Class B Usage Fee Rate definition

Class B Usage Fee Rate means the applicable rate or rates identified as the "Class B Usage Fee Rate" in the Supplemental Fee Letter entered into on the Initial Closing Date between the Issuer and the Administrative Agent, for the benefit of, among others, the Class B Purchasers.
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Class B Usage Fee Rate means the sum of (i) the Cost of Funds and (ii) the Class B Usage Fee Margin.
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Class B Usage Fee Rate means the sum of (i) the Cost of Funds and (ii) the Class B Usage Fee Margin; provided, however, with respect Class B Advances (or portion thereof) actually funded by a Conduit Lender through the issuance of Commercial Paper, during the continuance of an Event of Default, the Class B Usage Fee Rate shall not exceed the sum of (a)(x) the Adjusted Benchmark (or, as required pursuant to Section 2.15 if the then applicable Benchmark is not available, the Base Rate) or (y) any other rate as determined in accordance with Section 2.15 which may include another tenor of the Benchmark, for the related Interest Accrual Period and (b) the Class B Usage Fee Margin with respect to the Class B Lenders on the date hereof.
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Related to Class B Usage Fee Rate

  • Unused Fee Rate means 0.50% per annum.

  • L/C Fee Rate means the Applicable Margin with respect to LIBOR Rate Loans.

  • Program Fee Rate is defined in the Fee Letter.

  • Expense Fee Rate As to each Mortgage Loan, a per annum rate equal to the sum of the Servicing Fee Rate and the Trustee Fee Rate.

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

  • Undrawn Fee Rate has the meaning set forth in the Fee Letter.

  • 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.

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

  • Utilization Fee Rate means the percentage set forth in Schedule 1 hereto beside the then applicable Level.

  • 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.”

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

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

  • 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.

  • 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 Utilization Fee Rate means, as of any date, the percentage rate per annum at which Utilization Fees accrue on all Revolving Credit Advances at such time as set forth in the Pricing Schedule.

  • 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).

  • Unused Commitment Fee Rate has the meaning given to such term in the Fee Letter.

  • Servicing Fee Rate With respect to each Mortgage Loan, 0.50% per annum.

  • Trustee Fee Rate 0.0025% per annum.

  • Workout Fee Rate With respect to each Corrected Mortgage Loan, 1.00%.

  • Administrative Fee Rate The sum of the Servicing Fee Rate, the Trustee/Certificate Administrator Fee Rate and the CREFC® Licensing Fee Rate.

  • Liquidation Fee Rate With respect to each Specially Serviced Mortgage Loan or REO Property as to which a Liquidation Fee is payable, 1.0%.

  • Applicable Fee Percentage means, as of any date of determination thereof, the applicable percentage used to calculate certain of the fees due and payable hereunder, determined by reference to the appropriate columns in the Pricing Matrix attached to this Agreement as Schedule 1.1.

  • Excess Servicing Fee Rate The rate of 0.0% per annum with respect to each Mortgage Loan.

  • Letter of Credit Fee Rate means, with respect to a Letter of Credit, the annual percentage per annum indicated below the reference to “Letters of Credit” in the definition of “Applicable Margin” relevant to the period in respect of which determination is being made, as adjusted pursuant to the definition of “Applicable Margin”.

  • 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.