Revolving Facility Fee Rate definition

Revolving Facility Fee Rate means the percentage set forth in the table below corresponding to the Level at which the “Applicable Margin” is determined in accordance with the definition thereof:
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Revolving Facility Fee Rate means the percentage set forth in the table below corresponding to the Level at which the “Applicable Margin” is determined in accordance with the definition thereof: Level Facility Fee 1 0.125% 2 0.150% 3 0.200% 4 0.250%
Sample 1Sample 2
Revolving Facility Fee Rate means the percentage set forth in the table below corresponding to the Level at which the “Applicable Margin” is determined in accordance with the definition thereof: Level Facility Fee 1 0.125 % 2 0.150 % 3 0.200 % 4 0.250 % 5 0.300 % Any change in the applicable Level at which the Applicable Margin is determined shall be effective as of the first day of the first calendar month immediately following receipt by the Administrative Agent of written notice delivered by the Borrower in accordance with Section 8.4(o) that the Parent’s Credit Rating has changed.
Sample 1

Examples of Revolving Facility Fee Rate in a sentence

  • Each change in the Applicable Margin and the Revolving Facility Fee Rate resulting from a Sustainability Certificate shall be effective during the period commencing on and including the applicable Sustainability Pricing Adjustment Date and ending on the date immediately preceding the next such Sustainability Pricing Adjustment Date.


More Definitions of Revolving Facility Fee Rate

Revolving Facility Fee Rate means the percentage set forth in the table below corresponding to the Level at which the “Applicable Margin” is determined in accordance with the definition thereof: Level Facility Fee 1 0.125% 2 0.150% 3 0.200% 4 0.250% 5 0.300% Any change in the applicable Level at which the Applicable Margin is determined shall be effective as of the first day of the first calendar month immediately following receipt by the Administrative Agent of written notice delivered by the Borrower in accordance with Section 8.4(o) that the Parent’s Credit Rating has changed. It is hereby understood and agreed that the Revolving Facility Fee Rate shall be adjusted from time to time on an annual basis based upon the Sustainability Fee Adjustment (to be calculated and applied as set forth in Section 1.6); provided that in no event shall the Revolving Facility Fee Rate be less than 0.0%. Notwithstanding anything to the contrary herein, until the delivery of (or failure to deliver) the Sustainability Certificate in respect of the Reference Year ending December 31, 2024 pursuant to Section 1.6(e), the Sustainability Fee Adjustment shall be 0.0% and there shall be no Sustainability Fee Adjustment to the Revolving Facility Fee Rate.
Sample 1

Related to Revolving Facility Fee Rate

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

  • Applicable Facility Fee Rate means, at any time, the percentage rate per annum at which Facility Fees are accruing on the Aggregate Commitment (without regard to usage) at such time as set forth in the Pricing Schedule.

  • Commitment Fee Rate has the meaning set forth in the definition of “Applicable Margin”.

  • Applicable Letter of Credit Fee Rate means 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 “Letter of Credit Fee.”

  • Commitment Fee Percentage means, with respect to the Revolving Loan Commitments at any time, the per annum percentage which is used to calculate Commitment Fees for such Revolving Loan Commitments determined pursuant to the Pricing Grid.

  • Applicable Unused Line Fee Margin means the per annum fee, from time to time in effect, payable in respect of Borrowers’ non-use of committed funds pursuant to Section 1.9(b), which fee is determined by reference to Section 1.5(a).

  • Revolving Facility the Revolving Commitments and the extensions of credit made thereunder.

  • Applicable Margin means:

  • Applicable Unused Line Fee Percentage means, as of any date of determination, the applicable percentage set forth in the following table that corresponds to the Average Revolver Usage of Borrowers for the most recently completed month as determined by Agent in its Permitted Discretion; provided, that for the period from the Closing Date through and including May 31, 2021, the Applicable Unused Line Fee Percentage shall be set at the rate in the row styled "Level II"; provided further, that any time an Event of Default has occurred and is continuing, the Applicable Unused Line Fee Percentage shall be set at the margin in the row styled "Level II": Level Average Revolver Usage Applicable Unused Line Fee Percentage I > 50% of the Maximum Revolver Amount 0.375 percentage points II ≤ 50% of the Maximum Revolver Amount 0.50 percentage points The Applicable Unused Line Fee Percentage shall be re-determined on the first date of each month by Agent.