving Lender a commitment fee, which shall accrue at a rate of 0.50% per annum on the daily average unused amount of such Revolving Lender’s Revolving Commitment, during the period from and including the Closing Date to but excluding the Revolving Commitment Termination Date. Accrued commitment fees shall be payable in arrears on each Quarterly Date and on the earlier of the date the relevant Revolving Commitment is permanently reduced in accordance with the terms of this Agreement and the Revolving Commitment Termination Date, commencing on the first such date to occur after the Closing Date. All commitment fees shall be computed on the basis of a year of 360 days and shall be payable for the actual number of days elapsed (including the first day but excluding the last day).
Revolver Commitment Fee. The Borrowers shall pay to the Administrative Agent, for the account of each Revolving Credit Lender in accordance with its Applicable Revolving Credit Percentage, a revolver commitment fee (“Revolver Commitment Fee”) equal to 0.50% per annum times the actual daily amount by which the Revolving Credit Facility exceeds the Consolidated Revolving Credit Outstandings (other than Swing Loans). The Revolver Commitment Fee shall accrue at all times during the Availability Period, including at any time during which one or more of the conditions in Article IV is not met, and shall be due and payable quarterly in arrears on the first Business Day after the end of each March, June, September and December, commencing with the first such date to occur after the Amendment Effective Date, and on the last day of the Availability Period for the Revolving Credit Facility.
Revolver Commitment Fee. The Borrower shall pay to the Administrative Agent, for the ratable account of each Revolver Lender, a non-refundable fee (the "Commitment Fee") on the aggregate daily unutilized portion of the Available Revolver Commitments from the Closing Date to and including the earlier of the termination of the Revolver Commitments or the Expiration Date, at the rate of one-half of one percent (1/2%) (computed on the basis of the actual number of days elapsed over a 365-366 day year), payable quarterly on each Quarterly Date, without setoff, deduction or counterclaim, with a final payment at the maturity of the Revolver Notes, whether by payment, prepayment, acceleration or otherwise.
