Applicable Commitment Fee Percentage Sample Clauses
Applicable Commitment Fee Percentage. For any fiscal quarter or portion thereof, three-eighths of one percent (0.375%) per annum; PROVIDED, HOWEVER, that in the event that the ratio of Funded Debt (calculated as of the last day of such fiscal quarter or portion thereof) to EBITDA (calculated for the four consecutive fiscal quarters ending on the last day of such fiscal quarter or portion thereof) meets the requirements set forth in the chart below, the Applicable Commitment Fee Percentage shall, commencing with the date which is ten (10) days after any date on which the Borrower delivers to the Banks the financial statements referred to in ss.8.4(a) or (b) for such fiscal quarter or portion thereof and ending with the date nine (9) days after the next date on which the Borrower delivers to each of the Banks the financial statements referred to in ss.8.4(a) or (b), be the percentage set forth opposite the applicable ratio of Funded Debt to EBITDA in the table below: Ratio of Funded Debt to EBITDA Applicable Commitment Fee Percentage -------------------- ------------------------------------ Greater than or equal to 2.5:1.0 0.375% Greater than or equal to 2.0:1.0 0.275% but less than 2.5:1.0 Greater than or equal to 1.5:1.0 0.225% but less than 2.0:1.0 Less than 1.5:1.0 0.200% APPLICABLE EURODOLLAR RATE MARGIN. For any fiscal quarter or portion thereof within any Interest Period with respect to any Eurodollar Rate Loan, one and three-eighths percent (1.375%) per annum; PROVIDED, HOWEVER, that in the event that the ratio of Funded Debt (calculated as of the last day of such fiscal quarter or portion thereof) to EBITDA (calculated for the four consecutive fiscal quarters ending on the last day of such fiscal quarter or portion thereof) meets the requirements set forth in the chart below, the Applicable Eurodollar Rate Margin shall, commencing with (but not before) the date which is ten (10) days after the date on which the Borrower delivers to the Banks the financial statements referred to in ss.8.4(a) or (b) for such fiscal quarter or portion thereof and ending with the date which is nine (9) days after the next date on which the Borrower delivers to each of the Banks the financial statements referred to in ss.8.4(a) or (b), be the percentage set forth opposite the applicable ratio of Funded Debt to EBITDA in the table below: Ratio of Funded Debt Applicable Eurodollar to EBITDA Rate Margin -------------------- --------------------- Greater than or equal to 3.0:1.0 1.375% Greater than or equal to 2...
Applicable Commitment Fee Percentage. The definition of the term “Applicable Commitment Fee Percentage” contained in Section 1.1 of the Credit Agreement is hereby amended and restated effective on and as of March 14, 2008, to read as follows:
Applicable Commitment Fee Percentage. The definition of "Applicable Commitment Fee Percentage" is hereby deleted in its entirety and the following substituted in its stead:
Applicable Commitment Fee Percentage. Effective as of the Effective Date, the chart contained in the definition of the term “Applicable Commitment Fee Percentage” in Section 1.1 of the Credit Agreement is hereby deleted and the following chart is hereby inserted in lieu thereof: I Less than or equal to 1.00 to 1.0 0.125% II Greater than 1.00 to 1.0, but less than or equal to 1.50 to 1.0 0.150% III Greater than 1.50 to 1.0, but less than or equal to 2.0 to 1.0 0.200% IV Greater than 2.0 to 1.0, but less than or equal to 2.5 to 1.0 0.250% V Greater than 2.5 to 1.0, but less than or equal to 3.0 to 1.0 0.300% VI Greater than 3.0 to 1.0 0.350% In addition, effective as of the Effective Date, clause (b) to the proviso to the definition of “Applicable Commitment Fee Percentage” is hereby amended by deleting the words “Level V” and inserting in lieu thereof the words “Level VI”.
Applicable Commitment Fee Percentage. 5 applicable law...........................................................