Unused Commitment Fees definition

Unused Commitment Fees means (a) the Unused DDTL Commitment Fee, or (b) the Unused Revolving Commitment Fee.
Unused Commitment Fees shall have the meaning assigned to such term in Section 2.05(a).
Unused Commitment Fees is used herein as defined in Section 7(a) hereof.

Examples of Unused Commitment Fees in a sentence

  • All Unused Commitment Fees shall be computed on the basis of a year of 360 days and shall be payable for the actual number of days elapsed (including the first day but excluding the last day).

  • The total Unused Commitment Fee paid by the Borrower will be equal to the sum of all of the Unused Commitment Fees due to the Lenders, subject to subsection 1.11(e)(vi).

  • The Borrowers and the Lenders acknowledge and agree that the Unused Commitment Fees payable hereunder are bona fide unused commitment fees and are intended as reasonable compensation to the Lenders for committing to make funds available to Borrowers as described herein and for no other purposes.

  • Interest on all Advances, Unused Commitment Fees and LC Fees shall be calculated for actual days elapsed on the basis of a 360-day year (or 365/366 days, in the case of Loans the interest rate payable on which is based on the Prime Rate).

  • All Unused Commitment Fees shall accrue to the first day of each month and be payable monthly in arrears on the 20th day of each month hereafter and on the Revolving Term Facility Expiration Date.


More Definitions of Unused Commitment Fees

Unused Commitment Fees means, collectively, (a) the Unused Revolving A-1 Commitment Fee and (b) any unused commitment fee applicable to any Incremental Revolving Facility pursuant to the terms of the applicable Incremental Amendment.
Unused Commitment Fees means the Unused Commitment Fee (as such term is defined in the Revolving Term Note and Revolving Credit Note).
Unused Commitment Fees means the Unused Commitment Fee (as such term is defined in the Revolving Term Note).
Unused Commitment Fees. 40 bp per annum on the unused Revolving Credit Commitment Amount, payable quarterly in arrears.
Unused Commitment Fees has the meaning specified in Section 2.10(a).
Unused Commitment Fees means the fees payable to the Lender pursuant to Section 2.03(b) below.
Unused Commitment Fees means the Revolver Unused Commitment Fee and the Delayed Draw Unused Commitment Fee.