Mandatory Cost definition

Mandatory Cost means, with respect to any period, the percentage rate per annum determined in accordance with Schedule 1.01.
Mandatory Cost means, with respect to any period, the percentage rate per annum determined in accordance with Schedule 1.01D.

Examples of Mandatory Cost in a sentence

  • The Mandatory Cost is an addition to the interest rate to compensate Lenders for the cost of compliance with (a) the requirements of the Bank of England and/or the Financial Services Authority (or, in either case, any other authority which replaces all or any of its functions) or (b) the requirements of the European Central Bank.

  • Mandatory Cost Sharing Mandatory cost sharing will only be required for NSF programs when explicitly authorized by the NSF Director, the NSB, or legislation.

  • Mandatory Cost Sharing Commitments ..................................................................................

  • The Facility Agent must distribute each amount of Mandatory Cost among the Lenders on the basis of the rate for each Lender.

  • Mandatory Cost Sharing Records and Reports ......................................................................


More Definitions of Mandatory Cost

Mandatory Cost is described in Schedule 2.02.
Mandatory Cost means any amount incurred periodically by any Lender during the term of the Facility which constitutes fees, costs or charges imposed on lenders generally in the jurisdiction in which such Lender is domiciled, subject to regulation, or has its Facility Office by any Governmental Authority.
Mandatory Cost means any amount incurred periodically by the Lender during the term of the Facility which constitutes fees, costs or charges imposed on lenders generally in the jurisdiction in which the Lender is domiciled, subject to regulation, or has its Facility Office by any Governmental Authority.
Mandatory Cost means the cost imputed to the Lender(s) of compliance with the mandatory liquid assets requirements of the Bank of England and/or the banking supervision or other costs of the Financial Services Authority or European Central Bank or any successor body exercising their functions in this respect as determined in accordance with Schedule 1.1(b).
Mandatory Cost means the percentage rate per annum calculated by the Administrative Agent in accordance with Schedule 1.1(d).