Borrowing Base Utilization Grid. Borrowing Base Utilization Percentage <25% ³25% <50% ³50% <75% ³75% <90% ³90% Eurodollar Loans 1.50 % 1.75 % 2.00 % 2.25 % 2.50 % ABR Loans 0.50 % 0.75 % 1.00 % 1.25 % 1.50 % Commitment Fee Rate 0.375 % 0.375 % 0.50 % 0.50 % 0.50 %
Appears in 2 contracts
Samples: Credit Agreement (Parsley Energy, Inc.), Credit Agreement (Rice Energy Inc.)
Borrowing Base Utilization Grid. Borrowing Base Utilization Percentage <≥ 90% < 90% < 75% < 50% < 25% ³25LIBOR Loans 3.50% <503.25% ³503.00% <752.75% ³75% <90% ³90% Eurodollar Loans 1.50 % 1.75 % 2.00 % 2.25 % 2.50 2.50% ABR Loans 0.50 2.50% 0.75 2.25% 1.00 2.00% 1.25 1.75% 1.50 1.50% Commitment Fee Rate 0.375 0.50% 0.375 0.50% 0.50 0.50% 0.50 0.50% 0.50 0.50%
Appears in 2 contracts
Samples: Credit Agreement, Credit Agreement (California Resources Corp)
Borrowing Base Utilization Grid. Borrowing Base Utilization Percentage <25% ³25% <50% ³50% <75% ³75% <90% ³90% Eurodollar Loans 1.50 1.75% 1.75 2.00% 2.00 2.25% 2.25 2.50% 2.50 2.75% ABR Loans 0.50 0.75% 0.75 1.00% 1.00 1.25% 1.25 1.50% 1.50 1.75% Commitment Fee Rate 0.375 0.375% 0.375 0.375% 0.50 0.50% 0.50 0.50% 0.50 0.50%
Appears in 2 contracts
Samples: Credit Agreement (Rice Energy Inc.), Credit Agreement (Rice Energy Inc.)
Borrowing Base Utilization Grid. Borrowing Base Utilization Percentage << 25% ³25³ 25% <50% ³50³ 50% <75% ³75³ 75% <90% ³90³ 90% Eurodollar Loans 1.50 % 1.75 % 2.00 % 2.25 % 2.50 % 2.75 % 3.00 % ABR Loans 0.50 % 0.75 % 1.00 % 1.25 % 1.50 % 1.75 % 2.00 % Commitment Fee Rate 0.375 % 0.375 % 0.50 % 0.50 % 0.50 %
Appears in 2 contracts
Samples: Credit Agreement (Rice Energy Operating LLC), Credit Agreement (Rice Energy Inc.)
Borrowing Base Utilization Grid. Borrowing Base Utilization Percentage <25% ³25% ≥25%, but <50% ³50% ≥50%, but <75% ³75% ≥75%, but <90% ³90≥90% ABR Loan Margin 1.00% 1.25% 1.50% 1.75% 2.00% Eurodollar Loans 1.50 Loan Margin 2.00% 1.75 2.25% 2.00 2.50% 2.25 2.75% 2.50 % ABR Loans 0.50 % 0.75 % 1.00 % 1.25 % 1.50 % Commitment Fee Rate 0.375 % 0.375 % 0.50 % 0.50 % 0.50 3.00%
Appears in 1 contract
Borrowing Base Utilization Grid. Borrowing Base Utilization Percentage <25% ³25% ≥ 25%, but <50% ³50% ≥ 50%, but <75% ³75% ≥ 75%, but <90% ³90≥ 90%, but ≤100% ABR Loans 3.00% 3.25% 3.50% 3.75% 4.00% Eurodollar Loans 1.50 4.00% 1.75 4.25% 2.00 4.50% 2.25 4.75% 2.50 % ABR Loans 0.50 % 0.75 % 1.00 % 1.25 % 1.50 5.00% Commitment Fee Rate 0.375 0.50% 0.375 0.50% 0.50 0.75% 0.50 0.75% 0.50 0.75%
Appears in 1 contract
