Examples of Facility Fee Rate in a sentence

The Applicable Margin and Applicable Facility Fee Rate shall be determined in accordance with the foregoing table based on the Debt Ratings from time to time.
In the event that the Material Debt Ratings assigned by the three Rating Agencies are not on the same Level identified in the grid below (a “Split Rating”), the Facility Fee Rate shall be that specified for the Level which corresponds to lowest Material Debt Rating assigned.
If the Material Debt Rating assigned by all three Rating Agencies is on the same Level identified in the grid below, the Facility Fee Rate shall be the Facility Fee Rate which corresponds to that Level in the grid below.
Each change in the Facility Fee Rate resulting from a change in the Material Debt Rating shall become effective on the date of publication by the respective Rating Agency of such change in such Material Debt Rating or, in the absence of such publication, on the effective date of such change in such Material Debt Rating.
A change in the Facility Fee Rate resulting from the occurrence of an Event of Default shall become effective on the date of the occurrence of such Event of Default.

More Definitions of Facility Fee Rate

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

Facility Fee Rate for each day during each calculation period, a rate per annum based on the Ratings in effect on such day, as set forth below: Rating Facility Fee Rate Rating I 0.050 % Rating II 0.060 % Rating III 0.080 % Rating IV 0.100 % Rating V 0.125 %

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

Facility Fee Rate as determined pursuant to the Pricing Grid.

Facility Fee Rate see Schedule I.

Facility Fee Rate means, at any time, the percentage rate per annum at which facility fees are accruing at such time as set forth in the Pricing Schedule.