Examples of Unused Revolving Commitment Amount in a sentence
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The Company agrees to pay to the Agent for the account of each Lender an unused fee at a rate per annum equal to 0.15% on such Lender’s share of the daily Unused Revolving Commitment Amount.
In Algorithms and Computation, volume 834 of LNCS, pages 378-386.
Subject to Section 2.16(a)(iii), the Borrower agrees to pay to the Administrative Agent for the account of each Revolving Lender a revolving commitment fee, which shall accrue at the rate per annum equal to the Applicable Margin for Commitment Fees on the daily Unused Revolving Commitment Amount of such Lender during the period from the Effective Date until the Revolving Maturity Date.
The Borrower shall pay to the Administrative Agent for the account of each Revolving Lender a fee (the “Commitment Fee”) on such Lender’s Aggregate Revolving Commitment Percentage of the daily Unused Revolving Commitment Amount, computed at a per annum rate for each day equal to 0.50%.
The Borrower agrees to pay to the Administrative Agent for the account of each Revolving Lender having a Revolving Commitment a commitment fee at a per annum rate equal to the Commitment Fee Rate on the average daily Unused Revolving Commitment Amount of such Revolving Lender, from the date of this Agreement until the Commitment Termination Date.
During the Revolving Commitment Period, subject to the terms and conditions hereof, each Lender severally agrees to make Revolving Loans to Company in an aggregate amount up to but not exceeding such Lender’s Unused Revolving Commitment Amount; provided, that after giving effect to the making of any Revolving Loans in no event shall the Total Utilization of Revolving Commitments exceed the lesser of (i) Revolving Commitments then in effect and (ii) the Borrowing Base then in effect.
If the Company declares any dividend or distribution to its stockholders (other than stock splits in the form of a dividend and similar capital adjustments) at any time while the $0.70 Option is unvested, the Manager will be entitled to receive an amount equal to the dividend or distribution that would be paid on the shares underlying the $0.70 Option, payable in the same form as such dividend or distribution, on the same vesting schedule as the $0.70 Option.
The Borrower shall pay to the Administrative Agent for the account of each Revolving Lender (other than a Defaulting Lender) a fee (the “Commitment Fee”) on such Lender’s Revolving Commitment Percentage of the daily Unused Revolving Commitment Amount, computed at a per annum rate for each day at a rate equal to the then applicable rate per annum set forth in the definition of “Applicable Margin” in Section 1.01.
Each Revolving Lender severally agrees, on the terms and conditions set forth in this Agreement (including without limitation, the terms set forth in Section 3.01), to make Revolving Advances to the Borrower from time to time on any Business Day during the period from the date of this Agreement until the Revolving Commitment Termination Date in an amount for each Revolving Lender not to exceed such Revolving Lender’s Unused Revolving Commitment Amount.