Examples of Commitment Utilization Percentage in a sentence
At all times, each change in the Applicable Margin resulting from a change in the Revolving Commitment Utilization Percentage or the Applicable Rating Level, as applicable, shall apply during the period commencing on the effective date of such change and ending on the date immediately preceding the effective date of the next such change.
Revolving Commitment Utilization Percentage < 25% > 25% < 50% > 50% < 75% > 75% < 90% > 90% Term Benchmark Revolving Loans and RFR Revolving Loans 1.750% 2.000% 2.250% 2.500% 2.750% ABR Revolving Loans 0.750% 1.000% 1.250% 1.500% 1.750% Commitment FeeRate 0.375% 0.375% 0.500% 0.500% 0.500% (ii) any Term Loan, the rate per annum as set forth in the applicable Term Loan Amendment.
Section 2.22(d) is hereby amended by deleting the phrase “the Commitment Utilization Percentage is greater than 110%” in its entirety and substituting therefor the new phrase “the Commitment Utilization Percentage (calculated without giving effect to clauses (a)(iii) and (b)(ii) contained in the definition thereof in Section 1.1) is greater than 110%”.
The convention tried to set limits on the liability of the air carrier in the event of loss of goods, damage and death of the PAX or injury suffered on board a carrier.