Facility Fee Rate definition
Facility Fee Rate means a rate per annum determined in accordance with the Pricing Schedule.
Facility Fee Rate has the meaning set forth in Section 2.10.
Facility Fee Rate the facility fee rate per annum set forth in the definition of “Applicable Margin”.
Examples of Facility Fee Rate in a sentence
The facility fee shall be calculated quarterly in arrears, and if there is any change in the Facility Fee Rate during any quarter, the actual daily amount shall be computed and multiplied by the Facility Fee Rate separately for each period during such quarter that such Facility Fee Rate was in effect.
The Borrower shall pay to the Administrative Agent, for the ratable account of the Revolving Lenders, as a consideration for the Revolving Credit Commitment, a facility fee, for each day from the Closing Date through the last day of the Commitment Period, in an amount equal to (i) the Maximum Revolving Amount at the end of such day, multiplied by (ii) the Applicable Facility Fee Rate in effect on such day divided by three hundred sixty (360).
More Definitions of Facility Fee Rate
Facility Fee Rate has the meaning set forth in the Pricing Schedule.
Facility Fee Rate means a rate per annum determined daily in accordance with the Pricing Schedule.
Facility Fee Rate as determined pursuant to the Pricing Grid.
Facility Fee Rate for each day during each calculation period, a rate per annum based on the Ratings in effect on such day, as set forth below: Rating I 0.050 % Rating II 0.060 % Rating III 0.080 % Rating IV 0.100 % Rating V 0.125 %
Facility Fee Rate see Schedule I.
Facility Fee Rate means the percentage set forth in Schedule 1 hereto beside the then applicable Level.
Facility Fee Rate means, with respect to any Borrower, the applicable rate per annum for such Borrower determined in accordance with the Pricing Schedule.