Commitment Fee definition

Commitment Fee has the meaning specified in Section 2.09(a).

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Commitment Fee shall have the meaning assigned to such term in Section 2.05(a).

Commitment Fee shall have the meaning provided in Section 4.1(a).

Examples of Commitment Fee in a sentence

The Commitment Fee due to each Lender shall commence to accrue on the Closing Date and shall cease to accrue on the date on which the last of the Revolving Facility Commitments of such Lender shall be terminated as provided herein.
For the avoidance of doubt, a ▇▇▇▇▇▇’s Swingline Exposure shall not be considered usage in calculating the Commitment Fee above.
The Commitment Fee shall be computed on the basis of a year of three hundred and sixty (360) days and shall be payable for the actual number of days elapsed (including the first (1st) day and the last day of each period but excluding the date on which the Commitments terminate).
For purposes of calculating any Lender’s Commitment Fee, the outstanding Swingline Loans during the period for which such Lender’s Commitment Fee is calculated shall be deemed to be zero.
The Commitment Fee shall be calculated quarterly in arrears, and if there is any change in the Applicable Rate during any quarter, the actual daily amount shall be computed and multiplied by the Applicable Rate separately for each period during such quarter that such Applicable Rate was in effect.

Commitment Fee shall have the meaning provided in Section 3.01(a).

Commitment Fee shall have the meaning set forth in Section 2.20.

Commitment Fee shall have the meaning set forth in Section 12.04.

Commitment Fee as defined in Section 2.3.

Commitment Fee has the meaning assigned thereto in Section 5.3(a).

Commitment Fee has the meaning assigned to such term in Section 3.07.

Commitment Fee is defined in Section 2.4(a).