Examples of Applicable Fee in a sentence
The Borrower shall pay to the Administrative Agent for the account of each Revolving Credit Lender in accordance with its Applicable Percentage, a commitment fee equal to the Applicable Fee Rate times the actual daily amount by which the Revolving Credit Facility exceeds the sum of (i) the Outstanding Amount of Revolving Credit Loans and (ii) the Outstanding Amount of L/C Obligations, subject to adjustment as provided in Section 2.16.
These percentage amounts were determined by the Owner during Agreement negotiations as the Applicable Fee Limitation.
The commitment fee shall be calculated quarterly in arrears, and if there is any change in the Applicable Fee Rate during any quarter, the actual daily amount shall be computed and multiplied by the Applicable Fee Rate separately for each period during such quarter that such Applicable Fee Rate was in effect.
Applicable Fee Schedules: Payment Networks Qualification Matrix xxxxx://xxx.xxxxxxxxxx.xxx/creditinterchangeplus Payment Networks Pass-Through Fees xxxxx://xxx.xxxxxxxxxx.xxx/merchantpassthroughfees PIN Debit Networks Fee Schedule (if applicable) xxxxx://xxx.xxxxxxxxxx.xxx/merchantdebitfees Merchant Statement Fee Description Glossary xxxxx://xxx.xxxxxxxxxx.xxx/processingfeeglossary Dues, assessments and pass-through fees are disclosed in the schedules above.