Unused Fees. The Borrower shall, beginning 60 days after the Closing Date, for each day until the earlier of (i) the date that initial Aggregate Commitments of $150,000,000 have been fully advanced, or (ii) December 29, 2016, pay to the Administrative Agent for the account of each Lender (in accordance with its Applicable Percentage), an unused fee (the “Unused Fee”) at a rate per annum equal to the Unused Rate times the actual daily amount of the unadvanced Aggregate Commitments. The Unused Fee shall be due and payable monthly in arrears on the 10th Business Day after the end of each calendar month, commencing with the first such date to occur after the Closing Date, and ending on the earlier of the dates set forth above. The Unused Fee shall be calculated monthly in arrears based on the applicable daily Unused Rate during each day of such month.
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Sources: Term Loan Agreement (STAG Industrial, Inc.), Term Loan Agreement (STAG Industrial, Inc.)
Unused Fees. The Borrower shall, beginning 60 sixty (60) days after the Closing Date, for each day until the earlier of (i) the date that initial Aggregate Commitments of $150,000,000 have been fully advanced, or (ii) December 29March 21, 20162015, pay to the Administrative Agent for the pro rata account of each Lender (in accordance with its such Lender’s Applicable Percentage), an unused fee (the “Unused Fee”) at a rate per annum equal to the Unused Rate times the actual daily amount of the unadvanced Aggregate Commitments. The Unused Fee shall be due and payable monthly in arrears on the 10th tenth (10th) Business Day after the end of each calendar month, commencing with the first such date to occur after the Closing Date, and ending on the earlier of the dates set forth above. The Unused Fee shall be calculated monthly in arrears arrears, based on the applicable daily Unused Rate during each day of such month.
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Unused Fees. The Borrower shall, beginning 60 sixty (60) days after the Closing Date, for each day until the earlier of (i) the date that initial Aggregate Commitments of $150,000,000 have been fully advanced, or (ii) December 2918, 20162015, pay to the Administrative Agent for the account of each Lender (in accordance with its Applicable Percentage), an unused fee (the “Unused Fee”) at a rate per annum equal to the Unused Rate times the actual daily amount of the unadvanced Aggregate Commitments. The Unused Fee shall be due and payable monthly in arrears on the 10th tenth (10th) Business Day after the end of each calendar month, commencing with the first such date to occur after the Closing Date, and ending on the earlier of the dates set forth above. The Unused Fee shall be calculated monthly in arrears arrears, based on the applicable daily Unused Rate during each day of such month.
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Unused Fees. The Borrower shall, beginning 60 days after the Closing Date, for each day until the earlier of (i) the date that initial Aggregate Commitments of $150,000,000 have been fully advanced, or (ii) December September 29, 2016, pay to the Administrative Agent for the account of each Lender (in accordance with its Applicable Percentage), an unused fee (the “Unused Fee”) at a rate per annum equal to the Unused Rate times the actual daily amount of the unadvanced Aggregate Commitments. The Unused Fee shall be due and payable monthly in arrears on the 10th Business Day after the end of each calendar month, commencing with the first such date to occur after the Closing Date, and ending on the earlier of the dates set forth above. The Unused Fee shall be calculated monthly in arrears based on the applicable daily Unused Rate during each day of such month.
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