Examples of Commitment Commission in a sentence
For the avoidance of doubt, the Borrower commits to promptly pay in full the commitment commission pursuant to Clause 16.1 (Commitment Commission), the arrangement fee pursuant to Clause 16.2 (Arrangement Fee), and the transaction expenses pursuant to Clause 17.1 (Transaction Expenses) notwithstanding cancellation of the Available Facility pursuant to this Clause 3.4.
The Commitment Commission will accrue from day to day on the basis of a 360 day year and the actual number of days elapsed and shall be paid quarterly in arrears from the Execution Date until the Commitment Termination Date with a pro rata payment being due and payable on the Commitment Termination Date.
Accrued Commitment Commission shall be due and payable, in U.S. Dollars, quarterly in arrears on each Quarterly Payment Date and on the Revolving Loan Maturity Date or such earlier date upon which the Total Revolving Loan Commitment is terminated.
Any prepayment under this Agreement shall be made together with all interest and Commitment Commission accrued on the amount so reduced up to and including the date of reduction together with any Break Costs in respect of such reduced amount if the date of such reduction is not the final day of an Interest Period.
The Commitment Commission will accrue from day to day on the basis of a 360 day year and the actual number of days elapsed and shall be paid quarterly in arrears from 30 September 2006 until the Commitment Termination Date with a pro rata payment being due and payable on the Commitment Termination Date.