Annual Commitment Fee definition

Annual Commitment Fee means $37,500.
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Annual Commitment Fee has the meaning set forth in Section 3.4(b).
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Annual Commitment Fee means $100,000 per annum, payable in accordance with Section 7(c) hereof."
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Examples of Annual Commitment Fee in a sentence

  • The client shall pay the commitment fee to the financing bank according to this agreement, which means Commitment Fee = Unused Credit Line * (Annual) Commitment Fee Rate.

  • Borrower shall pay Lender an Annual Commitment Fee on June 30 of each calendar year, beginning June 30, 2004, and annually thereafter through and including June 30, 2008.

  • Any such reduction in respect of a Contract Year shall be applied to reduce equally all remaining installments of the Annual Commitment Fee in such Contract Year.

  • Notwithstanding the foregoing, the Annual Commitment Fee shall be subject to adjustment as provided in Sections 6.4(a) (O&O Commitment-O&O Affiliated Stations), 6.4(c) ----------------------------------------- (O&O Commitment-Transfers of O&O Affiliated Stations) and 6.4(d) (O&O ----------------------------------------------------------- --- Commitment-Additional O&O Affiliated Stations).

  • In consideration of Owner's --------------- agreement set forth in Section 6.4(b) (O&O Commitment-Commitment), --------------------------- Representative shall pay to Owner, for each twelve-month period during the Term (each, a "Contract Year") ----------- (each, an "Annual Commitment Fee").

  • Any such increase in respect of a Contract Year shall be applied to increase equally all remaining installments of the Annual Commitment Fee in such Contract Year.

  • The Annual Commitment Fee shall be payable quarterly in arrears in four (4) equal installments on June 30, September 30, December 31 and March 30 of each Contract Year.

  • Except as ------------------------- otherwise set forth herein, the obligations of Representative to pay the Representation Rights Fee and the Annual Commitment Fee are unconditional.

  • Section 11.6 is amended by inserting immediately after the end thereof the following paragraph: "The Representative may at his sole option engage an assistant (an "Escrow Assistant") to assist him in carrying out his duties under this Section 11.6 and the Escrow Agreement.

  • The Annual Commitment Fee shall be due and payable on each anniversary date of this First Amendment.


More Definitions of Annual Commitment Fee

Annual Commitment Fee has the meaning set forth in the Fee Letter.
Sample 1

Related to Annual Commitment Fee

  • Applicable Commitment Fee Rate shall mean the percentage rate per annum based on the Leverage Ratio then in effect according to the pricing grid on Schedule 1.1(A) below the heading “Commitment Fee.”

  • Revolving Commitment Fee has the meaning specified in Section 2.09(a).

  • Unused Commitment Fee has the meaning specified in Section 2.12(a) (Fees).

  • Commitment Fee has the meaning specified in Section 2.09(a).

  • Applicable Commitment Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.15(C)(i) hereof determined in accordance with the provisions of Section 2.15(D)(ii) hereof.

  • Total Commitment Amount means, at any particular time, the aggregate of the Individual Commitments of all of the Lenders at such time.

  • L/C Commitment Amount has the meaning given to that term in Section 2.3.(a).

  • Revolving Credit Commitment Fee shall have the meaning assigned to such term in Section 2.05(a).

  • Applicable Commitment Fee Margin means, for each Pricing Period, the margin set forth below (expressed in basis points per annum) opposite the Applicable Pricing Level for that Pricing Period: Applicable Pricing Level Margin II 10.0 V 17.5

  • Aggregate Revolving Commitment Amount means the aggregate principal amount of the Aggregate Revolving Commitments from time to time. On the Closing Date, the Aggregate Revolving Commitment Amount is $300,000,000.

  • Commitment Fee Percentage means, with respect to the Revolving Loan Commitments at any time, the per annum percentage which is used to calculate Commitment Fees for such Revolving Loan Commitments determined pursuant to the Pricing Grid.

  • Applicable Facility Fee means the percentage set forth in the table below corresponding to the Level at which the “Applicable Margin” is determined in accordance with the definition thereof: Level Facility Fee 2 0.125% 3 0.150% 4 0.200% 5 0.250%

  • Revolving Commitment Amount means, as to any Lender, the Revolving Commitment amount (if any) set forth opposite such Lender’s name on Schedule 1.1 hereto (or, in the case of any Lender that became party to this Agreement after the Closing Date pursuant to Section 16.3(c) or (d) hereof, the Revolving Commitment amount (if any) of such Lender as set forth in the applicable Commitment Transfer Supplement).

  • Tranche B Term Commitment as to any Tranche B Term Lender, the obligation of such Tranche B Term Lender to make an Initial Tranche B Term Loan to the Borrower in the principal amount set forth under the heading “Tranche B Term Commitment” opposite such Tranche B Term Lender’s name on Schedule 2.1 to this Agreement. The aggregate principal amount of the Tranche B Term Commitments as of the Closing Date is $1,025,000,000.

  • Incremental Term Commitment means, with respect to any Lender, the commitment, if any, of such Lender, established pursuant an Incremental Facility Agreement and Section 2.21, to make Incremental Term Loans of any Series hereunder, expressed as an amount representing the maximum principal amount of the Incremental Term Loans of such Series to be made by such Lender.

  • Facility Fee has the meaning specified in Section 2.09(a).

  • Commitment Fees has the meaning set forth in Section 2.11(a).

  • Unused Fee has the meaning specified in Section 2.09(a).

  • Applicable Commitment Fee Rate means:

  • Incremental Term Commitments has the meaning set forth in Section 2.14(a).

  • Ticking Fee has the meaning specified in Section 2.09(b).

  • Adjusted Total Term Loan Commitment means at any time the Total Term Loan Commitment less the Term Loan Commitments of all Defaulting Lenders.

  • Tranche C Term Loan Commitment means, with respect to each Tranche C Term Loan Lender, the commitment of such Lender to make Tranche C Term Loans under the Tranche C Term Loan Incremental Facility Agreement.

  • Total Term Loan Commitment means the sum of the amounts of the Lenders’ Term Loan Commitments.

  • Applicable Facility Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.14(C)(i) hereof determined in accordance with the provisions of Section 2.14(D)(ii) hereof.

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.