Revolving Credit Commitment Fee Rate shall have the meaning assigned to such term in the definition of the term “Applicable Percentage”.
Revolving Credit Commitment Fee Rate means a rate per annum set forth below opposite the Status in effect on such day: Status Revolving Credit Commitment Fee Rate Level I Status 0.375% Level II Status 0.25% Level III Status 0.125%
Revolving Credit Commitment Fee Rate means with respect to the Available Revolving Commitment applicable to all Revolving Credit Lenders, on any date, the rate per annum set forth below based upon the Status in effect on such day: Status Revolving Credit Commitment Fee Rate Level I Status 0.50 % Level II Status 0.375 % Notwithstanding the foregoing or anything contained in the definition of “Status,” the term “Revolving Credit Commitment Fee Rate” shall mean 0.50% during the period from and including the Conversion Date to but excluding the earlier of (i) the date on which the Borrower delivers an Initial Pricing Certificate to the Administrative Agent (which date may be the Conversion Date) and (ii) the Initial Financial Statements Delivery Date.
Examples of Revolving Credit Commitment Fee Rate in a sentence
For each day during such period the Revolving Credit Commitment Fee shall be computed on the Available Revolving Commitments as in effect on such day, at a rate per annum equal to the Revolving Credit Commitment Fee Rate in effect on such day.
More Definitions of Revolving Credit Commitment Fee Rate
Revolving Credit Commitment Fee Rate means, with respect to the Available Revolving Commitment applicable to the Revolving Credit Lenders, on any date, the rate per annum set forth below based upon the Status in effect on such day: Status Revolving Credit Commitment Fee Rate Level I Status 0.50 % Level II Status 0.50 % Level III Status 0.375 % Notwithstanding the foregoing, the term “Revolving Credit Commitment Fee Rate” shall mean 0.50% during the period from and including the Closing Date to but excluding the Initial Financial Statements Delivery Date.
Revolving Credit Commitment Fee Rate has the meaning set forth in the definition of “Applicable Margin”.
Revolving Credit Commitment Fee Rate means a rate equal to 0.50% per annum; provided, that on and after the first Adjustment Date occurring after the completion of one full fiscal quarter of the Borrower after the Closing Date, the Revolving Credit Commitment Fee Rate will be determined pursuant to the Applicable Pricing Grid.
Revolving Credit Commitment Fee Rate means, with respect to the Available Commitment on any day, and with respect to (i) Series 2013 Revolving Credit Commitments, the rate per annum set forth below opposite the Status in effect on such day and (ii) Series 2016 Revolving Credit Commitments, the rate per annum is 0.625%. Status Commitment Fee Rate with respect to Series 2013 Revolving Credit Loans Level I Status 0.50 % Level II Status 0.375 % Notwithstanding the foregoing, the term “Revolving Credit Commitment Fee Rate” shall mean 0.50% during the period from and including the Closing Date to but excluding the Trigger Date.
Revolving Credit Commitment Fee Rate. 1/2 of 1% per annum.
Revolving Credit Commitment Fee Rate means, (a) during the period prior to the Amendment No. 2 Effective Date, with respect to the Available Revolving Commitment applicable to all Original Revolving Credit Lenders, on any date, the rate per annum set forth below based upon the Status in effect on such day: Status Revolving Credit Commitment Fee Rate Level I Status 0.50% Level II Status 0.50% Level III Status 0.375% (b) during the period from and including the Amendment No. 2 Effective Date, with respect to the Available Revolving Commitment applicable to all 2013 Revolving Credit Lenders, on any date, the rate per annum set forth below based upon the Status in effect on such day: Status Revolving Credit Commitment Fee Rate Level I Status 0.50% Level II Status 0.50% Level III Status 0.375% and (c) during the period from and including the 2011 Revolving Credit Commitment Extension Effective Date, with respect to the Available Revolving Commitment applicable to all 2016 Revolving Credit Lenders, on any date, the rate per annum set forth below based upon the Status in effect on such day: Status Revolving Credit Commitment Fee Rate Level I Status 1.00% Level II Status 1.00% Level III Status 0.875% Notwithstanding the foregoing, the term “Revolving Credit Commitment Fee Rate” shall mean 0.50% during the period from and including the Closing Date to but excluding the Initial Financial Statements Delivery Date.
Revolving Credit Commitment Fee Rate means the applicable rate per annum set forth below under the caption “Revolving Credit Commitment Fee Rate” based upon the Consolidated Superpriority Secured Net Debt to Consolidated EBITDA Ratio as of the end of the fiscal quarter of the Borrower for which consolidated financial statements have theretofore been most recently delivered pursuant to Section 9.1(a) or (b); provided that, until the date of the delivery of the consolidated financial statements pursuant to Section 9.1(b) as of and for the fiscal quarter ended September 30, 2016, the Revolving Credit Commitment Fee Rate shall be based on the rates per annum set forth in Category 1: Consolidated Superpriority Secured Net Debt to Consolidated EBITDA Ratio Revolving Credit Commitment Fee Rate Category 1 Greater than 1.50 to 1.00 0.50 % Category 2 Less than or equal to 1.50 to 1.00 0.375 % For purposes of the foregoing, each change in the Revolving Credit Commitment Fee Rate resulting from a change in the Consolidated Superpriority Secured Net Debt to Consolidated EBITDA Ratio shall be effective during the period commencing on and including the Business Day following the date of delivery to the Administrative Agent pursuant to Section 9.1(a) or (b) of the consolidated financial statements indicating such change and ending on the date immediately preceding the effective date of the next such change.