Commitment Fee Date definition

Commitment Fee Date subject always to clause 8.3, means, in relation to a Facility, each of (a) the first Quarter Date after the date of this Agreement, (b) each Quarter Date thereafter during the Availability Period relating to that Facility, and (c) the last day of the Availability Period relating to that Facility;
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Examples of Commitment Fee Date in a sentence

  • Confirmation from the Agents that (a) all fees due to the Arranger or the Agents and payable on or during the period up to the Drawdown Date for the relevant Subsequent Advance, and (b) any Commitment Fee due and payable for the period up to the Commitment Fee Date which immediately precedes that Drawdown Date have been paid in full or, as the case may be, arrangements satisfactory to the Agents for the payment of such fees have been put in place.

  • On the relevant Completion Date, confirmation from the Agents that (a) all fees due to the Arranger or the Agents payable on or during the period up to the relevant Completion Date for the relevant Final Advance and (b) any Commitment Fee due and payable for the period up to the Commitment Fee Date which immediately precedes that date have been paid in full or, as the case may be, that arrangements satisfactory to the Agents for the payment of such fees have been put in place.

  • In the event that the Closing has not occurred on or before January 31, 2021 (the “Commitment Fee Date”), the Company shall pay to the Investor, on February 1, 2021, a commitment fee in an amount set forth in Schedule I by wire transfer of immediately available United States funds to a bank account that has been designated by the Investor on or prior to the Commitment Fee Date.

  • On the Completion Date, confirmation from the Agents that (a) all fees due to the Arranger or the Agents payable on or during the period up to the Completion Date for the Final Advance and (b) any Commitment Fee due and payable for the period up to the Commitment Fee Date which immediately precedes that date have been paid in full or, as the case may be, that arrangements satisfactory to the Agents for the payment of such fees have been put in place.

  • The Company hereby agrees to pay to the Investor no less than 12.5% of the proceeds to the Company with respect to any and all VWAP Purchases between the Commencement Date and the Commitment Fee Date (up to the full amount of the Commitment Fee), and the payment of such amounts to the Investor shall reduce, on a dollar-for-dollar basis the Commitment Fee payable on the Commitment Fee Date.

  • If the Obligor’s Agent cancels the Facilities in full prior to the First Commitment Fee Date no commitment fees will be payable under this Agreement.

  • Such commitment fee shall be fully earned on the Commitment Fee Date and shall in no circumstances be refundable in whole or in part.

  • The Term Loan Commitment Fee shall accrue, at all times from the Term Loan Commitment Fee Date to and including the last day of the Term Loan Availability Period, and shall be due and payable in arrears on each Quarterly Date, commencing with the first such date to occur after the Term Loan Commitment Fee Date and ending, on the last day of the Term Loan Availability Period.