Common use of Utilisation fee Clause in Contracts

Utilisation fee. (a) The Borrower shall pay to the Agent (for the account of each Lender) a fee in the Base Currency computed on a day to day basis at a rate of 0.05 per cent. per annum for each day the aggregated Base Currency Amounts of all Loans outstanding on such day equal or exceed 50 per cent. of the Total Commitments as of the date of signing of this Agreement.

Appears in 1 contract

Samples: Agreement (Sap Aktiengesellschaft Systems Applications Products in Data)

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Utilisation fee. (a) The Borrower Company shall pay to the Agent (for the account of each Lender) a fee in the Base Currency computed on a day to day basis at a the rate of 0.05 0.025 per cent. per annum on each Lender’s participation in the Loans for each the Availability Period on any day on which the aggregated Base Currency Amounts amount of all its participation in the Loans outstanding on such day equal or exceed is more than 50 per cent. of the Total Commitments as amount of the date of signing of this Agreementits Commitment on that day.

Appears in 1 contract

Samples: Transfer and Amendment Agreement (Aon Corp)

Utilisation fee. (a) The Borrower Company shall pay to the Facility Agent (for the account of each Lender) a fee in the Base Currency computed on a day to day basis at a rate of 0.05 per cent. per annum for each day any time when the aggregated aggregate Base Currency Amounts Amount of all Loans outstanding on such day equal or exceed 50 exceeds 66 2/3 per cent. of the Total Commitments as of at the date of signing of this Agreement, at a rate equal to 0.05 per cent. per annum on the aggregate Base Currency Amount of all Loans.

Appears in 1 contract

Samples: Subscription Agreement (Falconbridge LTD)

Utilisation fee. (a) The Borrower Company shall pay to the Facility Agent (for the account of each Lender) a fee in the Base Currency computed on a day to day basis at a rate of 0.05 per cent. per annum for each day any time when the aggregated aggregate Base Currency Amounts Amount of all Loans outstanding on such day equal or exceed 50 exceeds 662/3 per cent. of the Total Commitments as of at the date of signing of this Agreement, at a rate equal to 0.05 per cent. per annum on the aggregate Base Currency Amount of all Loans.

Appears in 1 contract

Samples: Multicurrency Loan Facility and Subscription Agreement (Xstrata PLC)

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Utilisation fee. (a) The Borrower shall pay to the Agent (for the account of each Lender) a fee in the Base Currency computed on a day to day basis at a rate of 0.05 of: (i) 0.25 per cent. per annum on the aggregated Base Currency Amounts of all Loans then outstanding for each day the aggregated Base Currency Amounts of all Loans outstanding on such day equal or exceed 50 331/3 per cent. ., but are less than 662/3 per cent., of the Total Commitments as of the date of signing of this Agreement.;

Appears in 1 contract

Samples: Credit Facility Agreement (Sap Ag)

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