Class A-1R Commitment Fee definition

Class A-1R Commitment Fee means the fee in Euros which will accrue on the average daily Class A-1R Undrawn Amount (or, from and including the end of the Reinvestment Period, on the average daily Class A-1R Allocated Commitment only) for each Interest Period at a rate per annum equal to 0.15% during such Interest Period on the basis of a 360-day year and the actual number of days elapsed.

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Class A-1R Commitment Fee means the fee in Euro which will accrue (i) on the average daily Class A- 1R Undrawn Amount, up to and including the last day of the Reinvestment Period and (ii) on the average daily Class A-1R Allocated Commitment only, after the Reinvestment Period, for each Interest Period at a rate per annum equal to 0.20 per cent. per annum during such Interest Period on the basis of a 360-day year and the actual number of days elapsed.

Class A-1R Commitment Fee means the fee in Euros which will accrue on the average daily Class A-1R Undrawn Amount for each Interest Period at a rate per annum

Examples of Class A-1R Commitment Fee in a sentence

In addition, the Class A-1R Notes shall accrue the Class A-1R Commitment Fee in accordance with the definition thereof.
Interest at the Class A-1R Rate will accrue on any portion of the Class A-1R Commitment Fee that is not paid when due.
The Issuer shall not be required, and pursuant to the Class A-1R Note Purchase Agreement shall be under no obligation, to borrow any amount under the Class A-1R Notes on the Closing Date or at any other time; provided, that the Issuer may be subject to a Class A-1R Commitment Fee on any undrawn amount.
Section 19.2 The Class A-1R Interest, The Class A-2R Interest, The Class A-1R Commitment Fee and The Class A-2R Commitment Fee.
The Class A-1R Commitment Fee shall be payable in arrears on each Payment Date and will rank pari passu with the payment of interest on each of the Class A-1 Notes and the Class A-1R Notes; provided that the Class A-1R Commitment Fee allocable to the period following the Determination Date through such Payment Date will be payable (without penalty or interest) on the next succeeding Payment Date.
All such funds shall be assumed to continue to earn interest until the date on which they are required to be available in the applicable Collection Account for transfer to the Payment Account for application, in accordance with the terms hereof, to payments of principal of or interest on the Notes and, in the case of the Class A-1R Notes, the Class A-1R Commitment Fee, or other amounts payable pursuant to this Indenture.
The Class A-1R Commitment Fee shall be payable in arrears on each Payment Date and will rank pari passu with the payment of interest on each of the Class A-1A Notes and the Class A-1R Notes; provided that the position of the Class A-1R Commitment Fee allocable to the period following the Determination Date through such Payment Date will be payable (without penalty or interest) on the next succeeding Payment Date.
The Issuer shall duly and punctually pay the principal of and interest on each Class of Notes and, in the case of the Class A-1R Notes, the Class A-1R Commitment Fee or Class A-1R Breakage Costs, in accordance with the terms of such Notes and this Indenture.

More Definitions of Class A-1R Commitment Fee

Class A-1R Commitment Fee means the fee for maintaining the Class A-1R Commitment in Euro which accrues on the Maximum Class A-1R Commitment minus the Class A-1R Drawn Amount (or, for each Accrual Period commencing on or after the expiry of the Reinvestment Period, the Class A-1R Average Allocated Commitment only) for each Accrual Period at a rate per annum equal to 0.29 per cent. on the basis of a 360-day year and the actual number of days elapsed.

Class A-1R Commitment Fee means the fee that the Class A-1R Noteholders will receive, in EUR, for each Interest Period in arrear on each Payment Date in respect of the Class A-1R Undrawn Amount and each Authorised Integral Amount of the Class A-1R Notes, calculated by applying 0.12 per cent. per annum to the Class A-1R Average Undrawn Amount multiplying the resultant figure thereof by the actual number of days elapsed in such Interest Period, divided by 360, multiplying the product thereof by a percentage equal to the Authorised Integral Amount divided by the Aggregate Class A-1R Commitment (prior to any reduction thereof by the Conditions).

Class A-1R Commitment Fee. A commitment fee accruing on the undrawn amount of each Class A-1R Commitment for each Interest Accrual Period at a rate per annum equal to 0.20% (computed on the basis of a 360 day year and the actual number of days elapsed). The Class A-1R Commitment Fee will be payable in arrears on each Payment Date; provided that the portion of the Class A-1R Commitment Fee allocable to the period following the Determination Date through such Payment Date will be payable (without penalty or interest) on the next succeeding Payment Date. Interest at the Class A-1R Rate will accrue on any portion of the Class A-1R Commitment Fee that is not paid when due.

Class A-1R Commitment Fee. A commitment fee that will accrue on the undrawn amount of each Class A-1R Commitment for each Interest Accrual Period at a rate per annum equal to 0.17% (computed on the basis of a 360-day year and the actual number of days elapsed). The Class A-1R Commitment Fee will be payable in arrears on each Payment Date and will rank pari passu with the payment of interest on the Class A-1 Notes. Interest at the Class A-1R Rate will accrue on any portion of the Class A-1R Commitment Fee that is not paid when due.