Fee Base Amount definition
Examples of Fee Base Amount in a sentence
For purposes hereof, the "Utilization Fee Base Amount" means, at any time of determination: (i) if at such time the "Commitments" under and as defined in the 364-Day Credit Agreement (the "364-Day Commitments") have been terminated in full, the amount of the Aggregate Commitments, and (ii) if at such time the 364-Day Commitments have not been terminated in full, the sum of the Aggregate Commitments and the 364-Day Commitments at such time.
The Variable Portion shall be paid within ten (10) days after calculation of the Variable Fee Base Amount for the applicable quarter.
The amount of any Monthly Termination Payment or, at Lessor's option, the entire Termination Fee Base Amount, shall be applied in accordance with this paragraph.
The "Monthly Termination Payment" shall be an amount equal to one-twelfth (1/12) of the amount of the Termination Fee Base Amount.