Common use of Commitment Fees Payable Clause in Contracts

Commitment Fees Payable. The Borrower shall, subject to Section 11.5(c)(y), pay to the Lenders pursuant to Section 6.4 or 9.1, as applicable, ratably in proportion to their respective Percentage Shares, a commitment fee (a “Commitment Fee”) accruing for each day during each Interest Period: (i) in the case of Term Commitments, (x) from and including the Closing Date to but excluding the date that is twelve months after the Closing Date, at a per annum rate equal to 0.25% of such Lender’s Undrawn Commitment as of the end of such day and (y) thereafter for each remaining day in the Commitment Period, at a per annum rate equal to 0.35% of such Xxxxxx’s Undrawn Commitment as of the end of such day; provided that solely for purposes of determining the Commitment Fee, the Undrawn Commitment shall be reduced by the amount of any Term Loans deemed to have been made in accordance with Section 2.5(b); (ii) in the case of the Revolving Commitments, (x) from and including the Closing Date to but excluding the date that is six months after the Closing Date, at a per annum rate equal to 0.25% of such Xxxxxx’s Undrawn Commitment as of the end of such day and (y) from and including the date that is six months after the Closing Date to but excluding the date that is one year after the Closing Date, at a per annum rate equal to 0.50% of such Lender’s Undrawn Commitments as of the end of such day and (z) thereafter for each remaining day in the Commitment Period, at a per annum rate equal to (A) if the amount drawn under the facility is greater than or equal to the Minimum Commitment Usage, 0.50% of such Xxxxxx’s Undrawn Commitment as of the end of such day or (B) if the amount drawn under the facility is less than the Minimum Commitment Usage, 0.75% of such Xxxxxx’s Undrawn Commitment as of the end of such day; provided that upon the closing of a subsequent Permitted Securitization, for purposes of the foregoing calculation in clause (a)(ii), the Closing Date shall be reset to the closing date of such Permitted Securitization; provided, further that if the Revolving Commitment of any Revolving Lender is reduced as the result of a Bail-In Action, the Commitment Fee payable to such Revolving Lender shall be calculated based on its Revolving Commitment as so reduced. The Commitment Fees shall be payable quarterly in arrears on the Quarterly Payment Date immediately following each Interest Period for which such fees accrue as provided in the Priority of Payments and shall be calculated by the Administrative Agent pursuant to Section 2.10.

Commitment Fees Payable. The Borrower shall, subject to Section 11.5(c)(y)11.5(b)(ii)(y) and Section 5.40, pay to the Revolving Lenders pursuant to Section 6.4 or 9.1, as applicable, ratably in proportion to their respective Percentage Shares, a commitment fee (a “Commitment Fee”) accruing for each day during each Interest Period: (i) in the case of Term Commitments, (x) from and including the Closing Date to but excluding the date that is twelve three months after the Closing Date, at a per annum rate equal to 0.250.0% of such Lender’s Undrawn Commitment as the undrawn amount of the end of such day and (y) thereafter for each remaining day in the Commitment Period, at a per annum rate equal to 0.35% of such Xxxxxx’s Undrawn Total Revolving Commitment as of the end of such day; provided that solely for purposes of determining the Commitment Fee, the Undrawn Commitment shall be reduced by the amount of any Term Loans deemed to have been made in accordance with Section 2.5(b); (ii) in the case of the Revolving Commitments, (x) from and including the date that is three months after the Closing Date to but excluding the date that is six months after the Closing Date, at a per annum rate equal to 0.250.50% of such Xxxxxx’s Undrawn the undrawn amount of the Total Revolving Commitment as of the end of such day and day; (y) from and including the date that is six months after the Closing Date to but excluding the date that is one year after the Closing Date, at a per annum rate equal to 0.50% of such Lender’s Undrawn Commitments as of the end of such day and (ziii) thereafter for each remaining day in the Commitment Period, at a per annum rate equal to (A) if the amount drawn under the facility is greater than or equal to the Minimum Commitment Usage, 0.500.625% of such Xxxxxx’s Undrawn Commitment as the undrawn amount of the end of such day or (B) if the amount drawn under the facility is less than the Minimum Commitment Usage, 0.75% of such Xxxxxx’s Undrawn Total Revolving Commitment as of the end of such day; provided that upon the closing of a subsequent Permitted Securitization, for purposes of the foregoing calculation in clause (a)(ii), the Closing Date shall be reset to the closing date of such Permitted Securitization; provided, further that if the Revolving Commitment of any Revolving Lender is reduced as the result of a Bail-In Action, the Commitment Fee payable to such Revolving Lender shall be calculated based on its Revolving Commitment as so reduced. The Commitment Fees shall be payable quarterly in arrears on the Quarterly Payment Date immediately following each Interest Period for which such fees accrue as provided in the Priority of Payments and shall be calculated by the Administrative Agent pursuant to Section 2.10.

Commitment Fees Payable. The Borrower shall, subject to Section 11.5(c)(y11.5(b)(y), pay to the Revolving Lenders pursuant to Section 6.4 or 9.1, as applicable, ratably in proportion to their respective Percentage Shares, a commitment fee (a “Commitment Fee”) accruing for each day during each Interest Period: (i) in the case of Term Commitments, (x) from and including the Closing Date April 14, 2020 to but excluding the date that is twelve three months after April 14, 2020, at a per annum rate equal to 0.0% of the Closing Dateundrawn amount of the Total Revolving Commitment as of the end of such day; (ii) from and including the date that is three months after April 14, 2020 to but excluding the date that is six months after April 14, 2020, at a per annum rate equal to 0.25% of such Lender’s Undrawn the undrawn amount of the Total Revolving Commitment as of the end of such day day; (iii) from and including the date that is six months after April 14, 2020 to but excluding the date that is twelve months after April 14, 2020, at a per annum rate equal to 0.60% of the undrawn amount of the Total Revolving Commitment as of the end of such day; and (yiv) thereafter for each remaining day in the Commitment Period, at a per annum rate equal to 0.350.90% of such Xxxxxx’s Undrawn the undrawn amount of the Total Revolving Commitment as of the end of such day; provided that solely for purposes of determining the Commitment Fee, the Undrawn Commitment shall be reduced by the amount of any Term Loans deemed to have been made in accordance with Section 2.5(b); (ii) in the case of the Revolving Commitments, (x) from and including the Closing Date to but excluding the date that is six months after the Closing Date, at a per annum rate equal to 0.25% of such Xxxxxx’s Undrawn Commitment as of the end of such day and (y) from and including the date that is six months after the Closing Date to but excluding the date that is one year after the Closing Date, at a per annum rate equal to 0.50% of such Lender’s Undrawn Commitments as of the end of such day and (z) thereafter for each remaining day in the Commitment Period, at a per annum rate equal to (A) if the amount drawn under the facility is greater than or equal to the Minimum Commitment Usage, 0.50% of such Xxxxxx’s Undrawn Commitment as of the end of such day or (B) if the amount drawn under the facility is less than the Minimum Commitment Usage, 0.75% of such Xxxxxx’s Undrawn Commitment as of the end of such day; provided that upon the closing of a subsequent Permitted Securitization, for purposes of the foregoing calculation in clause (a)(ii), the Closing Date shall be reset to the closing date of such Permitted Securitization; provided, further that if the Revolving Commitment of any Revolving Lender is reduced as the result of a Bail-In Action, the Commitment Fee payable to such Revolving Lender shall be calculated based on its Revolving Commitment as so reduced. The Commitment Fees shall be payable quarterly in arrears on the Quarterly Payment Date immediately following each Interest Period for which such fees accrue as provided in the Priority of Payments and shall be calculated by the Administrative Agent pursuant to Section 2.10.

Commitment Fees Payable. The Borrower shall, subject to Section 11.5(c)(y)11.5(b)(ii)(y) and Section 5.40, pay to the Revolving Lenders pursuant to Section 6.4 or 9.1, as applicable, ratably in proportion to their respective Percentage Shares, a commitment fee (a ““Commitment Fee””) accruing for each day during each Interest Period: (i) in the case of Term Commitments, (x) from and including the Closing Date to but excluding the date that is twelve three months after the Closing Date, at a per annum rate equal to 0.250.0% of such Lender’s Undrawn Commitment as the undrawn amount of the end of such day and (y) thereafter for each remaining day in the Commitment Period, at a per annum rate equal to 0.35% of such Xxxxxx’s Undrawn Total Revolving Commitment as of the end of such day; provided that solely for purposes of determining the Commitment Fee, the Undrawn Commitment shall be reduced by the amount of any Term Loans deemed to have been made in accordance with Section 2.5(b); (ii) in the case of the Revolving Commitments, (x) from and including the date that is three months after the Closing Date to but excluding the date that is six months after the Closing Date, at a per annum rate equal to 0.250.50% of such Xxxxxx’s Undrawn the undrawn amount of the Total Revolving Commitment as of the end of such day and day; (y) from and including the date that is six months after the Closing Date to but excluding the date that is one year after the Closing Date, at a per annum rate equal to 0.50% of such Lender’s Undrawn Commitments as of the end of such day and (ziii) thereafter for each remaining day in the Commitment Period, at a per annum rate equal to (A) if the amount drawn under the facility is greater than or equal to the Minimum Commitment Usage, 0.500.625% of such Xxxxxx’s Undrawn Commitment as the undrawn amount of the end of such day or (B) if the amount drawn under the facility is less than the Minimum Commitment Usage, 0.75% of such Xxxxxx’s Undrawn Total Revolving Commitment as of the end of such day; provided that upon the closing of a subsequent Permitted Securitization, for purposes of the foregoing calculation in clause (a)(ii), the Closing Date shall be reset to the closing date of such Permitted Securitization; provided, further that if the Revolving Commitment of any Revolving Lender is reduced as the result of a Bail-In Action, the Commitment Fee payable to such Revolving Lender shall be calculated based on its Revolving Commitment as so reduced. The Commitment Fees shall be payable quarterly in arrears on the Quarterly Payment Date immediately following each Interest Period for which such fees accrue as provided in the Priority of Payments and shall be calculated by the Administrative Agent pursuant to Section 2.10.

Commitment Fees Payable. The Borrower shall, subject to Section 11.5(c)(y11.5(b)(ii)(y), pay to the Revolving Lenders pursuant to Section 6.4 or 9.1, as applicable, ratably in proportion to their respective Percentage Shares, a commitment fee (a “Commitment Fee”) accruing for each day during each Interest Period: (i) in prior to the case of Term Commitments, (x) from and including the Closing Date to but excluding the closing date that is twelve months after the Closing Date, at a per annum rate equal to 0.25% of such Lender’s Undrawn Commitment as of the end of such day and (y) thereafter for each remaining day in the Commitment Period, at a per annum rate equal to 0.35% of such Xxxxxx’s Undrawn Commitment as of the end of such day; provided that solely for purposes of determining the Commitment Fee, the Undrawn Commitment shall be reduced by the amount of any Term Loans deemed to have been made in accordance with Section 2.5(b);first Permitted Securitization: (ii) in the case of the Revolving Commitments, (xA) from and including the Closing Date to but excluding the date that is six months after the Closing Date, at a per annum rate equal to 0.250.50% of such Xxxxxx’s Undrawn the undrawn amount of the Total Revolving Commitment as of the end of such day and day; (yB) from and including the date that is six months after the Closing Date to but excluding the date that is one year twelve months after the Closing Date, at a per annum rate equal to 0.500.75% of such Lender’s Undrawn Commitments the undrawn amount of the Total Revolving Commitment as of the end of such day; and (C) thereafter for each remaining day in the Commitment Period, at a per annum rate equal to 1.00% of the undrawn amount of the Total Revolving Commitment as of the end of such day; and (ii) on and after the closing date of the first Permitted Securitization: (zA) from and including the closing date of the most recent Permitted Securitization to but excluding the date that is six months after such closing date, at a per annum rate equal to 0.50% of the undrawn amount of the Total Revolving Commitment as of the end of such day; and (B) thereafter for each remaining day in the Commitment Period, at a per annum rate equal to (Ax) if the amount drawn under the facility is greater than or equal prior to the Minimum Commitment Usagedate that is twelve months after the Closing Date, 0.500.75% of such Xxxxxx’s Undrawn the undrawn amount of the Total Revolving Commitment as of the end of such day or and (By) if on and after the amount drawn under date that is twelve months after the facility is less than the Minimum Commitment UsageClosing Date, 0.751.00% of such Xxxxxx’s Undrawn the undrawn amount of the Total Revolving Commitment as of the end of such day; provided that upon the closing date of a subsequent Permitted Securitization, for purposes of the foregoing calculation in clause (a)(ii), the Closing Date ) shall be reset and such Permitted Securitization shall be deemed to be the closing date most recent Permitted Securitization for purposes of such Permitted Securitizationcalculation; provided, further that if the Revolving Commitment of any Revolving Lender is reduced as the result of a Bail-In Action, the Commitment Fee payable to such Revolving Lender shall be calculated based on its Revolving Commitment as so reduced. The Commitment Fees shall be payable quarterly in arrears on the Quarterly Payment Date immediately following each Interest Period for which such fees accrue as provided in the Priority of Payments and shall be calculated by the Administrative Agent pursuant to Section 2.10.

Commitment Fees Payable. The Borrower shall, subject to Section 11.5(c)(y11.5(b)(ii)(y), pay to the Revolving Lenders pursuant to Section 6.4 or 9.1, as applicable, ratably in proportion to their respective Percentage Shares, a commitment fee (a “Commitment Fee”) accruing for each day during each Interest Period: (i) in the case of Term Commitments, (x) from and including the Closing Date to but excluding the date that is twelve three months after the Closing Date, at a per annum rate equal to 0.250.0% of such Lender’s Undrawn the undrawn amount of the Total Revolving Commitment as of the end of such day day; (ii) from and including the date that is three months after the Closing Date to but excluding the Second Amendment Effective Date, at a per annum rate equal to 0.55% of the undrawn amount of the Total Revolving Commitment as of the end of such day; and (yiii) (ii) thereafter for each remaining day in the Commitment Period, at a per annum rate equal to 0.35% 0.55%the Commitment Fee Rate of such Xxxxxx’s Undrawn the undrawn amount of the Total Revolving Commitment as of the end of such day; provided that solely for purposes of determining the Commitment Fee, the Undrawn Commitment shall be reduced by the amount of any Term Loans deemed to have been made in accordance with Section 2.5(b); (ii) in the case of the Revolving Commitments, (x) from and including the Closing Date to but excluding the date that is six months after the Closing Date, at a per annum rate equal to 0.25% of such Xxxxxx’s Undrawn Commitment as of the end of such day and (y) from and including the date that is six months after the Closing Date to but excluding the date that is one year after the Closing Date, at a per annum rate equal to 0.50% of such Lender’s Undrawn Commitments as of the end of such day and (z) thereafter for each remaining day in the Commitment Period, at a per annum rate equal to (A) if the amount drawn under the facility is greater than or equal to the Minimum Commitment Usage, 0.50% of such Xxxxxx’s Undrawn Commitment as of the end of such day or (B) if the amount drawn under the facility is less than the Minimum Commitment Usage, 0.75% of such Xxxxxx’s Undrawn Commitment as of the end of such day; provided that upon the closing of a subsequent Permitted Securitization, for purposes of the foregoing calculation in clause (a)(ii), the Closing Date shall be reset to the closing date of such Permitted Securitization; provided, further that if the Revolving Commitment of any Revolving Lender is reduced as the result of a Bail-In Action, the Commitment Fee payable to such Revolving Lender shall be calculated based on its Revolving Commitment as so reduced; provided further that, for the first 45 days following the closing date of a Permitted Securitization, the Commitment Fee shall be 0.00%. The Commitment Fees shall be payable quarterly in arrears on the Quarterly Payment Date immediately following each Interest Period for which such fees accrue as provided in the Priority of Payments and shall be calculated by the Administrative Agent pursuant to Section 2.10.

Commitment Fees Payable. The Borrower shall, subject to Section 11.5(c)(y11.5(b)(ii)(y), pay to the Revolving Lenders pursuant to Section 6.4 or 9.1, as applicable, ratably in proportion to their respective Percentage Shares, a commitment fee (a “Commitment Fee”) accruing for each day during each Interest Period: (i) in prior to the case closing date of Term Commitments, any Permitted Securitization: (xA) from and including the Closing Third Amendment Effective Date to but excluding the date that is twelve six months after the Closing Third Amendment Effective Date, at a per annum rate equal to 0.250.50% of such Lender’s Undrawn the undrawn amount of the Total Revolving Commitment as of the end of such day and day; and (yB) thereafter for each remaining day in the Commitment Period, at a per annum rate equal to 0.350.75% of such Xxxxxx’s Undrawn the undrawn amount of the Total Revolving Commitment as of the end of such day; provided that solely for purposes of determining the Commitment Fee, the Undrawn Commitment shall be reduced by the amount of any Term Loans deemed to have been made in accordance with Section 2.5(b);and (ii) in on and after the case closing date of the Revolving Commitments, any Permitted Securitization: (xA) from and including the Closing Date closing date of the most recent Permitted Securitization to but excluding the date that is six months after the Closing Date, at a per annum rate equal to 0.25% of such Xxxxxx’s Undrawn Commitment as of the end of such day and (y) from and including the date that is six months after the Closing Date to but excluding the date that is one year after the Closing Dateclosing date, at a per annum rate equal to 0.50% of such Lender’s Undrawn Commitments the undrawn amount of the Total Revolving Commitment as of the end of such day and day; and (zB) thereafter for each remaining day in the Commitment Period, at a per annum rate equal to (A) if the amount drawn under the facility is greater than or equal to the Minimum Commitment Usage, 0.50% of such Xxxxxx’s Undrawn Commitment as of the end of such day or (B) if the amount drawn under the facility is less than the Minimum Commitment Usage, 0.75% of such Xxxxxx’s Undrawn the undrawn amount of the Total Revolving Commitment as of the end of such day; provided that upon the closing date of a subsequent Permitted Securitization, for purposes of the foregoing calculation in clause (a)(ii), the Closing Date ) shall be reset and such Permitted Securitization shall be deemed to be the closing date most recent Permitted Securitization for purposes of such Permitted Securitizationcalculation; provided, further that if the Revolving Commitment of any Revolving Lender is reduced as the result of a Bail-In Action, the Commitment Fee payable to such Revolving Lender shall be calculated based on its Revolving Commitment as so reduced. The Commitment Fees shall be payable quarterly in arrears on the Quarterly Payment Date immediately following each Interest Period for which such fees accrue as provided in the Priority of Payments and shall be calculated by the Administrative Agent pursuant to Section 2.10.

Commitment Fees Payable. The Borrower shall, subject to Section 11.5(c)(y11.5(b)(ii)(y), pay to the Revolving Lenders pursuant to Section 6.4 or 9.1, as applicable, ratably in proportion to their respective Percentage Shares, a commitment fee (a “Commitment Fee”) accruing for each day during each Interest Period: (i) in prior to the case closing date of Term Commitments, the firstany Permitted Securitization: (xA) from and including the Closing ClosingThird Amendment Effective Date to but excluding the date that is twelve six months after the Closing ClosingThird Amendment Effective Date, at a per annum rate equal to 0.250.50% of such Lender’s Undrawn the undrawn amount of the Total Revolving Commitment as of the end of such day and day; and (yB) thereafter for each remaining day in the Commitment Period, at a per annum rate equal to 0.35the Initial Commitment Fee Rate multiplied by0.75% of such Xxxxxx’s Undrawn the undrawn amount of the Total Revolving Commitment as of the end of such day; provided that solely for purposes of determining the Commitment Fee, the Undrawn Commitment shall be reduced by the amount of any Term Loans deemed to have been made in accordance with Section 2.5(b);and (ii) in on and after the case closing date of the Revolving Commitments, firstany Permitted Securitization: (xA) from and including the Closing Date closing date of the most recent Permitted Securitization to but excluding the date that is six months after the Closing Datesuch closing date, at a per annum rate equal to 0.250.50% of such Xxxxxx’s Undrawn the undrawn amount of the Total Revolving Commitment as of the end of such day and day; (yB) from and including the date that is six months after the Closing Date such closing date to but excluding the date that is one year twelve months after the Closing Datesuch closing date, at a per annum rate equal to 0.50% of such Lender’s Undrawn Commitments as of the end of such day and (z) thereafter for each remaining day in the Commitment Period, at a per annum rate equal to (A) if the amount drawn under the facility is greater than or equal to the Minimum Commitment Usage, 0.50% of such Xxxxxx’s Undrawn Commitment as of the end of such day or (B) if the amount drawn under the facility is less than the Minimum Commitment Usage, 0.75% of such Xxxxxx’s Undrawn the undrawn amount of the Total Revolving Commitment as of the end of such day; provided that upon the closing of a subsequent Permitted Securitization, for purposes of the foregoing calculation in clause (a)(ii), the Closing Date shall be reset to the closing date of such Permitted Securitization; provided, further that if the Revolving Commitment of any Revolving Lender is reduced as the result of a Bail-In Action, the Commitment Fee payable to such Revolving Lender shall be calculated based on its Revolving Commitment as so reduced. The Commitment Fees shall be payable quarterly in arrears on the Quarterly Payment Date immediately following each Interest Period for which such fees accrue as provided in the Priority of Payments and shall be calculated by the Administrative Agent pursuant to Section 2.10.and

Commitment Fees Payable. The Borrower shall, subject to Section 11.5(c)(y), pay to the Lenders pursuant to Section 6.4 or 9.1, as applicable, ratably in proportion to their respective Percentage Shares, a commitment fee (a “Commitment Fee”) accruing for each day during each Interest Period: (i) in the case of Term Commitments, (x) from and including the Closing Date to but excluding the date that is twelve months after the Closing Date, at a per annum rate equal to 0.25% of such Lender’s Undrawn Commitment as of the end of such day and (y) thereafter for each remaining day in the Commitment Period, at a per annum rate equal to 0.35% of such XxxxxxLender’s Undrawn Commitment as of the end of such day; provided that solely for purposes of determining the Commitment Fee, the Undrawn Commitment shall be reduced by the amount of any Term Loans deemed to have been made in accordance with Section 2.5(b); (ii) in the case of the Revolving Commitments, (x) from and including the Closing Date to but excluding the date that is six months after the Closing Date, at a per annum rate equal to 0.25% of such XxxxxxLender’s Undrawn Commitment as of the end of such day and (y) from and including the date that is six months after the Closing Date to but excluding the date that is one year after the Closing Date, at a per annum rate equal to 0.50% of such Lender’s Undrawn Commitments as of the end of such day and (z) thereafter for each remaining day in the Commitment Period, at a per annum rate equal to (A) if the amount drawn under the facility is greater than or equal to the Minimum Commitment Usage, 0.50% of such XxxxxxLender’s Undrawn Commitment as of the end of such day or (B) if the amount drawn under the facility is less than the Minimum Commitment Usage, 0.75% of such XxxxxxLender’s Undrawn Commitment as of the end of such day; provided that upon the closing of a subsequent Permitted Securitization, for purposes of the foregoing calculation in clause (a)(ii), the Closing Date shall be reset to the closing date of such Permitted Securitization; provided, further that if the Revolving Commitment of any Revolving Lender is reduced as the result of a Bail-In Action, the Commitment Fee payable to such Revolving Lender shall be calculated based on its Revolving Commitment as so reduced. The Commitment Fees shall be payable quarterly in arrears on the Quarterly Payment Date immediately following each Interest Period for which such fees accrue as provided in the Priority of Payments and shall be calculated by the Administrative Agent pursuant to Section 2.10.

Commitment Fees Payable. The Borrower shall, subject to Section 11.5(c)(y11.5(b)(ii)(y), pay to the Revolving Lenders pursuant to Section 6.4 or 9.1, as applicable, ratably in proportion to their respective Percentage Shares, a commitment fee (a “Commitment Fee”) accruing for each day during each Interest Period: (i) in the case of Term Commitments, (x) from and including the Closing Date April 14, 2020 to but excluding the date that is twelve three months after April 14, 2020, at a per annum rate equal to 0.00.75 % of the Closing Dateundrawn amount of the Total Revolving Commitment as of the end of such day; (ii) from and including the date that is three months after April 14, 2020 to but excluding the date that is six months after April 14, 2020, at a per annum rate equal to 0.25% of such Lender’s Undrawn the undrawn amount of the Total Revolving Commitment as of the end of such day day; (iii) from and including the date that is six months after April 14, 2020 to but excluding the date that is twelve months after April 14, 2020, at a per annum rate equal to 0.50% of the undrawn amount of the Total Revolving Commitment as of the end of such day; and (yiv) thereafter for each remaining day in the Commitment Period, at a per annum rate equal to 0.350.75% of such Xxxxxx’s Undrawn the undrawn amount of the Total Revolving Commitment as of the end of such day; provided that solely for purposes of determining the Commitment Fee, the Undrawn Commitment shall be reduced by the amount of any Term Loans deemed to have been made in accordance with Section 2.5(b); (ii) in the case of the Revolving Commitments, (x) from and including the Closing Date to but excluding the date that is six months after the Closing Date, at a per annum rate equal to 0.25% of such Xxxxxx’s Undrawn Commitment as of the end of such day and (y) from and including the date that is six months after the Closing Date to but excluding the date that is one year after the Closing Date, at a per annum rate equal to 0.50% of such Lender’s Undrawn Commitments as of the end of such day and (z) thereafter for each remaining day in the Commitment Period, at a per annum rate equal to (A) if the amount drawn under the facility is greater than or equal to the Minimum Commitment Usage, 0.50% of such Xxxxxx’s Undrawn Commitment as of the end of such day or (B) if the amount drawn under the facility is less than the Minimum Commitment Usage, 0.75% of such Xxxxxx’s Undrawn Commitment as of the end of such day; provided that upon the closing of a subsequent Permitted Securitization, for purposes of the foregoing calculation in clause (a)(ii), the Closing Date shall be reset to the closing date of such Permitted Securitization; provided, further that if the Revolving Commitment of any Revolving Lender is reduced as the result of a Bail-In Action, the Commitment Fee payable to such Revolving Lender shall be calculated based on its Revolving Commitment as so reduced. The Commitment Fees shall be payable quarterly in arrears on the Quarterly Payment Date immediately following each Interest Period for which such fees accrue as provided in the Priority of Payments and shall be calculated by the Administrative Agent pursuant to Section 2.10.

Commitment Fees Payable. The Borrower shall, subject to Section 11.5(c)(y), pay to the Lenders pursuant to Section 6.4 or 9.1, as applicable, ratably in proportion to their respective Percentage Shares, a commitment fee (a “Commitment Fee”) accruing for each day during each Interest Period: (i) in the case of Term Commitments, (x) from and including the Closing Date to but excluding the date that is twelve months after the Closing Date, at a per annum rate equal to 0.25% of such LenderXxxxxx’s Undrawn Commitment as of the end of such day and (y) thereafter for each remaining day in the Commitment Period, at a per annum rate equal to 0.35% of such Xxxxxx’s Undrawn Commitment as of the end of such day; provided that solely for purposes of determining the Commitment Fee, the Undrawn Commitment shall be reduced by the amount of any Term Loans deemed to have been made in accordance with Section 2.5(b); (ii) in the case of the Revolving Commitments, (x) from and including the Closing Date to but excluding the date that is six months after the Closing Date, at a per annum rate equal to 0.25% of such Xxxxxx’s Undrawn Commitment as of the end of such day and (y) from and including the date that is six months after the Closing Date to but excluding the date that is one year after the Closing Date, at a per annum rate equal to 0.50% of such Lender’s Undrawn Commitments as of the end of such day and (z) thereafter for each remaining day in the Commitment Period, at a per annum rate equal to (A) if the amount drawn under the facility is greater than or equal to the Minimum Commitment Usage, 0.50% of such Xxxxxx’s Undrawn Commitment as of the end of such day or (B) if the amount drawn under the facility is less than the Minimum Commitment Usage, 0.75% of such Xxxxxx’s Undrawn Commitment as of the end of such day; provided that upon the closing of a subsequent Permitted Securitization, for purposes of the foregoing calculation in clause (a)(ii), the Closing Date shall be reset to the closing date of such Permitted Securitization; provided, further that if the Revolving Commitment of any Revolving Lender is reduced as the result of a Bail-In Action, the Commitment Fee payable to such Revolving Lender shall be calculated based on its Revolving Commitment as so reduced. The Commitment Fees shall be payable quarterly in arrears on the Quarterly Payment Date immediately following each Interest Period for which such fees accrue as provided in the Priority of Payments and shall be calculated by the Administrative Agent pursuant to Section 2.10.;

Commitment Fees Payable. The Borrower shall, subject to Section 11.5(c)(y), pay to the Lenders pursuant to Section 6.4 or Section 9.1, as applicable, ratably in proportion to their respective Percentage Shares, a commitment fee (a “Commitment Fee”) accruing for each day during each Interest Period: (i) in the case of Term Commitments, (x) from and including the Closing Date to but excluding the date that is twelve three months after the Closing Date, at a per annum rate equal to 0.25% of such Lender’s Undrawn Commitment as the undrawn amount of the end of such day Total Revolving Commitment and (y) thereafter for each remaining day in the Commitment Period, at a per annum rate equal to 0.35% of such Xxxxxx’s Undrawn Total Term Commitment as of the end of such day; provided that solely for purposes of determining the Commitment Fee, the Undrawn Commitment shall be reduced by the amount of any Term Loans deemed to have been made in accordance with Section 2.5(b); (ii) in the case of the Revolving Commitments, (x) from and including the date that is three months after the Closing Date to but excluding the date that is six months after the Closing Date, at a per annum rate equal to 0.250.50% of such Xxxxxx’s Undrawn the undrawn amount of the Total Revolving Commitment and the Total Term Commitment as of the end of such day and day; and (y) from and including the date that is six months after the Closing Date to but excluding the date that is one year after the Closing Date, at a per annum rate equal to 0.50% of such Lender’s Undrawn Commitments as of the end of such day and (ziii) thereafter for each remaining day in the Commitment Period, at a per annum rate equal to (A) if the amount drawn under the facility is greater than or equal to the Minimum Commitment Usage, 0.50% of such Xxxxxx’s Undrawn Commitment as the undrawn amount of the end of such day or (B) if Total Revolving Commitment and the amount drawn under the facility is less than the Minimum Commitment Usage, 0.75% of such Xxxxxx’s Undrawn Total Term Commitment as of the end of such day; provided that on or after the date that is twelve months after the Closing Date, if the amount drawn under the total Commitments is less than the Minimum Commitment Usage, then the Commitment Fee with respect to the undrawn amount constituting the positive difference between the drawn amount of the total Commitments and the Minimum Commitment Usage shall be 1.50%; provided that, upon the closing date of a subsequent Permitted Securitization, for purposes of the foregoing calculation calculations in clause clauses (a)(ii), the Closing Date ii) and (iii) shall be reset to be based on the closing date of such Permitted SecuritizationSecuritization in lieu of the Closing Date and such Permitted Securitization shall be deemed to be the most recent Permitted Securitization for purposes of such calculation; provided, further further, that if the Revolving Commitment or the Term Commitment of any Revolving Lender is reduced as the result of a Bail-In Action, the Commitment Fee payable to such Revolving Lender or Term Lender shall be calculated based on its Revolving Commitment or Term Commitment, as applicable, as so reduced. The Commitment Fees shall be payable quarterly in arrears on the Quarterly Payment Date immediately following each Interest Period for which such fees accrue as provided in the Priority of Payments and shall be calculated by the Administrative Agent pursuant to Section 2.10.

Commitment Fees Payable. The Borrower shall, subject to Section 11.5(c)(y11.5(b)(ii)(y), pay to the Revolving Lenders pursuant to Section 6.4 or 9.1, as applicable, ratably in proportion to their respective Percentage Shares, a commitment fee (a ““Commitment Fee””) accruing for each day during each Interest Period: (i) in the case of Term Commitments, (x) from and including the Closing Date April 14, 2020 to but excluding the date that is twelve three months after April 14, 2020, at a per annum rate equal to 0.0% of the Closing Dateundrawn amount of the Total Revolving Commitment as of the end of such day; (ii) from and including the date that is three months after April 14, 2020 to but excluding the date that is six months after April 14, 2020, at a per annum rate equal to 0.25% of such Lender’s Undrawn the undrawn amount of the Total Revolving Commitment as of the end of such day day; (iii) from and including the date that is six months after April 14, 2020 to but excluding the date that is twelve months after April 14, 2020, at a per annum rate equal to 0.50% of the undrawn amount of the Total Revolving Commitment as of the end of such day; and (yiv) thereafter for each remaining day in the Commitment Period, at a per annum rate equal to 0.350.75% of such Xxxxxx’s Undrawn the undrawn amount of the Total Revolving Commitment as of the end of such day; provided that solely for purposes of determining the Commitment Fee, the Undrawn Commitment shall be reduced by the amount of any Term Loans deemed to have been made in accordance with Section 2.5(b); (ii) in the case of the Revolving Commitments, (x) from and including the Closing Date to but excluding the date that is six months after the Closing Date, at a per annum rate equal to 0.25% of such Xxxxxx’s Undrawn Commitment as of the end of such day and (y) from and including the date that is six months after the Closing Date to but excluding the date that is one year after the Closing Date, at a per annum rate equal to 0.50% of such Lender’s Undrawn Commitments as of the end of such day and (z) thereafter for each remaining day in the Commitment Period, at a per annum rate equal to (A) if the amount drawn under the facility is greater than or equal to the Minimum Commitment Usage, 0.50% of such Xxxxxx’s Undrawn Commitment as of the end of such day or (B) if the amount drawn under the facility is less than the Minimum Commitment Usage, 0.75% of such Xxxxxx’s Undrawn Commitment as of the end of such day; provided that upon the closing of a subsequent Permitted Securitization, for purposes of the foregoing calculation in clause (a)(ii), the Closing Date shall be reset to the closing date of such Permitted Securitization; provided, further that if the Revolving Commitment of any Revolving Lender is reduced as the result of a Bail-In Action, the Commitment Fee payable to such Revolving Lender shall be calculated based on its Revolving Commitment as so reduced. The Commitment Fees shall be payable quarterly in arrears on the Quarterly Payment Date immediately following each Interest Period for which such fees accrue as provided in the Priority of Payments and shall be calculated by the Administrative Agent pursuant to Section 2.10.