Class A Commitment Fee definition

Class A Commitment Fee is defined in Section 2.7(e).

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

Class A Commitment Fee means from (and including) the Initial Issue Date to (but excluding) the Payment Date falling twelve months thereafter, 0.015 per cent. per annum and thereafter, during the Reinvestment Period, 0.1 per cent. per annum payable in accordance with Condition 8(c) (Class A Commitment Fee).

Examples of Class A Commitment Fee in a sentence

If the amount paid to the Administrative Agent on any Distribution Date pursuant to this Section 3.4 on account of Class A Commitment Fees is less than the Class A Commitment Fees payable on such Distribution Date, the Administrative Agent shall pay the amount available to the Non-Conduit Purchasers and the Funding Agents, on behalf of the CP Conduit Purchaser Groups, on a pro rata basis, based on the Class A Commitment Fee payable to each Purchaser Group on such Distribution Date.
Each Class A Purchaser in a Purchaser Group shall be entitled to receive the share of the Class A Commitment Fee allocated to such Purchaser Group as may be agreed upon from time to time between such Class A Purchaser and the Agent for such Purchaser Group.
Payments of the Class A 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 Purchasers in such Purchaser Group.

More Definitions of Class A Commitment Fee

Class A Commitment Fee has the meaning set forth in the Fee Letter.

Class A Commitment Fee with respect to any Payment Date and any related Interest Accrual Period during the Revolving Period, shall mean an amount equal to (a) the actual number of days elapsed during such Interest Accrual Period DIVIDED by (b) 360 MULTIPLIED by (c) 0.20% MULTIPLIED by (d) the difference between the Maximum Invested Amount of the Series 1997-1 Senior Certificates and the Average Daily Outstanding Principal Amount of such Certificates during the related Interest Accrual Period (after giving effect to any Prepayment or Borrowing during such period and to all repayments of principal made to the Holders of such Certificates on the preceding Payment Date, if any) and, with respect to any other Payment Date, shall mean an amount equal to zero.

Class A Commitment Fee means [***] “Class A Indemnitee” means an Indemnitee who is a Class A Revolving Lender, an Affiliate of a Class A Revolving Lender or an officer, partner, director, trustee, employee or agent of a Class A Revolving Lender. “Class A Lending Group” means either the CS Lending Group or the BMO Lending Group. “Class A Maximum Committed Amount” means, at any time, the aggregate amount of the Class A Revolving Committed Maximum Amounts at such time. “Class A Revolving Availability” means, as of any date of determination, the amount, if any, by which the Class A Borrowing Base exceeds the Total Utilization of Class A Revolving Maximum Amount.

Class A Commitment Fee means, with respect to any Settlement Date, for so long as no Funding Termination Event shall have occurred and be continuing, a fee in an amount equal to the product of (a) a fraction, the numerator of which is the actual number of days elapsed in the related Accrual Period and the denominator of which is 360, (b) twenty-five basis point (0.25%) and (c) the excess, if any, of (i) the Class A Maximum Invested Amount over (ii) the daily average of the Class A Invested Amount for the immediately preceding Accrual Period set forth in the related Servicer's Certificate as and to the extent verified by the Class A Note Purchaser.

Class A Commitment Fee means the commitment fee, payable in accordance with Section 5.08 hereof, on the Class A Notes that accrues on the Aggregate Undrawn Amount of the Class A Commitments for each day from and including the Closing Date until the date that the Aggregate Undrawn Amount of the Class A Notes is reduced to zero and the Issuer is not permitted under the Note Purchase Agreement to request any further Advances.

Class A Commitment Fee has the meaning set forth in Section 3.3(a) of the Note Purchase Agreement.