Applicable Commitment Fee Margin definition

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: II 10.0 V 17.5

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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 Commitment Fee Margin means, at all times, 0.500%.

Examples of Applicable Commitment Fee Margin in a sentence

• For any quarter during the Term where the average daily unpaid balance of the Advances outstanding for each day of the quarter does not equal the Maximum Advance Amount, then Borrower shall pay to Agent for the ratable benefit of Lenders a fee at a rate per annum equal to the Applicable Commitment Fee Margin on the amount by which the Maximum Advance Amount exceeds such average daily unpaid balance during such quarter.

• Such Compliance Certificate shall be used for the determination of the Applicable Margin as to all Loans and the Applicable Commitment Fee Margin.

• The Borrower shall pay to the Agent, for the pro rata account of each Bank, a commitment fee at a rate per annum equal to the Applicable Commitment Fee Margin on the daily average unused amount of such Bank's Revolving Credit Commitment, for the period from and including the date of the First Amendment to but excluding the earlier of the date Revolving Credit Commitments are terminated or the Revolving Credit Termination Date.

• The commitment fee shall be calculated monthly in arrears, and if there is any change in the Applicable Commitment Fee Margin during any month, the actual daily amount shall be computed and multiplied by the Applicable Commitment Fee Margin separately for each period during such month that such Applicable Commitment Fee Margin was in effect.

• Changes in the Applicable Commitment Fee Margin resulting from a change in the required debt rating shall become effective one Business Day after any change in a Senior Unsecured Debt Rating.

More Definitions of Applicable Commitment Fee Margin

Applicable Commitment Fee Margin means 0.50%.

Applicable Commitment Fee Margin means (a) at all times prior to the Reset Date, 0.500% and (b) at all times after the Reset Date, the applicable percentage set forth below corresponding to the relevant Leverage Ratio set forth in the Compliance Certificate most recently delivered by the Borrowers to the Administrative Agent: Greater than 1.75:1 0.500 % Less than or equal to 1.75:1 0.375 %

Applicable Commitment Fee Margin means the lowest per annum rate determined by reference to the Net Debt to EBITDA Ratio and EBITDA to Interest Ratio, in each case that is satisfied for each of such ratios in a given clause below and as indicated in the Compliance Certificate most recently delivered pursuant to clause (c) of Section 7.1.1, equal to:

Applicable Commitment Fee Margin shall have the meaning set forth in Section 2.5.1(ii) hereof.

Applicable Commitment Fee Margin means 0.375%.

Applicable Commitment Fee Margin means with respect to the Revolving Loan Commitment, (a) prior to the Amendment No. 4 Effective Date, the applicable percentage then in effect under this Agreement (prior to giving effect to Amendment No. 4) pursuant to the terms thereof, (b) as of the Amendment No. 4 Effective Date to the date on which the Administrative Agents receive a Compliance Certificate pursuant to clause (c) of Section 7.1.1 for the Fiscal Quarter ending March 31, 2009, 0.75% and (c) thereafter, the applicable percentage set forth below determined by reference to the Leverage Ratio as set forth in the most recent Compliance Certificate received by the Administrative Agents pursuant to clause (c) of Section 7.1.1: Applicable Commitment Fee Margin For Revolving Leverage Ratio Loan Commitment Level I <3.50:1 0.50% Level II =3.50:1 but <4.00:1 0.50% Level III =4.00:1 but <5.00:1 0.75% Level IV =5.00:1 0.75% Changes in the Applicable Commitment Fee Margin resulting from a change in the Leverage Ratio shall become effective as of the first Business Day immediately following delivery by the Company to the Administrative Agents of a new Compliance Certificate pursuant to clause (c) of Section 7.1.1; provided that if a Compliance Certificate is not delivered when due in accordance with such Section, then the Applicable Commitment Fee Margin shall increase to the next higher level above the Applicable Commitment Fee Margin then in effect, which increased Applicable Commitment Fee Margin shall apply as of the first Business Day after the date on which such Compliance Certificate was required to have been delivered. In the event that any financial statement or Compliance Certificate for any period ending on or after December 31, 2008 delivered pursuant to clauses (a), (b) or (c) of Section 7.1.1 is inaccurate (regardless of whether this Agreement or the Revolving Loan Commitments are in effect when such inaccuracy is discovered) (it being understood and agreed that a change in GAAP that has a retroactive effect shall not cause previously delivered financial statements or Compliance Certificates to be deemed to be inaccurate), and such inaccuracy, if corrected, would have led to the application of a higher Applicable Commitment Fee Margin for any period (an “Applicable Period”) than the Applicable Commitment Fee Margin applied for such Applicable Period, then (i) the Company shall immediately deliver to the Administrative Agents a corrected financial statement and a corrected Compliance Certif...

Applicable Commitment Fee Margin means at all times during the applicable periods set forth below with respect to the commitment fee payable to the Lenders, pursuant to Section 3.3.1, the applicable percentage set forth below under the column entitled "Applicable Commitment Fee Margin": Applicable Commitment Leverage Ratio Fee Margin Less than 3.50:1 0.250% Greater than or equal to 0.375% 3.50:1 and less than 4.50:1