Common use of Utilisation fee Clause in Contracts

Utilisation fee. 25.5.1 The Company must pay to the Facility Agent for each Lender a utilisation fee computed at the rate of 0.20 per cent. per annum on the aggregate principal amount of the Loans for each day on which the aggregate Base Currency Amount of all Loans exceeds 33.3 per cent. of the Total Commitments.

Appears in 3 contracts

Samples: Amendment and Restatement Agreement (PPL Energy Supply LLC), Amendment and Restatement Agreement (PPL Energy Supply LLC), Agreement (PPL Energy Supply LLC)

AutoNDA by SimpleDocs

Utilisation fee. 25.5.1 23.4.1 The Company must pay to the Facility Agent for each Lender a utilisation fee computed at the rate of 0.20 per cent. 0.25% per annum on the aggregate principal amount of the Loans Total Commitments for each day on which the aggregate Base Currency Amount amount of all drawn Loans exceeds 33.3 per cent. of the Total Commitments£75,000,000.

Appears in 1 contract

Samples: PPL Energy Supply LLC

AutoNDA by SimpleDocs

Utilisation fee. 25.5.1 26.5.1 The Company must must, pay to the Facility Agent for each Lender a utilisation fee in respect of the Facility, computed at the rate of, for each day on which the principal amount of 0.20 the Loans at that time exceeds one-half of the Total Commitments, 0.10 per cent. per annum on the aggregate principal amount of the Loans for each day on which the aggregate Base Currency Amount of all Loans exceeds 33.3 per cent. of the Total CommitmentsLoans.

Appears in 1 contract

Samples: Facilities Agreement (Royal Ahold)

Time is Money Join Law Insider Premium to draft better contracts faster.