Ticking Fee Rate definition
Ticking Fee Rate shall have the meaning assigned thereto in Section 2.4(b).
Ticking Fee Rate as of any day, the rate per annum equal to the percentage of the Applicable Margin applicable to Tranche B Term Loans that are Eurodollar Loans set forth below for such day.
Ticking Fee Rate means a rate per annum determined in accordance with the Pricing Schedule.
Examples of Ticking Fee Rate in a sentence
The Borrower agrees to pay to the Agent for the account of each Lender a ticking fee at a per annum rate equal to the Ticking Fee Rate on the average daily unused portion of such ▇▇▇▇▇▇’s Term Loan Commitment from and including July 22, 2026 to and including the last day of the Availability Period, payable on each Payment Date and on any Lender’s Scheduled Termination Date (and thereafter, if applicable, on demand), subject to adjustment as provided in Section 2.14.
More Definitions of Ticking Fee Rate
Ticking Fee Rate means 0.125% per annum.
Ticking Fee Rate as of any day, the rate per annum equal to the percentage of the Applicable Margin applicable to Tranche B Term Loans that are Eurodollar Loans set forth below for such day. Time Period after First Incremental Amendment Effective Date Percentage 30 days or less 0 % 31 to 60 days 33 % 61 to 90 days 66 % 91 days or longer 100 %
Ticking Fee Rate means 0.225% per annum.
Ticking Fee Rate has the meaning set forth in Section 2.8(a).
Ticking Fee Rate means a rate per annum equal to, for the period commencing on (a) May 22, 2019 (the “Allocation Date”) through (and including) the 45th day following the Allocation Date, 0%, (b) the 46th day after the Allocation Date through (and including) the 90th day after the Allocation Date, 50% of the Applicable Rate for Eurocurrency Rate Loans and (c) the 91th day after the Allocation Date through (but excluding) the Closing Date, 100% of the Applicable Rate for Eurocurrency Rate Loans.
Ticking Fee Rate for each day, the rate per annum based on the Ratings in effect on such day, as set forth below: Rating Ticking Fee Rate Rating I 0.080% Rating II 0.090% Rating III 0.110% Rating IV 0.150% Rating V 0.225%
Ticking Fee Rate means, from the Initial Effective Date until September 3, 2010, 0.375% per annum, and thereafter 0.50% per annum. “to the best knowledge of” means, when modifying a representation, warranty or other statement of any Person, that the fact or situation described therein is known by such Person (or, in the case of a Person other than a natural Person, known by any officer of such Person) making the representation, warranty or other statement, or, if such Person had exercised ordinary care in performing his or its required duties, would have been known by such Person (or, in the case of a Person other than a natural Person, would have been known by an officer of such Person).