BA Acceptance Fee definition

BA Acceptance Fee means, with respect to Bankers' Acceptances, the fee, expressed as a rate per annum, payable to each Lender or retained by each Lender, in each case with respect to Bankers' Acceptances to be accepted and purchased by such Lender as set forth in the table in the definition of Applicable Margin for Bankers' Acceptances;
Sample 1
BA Acceptance Fee means, for each issuance of a BA Draft or a BA Equivalent Note, a fee in the amount calculated by multiplying the face amount of such BA Draft or principal amount of such BA Equivalent Loan by an amount equal to the Applicable Margin and then multiplying the product so obtained by a fraction (x) the numerator of which is the number of days in the term to maturity of such BA Draft or BA Equivalent Note and (y) the denominator of which is 365 days (or 366 days in the case of a Bankers’ Acceptance which matures in a leap year).
Sample 1
BA Acceptance Fee means, in respect of each Bankers’ Acceptance, a fee calculated on the basis of a 365 or 366 day year at a rate per annum for the actual number of days in the relevant Interest Period equal to the Applicable Margin as at the date of issuance of such Bankers’ Acceptance, subject to adjustment pursuant to Section 5.6 , multiplied by the aggregate face amount of the applicable Bankers’ Acceptance. “ BA Rate ” means the BA Schedule I Rate or the BA Schedule II Rate, as the case may be. “ BA Rate Loan ” shall have the meaning ascribed thereto in Section 6.2 .
Sample 1

Examples of BA Acceptance Fee in a sentence

  • With respect to each BA Draft of the Borrower accepted pursuant hereto and each BA Equivalent Note issued hereunder, the Borrower shall pay to the Lenders, in advance, the BA Acceptance Fee therefor.

  • The Borrower shall pay acceptance fees in Canadian Dollars at the Administrative Agent’s Account for Payments forthwith upon the acceptance by each Lender of each Bankers’ Acceptance issued by the Borrower at a rate per 365-day period equal to the BA Acceptance Fee applicable to and in effect on the date of acceptance of such Bankers’ Acceptance, calculated on the face amount of such Bankers’ Acceptance and on the basis of the number of days in the term of such Bankers’ Acceptance divided by 365.

  • Concurrently with the making of a BA Equivalent Advance, a Non-Acceptance Lender shall be entitled to deduct therefrom an amount equal to the BA Acceptance Fee which, but for this Section 3.6(h), such Lender would otherwise be entitled to receive as part of such issue of Bankers’ Acceptances.

  • The BA Discount Rate and BA Acceptance Fee for each BA Loan under the Canadian Revolving Credit Facility shall be determined in accordance with the provisions of Section 2.18.

  • The BA Acceptance Fee payable by the Parent Borrower to such Canadian Revolving Lender under SECTION 2.12(c) in respect of each Bankers' Acceptance accepted and purchased by such Canadian Revolving Lender from the Parent Borrower shall be netted out of the BA Discount Proceeds payable by such Canadian Revolving Lender under this SECTION 2.06(f).

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  • Each BA Acceptance Fee shall be due and payable in advance on the date of issuance of the applicable Bankers' Acceptance in the manner specified in SECTION 2.06(f) hereof.

  • Concurrently with the making of a BA Equivalent Advance, a Non-Acceptance Lender shall be entitled to deduct therefrom an amount equal to the BA Acceptance Fee which, but for this Section 3.8(j), such Lender would otherwise be entitled to receive as part of such issue of Bankers’ Acceptances.

  • All computations of interest for (i) Base Rate Loans, U.S. Base Rate Loans and Canadian Prime Rate Loans when the Base Rate, U.S. Base Rate or Canadian Prime Rate is determined by Bank of America’s or Bank of America (Canada Branch)’s “prime rate” or “reference rate”, as applicable, or (ii) the BA Acceptance Fee, shall be made on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed.

  • Each Non-BA Lender shall, before 1:00 p.m. (New York time) on the date of each Drawing, make available to the Administrative Agent in immediately available funds at the Administrative Agent’s Office, the amount of the BA Equivalent Advance, less an amount equal to the BA Acceptance Fee that would have been applicable to the Notional Bankers’ Acceptance had it been a Bankers’ Acceptance.


More Definitions of BA Acceptance Fee

BA Acceptance Fee means, for each issuance of a Bankers’ Acceptance or a BA Equivalent Note, a fee in the amount calculated by multiplying the face amount of such Bankers’ Acceptance or principal amount of such BA Equivalent Loan by an amount equal to the Applicable Margin and then multiplying the product so obtained by a fraction (x) the numerator of which is the number of days in the term to maturity of such Bankers' Acceptance or BA Equivalent Note and (y) the denominator of which is 365 days (or 366 days in the case of a Bankers' Acceptance which matures in a leap year).
Sample 1
BA Acceptance Fee has the meaning set forth in SECTION 2.12(c).
Sample 1
BA Acceptance Fee has the meaning specified in Section 2.10(b)(iii).
Sample 1

Related to BA Acceptance Fee

  • Acceptance Fee means a fee payable in Canadian Dollars by the Canadian Borrower to the Administrative Agent for the account of a Canadian Lender with respect to the acceptance of a B/A or the making of a B/A Equivalent Loan on the date of such acceptance or loan, calculated on the face amount of the B/A or the B/A Equivalent Loan at the rate per annum applicable on such date as set forth in the row labeled “Fixed Rate Spread” in the definition of the term “Applicable Percentage” on the basis of the number of days in the applicable Contract Period (including the date of acceptance and excluding the date of maturity) and a year of 365 days (it being agreed that the rate per annum applicable to any B/A Equivalent Loan is equivalent to the rate per annum otherwise applicable to the Bankers’ Acceptance which has been replaced by the making of such B/A Equivalent Loan pursuant to Section 2.24).

  • Acceptance Day shall have the meaning specified in paragraph 2B(5).

  • Cash Advance Fee means a cash advance fee or similar fee that is charged to an Account under the related Credit Card Agreement.

  • Non-Extension Drawing has the meaning specified in Section 3.5(d).

  • Acceptance period, as used in this provision, means the number of calendar days available to the PHA/IHA for awarding a contract from the date specified in this solicitation for receipt of bids.

  • Date of Acceptance means the date, which appears on the Notice of Acceptance and if no date appears is the date on which the Principal sent the Notice of Acceptance accepting the Contractor’s Tender.

  • Discounted Prepayment Effective Date means in the case of a Borrower Offer of Specified Discount Prepayment, Borrower Solicitation of Discount Range Prepayment Offer or Borrower Solicitation of Discounted Prepayment Offer, five (5) Business Days following the Specified Discount Prepayment Response Date, the Discount Range Prepayment Response Date or the Solicited Discounted Prepayment Response Date, as applicable, in accordance with Section 2.05(a)(v)(B)(1), Section 2.05(a)(v)(C)(1) or Section 2.05(a)(v)(D)(1), respectively, unless a shorter period is agreed to between the Borrower and the Auction Agent.

  • Acceptance and Prepayment Notice means a notice of the Borrower’s acceptance of the Acceptable Discount in substantially the form of Exhibit M.

  • Acceptance Date has the meaning set forth in Section 2.05(a)(v)(D)(2).

  • Acceptance Letter means the letter from Adviser to BD pursuant to which the Adviser appoints BD as a Broker Dealer for each series of MuniPreferred issued by any Fund that has executed a Request Letter.

  • Letter of Acceptance means the letter of formal acceptance, signed by the contractor. Procuring Entity, including any annexed memoranda comprising agreements between and signed by both Parties.

  • Cash Advance Fees shall have the meaning specified in the Credit Card Agreement applicable to each Account for cash advance fees or similar terms.

  • Notice of Acceptance means the written notification and any accompanying documentation sent to the Consultant by the Principal advising acceptance of its Tender to provide the Services under the Contract.

  • Non-Extension Notice has the meaning specified in Section 2.10.

  • Non-Extension Notice Date has the meaning specified in Section 2.03(b)(iii).

  • Final Acceptance Date means, in respect of any Offer, the final date for acceptance of such Offer which, if such Offer is extended prior to becoming unconditional, shall be the final date for acceptance of the extended Offer (but, if such Offer is or becomes unconditional, disregarding any additional or further period during which such Offer is open for acceptance);

  • L/C Participation Fee shall have the meaning assigned to such term in Section 2.05(c).

  • Discounted Prepayment Option Notice has the meaning specified in Section 2.05(d)(ii).

  • Non-Extension Advance means an Advance made pursuant to Section 2.02(b).

  • Advance fee means any consideration paid or given, directly or indirectly, to a mortgage lender, secondary mortgage broker or originator required to be licensed or registered pursuant to sections 36a-510 to 36a-524, inclusive, as amended by this act, prior to the closing of a secondary mortgage loan to any person, including, but not limited to, loan fees, points, broker's fees or commissions, transaction fees, or similar prepaid finance charges;

  • Competitive Bid Accept/Reject Letter means a notification made by the Borrower pursuant to Section 2.03(d) in the form of Exhibit D-4.