Supplemental Facility Fee definition

Supplemental Facility Fee means an amount equal to the product of (x) 0.50%, (y) the increase in the Facility Amount described and established under the proviso to the definition of Facility Amount and (z) a fraction, expressed as a percentage, the numerator of which equals the number of calendar days from the Business Day on which such increase in the Facility Amount is effective to November 6, 2021 and the denominator of which equals 1,095.
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Supplemental Facility Fee means the supplemental facility fee payable to the Initial Lender on an Interest Payment Date in an amount equal to the product of (x) the applicable Guarantee Rate set forth on Annex C for such Interest Payment Date and (y) the outstanding amount of Tranche B-4 held by the Initial Lender on such date (computed on the basis of a year of 360 days and actual number of days elapsed) as determined by the Agent as of the date of payment of such fee and after giving effect to any payment of principal of the Loan made on such date.
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Supplemental Facility Fee. As defined in Section 2.8(b).
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Examples of Supplemental Facility Fee in a sentence

  • The total amount of the Facility Fee is to be as specified in the Supplemental Facility Fee Letter and an invoice to be issued by the Lender to the Borrower not later than two Business Days before the Closing Date.

  • The total amount of the Facility Fee is to be as specified in the Supplemental Facility Fee Letter and an invoice to be issued by the Lender to the Borrower not later than one Business Day before the Closing Date.

  • The total amount of the Increased Amount Facility Fee shall be as specified in the Increased Amount Supplemental Facility Fee Letter and an invoice to be issued by the Lender to the Borrower not later than 9:00 am (Moscow time) one Business Day prior to the Increased Amount Closing Date.

  • Accordingly, from and after March 1, 2011, Seller shall not be required to pay the Supplemental Facility Fee set forth in the Amended and Restated Agency Fee Letter dated as of March 5, 2009, by and between Seller and U.S. Bank (the “Fee Letter”).

  • Pursuant to that certain Third Amendment to Amended and Restated Credit Agreement dated as of June 29, 2001, the Borrower agreed, in consideration of the extension of the Facility Termination Date as provided for therein, to pay to the Administrative Agent for the pro-rata benefit of the Lenders, a supplemental facility fee in the amount of $250,000 on June 15, 2002 (the "Supplemental Facility Fee").

  • Each of the Loan Facility Fee, the Supplemental Facility Fee and the Commitment Fee shall be earned in full, non-refundable and constitute part of the Obligations.

  • The definition of “Facility Fee” in Section 1.5 shall hereinafter be deemed to include the Supplemental Facility Fee.

  • The parties hereto acknowledge and agree that effective as of the Effective Date the Supplemental Facility Fee shall now be due and payable on September 1, 2003; provided, however, that if the Borrower shall have repaid the Obligations in full and the Lenders' Commitments shall have terminated or expired on or before such date, the obligation of the Borrower to pay the Supplemental Facility Fee shall automatically be deemed cancelled by the Lenders.

  • Seller and Buyer desire to modify the definitions of Facility Amount and Supplemental Facility Fee as set forth herein.

  • Seller shall pay to Buyer the Supplemental Facility Fee on each Business Day on which the Facility Amount is increased as described and established in the proviso to the definition of Facility Amount, which Supplemental Facility Fee shall be non-refundable and shall be deemed fully earned by Buyer and due and payable to Buyer on each such Business Day.


More Definitions of Supplemental Facility Fee

Supplemental Facility Fee shall have the meaning given to such term in Section 7.1.
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Supplemental Facility Fee means one percent (1%) of the Supplemental Loan Amount that is due to Lender at the Supplemental Closing Date. Lender shall reduce the amount of the first Advance requested by Borrower by the amount of the Facility Fee.
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Supplemental Facility Fee means the supplemental facility fee payable to the Initial Lender on each of the dates specified in Annex C hereto in an amount equal to the product of (x) the rate equal to the applicable Guarantee Rate for such date and (y) the average outstanding portion of the Supplemental Facility Percentage of the amount of the Loan scheduled to be outstanding for the then succeeding twelve month period as determined by the Agent as of the date of payment of such fee and after giving effect to any payment of principal of the Loan made on such date or any prior prepayment of the Loan (and commencing with the anniversary date beginning the twelve-month period in which amortization of the principal of the Loan is first scheduled to begin, computed on the basis of a year of 360 days and actual number of days elapsed).
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Related to Supplemental Facility Fee

  • Incremental Facility Amendment has the meaning specified in Section 2.14(d).

  • Incremental Facility has the meaning specified in Section 2.16(a).

  • Incremental Facility Agreement means an Incremental Facility Agreement, in form and substance reasonably satisfactory to the Administrative Agent, among the Borrower, the Administrative Agent and one or more Incremental Lenders, establishing Incremental Term Loan Commitments of any Series or Incremental Revolving Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.20.

  • Incremental Facilities has the meaning assigned to such term in Section 2.22(a).

  • Incremental Term Loan Maturity Date means the final maturity date of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • New Term Loan Maturity Date means the date on which a New Term Loan matures.

  • Maximum Incremental Facilities Amount means, at any date of determination, (a) the sum of (i) $500,000,000, plus (ii) an amount such that the Borrower is in Pro Forma Compliance with the Senior Secured Leverage Test (for the avoidance of doubt without netting any cash from the proceeds of any Indebtedness being incurred in reliance on such test and, if applicable, assuming the full amount of any New Revolving Credit Commitments are drawn), plus (iii) amounts used to incur Indebtedness the Net Cash Proceeds of which are substantially concurrently used to refinance or replace Revolving Credit Commitments and/or Term Loans (including any fees, accrued interest or other amounts owing in respect thereof), plus (iv) from and after the 2012 Extension Effective Date, the aggregate principal amount of 2014 Term Loans outstanding as of such date of determination, provided that such additional amounts pursuant to this clause (iv) are only available to the extent such amounts are used to incur Indebtedness the Net Cash Proceeds of which are substantially concurrently used to prepay 2014 Term Loans in accordance with Section 5.1 of this Agreement (such prepaid 2014 Term Loans, “Incremental Facility Prepaid 2014 Term Loans”) plus (v) the Dollar Equivalent principal amount of Term Loans (other than New Term Loans, Incremental Facility Prepaid 2014 Term Loans or Term Loans refinanced or replaced pursuant to clause (iii) above) voluntarily prepaid pursuant to Section 5.1 prior to such date, plus (vi) the amount of all Revolving Credit Commitments that have either been permanently reduced pursuant to Section 4.2 or have otherwise terminated in accordance with the terms of this Agreement after the 2012 Extension Effective Date (without duplication of the amounts incurred pursuant to clause (iii) above) minus (b) the sum of (i) the aggregate principal amount of New Loan Commitments incurred pursuant to Section 2.14(a) prior to such date and (ii) the aggregate principal amount of Permitted Other Indebtedness issued or incurred pursuant to Section 10.1(bb)(i)(a) prior to such date.

  • Incremental Facility Closing Date has the meaning set forth in Section 2.14(d).

  • Tranche B Term Loan Maturity Date means October 20, 2016.

  • Revolving Facility Maturity Date means, as the context may require, (a) with respect to the Revolving Facility in effect on the Closing Date, the fifth anniversary of the Closing Date and (b) with respect to any other Classes of Revolving Facility Commitments, the maturity dates specified therefor in the applicable Extension Amendment or Refinancing Amendment.

  • Term B Facility means the Term B Loan Commitments and the Term B Loans made hereunder.

  • Initial Term Loan Maturity Date means September 24, 2014 or, if such date is not a Business Day, the first Business Day thereafter.

  • Incremental Term Loan Facility has the meaning set forth in Section 2.16(a).

  • Incremental Revolving Facility has the meaning assigned to such term in Section 2.22(a).

  • Tranche A Term Loan Maturity Date means October 20, 2015.

  • Term Facility Maturity Date means, as the context may require, (a) with respect to the Term B Facility in effect on the Closing Date, the Term B Facility Maturity Date and (b) with respect to any other Class of Term Loans, the maturity dates specified therefor in the applicable Incremental Assumption Agreement.

  • Incremental Term Facility has the meaning assigned to such term in Section 2.22(a).

  • Term Loan Maturity Date means the Initial Maturity Date, or, if such date has been extended pursuant to Section 2.15, such later date to which the Term Loan Maturity Date has been extended pursuant to Section 2.15.

  • Additional Refinancing Lender has the meaning set forth in Section 2.15(a).

  • Refinancing Amendment means an amendment to this Agreement in form and substance reasonably satisfactory to the Administrative Agent and the Borrower executed by each of (a) the Borrower and Holdings, (b) the Administrative Agent and (c) each Additional Lender and Lender that agrees to provide any portion of the Credit Agreement Refinancing Indebtedness being incurred pursuant thereto, in accordance with Section 2.21.

  • Revolving Loan Maturity Date means the earliest to occur of (i) the Maturity Date and (ii) the date on which the Revolving Loans become due and payable in accordance with Section 10.02.

  • Initial Revolving Credit Maturity Date means the date that is five years after the Closing Date.

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.

  • Maturity Date Extension Request means a request by the Borrower, in the form of Exhibit G hereto or such other form as shall be approved by the Administrative Agent, for the extension of the Maturity Date pursuant to Section 2.20.

  • Incremental Term Maturity Date means, with respect to Incremental Term Loans of any Series, the scheduled date on which such Incremental Term Loans shall become due and payable in full hereunder, as specified in the applicable Incremental Facility Agreement.

  • Incremental Revolving Increase has the meaning set forth in Section 2.16(a).