Commitment Charge definition

Commitment Charge is deleted, and subsequent paragraphs are re-numbered accordingly.

Commitment Charge means the commitment charge specified in the Loan Agreement for the purpose of Section 3.01(b).”

Commitment Charge means the fees to be charged by the Contractor, during a Partial Availability Service Period, to place the Aircraft providing the Services in a state of Commitment, i.e. on Standby or conducting operations.

Examples of Commitment Charge in a sentence

• The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum.

• The Maximum Commitment Charge Rate is one-half of one percent (1/2 of 1%) per annum on the Unwithdrawn Financing Balance.

• The Commitment Charge is one quarter of one percent (0.25%) per annum on the Unwithdrawn Loan Balance.

• The Commitment Charge payable by the Borrower shall be equal to three-fourths of one percent (3/4 of 1%) per annum on the Unwithdrawn Loan Balance, subject to any waiver of a portion of such charge as may be determined by the Bank from time to time.

• The Maximum Commitment Charge Rate payable by the Recipient on the Un- withdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per annum.

More Definitions of Commitment Charge

Commitment Charge means the commitment charge specified in the Loan Agreement for the purpose of Section 3.01(b).” 5. In the renumbered paragraph 49 (originally paragraph 48) of the Appendix, the definition of “Front-end Fee” is modified by replacing the reference to Section 3.01 with Section 3.01 (a). 6. In the renumbered paragraph 68 (originally paragraph 67) of the Appendix, the definition of the term “Loan Payment” is modified to read as follows:

Commitment Charge means the commitment charge payable by the Recipient on the Unwithdrawn Financing Balance pursuant to Section 3.01. If the Financing includes a Credit and a Grant, “Commitment Charge” refers separately to the commitment charge on the Unwithdrawn Credit Balance and the commitment charge on the Unwithdrawn Grant Balance.

Commitment Charge and its definition as set forth in the Appendix are deleted in their entirety.

Commitment Charge means the commitment charge specified in Section 3.05(a).

Commitment Charge means $30,000, which charge has been paid to Lender prior to the Closing Date, and shall be deemed fully earned on the Closing Date regardless of the early termination of this Agreement.

Commitment Charge means the amount payable to the TRAS Provider for the quantum of TRAS-Up cleared in the Day Ahead AS Market or the Real Time AS Market, as the case may be, but not instructed for despatch;

Commitment Charge means Thirty-Five Thousand Dollars ($35,000).