Incremental Commitment Fee definition

Incremental Commitment Fee has the meaning specified in Section 2.16(a).
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Incremental Commitment Fee has the meaning specified in Section -------------------------- ------- 2.16(a). -------
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Incremental Commitment Fee means the fee payable with respect to any Incremental Commitment in accordance with Section 2.11, as set forth in the Fee Letter.
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Examples of Incremental Commitment Fee in a sentence

  • The Delayed Draw Incremental Commitment Fee shall accrue at all times from the Second Incremental Amendment Effective Date until the Delayed Draw Incremental Commitment Termination Date, and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the last Business Day of the first full fiscal quarter to end following the Second Incremental Amendment Effective Date, and on the Delayed Draw Incremental Commitment Termination Date.

  • On the effective date of the amendment and restatement of this Note Purchase Agreement, the Purchaser shall have received the Incremental Commitment Fee in immediately available funds and in accordance with the Purchase’s wiring instructions.

  • The Incremental Commitment Fee, if payable, shall be payable quarterly in arrears on the first day of each calendar quarter for the immediately preceding calendar quarter commencing on the first such date following the date hereof, with a final payment on the Revolving Credit Maturity Date or any earlier date on which the Commitments shall terminate.

  • During the entirety of each Pricing ------------------- Period which begins two months following the last day of a Fiscal Quarter for which Funded Debt Ratio is in excess of 4.00:1.00, Borrower shall pay additional interest, letter of credit fees and commitment fees in an amount equal to the Incremental Margin, Incremental Letter of Credit Fee and the Incremental Commitment Fee.

  • Simultaneously with each reduction of the Aggregate Applicable Revolving Loan Commitment with respect to a Revolving Loan Facility, the Borrower shall pay the Commitment Fee or the Incremental Commitment Fee, as the case may be, accrued on the amount by which the Aggregate Applicable Revolving Loan Commitment with respect to such Revolving Loan Facility has been reduced.

  • The Borrower Parties shall have paid to the Administrative Agent, on behalf of each New Lender that delivered an executed signature page to this Amendment, the Original Incremental Commitment Fee (as defined in the Fee Letter).

  • The Incremental Commitment Fee shall be calculated quarterly in arrears, and if there is any change in the Applicable Rate during any quarter, the actual daily amount shall be computed and multiplied by the Applicable Rate separately for each period during such quarter that such Applicable Rate was in effect.

  • The Purchaser shall have received the full amount of the Incremental Commitment Fee, in immediately available funds, in accordance with the Purchaser’s wiring instructions.

  • Upon the selection by the Borrower of Lenders or other financial institutions pursuant hereto, the Borrower shall promptly notify the Administrative Agent of the Lenders or other financial institutions selected and the amount of the Incremental Revolving Loan Commitments and/or Incremental Term Loan Commitments, the Incremental Upfront Fee, Incremental Commitment Fee and the Incremental Margin as agreed upon by the Borrower and such Lenders or other financial institutions.

  • The Delayed Draw Incremental Commitment Fee shall be computed on the basis of a year of 360 days and shall be payable for the actual number of days elapsed (including the first day but excluding the last day).


More Definitions of Incremental Commitment Fee

Incremental Commitment Fee means, with respect to the effective date of the amendment and restatement of this Note Purchase Agreement, an amount equal to thirty five (35) basis points (0.35%) multiplied by Two Hundred Million Dollars ($200,000,000), such payment to be made in Dollars in immediately available funds, without deduction, set-off or counterclaim.
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Incremental Commitment Fee means the fee payable with respect to anyIncremental Commitment in accordance with Section 2.11, as set forth in the Fee Letter.
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Incremental Commitment Fee means, during each Pricing Period for -------------------------- which the Funded Debt Ratio, as of the last day of the Fiscal Quarter most recently ended prior to the commencement of that Pricing Period, was in excess of 4.50:1.00, an additional commitment fee equal to 12.5 basis points per annum.
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Incremental Commitment Fee is defined in Section 2.5(c).
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Related to Incremental Commitment Fee

  • Incremental Commitment means any commitment made by a lender to provide all or any portion of any Incremental Facility or Incremental Loan.

  • Incremental Commitments has the meaning set forth in Section 2.14(a).

  • Incremental Commitment Agreement means each Incremental Commitment Agreement in substantially the form of Exhibit F (appropriately completed, and with such modifications as may be reasonably satisfactory to the Administrative Agent) executed and delivered in accordance with Section 2.14.

  • Incremental Revolving Commitment has the meaning assigned to such term in Section 2.14(a).

  • Incremental Term Loan Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain term loans to one or more Borrowers.

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • Incremental Term Commitments has the meaning set forth in Section 2.14(a).

  • Incremental Term Loan Commitments has the meaning set forth in Section 2.24.

  • Incremental Term Commitment has the meaning specified in Section 2.14(a).

  • Incremental Revolving Commitments has the meaning specified in Section 2.14(a).

  • Term Loan Commitment Amount means, (a) as to any Lender that is a Lender on the Closing Date, the dollar amount set forth opposite such Lender’s name on the Commitment Annex under the column “Term Loan Commitment Amount”, as such amount may be adjusted from time to time by any amounts assigned (with respect to such Lender’s portion of Term Loans outstanding and its commitment to make advances in respect of the Term Loan) pursuant to the terms of any and all effective assignment agreements to which such Lender is a party, and (b) as to any Lender that becomes a Lender after the Closing Date, the amount of the “Term Loan Commitment Amount(s)” of other Lender(s) assigned to such new Lender pursuant to the terms of the effective assignment agreement(s) pursuant to which such new Lender shall become a Lender, as such amount may be adjusted from time to time by any amounts assigned (with respect to such Lender’s portion of Term Loans outstanding and its commitment to make advances in respect of the Term Loan) pursuant to the terms of any and all effective assignment agreements to which such Lender is a party.

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Revolving Credit Commitment Fee shall have the meaning assigned to such term in Section 2.05(a).

  • Tranche C Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Incremental Term Loan Amount means, at any time, the excess, if any, of (a) $25,000,000 over (b) the sum of (i) the aggregate increase in the Revolving Credit Commitments established at or prior to such time pursuant to Section 2.24 and (ii) the aggregate amount of all Incremental Term Loan Commitments established prior to such time pursuant to Section 2.25.

  • Revolving Commitment Amount means, as to any Lender, the Revolving Commitment amount (if any) set forth opposite such Lender’s name on Schedule 1.1 hereto (or, in the case of any Lender that became party to this Agreement after the Closing Date pursuant to Section 16.3(c) or (d) hereof, the Revolving Commitment amount (if any) of such Lender as set forth in the applicable Commitment Transfer Supplement).

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Incremental Revolving Increase has the meaning set forth in Section 2.16(a).

  • 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.”

  • Incremental Revolving Credit Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain revolving credit loans to one or more Borrowers.

  • Term Loan Committed Amount shall have the meaning set forth in Section 2.2(a).

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.

  • L/C Commitment Amount has the meaning given to that term in Section 2.3.(a).

  • Incremental Term Facility has the meaning assigned to such term in Section 2.22(a).

  • Revolving Commitment Increase has the meaning set forth in Section 2.14(a).