Common use of Commitment fee a Clause in Contracts

Commitment fee a. The Borrower shall pay to the Agent (for the account of each Lender) a fee in USD computed at a rate per annum equal to thirty-five per cent. (35.00%) of the Margin calculated on each Lender's Available Commitment under the Facility, from the date of this Agreement to the earlier of: (i) the expiry of all Availability Periods; or (ii) the date on which all Facility has been cancelled in whole.

Appears in 1 contract

Sources: Facility Agreement (Flex LNG Ltd.)

Commitment fee a. The Borrower shall pay to the Agent (for the account of each Lender) a fee in USD computed at a rate per annum equal to thirty-five per cent. (35.00%) 40% of the Margin Margin, calculated on each Lender's Available Commitment under the FacilityFacilities, from the date of this Agreement to the earlier of: (i) the expiry of all Availability Periods; or (ii) the date on which all Facility has both Facilities have been cancelled in whole.

Appears in 1 contract

Sources: Facilities Agreement (Flex LNG Ltd.)

Commitment fee a. The Borrower shall pay to the Agent (for the account of each Lender) a fee in USD the Base Currency computed at a the rate per annum equal to thirty-five of 0.60 per cent. (35.00%) of the Margin calculated per annum on each that Lender's Available Commitment under for the Facility, from the date of this Agreement to the earlier of: (i) the expiry of all Availability Periods; or (ii) the date on which all Facility has been cancelled in wholePeriod.

Appears in 1 contract

Sources: Facility Agreement (Schroder Ventures International Investment Trust PLC)

Commitment fee a. The Borrower shall pay to the Agent (for the account of each Lender) a fee in USD computed at a rate per annum equal to thirty-five per cent. (35.00%) of the Margin calculated on each Lender's Available Commitment under the Facility, from the date of this Agreement to the earlier of: (i) the expiry of all the Availability PeriodsPeriod; or (ii) the date on which all Facility has been cancelled in whole.or

Appears in 1 contract

Sources: Facility Agreement (Flex LNG Ltd.)

Commitment fee a. The Borrower shall pay to the Agent (for the account of each Lender) a fee in USD computed at a rate per annum equal to thirty-five forty per cent. (35.0040%) of the Margin Margin, calculated on each Lender's Available Commitment under the FacilityFacilities, from the date of this Agreement to the earlier of: (i) the expiry of all Availability Periods; or (ii) the date on which all Facility has both Facilities have been cancelled in whole.

Appears in 1 contract

Sources: Facilities Agreement (Flex LNG Ltd.)

Commitment fee a. The Borrower Borrowers shall pay to the Agent (for the account of each Lender) a fee in USD computed at a rate per annum equal to thirtyzero point seventy-five per cent. (35.000.75%) of the Margin calculated on each Lender's Available Commitment under the FacilityFacilities, from the date of this Agreement to the earlier of: (i) the expiry of all Availability Periods; or (ii) the date on which all Facility has Facilities have been cancelled in whole.

Appears in 1 contract

Sources: Facilities Agreement (Flex LNG Ltd.)