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Commitment Fee
Commitment Fee contract clause examples
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The Borrower agrees to pay to the Administrative Agent for the account of each Lender a commitment fee (the “Commitment Fee”), which shall accrue at the Applicable Percentage per annum (determined daily in accordance with [Schedule I]) on the daily amount of the unused Revolving Commitment of such Lender during the Availability Period. For purposes of computing the Commitment Fee, the Revolving Commitment of each Lender shall be deemed used to the extent of the outstanding Revolving Loans and LC Exposure, but not Swingline Exposure, of such Lender.

Commitment Fee Rate” means 0.25% per annum.

Each payment of interest or commitment fee shall be made in the currency in which the sum in respect of which the interest is payable was denominated, pursuant to this Agreement, when that interest or commitment fee accrued.

The Commitment Fee specified in [Section 2.04(d)].

Repurchase Term Loan Commitment Fee” shall mean $100,000.

Section #3Principal and Interest Payments; Prepayments; Commitment Fee.

“Commitment Fee” is defined in Section 2.6(a).

The Borrower shall pay to the Lender a commitment fee equal to the product of: # the aggregate of the daily average amounts of the Unused Commitment, times # a per annum percentage equal to 0.20%. Such commitment fee shall accrue from and including the Closing Date to and including the Termination Date. Commitment fees shall be payable # quarterly in arrears on each Quarterly Payment Date, and # on the Termination Date; provided that should the Revolver Commitment be terminated at any time prior to the Termination Date for any reason, the entire accrued and unpaid fee shall be paid on the date of such termination.

Consent Fee. The Administrative Agent shall have received a consent fee, for the account of each applicable Lender (including [[Administrative Agent:Organization]]) consenting to this Amendment (each, a “Consenting Lender”), in an amount equal to 0.15% of such Consenting Lender’s Commitment as set forth on Exhibit A to this Amendment (“Exhibit A”), payable on the Amendment No. 4 Effective Date.

Cash Fee. The Company shall pay to Network 1 a cash fee, or as to an underwritten Offering an underwriter discount, equal to seven percent (7.0%) of the aggregate gross proceeds raised in each Offering

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