Tranche 1 Ticking Fee definition

Tranche 1 Ticking Fee as defined in subsection 2.3(a).
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Tranche 1 Ticking Fee has the meaning specified in Section 2.09(a)(i).
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Tranche 1 Ticking Fee has the meaning specified in Section 2.09(a)(i). “Tranche 2 Ticking Fee” has the meaning specified in Section 2.09(a)(ii). “Transactions” means, collectively, any and all of the following (whether or not consummated): (i) the Combination Transactions, (ii) the entry into the Transaction Agreements and all the transactions thereunder, (iii) the entry into this Agreement, and the initial incurrence of Indebtedness hereunder and (iv) all other transactions relating to any of the foregoing (including payment of fees and expenses related to any of the foregoing). 35 1006836498v2
Sample 1

Examples of Tranche 1 Ticking Fee in a sentence

  • The Tranche 1 Ticking 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 Tranche 1 Ticking Fee shall accrue commencing on August 15, 2021 to the end of the Availability Period, 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 Effective Date, and on the last day of the Availability Period.

  • No Tranche 1 Ticking Fee or Tranche 2 Ticking Fee shall accrue for the account of a Defaulting Lender so long as such Lender shall be a Defaulting Lender.

  • The Tranche 1 Ticking Fee shall accrue from and including the date that is the later of (a) the Effective Date and (b) May 14, 2024 to but excluding the Ticking Fee Payment Date, and shall be due and payable on the Ticking Fee Payment Date.

  • The Tranche 1 Ticking Fee shall accrue commencing on September 28, 2017 to the end of the Availability Period, 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 Effective Date, and on the last day of the Availability Period.

  • The Tranche 1 Ticking Fee shall be calculated based on the number of days (if any) elapsed in a 360-day year.


More Definitions of Tranche 1 Ticking Fee

Tranche 1 Ticking Fee as defined in subsection 2.3(b). “Tranche 2 Commitment”: as to any Lender, the obligation of such Lender to make Loans to the Borrower hereunder during the Commitment Period in an aggregate principal amount not to exceed the amount set forth opposite such Lender’s name on Schedule I under the heading “Tranche 2 Commitment,” as such amount may be reduced or increased from time to time in accordance with the provisions of this Agreement. “Tranche 2 Loans”: a loan made by a Lender pursuant to its Tranche 2 Commitment to the Borrower as part of a Borrowing. “Tranche 2 Ticking Fee”: as defined in subsection 2.3(c). “Transaction Costs”: all fees, costs and expenses incurred or payable by the Borrower or any of its Subsidiaries in connection with the Transactions. “Transactions”: the (i) execution and delivery of this Agreement and the other Loan Documents, (ii) the borrowing of Loans and the use of the proceeds thereof, (iii) the consummation of the Target Acquisition and (iv) the payment of Transaction Costs. “Transferee”: as defined in subsection 11.6(f). - 26 - Active.28128860.17
Sample 1

Related to Tranche 1 Ticking Fee

  • Ticking Fee has the meaning specified in Section 2.09(b).

  • Commitment Fee has the meaning specified in Section 2.09(a).

  • Facility Fee has the meaning specified in Section 2.09(a).

  • Upfront Fee has the meaning specified in Section 2.07 hereof.

  • Commitment Fee Percentage means 0.25% per annum.

  • Unused Commitment Fee has the meaning specified in Section 2.12(a) (Fees).

  • Facility Fee Percentage means, as of any date, the percentage set forth in the column headed “Facility Fee Percentage” in Section 2.3 that is in effect on such date.

  • Applicable Commitment Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.15(C)(i) hereof determined in accordance with the provisions of Section 2.15(D)(ii) hereof.

  • Applicable Commitment Fee Rate shall mean the percentage rate per annum based on the Leverage Ratio then in effect according to the pricing grid on Schedule 1.1(A) below the heading “Commitment Fee.”

  • Revolving Commitment Fee has the meaning specified in Section 2.09(a).

  • Unused Fee has the meaning specified in Section 2.09(a).

  • Unused Facility Fee has the meaning specified in Section 2.09(a).

  • Amendment Fee means any fee offered, paid or payable to any Lender Party by the Borrower or any Affiliate of the Borrower (whether directly or through the Administrative Agent or any other Person) in consideration for any waiver of, or agreement to amend or modify any provision of, any of the Financing Documents.

  • Applicable Facility Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.14(C)(i) hereof determined in accordance with the provisions of Section 2.14(D)(ii) hereof.

  • Unused Revolving Line Facility Fee is defined in Section 2.4(d). [Signature page follows.]

  • L/C Participation Fee shall have the meaning assigned to such term in Section 2.05(c).

  • Applicable L/C Fee Percentage means, as at any date of determination, a rate per annum equal to the Applicable Eurocurrency Margin for Eurocurrency Rate Loans in effect on such date.

  • Commitment Fees has the meaning set forth in Section 2.11(a).

  • Tranche B Maturity Date means May 8, 2009, or, if such day is not a Business Day, the next preceding Business Day.

  • Facility Fees has the meaning provided in Section 2.11(a).

  • Tranche B Term Loan Maturity Date means April 9, 2020 (or if such date is not a Business Day, the immediately preceding Business Day) or such earlier date as may result from the operation of Section 2.08(b), if applicable.

  • Applicable Commitment Fee Margin means, for each Pricing Period, the margin set forth below (expressed in basis points per annum) opposite the Applicable Pricing Level for that Pricing Period: Applicable Pricing Level Margin II 10.0 V 17.5

  • Applicable Unused Line Fee Percentage means, as of any date of determination, the applicable percentage set forth in the following table that corresponds to the Average Revolver Usage of Borrowers for the most recently completed month as determined by Agent in its Permitted Discretion; provided, that for the period from the Closing Date through and including February 28, 2015, the Applicable Unused Line Fee Percentage shall be set at the rate in the row styled "Level II"; provided further, that any time an Event of Default has occurred and is continuing, the Applicable Unused Line Fee Percentage shall be set at the margin in the row styled "Level II": Level Average Revolver Usage Applicable Unused Line Fee Percentage I > 50% of the Maximum Revolver Amount 0.25 percentage points II < 50% of the Maximum Revolver Amount 0.375 percentage points The Applicable Unused Line Fee Percentage shall be re-determined on the first date of each fiscal month of Borrowers by Agent.

  • Tranche C Loan has the meaning specified in Section 2.01(c).

  • Applicable Fee Percentage means, as of any date of determination thereof, the applicable percentage used to calculate certain of the fees due and payable hereunder, determined by reference to the appropriate columns in the Pricing Matrix attached to this Agreement as Schedule 1.1.

  • Applicable Facility Fee 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 2 0.125% 3 0.150% 4 0.200% 5 0.250%