Discretionary Utilisation Fee definition

Discretionary Utilisation Fee means the fee for providing Discretionary Flexibility Services as specified in Schedule 1;
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Examples of Discretionary Utilisation Fee in a sentence

  • Notwithstanding any other provision of this Plan, the Administrator may limit the amounts reimbursed or paid with respect to any such individual, or with respect to any Participant who is a highly compensated employee (within the meaning of Code Section 414(g)), to the extent the Administrator deems such limitation to be advisable to assure compliance with the restriction described in the preceding sentence or with any nondiscrimination provision of the Code.

Related to Discretionary Utilisation Fee

  • Tranche A Advance has the meaning specified in Section 2.01(a).

  • Applicable Utilization Fee means, as of any date that the aggregate Advances exceed 33% of the aggregate Commitments, a percentage per annum determined by reference to the Public Debt Rating in effect on such date as set forth below: -------------------------------- ----------------------------- Public Debt Rating Applicable S&P/Moody's Utilization Fee -------------------------------- ----------------------------- Level 1 BBB+ or Baa1 or above 0.125% -------------------------------- ----------------------------- Level 2 BBB or Baa2 0.250% -------------------------------- ----------------------------- Level 3 BBB- and Baa3 0.000% -------------------------------- ----------------------------- Level 4 BBB- or Baa3 0.000% -------------------------------- ----------------------------- Level 5 BB+ and Ba1 0.000% -------------------------------- ----------------------------- Level 6 Lower than Level 5 0.000% -------------------------------- -----------------------------

  • L/C Advance means, with respect to each Lender, such Lender’s funding of its participation in any L/C Borrowing in accordance with its Applicable Percentage.

  • Non-Utilization Fee has the meaning assigned thereto in the Pricing Side Letter.

  • Term Advance has the meaning specified in Section 2.01(a).

  • Tranche C Term Loan as defined in Section 2.1.

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

  • Eligible advance means an advance made before August 19, 1993.

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • Utilization Fee has the meaning assigned to such term in Section 2.11(b).

  • Payment Date Advance Reimbursement has the meaning set forth in Section 8.03(a)(iii)(A) of the 20[•]-[•] Servicing Supplement.

  • Agent Advance shall have the meaning provided in Section 2.01(e).

  • Administrative Fee is defined in Section 4.1(a).

  • Tranche A Loan shall have the meaning set forth in Section 2.01(a).

  • Revolving Advance has the meaning given in Section 2.1.

  • Tranche C Loan has the meaning specified in Section 2.01(c).

  • Drawing Fee means, with respect to each Draft drawn by TCCI and purchased by any Person on any Drawing Date and subject to the provisions of Section 2.15, an amount equal to the product of (i) the Applicable Rate times the aggregate Face Amount of the Draft, multiplied by (ii) a fraction the numerator of which is the number of days in the term to maturity of such Draft and the denominator of which is 365 or 366, as applicable.

  • Administrative Advance shall have the meaning given thereto in the Lead Securitization Servicing Agreement.

  • Tranche B Term Loan as defined in Section 2.1.

  • Maximum Revolving Advance Amount means $25,000,000.

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.

  • PMI Advance As defined in the related Servicing Agreement, if applicable.

  • Tranche C Lender means a Lender with a Tranche C Commitment or an outstanding Tranche C Term Loan.

  • Tranche B Term Loan Percentage as to any Lender at any time, the percentage which such Lender's Tranche B Term Loan Commitment then constitutes of the aggregate Tranche B Term Loan Commitments (or, at any time after the Closing Date, the percentage which the aggregate principal amount of such Lender's Tranche B Term Loans then outstanding constitutes of the aggregate principal amount of the Tranche B Term Loans then outstanding).

  • Total Utilization of Revolving Loan Commitments means, as at any date of determination, the sum of (i) the aggregate principal amount of all outstanding Revolving Loans (other than Revolving Loans made for the purpose of repaying any Refunded Swing Line Loans or reimbursing the applicable Issuing Lender for any amount drawn under any Letter of Credit but not yet so applied) plus (ii) the aggregate principal amount of all outstanding Swing Line Loans plus (iii) the Letter of Credit Usage.