TERMIUM Plus®

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UTILISATION FEE [1 record]

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Record 1 1998-04-17

English

Subject field(s)
  • Banking
CONT

Utilisation fees are charged on a small number of facilities and range up to 20 basis points depending on the degree of utilisation of the underwriting commitment.

Key term(s)
  • utilization fee

French

Domaine(s)
  • Banque
CONT

En contrepartie de ces obligations, les banques perçoivent trois commissions libellés dans la monnaie de référence du contrat : - une commission de direction (...) - une commission d'engagement (...) - une commission d'utilisation résultant de l'application d'un pourcentage au montant moyen sur une période donnée de l'encours des tirages et versée à des échéances déterminées par la société signataire à l'agent du crédit pour le compte des banques au prorata de leurs engagements respectifs.

Spanish

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