Delayed Draw Commitment Fee Rate definition

Delayed Draw Commitment Fee Rate means, with respect to the Available Delayed Draw Commitment on any day, 0.75% per annum.

Delayed Draw Commitment Fee Rate means the rate per annum as specified in clause (d) of the definition of “Applicable Rate.”

Delayed Draw Commitment Fee Rate means, with respect to the Available Delayed Draw Term Loan Commitment applicable to Lenders with a Delayed Draw Term Loan Commitment, (a) on any day from and including the Closing Date to but excluding the date of the first anniversary of the Closing Date, 1.25% per annum and (b) on any day from and including the date of the first anniversary of the Closing Date to but excluding the Delayed Draw Term Loan Commitment Termination Date, 1.50% per annum.

Examples of Delayed Draw Commitment Fee Rate in a sentence

• The Borrower shall pay to the Administrative Agent, for the pro rata benefit of the Lenders having Delayed Draw Commitments, a fee equal to the Delayed Draw Commitment Fee Rate times the average daily undrawn amount of the Delayed Draw Commitment for the applicable quarter.

• The Borrower shall pay to the Administrative Agent for the account of each Lender a fee (the “Delayed Draw Commitment Fee”) for each day at a rate per annum equal to the Delayed Draw Commitment Fee Rate for such day.

• Subject to 5.15(a)(iii)(A), the Borrower shall pay to the Administrative Agent, for the account of the Delayed Draw Lenders, a non-refundable commitment fee (the “Delayed Draw Commitment Fee”) at a rate per annum equal to the Delayed Draw Commitment Fee Rate on the daily unused portion of the Delayed Draw Commitment of the Delayed Draw Lenders (other than the Defaulting Lenders, if any).

More Definitions of Delayed Draw Commitment Fee Rate

Delayed Draw Commitment Fee Rate shall have the meaning provided in Section 4.1(f).

Delayed Draw Commitment Fee Rate. 1.25% per annum.

Delayed Draw Commitment Fee Rate means a rate payable pursuant to Section 2.12(e) with respect to the Delayed Draw Term Facility equal to 1.00% per annum, accruing beginning on the Effective Date on the average daily undrawn portion of the Delayed Draw Term Facility, payable quarterly in arrears, calculated based upon the actual number of days elapsed over a 360-day year.

Delayed Draw Commitment Fee Rate means 1.25% per annum, with such rate increasing by 0.25% at the beginning of each fiscal quarter starting at the beginning of the third fiscal quarter ending after the Effective Date up to a maximum of 1.75% per annum.

Delayed Draw Commitment Fee Rate means, with respect to the Available Delayed Draw Commitment applicable to Lenders with a Delayed Draw Tranche B Term Commitment, (a) on any day from and including the Closing Date to but excluding the six-month anniversary of the Closing Date, 50% of the Applicable Margin in effect on the Closing Date applicable to Tranche B Term Loans that are Eurodollar Loans, (b) on any day from and including the six-month anniversary of the Closing Date to but excluding the first anniversary of the Closing Date, 75% of the Applicable Margin in effect on the Closing Date applicable to Tranche B Term Loans that are Eurodollar Loans, and (c) on any day from and including the first anniversary of the Closing Date to but excluding the last day of the Delayed Draw Availability Period, 100% of the Applicable Margin in effect on the Closing Date applicable to Tranche B Term Loans that are Eurodollar Loans.

Delayed Draw Commitment Fee Rate means a per annum rate equal to 0.50%.

Delayed Draw Commitment Fee Rate means, with respect to the Available Delayed Draw Commitment on any day, 0.75% per annum . “ Delayed Draw Repayment Amount ” shall have the meaning provided in Section 2.5(b)(x) .