Borrowers shall pay to Agent, for the Pro Rata benefit of Lenders, a fee equal to the Unused Line Fee Rate times the amount by which the Revolver Commitments exceed the average daily outstanding balance of Revolver Loans (excluding Swingline Loans) and stated amount of Letters of Credit during any month. Such fee shall be payable in arrears, on the first day of each Fiscal Quarter and on the Commitment Termination Date.
unused line fees