Monthly Commitment Fee definition
Monthly Commitment Fee or “Commitment” means the minimum monthly value of all Outbound Calls that the Customer commits to make;
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.
Monthly Commitment Fee means the Fee set forth in Section 2(d) of this Agreement.
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.