Examples of Applicable Unused Facility Fee Percentage in a sentence
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 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.
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.