Undrawn Fee a fee payable pursuant to Section 3.2 for each day of the related Collection Period equal to the product of (x) the aggregate Commitments on such day minus the aggregate principal amount of outstanding Advances on such day times (y) the Undrawn Fee Rate times (z) 1/360.
Undrawn Fee has the meaning assigned to that term in Section 2.09.
Undrawn Fee is defined in Section 2.4(a).
Examples of Undrawn Fee in a sentence
Notwithstanding anything to the contrary in the applicable Fee Letter, no Defaulting Purchaser shall be entitled to receive any Undrawn Fee accrued for any period during which that Purchaser is a Defaulting Purchaser (and the Seller shall not be required to pay any such Undrawn Fee that otherwise would have been required to have been paid to that Defaulting Purchaser).
More Definitions of Undrawn Fee
Undrawn Fee has the meaning set forth in the Fee Letters.
Undrawn Fee has the meaning set forth in Section 3.02(b).
Undrawn Fee has the meaning specified in Section 2.06(b).
Undrawn Fee is defined in Section 3.10.
Undrawn Fee a fee payable during the Revolving Period pursuant to Section 3.1 for each day of the related Collection Period equal to the product of (x) the difference between the aggregate Commitments on such day minus the aggregate principal amount of outstanding Advances on such day times (y) the Undrawn Fee Rate times (z) 1/360; provided that, notwithstanding the foregoing, the Undrawn Fee relating to any Utilization Shortfall shall not be payable to the extent that the Utilization Fee relating to such Utilization Shortfall is paid to the Lenders in accordance with this Agreement.
Undrawn Fee as defined in Section 3.7(e)(ii).
Undrawn Fee has the meaning assigned thereto in Section 5.3.