Applicable L/C Fee Percentage definition

Applicable L/C Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 3.08(a) hereof as set forth in the Pricing Schedule.

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

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

Examples of Applicable L/C Fee Percentage in a sentence

• Applicable Margin, Applicable Commitment Fee Percentage and Applicable L/C Fee Percentage.

• After the occurrence and during the continuance of a Default described in Section 8.1(B) or, at the option of the Administrative Agent or at the direction of Required Lenders, after the occurrence and during the continuance of any other Default, the interest rate(s) applicable to the Obligations shall be equal to the then applicable rate plus two percent (2.0%) per annum, and the fee described in Section 3.8(A) shall be equal to the then Applicable L/C Fee Percentage plus two percent (2.0%) per annum.

• Eurodollar Margin, Applicable L/C Fee Percentage and Applicable Commitment Fee Percentage.

• After the occurrence and during the continuance of a Default, the interest rate(s) applicable to the Obligations shall be equal to the then applicable rate plus two percent (2%) per annum, and the fee described in Section 3.8(A) shall be equal to the then Applicable L/C Fee Percentage plus two percent (2%) per annum.

• Applicable Eurodollar Margin, Applicable L/C Fee Percentage and Applicable Commitment Fee Percentage.

More Definitions of Applicable L/C Fee Percentage

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.

Applicable L/C Fee Percentage means that as set forth in Section 2.07 hereof.

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

Applicable L/C Fee Percentage means, as of any date of determination thereof, the applicable percentage used to calculate the Letter of Credit Fees due and payable hereunder, determined by reference to the appropriate columns in the pricing matrix attached to this Agreement as Schedule 1.1.

Applicable L/C Fee Percentage means, as at any date of determination, (x) with respect to Performance Letters of Credit, the rate per annum then applicable to Performance Letters of Credit, and (y) with respect to Financial Letters of Credit, the rate per annum then applicable to Financial Letters of Credit, in each case determined in accordance with the provisions of Section 2.14(D)(ii).

Applicable L/C Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 3.8(A) hereof determined in accordance with the provisions of the Pricing Schedule hereto.

Applicable L/C Fee Percentage means, as at any date of determination, a rate per annum used to calculate Letter of Credit fees equal to the Applicable Eurocurrency/RFR Margin then in effect.