Commitment Fee Rate definition

Commitment Fee Rate has the meaning set forth in the definition ofApplicable Margin”.
Commitment Fee Rate. 0.50% per annum.
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.

Examples of Commitment Fee Rate in a sentence

  • The Revolving Commitment Fee shall be computed for each day during such period at a rate per annum equal to the applicable Revolving Commitment Fee Rate in effect on such day on the applicable portion of the Available Revolving Commitment in effect on such day.

  • The Revolving Commitment Fee shall be computed for each day during such period at a rate per annum equal to the applicable Revolving 131 Commitment Fee Rate in effect on such day on the applicable portion of the Available Revolving Commitment in effect on such day.

  • This Section 1.15 shall not limit the rights of the Administrative Agent or the Lenders with respect to Sections 2.8(c) and 11.1; provided that any underpayment due to change in Applicable Margin or Commitment Fee Rate or incorrect calculation of the ECF Payment Amount or the Net Cash Proceeds shall not in itself constitute a Default or Event of Default under Section 11.1 so long as such additional interest or fees are paid within the 15-day period set forth above.

  • The Commitment Fee shall be computed for each day during such period at a rate per annum equal to the applicable Commitment Fee Rate in effect on such day on the applicable portion of the Available L/C Commitment in effect on such day.


More Definitions of Commitment Fee Rate

Commitment Fee Rate. 1/2 of 1% per annum.
Commitment Fee Rate has the meaning specified in Section 2.04(a).
Commitment Fee Rate means a rate per annum determined in accordance with the Pricing Schedule.
Commitment Fee Rate means 0.25% 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 means, at any time, the rate per annum set forth below next to the Applicable Rating Level in effect at such time: Applicable Rating Level Commitment Fee Rate 1 0.045% 2 0.050% 3 0.060% 4 0.075% A change in the Commitment Fee Rate resulting from a change in the Applicable Rating Level shall become effective upon the date of public announcement of a change in the Xxxxx’x Rating or the S&P Rating that results in a change in the Applicable Rating Level.
Commitment Fee Rate means the rate per annum set forth on the grid when the Borrowing Base Utilization Percentage is at its highest level.