Ticking Fee definition
Examples of Ticking Fee in a sentence
All Ticking Fees shall be computed on the basis of a year of 360 days and shall be payable for the actual number of days elapsed (including the first day of the Ticking Fee Accrual Period but excluding the last day of the Ticking Fee Accrual Period).
The Ticking Fee shall be payable on the Commitment Termination Date.
The Ticking Fee shall be calculated by the Administrative Agent on the basis of a 360-day year for the actual days (including the first day and excluding the last day) occurring in the period for which such fee is payable.
All Ticking Fees shall be computed on the basis of a year of 360 days and shall be payable for the actual number of days elapsed (including the first day of the applicable Ticking Fee Accrual Period but excluding the last day of such Ticking Fee Accrual Period).
Accrued Ticking Fees shall be payable in arrears on the last day of the Ticking Fee Accrual Period.