Commitment fee: Difference between revisions
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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]] | ||
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.
