Applicable Commitment Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.15(C)(i) hereof determined in accordance with the provisions of Section 2.15(D)(ii) hereof.
Applicable Commitment Fee Percentage. 0.25% per annum.
Applicable Commitment Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.14(C) hereof determined in accordance with the provisions of Section 2.14(D)(ii) hereof.
Examples of Applicable Commitment Fee Percentage in a sentence
The commitment fee shall be calculated quarterly in arrears, and if there is any change in the Applicable Commitment Fee Percentage during any quarter, the actual daily amount shall be computed and multiplied by the Applicable Commitment Fee Percentage separately for each period during such quarter that such Applicable Commitment Fee Percentage was in effect.
Applicable Margin, Applicable Commitment Fee Percentage and Applicable L/C Fee Percentage.
Each change in the Applicable Base Rate Margin or Applicable Eurocurrency Margin or the Applicable Commitment Fee Percentage or any change in the LC Commission as a result of a change in the Borrower’s Most Recent Leverage Ratio shall become effective on the date upon which such change in such ratio occurs.
Each change in the Applicable Base Rate Margin or Applicable Eurocurrency Margin or the Applicable Commitment Fee Percentage as a result of a change in the Applicable Leverage Ratio shall become effective on the date upon which such change in such ratio occurs.
Each change in the Applicable Base Rate Margin or Applicable Eurocurrency Margin or the Applicable Commitment Fee Percentage as a result of a change in Crown Holdings’ Most Recent Total Leverage Ratio shall become effective on the date upon which such change in such ratio occurs.
More Definitions of Applicable Commitment Fee Percentage
Applicable Commitment Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.15(c)(i) hereof determined in accordance with the provisions of Section 2.15(d)(ii) hereof.
Applicable Commitment Fee Percentage means, as of any date, with respect to the Commitment Fee as of any date, the percentage per annum determined by reference to the applicable Rating Category as set forth on Schedule I; provided, that a change in the Applicable Commitment Fee Percentage resulting from a change in the Rating Category shall be effective on the day on which any rating agency changes its rating and shall continue until the day prior to the day that a further change becomes effective. Notwithstanding the foregoing, the Applicable Commitment Fee Percentage for the Commitment Fee from the Closing Date until the first change in the applicable Rating Category after the Closing Date shall be at Level III as set forth on Schedule I.
Applicable Commitment Fee Percentage means a rate per annum equal to the applicable rate specified in the pricing schedule attached hereto as Appendix I.
Applicable Commitment Fee Percentage during the period from the Closing Date until the first Adjustment Date, the Applicable Commitment Fee Percentage shall at all times equal 0.50% per annum. The Applicable Commitment Fee Percentage will be adjusted on each Adjustment Date to the applicable rate per annum set forth under clause (a) of the definition of “Pricing Grid”, under the heading “Applicable Commitment Fee Percentage” on the Pricing Grid which corresponds to the Consolidated Total Corporate Leverage Ratio determined from the financial statements and Compliance Certificate relating to the end of the fiscal quarter immediately preceding such Adjustment Date. If it is subsequently determined before the date on which all Revolving Loans and Swing Line Loans of the applicable Tranche have been repaid and all Revolving Commitments of the applicable Tranche have been terminated that the Consolidated Total Corporate Leverage Ratio set forth in any Compliance Certificate delivered to the Administrative Agent is inaccurate for any reason and the result thereof is that the Revolving Lenders received interest or fees for any period based on an Applicable Commitment Fee Percentage that is less than that which would have been applicable had the Consolidated Total Corporate Leverage Ratio been accurately determined, then, for all purposes of this Agreement, the “Applicable Commitment Fee Percentage” for any day occurring within the period covered by such Compliance Certificate shall retroactively be deemed to be the relevant percentage as based upon the accurately determined Consolidated Total Corporate Leverage Ratio for such period, and any shortfall in the interest or fees theretofore paid by the Borrowers for the relevant period as a result of the miscalculation of the Consolidated Total Corporate Leverage Ratio shall be deemed to be (and shall be) due and payable by the Borrowers upon the date that is five Business Days after notice by the Administrative Agent to the Parent Borrower of such miscalculation. During or prior to such five Business Day period and thereafter, if the preceding sentence is complied with, the failure to previously pay such interest and fees at the correct Applicable Commitment Fee Percentage and the delivery of such inaccurate certificate shall not in and of themselves constitute a Default or Event of Default and no amounts shall be payable at the Default Rate in respect of any such interest or fees.
Applicable Commitment Fee Percentage means three-quarters of one percent (0.75%).
Applicable Commitment Fee Percentage the applicable rate per annum set forth below, based upon the Consolidated First Lien Leverage Ratio as of the end of the fiscal quarter of the Borrower for which consolidated financial statements have theretofore been most recently delivered pursuant to subsection 6.1(a) or (b); provided that, until the date of the delivery of the consolidated financial statements pursuant to subsection 6.1(a) or (b) as of and for the first fiscal quarter ended after the 2021 Amendment Effective Date, the Applicable Commitment Fee Percentage shall be based on the rates per annum set forth in Category 2: For purposes of the foregoing, each change in the Applicable Commitment Fee Percentage resulting from a change in the Consolidated First Lien Leverage Ratio shall be effective during the period commencing on and including the Business Day following the date of delivery to the Administrative Agent pursuant to subsection 6.1(a) or (b) of the consolidated financial statements indicating such change and ending on the date immediately preceding the effective date of the next such change. Notwithstanding the foregoing, the Applicable Commitment Fee Percentage shall be based on the rates per annum set forth in Category 1 (i) at any time that an Event of Default has occurred and is continuing or (ii) if the Borrower fails to deliver the consolidated financial statements required to be delivered pursuant to subsection 6.1(a) or (b) or any Compliance Certificate required to be delivered pursuant to subsection 6.2(b), in each case within the time periods specified herein for such delivery, during the period commencing on and including [[5629054]]
Applicable Commitment Fee Percentage means, with respect to Revolving Credit Loans, 0.200% per annum; provided, that if, as at the last day of any fiscal quarter of the Company, commencing with the fiscal quarter ending December 31, 2002, the Leverage Ratio shall fall within any of the ranges set forth in Schedule Z below then, subject to the delivery to the Agent no later than 45 days (or, in the case of the fiscal quarter ending on December 31, 2002, no later than 120 days) after the end of such fiscal quarter of a certificate of a senior financial officer of the Company demonstrating such fact (together with, solely in the case of the fiscal quarter ending December 31, 2002, the audited financial statements for fiscal year ending on such date required to be furnished to the Lenders pursuant to Section 9.01(b) hereof), the "Applicable Commitment Fee Percentage" for Revolving Credit Loans shall be the percentage per annum set forth opposite such range in such Schedule Z during the period commencing on the date of receipt of such certificate (and such financial statements, if applicable) to but not including the earlier of (x) the date such a certificate is delivered by the Company with respect to the Leverage Ratio as at the end of the immediately following fiscal quarter and (y) 45 days after the end of such immediately following fiscal quarter (except that notwithstanding the foregoing, the Applicable Commitment Fee Percentage shall equal 0.350% per annum for any fiscal quarter during which an Event of Default shall have occurred and be continuing): Schedule Z ---------------------------------------- --------------------------------------- Leverage Ratio Commitment Fee Fee Percentage (% p.a.) ---------------------------------------- --------------------------------------- Less than 0.75 0.150% ---------------------------------------- --------------------------------------- Equal to or greater than 0.75 0.200% ---------------------------------------- --------------------------------------- Equal to or greater than 1.50 0.250% ---------------------------------------- --------------------------------------- Equal to or greater than 2.00 0.300% ---------------------------------------- --------------------------------------- Equal to or greater than 2.50 0.350% ---------------------------------------- ---------------------------------------