Utilization Fee. The Borrower shall pay to the Administrative Agent for the account of each Lender in accordance with its Pro Rata Share, a utilization fee equal to the Applicable Rate multiplied by the actual daily aggregate Outstanding Amount of Loans and L/C Obligations on each day that such aggregate Outstanding Amount exceeds 50.00% of the Aggregate Commitments. The utilization fee shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the Closing Date, and on the Maturity Date. The utilization fee shall be calculated quarterly in arrears. The utilization fee shall accrue at all times, including at any time during which one or more of the conditions in Article IV is not met.
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Utilization Fee. The Borrower Company shall pay to the Administrative Agent for the account of each Lender in accordance with its Pro Rata ShareApplicable Percentage, a utilization fee in Dollars equal to the Applicable Rate multiplied by times the actual daily aggregate Outstanding Amount of Loans and L/C Obligations Total Outstandings on each day that such aggregate Outstanding Amount exceeds 50.00the Total Outstandings exceed 50% of the actual daily amount of the Aggregate CommitmentsCommitments then in effect (or, if terminated, in effect immediately prior to such termination). The utilization fee shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the Closing Date, and on the Maturity Date. The utilization fee shall be calculated quarterly in arrears. The utilization fee shall accrue at all times, including at any time during which one or more of the conditions in Article IV is not met.
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Sources: Credit Agreement (Avnet Inc)
Utilization Fee. The Borrower shall pay to the Administrative Agent for the account of each Lender in accordance with its Pro Rata Share, a utilization fee equal to the Applicable Rate multiplied by times the actual daily aggregate Outstanding Amount of Loans and L/C Obligations Total Outstandings on each day that such aggregate Outstanding Amount exceeds 50.00the Total Outstandings exceed 33% of the actual daily amount of the Aggregate Commitments. The utilization fee shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the Closing Date, and on the Maturity Date. The utilization fee shall be calculated quarterly in arrears. The utilization fee shall accrue at all times, including at any time during which one or more of the conditions in Article IV is not met.
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Utilization Fee. The Borrower shall pay to the Administrative Agent for the account of each Lender in accordance with its Pro Rata ShareApplicable Percentage, a utilization fee equal to in US Dollars of 0.125% per annum times the Applicable Rate multiplied by the actual daily aggregate Outstanding Amount of Loans and L/C Obligations Total Outstandings on each day that such aggregate Outstanding Amount exceeds 50.00the Total Outstandings exceed 50% of the actual daily amount of the Aggregate CommitmentsCommitments then in effect (or, if terminated, in effect immediately prior to such termination). The utilization fee shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the Closing Date, and on the Maturity Date. The utilization fee shall be calculated quarterly in arrears. The utilization fee shall accrue at all times, including at any time during which one or more of the conditions in Article IV is not met.
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Utilization Fee. The Borrower shall pay to the Administrative Agent for the account of each Lender in accordance with its Pro Rata Share, a utilization fee equal to the Applicable Rate multiplied by times the actual daily aggregate Outstanding Amount of Loans and L/C Obligations on each day that such aggregate Outstanding Amount exceeds 50.0050% of the Aggregate Commitments. The utilization fee payable to each Lender shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the Closing Date, and on the Maturity DateDate for such Lender. The utilization fee shall be calculated quarterly in arrears. The utilization fee shall accrue at all times, including at any time during which one or more of the conditions in Article IV is not met.
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Utilization Fee. The Borrower shall pay to the Administrative Agent for the account of each Lender in accordance with its Pro Rata Share, a utilization fee equal to the Applicable Rate multiplied by the actual daily aggregate Outstanding Amount of Loans and L/C Obligations on each day that such aggregate Outstanding Amount exceeds 50.0033% of the Aggregate Commitments. The utilization fee shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the Closing Date, and on the Maturity Date. The utilization fee shall be calculated quarterly in arrears. The utilization fee shall accrue at all times, including at any time during which one or more of the conditions in Article IV is not met.
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Utilization Fee. The Borrower shall pay to the Administrative Agent --------------- for the account of each Lender in accordance with its Pro Rata Share, a utilization fee equal to the Applicable Rate multiplied by times the actual daily aggregate Outstanding Amount of Loans and L/C Obligations on each day that such aggregate Outstanding Amount exceeds 50.0050% of the Aggregate Commitments. The utilization fee shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the Closing Conditions Effective Date, and on the Maturity Date. The utilization fee shall be calculated quarterly in arrears. The utilization fee shall accrue at all times, including at any time during which one or more of the conditions in Article IV is not met.
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Utilization Fee. The Borrower Borrowers shall pay to the Administrative Agent for the account of each Lender in accordance with its Pro Rata ShareApplicable Percentage, a utilization fee equal to in Dollars of 0.125% per annum times the Applicable Rate multiplied by the actual daily aggregate Outstanding Amount of Loans and L/C Obligations Total Outstandings on each day that such aggregate Outstanding Amount exceeds 50.00the Total Outstandings exceed 50% of the actual daily amount of the Aggregate CommitmentsCommitments then in effect (or, if terminated, in effect immediately prior to such termination). The utilization fee shall be due and payable quarterly in arrears on the last fifth Business Day of after ACS receives a written notice therefor from the Administrative Agent in each March, June, September and December, commencing with the first such date to occur after the Closing Date, and on the Maturity Date. The utilization fee shall be calculated quarterly in arrears. The utilization fee shall accrue at all times, including at any time during which one or more of the conditions in Article IV Section 4 is not met.
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Utilization Fee. The Borrower shall pay to the Administrative Agent for the account of each Lender (including the Swing Line Lender) in accordance with its Pro Rata Shareratable share of Total Outstandings, a utilization fee equal to of 0.125% per annum times the Applicable Rate multiplied by the actual daily aggregate Outstanding Amount of Loans and L/C Obligations Total Outstandings on each day that such aggregate Outstanding Amount exceeds 50.00the Total Outstandings exceed 50% of the actual daily amount of the Aggregate CommitmentsCommitments then in effect (or, if terminated, in effect immediately prior to such termination). The utilization fee shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the Closing Date, and on the Maturity Date. The utilization fee shall be calculated quarterly in arrears. The utilization fee shall accrue at all times, including at any time during which one or more of the conditions in Article IV is not met.
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Sources: Credit Agreement (McClatchy Co)
Utilization Fee. The Borrower shall pay to the Administrative Agent for --------------- the account of each Lender in accordance with its Pro Rata Share, a utilization fee equal to the Applicable Rate multiplied by times the actual daily aggregate Outstanding Amount of Loans and L/C Obligations on each day that such aggregate Outstanding Amount exceeds 50.0050% of the Aggregate Commitments. The utilization fee shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the Closing Conditions Effective Date, and on the Maturity Date. The utilization fee shall be calculated quarterly in arrears. The utilization fee shall accrue at all times, including at any time during which one or more of the conditions in Article IV is not met.
Appears in 1 contract
Utilization Fee. The Borrower shall pay to the Administrative Agent for the account of each Lender in accordance with its Pro Rata ShareApplicable Percentage, a utilization fee equal to of 0.125% per annum times the Applicable Rate multiplied by the actual daily aggregate Outstanding Amount of Loans and L/C Obligations Total Outstandings on each day that such aggregate Outstanding Amount exceeds 50.00the Total Outstandings exceed 50% of the actual daily amount of the Aggregate CommitmentsCommitments then in effect (or, if terminated, in effect immediately prior to such termination). The utilization fee shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the Closing Date, and on the Maturity Date. The utilization fee shall be calculated quarterly in arrears. The utilization fee shall accrue at all times, including at any time during which one or more of the conditions in Article IV is not met.
Appears in 1 contract
Utilization Fee. The Borrower shall pay to the Administrative Agent for the account of each Lender in accordance with its Pro Rata ShareApplicable Percentage, a utilization fee in Dollars equal to the Applicable Rate multiplied by times the actual daily aggregate Outstanding Amount of Loans and L/C Obligations Total Outstandings on each day that such aggregate Outstanding Amount exceeds 50.00the Total Outstandings exceed 50% of the actual daily amount of the Aggregate CommitmentsCommitments then in effect (or, if terminated, in effect immediately prior to such termination). The utilization fee shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the Closing Date, and on the Maturity Datelast day of the Availability Period. The utilization fee shall be calculated quarterly in arrears. The utilization fee shall accrue at all times, including at any time during which one or more of the conditions in Article IV is not met.
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