Applicable Standby Fee Rate definition

Applicable Standby Fee Rate means, subject to the following sentence, the standby fee rate in basis points per annum set forth and defined in the column headed "Standby Fee" in Schedule 7 with respect to the applicable Credit Facility and corresponding to CPRC's senior unsecured debt rating determined to be applicable in accordance with Schedule 7. Upon the occurrence and during the continuance of an Event of Default, the Applicable Standby Fee Rate during such period shall be the highest rate provided for in the applicable column of Schedule 7.
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Applicable Standby Fee Rate means, subject to the following sentence, the standby fee rate in basis points per annum set forth and defined in the column headed “Standby Fee” in Schedule 7 with respect to the applicable Credit Facility and corresponding to CPRC’s senior unsecured debt rating determined to be applicable in accordance with Schedule 7. Upon the occurrence and during the continuance of an Event of Default, the Applicable Standby Fee Rate during such period shall be the highest rate provided for in the applicable column of Schedule 7.
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Applicable Standby Fee Rate shall have the meaning specified in Section 4.06.
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Examples of Applicable Standby Fee Rate in a sentence

  • On the date of this Agreement the Applicable Standby Fee Rate is 0.15% per annum.

  • Dollars with respect to the period commencing on the date of this Agreement and ending on the Maturity Date, or such earlier date as the Revolving Commitments of all the Lenders under the Credit are repaid and terminated, calculated on the daily unutilized amount of such Lender's Revolving Commitments under the Credit at a rate per annum equal to the rate (the "Applicable Standby Fee Rate") as determined in accordance with the provisions of this Section.

  • The Applicable Standby Fee Rate from and including the Closing Date to but excluding the Reset Date immediately following the Fiscal Quarter ending September 30, 2002 shall be set at Level II described below.

  • Subject to Section 4.03(a), in the event the Administrative Agent does not receive a Compliance Certificate for any Fiscal Quarter that has ended as required pursuant to this Agreement (the "Scheduled Reset Date"), the Applicable Loan Spread, the Applicable Stamping Fee and the Applicable Standby Fee Rate for the Credit for the following Fiscal Quarters shall continue to be based on the Compliance Certificate for the last actual Reset Date until such time as a new Compliance Certificate is delivered.


More Definitions of Applicable Standby Fee Rate

Applicable Standby Fee Rate as regards the standby fees payable in accordance with Section 5.6, means, when the Utilization (calculated as at the date of determination of the standby fees in accordance with Section 5.6) is one of the following, the rate per annum equal to the percentage of the Applicable Pricing Rate then applicable to the acceptance fees for Bankers’ Acceptances set forth opposite such Utilization: Utilization Applicable Standby Fee Rate (as a percentage of the Applicable Pricing Rate) less than or equal to 331/3% 35.0% greater than 331/3% and less than or equal to 662/3% 30.0% greater than 662/3% 25.0% “Approved Securities” means obligations maturing within one year from their date of purchase or other acquisition by the Borrower or Subsidiary and which are:
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Related to Applicable Standby Fee Rate

  • Applicable Fee Rate means, at any time, the percentage rate per annum at which facility fees are accruing on the Aggregate Commitment (without regard to usage) at such time as set forth in the Pricing Schedule.

  • Commitment Fee Rate has the meaning set forth in the definition of “Applicable Margin”.

  • Applicable Commitment Fee Rate means:

  • Applicable Margin means, with respect to Advances of any Type at any time, the percentage rate per annum which is applicable at such time with respect to Advances of such Type as set forth in the Pricing Schedule.

  • Applicable Rate means a percentage per annum equal to: