Annual Facility Fee definition

Annual Facility Fee. Is defined in Section 1-9(a).

Annual Facility Fee means the fee defined in Section 4.1 hereof.

Annual Facility Fee. An amount equal to (i) 1.00% of the Total Commitment due on the Closing Date, and (ii) 1.00% of the Total Commitment due on every anniversary thereafter of the Closing Date. Section 2.6(d) – Collateral Management Fee Percentage: 0.50% Section 2.6(d) – Minimum Collateral Management Fee: Minimum Borrowing Amount times the Collateral Management Fee Percentage.

Examples of Annual Facility Fee in a sentence

• The Borrower shall pay to the Bank (i) on July 16, 2007, a non-refundable facility fee in an amount equal to the product of (x) $4,000,000 and (y) the Annual Facility Fee Percentage, prorated for the period of time from July 16, 2007, through the Loan Facility Anniversary Date, and (ii) on each Loan Facility Anniversary Date (other than the Maturity Date), a non-refundable facility fee in an amount equal to the product of (x) the Commitment and (y) the Annual Facility Fee Percentage.

• The Annual Facility Fee shall equal the sum of the Annual Rental Fee and the Annual Privilege Fee.

• The Borrower shall pay to the Bank on the Closing Date, and on each Loan Facility Anniversary Date, a non-refundable facility fee in an amount equal to the product of (x) the Commitment and (y) the Annual Facility Fee Percentage; provided that on the second Loan Facility Anniversary Date, the facility fee shall be pro rated for a period of time equal to the greater of (i) the remaining term of the Agreement and (ii) six months.

• In the event the information provided is deemed insufficient, then the successful Proposer may be required to post a 100% contract bond or letter of credit for the Annual Facility Fee) - Reputation (Reputation will be considered based upon the information provided by Proposers’ references.

• Borrower shall pay Lender on each anniversary of the date hereof, an Annual Facility Fee in the amount set forth in Section 10.4(c), which fee is fully earned as of the date hereof, for each year in the initial Term, and shall be fully earned for each year in any renewal Term, effective upon the first day of such renewal Term.

More Definitions of Annual Facility Fee

Annual Facility Fee. An amount equal to: (a) 1.00% of the Total Commitment fully earned and due on the Closing Date; and (b) 1.00% of the Total Commitment fully earned and due on every anniversary thereafter of the Closing Date.

Annual Facility Fee means the fee referred to in Section 2.1.

Annual Facility Fee. As stated within the General Rates and Fees.

Annual Facility Fee. Three quarters of one percent (.75%) per annum of the Maximum Credit.

Annual Facility Fee means the amount shown on Schedule A charged by Lender for the Facility.

Annual Facility Fee. Is defined in Section 1.9(a).

Annual Facility Fee shall have the meaning set forth in Section 2.15 hereof.