Applicable Commitment Fee Percentage definition

Applicable Commitment Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.15(C)(i) hereof determined in accordance with the provisions of Section 2.15(D)(ii) hereof.
Applicable Commitment Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.14(C) hereof determined in accordance with the provisions of Section 2.14(D)(ii) hereof.
Applicable Commitment Fee Percentage means 0.50% per annum.

Examples of Applicable Commitment Fee Percentage in a sentence

  • If after a reasonable time (not to exceed 90 days) the parties cannot agree to a mutually acceptable amendment, the Applicable Margin and the Applicable Commitment Fee Percentage shall be determined by reference to Level V.


More Definitions of Applicable Commitment Fee Percentage

Applicable Commitment Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.15(c)(i) hereof determined in accordance with the provisions of Section 2.15(d)(ii) hereof.
Applicable Commitment Fee Percentage means 0.250% per annum.
Applicable Commitment Fee Percentage means one quarter of one percent (1/4%) per annum.
Applicable Commitment Fee Percentage means, as of any date, with respect to the Commitment Fee as of any date, the percentage per annum determined by reference to the applicable Rating Category as set forth on Schedule I; provided, that a change in the Applicable Commitment Fee Percentage resulting from a change in the Rating Category shall be effective on the day on which any rating agency changes its rating and shall continue until the day prior to the day that a further change becomes effective. Notwithstanding the foregoing, the Applicable Commitment Fee Percentage for the Commitment Fee from the Closing Date until the first change in the applicable Rating Category after the Closing Date shall be at Level III as set forth on Schedule I.
Applicable Commitment Fee Percentage means, on any day, the applicable per annum percentage set forth at the appropriate intersection in the table shown below, based on the Consolidated Leverage Ratio for the Rolling Period ending on the most recent Quarterly Date with respect to which the Company is required to deliver the Current Information: ------------------------------------------------------------ Leverage Ratio Commitment Fee Percentage ------------------------------------------------------------ Greater than or equal to 4.00 .500% ------------------------------------------------------------ Greater than or equal to 2.00 but .375% less than 4.00 ------------------------------------------------------------ Less than 2.00 .300% ------------------------------------------------------------ Each change in the Applicable Commitment Fee Percentage based on a change in the Current Information shall be effective on the date on which the Current Information is received by the Administrative Agent and shall remain in effect until the next change to be effected pursuant to this paragraph. Notwithstanding the foregoing, (a) the initial Applicable Commitment Fee Percentage will be .500% from the Closing Date through the date the Current Information for the second full Fiscal Quarter after the Closing Date is received by the Administrative Agent, and (b) if at any time the Company fails to deliver Current Information on or before the date required pursuant to Section 5.2 (without regard to grace periods), the Applicable Commitment Fee Percentage will be .500% from the date such Current Information is due pursuant to Section 5.2 (without regard to grace periods) through the date the Administrative Agent receives all Current Information then due pursuant to Section 5.2.
Applicable Commitment Fee Percentage means, with respect to any Margin Period, the applicable percentage set forth below:
Applicable Commitment Fee Percentage means that as set forth in Section 2.05(i) hereof.