RLC Fee definition

RLC Fee. See Section 2.10 hereof.
Sample 1
RLC Fee. See Section 2.11 hereof.
Sample 1
RLC Fee. See Section 5.1 hereof.
Sample 1

Examples of RLC Fee in a sentence

  • Borrower agrees to pay to Lender on the Closing Date a fee (the "RLC Fee") in an amount equal to one percent (1.0%) of the RLC Commitment.

  • On the Closing Date, the Application Fee shall be credited by Lender against Borrower's obligation to pay Lender the RLC Fee.

  • An unused RLC fee (the "Unused RLC Fee") computed at the rate of one-quarter of one percent (.25%) per annum on the unused portion of the RLC Commitment, calculated from the date hereof shall be payable monthly in arrears.

  • Lender has earned the RLC Fee payable on the Closing Date and shall have earned the RLC Fee payable on each anniversary of the Closing Date as of that date.

  • Payment of the RLC Fee in the amount of $48,000.00 plus Lender's other fees and costs.

  • In connection with the RLC, Lender has earned and Borrower shall pay to Lender on or before the Closing Date a non-refundable RLC Fee (the "RLC Fee") in the amount of $12,500.00.

  • In connection with the RLC, a non-refundable Loan fee in an amount equal to three-tenths of one percent (0.3%) of the RLC Commitment (the "RLC Fee") shall be due and payable on or before the Closing Date and on each anniversary of the Closing Date until the RLC Maturity Date (or the first Business Day thereafter if such day is not a Business Day).

  • Borrower agrees to pay Agent on the Closing Date for distribution to the Banks pursuant to Section 9A.8 hereof a fee (the "RLC Fee") in an amount equal to one eighth percent (0.125%) of the RLC Commitment.

  • Payment of the RLC Fee plus Lender's other fees and costs as provided herein (including, without limitation reasonable attorneys' fees and costs pursuant to Section 10.3 and the costs associated with the annual audit conducted pursuant to Section 7.11 herein).

  • If the Unused RLC Fee is being computed for less than a full month, the percentage used in clause (C) above shall be computed on a daily basis for the number of days for which the fee is being computed.


More Definitions of RLC Fee

RLC Fee. See Section 3.2(b).
Sample 1
RLC Fee has the meaning specified in Section 3.2(a) hereof.
Sample 1
RLC Fee. See Section 3.2(b) hereof.
Sample 1

Related to RLC Fee

  • LC Fee is defined in Section 2.19.4.

  • L/C Fee has the meaning specified in Section 2.03(i).

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

  • Commitment Fee has the meaning specified in Section 2.09(a).

  • Applicable Facility Fee 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 2 0.125% 3 0.150% 4 0.200% 5 0.250%

  • Applicable Facility Fee Rate means, at any time, the percentage rate per annum at which Facility Fees are accruing on the Aggregate Commitment at such time as set forth in the Pricing Schedule.

  • Facility Fees has the meaning provided in Section 2.11(a).

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

  • Applicable Facility Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.14(C)(i) hereof determined in accordance with the provisions of Section 2.14(D)(ii) hereof.

  • Applicable Commitment Fee Margin means, for each Pricing Period, the margin set forth below (expressed in basis points per annum) opposite the Applicable Pricing Level for that Pricing Period: Applicable Pricing Level Margin II 10.0 V 17.5

  • Letter of Credit Fee has the meaning specified in Section 2.03(h).

  • Facility Fee Percentage means, as of any date, the percentage set forth in the column headed “Facility Fee Percentage” in Section 2.3 that is in effect on such date.

  • L/C Fee Rate means the rates set forth in Schedule 1 hereto beside the then applicable Level.

  • Undrawn Fee Rate For any VFN Class, the rate set forth or described in the related Indenture Supplement, if any. United States and U.S.: The United States of America.

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

  • Fronting Fee shall have the meaning provided in Section 4.1(c).

  • Letter of Credit Fee Rate means, at any time, the percentage rate per annum applicable to Letter of Credit Fees at such time as set forth in the Pricing Schedule.

  • Applicable Utilization Fee means, as of any date that the aggregate Advances exceed 33% of the aggregate Commitments, a percentage per annum determined by reference to the Public Debt Rating in effect on such date as set forth below: -------------------------------- ----------------------------- Public Debt Rating Applicable S&P/Moody's Utilization Fee -------------------------------- ----------------------------- Level 1 BBB+ or Baa1 or above 0.125% -------------------------------- ----------------------------- Level 2 BBB or Baa2 0.250% -------------------------------- ----------------------------- Level 3 BBB- and Baa3 0.000% -------------------------------- ----------------------------- Level 4 BBB- or Baa3 0.000% -------------------------------- ----------------------------- Level 5 BB+ and Ba1 0.000% -------------------------------- ----------------------------- Level 6 Lower than Level 5 0.000% -------------------------------- -----------------------------

  • Upfront Fee has the meaning specified in Section 2.07 hereof.

  • Applicable Letter of Credit Fee Rate means, at any time, with respect to Letters of Credit, the percentage rate per annum which is applicable at such time as set forth in the Pricing Schedule.

  • Applicable Letter of Credit 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 “Letter of Credit Fee.” Applicable Margin shall mean, as applicable:

  • Ticking Fee has the meaning specified in Section 2.09(b).

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

  • 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.

  • Utilization Fee has the meaning assigned to such term in Section 2.11(b).

  • L/C Fees has the meaning set forth in Section 3.4(c).