Interest Fee definition

Interest Fee has the meaning specified in paragraph 2.8.1.
Sample 1Sample 2
Interest Fee means a late charge equal to 10% of the amount of the payment or the highest amount permitted by applicable law, whatever is less.
Sample 1
Interest Fee means the fee charged for the Digital Term Loan facility. The Interest fee is subject to change at any time at the Bank’s sole discretion subject to giving you thirty (30) days’ notice of the proposed change.
Sample 1

Examples of Interest Fee in a sentence

  • On the ___ day of each month, Seller shall pay Purchaser an amount equal to the Supplemental Interest Fee.

  • To compensate Purchaser for the Supplemental Interest Receivables, Seller shall pay Purchaser a supplemental interest fee (the "Supplemental Interest Fee") on a monthly basis, which fee is intended by the parties to approximate the normal, market rate of interest for like receivables and shall be computed on terms mutually agreeable to the parties.

  • To calculate the amount of the Supplemental Interest Fee, Purchaser shall deliver to Seller on the __ day of each month, a schedule (the "Supplemental Interest Schedule"), which may be in electronic form, listing the total amount of Supplemental Interest Receivables and the total amount of interest, if any, payable on such Supplemental Interest Receivables.

  • Seller shall have the right to review, on a periodic basis, Purchaser's calculations of the amount of the Supplemental Interest Receivables and if there are disagreements as to the total amount of the Supplemental Interest Receivables or as to the appropriate calculation of the Supplemental Interest Fee, the parties agree to work together in good faith to resolve these differences and adjust, if necessary, the amount of the Supplemental Interest Fee.

  • Conversion information: Date to Effect Conversion Aggregate Principal Sum of Note Being Converted Aggregate Interest/ Fee of Principal Amount Being Converted Remaining Principal Balance Number of Shares of Common Stock to be Issued Applicable Conversion Price Signature Name Address EXHIBIT B WRITTEN CONSENT OF THE BOARD OF DIRECTORS OF PROGREEN US, INC.

  • For the purpose of comparing the “Prepayment Provision String” characteristic, Benefit Street, on behalf of the Issuer, instructed us not to consider any Exit Fee, Deferred Commitment Fee or Additional Interest Fee as a prepayment penalty.For certain Mortgage Loans, the applicable Source Document(s) indicate that a minimum interest payment (the “Minimum Interest Payment”) may be required in connection with a prepayment of the Mortgage Loan.

  • Commencing May 1, 2013 and at all times during the term of this Agreement, Borrower shall maintain an Average Revolver Usage of at least $5,000,000 or pay the Agent the Minimum Interest Fee on the terms and on the dates specified in Section 2.10(c) of this Agreement.

  • Table A1:Mortgage Loan Seller Mortgage Loan Underlying Property Characteristic Source Document Value Provided ValueJP Morgan 740 Madison NAP Detailed Property Type Anchored Single TenantYear Renovated 2016 2017Single Tenant (Yes/No) No YesLockbox Springing Hard HardJP Morgan/GACC Starwood Capital Group Hotel Portfolio Courtyard Wichita Falls Year Renovated <blank> 2017See Note (1) Ownership Interest Fee Simple/Leasehold Fee SimpleExhibit 2 to Attachement A Page 10 of 24Notes: (continued)4.

  • Table A1: Collateral Interest Underlying Property Characteristic Provided Value15 Park Row NAP Year Renovated OngoingImperial Plaza NAP Ownership Interest Fee SimpleExhibit 2 to Attachment A Page 8 of 13Notes: (continued)3.

  • For the purpose of comparing the “Prepayment Provision String” characteristic, Benefit Street, on behalf of the Issuer, instructed us not to consider any Exit Fee, Deferred Commitment Fee or Additional Interest Fee as a prepayment penalty.


More Definitions of Interest Fee

Interest Fee means 1.25% of the applicable outstanding amount owed by you to us for each Reporting Period or any fraction thereof, but in no event greater than allowed by applicable law. In the event it is determined that the Interest Fee is greater than allowed by applicable law, the Interest Fee shall be reduced to the greatest amount that is allowable by applicable law.
Sample 1

Related to Interest Fee

  • Prepayment Fee is, with respect to any Term Loan subject to prepayment prior to the Maturity Date, whether by mandatory or voluntary prepayment, acceleration or otherwise, an additional fee payable to the Lenders in amount equal to:

  • Late Payment Fee means the excess of the Price Differential paid as a result of its calculation at the Post-Default Rate over the Price Differential as would have been calculated at the Pricing Rate.

  • Exit Fee shall have the meaning specified in the Fee Letter.

  • Default Fee means with respect to any amount due and payable by Seller in respect of any Aggregate Unpaids, an amount equal to the greater of (i) $1000 and (ii) interest on any such unpaid Aggregate Unpaids at a rate per annum equal to 3.50% above the Alternate Base Rate.

  • Rental Fee A fee charged by the Contractor for the rental of a compactor or roll-off container.

  • Ticking Fee has the meaning specified in Section 2.09(b).

  • Mandatory Guest Fee means any separate fee that a patron or guest is charged for in addition to the base room rate for a guest room, including but not limited to resort fees, facility fees, destination fees, amenity fees, urban destination fees, or any other similar fee. Mandatory Guest Fees do not include employee gratuities, state or local mandatory taxes, and other tax-like fees and assessments that are levied on a stay, as determined by us, that are passed through to a third party (such as tourism public improvement district fees, tourism or improvement assessments, and convention center fees).

  • L/C Fee has the meaning specified in Section 2.03(i).

  • Permit Fee means a fee in an amount established by the SFMTA Board, required to be paid by a permit applicant for permit issuance or renewal, including any late payment penalties or interest for failure to pay in accordance with the requirements of this Article and any other regulations adopted by the SFMTA Board.

  • Contract Fee means the lump sum rates as outlined in Schedule ‘B’ – Quote Form.

  • PIK Interest Rate means (a) in respect of any Interest Period, the Additional Tax Payer Protection Rate plus (b) in respect of any Interest Period ending on or prior to the first anniversary of the date hereof, the Adjusted LIBO Rate plus the Applicable Rate.

  • Facility Fee has the meaning specified in Section 2.09(a).

  • Commitment Fee has the meaning specified in Section 2.09(a).

  • Interest Funds With respect to each Mortgage Group and any Payment Date, (a) the sum of, without duplication, (1) all interest collected (other than the interest portion of Payaheads and Prepayment Premiums) or advanced in respect of Scheduled Payments on the Mortgage Loans in such Mortgage Group during the related Due Period by the Servicer, the Subservicer, the Master Servicer or the Indenture Trustee (solely in its capacity as successor Master Servicer), minus, (x) to the extent provided under Sections 4.02(e)(3) and (4) and Sections 5.08(i) and (ii) herein, previously unreimbursed Advances and Nonrecoverable Advances due to the Servicer, the Subservicer, the Master Servicer or the Indenture Trustee (solely in its capacity as successor master servicer) to the extent allocable to interest and the allocable portion of previously unreimbursed Servicing Advances with respect to the Mortgage Loans in such Mortgage Group, (y) the Servicing Administration Fee and Master Servicing Fee with respect to such Mortgage Loans in such Mortgage Group and (z) any fees and expenses of any Custodian with respect to the Mortgage Loans in such Mortgage Group to the extent not paid by the Seller or its Affiliates, (2) any Compensating Interest Payments or payments in respect of Prepayment Interest Shortfalls paid by the Master Servicer pursuant to Section 5.21 with respect to the related Prepayment Period with respect to the Mortgage Loans in such Mortgage Group, (3) the portion of any Purchase Price or Substitution Amount paid with respect to the Mortgage Loans in such Mortgage Group during the related Prepayment Period allocable to interest, and (4) all Net Liquidation Proceeds, Insurance Proceeds and any other recoveries collected with respect to the Mortgage Loans in such Mortgage Group during the related Prepayment Period, to the extent allocable to interest, as reduced by (b) such Mortgage Group’s pro rata share of: (i) the Owner Trustee Fee, (ii) any costs, expenses or liabilities reimbursable or otherwise due to the Master Servicer, Servicer, the Subservicer, the Indenture Trustee, any Custodian, the Owner Trustee or the Trust Administrator to the extent provided in this Agreement, the Trust Agreement, the Indenture and any Custodial Agreement and (iii) any Net Swap Payment.

  • Monthly Fee means the total consideration, including but not limited to, equipment or locker rental,

  • Maintenance Fee The Maintenance Fee (see Contract Schedule I) will be deducted during the Accumulation Period from the Current Value on each anniversary of the date the Account is established and upon surrender of the entire Account.

  • Usage Fee means the subscription fees to be paid by the Agency for ongoing access to Services.

  • Distribution Fee means a percentage of MRP of each of the Subscribed Channels payable by SDSPL to the Licensee towards fee for distribution of each of the Subscribed Channels as more specifically specified in Annexure B and Annexure B-1 of this Agreement.

  • Origination Fee means any origination fee payable to the Department by the lender with respect to any Trust Student Loan.

  • Upfront Fee has the meaning specified in Section 2.07 hereof.

  • Base Servicing Fee means the fee payable to the Servicer on each Distribution Date for services rendered during the related Collection Period, which shall be equal to one-twelfth of the Servicing Rate multiplied by the Pool Balance as of the close of business on the last day of the immediately preceding Collection Period or, with respect to the first Distribution Date, the Original Pool Balance.

  • Utilization Fee shall have the meaning assigned to such term in Section 2.06(b).

  • Late Payment Charge means the charge that is applied when either Party fails to remit payment for any charges by the Bill Due Date, or if payment for any portion of the charges is received after the Bill Due Date, or if payment for any portion of the charges is received in funds which are not immediately available or received by either Party as of the Bill Due Date, or if either Party does not submit the Remittance Information.

  • Interest Subsidy Payments means payments, designated as such, consisting of interest subsidies by the Department in respect of the Trust Student Loans to the Eligible Lender Trustee on behalf of the Trust in accordance with the Higher Education Act.

  • Loan Fee shall have the meaning assigned in Section 5.1.