Class B Usage Fee Rate definition

Class B Usage Fee Rate means the applicable rate or rates identified as the “Class B Usage Fee Rate” in the Supplemental Fee Letter entered into on the Initial Closing Date between the Issuer and the Administrative Agent, for the benefit of, among others, the Class B Purchasers.
Class B Usage Fee Rate means the sum of (i) the Cost of Funds and (ii) the Class B Usage Fee Margin.
Class B Usage Fee Rate means the sum of (i) the Cost of Funds and (ii) the Class B Usage Fee Margin; provided, however, with respect Class B Advances (or portion thereof) actually funded by a Conduit Lender through the issuance of Commercial Paper, during the continuance of an Event of Default, the Class B Usage Fee Rate shall not exceed the sum of (a)(x) the Adjusted Benchmark (or, as required pursuant to Section 2.15 if the then applicable Benchmark is not available, the Base Rate) or (y) any other rate as determined in accordance with Section 2.15 which may include another tenor of the Benchmark, for the related Interest Accrual Period and (b) the Class B Usage Fee Margin with respect to the Class B Lenders on the date hereof.

Related to Class B Usage Fee Rate

  • Unused Fee Rate means a per annum rate equal to 0.20%.

  • L/C Fee Rate means the rates set forth in Schedule 1 hereto beside the then applicable Level.

  • Program Fee Rate is defined in the Fee Letter.

  • Expense Fee Rate As to each Mortgage Loan, the sum of (a) the related Servicing Fee Rate and (b) the Trustee Fee Rate.

  • Applicable Fee Rate means, at any time, the percentage rate per annum at which Commitment Fees are accruing on the unused portion of the Aggregate Commitment at such time as set forth in the Pricing Schedule.