Applicable Undrawn Fee Rate definition

Applicable Undrawn Fee Rate means the rate per annum set forth in the definition of “Applicable Rate” based upon the applicable Debt Rating under the heading “Applicable Undrawn Fee Rate”.
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Applicable Undrawn Fee Rate means with respect to any day and the undrawn Commitments of all Committed Lenders:
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Applicable Undrawn Fee Rate means, at any time, the percentage rate per annum at which Undrawn Fees are accruing on the Available Aggregate Commitment at such time as set forth in the Pricing Schedule.
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Examples of Applicable Undrawn Fee Rate in a sentence

  • The Borrower agrees to pay to the Administrative Agent for the account of each Lender according to its Pro Rata Share a fee (the “Undrawn Fee”) at a per annum rate equal to the Applicable Undrawn Fee Rate per annum on the average daily Available Aggregate Commitment (subject to the following sentence) from the date hereof to and including the Facility Termination Date, payable in arrears on the first day of each calendar quarter hereafter and on the Facility Termination Date.


More Definitions of Applicable Undrawn Fee Rate

Applicable Undrawn Fee Rate means with respect to any day on or after the commencement of the June 2021 Interest Period and the undrawn Commitments of all Committed Lenders:
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Related to Applicable Undrawn Fee Rate

  • Applicable Unused Commitment Fee Rate means 0.50% per annum.

  • 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 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”.

  • Fee Rate means initially 0.25% per annum, which shall be subject to increase by 0.25% per annum for each Week in respect of which any Failure has occurred and is continuing.

  • 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 Commitment Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.14(C)(i) hereof determined in accordance with the provisions of Section 2.14(D)(ii) hereof.