Payments Computation Commitment Fee Sample Clauses

The "Payments; Computation; Commitment Fee" clause defines how payments under the agreement are calculated and specifies the obligation to pay a commitment fee. It typically outlines the method for determining payment amounts, the timing and manner of payments, and details regarding the calculation and accrual of the commitment fee, such as the applicable rate and the period over which it is charged. This clause ensures that both parties clearly understand their financial obligations, particularly regarding ongoing fees for undrawn loan amounts, thereby preventing disputes over payment terms and ensuring predictable cash flows.