Common use of Commitment Fee for Tranche A3 Clause in Contracts

Commitment Fee for Tranche A3. The Commitment Fee for Tranche A3, calculated at the rate of * * *% a year on the maximum amount of Tranche A3, will be payable quarterly in advance to the Agent from the date that the Agreement is signed to the Drawdown Date of Tranche A3 (or up until the date that the Borrower fully surrenders its rights to draw down the Tranche A3). The Agent will pay each Bank its share in pro rata to its Participation.

Commitment Fee for Tranche A3. The Commitment Fee for Tranche A3, calculated at the rate of * * *0.50% a year on the maximum amount of Tranche A3, will be payable quarterly in advance to the Agent from the date that the Agreement is signed to the Drawdown Date of Tranche A3 (or up until the date that the Borrower fully surrenders its rights to draw down the Tranche A3). The Agent will pay each Bank its share in pro rata to its Participation.