Undrawn Fee Percentage definition

Undrawn Fee Percentage has the meaning specified in the Fee and Ratio Letter.
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Undrawn Fee Percentage has the meaning specified in the Fee and Ratio Letter. “United States” and “U.S.” mean the United States of America. “Upfront Fee” has the meaning specified in Section 2.06(a). “Upfront Fee Percentage” has the meaning specified in the Fee and Ratio Letter. “Value” means, on any date of determination, with respect to any Shares or Cash Equivalents, the net proceeds that a Lender would receive upon sale of such asset, as determined in good faith by Calculation Agent. Section 1.02
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Examples of Undrawn Fee Percentage in a sentence

  • Borrower shall pay each Lender an undrawn fee (the “Undrawn Fee”), which shall accrue on a daily basis on such Lender’s outstanding Commitment from the Closing Date through the last date of the Availability Period at a rate equal to the Undrawn Fee Percentage (regardless of whether the conditions set forth in Article 4 are met on any such day), calculated on the basis of the actual days elapsed and a year of 360 days, and shall be payable quarterly in arrears on each Interest Payment Date in Cash.

Related to Undrawn Fee Percentage

  • 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 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 fiscal quarter as determined by Administrative Agent in its Permitted Discretion; provided, that for the period from the Closing Date through and including September 30, 2017, 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% II < 50% ofthe Maximum Revolver Amount 0.50% The Applicable Unused Line Fee Percentage shall be re-determined on the first day of each fiscal quarter by Administrative Agent.

  • Unused Fee Rate means 0.50% per annum.

  • Applicable Commitment Fee Rate means:

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

  • 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 Percentage means, with respect to any Lender, the percentage of the total Commitments represented by such Lender’s Commitment. If the Commitments have terminated or expired, the Applicable Percentages shall be determined based upon the Commitments most recently in effect, giving effect to any assignments.

  • Undrawn Amount means, with respect to any Letter of Credit, at any time, the maximum amount available to be drawn under such Letter of Credit at such time and “Undrawn Amounts” means, at any time, the sum of all Undrawn Amounts at such time.