Unused Commitment Fees. The Borrower shall pay to the Agent, for the period from and including the Commitment Closing Date to the Revolving Termination Date, for the account of each Bank an unused-commitment fee at the rate of 0.50% per annum on the average daily amount by which the Combined Commitments exceeds the aggregate amount of all Loans outstanding from time to time. Such commitment fee shall be payable in arrears on the last Business Day of each calendar quarter and on the Revolving Termination Date.
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Sources: Credit Agreement (Gentle Dental Service Corp), Credit Agreement (Gentle Dental Service Corp)
Unused Commitment Fees. The From and following the Closing Date, Borrower shall pay to the Agent, for the period from and including the Commitment Closing Date ratable distribution to the Revolving Termination DateLenders, for a fee in an amount equal to (1) the account of each Bank an unused-commitment fee at the rate of 0.50% per annum on the average daily amount Available Commitment multiplied by which the Combined Commitments exceeds the aggregate amount of all Loans outstanding from time to time(2) 25 Bps. Such commitment fee shall is to be payable paid quarterly in arrears on the last Business Day day of each calendar quarter and on the Revolving Termination Maturity Date.
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