Unused Fee Payment Date definition

Unused Fee Payment Date means last Business Day of each March, June, September and December and the last day of the Commitment Period, or such earlier date as the Commitments shall terminate as provided in the Credit Agreement.
Unused Fee Payment Date means each April 1, July 1, October 1 and January 1.
Unused Fee Payment Date means the fifth Business Day following the end of each calendar quarter and the fifth Business Day after the Commitment Period, or such earlier date as the Commitments shall terminate as provided in the Credit Agreement or the Holder Commitment shall terminate as provided in the Trust Agreement.

Examples of Unused Fee Payment Date in a sentence

  • Such Unused Fees shall be payable quarterly in arrears on each Unused Fee Payment Date.

  • Such Unused Fees shall be calculated on the basis of a year of three hundred sixty (360) days for the actual days elapsed and shall be payable quarterly in arrears on each Unused Fee Payment Date.

  • Such Unused Fees shall be payable quarterly in arrears on each Unused Fee Payment Date and shall be pro rated for any partial quarters.

  • Such Unused Fees shall be payable quarterly in arrears on each Unused Fee Payment Date for the actual number of days elapsed in such quarter (including the first day but excluding the last day).

  • Such Unused Fees shall be payable in arrears on each Unused Fee Payment Date.

  • Such Unused Fees are payable quarterly in arrears on each Unused Fee Payment Date.

  • Unused fees shall be payable quarterly in arrears on each Unused Fee Payment Date and on the Funding Date, provided that should the Commitments be terminated at any time prior to the Funding Date for any reason, the entire accrued and unpaid unused fee shall be paid on the date of such termination.

  • Such payments of fees provided for in this Section 9.3 shall be due in arrears on each Unused Fee Payment Date.

  • Such Unused Fees shall be calculated on the basis of a year of three hundred sixty (360) days from the actual days elapsed and shall be payable monthly in arrears on each Unused Fee Payment Date.

  • Such Unused Fees shall be payable monthly in arrears on each Unused Fee Payment Date.


More Definitions of Unused Fee Payment Date

Unused Fee Payment Date means the twentieth (20th) Business Day of each calendar month during the Commitment Period.
Unused Fee Payment Date means each March 31, June 30, September 30 and December 31.
Unused Fee Payment Date means (i) any date on which Seller consummates a Securitization and (ii) on October 1 and April 1 of each year (excluding April 1, 1998) unless Seller has consummated a Securitization in the six month period preceding such date.
Unused Fee Payment Date means October 1, 1998, and thereafter the first day of each January, April, July and October, as billed by the Agent and the last Business Day of the Commitment Period, or such earlier date as the Lender Commitments shall terminate as provided in the Credit Agreement or the Holder Commitment shall terminate as provided in the Trust Agreement.
Unused Fee Payment Date means, respecting the Mortgage Lender Unused Fees and the Credit Lender Unused Fees, as applicable, on the last Business Day of each calendar month or such other date as Appendix A - 44 [*] Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934, as amended. determined by the Agent during the Commitment Period and the last Business Day of the Commitment Period, or such earlier date as the Mortgage Loan Commitments or the Credit Loan Commitments, as applicable, shall terminate as provided in the applicable Loan Agreement.

Related to Unused Fee Payment Date

  • L/C Fee Payment Date the last day of each March, June, September and December and the last day of the Revolving Credit Commitment Period.

  • Fee Payment Date (a) the third Business Day following the last day of each March, June, September and December and (b) the last day of the Revolving Commitment Period.

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

  • Unused Fee Rate means 0.50% per annum.

  • Applicable Unused Line Fee Percentage means, as of any date of determination, the applicable percentage set forth in the following table that corresponds to the Average Revolver Usage of Borrowers for the most recently completed month as determined by Agent in its Permitted Discretion; provided, that for the period from the Closing Date through and including February 28, 2015, the Applicable Unused Line Fee Percentage shall be set at the rate in the row styled "Level II"; provided further, that any time an Event of Default has occurred and is continuing, the Applicable Unused Line Fee Percentage shall be set at the margin in the row styled "Level II": Level Average Revolver Usage Applicable Unused Line Fee Percentage I > 50% of the Maximum Revolver Amount 0.25 percentage points II < 50% of the Maximum Revolver Amount 0.375 percentage points The Applicable Unused Line Fee Percentage shall be re-determined on the first date of each fiscal month of Borrowers by Agent.

  • Applicable Fee Percentage means, as of any date of determination thereof, the applicable percentage used to calculate certain of the fees due and payable hereunder, determined by reference to the appropriate columns in the Pricing Matrix attached to this Agreement as Schedule 1.1.

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

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

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

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

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

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

  • 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 Amount means the Maximum Line reduced by outstanding Revolving Advances. The Borrower agrees to pay to the Lender an unused line fee at the rate of one-half of one percent (0.5%) per annum on the average daily Unused Amount from the date of this Agreement to and including the Termination Date, due and payable monthly in arrears on the first day of the month and on the Termination Date.

  • Applicable L/C Fee Percentage means, as at any date of determination, a rate per annum equal to the Applicable Eurodollar Margin for Revolving Loans in effect on such date.

  • Note Payment Date means any date on which principal of or interest on any Note is payable.

  • 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 2.15(C)(i) hereof determined in accordance with the provisions of Section 2.15(D)(ii) hereof.

  • Servicing Fee Percentage With respect to each Mortgage Loan, the percentage specified on the Servicer Mortgage Loan Schedule.

  • Facility Fee Percentage means, as of any date, the percentage set forth in the column headed “Facility Fee Percentage” in Section 2.3 that is in effect on such date.

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

  • Ticking Fee has the meaning specified in Section 2.09(b).

  • Commitment Fee Rate has the meaning set forth in the definition of “Applicable Margin”.

  • Lease Payment Date means, with respect to any Interest Payment Date, the 5th Business Day immediately preceding such Interest Payment Date.

  • Applicable Fee Rate means, at any time, the percentage rate per annum at which Commitment Fees are accruing on the unused portion of the Aggregate Commitment at such time as set forth in the Pricing Schedule.

  • Applicable Facility 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.

  • Reduction Date has the meaning set forth in Section 20.1B.