Line of Credit Fee

Example Definitions of "Line of Credit Fee"
Line of Credit Fee. Line of Credit Fee shall mean, for any month, the product obtained by multiplying (a) (i) the amount of the Revolving Line of Credit minus (ii) the average daily principal balance of Revolving Loans and the average daily undrawn amount of Letters of Credit outstanding during such month, times (b) three-quarters of one percent (0.75%) per annum for the number of days in said month
Line of Credit Fee. Amended by deleting herein "one half of one percent (0.5%) . . ." and substituting therefore three eights of one percent (0.375%) . . .
All Definitions