Unused Commitment Fee has the meaning specified in Section 2.12(a) (Fees).
Unused Commitment Fee shall have the meaning set forth in Section 2.5(a).
Unused Commitment Fee shall have the meaning given to the term in Section 3.5.c.
Examples of Unused Commitment Fee in a sentence
Any interest generated on the funds held in the Escrow Account shall first be applied to the Unused Commitment Fee and any remaining balance shall be returned to the Borrower.
For the avoidance of doubt, once all or any portion of the Aggregate Commitment is advanced to Borrower as a Subsequent Draw, no Unused Commitment Fee shall be payable on the amount of such Subsequent Draw under any circumstances.
More Definitions of Unused Commitment Fee
Unused Commitment Fee means the product of (A) 50 Basis Points per annum (pro rated to take into account that the fee is payable quarterly, or such shorter period if applicable) and (B) the Unused Commitment Amount.BORROWER
Unused Commitment Fee means, for any Interest Period prior to the commencement of the Amortization Period, the fee payable by the Borrower pursuant to the Fee Letter on the related Payment Date in an amount equal to product of (i) the Unused Commitment Fee Rate, (ii) an amount equal to the average daily Aggregate Commitment during such Interest Period minus the average daily Loans Outstanding during such Interest Period and (iii) a fraction, the numerator of which is the actual number of days during such Interest Period and the denominator of which is 360.
Unused Commitment Fee is defined in Section 4.03(b).
Unused Commitment Fee has the meaning set forth in the Fee Letter.
Unused Commitment Fee means a fee equal to the product of (i) the amount by which the Maximum Facility Amount exceeds the Outstanding Principal Amount (in each case, as of any date of determination) and (ii) 0.50%.
Unused Commitment Fee has the meaning specified in Section 2.4(a).
Unused Commitment Fee shall have the meaning specified in Section 6(d) of this Supplement.