Collateral Fee definition

Collateral Fee means an interest rate equal to the 5-year U.S. treasury bond rate plus 700 basis points;
View Source
Collateral Fee shall have the meaning specified in Section 10.2. “
View Source
Collateral Fee means an interest rate equal to the 5-year U.S. treasury bond rate plus 700 basis points; "Collateral Fee Payment Date" has the meaning given to it in Clause 8.9; "Collateral Fee PIK Amount" means, as of any date, the amount of any Collateral Fees added to the Collateral Fee PIK Amount pursuant to Clause 8.9, less the amount of any Collateral Fee PIK Amounts repaid by the Retrocessionaire pursuant to Clause 8.9; "Constitutional Documents" means the following documents:
View Source

Examples of Collateral Fee in a sentence

  • In the case of each of the Loan Fee and the Cash Collateral Fee, the parties shall agree on the applicable rates therefor.

  • Each Lender acknowledges and agrees that the obligation of Lender to pay to the borrower the Cash Collateral Fee in respect of any loan of securities is independent of the results of investment of the related cash Collateral.

  • BBH&Co. shall likewise remit, or cause to be remitted, to any Approved Borrower the applicable Cash Collateral Fee (as defined in the SLA) when due in accordance with the Approved Borrower’s instructions.

  • Lender acknowledges and agrees that, in respect of any loan entered into on Lender's behalf, GSAL may at its option advance its own funds to pay any such Cash Collateral Fee or other fees or amounts due the borrower.

  • BBH&CO shall likewise remit, or cause to be remitted, to any Approved Borrower the applicable Cash Collateral Fee (as defined in the SLA) when due in accordance with the Approved Borrower's instructions.

  • The Confirmation for a Term Loan shall set forth, in addition to any terms required to be set forth therein under the Agreement, the Term Loan Amount, the Cash Collateral Fee and the Termination Date.

  • Any income or gains and losses from investing and reinvesting any cash Collateral delivered by an Approved Borrower pursuant to an SLA shall be at the Fund's risk, and the Fund agrees that to the extent any such losses reduce the amount of cash below the amount required to be returned to the Approved Borrower upon the termination of any loan (including any Cash Collateral Fee), the Fund will, on demand of BBH&CO, immediately pay or cause to be paid to such Approved Borrower an equivalent amount in cash.

  • This Annex sets forth additional terms and conditions governing Loans designated as “Term Loans” in which Lender lends to Borrower a specific amount of Loaned Securities (“Term Loan Amount”) against a pledge of cash Collateral by Borrower for an agreed upon Cash Collateral Fee until a scheduled termination date (“Termination Date”).

  • The Retrocessionaire may, in its sole discretion, repay any positive Collateral Fee PIK Amount in cash, on any Business Day.

  • BBH&Co. shall likewise remit, or cause to be remitted, to any Approved Borrower the applicable Cash Collateral Fee (as defined in the SLA) when due in accordance with the Approved Borrower's instructions.