Common use of Utilization Fees Clause in Contracts

Utilization Fees. At any time that Total Utilization equals or exceeds 50% of the total Commitments outstanding, the Borrower shall pay fees (the “Utilization Fees”) to the Agent for the account of the Banks (in according with their respective Percentages) in an amount determined by applying 0.10% per annum to an amount equal to the excess of Total Utilization over 50% of the total Commitments.

Utilization Fees. At any time that Total Utilization equals or exceeds 50% of the total Commitments outstanding, the Borrower shall pay fees (the “"Utilization Fees”") to the Agent for the account of the Banks (in according with their respective Percentages) in an amount determined by applying 0.10% per annum to an amount equal to the excess of Total Utilization over 50% of the total Commitments.

Utilization Fees. At any time that Total Utilization the outstanding Loans equals or exceeds 50% of the total Commitments Commitment outstanding, the Borrower shall pay fees (the “Utilization Fees”) to the Agent for the account of the Banks (in according with their respective Percentages) Bank in an amount determined by applying 0.10% per annum to an amount equal to the excess of Total Utilization the outstanding Loans over 50% of the total CommitmentsCommitment.