Unused Fee Percentage definition

Unused Fee Percentage means, with respect to any day during a calendar quarter, (i) 0.15% per annum, if the sum of the Revolving Advances and Facility Letter of Credit Obligations outstanding on such day is 50% or more of the aggregate Revolving Commitments or (ii) 0.25% per annum if the sum of the Revolving Advances and Facility Letter of Credit Obligations outstanding on such day is less than 50% of the aggregate Revolving Commitments.

Unused Fee Percentage means, with respect to any day during a calendar quarter, 0.20% per annum.

Unused Fee Percentage has the meaning given to such term in the Fee Letter.

Examples of Unused Fee Percentage in a sentence

• The Applicable Unused Fee Percentage for a given Settlement Period shall be based upon the Applicable Leverage Ratio.

• Their data was stored in SurveyMonkey, and was analyzed using both SurveyMonkey’s analysis tools and exported into SPSS for further statistically analysis.Results and Discussion When evaluating the responses to the first 18 questions regarding actual and ideal levels of knowledge in differing areas, a general pattern emerged.Participants tended to feel that they had an average level of knowledge for each of the areas and felt they should have a much more thorough knowledge base for each particular area.

• Until such time as the Applicable Margin shall be determined by reference to the IGR Pricing Grid, the Borrower agrees to pay to the Administrative Agent for the account of each Lender (other than a Defaulting Lender) a commitment fee, which shall accrue at an amount equal to the Applicable Unused Fee Percentage multiplied by the daily amount of the unused Revolving Commitment of such Lender during the Availability Period.

More Definitions of Unused Fee Percentage

Unused Fee Percentage means, as of any date of determination, one of the following:

Unused Fee Percentage means, with respect to any calendar quarter, (i) 0.15% per annum, if the daily average of the Advances outstanding during such quarter is 50% or more of the daily average Aggregate Commitment during such quarter or (ii) 0.25% per annum if the average Advances outstanding during such quarter is less than 50% of the daily average Aggregate Commitment during such quarter.

Unused Fee Percentage means the percentage listed in the following table. Fixed Charge Coverage Ratio Unused Fee Percentage Equal to or less than 1.15 0.500% Greater than 1.15 but less than 1.25 0.375% Equal to or greater than 1.25 but less than 1.50 0.375% Equal to or greater than 1.50 but less than 1.75 0.250% Equal to or greater than 1.75 0.250% with such Fixed Charge Coverage Ratio to be computed as of the last quarterly compliance period."

Unused Fee Percentage means, for any day, the percentage set forth below based upon the Usage Percentage as of the end of such day: Usage Percentage Unused Fee Percentage <50% 0.50 % ³50% 0.35 %

Unused Fee Percentage means one fifth of one percent (0.20%) per annum.

Unused Fee Percentage means (a) if the Unused Commitment is less than or equal to 33% of the Revolving Committed Amount, .15% per annum, (b) if the Unused Commitment is less than or equal to 66% of the Revolving Committed Amount but greater than 33% of the Revolving Committed Amount, .20% per annum and (c) if the Unused Commitment is greater than 66% of the Revolving Committed Amount, .25% per annum.

Unused Fee Percentage means, with respect to any day during a calendar quarter prior to the Maturity Date with respect to the Line Facility, 0.15% per annum.