Common use of Utilisation fee Clause in Contracts

Utilisation fee. (a) The Company shall pay to the Agent (for the account of each Lender) a fee in the Base Currency computed at the rate of 0.025 per cent. on each Lender’s participation in the Loans for the Availability Period on any day on which the amount of its participation in the Loans is more than 50 per cent. of the amount of its Commitment on that day.

Appears in 1 contract

Samples: Transfer and Amendment Agreement (Aon Corp)

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Utilisation fee. (a) The Company shall pay to the Facility Agent (for the account of each Lender) a fee in the Base Currency computed on a day to day basis at any time when the rate aggregate Base Currency Amount of 0.025 per cent. on each Lender’s participation in the all Loans for the Availability Period on any day on which the amount of its participation in the Loans is more than 50 exceeds 662/3 per cent. of the amount Total Commitments as at the date of its Commitment this Agreement, at a rate equal to 0.05 per cent. per annum on that daythe aggregate Base Currency Amount of all Loans.

Appears in 1 contract

Samples: Multicurrency Loan Facility and Subscription Agreement (Xstrata PLC)

Utilisation fee. (a) The Company Borrower shall pay to the Agent (for the account of each Lender) a fee in the Base Currency computed on a day to day basis at the a rate of 0.025 0.05 per cent. per annum for each day the aggregated Base Currency Amounts of all Loans outstanding on each Lender’s participation in the Loans for the Availability Period on any such day on which the amount of its participation in the Loans is more than equal or exceed 50 per cent. of the amount Total Commitments as of its Commitment on that daythe date of signing of this Agreement.

Appears in 1 contract

Samples: Agreement (Sap Aktiengesellschaft Systems Applications Products in Data)

Utilisation fee. (a) The Company Borrower shall pay to the Agent (for the account of each Lender) a fee in the Base Currency computed on a day to day basis at the a rate of 0.025 of: (i) 0.25 per cent. per annum on the aggregated Base Currency Amounts of all Loans then outstanding for each Lender’s participation in day the aggregated Base Currency Amounts of all Loans for the Availability Period outstanding on any such day on which the amount of its participation in the Loans is more than 50 equal or exceed 331/3 per cent. ., but are less than 662/3 per cent., of the amount Total Commitments as of its Commitment on that day.the date of signing of this Agreement;

Appears in 1 contract

Samples: Credit Facility Agreement (Sap Ag)

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Utilisation fee. (a) The Company shall pay to the Facility Agent (for the account of each Lender) a fee in the Base Currency computed on a day to day basis at any time when the rate aggregate Base Currency Amount of 0.025 per cent. on each Lender’s participation in the all Loans for the Availability Period on any day on which the amount of its participation in the Loans is more than 50 exceeds 66 2/3 per cent. of the amount Total Commitments as at the date of its Commitment this Agreement, at a rate equal to 0.05 per cent. per annum on that daythe aggregate Base Currency Amount of all Loans.

Appears in 1 contract

Samples: Subscription Agreement (Falconbridge LTD)

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