Examples of Applicable Commitment Fee Rate in a sentence
Notwithstanding the foregoing, Xxxxx shall not be liable for any fees under this Subsection (a) accruing on or after the Xxxxx Termination Date, and Market Services shall not be liable for fees under this subsection (a) over the amount of fees calculated at a rate per annum equal to (A) the Applicable Commitment Fee Rate times (B) the excess of $5,000,000 over the outstanding principal amount of Loans to Market Services.
The Parent agrees to pay to the Administrative Agent for the account of each Lender a commitment fee on the average daily unused amount of the Commitment of such Lender, which shall accrue at a rate per annum equal to the Applicable Commitment Fee Rate during the period from and including the Closing Date to but excluding the Commitment Termination Date.
Notwithstanding Section 4.1(a) of the Credit Agreement, from the date hereof through the date that the Credit Agreement Defaults are no longer in existence, the Applicable Commitment Fee Rate shall be 37.50 basis points.