(a) The Parent Borrower agrees to pay the Administrative Agent a commitment fee (the “ Commitment Fee ”) for the account of each Lender for the period from and including the date hereof to the earlier of (x) the date the Total Commitment terminates and (y) the Commitment Expiration Date, computed at the Commitment Fee Rate on the average daily amount of the Total Unutilized Commitment of such Lender during the period for which payment is made, payable quarterly in arrears on the last Business Day of each calendar quarter, commencing on the first such date to occur after the date hereof.