Tranche 2 Facility Fee definition

Tranche 2 Facility Fee shall have the meaning provided in Section 3.01(b).
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Tranche 2 Facility Fee has the meaning provided in Section 2.11(b).
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Tranche 2 Facility Fee has the meaning specified in Section 2.09(a)(ii). “Tranche 2 Lender” means a Lender with a Tranche 2 Commitment or holding Tranche 2 Loans. “Tranche 2 Loan” has the meaning specified in Section 2.01(b). “Transaction Agreements” has the meaning specified in the recitals hereto. 41
Sample 1

Examples of Tranche 2 Facility Fee in a sentence

  • Accrued Tranche 2 Facility Fees shall be due and payable quarterly in arrears on the last Business Day of each calendar quarter and on the Final Maturity Date and, with respect to any Tranche 2 Facility Fee owing to any Tranche 2 Lender who is replaced pursuant to Section 1.13, on the date on which such Tranche 2 Lender is replaced.

  • The Tranche 2 Facility 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.


More Definitions of Tranche 2 Facility Fee

Tranche 2 Facility Fee in Dollars equal to the Applicable Rate times the actual daily amount of (i) on or prior to August 15, 2021, the aggregate Tranche 2 Commitments not to exceed $785,416,666.67 and (ii) after August 15, 2021, the Aggregate Tranche 2 Commitments (or, if the Aggregate Tranche 2 Commitments have terminated, on the Total Tranche 2 Outstandings), regardless of usage, subject to adjustment as provided in Section 2.17. The Tranche 2 Facility Fee shall accrue at all times during the Availability Period (and thereafter so long as any Tranche 2 Loans remain outstanding), including at any time during which one or more of the applicable conditions in Sections 4.02 and 4.03 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 Effective Date, and on the last day of the Availability Period (and, if applicable, thereafter on demand). The Tranche 2 Facility 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. (b)
Sample 1

Related to Tranche 2 Facility Fee

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

  • 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%

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

  • Tranche B Facility means the aggregate of the Tranche B Commitments.

  • 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.]

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

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

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

  • Revolving Facility Maturity Date means, as the context may require, (a) with respect to the Revolving Facility in effect on the Closing Date, the fifth anniversary of the Closing Date and (b) with respect to any other Classes of Revolving Facility Commitments, the maturity dates specified therefor in the applicable Extension Amendment or Refinancing Amendment.

  • 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.

  • Tranche 2 has the meaning set forth in Section 2.2(a)(ii).

  • Commitment Fee Percentage means 0.25% per annum.

  • Tranche A Facility means the aggregate of the Tranche A Commitments.

  • Revolving Facility Percentage means, with respect to any Revolving Facility Lender of any Class, the percentage of the total Revolving Facility Commitments of such Class represented by such Lender’s Revolving Facility Commitment of such Class. If the Revolving Facility Commitments of such Class have terminated or expired, the Revolving Facility Percentages of such Class shall be determined based upon the Revolving Facility Commitments of such Class most recently in effect, giving effect to any assignments pursuant to Section 9.04.

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.

  • 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.

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

  • Revolving Credit Commitment Fee shall have the meaning assigned to such term in Section 2.05(a).

  • Revolving Facility Exposure means, for any Lender at any time, the sum of (i) the principal amount of Revolving Loans made by such Lender and outstanding at such time, and (ii) such Lender’s share of the LC Outstandings at such time.

  • Incremental Revolving Facility has the meaning assigned to such term in Section 2.22(a).

  • 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.”

  • Applicable Facility Fee Rate means, at any time, the percentage rate per annum at which Facility Fees are accruing on the Aggregate Commitment (without regard to usage) at such time as set forth in the Pricing Schedule.

  • Tranche 1 January 1, 2015 through December 31, 2015, which is allotted 25% of the Target Award,

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Incremental Revolving Facility Lender means a Lender with an Incremental Revolving Facility Commitment or an outstanding Incremental Revolving Loan.