Commitment fee: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Administrator (CSV import) |
imported>Doug Williamson (Add definition. Source: Linked pages) |
||
(2 intermediate revisions by the same user not shown) | |||
Line 1: | Line 1: | ||
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. | 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 ''commitment commission''. | |||
== See also == | == See also == | ||
* [[An introduction to loan finance]] | |||
* [[Committed]] | * [[Committed]] | ||
* [[Facility fee]] | * [[Facility fee]] | ||
* [[Share of wallet]] | |||
* [[Utilisation fee]] | * [[Utilisation fee]] | ||
[[Category:Long_term_funding]] |
Latest revision as of 08:36, 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 commitment commission.