Utilization Fees definition

Utilization Fees has the meaning set forth in Section 3.4(b).
Utilization Fees means the fees payable to the Lenders pursuant to Section 3.4(b).
Utilization Fees means, for any period of determination during the Revolving Period, the positive difference, if any, between (a) the amount of interest that would have accrued under this Agreement for such period on the principal amount of the Advances if the Advances Outstanding for such period was equal to the Minimum Usage Amount and (b) the amount of interest that actually accrued under this Agreement for such period on the principal amounts of the Advances.

Examples of Utilization Fees in a sentence

  • All Utilization 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).

  • All Utilization Fees shall be computed on the basis of the actual number of days elapsed in a year of 360 days and shall be payable in arrears.

  • All Utilization Fees shall be computed on the basis of the actual number of days elapsed in a year of 360 days.

  • Facility Fees, Utilization Fees and interest in respect of Eurodollar Loans shall be calculated on the basis of a 360 day year for the actual days elapsed.

  • All Utilization Fees are fully earned and nonrefundable upon payment.


More Definitions of Utilization Fees

Utilization Fees has the meaning provided in Section 3.1(b).
Utilization Fees has the meaning provided in Section 2.11(b).
Utilization Fees means, for any period of determination, the positive difference, if any, between (a) the amount of interest that would have accrued under this Agreement for such period on the principal amount of the Advances if the Advances Outstanding for such period was equal to the Minimum Usage Amount and (b) the amount of interest that actually accrued under this Agreement for such period on the principal amounts of the Advances.
Utilization Fees means, collectively, the Tranche 2 Utilization Fee and the Tranche 3 Utilization Fee.
Utilization Fees has the meaning set forth in Section 2.09(b).
Utilization Fees has the meaning given to it in Section 5.3;
Utilization Fees means, collectively, the Tranche 2 Utilization Fee and Tranche 3 Utilization Fee.