Facility Fee definition

Facility Fee has the meaning specified in Section 2.09(a).
Facility Fee shall have the meaning assigned to such term in Section 2.06(a).
Facility Fee shall have the meaning provided in Section 3.01(a).

Examples of Facility Fee in a sentence

  • Whenever any payment of principal of, or interest on, the Base Rate Loans, the Daily Simple SOFR Loans, the Competitive Bid Rate Loans or of the Facility Fee or any other amounts payable to the Lenders hereunder shall be due on a day which is not a Business Day, the date for payment thereof shall be extended to the next succeeding Business Day.

  • Notwithstanding the foregoing, the Facility Fee in respect of the Facility Fee Base, as defined below, of any Lender shall cease to accrue, and accrued but unpaid Facility Fee shall be payable, on the date (if any) on which such ▇▇▇▇▇▇’s Facility Fee Base is reduced to zero pursuant hereto.

  • Facility Fees shall be payable in arrears on each Quarterly Date during the period from and including the Effective Date to but excluding the date the Facility Fee Base is reduced to zero and on the date the Facility Fee Base is reduced to zero and shall be paid by the Company to the Administrative Agent for the account of the Lenders.

  • Any change in the Facility Fee shall become effective on the day on which such a Rating Agency publicly announces a change in such rating.

  • For this purpose the “Facility Fee Base” is the aggregate amount of the Credit Exposures; provided that following termination of the Commitments, the Facility Fee Base at any date shall not include any principal amounts bearing interest at such date at the Post-Default Rate.


More Definitions of Facility Fee

Facility Fee is defined in Section 2.5.
Facility Fee as defined in Section 3.11.
Facility Fee is defined in Section 2.4(a).
Facility Fee has the meaning assigned to such term in Section 3.4(a).
Facility Fee has the meaning assigned to such term in Section 2.04(a).
Facility Fee as defined in Section 2.7(a).
Facility Fee is defined in Section 2.8.1.