Unused Facility Fee. A quarterly Unused Facility Fee equal to one quarter of one percent (0.25%) per annum of the difference between the Revolving Line and the average outstanding principal balance of Advances during the applicable quarter, which fee shall be payable within five (5) days of the last day of each such quarter and shall be nonrefundable; and
Appears in 4 contracts
Samples: Loan and Security Agreement (Rocket Fuel Inc.), Loan and Security Agreement (Rocket Fuel Inc.), Loan and Security Agreement (Rocket Fuel Inc.)
Unused Facility Fee. A Commencing January 1, 2012, a quarterly Unused Facility Fee equal to one quarter of one percent (0.25%) per annum of the difference between the Revolving Line and the average outstanding principal balance of Advances thereunder during the applicable quarter, which fee shall be payable within five (5) days of the last day of each such quarter and shall be nonrefundable; and;
Appears in 3 contracts
Samples: Loan and Security Agreement (Natera, Inc.), Loan and Security Agreement (Natera, Inc.), Loan and Security Agreement (Natera, Inc.)
Unused Facility Fee. A quarterly An Unused Facility Fee equal to one quarter of one percent (0.25%) per annum of the difference between the Committed Revolving Line and the average outstanding principal balance of Advances during the applicable quarterObligations, including issued Letters of Credit under the Letter of Credit Sublimit, which fee shall be payable within five (5) days of the last day of each such calendar quarter and on the Revolving Maturity Date and such fee shall be nonrefundable; and.
Appears in 2 contracts
Samples: Loan and Security Agreement, Loan and Security Agreement (Masergy Communications Inc)
Unused Facility Fee. A quarterly Unused Facility Fee equal to one quarter of one percent (0.25%) per annum of the difference between the Revolving Line and the average outstanding principal balance of the Advances under the Revolving Line during the applicable quarter plus the average outstanding face amount of all Letters of Credit during the applicable quarter, which fee shall be payable in arrears within five (5) days of the last day of each such quarter and shall be nonrefundable; and
Appears in 2 contracts
Samples: Loan and Security Agreement (Wind Power Holdings Inc), Loan and Security Agreement (Wind Power Holdings Inc)
Unused Facility Fee. A quarterly Unused Facility Fee unused facility fee equal to one quarter of one percent (0.25%) per annum of the difference between the Revolving Line Amount and the average outstanding principal balance of Advances during the applicable quarter, which fee shall be payable in arrears within five (5) days of the last day of each such quarter and shall be nonrefundable; and, provided that in the event of an increase to the Revolving Line Amount in accordance with Section 2.1(d), the unused amount shall be ratably adjusted according to the amount of the increase and the number of days in such quarterly period that the increased amount was in effect.
Appears in 2 contracts
Samples: Loan and Security Agreement (CS Disco, Inc.), Loan and Security Agreement (CS Disco, Inc.)
Unused Facility Fee. A quarterly Unused Facility Fee equal to one one-quarter of one percent (0.25%) per annum of the difference between the Revolving Line and the average outstanding principal balance of the Advances under the Revolving Line during the applicable quarter, which fee shall be payable within five (5) days of in quarterly installments on the last day of each such calendar quarter, or, in the case of the quarter in which the Revolving Maturity Date falls, on the Revolving Maturity Date, and shall be nonrefundable; and;
Appears in 2 contracts
Samples: Loan and Security Agreement (Hubspot Inc), Loan and Security Agreement (Hubspot Inc)
Unused Facility Fee. A Beginning upon FDA Approval and at all times thereafter, a quarterly Unused Facility Fee equal to one quarter of one percent (0.25%) per annum of the difference between the Revolving Line and the average outstanding principal balance of the Advances during the applicable calendar quarter, which fee shall be payable in arrears within five (5) days of the last day of each such calendar quarter and shall be nonrefundable; and
Appears in 1 contract
Unused Facility Fee. A quarterly Unused Facility Fee equal to one quarter of one percent (0.25%) 0.20% per annum of the difference between the Revolving Line and the average outstanding principal balance of the Advances during the applicable quarter, which fee shall be payable in arrears within five (5) days of the last day of each such quarter and shall be nonrefundable; and.
Appears in 1 contract
Samples: Loan and Security Agreement (Everside Health Group, Inc.)
Unused Facility Fee. A quarterly Unused Facility Fee equal to one quarter fifteen hundredths of one percent (0.250.15%) per annum of the difference between the Revolving Line and the average outstanding principal balance of Advances the Obligations during the applicable quarter, which fee shall be payable in arrears within five (5) days of the last day of each such quarter and shall be nonrefundable; and
Appears in 1 contract
Unused Facility Fee. A quarterly Unused Facility Fee unused facility fee equal to one quarter of one percent (0.25%) per annum of the difference between the Revolving Line and the average outstanding principal balance of Advances the Obligations during the applicable quarter, which fee shall be payable within five (5) days of the last day of each such quarter and shall be nonrefundable; and.β
Appears in 1 contract
Samples: Loan and Security Agreement and Waiver and Consent (Neophotonics Corp)
Unused Facility Fee. A quarterly Unused Facility Fee unused facility fee equal to one quarter of one percent (0.25%) per annum of the difference between the Revolving Line and the average outstanding principal balance of the Advances during the applicable quarter, which fee shall be payable in arrears within five (5) days of the last day of each such quarter and shall be nonrefundable; and
Appears in 1 contract
Samples: Loan and Security Agreement (Interpace Biosciences, Inc.)
Unused Facility Fee. A quarterly Unused Facility Fee equal to one quarter of one percent (0.25%) per annum of the difference between the amount of the Revolving Line and the average outstanding principal balance of Advances the Revolving Line during the applicable quarter, which fee shall be shared between the Lenders in accordance with their respective Commitment Percentages, payable within five (5) days of the last day of each such quarter and shall be nonrefundable; and
Appears in 1 contract
Samples: Loan and Security Agreement (CareView Communications Inc)
Unused Facility Fee. A quarterly Unused Facility Fee equal to one quarter of one percent (0.25%) per annum of the difference between the maximum amount of the Revolving Line and the average outstanding principal balance of Advances the Obligations during the applicable quarter, which fee shall be payable within five (5) days of the last day of each such quarter and shall be nonrefundable; and
Appears in 1 contract
Unused Facility Fee. A quarterly Unused Facility Fee equal to one quarter of one percent forty-three and three-quarters (0.25%43.75) basis points per annum of the difference between the Committed Revolving Line and the average outstanding principal balance of the Advances under the Committed Revolving Line during the applicable quarter, which fee shall be payable within five (5) days of the last day of each such quarter and shall be nonrefundable; and
Appears in 1 contract
Unused Facility Fee. A quarterly Unused Facility Fee equal to one quarter of one percent (0.25%) per annum of the difference between the maximum amount of the Revolving Line and the average outstanding principal balance of the Advances under the Revolving Line during the applicable quarter, which fee shall be payable within five (5) days of the last day of each such quarter and shall be nonrefundable; and
Appears in 1 contract
