Examples of Applicable Fee Amount in a sentence
Holdings shall pay to the Administrative Agent for the account of each Revolving Lender a commitment fee on the actual daily unused portion of such Revolving Lender’s Revolving Commitment (the “Available Commitment”), computed on a quarterly basis in arrears on the last Business Day of each calendar quarter based upon the daily utilization for that quarter as calculated by the Administrative Agent at a rate per annum equal to the Applicable Fee Amount (such fees, the “Commitment Fees”).
The Company shall pay to the Agent for the account of each Bank a facility fee on such Bank's Commitment, regardless of usage, computed on a quarterly basis in arrears on the last Business Day of each calendar quarter at a rate per annum equal to the Applicable Fee Amount.
If Holdings shall fail to deliver a Compliance Certificate and accompanying financial statements within the number of days after the end of any fiscal quarter or fiscal year as required pursuant to Section 7.02(c), the parties agree that the Applicable Margin and the Applicable Fee Amount shall be fixed at Level 5 until such time as Holdings delivers such new Compliance Certificate and accompanying financial statements pursuant to Section 7.02(c).
The Borrower shall pay to the Agent, for the account of ------------- each Bank, a facility fee in Canadian Dollars on the Aggregate Commitment, computed on a quarterly basis in arrears on the last Business Day of each calendar quarter, as calculated by the Agent, at a rate per annum equal to the Applicable Fee Amount.
If Holdings shall fail to deliver a Compliance Certificate and accompanying financial statements within the number of days after the end of any fiscal quarter or fiscal year as required pursuant to Section 7.02(c), the parties agree that the Applicable Margin and the Applicable Fee Amount shall be fixed at Level 4 until such time as Holdings delivers such new Compliance Certificate and accompanying financial statements pursuant to Section 7.02(c).