Duration Fees definition

Duration Fees has the meaning specified in Section 2.04(b).
Duration Fees has the meaning assigned to such term in Section 2.5(b).
Duration Fees has the meaning assigned thereto in Section 4.3(a).

Examples of Duration Fees in a sentence

  • All fees payable hereunder shall be paid on the dates due, in U.S. Dollars, in immediately available funds, to the Administrative Agent for distribution, in the case of Commitment Fees and Duration Fees, to the Lenders.

  • Each candidate selected for admission will have to pay the following Course Duration Fees and dues: (All Fees and dues payable at the time of admission) Note: 1.

  • That Defaulting Lender shall be entitled to receive any Duration Fees for any period during which that Lender is a Defaulting Lender only to the extent of the Advances funded by it.

  • The Duration Fees shall be distributed by the Administrative Agent to the Lenders pro rata in accordance with the Lenders’ respective Term Loan Percentages.

  • The amount of the Duration Fees shall be subject to Section 4.15(a)(iii), and shall be payable on the six-month anniversary of the Closing Date and the twelve-month anniversary of the Closing Date, as applicable.


More Definitions of Duration Fees

Duration Fees. The Borrower shall pay, or cause to be paid, duration fees (the “Duration Fees”) for the account of each Lender in amounts equal to the percentage as determined in accordance with the grid below, of the principal amount of the Loan of such Lender outstanding at the close of business, New York City time, on each date set forth in the grid below, payable on each such date: Default Rate: At any time upon the occurrence and during the continuation of any payment default, all overdue amounts under the Facility shall bear interest at a rate per annum equal to (i) in the case of principal of any Loan, 2.00% above the rate otherwise applicable thereto or (ii) in the case of any other amount, 2.00% above the rate applicable to ABR Loans, with such interest being payable on demand. Rate and Fee Basis: All per annum rates shall be calculated on the basis of a year of 360 days (or 365/366 days, in the case of ABR Loans the interest rate payable on which is then based on the Prime Rate) for actual days elapsed. Borrower’s Senior Debt Rating (S&P/Xxxxx’x) Applicable Margin Rating Level 1: ³ A / A2 0.0 bps 100.0 bps 25.0 bps 125.0 bps 50.0 bps 150.0 bps 75.0 bps 175.0 bps Rating Level 2: A- / A3 25.0 bps 125.0 bps 50.0 bps 150.0 bps 75.0 bps 175.0 bps 100.0 bps 200.0 bps Rating Level 3: BBB+ / Baa1 37.5 bps 137.5 bps 62.5 bps 162.5 bps 87.5 bps 187.5 bps 112.5 bps 212.5 bps Rating Level 4: BBB / Baa2 50.0 bps 150.0 bps 75.0 bps 175.0 bps 100.0 bps 200.0 bps 125.0 bps 225.0 bps Rating Level 5: £ BBB- / Baa3 87.5 bps 187.5 bps 112.5 bps 212.5 bps 137.5 bps 237.5 bps 162.5 bps 262.5 bps
Duration Fees. The Borrower shall pay duration fees on the aggregate principal amount of the outstanding Loans in such amounts and on such dates as are set forth on Annex I-B.
Duration Fees as defined in Section 3.11(b).
Duration Fees means the fees set forth in Section 2.4.2.
Duration Fees. The Borrower shall pay each Lender duration fees (the “Duration Fees”) for the account of each Lender in amounts equal to the percentage as determined in accordance with the grid below, of the principal amount of the Loan of such Lender outstanding at the close of business, New York City time, on each date set forth in the grid below, payable on each such date: 90 days after Closing Date 180 days after Closing Date 270 days after Closing Date 50 basis points 75 basis points 100 basis points 100 bps 200 bps 125 bps 225 bps 150 bps 250 bps 175 bps 275 bps The availability and initial funding on the Closing Date of the Bridge Facility shall be subject solely to the satisfaction or waiver (by all Commitment Parties) of the following conditions (subject to the Funding Conditions Provisions):
Duration Fees. The Borrower shall pay non-refundable duration fees based on the following percentages of the aggregate principal amount of Loans outstanding on the dates below, each such duration fee to be payable on such applicable date: 90 days after the Closing Date: 0.50% 180 days after the Closing Date: 0.75% 270 days after the Closing Date: 1.00%
Duration Fees. Duration Fees in amounts equal to the percentage, as determined in accordance with the grid below, of the principal amount of the Bridge Loan of each Lender outstanding at the close of business, New York City time, on each date set forth in the grid below, payable to the Lenders on each such date: 90 days after the Closing Date 180 days after the Closing Date 270 days after the Closing Date