Revolving Facility Fee definition

Revolving Facility Fee means a fee equal to 0.75% of the Revolving Credit Limit due and payable on August 14 of each year.

Revolving Facility Fee has the meaning specified in Section 2.09(a).

Revolving Facility Fee means (i) 52 basis points per annum ---------------------- for a Revolving Advance drawn from the Revolving Commitment initially available under this Agreement, (ii) for any extended term of the Revolving Facility, the number of basis points per annum determined by the Lender as the Revolving Facility Fee for such period, which fee shall be set by Lender not less than 30 days prior to the commencement of such period, and (iii) for any Revolving Advance drawn from any portion of the Revolving Commitment increased under Article VIII, the number of basis points per annum determined at the time of such increase by the Lender as the Revolving Facility Fee for such Revolving Advances.

Examples of Revolving Facility Fee in a sentence

• Each installment of the Revolving Facility Fee shall be in an amount equal to the product of multiplying (i) the Revolving Facility Fee, by (ii) the amount of the Revolving Advance, by (iii) 1/12.

• The Revolving Facility Fee shall be payable in advance, in accordance with the terms of the Revolving Facility Note.

• The Revolving Facility Fee shall be calculated quarterly in arrears and shall be payable quarterly in arrears on the last Business Day of each calendar quarter.

• During the period from the Effective Date to but excluding the Revolving Termination Date, the Borrower agrees to pay to the Administrative Agent for the account of the Revolving Lenders a facility fee equal to the daily aggregate amount of the Revolving Commitments (whether or not utilized) times a rate per annum equal to the Applicable Revolving Facility Fee.

• In addition to paying the Discount and the partial month interest, if any, the Borrower shall pay monthly installments of the Revolving Facility Fee to the Lender on account of each Revolving Advance over the whole number of calendar months the MBS backed by the Revolving Advance is to run from the MBS Issue Date to the maturity date of the MBS.

More Definitions of Revolving Facility Fee

Revolving Facility Fee means (i) 55 basis points per annum (0.55%) for a Revolving Advance drawn from the Revolving Facility Commitment initially available (whether drawn or undrawn) under this Agreement during the period ending on the date 12 months after the Initial Closing Date, (ii) for any extended term of the Revolving Facility, the number of basis points per annum determined by the Lender as the Revolving Facility Fee for such period, which fee shall be set by Lender not less than 30 days prior to the commencement of such period, and (iii) for any Revolving Advance drawn from any portion of the Revolving Facility Commitment increased under Article VIII after the date 12 months after the Initial Closing Date, the number of basis points per annum determined at the time of such increase by the Lender as the Revolving Facility Fee for such Revolving Advances.

Revolving Facility Fee means (i) 60 basis points per annum for a ---------------------- Revolving Advance drawn from the Revolving Facility Commitment available (whether drawn or undrawn) under this Agreement during the period ending on the date 12 months after the Initial Closing Date, (ii) for any extended term of the Revolving Facility, the number of basis points per annum determined by the Lender as the Revolving Facility Fee for such period, which fee shall be set by Lender not less than 30 days prior to the commencement of such period, and (iii) for any Revolving Advance drawn from any portion of the Revolving Facility Commitment increased under Article VIII after the date 12 months after the Initial Closing Date, the number of basis points per annum determined at the time of such increase by the Lender as the Revolving Facility Fee for such Revolving Advances.

Revolving Facility Fee has the meaning specified in Section 2.19(a) and calculated in accordance with Schedule C;

Revolving Facility Fee means a payment of a fully earned and non-refundable annual fee equal to one half of one percent (0.50%) of the Credit Limit, due upon the date of this Agreement and each anniversary thereof so long as any Advance is outstanding or available hereunder.

Revolving Facility Fee means a payment of an annual fee equal to Twelve Thousand Dollars ($12,000) due upon the Closing Date and each anniversary thereof so long as any Advance is outstanding or available hereunder.

Revolving Facility Fee shall have the meaning set forth in Section 3.3(a) hereof.

Revolving Facility Fee means a payment of an annual fee due upon each anniversary of the Closing Date so long as any Advance is outstanding or available hereunder in the following amounts: (a) Fourteen Thousand Two Hundred Fifty Dollars ($14,250) on August 11, 2018, and (b) Seventeen Thousand Eight Hundred Thirteen Dollars ($17,813) on August 11, 2019 and each anniversary of the Closing Date thereafter.