Consent Fee definition

Consent Fee means, with respect to an: (a) Earlybird Creditor, an amount equal to: (i) the Consenting Claims of that Earlybird Creditor as of the Voting Record Date; divided by (ii) the aggregate Consenting Claims of all Earlybird Creditors as of the Voting Record Date; and multiplied by (iii) an amount equal to 2% of the Senior Claims as of the Allocation Record Date; and (b) Eligible Consenting Creditor, an amount equal to: (i) the Consenting Claims of that Eligible Consenting Creditor as of the Voting Record Date; divided by (ii) the aggregate Consenting Claims of all Eligible Consenting Creditors as of the Voting Record Date; and multiplied by (iii) an amount equal to 1% of the Senior Claims as of the Allocation Record Date.
Consent Fee means any fee paid to the Holders of any Series of Notes in connection with their review and/or approval of proposed amendments of this Indenture or any other matter requiring their consent, whether by a Required Majority of such Series or by all Holders of such Series, as such fee may be approved in accordance with Section 5.02(d), provided that the aggregate amount of such fee paid in connection with any such review and/or approval shall not exceed an amount equal to the product of (a) the Outstanding Principal Balance of such Series of Notes as of the date such fee is to be paid and (b) 0.001.

Examples of Consent Fee in a sentence

  • The Consent Fee will only be paid and the Scheme Consideration will only be distributed to the Scheme Creditors if the Creditors Scheme becomes effective.


More Definitions of Consent Fee

Consent Fee has the meaning specified in Section 7.2(b).
Consent Fee means the fees charged by the Board for the grant of consent by the Board;
Consent Fee means an amount equal to 25% (Twenty Five Percent) of the Net Profit if the Property is sold by the Purchaser within the Restriction Period;
Consent Fee means, in relation to each Class, the fee to be payable (subject to satisfaction of the Conditions Precedent) should the Proposals be implemented, by the Issuer to each Noteholder that complies with limb (b) of the Conditions Precedent, of 0.1 per cent. of the aggregate principal amount of Notes which are the subject of such Voting Instruction and which are held by the relevant Noteholder on the date of the relevant Meeting.
Consent Fee means, in respect of any Consenting Noteholder entitled to such fee in accordance with Clause 4.1, a fee calculated by applying the following formulae with respect to any Locked-Up Notes Debt held by that Consenting Noteholder: × (€500 + ($300 ∗ )) × 0.5% where: A = the principal amount of Locked-Up Notes Debt denominated in EUR and USD held by that Consenting Noteholder, where USD is converted to EUR at a publicly available spot rate of exchange selected by the Information Agent (acting reasonably) at or about 11:00 a.m. on the Business Day immediately preceding the Consent Fee Notification Date; B = the principal amount of Locked-Up Notes Debt denominated in EUR and USD held by all Consenting Noteholders who are eligible to receive the Consent Fee, where USD is converted to EUR at a publicly available spot rate of exchange selected by the Information Agent (acting reasonably) at or about 11:00 a.m. on the Business Day immediately preceding the Consent Fee Notification Date; and C = A publicly available spot rate of exchange for USD to EUR selected by the Information Agent (acting reasonably) at or about 11:00 a.m. on the Business Day immediately preceding the Consent Fee Notification Date.
Consent Fee means a payment in cash to the tabulation agent appointed by the Company for such purpose for the benefit of the Consenting Noteholders equal to $1.75 for each $1,000 principal amount at maturity of the Securities for which consents were delivered by each such Consenting Noteholder and accepted by the Company.