Commitment Charge. The Borrower shall pay a commitment charge on the unwithdrawn amount of the Loan at the rate and on the terms specified in the Loan Agreement.
(h) Section 3.06 is deleted and the following is substituted therefor:
Commitment Charge. (a) The Borrower shall pay to the LENDERS ratably in proportion to their Credit Exposures, a commitment charge at the rate of two-fifths of one percent (0.4%) per annum on the daily undrawn and uncancelled portion of the Facility.
(b) Such commitment charge shall accrue from and including the date hereof to the Final Disbursement Date. Such commitment charge shall be payable in arrears on each Payment Date during the period commencing on the date hereof (in the case of the initial payment of such commitment charge) or the immediately preceding Payment Date (in the case of each subsequent payment of such commitment charge) up to and including such first-mentioned Payment Date or the Final Disbursement Date, as the case may be.
Commitment Charge. 9 Section 5.04. Basis of Calculation................................... 10 Section 5.05. Up-front Fee........................................... 10 Section 5.06. Agency Fee............................................. 11 Section 5.07.
Commitment Charge. The Borrower shall pay to the Bank a commitment charge on the amount unwithdrawn from the Loan Account from time to time at the rate specified in the Loan Agreement. Except as the Bank may otherwise specify in writing, such commitment charge shall accrue from the date specified in the Loan Agreement to the respective dates on which amounts shall be withdrawn from the Loan Account or shall be cancelled and shall be payable on the Due Dates, the first payment being due and payable on the first Due Date after the date on which such charge shall accrue.
Commitment Charge. (a) The Borrower shall pay to the JBIC Agent in consideration of the JBIC Loan a commitment charge on the daily unutilized portion of Tranche A, as such Tranche A may be reduced or terminated as contemplated by Section 2.03 of the Master Participation Agreement, at the rate of 0.25% per annum, and such commitment charge shall accrue from and including the date hereof to and including the Availability Period End Date. Such commitment charge shall be payable in arrears on each Interest Payment Date and on each date falling three (3) calendar months after each such Interest Payment Date for the period commencing on the date hereof (in the case of the first payment of such commitment charge) or the immediately preceding Interest Payment Date or the date falling three (3) calendar months thereafter (in the case of each subsequent payment of such commitment charge) and ending on the day immediately preceding such subsequent Interest Payment Date or the date falling three (3) calendar months thereafter, with the last installment of such commitment charge to be paid on the Availability Period End Date.
(b) The Borrower shall pay to the JBIC Agent in consideration of the JBIC Loan a commitment charge on the daily unutilized portion of Tranche B, as such Tranche B may be reduced or terminated as contemplated by Section 2.03 of the Master Participation Agreement, at the rate of 0.25% per annum, and such commitment charge shall accrue from and including the date hereof to and including the Availability Period End Date. Such commitment charge shall be payable in arrears on each Interest Payment Date and on each date falling three (3) calendar months after each such Interest Payment Date for the period commencing on the date hereof (in the case of the first payment of such commitment charge) or the immediately preceding Interest Payment Date or the date falling three (3) calendar months thereafter (in the case of each subsequent payment of such commitment charge) and ending on the day immediately preceding such subsequent Interest Payment Date or the date falling three (3) calendar months thereafter, with the last installment of such commitment charge to be paid on the Availability Period End Date.
Commitment Charge. (a) The Borrower shall pay to the LENDERS a commitment charge at the rate of XXXXX per annum on the daily unutilized portion of Tranche A and Tranche B.
(b) Such commitment charge shall accrue from and including the Accrual Date up to and including the Final Disbursement Date. The commitment charge shall be payable in arrears on each Payment Date for the period from and including the Accrual Date (in case of the initial payment of the commitment charge) or the immediately preceding Payment Date (in case of each subsequent payment of the commitment charge) up to and including the day immediately preceding the subsequent Payment Date or the Issuing Date, as the case may be.
Commitment Charge. (i) Commitment charge shall be payable in the manner and on the dates specified in the Loan Agreement.
(ii) Arrears of commitment charge shall carry interest at the lending rate(s) of the Lenders for normal rupee term loans prevailing on the date of default.
(iii) Commitment charge shall be payable even though the Loans are ultimately cancelled or not availed of for any reason whatsoever.
(iv) In the event of such cancellation, the commitment charge in respect of the Loans or any part thereof which has been cancelled, shall cease to accrue from the day on which the Borrower's request for cancellation is received by the Lenders.
Commitment Charge. On or prior to the Closing Date, Borrower has paid to lender a commitment charge of Fifteen Thousand Dollars ($15,000), which commitment charge shall be deemed fully earned on the Closing Date regardless of the early termination of this Agreement.
Commitment Charge. The Borrower shall pay ADB a Commitment Charge on the Loan at the rate specified in this Loan Agreement. If this Loan Agreement provides for the financing of the Commitment Charge out of the proceeds of the Loan, ADB shall, on behalf of the Borrower, withdraw from the Loan Account on or after the Effective Date and pay to GCF the amount of the Commitment Charge.
Commitment Charge. The Borrower shall pay a commitment charge on the unwithdrawn amount of the Loan at the rate and on the terms specified in the Loan Agreement.
