Commitment Fee Rate has the meaning set forth in the definition of “Applicable Margin”.
Commitment Fee Rate. 0.50% per annum.
Commitment Fee Rate. 1/2 of 1% per annum; provided, that on and after the first Adjustment Date occurring after the completion of two full fiscal quarters of the Borrower after the Closing Date, the Commitment Fee Rate will be determined pursuant to the Pricing Grid.
Examples of Commitment Fee Rate in a sentence
The commitment fee for any period will be equal to the Commitment Fee Rate in effect from time to time during such period, times an amount equal to the Commitments minus the aggregate principal amount of Loans and Letters of Credit outstanding during such period.
More Definitions of Commitment Fee Rate
Commitment Fee Rate has the meaning specified in Section 2.04(a).
Commitment Fee Rate means 0.375% per annum.
Commitment Fee Rate means a percentage per annum equal to the Applicable Rate set forth in the “Commitment Fee Rate” column of the chart in the definition of “Applicable Rate.”
Commitment Fee Rate means, with respect to the 2020 Available Commitment on any day, the rate per annum set forth below opposite the Status in effect on such day: Level I Status 0.50 % Level II Status 0.375 % Notwithstanding the foregoing, the term “Commitment Fee Rate” shall mean 0.50% during the period from and including the 2015 May Effective Date to but excluding the Trigger Date.
Commitment Fee Rate. 1/2 of 1% per annum.
Commitment Fee Rate means the per annum commitment fee rate set forth on the Pricing Grid applicable from time to time. The Commitment Fee Rate shall change when and as the relevant Utilization Level changes.