Common use of Utilization Fees Clause in Contracts

Utilization Fees. (i) If on any day the sum of the aggregate outstanding principal amount of all Loans to the Borrowers plus the L/C Obligations then outstanding exceeds the product of (A) one-half (1/2) times (B) the Revolving Loan Commitment, each Borrower shall pay to the Administrative Agent, for the pro rata benefit of each Lender, a per annum fee equal to the Applicable Percentage for Utilization Fees multiplied by such Borrower’s outstanding Loans plus the L/C Obligations then outstanding (the “Utilization Fees”).

Utilization Fees. (i) If on any day the sum of the aggregate outstanding principal amount of all Loans to the Borrowers plus the L/C Obligations then outstanding exceeds the product of (A) one-half (1/2third ( 1/3) times (B) the Revolving Loan Commitment, each Borrower shall pay to the Administrative Agent, for the pro rata benefit of each Lender, a per annum fee equal to the Applicable Percentage for Utilization Fees multiplied by such Borrower’s outstanding Eurodollar Revolving Loans plus the L/C Obligations then outstanding (the “Utilization Fees”).

Utilization Fees. (i) If on any day the sum of the aggregate outstanding principal amount of all Loans to the Borrowers plus the L/C Obligations then outstanding exceeds the product of (A) one-half third (1/21/3) times (B) the Revolving Loan Commitment, each Borrower shall pay to the Administrative Agent, for the pro rata benefit of each Lender, a per annum fee equal to the Applicable Percentage for Utilization Fees multiplied by such Borrower’s outstanding Loans plus the L/C Obligations then outstanding (the “Utilization Fees”).

Utilization Fees. (i) If on any day the sum of the aggregate outstanding principal amount of all Revolving Loans to the Borrowers plus the L/C Obligations then outstanding and Competitive Bid Loans exceeds the product of (A) one-half (1/2) 50% times (B) the Revolving Loan Commitmentaggregate amount of Commitments then in effect, each the Borrower shall agrees to pay to the Administrative Agent, for the pro rata benefit of each Lender, a per annum fee equal to the Applicable Percentage for Utilization Fees multiplied by such Borrower’s outstanding Loans plus the L/C Obligations then outstanding Utilized Revolving Loan Commitment (the “"Utilization Fees”").

Utilization Fees. (i) If on any day the sum of the aggregate outstanding principal amount of all Revolving Loans to the Borrowers and Competitive Bid Loans plus the L/C Obligations then outstanding amount of Letters of Credit Outstanding on such day exceeds the product of (A) one-half (1/2) 50% times (B) the Revolving Loan Commitmentaggregate amount of Commitments then in effect, each the Borrower shall agrees to pay to the Administrative Agent, for the pro rata benefit of each Lender, a per annum fee equal to the Applicable Percentage for Utilization Fees multiplied by such Borrower’s outstanding Loans plus the L/C Obligations then outstanding Utilized Revolving Loan Commitment (the “Utilization Fees”).