Ticking Fees. The Borrower agrees to pay to the Administrative Agent for the account of each Lender a ticking fee in Dollars (the “Ticking Fees”) in an amount equal to 0.125% per annum (computed on the basis of the actual number of days elapsed in a year of 360 days) multiplied by the aggregate outstanding Commitments of such Lender then outstanding, accruing from and including the Effective Date to but excluding the earlier of (i) the termination of the Commitments with respect to the applicable Tranche of Loans and (ii) the Funding Date (such earlier date, the “Ticking Fee End Date”). The Ticking Fees shall be payable in arrears on each Payment Date during the Commitment Period and on the Ticking Fee End Date.
Ticking Fees. The Borrower agrees to pay to the Administrative Agent for the account of each Lender a ticking fee (the “Ticking Fee”), which shall accrue at a rate of 30.0 basis points (0.30%) on the daily amount of the Commitment of such Lender during the period from and including September 23, 2015 to but excluding the earlier of (i) the Initial Availability Date and (ii) the date on which such Commitment terminates. Accrued Ticking Fees shall be payable in arrears on the last day of March, June, September and December of each year and on the earlier of (i) the Initial Availability Date and (ii) the date on which any Commitment terminates, commencing on the first such date to occur after September 23, 2015. All Ticking Fees shall be computed on the basis of a year of 360 days, unless such computation would exceed the Highest Lawful Rate, in which case interest shall be computed on the basis of a year of 365 days (or 366 days in a leap year), and shall be payable for the actual number of days elapsed (including the first day but excluding the last day). For the avoidance of doubt, if the Initial Availability Date occurs prior to September 23, 2015, no Ticking Fees shall be payable by the Borrower.
Ticking Fees. Fees otherwise payable pursuant to Section 2.8(c) shall cease to accrue on the Commitment of such Defaulting Lender and the Borrower shall not be required to pay any such fee for such period that otherwise would have been required to have been paid to that Defaulting Lender.
Ticking Fees. The Borrower agrees to pay to each Lender a ticking fee equal to the ticking fee rate (the “Ticking Fee Rate”) equal to the rate applicable to the commitment fee, mutatis mutandis, as set forth in Section 2.4(a) (computed on the basis of the actual number of days elapsed in a year of 365 or 366 days, as the case may be) on the undrawn amount of each Lender’s Incremental Available Amount, during the period from the later of (x) the execution and delivery of this Agreement and (y) January 13, 2022, to and including the last day of the earlier of the Closing Date and the Full Availability Expiration, which ticking fees shall be payable quarterly in arrears (i) on the last Business Day of each March, June, September and December and (ii) on the earlier of (x) the Closing Date and (y) the Full Availability Expiration.
Ticking Fees. The Borrower agrees to pay to each Lender a ticking fee equal to the ticking fee rate (the “Ticking Fee Rate”) as set forth in Section 2.3(f) (computed on the basis of the actual number of days elapsed in a year of 365 or 366 days, as the case may be) on the undrawn amount of each Lender’s Term Loan Commitment, commencing upon the later of (x) the execution and delivery of this Agreement and (y) March 14, 2021, which ticking fees shall be payable quarterly in arrears (i) on the last Business Day of each March, June, September and December and (ii) on the earlier of (x) the third Closing Date and (y) the date on which the Commitments terminate.
Ticking Fees. The Borrower shall pay the ticking fees pursuant to the Fee Letter.
Ticking Fees. The Borrower agrees to pay in immediately available Dollars for the account of the Lenders as set forth below in this Section 2.06, a ticking fee (collectively, the “Ticking Fee”) at a rate per annum equal to 0.125% of the Total Commitment, for the period from and including the date that is 90 days following the Effective Date to but excluding the earlier of (i) the Initial Funding Date and (ii) the date the Commitments are terminated in accordance with this Agreement, and payable on such date. The Ticking Fees shall be computed on the basis of the actual number of days elapsed in a year of 360 days (including the first day but excluding the last day).
Ticking Fees. The Borrower agrees to pay to the Agent, for the account of and rateable benefit of each Lender, non-refundable ticking fees (the “Ticking Fees”), which shall accrue at 0.20% per annum on the daily unused amount of such Xxxxxx’s Commitment during the period commencing on the date that is 60 days following the date hereof and ending on the Closing Date or, if later, the date of termination of the Commitments. Accrued Ticking Fees shall be payable in Sterling on the Closing Date and on such other date on which the Commitments terminate.
Ticking Fees. The Borrowers agree to pay on the Closing Date to the Administrative Agent for the benefit of the Lenders a ticking fee (the “Ticking Fee”), which Ticking Fee shall accrue at a rate per annum equal to the Ticking Fee Rate (as defined below) on the aggregate amount of outstanding commitments in respect of the Term B Loans, and shall be earned and due and payable on the Closing Date. The “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 Fees. The Borrower agrees to pay to the Administrative Agent, for the account of each Lender, a ticking fee equal to the applicable Commitment Fee for the period from and including the date that is 45 days after the Closing Date and through (but excluding) the Effective Date, payable on the last day of each calendar quarter or, if earlier, on the Effective Date.
