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 0.25%. 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.
Ticking Fee. The shall pay to the [[Administrative Agent:Organization]], for the account of each Delayed Draw Term Loan , a ticking fee (the “Ticking Fee”) equal to Applicable Rate per annum of the daily unused portion of each Delayed Draw Term Loan ’s Delayed Draw Term Loan Commitment. The Ticking Fee shall accrue at all times during the Availability Period, including at any time during which one or more of the conditions in Article IV is not met, and shall be due and payable on the last date of the Availability Period (and, if applicable, thereafter on demand).
Facility Fee. In consideration of the Revolving Credit Commitments of the Revolving Credit Lenders hereunder, the [[Consolidated Parties:Organization]] Parties shall pay to the Administrative Agent (for the benefit of the Revolving Credit Lenders) a facility fee equal to the Applicable Rate (based on a three hundred sixty-five (365) day year) times the actual daily amount of the Aggregate Revolving Credit Commitments (or, if the Aggregate Revolving Credit Commitments have terminated, on the Outstanding Amount of all Revolving Credit Loans and L/C Obligations), regardless of usage (the “Facility Fee”). The Facility Fee shall accrue at all times during the Availability Period (and thereafter so long as any Revolving Credit Loans or L/C Obligations
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