Unused DDTL Commitment Fee definition

Unused DDTL Commitment Fee has the meaning specified in Section 2.7(a)(ii).
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Unused DDTL Commitment Fee has the meaning given to such term in Section 3.01(b).
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Unused DDTL Commitment Fee means, for any period, the product obtained by multiplying (a) the average daily undrawn DDTL Commitment during such month, times (b) three quarters of one percent (0.75%) per annum.
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Examples of Unused DDTL Commitment Fee in a sentence

  • The Unused DDTL Commitment Fee shall be payable quarterly in arrears on the last day of each March, June, September and December, beginning with the fiscal quarter ending March 31, 2020, and on the DDTL Commitment Expiration Date or any earlier date on which the DDTL Commitments shall terminate.

  • A Lender that is a Non-Funding Lender pursuant to clause (a) of the definition of Non-Funding Lender shall not earn and shall not be entitled to receive, and the Borrower shall not be required to pay, such Lender’s portion of the Unused Commitment Fee or Unused DDTL Commitment Fee during the time such Lender is a Non-Funding Lender pursuant to such clause (a).

  • The Unused DDTL Commitment Fee shall be payable quarterly in arrears on the first day of each April, July, October and January and on the DDTL Commitment Expiration Date or any earlier date on which the DDTL Commitments shall terminate.

  • A Lender that is a Defaulting Lender shall not be entitled to receive any Unused DDTL Commitment Fee, as applicable, for any period during which that Lender is a Defaulting Lender (and the Borrower shall not be required to pay any such fee that otherwise would have been required to have been paid to that Defaulting Lender).


More Definitions of Unused DDTL Commitment Fee

Unused DDTL Commitment Fee shall have the meaning set forth in Section 4.01(b). “U.S.” and “United States” shall mean the United States of America. “Voting Stock” shall mean, with respect to any Person, shares of such Person’s Capital Stock having the right to vote for the election of directors (or Persons acting in a comparable capacity) of such Person under ordinary circumstances. “Warrant Holder” shall mean Ares. “Warrants” shall mean the warrants and related documentation issued to the Warrant Holder equal to 1.75% of the fully diluted shares outstanding of Class A common stock of Parent with a strike price equal to the amount set forth in the warrantsWarrants. DB1/ 110631747.4 37 DMSLIBRARY01\28390\059001\36918934.v2-5/20/20
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Unused DDTL Commitment Fee shall have the meaning set forth in Section 4.01(b). “U.S.” and “United States” shall mean the United States of America. “Voting Stock” shall mean, with respect to any Person, shares of such Person’s Capital Stock having the right to vote for the election of directors (or Persons acting in a comparable capacity) of such Person under ordinary circumstances. “Warrant Holder” shall mean Ares. “Warrants” shall mean the warrants and related documentation issued to the Warrant Holder equal to 1.75% of the fully diluted shares outstanding of Class A common stock of Parent with a strike price equal to the amount set forth in the Warrants. “Write-Down and Conversion Powers” shall mean, with respect to any EEA Resolution Authority, the write-down and conversion powers of such EEA Resolution Authority from time to time under the Bail-In Legislation for the applicable EEA Member Country, which write-down and conversion powers are described in the EU Bail-In Legislation Schedule. SECTION 1.02
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Unused DDTL Commitment Fee shall have the meaning set forth in Section 4.01(b).
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Related to Unused DDTL Commitment Fee

  • Unused Commitment Fee has the meaning specified in Section 2.12(a) (Fees).

  • Commitment Fee has the meaning specified in Section 2.09(a).

  • Revolving Commitment Fee has the meaning specified in Section 2.09(a).

  • Applicable Commitment Fee Rate shall mean the percentage rate per annum based on the Leverage Ratio then in effect according to the pricing grid on Schedule 1.1(A) below the heading “Commitment Fee.”

  • Unused Revolving Commitment means, for any Lender at any time, the excess of (i) such Lender’s Revolving Commitment at such time over (ii) such Lender’s Revolving Facility Exposure at such time.

  • Unused Commitment Fee Rate has the meaning given to such term in the Fee Letter.

  • Applicable Commitment Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.14(C)(i) hereof determined in accordance with the provisions of Section 2.14(D)(ii) hereof.

  • Commitment Fee Percentage means, with respect to the Revolving Loan Commitments at any time, the per annum percentage which is used to calculate Commitment Fees for such Revolving Loan Commitments determined pursuant to the Pricing Grid.

  • Unused Facility Fee has the meaning specified in Section 2.09(a).

  • Unused Commitment means at any date, with respect to any Bank, an amount equal to its Commitment less the aggregate outstanding principal amount of its Syndicated Loans (but not its Money Market Loans).

  • Applicable Unused Commitment Fee Rate means 0.50% per annum.

  • Unused Fee has the meaning specified in Section 2.09(a).

  • Available Unused Commitment means, with respect to a Revolving Facility Lender under any Class of Revolving Facility Commitments at any time, an amount equal to the amount by which (a) the applicable Revolving Facility Commitment of such Revolving Facility Lender at such time exceeds (b) the applicable Revolving Facility Credit Exposure of such Revolving Facility Lender at such time.

  • Applicable Commitment Fee Margin means, for each Pricing Period, the margin set forth below (expressed in basis points per annum) opposite the Applicable Pricing Level for that Pricing Period: Applicable Pricing Level Margin II 10.0 V 17.5

  • Commitment Fees has the meaning set forth in Section 2.11(a).

  • Facility Fee has the meaning specified in Section 2.09(a).

  • Revolving Commitment Amount means, as to any Lender, the Revolving Commitment amount (if any) set forth opposite such Lender’s name on Schedule 1.1 hereto (or, in the case of any Lender that became party to this Agreement after the Closing Date pursuant to Section 16.3(c) or (d) hereof, the Revolving Commitment amount (if any) of such Lender as set forth in the applicable Commitment Transfer Supplement).

  • Unused Line Fee has the meaning specified in Section 2.5.

  • Applicable Commitment Fee Rate means:

  • Unused Commitments means an amount equal to all unadvanced funds (other than unadvanced funds in connection with any construction loan) which any third party is obligated to advance to Borrower or another Person or otherwise pursuant to any loan document, written instrument or otherwise.

  • Aggregate Revolving Commitment Amount means the aggregate principal amount of the Aggregate Revolving Commitments from time to time. On the Closing Date, the Aggregate Revolving Commitment Amount is $300,000,000.