Facility Fee definition: Copy, customize, and use instantly
Introduction
The term "Facility Fee" refers to a fee charged for the provision of a financial facility, typically paid by the borrower or user to the lender or service provider in exchange for making available a credit or loan facility. This fee can be a one-time charge or periodic, depending on the terms of the agreement, and is often based on the commitment or availability of funds rather than the actual usage.
Below are various examples of how "Facility Fee" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Facility Fee" as a fee charged by a lender to a borrower for the availability of a loan or credit facility, typically based on the total amount of the facility.
This definition ties "Facility Fee" to the availability of a loan or credit facility and the amount involved.
"Facility Fee" means a fee charged by a lender to a borrower for the availability of a loan or credit facility, typically based on the total amount of the facility.
Definition of "Facility Fee" as a fee paid by the borrower to the lender for maintaining the availability of a financial facility, regardless of whether the funds are utilized by the borrower.
This definition connects "Facility Fee" to the maintenance of the availability of funds and the borrower's obligation to pay regardless of usage.
"Facility Fee" refers to a fee paid by the borrower to the lender for maintaining the availability of a financial facility, regardless of whether the funds are utilized by the borrower.
Definition of "Facility Fee" as a charge levied by a financial institution for making a loan or credit facility available to the borrower, which may be calculated as a percentage of the total facility or a flat fee.
This definition ties "Facility Fee" to its calculation method, either as a percentage or a flat fee.
"Facility Fee" means a charge levied by a financial institution for making a loan or credit facility available to the borrower, which may be calculated as a percentage of the total facility or a flat fee.
Definition of "Facility Fee" as a one-time or ongoing fee charged by a lender for providing a borrower access to a specific financial facility, usually calculated based on the committed amount.
This definition connects "Facility Fee" to its one-time or ongoing nature and the amount committed.
"Facility Fee" refers to a one-time or ongoing fee charged by a lender for providing a borrower access to a specific financial facility, usually calculated based on the committed amount.
Definition of "Facility Fee" as a fee payable by the borrower to compensate the lender for the administrative costs and risks associated with making a financial facility available.
This definition ties "Facility Fee" to the lender's compensation for administrative costs and risks.
"Facility Fee" means a fee payable by the borrower to compensate the lender for the administrative costs and risks associated with making a financial facility available.
Definition of "Facility Fee" as a charge assessed by a lender in connection with the establishment or renewal of a loan or credit facility, typically paid upfront or periodically during the life of the facility.
This definition connects "Facility Fee" to the establishment or renewal of a facility and its payment terms.
"Facility Fee" refers to a charge assessed by a lender in connection with the establishment or renewal of a loan or credit facility, typically paid upfront or periodically during the life of the facility.
Definition of "Facility Fee" as a fee paid by the borrower to the lender in exchange for the right to access a loan or credit facility, irrespective of whether the borrower actually draws down funds.
This definition ties "Facility Fee" to the borrower’s right to access the facility, regardless of usage.
"Facility Fee" means a fee paid by the borrower to the lender in exchange for the right to access a loan or credit facility, irrespective of whether the borrower actually draws down funds.
Definition of "Facility Fee" as a fee levied by a financial institution for making available a credit or loan facility to the borrower, often calculated as a percentage of the available facility.
This definition ties "Facility Fee" to its calculation based on a percentage of the available facility.
"Facility Fee" refers to a fee levied by a financial institution for making available a credit or loan facility to the borrower, often calculated as a percentage of the available facility.
Definition of "Facility Fee" as a fee associated with maintaining or administering a financial facility, typically payable regardless of whether the facility is utilized by the borrower.
This definition connects "Facility Fee" to the maintenance and administration of a facility, regardless of use.
"Facility Fee" means a fee associated with maintaining or administering a financial facility, typically payable regardless of whether the facility is utilized by the borrower.
Definition of "Facility Fee" as a fee charged by a lender for providing a certain financial facility, which may be based on the loan amount or a fixed charge, often payable in advance or periodically.
This definition connects "Facility Fee" to its payment structure, either based on the loan amount or a fixed charge.
"Facility Fee" refers to a fee charged by a lender for providing a certain financial facility, which may be based on the loan amount or a fixed charge, often payable in advance or periodically.
Definition of "Facility Fee" as a fee payable by the borrower to the lender for having access to a financial facility, typically calculated as a percentage of the total available credit or loan amount.
This definition ties "Facility Fee" to the borrower’s access to the facility and its calculation method.
"Facility Fee" means a fee payable by the borrower to the lender for having access to a financial facility, typically calculated as a percentage of the total available credit or loan amount.
Definition of "Facility Fee" as a fee that compensates the lender for making available a financial facility to the borrower, which can be assessed as a flat amount or based on the amount of credit available.
This definition connects "Facility Fee" to the lender's compensation for providing the facility.
"Facility Fee" refers to a fee that compensates the lender for making available a financial facility to the borrower, which can be assessed as a flat amount or based on the amount of credit available.
Definition of "Facility Fee" as a payment made by the borrower to the lender in exchange for access to a loan or credit line, which may be charged upfront, periodically, or at the time of facility renewal.
This definition ties "Facility Fee" to its timing and frequency of payment.
"Facility Fee" means a payment made by the borrower to the lender in exchange for access to a loan or credit line, which may be charged upfront, periodically, or at the time of facility renewal.
Definition of "Facility Fee" as a charge assessed for the availability of a financial facility, intended to compensate the lender for reserving or committing funds, typically calculated based on the credit limit or commitment.
This definition ties "Facility Fee" to the lender's compensation for reserving or committing funds.
"Facility Fee" refers to a charge assessed for the availability of a financial facility, intended to compensate the lender for reserving or committing funds, typically calculated based on the credit limit or commitment.
Definition of "Facility Fee" as a fee charged by the lender to the borrower for access to a financial facility, often a percentage of the committed amount, which is paid regardless of whether the borrower uses the facility.
This definition connects "Facility Fee" to its role in charging for access to the facility, regardless of use.
"Facility Fee" means a fee charged by the lender to the borrower for access to a financial facility, often a percentage of the committed amount, which is paid regardless of whether the borrower uses the facility.
Definition of "Facility Fee" as a one-time or recurring fee paid by the borrower to the lender in exchange for access to a credit or loan facility, typically based on the amount of available funds.
This definition ties "Facility Fee" to the amount of available funds and its payment structure.
"Facility Fee" refers to a one-time or recurring fee paid by the borrower to the lender in exchange for access to a credit or loan facility, typically based on the amount of available funds.
Definition of "Facility Fee" as a fee required to be paid by the borrower for obtaining access to a financial facility, which is often a percentage of the total credit commitment or a fixed charge.
This definition connects "Facility Fee" to its calculation method, based on percentage or fixed charge.
"Facility Fee" means a fee required to be paid by the borrower for obtaining access to a financial facility, which is often a percentage of the total credit commitment or a fixed charge.
Definition of "Facility Fee" as a fee for maintaining the availability of a credit facility, typically assessed based on the maximum loan amount or credit limit, and charged periodically.
This definition ties "Facility Fee" to its role in maintaining the availability of credit and periodic assessment.
"Facility Fee" refers to a fee for maintaining the availability of a credit facility, typically assessed based on the maximum loan amount or credit limit, and charged periodically.
Definition of "Facility Fee" as a payment made by the borrower to the lender for the availability of a loan or credit facility, typically calculated as a percentage of the total facility amount.
This definition ties "Facility Fee" to the calculation method based on the facility amount.
"Facility Fee" means a payment made by the borrower to the lender for the availability of a loan or credit facility, typically calculated as a percentage of the total facility amount.
Definition of "Facility Fee" as a charge imposed by a lender for providing access to a financial facility, often based on the size of the credit line or loan amount.
This definition connects "Facility Fee" to its basis in the size of the loan or credit line.
"Facility Fee" refers to a charge imposed by a lender for providing access to a financial facility, often based on the size of the credit line or loan amount.
Definition of "Facility Fee" as a one-time or ongoing fee paid by the borrower to the lender for the right to access a credit facility, regardless of whether the borrower draws on the funds.
This definition ties "Facility Fee" to its payment structure, either one-time or ongoing.
"Facility Fee" means a one-time or ongoing fee paid by the borrower to the lender for the right to access a credit facility, regardless of whether the borrower draws on the funds.
Definition of "Facility Fee" as a payment made to the lender for reserving credit or loan availability for the borrower, typically payable upfront or annually, depending on the agreement.
This definition connects "Facility Fee" to the reservation of credit or loan availability.
"Facility Fee" refers to a payment made to the lender for reserving credit or loan availability for the borrower, typically payable upfront or annually, depending on the agreement.
Definition of "Facility Fee" as a fee paid for access to a loan or credit facility, which may be charged regardless of whether the borrower utilizes the funds.
This definition ties "Facility Fee" to its nature of being charged regardless of fund usage.
"Facility Fee" means a fee paid for access to a loan or credit facility, which may be charged regardless of whether the borrower utilizes the funds.
Definition of "Facility Fee" as a charge imposed for maintaining a credit facility, calculated based on the amount of the facility, and paid periodically throughout the term of the loan or credit agreement.
This definition connects "Facility Fee" to its periodic nature based on the facility amount.
"Facility Fee" refers to a charge imposed for maintaining a credit facility, calculated based on the amount of the facility, and paid periodically throughout the term of the loan or credit agreement.
Definition of "Facility Fee" as a fee charged by a lender for making a financial facility available to the borrower, typically assessed as a percentage of the total loan or credit facility amount.
This definition ties "Facility Fee" to its percentage-based calculation.
"Facility Fee" means a fee charged by a lender for making a financial facility available to the borrower, typically assessed as a percentage of the total loan or credit facility amount.
Definition of "Facility Fee" as a cost incurred by the borrower for having access to a facility, often assessed at the time the facility is granted, and may vary based on the size or type of facility.
This definition connects "Facility Fee" to the access cost and variability in the fee.
"Facility Fee" refers to a cost incurred by the borrower for having access to a facility, often assessed at the time the facility is granted, and may vary based on the size or type of facility.
Definition of "Facility Fee" as a one-time charge or ongoing cost required for securing a line of credit or loan, ensuring that the funds are available to the borrower if needed.
This definition ties "Facility Fee" to the security and availability of funds.
"Facility Fee" means a one-time charge or ongoing cost required for securing a line of credit or loan, ensuring that the funds are available to the borrower if needed.
Definition of "Facility Fee" as a fee charged for access to a specific financial facility, designed to compensate the lender for the risk of making funds available, even if the borrower does not draw on them.
This definition connects "Facility Fee" to its purpose of compensating the lender for availability and risk.
"Facility Fee" refers to a fee charged for access to a specific financial facility, designed to compensate the lender for the risk of making funds available, even if the borrower does not draw on them.
Definition of "Facility Fee" as a fee paid by the borrower to the lender for the privilege of having access to a credit or loan facility, often based on the total available amount.
This definition ties "Facility Fee" to the privilege of having access to the facility.
"Facility Fee" means a fee paid by the borrower to the lender for the privilege of having access to a credit or loan facility, often based on the total available amount.
Definition of "Facility Fee" as a charge calculated on the availability of a credit line or loan, often paid on an annual or periodic basis, regardless of the borrower’s usage of the funds.
This definition connects "Facility Fee" to its calculation method and payment frequency.
"Facility Fee" refers to a charge calculated on the availability of a credit line or loan, often paid on an annual or periodic basis, regardless of the borrower’s usage of the funds.
Definition of "Facility Fee" as a fee levied by a lender for providing access to a credit facility, typically assessed as a percentage of the total facility or as a fixed fee.
This definition ties "Facility Fee" to its percentage or fixed nature.
"Facility Fee" means a fee levied by a lender for providing access to a credit facility, typically assessed as a percentage of the total facility or as a fixed fee.
Definition of "Facility Fee" as a fee that compensates the lender for making a loan or credit facility available to the borrower, based on the total amount of the facility.
This definition ties "Facility Fee" to its compensatory nature for the lender.
"Facility Fee" refers to a fee that compensates the lender for making a loan or credit facility available to the borrower, based on the total amount of the facility.
Definition of "Facility Fee" as a fee that is charged to the borrower for having a financial facility made available, typically calculated as a percentage of the maximum credit or loan limit.
This definition connects "Facility Fee" to the loan limit and its calculation based on percentage.
"Facility Fee" means a fee that is charged to the borrower for having a financial facility made available, typically calculated as a percentage of the maximum credit or loan limit.
Definition of "Facility Fee" as a fee that ensures a financial institution provides the borrower with access to a particular loan or credit facility, typically charged based on the total facility amount and payable periodically.
This definition ties "Facility Fee" to the periodic nature of the charge based on the total amount.
"Facility Fee" refers to a fee that ensures a financial institution provides the borrower with access to a particular loan or credit facility, typically charged based on the total facility amount and payable periodically.
Definition of "Facility Fee" as a fee payable by the borrower for access to a financial facility, usually calculated based on the loan or credit facility size and paid either upfront or periodically.
This definition connects "Facility Fee" to its size-based calculation and payment terms.
"Facility Fee" means a fee payable by the borrower for access to a financial facility, usually calculated based on the loan or credit facility size and paid either upfront or periodically.
Definition of "Facility Fee" as a charge imposed by the lender to cover administrative costs and the potential risk of a financial facility being made available to the borrower, often assessed on the total credit limit.
This definition ties "Facility Fee" to its role in covering administrative costs and risks.
"Facility Fee" refers to a charge imposed by the lender to cover administrative costs and the potential risk of a financial facility being made available to the borrower, often assessed on the total credit limit.
Definition of "Facility Fee" as a payment made by the borrower for the right to access a loan or credit facility, which may be based on the credit limit, facility type, and payment schedule.
This definition ties "Facility Fee" to its basis on the credit limit and payment schedule.
"Facility Fee" means a payment made by the borrower for the right to access a loan or credit facility, which may be based on the credit limit, facility type, and payment schedule.
Definition of "Facility Fee" as a fee imposed by a lender for providing access to a credit or loan facility, which is typically calculated as a percentage of the total credit available to the borrower.
This definition connects "Facility Fee" to the percentage-based calculation and the total credit.
"Facility Fee" means a fee imposed by a lender for providing access to a credit or loan facility, which is typically calculated as a percentage of the total credit available to the borrower.
Definition of "Facility Fee" as a charge for maintaining the availability of a financial facility, often assessed periodically based on the total commitment or facility limit.
This definition ties "Facility Fee" to the maintenance of availability and its periodic assessment.
"Facility Fee" refers to a charge for maintaining the availability of a financial facility, often assessed periodically based on the total commitment or facility limit.
Definition of "Facility Fee" as a fee that compensates the lender for making a financial facility available, even if the borrower does not use the facility.
This definition connects "Facility Fee" to the lender's compensation for availability.
"Facility Fee" means a fee that compensates the lender for making a financial facility available, even if the borrower does not use the facility.
Definition of "Facility Fee" as a one-time or ongoing charge that the borrower pays for access to a financial facility, which may be based on the maximum credit or loan amount available.
This definition ties "Facility Fee" to its one-time or ongoing nature and maximum facility amount.
"Facility Fee" refers to a one-time or ongoing charge that the borrower pays for access to a financial facility, which may be based on the maximum credit or loan amount available.
Definition of "Facility Fee" as a fee levied by the lender to cover the administrative costs and risks of maintaining a credit facility for the borrower.
This definition connects "Facility Fee" to its role in covering administrative costs and risks.
"Facility Fee" means a fee levied by the lender to cover the administrative costs and risks of maintaining a credit facility for the borrower.
Definition of "Facility Fee" as a fee that the borrower pays to the lender for the availability of a credit or loan facility, typically assessed upfront or annually.
This definition ties "Facility Fee" to its upfront or annual assessment.
"Facility Fee" refers to a fee that the borrower pays to the lender for the availability of a credit or loan facility, typically assessed upfront or annually.
Definition of "Facility Fee" as a charge imposed for providing the borrower with access to a facility, regardless of whether the borrower utilizes the funds or not.
This definition connects "Facility Fee" to the concept of providing access, irrespective of usage.
"Facility Fee" means a charge imposed for providing the borrower with access to a facility, regardless of whether the borrower utilizes the funds or not.
Definition of "Facility Fee" as a fee charged by the lender for keeping a financial facility open and accessible to the borrower, often based on the credit limit or facility size.
This definition ties "Facility Fee" to its role in keeping the facility open and accessible.
"Facility Fee" refers to a fee charged by the lender for keeping a financial facility open and accessible to the borrower, often based on the credit limit or facility size.
Definition of "Facility Fee" as a fee that the borrower is required to pay for the right to access a credit or loan facility, typically assessed as a percentage of the available amount.
This definition connects "Facility Fee" to the percentage-based assessment of the available amount.
"Facility Fee" means a fee that the borrower is required to pay for the right to access a credit or loan facility, typically assessed as a percentage of the available amount.
Definition of "Facility Fee" as a charge that the borrower pays for reserving the right to draw from a loan or credit facility, typically based on the amount of the available credit.
This definition ties "Facility Fee" to the concept of reserving the right to draw from the facility.
"Facility Fee" refers to a charge that the borrower pays for reserving the right to draw from a loan or credit facility, typically based on the amount of the available credit.
Definition of "Facility Fee" as a one-time or recurring fee paid by the borrower for access to a financial facility, which may be calculated as a percentage of the total credit limit.
This definition connects "Facility Fee" to its one-time or recurring nature and the percentage calculation.
"Facility Fee" means a one-time or recurring fee paid by the borrower for access to a financial facility, which may be calculated as a percentage of the total credit limit.
Definition of "Facility Fee" as a fee imposed for providing access to a specific financial facility, typically calculated based on the total credit amount or facility size, regardless of the borrower's use of the facility.
This definition ties "Facility Fee" to its calculation based on the credit amount or facility size.
"Facility Fee" refers to a fee imposed for providing access to a specific financial facility, typically calculated based on the total credit amount or facility size, regardless of the borrower's use of the facility.
Definition of "Facility Fee" as a charge for the availability of a loan or credit line, which may be assessed periodically or upfront, depending on the terms of the agreement.
This definition connects "Facility Fee" to its periodic or upfront assessment, depending on the terms.
"Facility Fee" means a charge for the availability of a loan or credit line, which may be assessed periodically or upfront, depending on the terms of the agreement.
Definition of "Facility Fee" as a payment made to the lender for the right to access a loan or credit facility, often calculated as a percentage of the total available credit.
This definition ties "Facility Fee" to its payment structure, based on the available credit.
"Facility Fee" refers to a payment made to the lender for the right to access a loan or credit facility, often calculated as a percentage of the total available credit.
Definition of "Facility Fee" as a fee that compensates the lender for the potential risk and administrative costs of providing the borrower with access to a financial facility.
This definition connects "Facility Fee" to its compensatory role for risk and administrative costs.
"Facility Fee" means a fee that compensates the lender for the potential risk and administrative costs of providing the borrower with access to a financial facility.
Definition of "Facility Fee" as a cost incurred by the borrower to maintain the availability of a financial facility, calculated based on the credit limit or total commitment.
This definition ties "Facility Fee" to its calculation based on the credit limit or commitment.
"Facility Fee" refers to a cost incurred by the borrower to maintain the availability of a financial facility, calculated based on the credit limit or total commitment.
Definition of "Facility Fee" as a fee payable by the borrower to the lender for making a credit facility available, often calculated as a fixed amount or percentage of the available loan amount.
This definition connects "Facility Fee" to its fixed or percentage-based calculation.
"Facility Fee" means a fee payable by the borrower to the lender for making a credit facility available, often calculated as a fixed amount or percentage of the available loan amount.
Definition of "Facility Fee" as a fee imposed by the lender for providing access to a financial facility, typically based on the borrower’s use or commitment to a specific loan amount.
This definition ties "Facility Fee" to the borrower’s use or commitment to the loan amount.
"Facility Fee" refers to a fee imposed by the lender for providing access to a financial facility, typically based on the borrower’s use or commitment to a specific loan amount.
Definition of "Facility Fee" as a fee charged for the availability of a loan or credit line, typically assessed as a percentage of the facility size or credit commitment, and payable periodically.
This definition connects "Facility Fee" to its percentage-based structure and periodic payments.
"Facility Fee" means a fee charged for the availability of a loan or credit line, typically assessed as a percentage of the facility size or credit commitment, and payable periodically.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.