Unused Fee. In consideration of the Commitments of the Lenders hereunder, the Borrower agrees to pay to the Agent for the account of each Lender a fee (the "Unused Fee") on the Unused Revolving Committed Amount computed at a per annum rate for each day during the applicable Unused Fee Calculation Period (hereinafter defined) at a rate equal to the Applicable Percentage in effect from time to time. The Unused Fee shall commence to accrue on the Closing Date and shall be due and payable in arrears on the last business day of each March, June, September and December (and any date that the Revolving Committed Amount is reduced as provided in Section 3.4(a) and the Maturity Date) for the immediately preceding quarter (or portion thereof) (each such quarter or portion thereof for which the Unused Fee is payable hereunder being herein referred to as an "Unused Fee Calculation Period"), beginning with the first of such dates to occur after the Closing Date.
Appears in 2 contracts
Sources: 364 Day Credit Agreement (Lincare Holdings Inc), Credit Agreement (Lincare Holdings Inc)
Unused Fee. In consideration of the Commitments of the Lenders hereunder, the Borrower agrees to pay to the Agent for the account of each Lender a fee (the "“Unused Fee"”) on the Unused Revolving Committed Amount computed at a per annum rate for each day during the applicable Unused Fee Calculation Period (hereinafter defined) at a rate equal to the Applicable Percentage in effect from time to time. The Unused Fee shall commence to accrue on the Closing Date and shall be due and payable in arrears on the last business day of each March, June, September and December (and any date that the Revolving Committed Amount is reduced as provided in Section 3.4(a) and the Maturity Date) for the immediately preceding quarter (or portion thereof) (each such quarter or portion thereof for which the Unused Fee is payable hereunder being herein referred to as an "“Unused Fee Calculation Period"”), beginning with the first of such dates to occur after the Closing Date.
Appears in 1 contract
Unused Fee. In consideration of the Revolving Commitments of the Lenders hereunder, the Borrower agrees promises to pay to the Agent for the account of each Lender a fee (the "Unused Fee") on the Unused Revolving Committed Amount computed at a per annum rate for each day during the applicable Unused Fee Calculation Period (hereinafter defined) at a rate equal to the Applicable Percentage in effect from time to time. The Unused Fee shall commence to accrue on the Closing Effective Date and shall be due and payable in arrears on the last business day Business Day of each March, June, September and December (and on any date that the Revolving Committed Amount is reduced as provided in Section 3.4(a) and on the Maturity Date) for the immediately preceding quarter (or portion thereof) (each such quarter or portion thereof for which the Unused Fee is payable hereunder being herein referred to as an "Unused Fee Calculation Period"), beginning with the first of such dates to occur after the Closing Effective Date.
Appears in 1 contract
Unused Fee. In consideration of the Revolving Commitments of the Lenders hereunder, the Borrower agrees promises to pay to the Agent for the account of each Lender a fee (the "Unused Fee") on the Unused Revolving Committed Amount computed at a per annum rate for each day during the applicable Unused Fee Calculation Period (hereinafter defined) at a rate equal to the Applicable Percentage in effect from time to time. The Unused Fee shall commence to accrue on the Closing Date and shall be due and payable in arrears on the last business day Business Day of each March, June, September and December (and on any date that the Revolving Committed Amount is reduced as provided in Section 3.4(a) and on the Maturity Date) for the immediately preceding quarter (or portion thereof) (each such quarter or portion thereof for which the Unused Fee is payable hereunder being herein referred to as an "Unused Fee Calculation Period"), beginning with the first of such dates to occur after the Closing Date.
Appears in 1 contract
Sources: Credit Agreement (Longview Fibre Co)
Unused Fee. In consideration of the Revolving Commitments of the Lenders hereunder, the Borrower agrees to pay to the Agent for the account of each Lender a fee (the "Unused Fee") on the Unused Revolving Committed Amount computed at a per annum rate for each day during the applicable Unused Fee Calculation Period (hereinafter defined) at a rate equal to the Applicable Percentage in effect from time to timefor Unused Fees. The Unused Fee shall commence to accrue on the Closing Date and shall be due and payable in arrears on the last business day of each March, June, September and December (and any date that the Revolving Committed Amount is reduced as provided in Section 3.4(a) and the Maturity Date) for the immediately preceding quarter (or portion thereof) (each such quarter or portion thereof for which the Unused Fee is payable hereunder being herein referred to as an "Unused Fee Calculation Period"), beginning with the first of such dates to occur after the Closing Date.
Appears in 1 contract
Sources: Credit Agreement (Genicom Corp)
Unused Fee. In consideration of the Revolving Commitments of the Lenders hereunder, the Borrower agrees promises to pay to the Administrative Agent for the account of each Lender a fee (the "“Unused Fee"”) on the Unused Revolving Committed Amount computed at a per annum rate for each day during the applicable Unused Fee Calculation Period (hereinafter defined) at a rate equal to the tothe Applicable Percentage in effect from time to timePercentage. The Unused Fee shall commence to accrue on the Closing Date and shall be due and payable in arrears on the last business day Business Day of each March, June, September and December (and on any date that the Revolving Committed Amount is reduced as provided in Section 3.4(a) and on the Maturity Date) for the immediately preceding quarter (or portion thereof) (each such quarter or portion thereof for which the Unused Fee is payable hereunder being herein referred to as an "“Unused Fee Calculation Period"”), beginning with the first of such dates to occur after the Closing Date.
Appears in 1 contract
Unused Fee. In consideration of the Revolving Commitments of the Lenders hereunder, the Borrower agrees promises to pay to the Agent for the account of each Lender a fee (the "Unused Fee") on the Unused Revolving Committed Amount computed at a per annum rate for each day during the applicable Unused Fee Calculation Period (hereinafter defined) at a rate equal to the Applicable Percentage in effect from time to time. The Unused Fee shall commence to accrue on the Closing Initial Funding Date and shall be due and payable in arrears on the last business day Business Day of each March, June, September and December (and on any date that the Revolving Committed Amount is reduced as provided in Section 3.4(a) and on the Maturity Date) for the immediately preceding quarter (or portion thereof) (each such quarter or portion thereof for which the Unused Fee is payable hereunder being herein referred to as an "Unused Fee Calculation Period"), beginning with the first of such dates to occur after the Closing Initial Funding Date.
Appears in 1 contract
Sources: Credit Agreement (American Medical Systems Holdings Inc)
Unused Fee. In consideration of the Revolving Commitments of the Lenders hereunder, the Borrower agrees to pay to the Agent for the account of each Lender a fee (the "Unused Fee") on the Unused Revolving Committed Amount computed at a per annum rate for each day during the applicable Unused Fee Calculation Period (hereinafter defined) at a rate equal to the Applicable Percentage in effect from time to time. The Unused Fee shall commence to accrue on the Closing Date and shall be due and payable in arrears on the last business day of each March, June, September and December (and any date that the Revolving Committed Amount is reduced as provided in Section 3.4(a) and the Maturity Date) for the immediately preceding quarter (or portion thereof) (each such quarter or portion thereof for which the Unused Fee is payable hereunder being herein referred to as an "Unused Fee Calculation Period"), beginning with the first of such dates to occur after the Closing Date.
Appears in 1 contract
Sources: Credit Agreement (Simcala Inc)
Unused Fee. In consideration of the Commitments Revolving Commitment of the Lenders Lender hereunder, the Borrower agrees promises to pay to the Agent for the account of each Lender a fee (the "“Unused Fee"”) on the Unused Revolving Committed Amount computed at a per annum rate for each day during the applicable Unused Fee Calculation Period (hereinafter defined) at a rate equal to 0.125% on the Applicable Percentage in effect from time to timeUnused Revolving Committed Amount. The Unused Fee shall commence to accrue on the Closing Date and shall be due and payable in arrears on the first (1st) Business Day following the last business day Business Day of each March, June, September and December (and on any date that the Revolving Committed Amount is reduced as provided in Section 3.4(a) and on the Maturity Date) for the immediately preceding quarter (or portion thereof) (each such quarter or portion thereof for which the Unused Fee is payable hereunder being herein referred to as an "“Unused Fee Calculation Period"”), beginning with the first of such dates to occur after the Closing Date.
Appears in 1 contract
Sources: Credit Agreement (Immucor Inc)
Unused Fee. In consideration of the Revolving Commitments of the Lenders hereunder, the Borrower agrees promises to pay to the Agent for the account of each Lender a fee (the "“Unused Fee"”) on the Unused Revolving Committed Amount computed at a per annum rate for each day during the applicable Unused Fee Calculation Period (hereinafter defined) at a rate equal to the Applicable Percentage in effect from time to timethree and three-quarters tenths of one percent (0.375%). The Unused Fee shall commence to accrue on the Closing Date and shall be due and payable in arrears on the last business day Business Day of each March, June, September and December (and on any date that the Revolving Committed Amount is reduced as provided in Section 3.4(a) and on the Maturity Date) for the immediately preceding quarter (or portion thereof) (each such quarter or portion thereof for which the Unused Fee is payable hereunder being herein referred to as an "“Unused Fee Calculation Period"”), beginning with the first of such dates to occur after the Closing Date.
Appears in 1 contract
Unused Fee. In consideration of the Revolving Commitments of the Lenders hereunder, the Borrower agrees promises to pay to the Agent for the account of each Lender a fee (the "“Unused Fee"”) on the Unused Revolving Committed Amount computed at a per annum rate for each day during the applicable Unused Fee Calculation Period (hereinafter defined) at a rate equal to the Applicable Percentage in effect from time to timethree tenths of one percent (0.30%). The Unused Fee shall commence to accrue on the Closing Date and shall be due and payable in arrears on the last business day Business Day of each March, June, September and December (and on any date that the Revolving Committed Amount is reduced as provided in Section 3.4(a) and on the Maturity Date) for the immediately preceding quarter (or portion thereof) (each such quarter or portion thereof for which the Unused Fee is payable hereunder being herein referred to as an "“Unused Fee Calculation Period"”), beginning with the first of such dates to occur after the Closing Date.
Appears in 1 contract
Unused Fee. In consideration of the Commitments of the Lenders hereunder, the Borrower agrees to pay to the Agent for the account of each Lender a fee (the "Unused Fee") on the Unused Revolving Committed Amount computed at a per annum rate for each day during the applicable Unused Fee Calculation Period (hereinafter defined) at a rate equal to the Applicable Percentage in effect from time to time. The Unused Fee shall commence commenced to accrue on the Closing Date September 30, 1996 and shall be is due and payable in arrears on the last business day of each March, June, September and December (and any date that the Revolving Committed Amount is reduced as provided in Section 3.4(a) and the Maturity Termination Date) for the immediately preceding quarter (or portion thereof) (each such quarter or portion thereof for which the Unused Fee is payable hereunder being herein referred to as an "Unused Fee Calculation Period"), beginning with the first of such dates to occur after the Closing Date.
Appears in 1 contract
Unused Fee. In consideration of the Commitments of the Lenders hereunder, the Borrower agrees to pay to the Agent for the account of each Lender a fee (the "Unused Fee") on the Unused Revolving Committed Amount computed at a per annum rate for each day during the applicable Unused Fee Calculation Period (hereinafter defined) at a rate equal to the Applicable Percentage in effect from time to time. The Unused Fee shall commence to accrue on the Closing Date and shall be due and payable in arrears on the last business day of each March, June, September and December (and any date that the Revolving Committed Amount is reduced as provided in Section 3.4(a) and the Maturity Termination Date) for the immediately preceding quarter (or portion thereof) (each such quarter or portion thereof for which the Unused Fee is payable hereunder being herein referred to as an "Unused Fee Calculation Period"), beginning with the first of such dates to occur after the Closing Date.
Appears in 1 contract
Unused Fee. In consideration of the Revolving Commitments of the Lenders hereunder, the Borrower agrees promises to pay to the Agent for the account of each Lender a fee (the "“Unused Fee"”) on the Unused Revolving Committed Amount computed at a per annum rate for each day during the applicable Unused Fee Calculation Period (hereinafter defined) at a rate equal to the Applicable Percentage in effect from time to time. The Unused Fee shall commence to accrue on the Closing Date and shall be due and payable in arrears on the first Business Day following the last business day Business Day of each March, June, September and December (and on any date that the Revolving Committed Amount is reduced as provided in Section 3.4(a) and on the Maturity Date) for the immediately preceding quarter (or portion thereof) (each such quarter or portion thereof for which the Unused Fee is payable hereunder being herein referred to as an "“Unused Fee Calculation Period"”), beginning with the first of such dates to occur after the Closing Date.
Appears in 1 contract
Sources: Credit Agreement (Healthtronics Surgical Services Inc)
Unused Fee. In consideration of the Revolving Commitments of the Lenders hereunder, the Borrower agrees to pay to the Agent for the account of each Lender a fee (the "Unused Fee") on the Unused Revolving Committed Amount computed at a per annum rate for each day during the applicable Unused Fee Calculation Period (hereinafter defined) at a rate equal to the Applicable Percentage in effect from time to time. The Unused Fee shall commence to accrue on the Closing Date and shall be due and payable in arrears on the last business day of each March, June, September and December (and any date that the Revolving Committed Amount is reduced as provided in Section 3.4(a) 3.4 and the Maturity Termination Date) for the immediately preceding quarter (or portion thereof) (each such quarter or portion thereof for which the Unused Fee is payable hereunder being herein referred to as an "Unused Fee Calculation Period"), beginning with the first of such dates to occur after the Closing Date.
Appears in 1 contract
Sources: Credit Agreement (Airgas Inc)