Monthly Commitment Fee definition

Monthly Commitment Fee or “Commitment” means the minimum monthly value of all Outbound Calls that the Customer commits to make;
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Monthly Commitment Fee means, with respect to any Lender for any calendar month, the product of (i) the average daily amount by which the Commitment of such Lender exceeded the sum of its Revolving Loans and its L/C Exposure during such calendar month multiplied by (ii) the Applicable Commitment Fee Rate for such calendar month.
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Monthly Commitment Fee means the Fee set forth in Section 2(d) of this Agreement.
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Examples of Monthly Commitment Fee in a sentence

  • Section 2.5 of the Loan Agreement is hereby amended in its entirety to read as follows: Monthly Commitment Fee.

Related to Monthly Commitment Fee

  • Applicable Commitment Fee Rate shall mean the percentage rate per annum based on the Leverage Ratio then in effect according to the pricing grid on Schedule 1.1(A) below the heading “Commitment Fee.”

  • Unused Commitment Fee has the meaning specified in Section 2.12(a) (Fees).

  • Applicable Commitment Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.15(C)(i) hereof determined in accordance with the provisions of Section 2.15(D)(ii) hereof.

  • Revolving Commitment Fee has the meaning specified in Section 2.09(a).

  • Aggregate Revolving Commitment Amount means the aggregate principal amount of the Aggregate Revolving Commitments from time to time. On the Closing Date, the Aggregate Revolving Commitment Amount equals $100,000,000.