Common use of Guarantee Commission Clause in Contracts

Guarantee Commission. The Borrower shall pay to the Agent (for distribution to GIEK) a guarantee commission of 1.75% per annum of the outstanding amounts under the GIEK Guarantee, payable semi-annually in arrears, the first time6 months after the Drawdown Date.

Appears in 3 contracts

Samples: Guarantee Agreement (KNOT Offshore Partners LP), Facility Agreement (KNOT Offshore Partners LP), Fourth Supplemental Agreement (KNOT Offshore Partners LP)

AutoNDA by SimpleDocs

Guarantee Commission. The Borrower shall pay to the Agent (for distribution to GIEK) a guarantee commission of 1.751,35 % per annum of the outstanding amounts under the GIEK Guarantee, payable six months after the relevant drawdown date for the Export Credit Tranche and thereafter semi-annually in arrears, the first time6 months after the Drawdown Date.

Appears in 1 contract

Samples: Second Supplemental Agreement (KNOT Offshore Partners LP)

AutoNDA by SimpleDocs

Guarantee Commission. The Borrower shall pay to the Agent (for distribution to GIEK) a guarantee commission of 1.75% per annum of the outstanding amounts under the GIEK Guarantee, payable semi-annually in arrears, the first time6 months after the Drawdown Date.. 57/74

Appears in 1 contract

Samples: Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.