Unused Commitment Fee definition

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

Unused Commitment Fee shall have the meaning set forth in Section 2.5(a).

Unused Commitment Fee shall have the meaning given to the term in Section 3.5.c.

Examples of Unused Commitment Fee in a sentence

• Payments of the Program Fee and the Unused Commitment Fee shall be allocated and paid to Owners based upon their respective Invested Percentages for the applicable Interest Period.

• The Tranche A Unused Commitment Fee shall be computed on the basis of a three hundred sixty five (365) day year for the actual number of days elapsed.

• The Borrower hereby agrees to pay to the Administrative Agent, for further payment to each Agent, to the extent of Available Funds, for the account of the related Lenders, monthly in arrears, the Unused Commitment Fee and the Program Fee from the Collection Account in accordance with Section 2.06.

• The Revolving Credit Unused Commitment Fee shall be payable in arrears on the first Business Day of each succeeding Fiscal Quarter with the first of such payments to be scheduled for payment on April 1, 2023.

• The Unused Commitment Fee described herein shall accrue at all times from and after the execution and delivery of this Agreement.

More Definitions of Unused Commitment Fee

Unused Commitment Fee means the product of (A) 50 Basis Points per annum (pro rated to take into account that the fee is payable quarterly, or such shorter period if applicable) and (B) the Unused Commitment Amount.BORROWER

Unused Commitment Fee is defined in Section 4.03(b).

Unused Commitment Fee means, for any Interest Period prior to the commencement of the Amortization Period, the fee payable by the Borrower pursuant to the Fee Letter on the related Payment Date in an amount equal to product of (i) the Unused Commitment Fee Rate, (ii) an amount equal to the average daily Aggregate Commitment during such Interest Period minus the average daily Loans Outstanding during such Interest Period and (iii) a fraction, the numerator of which is the actual number of days during such Interest Period and the denominator of which is 360.

Unused Commitment Fee has the meaning set forth in the Fee Letter.

Unused Commitment Fee means a fee equal to the product of (i) the amount by which the Maximum Facility Amount exceeds the Outstanding Principal Amount (in each case, as of any date of determination) and (ii) 0.50%.

Unused Commitment Fee shall have the meaning specified in Section 6(d) of this Supplement.

Unused Commitment Fee has the meaning ascribed to such term in SECTION 4.04(a).