Commitment Fee Rate

Commitment Fee Rate. For any day, a rate per annum equal to 0.50%.

Commitment Fee Rate. Means for any time prior to the Conversion Date, a rate equal to the applicable margin set forth below under the caption "Commitment Fee Rate", determined by reference to the percentage of the Borrowing Base that the sum of all Loans outstanding plus all LC Obligations represent at that time. Percentage of Borrowing Base Commitment Fee Usage Rate ... ------------------ --------------- greater than or equal to 75% 0.40% greater than or equal to 60% but less than 75% 0.35% greater than 40% but less than 60% 0.30% less than or equal to 40% 0.25% View More

Commitment Fee Rate. : (a) for each period in which the Facility Usage Ratio is less than or equal to fifty percent (50%), 0.37.5% per annum; (b) for each period in which the Facility Usage Ratio is greater than fifty percent (50%) but less than or equal to eighty percent (80%), 0.50% per annum; and (c) for each period in which the Facility Usage Ratio is greater than eighty percent (80%), 0.60% per annum.

Commitment Fee Rate. On any date for which it is determined prior to the Revolving Period Commitment Termination Date and on which the ratio (expressed as a percentage) of the outstanding principal of Borrowing Base Debt, including any Revolving Loans outstanding and Revolving Loan Letter of Credit Outstandings, to the Borrowing Base then in effect shall equal those ratios set forth below, the percentage set forth opposite such ratio: Ratio of Borrowing Base Debt to Borrowing Base CommitmentFee Rate ... Greater than or equal to 66.6% 0.500 % Less than 66.6% 0.375 % Changes in the Commitment Fee Rate shall occur automatically with a change in such ratio of the Borrowing Base Debt to the Borrowing Base. 2 View More

Commitment Fee Rate. Shall mean (i) prior to July 1, 2004, 0.5% per annum, and (ii) on and after July 1, 2004, 0.65% per annum."

Commitment Fee Rate. Has the meaning set forth in the definition of "Applicable Margin".

Commitment Fee Rate. 0.75% per annum.

Commitment Fee Rate. Means, at any time, the percentage per annum set forth below for the Commitment Fee, as determined by reference to the Consolidated Leverage Ratio as set forth in the most recent Compliance Certificate at any time received by the Administrative Agent (a) on the Closing Date, or (b) thereafter pursuant to Section 6.02(b): Commitment Fee Rate PricingLevel Consolidated LeverageRatio Commitment Fee 1 1.50:1 0.500 % 2 1.50:1 but 2.50:1 0.625 % 3 2.50:1 0.750 % Any increase or decrease in the... the Commitment Fee Rate resulting from a change in the Consolidated Leverage Ratio shall become effective as of the first Business Day immediately following the applicable Start Date; provided, however, that if a Compliance Certificate is not delivered when due in accordance with such Section, then Pricing Level 3 shall apply as of the first Business Day after the date on which such Compliance Certificate was required to have been delivered (until the first Business Day after the date which such Compliance Certificate is actually delivered which demonstrates another Pricing Level is applicable). Notwithstanding anything to the contrary contained in this definition, the determination of the Commitment Fee Rate for any period shall be subject to the provisions of Section 2.10(b) and (c). View More

Commitment Fee Rate. ‘Commitment Fee Rate' means, for any day, the rate per annum set forth in the Commitment Fee Rate grid below based on the Borrowing Base Utilization Percentage then in effect: Commitment Fee Rate Grid Borrowing Base Utilization Percentage Commitment Fee Rate <50% 0.375 % >50% 0.500 %

Commitment Fee Rate. The percentage per annum set forth below for the Commitment Fee, as determined by reference to the Consolidated Leverage Ratio as set forth in the most recent Compliance Certificate at any time received by the Administrative Agent pursuant to Section 6.02(b) (or, prior to the date of the Administrative Agent's receipt of the first Compliance Certificate pursuant to Section 6.02(b), the most recent Compliance Certificate received by the Administrative Agent pursuant to Section 6.02(b) of the... Existing Credit Agreement) View More