Utilization Fee Rate definition

Utilization Fee Rate means the percentage set forth in Schedule 1 hereto beside the then applicable Level.

Utilization Fee Rate means, at any time, the percentage rate per annum at which utilization fees are accruing pursuant to Section 2.5.2 at such time as set forth in the Pricing Schedule.

Utilization Fee Rate means, at any time, the percentage rate per annum at which utilization fees are accruing at such time as set forth in the Pricing Schedule.

Examples of Utilization Fee Rate in a sentence

• The Company shall pay or cause the Borrowing Subsidiaries to pay to the Agent in US Dollars, for the accounts of the Lenders, utilization fees at the relevant Utilization Fee Rate specified in the definition of Applicable Rate, on the amounts of the outstanding Loans of the Lenders for each day on which the aggregate amount of the US Dollar Equivalents of the outstanding principal amounts of the Loans shall be greater than 50% of the aggregate amount of the Commitments.

• For any day on which the aggregate amount of Loans then outstanding exceeds fifty percent (50%) of the Commitments then in effect, or if any Loans remain outstanding after the Commitments have been terminated, then Borrower shall pay to the Administrative Agent for the ratable account of the Lenders in accordance with their Percentages a utilization fee accruing at a rate per annum equal to the Utilization Fee Rate on the aggregate amount of Loans outstanding on such date.

• For each day on which the aggregate principal amount of Advances outstanding exceeds an amount equal to 50% of the aggregate Commitments, the Borrower agrees to pay to the Administrative Agent for the account of each Lender a utilization fee (the “Utilization Fee”) on the aggregate principal amount of the Advances of such Lender outstanding on such day at a rate per annum equal to the Applicable Utilization Fee Rate.

• The Borrower agrees to pay to the Administrative Agent for the account of each Lender a utilization fee at a rate per annum equal to the Utilization Fee Rate on the aggregate unpaid principal amount of such Lender’s Loans for each day on which the aggregate outstanding principal amount of all outstanding Loans exceeds 50% of the Aggregate Commitments (the “Utilization Fee”), payable on the last day of each calendar quarter hereafter and on the Repayment Date.

• The Applicable Eurodollar Margin, the Applicable Facility Fee Rate and the Applicable Utilization Fee Rate (the Applicable Eurodollar Margin, the Applicable Facility Fee Rate and the Applicable Utilization Fee Rate, individually or collectively, the "Applicable Margin" or "Applicable Rate") shall be equal to the percentage per annum set forth below (in basis points).

More Definitions of Utilization Fee Rate

Utilization Fee Rate the utilization fee rate per annum set forth in the definition of “Applicable Margin”.

Utilization Fee Rate. 0.10% per annum.

Utilization Fee Rate means, at any time for any Borrower, the "Utilization Fee Rate" applicable for such Borrower at such time in accordance with the Pricing Schedule.

Utilization Fee Rate means a percentage, determined as set forth in Section 2.8.

Utilization Fee Rate has the meaning set forth in the Fee Letter.

Utilization Fee Rate as determined pursuant to the Pricing Grid.

Utilization Fee Rate for any day, 0.050% per annum.