Examples of Level V Period in a sentence
The Borrower shall pay to the Agent for the account of the Banks, ratably in proportion to their Commitments, a facility fee at the rate of (i) 0.100% per annum during each Level I Period, (ii) 0.110% per annum during each Level II Period, (iii) 0.150% per annum during each Level III Period, (iv) 0.175% per annum during each Level IV Period, (v) 0.250% per annum during each Level V Period, (vi) 0.375% during each Level VI Period and (vii) 0.500% during each Level VII Period.
The Borrower shall pay to the Agent for the account of the Banks, ratably in proportion to their Commitments, a facility fee at the rate of (i) 0.080% per annum during each Level I Period, (ii) 0.090% per annum during each Level II Period, (iii) 0.125% per annum during each Levex 00 00 XXX Xxxxxx, (xx) 0.050% per annum during each Level IV Period, (v) 0.200% per annum during each Level V Period, (vi) 0.300% during each Level VI Period and (vii) 0.500% during each Level VII Period.
The facility fee payable under Section 2.04(a) of the Canadian Credit Agreement during any Level V Period shall be 0.500%.
For purposes of this Agreement, subsection ------------ 2.3(a) of the Composite Conformed Credit Agreement as adopted and incorporated by reference into this Agreement is hereby amended by deleting the table contained therein and substituting in lieu thereof the following: "Type of Period Facility Fee -------------- ------------ Level I Period .0600% Level II Period .0750% Level III Period .0900% Level IV Period .1250% Level V Period .1875% Level VI Period .2500%.".
The Applicable Margin for any Level V Period with respect to Loans other than US Base Rate Loans and Cdn Prime Rate Loans shall be 1.750%.