Examples of Applicable Fee Amount in a sentence
Holdings shall pay to the Administrative Agent for the account of each Revolving Lender a commitment fee on the actual daily unused portion of such Revolving Lender’s Revolving Commitment (the “Available Commitment”), computed on a quarterly basis in arrears on the last Business Day of each calendar quarter based upon the daily utilization for that quarter as calculated by the Administrative Agent at a rate per annum equal to the Applicable Fee Amount (such fees, the “Commitment Fees”).
When its second domestic tuna company, the National Fisheries Development Ltd, secured two purse seine seiners, they confined access of the two vessels to waters beyond the territorial sea and outside the archipelagic waters6.
The Company agrees to pay to the Agent for the account of each Bank a commitment fee on the average daily amount by which such Bank's Commitment exceeds the aggregate outstanding principal amount of such Bank's Revolving Loans, from the date hereof until the Revolving Termination Date at a rate per annum equal to the Applicable Fee Amount, payable in arrears on the last Business Day of each calendar quarter during the term of such Bank's Commitment, and on the Revolving Termination Date.
Notwithstanding the foregoing, the Applicable Fee Amount and the Applicable Margin shall be no lower than Level 3 for the period commencing on the Closing Date and ending on December 31, 1998.
The Company agrees to pay to the Agent for the account of ---- each Bank a commitment fee on the average daily amount by which such Bank's Commitment exceeds the aggregate outstanding principal amount of such Bank's Revolving Loans, from the date hereof until the Revolving Termination Date at a rate per annum equal to the Applicable Fee Amount, payable in arrears on the last Business Day of each calendar quarter during the term of such Bank's Commitment, and on the Revolving Termination Date.