Common use of Non-Use Fee Clause in Contracts

Non-Use Fee. In connection with Loan Facility B, Borrower agrees to pay Lender an additional fee when the outstanding principal balance is less than the Maximum Principal Balance available. This fee will be equal to 0.50% per annum, based upon a 360 day year, calculated on the difference between the Maximum Principal Balance and the daily outstanding principal balance. The fee shall be calculated, due and payable quarterly in arrears, beginning January 1, 2022.

Non-Use Fee. In connection with Loan Facility BA, Borrower agrees to pay Lender an additional fee when the outstanding principal balance is less than the Maximum Principal Balance availableBalance. This fee will be equal to 0.500.25% per annum, based upon a 360 day year, calculated on the difference between the Maximum Principal Balance and the daily outstanding principal balance. The fee shall be calculated, due and payable quarterly in arrears, beginning January 1, 2022.

Non-Use Fee. In connection with Loan Facility BA, Borrower agrees to pay Lender an additional fee when the outstanding principal balance is less than the Maximum Principal Balance availableBalance. This fee will be equal to 0.500.25% per annum, based upon a 360 360-day year, calculated on the difference between the Maximum Principal Balance and the daily outstanding principal balance. The fee shall be calculated, due and payable quarterly in arrears, beginning January 1, 2022continuing through the maturity date.

Non-Use Fee. In connection with Loan Facility B, Borrower ▇▇▇▇▇▇▇▇ agrees to pay Lender ▇▇▇▇▇▇ an additional fee when the outstanding principal balance is less than the Maximum Principal Balance available. This fee will be equal to 0.50% per annum, based upon a 360 day year, calculated on the difference between the Maximum Principal Balance and the daily outstanding principal balance. The fee shall be calculated, due and payable quarterly in arrears, beginning January continuing October 1, 20222023.

Non-Use Fee. In connection with Loan Facility B, A (304761-069993-214088). Borrower agrees to pay Lender an additional fee when the outstanding principal balance is less than the Maximum Principal Balance availableBalance. This fee will be equal to 0.500.25% per annum, based upon a 360 360-day year, calculated on the difference between the Maximum Principal Balance and the daily outstanding principal balance. The fee shall be calculated, due and payable quarterly in arrears, beginning January 1, 2022continuing through the maturity date.