{"component": "clause", "props": {"groups": [{"snippet_links": [{"key": "canadian-borrowers", "type": "clause", "offset": [65, 83]}, {"key": "canadian-bank", "type": "definition", "offset": [92, 105]}, {"key": "ba-discount-proceeds", "type": "definition", "offset": [185, 205]}, {"key": "in-respect-of", "type": "definition", "offset": [242, 255]}, {"key": "per-annum", "type": "definition", "offset": [319, 328]}, {"key": "equal-to", "type": "definition", "offset": [329, 337]}, {"key": "the-applicable", "type": "clause", "offset": [338, 352]}, {"key": "fee-rate", "type": "clause", "offset": [364, 372]}, {"key": "face-amount", "type": "clause", "offset": [391, 402]}, {"key": "basis-of", "type": "clause", "offset": [451, 459]}, {"key": "days-in", "type": "definition", "offset": [474, 481]}, {"key": "term-of", "type": "clause", "offset": [486, 493]}, {"key": "a-year", "type": "definition", "offset": [523, 529]}], "samples": [{"hash": "fyZng9lL6qc", "uri": "/contracts/fyZng9lL6qc#acceptance-fee", "label": "Global Revolving Credit Agreement (Ryder System Inc)", "score": 32.1348381042, "published": true}, {"hash": "j5oO5PFSQdQ", "uri": "/contracts/j5oO5PFSQdQ#acceptance-fee", "label": "Global Revolving Credit Agreement (Ryder System Inc)", "score": 29.7529087067, "published": true}, {"hash": "3RJtNBUBqcH", "uri": "/contracts/3RJtNBUBqcH#acceptance-fee", "label": "Global Revolving Credit Agreement (Ryder System Inc)", "score": 22.4455852509, "published": true}], "size": 10, "snippet": "An acceptance fee (the \u201cAcceptance Fee\u201d) shall be payable by the Canadian Borrowers to each Canadian Bank and each Canadian Bank shall deduct the amount of such Acceptance Fee from the BA Discount Proceeds (in the manner specified in \u00a73.1(g) in respect of each Bankers\u2019 Acceptance), said fee to be calculated at a rate per annum equal to the Applicable Acceptance Fee Rate calculated on the face amount of such Bankers\u2019 Acceptance and computed on the basis of the number of days in the term of such Bankers\u2019 Acceptance and a year of 365 days.", "hash": "f0671bf1c1eb255e1612517210b7e25c", "id": 1}, {"snippet_links": [{"key": "per-annum", "type": "definition", "offset": [14, 23]}], "samples": [{"hash": "5gFd8xrPbyi", "uri": "/contracts/5gFd8xrPbyi#acceptance-fee", "label": "Investment Management Trust Agreement (Drugs Made in America Acquisition Corp.)", "score": 34.0800819397, "published": true}, {"hash": "9EPCtsASlFy", "uri": "/contracts/9EPCtsASlFy#acceptance-fee", "label": "Investment Management Trust Agreement (Drugs Made in America Acquisition Corp.)", "score": 33.8501014709, "published": true}, {"hash": "7gNjg9GoNA7", "uri": "/contracts/7gNjg9GoNA7#acceptance-fee", "label": "Investment Management Trust Agreement (Drugs Made in America Acquisition Corp.)", "score": 33.7378501892, "published": true}], "size": 8, "snippet": "Waived $7,500 per annum", "hash": "b3bd3d16bf6d515f67e1bd76a0bdd0a7", "id": 5}, {"snippet_links": [{"key": "initial-services", "type": "definition", "offset": [4, 20]}, {"key": "associated-with", "type": "definition", "offset": [21, 36]}, {"key": "the-escrow-account", "type": "clause", "offset": [50, 68]}, {"key": "fee-payable", "type": "clause", "offset": [89, 100]}, {"key": "execution-of-the-agreement", "type": "clause", "offset": [106, 132]}], "samples": [{"hash": "4srFDQBbE8Q", "uri": "/contracts/4srFDQBbE8Q#acceptance-fee", "label": "Escrow Agreement (Cur Media, Inc.)", "score": 26.8302536011, "published": true}, {"hash": "1mdzfTwdmDt", "uri": "/contracts/1mdzfTwdmDt#acceptance-fee", "label": "Escrow Agreement (Enumeral Biomedical Holdings, Inc.)", "score": 26.6167011261, "published": true}, {"hash": "kxURUOzK0hB", "uri": "/contracts/kxURUOzK0hB#acceptance-fee", "label": "Escrow Agreement (Enumeral Biomedical Holdings, Inc.)", "score": 25.8583164215, "published": true}], "size": 8, "snippet": "For initial services associated with establishing the Escrow Account. 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The Acceptance Fee shall be payable in arrears on the fifth (5th) day of each January, April, July, and October and on the Termination Date for any three (3) month period, or shorter period if calculated for the period beginning on the Effective Date or for such period ending on the Termination Date, in which an Acceptance was issued and/or in which an Acceptance remained outstanding.After the occurrence and during the continuance of an Event of Default, at the option of the Administrative Agent or upon the direction of the Required Lenders, the Acceptance Fee shall be increased by an amount equal to two percent (2%) per annum. Subject to Section 9.14, the Acceptance Fee shall be computed on the basis of the actual number of days elapsed over a year of 365 or 366 days, as applicable. In addition, the Borrowers shall pay to the Acceptance Lender for its own account a fronting fee with respect to each Acceptance, at a rate equal to 0.125% percent per annum, computed on the amount of such Acceptance, computed on the basis of the actual number of days elapsed over a \u200b year of 365 or 366 days, as applicable, and payable on the fifth (5th) day of each January, April, July and October, in arrears.", "hash": "364ad234fcde44731e8cbf49a01c7ac7", "id": 7}, {"snippet_links": [{"key": "acceptance-of-the", "type": "clause", "offset": [13, 30]}, {"key": "agency-appointment", "type": "clause", "offset": [38, 56]}, {"key": "the-study", "type": "definition", "offset": [58, 67]}, {"key": "the-escrow-agreement", "type": "clause", "offset": [71, 91]}, {"key": "documents-submitted", "type": "clause", "offset": [122, 141]}, {"key": "in-connection-with", "type": "clause", "offset": [142, 160]}, {"key": "execution-and-delivery", "type": "clause", "offset": [165, 187]}, {"key": "working-group", "type": "definition", "offset": [237, 250]}], "samples": [{"hash": "2FDI76TsBD7", "uri": "/contracts/2FDI76TsBD7#acceptance-fee", "label": "Asset Purchase and Sale Agreement (Prometheus Laboratories Inc)", "score": 21.0, "published": true}, {"hash": "1v7kKHTbT7M", "uri": "/contracts/1v7kKHTbT7M#acceptance-fee", "label": "Asset Purchase and Sale Agreement (Prometheus Laboratories Inc)", "score": 21.0, "published": true}], "size": 6, "snippet": "To cover the acceptance of the Escrow Agency appointment, the study of the Escrow Agreement, and supporting due diligence documents submitted in connection with the execution and delivery thereof, communication with other members of the working group: $[***]", "hash": "90fc79e54a08ad2a8458c4c949f9e1e7", "id": 8}, {"snippet_links": [{"key": "initial-fees", "type": "definition", "offset": [7, 19]}, {"key": "relate-to", "type": "definition", "offset": [28, 37]}, {"key": "wilmington-trust", "type": "clause", "offset": [38, 54]}, {"key": "capacity-of-trustee", "type": "clause", "offset": [69, 88]}, {"key": "investment-management", "type": "clause", "offset": [116, 137]}, {"key": "trustee-agreement", "type": "definition", "offset": [138, 155]}, {"key": "trustee-appointment", "type": "definition", "offset": [175, 194]}, {"key": "setting-up", "type": "definition", "offset": [196, 206]}, {"key": "receipt-of-funds", "type": "clause", "offset": [275, 291]}, {"key": "to-the-trust", "type": "clause", "offset": [313, 325]}, {"key": "payable-at", "type": "definition", "offset": [353, 363]}, {"key": "agreement-execution", "type": "clause", "offset": [378, 397]}], "samples": [{"hash": "fInjFxdRLUJ", "uri": "/contracts/fInjFxdRLUJ#acceptance-fee", "label": "Investment Management Trust Agreement (Future Vision II Acquisition Corp.)", "score": 31.6502399445, "published": true}, {"hash": "bY8PZiRl2ix", "uri": "/contracts/bY8PZiRl2ix#acceptance-fee", "label": "Investment Management Trust Agreement (Future Vision II Acquisition Corp.)", "score": 31.6119098663, "published": true}, {"hash": "ddru7SIDg1Y", "uri": "/contracts/ddru7SIDg1Y#acceptance-fee", "label": "Investment Management Trust Agreement (Future Vision II Acquisition Corp.)", "score": 31.5845317841, "published": true}], "size": 4, "snippet": "Waived Initial Fees as they relate to Wilmington Trust acting in the capacity of Trustee and includes review of the Investment Management/Trustee Agreement; acceptance of the Trustee appointment; setting up of the Trust Account(s) and associated records; and coordination of receipt of funds, if any, for deposit to the Trust Account(s). Acceptance Fee payable at time of Trust Agreement execution", "hash": "33aca72bf4638dd7d79f3fcabc151d1b", "id": 10}], "next_curs": "ClcSUWoVc35sYXdpbnNpZGVyY29udHJhY3RzcjMLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhdhY2NlcHRhbmNlLWZlZSMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"title": "Acceptance Fee", "parents": [["bankers-acceptances", "Bankers Acceptances"], ["amount-and-terms-of-credit", "Amount and Terms of Credit"], ["interest-and-fees", "INTEREST AND FEES"], ["consideration", "Consideration"], ["fees", "Fees"]], "size": 167, "children": [["ccusa-flight-option", "CCUSA Flight option"], ["own-flight-option", "Own Flight option"], ["", ""], ["severability", "Severability"], ["indemnification", "Indemnification"]], "id": "acceptance-fee", "related": [["cash-advance-fee", "Cash Advance Fee", "Cash Advance Fee"], ["issuance-fee", "Issuance Fee", "Issuance Fee"], ["maintenance-fee", "Maintenance Fee", "Maintenance Fee"], ["payment-of-referral-fee", "PAYMENT OF REFERRAL FEE", "PAYMENT OF REFERRAL FEE"], ["performance-fee", "Performance Fee", "Performance Fee"]], "related_snippets": [], "updated": "2026-01-24T04:39:55+00:00", "also_ask": ["What are the standard market rates and structures for acceptance fees in similar transactions?", "Which party typically bears the acceptance fee, and how can this be negotiated to our advantage?", "What are the essential drafting elements to ensure the acceptance fee is clearly defined and enforceable?", "What legal risks or ambiguities could render the acceptance fee clause unenforceable in court?", "How do acceptance fee provisions in this agreement compare to those in other jurisdictions or industry standards?"], "drafting_tip": "Specify the acceptance fee amount and payment terms to prevent disputes; define triggering events for the fee to ensure clarity; state consequences of non-payment to reinforce enforceability.", "explanation": "An Acceptance Fee clause defines a specific fee that a borrower must pay to a lender upon the acceptance of a loan or credit facility. This fee is typically charged as a percentage of the total loan amount or as a fixed sum, and is payable either upfront or at the time the facility is made available. The core function of this clause is to compensate the lender for committing to provide the funds, covering administrative costs and reserving capital, thereby ensuring the lender is remunerated for making the facility available regardless of whether the borrower ultimately draws down the full amount."}, "json": true, "cursor": ""}}