Non-Utilization Fee. The Borrowers shall pay to the Lender on the first Funding Date of each Month and the Maturity Date a fee (the “Non-Utilization Fee”) equal to 0.35% per annum on the average amount, calculated on a daily basis, by which the Commitment exceeded, during the prior Month, the Revolving Loan.
Appears in 2 contracts
Sources: Loan and Security Agreement (BioScrip, Inc.), Loan and Security Agreement (BioScrip, Inc.)
Non-Utilization Fee. The Borrowers Borrower shall pay to the Lender on the first Funding Date of each Month and the Maturity Date month a fee (the “"Non-Utilization Fee”") equal to 0.350.50% per annum on the average amount, calculated on a daily basis, by which the Revolving Commitment exceeded, exceeded the outstanding amount of the Revolving Loan during the prior Month, the Revolving Loan.
Appears in 2 contracts
Sources: Loan and Security Agreement (Physicians Clinical Laboratory Inc), Loan and Security Agreement (Nu Tech Bio Med Inc)
Non-Utilization Fee. The Borrowers shall pay to the Lender on the first Funding Date Business Day of each Month and the Maturity Date a fee (the “"Non-Utilization Fee”") equal to 0.350.50% per annum on the average amount, calculated on a daily basis, by which the Revolving Commitment exceeded, exceeded the Revolving Loan during the prior Month, the Revolving Loan.
Appears in 1 contract
Sources: Loan and Security Agreement (Matria Healthcare Inc)
Non-Utilization Fee. The Borrowers Borrower shall pay to the Lender on the first Funding Date of each Month and the Maturity Date month a fee (the “"Non-Utilization Fee”") equal to 0.350.375% per annum on the average amount, calculated on a daily basis, by which the Revolving Commitment exceeded, exceeded the outstanding amount of the Revolving Loan during the prior Month, the Revolving Loan.
Appears in 1 contract
Sources: Loan and Security Agreement (Community Care of America Inc)
Non-Utilization Fee. The Borrowers shall pay to the Lender on the first Funding Date of each Month and the Maturity Date month a fee (the “"Non-Utilization Fee”") equal to 0.35an annual rate of 0.375% per annum on the average amount, calculated on a daily basis, by which the Revolving Commitment exceeded, exceeds the outstanding amount of the Loan during the prior Month, the Revolving Loanmonth.
Appears in 1 contract
Sources: Loan and Security Agreement (Perennial Health Systems Inc)
Non-Utilization Fee. The Borrowers Borrower shall pay to the Lender on the first Funding Date of each Month and the Maturity Date month a fee (the “Non-Utilization Fee”) equal to 0.350.375% per annum on the average amount, calculated on a daily basis, by which the Revolving Commitment exceeded, exceeded the Revolving Loan during the prior Month, the Revolving Loan.
Appears in 1 contract
Non-Utilization Fee. The Borrowers Borrower shall pay to the Lender on the first Funding Date of each Month and the Maturity Date month a fee (the “Non"NON-Utilization Fee”UTILIZATION FEE") equal to 0.350.50% per annum on the average amount, calculated on a daily basis, by which the Revolving Commitment exceeded, exceeded the Revolving Loan during the prior Month, the Revolving Loan.
Appears in 1 contract