Examples of Commitment Rate in a sentence
Fixed Rate referenced in the above table means the Term Shipper Commitment Rate as set forth in Term Shipper’s Contract.
The Borrowers jointly and severally agree to pay to the Agent, for the respective account of each Bank, a fee (the "Commitment Fee") equal to the Applicable Commitment Rate multiplied by the average daily amount of the unused portion of such Bank's Commitment during each calendar quarter or portion thereof from the Closing Date to the Maturity Date (or to the date of termination in full of the Total Commitment, if earlier).
Borrower agrees to pay to Agent for the benefit of each Lender a commitment fee (the “Commitment Fee”) for the Commitment Period, computed at the Applicable Commitment Rate per annum on the average daily unused amount of each Lender’s Commitment during the Commitment Period, payable quarterly in arrears and due on each Quarterly Payment Date and on the last day of the Commitment Period, commencing on the first of such dates to occur after the date hereof.
The Issuers will use their best efforts prior to the Time of Delivery to cause the Notes to be eligible for the PORTAL trading system of the NASD.
We require that for each i, if A[i] is a real block, then LCA(A[i].label, P )k.