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
On each Payment Date, the Borrower shall pay pursuant to Section 9.01(a)(i)(C), the Undrawn Fee as set forth in the Lender Fee Letter.
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.