Facility B Commitment Fees definition
Examples of Facility B Commitment Fees in a sentence
On or before the Effective Date, the Borrower shall pay to the Agent, for the Account of the Revolving Credit Facility B Lender, all accrued and unpaid Revolving Credit Facility B Commitment Fees under the Second Amended and Restated Senior Secured Credit Agreement and all accrued and unpaid Letter of Credit Fees relating to any Revolving Credit Facility B Letter of Credit under the Second Amended and Restated Senior Secured Credit Agreement.
Revolving Credit Facility Commitment Fees" shall mean, collectively, the Revolving Credit Facility A Commitment Fees and the Revolving Credit Facility B Commitment Fees.
All Revolving Credit Facility B Commitment Fees shall be calculated on the basis of the actual number of days elapsed in a 360-day year.
The Borrowers shall have no liability to the Banks for any Revolving Credit Facility B Commitment Fees paid to the Administrative Bank which the Administrative Bank does not properly remit to such Bank, and such Bank's sole remedy in respect thereof shall be against the Administrative Bank.