Revolving Facility Fee Rate means the percentage set forth in the table below corresponding to the Level at which the “Applicable Margin” is determined in accordance with the definition thereof: Level Facility Fee 1 0.125% 2 0.150% 3 0.200% 4 0.250%
Revolving Facility Fee Rate means the percentage set forth in the table below corresponding to the Level at which the “Applicable Margin” is determined in accordance with the definition thereof: Level Facility Fee 1 0.125% 2 0.150% 3 0.200% 4 0.250% 5 0.300% Any change in the applicable Level at which the Applicable Margin is determined shall be effective as of the first day of the first calendar month immediately following receipt by the Administrative Agent of written notice delivered by the Borrower in accordance with Section 8.4(o) that the Parent’s Credit Rating has changed. It is hereby understood and agreed that the Revolving Facility Fee Rate shall be adjusted from time to time on an annual basis based upon the Sustainability Fee Adjustment (to be calculated and applied as set forth in Section 1.6); provided that in no event shall the Revolving Facility Fee Rate be less than 0.0%. Notwithstanding anything to the contrary herein, until the delivery of (or failure to deliver) the Sustainability Certificate in respect of the Reference Year ending December 31, 2024 pursuant to Section 1.6(e), the Sustainability Fee Adjustment shall be 0.0% and there shall be no Sustainability Fee Adjustment to the Revolving Facility Fee Rate.
Revolving Facility Fee Rate means the percentage set forth in the table below corresponding to the Level at which the “Applicable Margin” is determined in accordance with the definition thereof: Level Facility Fee 1 0.125 % 2 0.150 % 3 0.200 % 4 0.250 % 5 0.300 % Any change in the applicable Level at which the Applicable Margin is determined shall be effective as of the first day of the first calendar month immediately following receipt by the Administrative Agent of written notice delivered by the Borrower in accordance with Section 8.4(o) that the Parent’s Credit Rating has changed.
Examples of Revolving Facility Fee Rate in a sentence
Each change in the Applicable Margin and the Revolving Facility Fee Rate resulting from a Sustainability Certificate shall be effective during the period commencing on and including the applicable Sustainability Pricing Adjustment Date and ending on the date immediately preceding the next such Sustainability Pricing Adjustment Date.
More Definitions of Revolving Facility Fee Rate
Revolving Facility Fee Rate means the percentage set forth in the table below corresponding to the Level at which the “Applicable Margin” is determined in accordance with the definition thereof: