Common use of Unused Fees Clause in Contracts

Unused Fees. For each day during the term hereof, the Borrower shall pay a fee to the Administrative Agent for the pro rata benefit of the Revolving Lenders in an amount equal to the Daily Unused Fee for such day (all such fees incurred during any given calendar quarter constituting the “Unused Fees” for such quarter). The Unused Fees shall be payable quarterly in arrears on the first Business Day of each calendar quarter and on the Revolving Maturity Date for the Revolving Loans. .

Appears in 1 contract

Sources: Modification Agreement (Cole Credit Property Trust V, Inc.)

Unused Fees. For each day during the term hereof, the The Borrower shall pay a fee to the Administrative Agent for the pro rata benefit of the Revolving Lenders in an amount equal to the Daily Unused Fee for such day (all such fees incurred during any given calendar quarter constituting the "Unused Fees" for such quarter). The Unused Fees shall be payable quarterly in arrears on the first Business Day of each calendar quarter and on the Revolving Maturity Date for the Revolving Loans. .

Appears in 1 contract

Sources: Credit Agreement (Cole Office & Industrial REIT (CCIT III), Inc.)

Unused Fees. For each day during the term hereof, the Borrower shall pay a fee to the Administrative Agent for the pro rata benefit of the Revolving Lenders in an amount equal to the Daily Unused Fee for such day (all such fees incurred during any given calendar quarter month constituting the “Unused Fees” for such quartermonth). The Unused Fees shall be payable quarterly monthly in arrears on the first Business Day of each calendar quarter month and on as of the Revolving Maturity Date for the Revolving Loans. Date.

Appears in 1 contract

Sources: Credit Agreement (Cole Credit Property Trust Iv, Inc.)

Unused Fees. For each day during the term hereof, the Borrower shall pay a fee to the Administrative Agent for the pro rata benefit of the Revolving Lenders in an amount equal to the Daily Unused Fee for such day (all such fees incurred during any given calendar quarter constituting the “Unused Fees” for such quarter). The Unused Fees shall be payable quarterly in arrears on the first Business Day of each calendar quarter and on the Revolving Maturity Date for the Revolving Loans. .

Appears in 1 contract

Sources: Modification Agreement (Cole Credit Property Trust V, Inc.)

Unused Fees. For With respect to each day during the term hereofAvailability Period, the Borrower shall pay a fee to the Administrative Agent for the pro rata benefit of the Revolving Lenders in an amount equal to the Daily Unused Fee for such day (all such fees incurred during any given calendar quarter constituting the “Unused Fees” for such quarter). The Unused Fees shall be payable quarterly in arrears on the first Business Day after the end of each calendar quarter and on as of the Revolving Maturity Date for the Revolving Loans. Date.

Appears in 1 contract

Sources: Credit Agreement (Cole Corporate Income Trust, Inc.)