Class A-2 Commitment Fee definition

Class A-2 Commitment Fee means the fee accruing on the aggregate undrawn amount of the Class A-2 Notes for each day from and including the Closing Date to but excluding the date the Commitment Termination Date, at a rate per annum equal to 0.175% payable quarterly in arrears on each Distribution Date and calculated on the basis of a 360-day year and the actual number of days elapsed.

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Class A-2 Commitment Fee has the meaning specified in subsection 2.3(c) of this Agreement.

Class A-2 Commitment Fee means, in respect of the Class A-2 Notes and an Interest Accrual Period, the aggregate commitment fees payable in euro to each Class A-2 Noteholder in arrear on each Payment Date occurring on or prior to the Class A-2 Commitment Termination Date, being the amount accrued in respect of that Interest Accrual Period at a rate of 0.16% per annum calculated on the average daily Class A-2 Undrawn Commitment Amount during such Interest Accrual Period on the basis of the actual number of days in that Interest Accrual Period and a year of 360 days provided that no such amount shall be payable to such Class A-2 Noteholder if such Class A-2 Noteholder shall have been in default in respect of any Funding Request made prior to such Payment Date in accordance with the terms of the Class A-2 Note Purchase Agreement.

Examples of Class A-2 Commitment Fee in a sentence

The principal of, interest, Class A-2 Commitment Fee and any Class A-2 Increased Costs and Class A-2 Breakage Costs on this Class A-2 Note are payable in such coin or currency of the United States as at the time of payment is legal tender for payment of public and private debts.
The Issuer will duly and punctually pay the principal of and interest on the Notes and, in the case of the Class A-2 Notes, the Class A-2 Commitment Fee and any Class A-2 Increased Costs or Class A-2 Breakage Costs, in accordance with the terms of such Notes, this Indenture and the Sale and Servicing Agreement (including the Priority of Payments therein).
Prior to the declaration of the acceleration of the maturity of the Notes as provided in Section 5.02, the Majority Noteholders may waive any past Event of Default and its consequences except an Event of Default with respect to payment of principal, interest or Class A-2 Commitment Fee, as applicable, on any of the Notes or in respect of a covenant or provision hereof which cannot be modified or amended without the consent of the Holder of each Note.
All payments made by the Issuer with respect to this Class A-2 Note shall be applied first to interest and Class A-2 Commitment Fee due and payable on this Class A-2 Note as provided above and then to the unpaid principal of this Class A-2 Note.
The Issuer hereby appoints the Trustee as Paying Agent for the payment of principal and interest on the Notes and, with respect to the Class A-2 Notes, the Class A-2 Commitment Fee and any Class A-2 Increased Costs or Class A-2 Breakage Costs.
Except in the case of an Event of Default in payment of principal, interest or Class A-2 Commitment Fee, as applicable, on any Note, the Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Subject to the Priority of Payments, the Trustee shall make all payments of principal of and interest on the Notes and, with respect to the Class A-2 Notes, the Class A-2 Commitment Fee and any Class A-2 Increased Costs or Class A-2 Breakage Costs, subject to Section 3.03 and as provided in Section 3.05 herein from moneys on deposit in the Note Distribution Account.
Each Class A-2 Purchaser in a Purchaser Group shall be entitled to receive the share of the Class A-2 Commitment Fee allocated to such Purchaser Group as may be agreed upon from time to time between such Class A-2 Purchaser and the Agent for such Purchaser Group.
Consequently, the Holders of the Notes must rely solely on amounts received in respect of the Loan Assets and other Collateral pledged to secure the Notes for the payment of principal thereof and interest, Class A-2 Commitment Fee and all other amounts owing thereon.
Payments of the Class A-2 Commitment Fee shall be allocated and paid to the Agent for each Purchaser Group pro rata based on the aggregate Commitments of the Class A-2 Purchasers in such Purchaser Group.

More Definitions of Class A-2 Commitment Fee

Class A-2 Commitment Fee. A commitment fee payable at a per annum rate equal to 0.20% on the Aggregate Undrawn Amount of the Commitments.

Class A-2 Commitment Fee means, in respect of the Class A-2 Notes and an Accrual Period, the aggregate commitment fees payable in euro to each Class A-2 Noteholder in arrear on each Payment Date occurring on or prior to the Class A-2 Commitment Termination Date, being the amount accrued in respect of that Accrual Period at a rate of

Class A-2 Commitment Fee has the meaning given in Section 2.08(c)(ii).

Class A-2 Commitment Fee means the fee in Euros which will accrue on the average daily Class A-2 Undrawn Amount for each Interest Period at a rate per annum equal to 0.2 per cent. during such Interest Period on the basis of a 360-day year and the actual number of days elapsed.