Commitment commission: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Create page. Sources: Linked pages.) |
(No difference)
|
Latest revision as of 08:37, 1 June 2023
A fee payable by a potential borrower to a potential lender, in consideration of the lender undertaking the legal commitment to advance the funds under the terms of the facility agreement.
Sometimes known as a commitment fee.