Base Facility Fee definition

Base Facility Fee means (i) 65 basis points for a Base Facility Advance drawn from the Base Facility Commitment initially available under this Agreement or converted from the Revolving Commitment during the period ending on the date 12 months after the Initial Closing Date, and (ii) for any Base Facility Advance drawn from any portion of the Base Facility Commitment increased under Article VIII or converted from any portion of the Revolving Commitment after the period ending on the date 12 months after the Initial Closing Date, the number of basis points determined at the time of such increase by the Lender as the Base Facility Fee for such Base Facility Advances, provided that in no event shall the Base Facility Fee for Base Facility Advances converted from the Revolving Commitment (expressed as a number of basis points) exceed the Revolving Facility Fee.
Sample 1
Base Facility Fee means (i) 50 basis points for a Base Facility ----------------- Advance drawn from the Base Facility Commitment initially available (whether drawn or undrawn) under this Agreement or converted from the Revolving Facility Commitment during the period ending on the date 12 months after the Initial Closing Date, and (ii) for any Base Facility Advance drawn from any portion of the Base Facility Commitment increased under Article VIII or converted from any portion of the Revolving Facility Commitment after the period ending on the date 12 months after the Initial Closing Date, the number of basis points determined at the time of such increase by the Lender as the Base Facility Fee for such Base Facility Advances, provided that in no event shall the Base Facility Fee for Base Facility Advances converted from the Revolving Facility Commitment (expressed as a number of basis points) exceed the Revolving Facility Fee.
Sample 1
Base Facility Fee means (a) for any Base Facility Advance converted from the Revolving Facility Commitment available under this Agreement which (i) has a maturity date which does not extend beyond the Revolving Facility Termination Date and (ii) is, in all material respects (as determined by the Lender), consistent with the terms of the Revolving Facility hereunder (i.e. as to lock-out period, etc.), 58 basis points; and (b) for any Base Facility Advance converted from any portion of the Revolving Facility Commitment available under this Agreement which (i) has a maturity date which does extend beyond the Revolving Credit Facility Termination Date and/or (ii) is not, in all material respects (as determined by the Lender), consistent with the terms of the Revolving Facility hereunder, the number of basis points determined at the time of such conversion by the Lender as the Base Facility Fee for such Base Facility Advance.
Sample 1

Examples of Base Facility Fee in a sentence

  • Each Base Facility Advance shall bear interest at a rate, per annum, equal to the sum of (i) the MBS Pass-Through Rate determined for such Base Facility Advance and (ii) the Base Facility Fee.

  • Each Base Facility Advance shall bear interest at a -------- rate, per annum, equal to the sum of (i) the MBS Pass-Through Rate determined for such Base Facility Advance and (ii) the Base Facility Fee.

  • All accounts shall be billed a Customer Account Charge and Base Facility Fee on a monthly basis, irrespective of actual usage, to compensate the District for the fixed and non-variable costs of operating the Utility and maintaining readiness to serve the Customer.

  • Type of Service Potable Water Wastewater Combined Potable Water & Wastewater Reclaimed Water 1Monthly Base Facility Fee: $33.49$116.94$210.86$369.17$884.55By Dept.

  • The Rate 25 Setting Form (i) contains various factual certifications required by the Lender and (ii) specifies the amount, term, MBS Issue Date, MBS Delivery Date, Base Facility Fee, proposed maximum Coupon Rate (the "MAXIMUM ANNUAL COUPON RATE"), Price (which will be in a range between 99-1/2 and 100-1/2), Yield Maintenance Period and Closing Date for the Advance.


More Definitions of Base Facility Fee

Base Facility Fee means, with respect to a Base Facility Advance, the number of basis points for a Base Facility Advance determined under Sections 2.03(d)(1)(ii) or (d)(2)(ii).
Sample 1
Base Facility Fee means (i) 50 basis points per annum (0.50%) with respect to the Base Facility Advances evidenced by (a) that certain Base Facility Note dated as of May 14, 2002 in the original principal amount of $100,000,000, and (b) that certain Base Facility Note dated as of May 14, 2002 in the original principal amount of $50,000,000, (ii) 35 basis points per annum (0.35%) with respect to the Base Facility Advances evidenced by (a) that certain Base Facility Note (titled “Multifamily Revolving Facility Note”) effective as of December 1, 2005 in the original principal amount of $75,000,000 and (b) that certain Base Facility Note dated as of July 3, 2006 in the original principal amount of $35,487,000, and (iii) for any Base Facility Advance drawn from any portion of the Base Facility Commitment increased under Article VIII or converted from any portion of the Revolving Facility Commitment after July 3, 2006, the number of basis points determined at the time of such increase by the Lender as the Base Facility Fee for such Base Facility Advances, provided that in no event shall the Base Facility Fee for Base Facility Advances converted from the Revolving Facility Commitment (expressed as a number of basis points) exceed the Revolving Facility Fee.
Sample 1

Related to Base Facility Fee

  • Applicable Facility Fee means the percentage set forth in the table below corresponding to the Level at which the Ratings-Based Applicable Margin is determined in accordance with the definition thereof: 2 0.125 % 3 0.150 % 4 0.200 % 5 0.250 % 6 0.300 % Any change in the applicable Level at which the Ratings-Based Applicable Margin is determined shall result in a corresponding and simultaneous change in the Applicable Facility Fee.

  • Facility Fee has the meaning specified in Section 2.09(a).

  • Unused Facility Fee has the meaning specified in Section 2.09(a).

  • Facility Fees has the meaning provided in Section 2.11(a).

  • Applicable Facility Fee Rate means, at any time, the percentage rate per annum at which Facility Fees are accruing on the Aggregate Commitment at such time as set forth in the Pricing Schedule.

  • 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.

  • Unused Revolving Line Facility Fee is defined in Section 2.4(d).

  • Commitment Fee has the meaning specified in Section 2.09(a).

  • Facility Fee Rate means a rate per annum determined in accordance with the Pricing Schedule.

  • 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 Margin means, for each Pricing Period, the margin set forth below (expressed in basis points per annum) opposite the Applicable Pricing Level for that Pricing Period: II 10.0 V 17.5

  • Applicable Commitment Fee Rate shall mean 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 “Commitment Fee.”

  • Unused Commitment Fee has the meaning specified in Section 2.12(a) (Fees).

  • Commitment Fee Percentage means, with respect to the Revolving Loan Commitments at any time, the per annum percentage which is used to calculate Commitment Fees for such Revolving Loan Commitments determined pursuant to the Pricing Grid.

  • Revolving Commitment Fee has the meaning specified in Section 2.09(a).

  • Replaced Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).

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

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

  • Applicable Unused Line Fee Margin means the per annum fee, from time to time in effect, payable in respect of Borrowers’ non-use of committed funds pursuant to Section 1.9(b), which fee is determined by reference to Section 1.5(a).

  • Undrawn Fee a fee payable pursuant to Section 3.2 for each day of the related Collection Period equal to the product of (x) the aggregate Commitments on such day minus the aggregate principal amount of outstanding Advances on such day times (y) the Undrawn Fee Rate times (z) 1/360.

  • 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.

  • Utilization Fee shall have the meaning assigned to such term in Section 2.06(b).

  • Commitment Fees has the meaning set forth in Section 2.11(a).

  • Applicable Commitment 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 “Commitment Fee.”

  • Additional Revolving Facility means any revolving credit facility added pursuant to Sections 2.22, 2.23 or 9.02(c)(ii).

  • Applicable Revolving Commitment Fee Percentage means (a) from the Closing Date until the date of delivery of the Compliance Certificate and the financial statements for the second full Fiscal Quarter after the Closing Date, a percentage, per annum, determined by reference to the following table as if the Leverage Ratio then in effect were 3.00:1.00; and (b) thereafter, a percentage, per annum, determined by reference to the Leverage Ratio in effect from time to time as set forth below: >3.00:1.00 0.75% 1.30% <3.00:1.00 >2.50:1.00 0.75% 1.20% No change in the Applicable Revolving Commitment Fee Percentage shall be effective until three (3) Business Days after the date on which the Administrative Agent has received the applicable financial statements and a Compliance Certificate pursuant to Section 5.01(c) calculating the Leverage Ratio. At any time the Borrower Representative has not submitted to the Administrative Agent the applicable information as and when required under Section 5.01(c), the Applicable Revolving Commitment Fee Percentage shall be determined as if the Leverage Ratio were in excess of 3.00:1.00. Promptly following receipt of the applicable information under Section 5.01(c), the Administrative Agent shall give each Lender telefacsimile or telephonic notice (confirmed in writing) of the Applicable Revolving Commitment Fee Percentage in effect from such date. In the event that any financial statement or certificate delivered pursuant to Section 5.01 is shown to be inaccurate, and such inaccuracy, if corrected, would have led to the application of a higher Applicable Revolving Commitment Fee Percentage for any Applicable Period than the Applicable Revolving Commitment Fee Percentage applied for such Applicable Period, then (i) the Borrower Representative shall immediately deliver to the Administrative Agent a correct certificate required by Section 5.01 for such Applicable Period, (ii) the Applicable Revolving Commitment Fee Percentage shall be recalculated with the Leverage Ratio at the corrected level and (iii) each applicable Borrower shall immediately pay to the Administrative Agent the accrued additional fees owing as a result of such increased Applicable Revolving Commitment Fee Percentage for such Applicable Period. Nothing in this definition shall limit the right of the Administrative Agent or any Lender under Section 2.10 or Article VIII and the provisions of this definition shall survive the termination of this Agreement.