Examples of Revolver Commitment Fee in a sentence
For the avoidance of doubt, the Outstanding Amount of Swing Line Loans shall not be counted towards or considered usage of the Aggregate Revolving Credit Commitments for purposes of determining the Revolver Commitment Fee.
The Revolver Commitment Fee shall be calculated quarterly in arrears, and if there is any change in the Applicable Rate during any quarter, the actual daily amount shall be computed and multiplied by the Applicable Rate separately for each period during such quarter that such Applicable Rate was in effect.
The Revolver Commitment Fee shall accrue at all times during the relevant Availability Period, including at any time during which one or more of the conditions in Article IV is not met, and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the Closing Date, and on the last day of the Availability Period for the Revolving Credit Facility.
The Revolver Commitment Fee shall accrue at all times during the Availability Period for the Revolving Credit Facility, including at any time during which one or more of the conditions in Article IV is not met, and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the 2021 Refinancing Amendment Effective Date, and on the last day of the Availability Period for the Revolving Credit Facility.
The Revolver Commitment Fee shall accrue at all times during the Availability Period, including at any time during which one or more of the conditions in Article IV is not met, and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the Second Restatement Date, and on the last day of the Availability Period for the Revolving Credit Facility.
At any time the Revolver Commitment Fee is increased above $1,800,000.00 concurrently therewith Borrower shall pay to the Bank a fully earned and non-refundable loan fee thereon equal to twenty five basis points (0.25%) on the increased amount of such Revolver Commitment Amount.
From the Amendment Effective Date, Borrowers shall pay to the Administrative Agent, for the ratable accounts of the Revolver Lenders pro rata according to their Pro Rata Share of the Revolving Commitments, a commitment fee equal to the daily Applicable Revolver Commitment Fee Rate per annum times the average daily amount by which the Revolving Commitments exceed the aggregate daily principal Indebtedness evidenced by the Line A Notes and Line B Notes (but not the Swing Line Outstandings).
Subject to Section 11.08 hereof, the Borrower shall pay to Administrative Agent for the account of Lenders pro rata in accordance with each Lender's Revolver Specified Percentage, a commitment fee (the "Revolver Commitment Fee") equal to 0.375% per annum on the average daily amount of the Unused Facility Amount, payable in arrears on each Quarterly Date commencing with the first Quarterly Date after the Closing Date, and continuing until the Maturity Date.
No Defaulting Lender shall be entitled to receive any Revolver Commitment Fee for any period during which that Lender is a Defaulting Lender (and Borrower shall not be required to pay any such fee that otherwise would have been required to have been paid to that Defaulting Lender).
The Revolver Commitment Fee shall accrue at all times during the relevant Availability Period for the Revolving Credit Facility, including at any time during which one or more of the conditions in Article IV is not met, and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the Closing Date, and on the last day of the Availability Period for the Revolving Credit Facility.