Commitment Fee Factor definition

Commitment Fee Factor means 37.5 basis points per annum.
Sample 1
Commitment Fee Factor shall have the meaning set forth in Section 2.10(a) hereof.
Sample 1
Commitment Fee Factor means the Commitment Fee Factor, set forth as basis points, determined from time to time as provided in Section 4.6 hereof.
Sample 1

Examples of Commitment Fee Factor in a sentence

  • Subject to any corrections to such Compliance Certificate required by the Administrative Agent based on an audit thereof, the LIBOR Margin, Base Rate Margin, and the Commitment Fee Factor shall be set effective as of the date of the Administrative Agent’s receipt of such Compliance Certificate.

  • The 364-Day Commitment Fee for each quarter for each Syndication Party shall be determined by multiplying the amount of such Syndication Party’s Individual 364-Day Lending Capacity for each day during such quarter rter by the Daily 364-Day Commitment Fee Factor in effect on such day.

  • The Company shall pay to ING an unused commitment fee (the "Unused Commitment Fee") payable in arrears by the fifteenth day of the month following the last day of each calendar quarter of the Company in an amount equal to the product of (i) the Unused Commitment Fee Factor in effect on such date and (ii) the difference between the then current Series B Commitment Amount less the then average daily outstanding Series B Revolving Loans during such quarter.

  • Day Commitment Fee Factor: shall have the meaning set forth in Subsection 5.4.1.

  • The LIBOR Margin, the Base Rate Margin, and the Commitment Fee Factor shall be determined pursuant to the table below (expressed in basis points) based on the ratio of the Consolidated Entities’ Total Funded Debt to EBITDA (“Debt/EBITDA Ratio”) as of the immediately preceding Fiscal Quarter end.

  • The “Daily 364-Day Commitment Fee Factor” 48; shall be determined by dividing the 364-Day Commitment Fee Factor in effect for any day by 360.

  • In the event the Administrative Agent does not receive such Compliance Certificate on or before the deadline therefor pursuant to Subsection 9.2.2, the LIBOR Margin, Base Rate Margin, and the Commitment Fee Factor shall be set effective as of such deadline at Pricing Tier I until five (5) Banking Days after such Compliance Certificate is received.

  • The Administrative Agent shall send notice of any change in the Margin or Commitment Fee Factor to the Obligors and the Syndication Parties; provided that failure to give such notice shall not affect the validity of such change.

  • The initial LIBOR Margin, Base Rate Margin, and Commitment Fee Factor shall be determined on the basis of the Closing Compliance Certificate which shall be delivered by Borrower at least three (3) Banking Days prior to the initial 3-Year Advance, and any failure to deliver such required Closing Compliance Certificate by Borrower shall result in the application of Pricing Tier I below.

  • Borrower shall have provided the Administrative Agent with (a) the written consent of the Chase Group Agent, acting on behalf of the holders of the Coffeyville Synthetic Lease Obligations: to the revised LIBOR Margin, Base Rate Margin and 364-Day Commitment Fee Factor as set forth herein; and (b) the Proceeds Sharing Agreement fully executed by the Chase Group Agent, acting on behalf of the holders of the Coffeyville Synthetic Lease Obligations.


More Definitions of Commitment Fee Factor

Commitment Fee Factor shall have the meaning given such term in Section 2.12 of this Agreement.
Sample 1
Commitment Fee Factor means 25 basis points per annum.
Sample 1
Commitment Fee Factor the rate determined in accordance with the table below and Section 5.6 hereof, based on the most recent Officer's Certificate provided pursuant to Subsection 10.1.10 or Compliance Certificate provided pursuant to Subsection 11.2.1 or 11.2.2, which is based on the most recent financial statements of the Guarantor: Ratio of Consolidated Funded Debt to Consolidated Cash Flow Commitment Fee Factor ≤ 1.00 0.125% > 1.00 ≤ 2.00 0.175% > 2.00 0.225%
Sample 1
Commitment Fee Factor means 20 basis points.
Sample 1

Related to Commitment Fee Factor

  • Commitment Fee Percentage means, with respect to the Revolving Loan Commitments at any time, the per annum percentage which is used to calculate Commitment Fees for such Revolving Loan Commitments determined pursuant to the Pricing Grid.

  • 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.

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

  • Applicable Facility Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.14(C)(i) hereof determined in accordance with the provisions of Section 2.14(D)(ii) hereof.

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

  • Applicable Commitment Fee Rate means:

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

  • Applicable Commitment Fee Margin means, for each Pricing Period, the margin set forth below (expressed in basis points per annum) opposite the Applicable Pricing Level for that Pricing Period: Applicable Pricing Level Margin II 10.0 V 17.5

  • 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.

  • Facility Fee Percentage means, as of any date, the percentage set forth in the column headed “Facility Fee Percentage” in Section 2.3 that is in effect on such date.

  • 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.

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

  • Commitment Fees has the meaning set forth in Section 2.11(a).

  • 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 February 28, 2015, 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": Level Average Revolver Usage Applicable Unused Line Fee Percentage I > 50% of the Maximum Revolver Amount 0.25 percentage points II < 50% of the Maximum Revolver Amount 0.375 percentage points The Applicable Unused Line Fee Percentage shall be re-determined on the first date of each fiscal month of Borrowers by Agent.

  • Applicable L/C Fee Percentage means, as at any date of determination, a rate per annum equal to the Applicable Eurodollar Margin for Revolving Loans in effect on such date.

  • Unused Commitment Fee has the meaning specified in Section 2.12(a) (Fees).

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

  • Applicable Commitment Fee Rate shall mean 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 Facility Fee means the percentage set forth in the table below corresponding to the Level at which the “Applicable Margin” is determined in accordance with the definition thereof: Level Facility Fee 2 0.125% 3 0.150% 4 0.200% 5 0.250%

  • Unused Fee Rate means 0.50% per annum.

  • 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.

  • 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).

  • 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.

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

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

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