Applicable Unused Facility Fee Percentage definition

Applicable Unused Facility Fee Percentage means 0.50% per annum.
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Applicable Unused Facility Fee Percentage means 0.375%.
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Applicable Unused Facility Fee Percentage shall be determined pursuant to Section 3.2.
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Examples of Applicable Unused Facility Fee Percentage in a sentence

  • If during any month the average daily Revolving Exposure for each day of the month does not equal the Revolving Commitment, then Borrowers must pay to Lender a fee at a rate per annum equal to the Applicable Unused Facility Fee Percentage multiplied by the amount that the Revolving Commitment exceeds the average daily Revolving Exposure.

  • If during any month the average daily Revolving Exposure for any day of the month does not equal the aggregate Revolving Commitments, then Borrowers must pay to the Administrative Agent, for the account of each Lender, a fee at a rate per annum equal to the Applicable Unused Facility Fee Percentage multiplied by the amount that the aggregate Revolving Commitments exceed the average daily Revolving Exposure (the "Unused Facility Fee").

  • From each Incentive Pricing Effective Date until the next Incentive Pricing Effective Date, the Applicable Base Rate Margin, the Applicable Libor Rate Margin, the Applicable Unused Facility Fee Percentage and the Applicable Letter of Credit Fee Percentage shall be determined by reference to the applicable Undrawn Availability on the grid below; provided, however, that Tier III pricing shall apply through and including November 30, 2010.

  • If during any month the average daily Revolving Principal Amount for any day of the month does not equal the aggregate Revolving Commitments, Borrowers must pay to the Administrative Agent, for the account of each Lender, a fee at a rate per annum equal to the Applicable Unused Facility Fee Percentage multiplied by the amount that the aggregate Revolving Commitments exceed that day’s Revolving Principal Amount.

  • From each Incentive Pricing Effective Date until the next Incentive Pricing Effective Date, the Applicable Base Rate Margin, the Applicable Libor Rate Margin, the Applicable Unused Facility Fee Percentage and the Applicable Letter of Credit Fee Percentage shall be determined by reference to the applicable Undrawn Availability on the grid below; provided, however, that Tier IV pricing shall apply through and including November 30, 2007.

  • If during any month the average daily Revolving Exposure for any day of the month does not equal the aggregate Revolving Commitments, then Borrowers must pay to the Administrative Agent, for the account of each Lender, a fee at a rate per annum equal to the Applicable Unused Facility Fee Percentage multiplied by the amount that the aggregate Revolving Commitments exceeds the greater of (x) that day’s Revolving Exposure or (y) the Loan Threshold at such time.


More Definitions of Applicable Unused Facility Fee Percentage

Applicable Unused Facility Fee Percentage means the applicable percentage set forth below determined by reference to the applicable Unused Facility Percentage: ----------------------------------------------------------------------------------------------- Unused Facility Percentage Applicable Unused Facility Fee Percentage ----------------------------------------------------------------------------------------------- If Unused Facility Percentage is greater than 0.20% per annum or equal to 50% ----------------------------------------------------------------------------------------------- If Unused Facility Percentage is less than 50% 0.10% per annum -----------------------------------------------------------------------------------------------
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Related to Applicable Unused Facility Fee Percentage

  • Applicable Facility 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.

  • Applicable Unused Line Fee Percentage means, as of any date of determination, the applicable percentage set forth in the following table that corresponds to the Average Revolver Usage of Borrowers for the most recently completed month as determined by Agent in its Permitted Discretion; provided, that for the period from the Closing Date through and including the last day of the third full calendar month following the Closing Date, the Applicable Unused Line Fee Percentage shall be set at the rate in the row styled “Level II”; provided further, that any time an Event of Default has occurred and is continuing, the Applicable Unused Line Fee Percentage shall be set at the margin in the row styled “Level II”: I > 50% of the Maximum Revolver Amount 0.375 percentage points II ≤ 50% of the Maximum Revolver Amount 0.50 percentage points The Applicable Unused Line Fee Percentage shall be re-determined on the first date of each month by Agent.

  • Facility Fee Percentage means, as of any date, the percentage set forth in the column headed “Facility Fee Percentage” in Section 2.3 that is in effect on such date.

  • 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 2.15(C)(i) hereof determined in accordance with the provisions of Section 2.15(D)(ii) hereof.

  • Commitment Fee Percentage means 0.25% per annum.