Examples of Loan Commitment Fee in a sentence
The Tranche B Initial Term Loan Commitment Fee shall be due and payable on the last day of each March, June, September and December during the Tranche B Initial Term Loan Ticking Fee Period and on the last day of the Tranche B Initial Term Loan Ticking Fee Period.
The total Unused Delayed Draw Term Loan Commitment Fee paid by the Borrower will be equal to the sum of all of the Unused Delayed Draw Term Loan Commitment Fees due to the Lenders.
The Delayed Draw Term A Loan Commitment Fee shall be computed on the basis of the actual number of days elapsed in a year of 360 days.
The Revolving Loan Commitment Fee shall be calculated on the basis of the actual number of days elapsed in a 360-day year.
Loan Commitment Fee – remuneration for reserving the Loan (part thereof), calculated on the amount being the difference between the amount of the Loan specified in the Agreement and the amount of the Loan (part thereof) actually issued to the Client, for each calendar day from the effective date of the Agreement and until issue of the Loan, or final part thereof, applying the annual interest rate specified in the Agreement and assuming a 360-day year.