Commitment Commission on the Facility. The Borrower shall pay to the Agent for the account of each Bank in respect of each Commitment Period (as defined below) a commitment commission calculated at the rate per annum of -3/4 of 1 per cent on an amount equal to the average daily Available Commitments during such Commitment Period.
Appears in 3 contracts
Sources: Credit Agreement (NTL Communications Corp), Credit Agreement (NTL Inc/De/), Credit Agreement (NTL Delaware Inc)