Common use of Usage Fee Clause in Contracts

Usage Fee. Borrower will pay hereafter on the last day of each calendar quarter for the period from and including the date the Line was established to and including the maturity date of the Line, a usage fee at a rate per annum of .25% of the average daily unused portion of the Line during such period. The Borrower may at any time upon written notice to the Bank permanently reduce the amount of the Line at which time the obligation of the Borrower to pay a usage fee shall thereupon correspondingly be reduced.

Usage Fee. Borrower will pay hereafter on the last day of each calendar quarter a usage fee for the period from and including the date the Line was established to and including the maturity date of the Line, a usage fee Line at a rate per annum of .25% of the average daily unused portion of the Line during such period. The Borrower (calculated on the basis of a year of 365 or 366 days as the case may at any time upon written notice to be), with the Bank permanently reduce the amount of the Line at which time the obligation of the Borrower to pay a accrued and unpaid usage fee shall thereupon correspondingly be reduced.being payable on the last day of each calendar quarter (beginning March 31, 1998) and on December 12,

Usage Fee. Borrower will pay hereafter on the last day of each calendar quarter a usage fee for the period from and including the date the Line was established to and including the maturity date of the Line, a usage fee Line at a rate per annum of .25% of the average daily unused portion of the Line during such period. The Borrower (calculated on the basis of a year of 365 or 366 days as the case may at any time upon written notice to be), with the Bank permanently reduce the amount of the Line at which time the obligation of the Borrower to pay a accrued and unpaid usage fee shall thereupon correspondingly be reduced.being payable on the last day of each calendar quarter (beginning December 31, 1998)

Usage Fee. Borrower will pay hereafter on September 30, 2002 and on the last day of each calendar quarter for the period from and including the date the Line was established to and including the maturity date of the Line, a usage fee at a rate per annum of .25% of the average daily unused portion of the Line during such period. The Borrower may at any time upon written notice to the Bank permanently reduce the amount of the Line at which time the obligation of the Borrower to pay a usage fee shall thereupon correspondingly be reduced.

Usage Fee. Borrower will pay hereafter on February 3, 1997 and on the last day of each calendar quarter for the period from and including the date the Line was established to and including the maturity date of the Line, a usage fee at a rate per annum of .25% of the average daily unused portion of the Line during such period. The Borrower may at any time upon written notice to the Bank permanently reduce the amount of the Line at which time the obligation of the Borrower to pay a usage fee shall thereupon correspondingly be reduced.