Examples of Commitment Fee Calculation Period in a sentence
In consideration of the Revolving U.S. Commitments of the U.S. Lenders hereunder, Airgas agrees to pay to the U.S. Agent for the account of the U.S. Lenders a fee (the "Unused Revolving U.S. Commitment Fee") on the Unused Revolving U.S. Committed Amount, computed at a per annum rate for each day during the applicable Unused Revolving U.S. Commitment Fee Calculation Period (hereinafter defined) at a rate equal to the Applicable Percentage in effect from time to time.
In consideration of the Revolving Commitments of the Lenders hereunder, the Borrower promises to pay to the Agent for the account of each Lender a fee (the "Commitment Fee") on the Unused Revolving Committed Amount computed at a per annum rate for each day during the applicable Commitment Fee Calculation Period (hereinafter defined) at a rate equal to the Applicable Percentage in effect from time to time.
In consideration of the Tranche A Revolving Commitments of the Tranche A Lenders hereunder, the Borrower agrees to pay to the Administrative Agent for the account of each Tranche A Lender a fee (the "Tranche A Commitment Fee") on such Tranche A Lender's Tranche A Revolving Commitment Percentage of the Unused Tranche A Revolving Committed Amount, computed at a per annum rate for each day during the applicable Tranche A Commitment Fee Calculation Period at a rate equal to 0.50%.
The Commitment Fee shall commence to accrue on the Closing Date and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the Closing Date (and any date that the Revolving Committed Amount is reduced as provided in Section 3.04(a) or (b) and the Revolving Loan Termination Date) (each such quarter or portion thereof being herein referred to as a "Commitment Fee Calculation Period").
In consideration of the Tranche B Revolving Commitments of the Tranche B Lenders hereunder, the Borrower agrees to pay to the Administrative Agent for the account of each Tranche B Lender a fee (the "Tranche B Commitment Fee") on such Tranche B Lender's Tranche B Revolving Commitment Percentage of the Unused Tranche B Revolving Committed Amount, computed at a per annum rate for each day during the applicable Tranche B Commitment Fee Calculation Period at a rate equal to 0.50%.