Unused Line Fee Percentage means, with respect to any calendar month, (i) if the average Usage Percentage is less than 50.00% during such calendar month, [***]% per annum, and (ii) if the Usage Percentage is greater than or equal to 50.00% during such calendar month, [***]% per annum.
Unused Line Fee Percentage means (a) for each calendar month for which the average outstanding principal balance of the Obligations is greater than or equal to fifty percent (50%) of the Total Credit Facility, 0.50% per annum and (b) for each calendar month for which the average outstanding principal balance of the Obligations is less than fifty percent (50%) of the Total Credit Facility, 1.0% per annum.
Unused Line Fee Percentage means [***]% per annum.
Examples of Unused Line Fee Percentage in a sentence
Closing Date to the last day of the Availability Period, computed as (a) the applicable Unused Line Fee Percentage multiplied by (b) the average Unused Portion of the Commitments with respect to such Lender Group during a calendar quarter.
More Definitions of Unused Line Fee Percentage
Unused Line Fee Percentage means, with respect to any Lender or Lender Group, the “Unused Line Fee Percentage” set forth in the Fee Letter to which such Lender or Lender Group is a party.
Unused Line Fee Percentage as defined in the definition of the term “Applicable Margin”.
Unused Line Fee Percentage means [***]% per annum if the Usage Percentage is [***]% or more and [***]% per annum if the Usage Percentage is less than [***]%.
Unused Line Fee Percentage. (a) with respect to a calendar month for which the daily average Credit Facility Exposure is equal to or greater than 65% of the Total Credit Facility, 0.375% per annum, (b) with respect to a calendar month for which the daily average Credit Facility Exposure is less than 65% of the Total Credit Facility but greater than or equal to 30% of the Total Credit Facility, 0.500% per annum and (c) with respect to a calendar month for which the daily average Credit Facility Exposure is less than 30% of the Total Credit Facility, 0.650% per annum.
Unused Line Fee Percentage is three eighths of one percent (0.375%).
Unused Line Fee Percentage means (a) for each calendar month for which the average outstanding principal balance of the Loan is equal to or greater than $20,000,000, 0.60% per annum and (b) for each calendar month for which the average outstanding principal balance of the Loan is less than $20,000,000, 0.75% per annum, in each case computed on the basis of a Three Hundred Sixty (360) day year and the actual number of days elapsed. follows:(c) Interest. Section 2.6(a) of the Loan Agreement is amended and restated as
Unused Line Fee Percentage means one quarter of one percent (0.25%).