Commitment Extension Fee definition

Commitment Extension Fee shall have the meaning given to that term in Subparagraph 2.04(c) of the Participation Agreement.
Sample 1Sample 2Sample 3
Commitment Extension Fee means an amount equal to (i) three quarters of one percent (0.75%) times (ii) the dollar amount of the Commitment remaining as of October 1, 2005. The Commitment Extension Fee shall be due and payable on October 1, 2005, subject to the provisions of Section 2.6. By way of example, if the remaining Commitment as of October 1, 2005, is $1,000,000, then the Commitment Extension Fee shall be $7,500.
Sample 1
Commitment Extension Fee means the relevant commitment extension fee paid under Section 2.06(c).
Sample 1

Examples of Commitment Extension Fee in a sentence

  • Lessee shall pay the Commitment Extension Fee on or prior to the Business Day immediately preceding the original Commitment Termination Date.

  • The Commitment Fee and the Commitment Extension Fee, if any, will be nonrefundable when paid.

  • Lessee shall pay the 364-Day Commitment Extension Fee on or prior to the original 364-Day Commitment Termination Date.

  • Payment of the Commitment Fee and the Commitment Extension Fee, if any, will be made by wire transfer of federal (same day) funds to the account specified by the Investor to the Company at least 24 hours in advance.

  • The Commitment Extension Fee (as defined herein), if any, will be paid by the Company as provided in Section 10(b)(ii).

  • In the event that the Borrowers do not pay the Bank Debt in full on or prior to August 31, 1999, any Commitment Extension Fee incurred and deferred as a result of this provision shall be deemed earned on the day it first accrues and shall become part of the Bank Debt on that day.

  • The Company shall, by wire transfer of immediately available funds, pay to ASOF the Second Lien Commitment Extension Fee.

  • The Company acknowledges and agrees that if either the Commitment Fee or the Commitment Extension Fee, if any, once paid, is required to be refunded to the Company or otherwise, at any time or for any reason other than as a result of clauses (A) or (B) above, the amount so refunded shall constitute an indemnifiable Loss under this Agreement.

  • If Lessor and the Participants consent to any extension of the Commitment Termination Date requested by Lessee pursuant to Subparagraph 2.09(a), Lessee shall pay to Agent, for the ratable benefit of the Facility 3 Participants as provided in clause (v) of Subparagraph 2.06(c), an extension fee (the "Commitment Extension Fee") equal to ten hundredths of one percent (0.10%) of the Unused Total Facility 3 Commitment on the date Lessee is notified by Agent of such consent.

  • The Incremental Second Lien Commitment Extension Fee shall be paid in three (3) installments as follows: (i) one million dollars ($1,000,000) payable upon execution of this Agreement; (ii) one million dollars ($1,000,000) payable on June 1, 2014; and (iii) one million dollars ($1,000,000) payable on July 1, 2014; provided that if the Closing occurs prior to any installment payment date, all unpaid installments shall be paid at Closing.


More Definitions of Commitment Extension Fee

Commitment Extension Fee means 0.50% (calculated on the basis of a 360-day year for actual days elapsed) of the Maximum Commitment Amount.
Sample 1

Related to Commitment Extension Fee

  • Extension Fee means the fee payable to the Trustee on each occasion the Manager, upon a Participating Dealer’s request, grants the Participation Dealer an extended settlement in respect of a Creation Application or Redemption Application.

  • Initial Term Loan Commitment means the commitment of a Lender to make or otherwise fund an Initial Term Loan and “Initial Term Loan Commitments” means such commitments of all of the Lenders in the aggregate. The amount of each Lender’s Initial Term Loan Commitment, if any, is set forth on Appendix A-1 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $200,000,000.

  • Additional Term Loan Commitment means any term commitment added pursuant to Sections 2.22, 2.23 and/or 9.02(c)(i).

  • Additional Commitment means any commitment hereunder added pursuant to Sections 2.22, 2.23 or 9.02(c).

  • Initial Commitment means, as to the Lender, its obligation to make an Initial Loan to the Borrower pursuant to Section 2.01(a) in an aggregate amount not to exceed the amount set forth opposite the Lender’s name in Schedule 1.01A under the caption “Initial Commitment”, as such amount may be adjusted from time to time in accordance with this Agreement (including Section 2.14). The initial aggregate amount of the Initial Commitments is $75,000,000.

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • Incremental Revolving Commitment has the meaning assigned to such term in Section 2.14(a).

  • Additional Credit Extension Amendment means an amendment to this Agreement providing for any Incremental Commitments which shall be consistent with the applicable provisions of this Agreement relating to such Incremental Commitments and otherwise reasonably satisfactory to the Administrative Agent and the Borrower.

  • Tranche C Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Extended Revolving Commitment shall have the meaning assigned to such term in Section 2.19(a).

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

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.

  • Loan Commitment means a statement transmitted in writing or electronically by a mortgage lender setting forth the terms and conditions upon which the mortgage lender is willing to make a particular residential mortgage loan to a particular borrower.

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • First Extended Maturity Date has the meaning specified in Section 2.15(a).

  • Revolving Loan Commitment means the commitment of a Revolving Lender to make Revolving Loans to Company pursuant to subsection 2.1A(ii), and “Revolving Loan Commitments” means such commitments of all Revolving Lenders in the aggregate.

  • Closing Date Term Loan Commitment means, in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(b) as such Lender’s Closing Date Term Loan Commitment. The aggregate amount of the Closing Date Term Loan Commitments as of the Closing Date is $820,000,000.

  • Commitment Expiry Date means the earliest to occur of (i) the date on which all amounts due and owing to the CP Conduit Purchasers and the Committed Purchasers under the Receivables Transfer Agreement and the other Transaction Documents have been paid in full, (ii) the date on which the Aggregate Commitment has been reduced to zero pursuant to the Receivables Transfer Agreement, (iii) The Termination Date, and (iv) December 31, 2007.

  • Incremental Commitment Agreement means each Incremental Commitment Agreement in the form of Exhibit R (appropriately completed) executed and delivered in accordance with Section 2.14.

  • Incremental Commitment shall have the meaning set forth in Section 2.23.

  • Total Revolving Loan Commitment means, at any time, the sum of the Revolving Loan Commitments of each of the Lenders at such time.

  • Commitment Schedule means the Schedule attached hereto identified as such.

  • Commitment means a Term Commitment or a Revolving Credit Commitment, as the context may require.

  • Commitment Amount means, as the context may require, the Revolving Loan Commitment Amount, the Letter of Credit Commitment Amount or the Swing Line Loan Commitment Amount.

  • Incremental Loan Commitments has the meaning assigned thereto in Section 5.13(a)(ii).