Commitment Commission. The Borrowers shall pay to the Agent Commitment Commission in Dollars at the rate of twenty two point five basis points (22.5bps) per annum on any undrawn and uncancelled part of the Facility. The Commitment Commission will accrue from day to day on the basis of a 360 day year and the actual number of days elapsed and shall be paid quarterly in arrears from the Execution Date until the Commitment Termination Date with a pro rata payment being due and payable on the Commitment Termination Date.
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Commitment Commission. The Borrowers Borrower shall pay to the Agent Commitment Commission in Dollars at the rate of twenty two point five basis points (22.5bps) per annum Commission Rate on any undrawn and uncancelled part of the Facility. The Commitment Commission will accrue from day to day on the basis of a 360 day year and the actual number of days elapsed and shall be paid quarterly in arrears from the Execution Date 30 September 2006 until the Commitment Termination Date with a pro rata payment being due and payable on the Commitment Termination Date.
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Samples: Loan Facility Agreement, Loan Facility Agreement (Teekay Offshore Partners L.P.)
Commitment Commission. The Borrowers Borrower shall pay to the Agent Commitment Commission in Dollars at the rate of twenty two point thirty five basis points (22.5bps35bps) per annum on any undrawn and uncancelled part of the Facility. The Commitment Commission will accrue from day to day on the basis of a 360 day year and the actual number of days elapsed and shall be paid quarterly in arrears from the Execution Effective Date until the Commitment Termination Date with a pro rata payment being due and payable on the Commitment Termination Date."
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Samples: First Supplemental Agreement (Teekay Shipping Corp)
Commitment Commission. The Borrowers shall pay to the Agent Commitment Commission in Dollars at the rate of twenty two point five one basis points (22.5bps21 bps) per annum on any undrawn and uncancelled part of the Facility. The Commitment Commission will accrue from day to day on the basis of a 360 day year and the actual number of days elapsed and shall be paid quarterly in arrears from the Execution Date until the Commitment Termination Date with a pro rata payment being due and payable on the Commitment Termination Date.
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