Applicable Fee Percentage means, as of any date of determination thereof, the applicable percentage used to calculate certain of the fees due and payable hereunder, determined by reference to the appropriate columns in the Pricing Matrix attached to this Agreement as Schedule 1.1.
Applicable Fee Percentage means, as of any date of determination thereof, the applicable percentage used to calculate certain of the fees due and payable hereunder, determined by reference to the appropriate columns in the Pricing Matrix attached to this Agreement as Annex I.
Applicable Fee Percentage means, as of any date, a percentage per annum determined by reference to the Public Debt Rating in effect on such date as set forth below: Xxxxx 0 XX- / Xx0 or above 0.040 % Xxxxx 0 Xxxxx xxxx Xxxxx 0 xxx xx xxxxx X- / X0 0.050 % Xxxxx 0 Xxxxx xxxx Xxxxx 0 0.060 %
Examples of Applicable Fee Percentage in a sentence
The Borrowers agree during the Commitment Period to pay to each Lender, through the Lead Agent, at the dates specified herein, a facility fee (the “Facility Fee”) at a rate per annum equal to the Applicable Fee Percentage from time to time in effect for Facility Fees, as determined pursuant to Section 3.4(b), on the Commitment of such Lender.
Any such adjustment of the Applicable Fee Percentage shall cease to be effective from the next Fee Adjustment Date.
As of any such Fee Adjustment Date and during the Accrual Period commencing on such date, the Applicable Fee Percentage for Facility Fees shall be the Applicable Fee Percentage therefor indicated in the definition of the term “Applicable Fee Percentage” corresponding to the Net Leverage Ratio as of the Fee Determination Date for such Fee Adjustment Date.
More Definitions of Applicable Fee Percentage
Applicable Fee Percentage means the respective percentages per annum determined, at any time, based on the range into which Borrower’s Credit Rating then falls, in accordance with the following table. Any change in Borrower’s Credit Rating causing it to move to a different range on the table shall effect an immediate change in the Applicable Fee Percentage. Borrower must have two Credit Ratings, one of which must be from Moody’s or S&P. Any change in Borrower’s Credit Rating causing it to move to a different range on the table shall effect an immediate change in the Applicable Fee Percentage as of the date of such Credit Rating change. In the event that Borrower receives two (2) Credit Ratings that are not equivalent, the Applicable Fee Percentage shall be determined by the lower of such two (2) Credit Ratings, at least one of which shall be a Credit Rating from S&P or Moody’s. In the event Borrower receives more than two (2) ratings (from S&P, Moody’s or Fitch) and such ratings are not equivalent, the Applicable Fee Percentage shall be determined by the lower of the two highest ratings; provided that each of said two (2) highest ratings shall be Investment Grade Ratings and at least one of which shall be an Investment Grade Rating from S&P or Xxxxx’x. Range of Borrower’s Credit Rating (S&P/Moody’s Ratings) Applicable Fee Percentage (% per annum) At least BBB+/Baa1 0.15 At least BBB/Baa2 0.20 At least BBB-/Baa3 0.20 Less than BBB-/Baa3 or unrated 0.25
Applicable Fee Percentage means, with respect to any Unutilized R/C Commitments or unutilized Term Facility Commitments, 0.30%.
Applicable Fee Percentage means the respective percentages per annum determined, at any time, based on the range into which AMB LP’s Credit Rating then falls, in accordance with the table set forth below. Any change in AMB LP’s Credit Rating causing it to move to a different range on the table shall effect an immediate change in the Applicable Fee Percentage. AMB LP shall have not less than two (2) Credit Ratings at all times. In the event that AMB LP receives only two (2) Credit Ratings (one of which must be from S&P or Moody’s), and such Credit Ratings are not equivalent, the Applicable Fee Percentage shall be determined by the higher of such two (2) Credit Ratings. In the event that AMB LP receives more than two (2) Credit Ratings, and such Credit Ratings are not all equivalent, the Applicable Fee Percentage shall be determined by the highest Credit Rating, provided that said highest rating shall be from S&P or Moody’s; provided, further, that if the highest rating is not from S&P or Moody’s, then the Applicable Fee Percentage shall be determined by the highest Credit Rating from either S&P or Moody’s. Range of AMB LP’s Credit Rating (S&P/Moody’s Ratings) Applicable Fee Percentage A-/A3 or better 0.15% BBB+/Baa1 0.20% BBB/Baa2 0.20% BBB-/Baa3 0.25% <BBB-/Baa3 0.35%
Applicable Fee Percentage means, on each day of any Accrual Period, with respect to any Facility Fee,
Applicable Fee Percentage means, as of any date, a percentage per annum determined by reference to the Public Debt Rating in effect on such date as set forth below:
Applicable Fee Percentage means, as of any date, 0.02% per annum.
Applicable Fee Percentage means 0.025%.