Applicable Commitment Fee Margin definition

Applicable Commitment Fee Margin means, for each Pricing Period, the margin set forth below (expressed in basis points per annum) opposite the Applicable Pricing Level for that Pricing Period: II 10.0 V 17.5
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Applicable Commitment Fee Margin means, for each Pricing Period, the margin set forth below (expressed in basis points per annum) opposite the Applicable Pricing Level for that Pricing Period:
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Applicable Commitment Fee Margin means, at all times, 0.500%.
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Examples of Applicable Commitment Fee Margin in a sentence

  • For any quarter during the Term where the average daily unpaid balance of the Advances outstanding for each day of the quarter does not equal the Maximum Advance Amount, then Borrower shall pay to Agent for the ratable benefit of Lenders a fee at a rate per annum equal to the Applicable Commitment Fee Margin on the amount by which the Maximum Advance Amount exceeds such average daily unpaid balance during such quarter.

  • The commitment fee shall be calculated monthly in arrears, and if there is any change in the Applicable Commitment Fee Margin during any month, the actual daily amount shall be computed and multiplied by the Applicable Commitment Fee Margin separately for each period during such month that such Applicable Commitment Fee Margin was in effect.

  • The Borrower shall pay to the Agent, for the pro rata account of each Bank, a commitment fee at a rate per annum equal to the Applicable Commitment Fee Margin on the daily average unused amount of such Bank's Revolving Credit Commitment, for the period from and including the date of the First Amendment to but excluding the earlier of the date Revolving Credit Commitments are terminated or the Revolving Credit Termination Date.

  • Such Compliance Certificate shall be used for the determination of the Applicable Margin as to all Loans and the Applicable Commitment Fee Margin.

  • The phrase "Fiscal Quarter ended September 30, 1997" contained in the definition of Applicable Commitment Fee Margin in the Existing Credit Agreement is hereby amended and replaced by the phrase "Fiscal Quarter ended December 31, 1997".


More Definitions of Applicable Commitment Fee Margin

Applicable Commitment Fee Margin means 0.50%.
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Applicable Commitment Fee Margin means the applicable percentage set forth below corresponding to the relevant Leverage Ratio: Notwithstanding anything to the contrary set forth in this Agreement (including the then effective Leverage Ratio), the Applicable Commitment Fee Margin from the Restatement Effective Date through (and including) the date of delivery of the financial statements for the second full Fiscal Quarter ending after the Restatement Effective Date shall be 0.75%. The Leverage Ratio used to compute the Applicable Commitment Fee Margin shall be that set forth in the Compliance Certificate most recently delivered by the Borrower to the Administrative Agent. Changes in the Applicable Commitment Fee Margin resulting from a change in the Leverage Ratio shall become effective upon delivery by the Borrower to the Administrative Agent of a new Compliance Certificate pursuant to clause (c) of Section 7.1.1. If the Borrower fails to deliver a Compliance Certificate on or before the date required pursuant to clause (c) of Section 7.1.1, the Applicable Commitment Fee Margin from and including the day after such required date of delivery to but not including the date the Borrower delivers to the Administrative Agent a Compliance Certificate shall equal the highest Applicable Commitment Fee Margin set forth above.
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Applicable Commitment Fee Margin means (a) at all times prior to the Reset Date, 0.500% and (b) at all times after the Reset Date, the applicable percentage set forth below corresponding to the relevant Leverage Ratio set forth in the Compliance Certificate most recently delivered by the Borrowers to the Administrative Agent:
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Applicable Commitment Fee Margin means 0.375%.
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Applicable Commitment Fee Margin shall have the meaning set forth in Section 2.5.1(ii) hereof.
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Applicable Commitment Fee Margin means the lowest per annum rate determined by reference to the Net Debt to EBITDA Ratio and EBITDA to Interest Ratio, in each case that is satisfied for each of such ratios in a given clause below and as indicated in the Compliance Certificate most recently delivered pursuant to clause (c) of Section 7.1.1, equal to:
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Applicable Commitment Fee Margin means at all times during the applicable periods set forth below with respect to the commitment fee payable to the Lenders, pursuant to Section 3.3.1, the applicable percentage set forth below under the column entitled "Applicable Commitment Fee Margin": Applicable Commitment Leverage Ratio Fee Margin Less than 3.50:1 0.250% Greater than or equal to 0.375% 3.50:1 and less than 4.50:1
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