Glossary / finance terms
Commitment fee
A charge on the undrawn or otherwise defined available portion of a committed facility.
Why the distinction matters
Check the fee base, availability dates and payment timing. The fee rate is not charged on the same amount as drawn interest in every period.
Read the structure
Funding a build from land and power milestones to a financeable operating asset.
Data centre construction finance ↗In the filed deals
CoreWeave's DDTL 3.0, 4.0, 5.0 and 5.5 each carry a 0.50% undrawn fee; the DDTL 2.1 tranche carried a 3.00% commitment fee.
For in-house counsel
Take it to the documents
The filed wording behind GPU and data centre financings, for either side of the table. Previews are open; the full text is free with InfraCompute Weekly.
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Related terms
Explanatory definition, not a statement that a particular transaction contains this term or a substitute for its contractual definition.
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