BA Stamping Fee definition

BA Stamping Fee means the amount calculated by multiplying the face amount of a Bankers’ Acceptance or a BA Equivalent Note by the BA Stamping Fee Rate and then multiplying the result by a fraction, the numerator of which is the number of days to elapse from and including the date of acceptance of such Bankers’ Acceptance or purchase of such BA Equivalent Note by a Canadian Lender up to but excluding the maturity date of such Bankers’ Acceptance or BA Equivalent Note and the denominator of which is 365.

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BA Stamping Fee means the fee charged by the Lenders for endorsing a Bankers' Acceptance under Section 3.4;

BA Stamping Fee shall have the meaning set out in Section 4.1(c).

Examples of BA Stamping Fee in a sentence

• Payment of the BA Stamping Fee may be made by way of set-off as provided in Section 9.4.

• Dollars and calculated on the face amount of each Bankers’ Acceptance accepted by such Lender at the rate per annum equal to the Applicable Pricing Margin for the BA Stamping Fee, computed on the basis of the number of days to but excluding the maturity date of such Bankers’ Acceptance and a year of 365 days.

• Concurrently with the making of a BA Equivalent Loan, a Non-BA Lender shall be entitled to deduct therefrom an amount equal to the BA Stamping Fee which such Lender would otherwise be entitled to receive pursuant to Section 3.4 as part of such BA Issue if such Lender was accepting Bankers’ Acceptances, based on the amount payable on the maturity date of such BA Equivalent Loan.

• Each Lender, other than a Non-BA Lender, hereby agrees to purchase, or arrange for purchase of, at the BA Discount Rate, each Bankers’ Acceptance accepted by it and to provide to the Agent for the account of the Borrower, or if such Lender is the Operating Facility Lender, to provide to the Borrower, for value on the date of purchase of such Bankers’ Acceptance, the BA Discount Proceeds for such Bankers’ Acceptance less the BA Stamping Fee for such Bankers’ Acceptance.

• The Bankers' Acceptance Stamping Fee shall be calculated at the applicable BA Stamping Fee Rate, based on a year of 365 days.

• Concurrently with the making of a BA Equivalent Advance, a Non-BA Lender shall be entitled to deduct therefrom an amount equal to the BA Stamping Fee which such Lender would otherwise be entitled to receive pursuant to Section 3.4 as part of such BA Issue if such Lender was accepting Bankers’ Acceptances, based on the amount payable on the maturity date of such BA Equivalent Advance.

• The BA Stamping Fee payable by the Borrower to a Lender in respect of each Bankers’ Acceptance by such Lender will be set off against the Discount Proceeds payable by such Lender under this Section 3.4(a).

• Each Lender, other than a Non-BA Lender, hereby agrees to purchase, or arrange for purchase of, at the BA Discount Rate, each Bankers' Acceptance accepted by it and to provide to the Agent for the account of the Borrower, or if such Lender is the Operating Facility Lender, to provide to the Borrower, for value on the date of purchase of such Bankers' Acceptance, the BA Discount Proceeds for such Bankers' Acceptance less the BA Stamping Fee for such Bankers' Acceptance.

• Per: Per: Per: Per: Per: Per: Per: Per: FACE AMOUNT ISSUE DATE MATURITY DATE INDEMNITY AMOUNT INDEMNITY FEE1 1 The Indemnity Fee is based on 80% of the per annum BA Stamping Fee calculated on the Indemnity Amount from ·, 20 [the Effective Date].

• Dollars and calculated on the face amount of each Bankers' Acceptance accepted by such Lender at the rate per annum equal to the Applicable Pricing Margin for the BA Stamping Fee, computed on the basis of the number of days to but excluding the maturity date of such Bankers' Acceptance and a year of 365 days.

More Definitions of BA Stamping Fee

BA Stamping Fee means the fee, determined with reference to the --------------- pricing grid set forth on Annex 1, payable by the Borrower pursuant to subsection 2.14(c) in Canadian Dollars.

BA Stamping Fee means the amount calculated by multiplying the face amount of a Bankers’ Acceptance or a BA Equivalent Note by the BA Stamping Fee Rate and then multiplying the result by a fraction, the numerator of which is the number of days to elapse from and including the date of acceptance of such Bankers’ Acceptance or purchase of such BA Equivalent Note by a

BA Stamping Fee has the meaning attributed to it in Section 3.9(a)(iii).

BA Stamping Fee has the meaning ascribed thereto in Section 1.7(a)(ii).