Applicable Letter of Credit Fee Rate means the percentage rate per annum based on the Leverage Ratio then in effect according to the pricing grid on Schedule 1.1(A) below the heading “Letter of Credit Fee.”
Applicable Letter of Credit Fee Rate means, as of any date of determination, the then effective Applicable Eurodollar Rate Margin.
Applicable Letter of Credit Fee Rate means, at any time, with respect to Letters of Credit, the percentage rate per annum which is applicable at such time as set forth in the Pricing Schedule.
Examples of Applicable Letter of Credit Fee Rate in a sentence
The Borrower shall pay in Dollars (i) to the Administrative Agent for the ratable account of the Lenders a fee (the “Letter of Credit Fee”) equal to the Applicable Letter of Credit Fee Rate on the daily amount available to be drawn under each Letter of Credit, and (ii) to the Issuing Lender for its own account a fronting fee equal to 0.125% per annum on the daily amount available to be drawn under each Letter of Credit.
More Definitions of Applicable Letter of Credit Fee Rate
Applicable Letter of Credit Fee Rate means the percentage rate per annum based on the Total Leverage Ratio according to the pricing grid on Schedule 1.1(A) below the heading “LIBOR Loans.”
Applicable Letter of Credit Fee Rate means, for any day, the Applicable Margin for Revolving Eurodollar Loans of Revolving Lenders.
Applicable Letter of Credit Fee Rate means, at any time, a rate per annum equal to the Applicable Margin for Eurodollar Rate Advances in effect at such time.
Applicable Letter of Credit Fee Rate means the percentage rate per annum based on the Leverage Ratio then in effect according to the pricing grid on Schedule 1.1(A) below the heading “Applicable Letter of Credit Fee.” The Applicable Letter of Credit Fee Rate shall be computed in accordance with the parameters set forth on Schedule 1.1(A). Applicable Margin shall mean, as applicable:
Applicable Letter of Credit Fee Rate means, for any date, with respect to Letters of Credit issued pursuant to or governed by the terms of this Agreement, the applicable per annum Letter of Credit Fee Rate set forth on the Pricing Schedule.
Applicable Letter of Credit Fee Rate means, at any time, with respect to Letters of Credit, the percentage rate per annum which is applicable at such time as set forth in the Pricing Schedule; provided that the “Applicable Letter of Credit Fee Rate” shall be the rate per annum set forth in Category 4 during the period from the Closing Date to, and including, the date on which the Administrative Agent receives the financial statements and Compliance Certificate required to be delivered pursuant to Sections 6.1(a)(ii) and (iii) with respect to the fiscal quarter of the Parent ending March 31, 2018.
Applicable Letter of Credit Fee Rate means, with respect to any Pricing Level listed in the table in the definition of “Applicable Margin”, the respective rate set forth in such table under the heading “Applicable Letter of Credit Fee Rate”.