Common use of Availability Fee Clause in Contracts

Availability Fee. The Debtor undertakes to pay the Bank an availability fee equivalent to 0.05% calculated on the non-disbursed amount. This fee shall be paid on the Loan disbursement date or on the Termination Date, if there is no disbursement.

Appears in 2 contracts

Sources: Credit Facility Agreement (Inversiones Y Rentas S.A.), Credit Facility Agreement (Inversiones Y Rentas S.A.)