Commitment Fee Rate has the meaning set forth in the definition of “Applicable Margin”.
Commitment Fee Rate. 0.50% per annum.
Commitment Fee Rate. 1/2 of 1% per annum.
Examples of Commitment Fee Rate in a sentence
From and following the Closing Date, the Borrower will pay to the Administrative Agent, for the account of each Lender in accordance with such Xxxxxx’s Pro Rata Share, an unused commitment fee (determined on a daily basis) in an amount equal to the product of (i) the Unused Availability at the end of each such day and (ii) the Commitment Fee Rate as shown in the definition of Applicable Margin.
More Definitions of Commitment Fee Rate
Commitment Fee Rate. 1/2 of 1% per annum; provided, that on and after the first Adjustment Date occurring after the completion of two full fiscal quarters of the Borrower after the Closing Date, the Commitment Fee Rate will be determined pursuant to the Pricing Grid.
Commitment Fee Rate has the meaning specified in Section 2.04(a).
Commitment Fee Rate means 0.50% per annum.
Commitment Fee Rate means, with respect to the 2020 Available Commitment on any day, the rate per annum set forth below opposite the Status in effect on such day: Status Commitment Fee Rate Level I Status 0.50 % Level II Status 0.375 % Notwithstanding the foregoing, the term “Commitment Fee Rate” shall mean 0.50% during the period from and including the 2015 May Effective Date to but excluding the Trigger Date.
Commitment Fee Rate as determined pursuant to the Pricing Grid.
Commitment Fee Rate means a percentage per annum equal to the Applicable Rate set forth in the “Commitment Fee Rate” column of the chart in the definition of “Applicable Rate.”