Delayed Draw Commitment Fee. The PR Borrower shall pay to the Administrative Agent for the account of each Delayed Draw Term Lender in accordance with its Pro Rata Share, a commitment fee (the “Delayed Draw Commitment Fees”) equal to the Applicable Rate times the actual daily amount of the aggregate unused Delayed Draw Term Commitments; provided that any Delayed Draw Commitment Fee accrued with respect to the Delayed Draw Term Commitment of a Defaulting Lender during the period prior to the time such Lender became a Defaulting Lender and unpaid at such time shall not be payable by such Borrower so long as such Lender shall be a Defaulting Lender except to the extent that such Delayed Draw Commitment Fee shall otherwise have been due and payable by such Borrower prior to such time; and provided further that no Delayed Draw Commitment Fee shall accrue on the Delayed Draw Term Commitment of a Defaulting Lender so long as such Lender shall be a Defaulting Lender. The Delayed Draw Commitment Fees shall accrue at all times from the Closing Date until the Delayed Draw Termination Date, as applicable, including at any time during which one or more of the applicable conditions in Article 4 is not met, and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the Closing Date, and on the Delayed Draw Termination Date.
Delayed Draw Commitment Fee. The Borrower agrees to pay to each Delayed Draw Lender a commitment fee (the “Delayed Draw Commitment Fee”) equal to 0.25% (25 basis points) per annum on the average daily unused amount of each Delayed Draw Commitment of such Delayed Draw Lender during the period from and including the date hereof to but excluding the earlier to occur of (x) the expiration of the Delayed Draw Availability Period and (y) the date on which such Delayed Draw Commitment terminates. Accrued Delayed Draw Commitment Fees shall be payable in arrears (i) on the last Business Day of March, June, September and December of each year, commencing on December 31, 2014 and (ii) on the date on which such Delayed Draw Commitment terminates. Delayed Draw Commitment Fees shall be computed on the basis of a 360-day year and actual days elapsed (including on the first day but excluding the last day).
Delayed Draw Commitment Fee. The Borrower agrees to pay to the Administrative Agent for the account of each Delayed Draw Term Lender a commitment fee, which shall accrue at a rate per annum equal to 2.00% of the average daily amount of the undrawn portion of the Delayed Draw Term Loan Commitment of such Delayed Draw Term Lender during the Delayed Draw Term Loan Availability Period. Accrued commitment fees shall be payable in arrears on the last day of each fiscal quarter, commencing on the first such date to occur after the Closing Date, and on the DDTL Commitment Expiration Date. All commitment fees under this Section 3.05(c) shall be computed on the basis of a year of 360 days, and shall be payable for the actual number of days elapsed (including the first day but excluding the last day).
Delayed Draw Commitment Fee. The Borrower agrees to pay to the Administrative Agent for the account of each Lender with a Delayed Draw Loan Commitment a commitment fee for the period from and including the Closing Date to but not including the earlier of (x) the date on which all Delayed Draw Loan Commitments have been terminated and (y) the date on which all Delayed Draw Loan Commitments have expired, computed at the following rate per annum: (i) from and including the Closing Date to but not including the date that is six months after the Closing Date, 1.125% and (ii) thereafter, 1.50%, in each case on the unused Delayed Draw Loan Commitment of such Lender, payable quarterly in arrears on each first day of April, July, October, January, commencing on the first such date to occur after the Closing Date.
Delayed Draw Commitment Fee. The Borrower shall pay to the Administrative Agent, for the pro rata benefit of the Lenders having Delayed Draw Commitments, a fee equal to the Delayed Draw Commitment Fee Rate times the average daily undrawn amount of the Delayed Draw Commitment for the applicable quarter. Such fee shall be payable quarterly in arrears, on the last day of each March, June, September and December until and upon the termination of the Delayed Draw Commitment.
Delayed Draw Commitment Fee. In consideration of the Delayed Draw Term Loan Commitments, the Borrower agrees to pay to the Administrative Agent, for the ratable benefit of the Term Loan Lenders, a ticking fee (the “Delayed Draw Commitment Fee”) in an amount equal to the Applicable Percentage per annum on the average daily unused amount of the Delayed Draw Term Loan Committed Amount. The Delayed Draw Commitment Fee shall be payable quarterly in arrears on the last Business Day of each calendar quarter during the Delayed Draw Availability Period and on the last day of the Delayed Draw Availability Period.
Delayed Draw Commitment Fee. The Borrower agrees to pay to the Administrative Agent for the benefit of each Delayed Draw Lender a commitment fee (the “Delayed Draw Commitment Fee”) equal to 0.75% (75 basis points) per annum on the daily unused amount of the Delayed Draw Commitments of such Delayed Draw Lenders during the period from and including the date hereof to but excluding the date on which the Delayed Draw Availability Period expires or terminates. Accrued Delayed Draw Commitment Fees shall be payable in arrears (i) on the last Business Day of March, June, September and December of each year, commencing on December 31, 2016 and (ii) on the date on which such Delayed Draw Commitment terminates. Delayed Draw Commitment Fees shall be computed on the basis of a 360-day year and actual days elapsed (including on the first day but excluding the last day). The Administrative Agent shall forward to each Delayed Draw Lender its Applicable Percentage of such payment.
Delayed Draw Commitment Fee. The Borrower agrees to pay to the Administrative Agent, for the pro rata benefit of the applicable Term Loan Lenders, a ticking fee (the “Delayed Draw Commitment Fee”) in an amount equal (i) from the Second Amendment Effective Date until the date that is ninety (90) days thereafter, 1.25%, (ii) from the date that is ninety-one (91) days following the Second Amendment Effective Date until the date that is one hundred eighty (180) days following the Second Amendment Effective Date, 1.50%, and (iii) from the date that is one hundred eighty-one (181) days following the Second Amendment Effective Date until the last day of the Delayed Draw Availability Period, 1.75%, in each case, on the Delayed Draw Term Loan Committed Amount commencing on the Second Amendment Effective Date and ending on the date upon which the Delayed Draw Term Loan Commitment is funded; provided that if the Delayed Draw Term Loan Commitment is not funded, the Delayed Draw Commitment Fee shall no longer be payable following the last day of the Delayed Draw Availability Period. The Delayed Draw Commitment Fee shall be payable quarterly in arrears on the last Business Day of each calendar quarter and on the last day of the Delayed Draw Availability Period.
Delayed Draw Commitment Fee. The Borrower agrees to pay to the Agent for the account of each, a commitment fee which shall accrue at a rate equal to 3.00% per annum on the actual daily unused amount of the Delayed Draw Commitments of such Lenders beginning on the Closing Date until the date on which all of the Delayed Draw Commitments are terminated, expire or are otherwise permanently reduced to $0. All fees referred to in this Section 2.5(c) shall be paid to the Agent at its principal office and upon receipt, the Agent shall promptly distribute to each Lender its Pro Rata Share thereof. All fees referred to in this Section 2.5(c) shall be calculated on the basis of a 360 day year and the actual number of days elapsed and shall be payable monthly in arrears commencing with the first month immediately following the Closing Date.
Delayed Draw Commitment Fee. The Borrower agrees to pay to the Administrative Agent, for the pro rata benefit of the Delayed Draw Term Loan Lenders, a ticking fee (the “Delayed Draw Commitment Fee”) in an amount equal to (i) for the six months immediately following the Closing Date, 0.75% and (ii) thereafter until the first anniversary of the Closing Date, 0.875%, in each case per annum on the aggregate daily amount of the Delayed Draw Term Loan Committed Amount less any drawings of the Delayed Draw Term Loan (computed on the basis of the actual number of days elapsed over a 360-day year), which Delayed Draw Commitment Fee shall accrue from the Closing Date to, and shall be payable in full to the Administrative Agent on, the earlier to occur of (A) the Delayed Draw Commitment Termination Date and (B) the date the Delayed Draw Term Loan Commitments are terminated, regardless of whether any Delayed Draw Funding Date actually occurs.