Conduit Fee definition

Conduit Fee has the meaning set forth in the Fee Letter.
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Conduit Fee means, for each day, an amount equal to the product of (i) the Conduit Purchaser Fee, multiplied by (ii) the Purchaser Group Limit for the BNP Purchaser Group or the ING Purchaser Group, as applicable, on such day, multiplied by (iii) 1/360, which Conduit Fee shall accrue on each day from the date hereof until the later of (x) the Termination Date and (y) the date on which the aggregate outstanding Investment of Matchpoint Finance plc or Mont Blanc Capital Corp, as applicable, shall have been finally paid in full, and Conduit Fees accrued during any Rate Period shall be due and payable in arrears on the Settlement Date on which such Rate Period ends; provided that all accrued and unpaid Conduit Fees shall be due and payable on the later of (x) the Termination Date and (y) the date on which the aggregate outstanding Investment of Matchpoint Finance plc or Mont Blanc Capital Corp, as applicable, shall have been finally paid in full if such date is not a Settlement Date.
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Conduit Fee shall have meaning set forth in the Fee Letter. -----------
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Examples of Conduit Fee in a sentence

  • This payment shall be final and in the event of an early termination of this Agreement for any reason, Grantee shall not be entitled to any rebate or repayment of any portion of the Additional Conduit Fee.

  • Once [Entity Name] begins earning revenue, it may opt to pay 2% of its Gross Revenue from the Communications Network in lieu of the Annual ROW Underground Conduit Fee.

  • The Lessee hereby agrees to pay as Supplemental Rent (i) the Program Fee, the Dealer Fee and the Non-Use Fee directly to the CP Lender, in accordance with the terms of the Conduit Fee Letter and (ii) the Arrangement Fee directly to the Arranger in accordance with the terms of the Arrangement Fee Letter.

  • Immediately upon payment of the Additional Conduit Fee, as provided by Section 3.2, the Grantee shall be entitled to access and use the Additional Conduit, subject to the terms of this Agreement and all applicable Codes and Laws.

  • Nothing in this Section 16 shall excuse the Grantee from the prompt payment of the IRU Fee, the Additional Conduit Fee, Repair Costs, or any other charges that are required of Grantee by this Agreement or any Laws.

  • Once Licensee begins earning revenue, it may opt to pay 2% of its Gross Revenue from the Communications Network in lieu of the Annual ROW Underground Conduit Fee.

  • The Grantee shall pay the Additional Conduit Fee to the County no later than fifteen (15) Days after the Acceptance Date.

  • To the Administrator for its own account, the fee agreed to in the Conduit Fee Letter.

  • Deepwater shall pay to each Conduit a nonrefundable ------------ Program Fee on each Charter Hire Payment Date, commencing with the January 2002 Charter Hire Payment Date, for the immediately preceding Return Period pursuant to the terms of the Conduit Fee Letter.