B/A Fee definition

B/A Fee means the fee payable with respect to a B/A that is calculated in accordance with Section 5.3(4).

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B/A Fee has the meaning provided in Section 2.09(c).

B/A Fee means, with respect to a Bankers’ Acceptance or B/A Equivalent Loan, as applicable, the amount that is calculated by multiplying the face amount of the Bankers’ Acceptance or B/A Equivalent Loan, as applicable, by the Applicable Rate for B/A Fees, and multiplying the result by a fraction, the numerator of which is the term of the Bankers’ Acceptance or B/A Equivalent Loan, as applicable, and the denominator of which is the number of days in the calendar year.

Examples of B/A Fee in a sentence

• The Lender shall provide to the Canadian Agent’s account for payments of the BA Proceeds less the BA Fee payable by the applicable Canadian Borrower with respect to the Bankers’ Acceptance.

• Notwithstanding the foregoing, WFS Europe and WFS Singapore shall have no obligation to pay any BA Fee in connection with Bankers’ Acceptances issued solely for the account of WFS or any Domestic Subsidiary.

• Each Non BA Lender also shall be entitled to deduct from each Canadian BA Equivalent Loan an amount equal to the Canadian BA Fee that would have been applicable had it been able to accept Canadian BA’s.

• Each Lender's share of an Advance by way of B/As shall be delivered net of the applicable B/A Fee.

• In relation to Bankers’ Acceptances and BA Equivalent Loans, the Canadian Agent shall credit to the applicable Canadian Borrower’s account on the applicable Borrowing Date the BA Proceeds less the applicable BA Fee with respect to each Bankers’ Acceptance purchased and each BA Equivalent Loan advanced by a Lender on that Borrowing Date.

• Upon acceptance of each Bankers’ Acceptance or the making of each B/A Equivalent Loan, the applicable Canadian Borrower shall pay to the applicable Revolving Lenders the B/A Fee.

• Each Lender’s share of an Advance by way of B/As shall be delivered net of the applicable B/A Fee.

• In relation to Bankers’ Acceptances and BA Equivalent Loans, the Administrative Agent or the Canadian Agent, as applicable, shall credit to the applicable Canadian Borrower’s account on the applicable Borrowing Date the BA Proceeds less the applicable BA Fee with respect to each Bankers’ Acceptance purchased and each BA Equivalent Loan advanced by a Lender on that Borrowing Date.

• To facilitate such payment, each such Revolving Lender shall be entitled to deduct and retain for its own account the amount of such B/A Fee from the amount to be transferred by such Revolving Lender to the Administrative Agent for the account of the applicable Canadian Borrower pursuant to this Agreement in respect of the purchase of the related Bankers’ Acceptance or of such B/A Equivalent Loan.

• In relation to Banker’s Acceptance Loans, the Canadian Administrative Agent shall credit to the applicable Canadian Borrower’s account on the applicable Borrowing Date the BA Proceeds less the applicable BA Fee with respect to each B/A Instrument purchased by a Lender on that Borrowing Date.

More Definitions of B/A Fee

B/A Fee means the fee payable with respect to a B/A that is calculated in accordance with Section 6.3(d) . "Bank Debt Representatives" has the meaning ascribed thereto in the Peruvian Intercreditor Agreement. "Bank Debt Secured Parties" has the meaning ascribed thereto in the Peruvian Intercreditor Agreement. "Banking Day" means a day of the year, other than a Saturday or a Sunday, on which: