Borrowing Base Utilization Grid. Borrowing Base Utilization Percentage < 25% ³ 25% <50% ³ 50% <75% ³ 75% <90% ³ 90% Eurodollar Loans 2.00 % 2.25 % 2.50 % 2.75 % 3.00 % ABR Loans 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 ≥ 90% < 90% < 75% < 50% < 25% ³ 25LIBOR Loans 3.50% <503.25% ³ 503.00% <752.75% ³ 75% <90% ³ 90% Eurodollar Loans 2.00 % 2.25 % 2.50 % 2.75 % 3.00 2.50% ABR Loans 1.00 2.50% 1.25 2.25% 1.50 2.00% 1.75 1.75% 2.00 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% ³ 25³25% <50% ³ 50³50% <75% ³ 75³75% <90% ³ 90³90% 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 (Parsley Energy, Inc.), Credit Agreement (Rice Energy Inc.)
Borrowing Base Utilization Grid. Borrowing Base Utilization Percentage < <25% ³ 25³25% <50% ³ 50³50% <75% ³ 75³75% <90% ³ 90³90% Eurodollar Loans 2.00 1.75% 2.25 2.00% 2.50 2.25% 2.75 2.50% 3.00 2.75% ABR Loans 1.00 0.75% 1.25 1.00% 1.50 1.25% 1.75 1.50% 2.00 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% ³ ≥ 25% %, but <50% ³ ≥ 50% %, but <75% ³ ≥ 75% %, but <90% ³ ≥ 90%, but ≤100% ABR Loans 3.00% 3.25% 3.50% 3.75% 4.00% Eurodollar Loans 2.00 4.00% 2.25 4.25% 2.50 4.50% 2.75 4.75% 3.00 % ABR Loans 1.00 % 1.25 % 1.50 % 1.75 % 2.00 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
Borrowing Base Utilization Grid. Borrowing Base Utilization Percentage < <25% ³ 25% ≥25%, but <50% ³ 50% ≥50%, but <75% ³ 75% ≥75%, but <90% ³ 90≥90% ABR Loan Margin 1.00% 1.25% 1.50% 1.75% 2.00% Eurodollar Loans 2.00 Loan Margin 2.00% 2.25 2.25% 2.50 2.50% 2.75 2.75% 3.00 % ABR Loans 1.00 % 1.25 % 1.50 % 1.75 % 2.00 % Commitment Fee Rate 0.375 % 0.375 % 0.50 % 0.50 % 0.50 3.00%
Appears in 1 contract