CAPEX Loan Commitment Fee Clause Samples

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CAPEX Loan Commitment Fee. The Borrower shall pay to the Administrative Agent, for the ratable account of the Lenders according to their CapEx Loan Percentages, a commitment fee (the “CapEx Loan Commitment Fee”) in an amount equal to the aggregate undrawn CapEx Loan Commitment multiplied by one half of one percent (0.50%) per annum. The CapEx Loan Commitment Fee provided in this subsection 2.13(f) shall be payable monthly in arrears on the first day of each calendar month (commencing on the first such date occurring after the Restatement Effective Date) at all times from and after the Restatement Effective Date until the CapEx Loan Commitment Termination Date.
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CAPEX Loan Commitment Fee. The US Borrower shall pay to the Agent for distribution to the Lenders, pro-rata in accordance with their respective Percentages in the CAPEX Loan, the CAPEX Loan Commitment Fees, quarterly in arrears commencing January 1, 2019, and on the first day of each calendar quarter thereafter (in respect of the prior three months or any portion thereof). The CAPEX Loan Commitment Fees payable to each Lender shall be determined by multiplying the average daily amount by which such Lender’s CAPEX Loan Commitment Amount exceeds the sum of such Lender’s Percentage of the aggregate principal amount of CAPEX Loan Advances outstanding from time to time during such period by the Applicable Margin. Such fee shall be computed on the basis of a year of three hundred sixty (360) days and assessed for the actual number of days elapsed. Whenever any payment of such fee shall be due on a day which is not a Business Day, the date for payment thereof shall be extended to the next Business Day. Upon receipt of such payment, Agent shall make prompt payment to each Lender of its share thereof.
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Related to CAPEX Loan Commitment Fee

  • Revolving Credit Commitment Fee Borrower shall pay to Administrative Agent for the ratable account of the Lenders in accordance with their Revolver Percentages a commitment fee at the rate per annum equal to the Applicable Margin (computed on the basis of a year of 360 days and the actual number of days elapsed) on the average daily Unused Revolving Credit Commitments. Such commitment fee shall be payable quarterly in arrears on the last day of each March, June, September, and December in each year (commencing on the first such date occurring after the date hereof) and on the Revolving Credit Termination Date, unless the Revolving Credit Commitments are terminated in whole on an earlier date, in which event the commitment fee for the period to the date of such termination in whole shall be paid on the date of such termination.

  • Term Loan Commitment As to each Term Loan Lender, the amount equal to such Term Loan Lender’s Term Loan Commitment Percentage of the aggregate principal amount of the Term Loans from time to time outstanding to the Borrower.

  • Revolving Loan Commitment Each Lender with a Revolving Loan Commitment agrees to make loans on a revolving basis (“Revolving Loans”) from time to time until the Termination Date in such Lender’s Pro Rata Share of such aggregate amounts as the Company may request from all Lenders; provided that the Revolving Outstandings will not at any time exceed Revolving Loan Availability.

  • Loan Commitment Subject to the terms and conditions of this Agreement and in reliance upon the representations and warranties of the Company herein set forth, the Lender hereby agrees to lend to the Company on the Closing Date and thereafter up to $209,900,000 in the aggregate (the "Loan") consisting of $104,950,000 of 7-year Tranche advances and $104,950,000 of 10-year Tranche advances. The Lender's commitment to make the Loan to the Company pursuant to this Section 2.1 is herein called the "Loan Commitment."

  • Term Loan Commitments Subject to the terms and conditions hereof, and relying upon the representations and warranties herein set forth, each Lender severally agrees to make a term loan (the “Term Loan”) to the Borrower on the Closing Date in such principal amount as the Borrower shall request up to, but not exceeding such Lender’s Term Loan Commitment.