Document Custodian Fee definition

Document Custodian Fee means the fee payable to the Document Custodian in arrears on each Quarterly Payment Date in an amount specified in the Document Custodian Fee Letter.

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Document Custodian Fee. The fees, expenses and indemnities of the Document Custodian set forth as such in the Collateral Agent and Document Custodian Fee Letter and as provided for in this Agreement or any other Transaction Document.

Document Custodian Fee. The fees, expenses and indemnities of the Document Custodian set forth as such in the Collateral Agent and Document Custodian Fee Letter and as provided for in this Agreement or any other Transaction Document. “Dollars”: Means, and the conventional “$”, “U.S.$” or “USD” signifies, the lawful currency of the United States. “EBITDA”: With respect to the Relevant Test Period with respect to the related Portfolio Asset, the meaning of “EBITDA”, “Adjusted EBITDA” or any comparable definition in the related Underlying Instruments, and in any case that “EBITDA”, “Adjusted EBITDA” or such comparable definition is not defined in such Underlying Instruments, an amount, for the principal Obligor on such Portfolio Asset and any parent or subsidiary that is obligated pursuant to the Underlying Instruments for such Portfolio Asset (determined on a consolidated basis without duplication in accordance with GAAP) equal to earnings from continuing operations for such period plus (a) interest expense, (b) income taxes, (c) unallocated depreciation and amortization for such Relevant Test Period (to the extent deducted in determining earnings from continuing operations for such period), (d) amortization of intangibles (including, but not limited to, goodwill, financing fees and other capitalized costs), other non-cash charges and organization costs, (e) extraordinary losses in accordance with GAAP, (f) one-time, non-recurring non-cash charges consistent with the compliance statements and financial reporting packages provided by the Obligors, and (g) and any other item the Borrower and the Administrative Agent mutually deem to be appropriate; provided that, with respect to any Obligor for which four full fiscal quarters of economic data are not available, EBITDA shall be determined for such Obligor based on annualizing the economic data from the reporting periods actually available. “Elevation Date”: With respect to each Loan in which an Eligible Participation Interest is granted under to the Borrower, the date on which the legal assignment thereof to the Borrower pursuant to the applicable Underlying Instrument has become effective and such Loan has settled into the Borrower. “Eligible Portfolio Asset”: Each Portfolio Asset (A) for which the Administrative Agent and the Document Custodian have received (or, in accordance with clause (b) of the definition of “Required Portfolio Asset Documents”, the Document Custodian will receive) the related BUSINESS.33662032.

Examples of Document Custodian Fee in a sentence

• As compensation for its custodial activities hereunder, the Document Custodian shall be entitled to compensation from the Borrower as set forth in the Document Custodian Fee Letter.

• The Document Custodian’s entitlement to receive the Document Custodian Fee shall cease on the earlier to occur of: (i) its removal as Document Custodian pursuant to Section 13.5, (ii) its resignation as Document Custodian pursuant to Section 13.6 or (ii) the termination of this Agreement.

• As compensation for its Document Custodian activities hereunder, the Document Custodian shall be entitled to a Document Custodian Fee pursuant to the provision of Sections 2.7 and 2.8, as applicable.

• SECTION 4.1. As of the date of this Amendment, the Resigning Document Custodian Fee Letter shall be terminated and have no further force or effect.

• As compensation for its Document Custodian activities hereunder, the Document Custodian shall be entitled to a Document Custodian Fee pursuant to the provisions of Section 2.6 and Section 2.7, as applicable.

• From the date hereof until the Collection Date the Document Custodian will not make any changes to the Collateral Agent and Portfolio Administration Fee set forth in the Document Custodian Fee Letter without the prior written approval of the Lead Lender and the Borrower.

More Definitions of Document Custodian Fee

Document Custodian Fee. ” means the fee payable to the Document Custodian in arrears on each Quarterly Payment Date in an amount specified in the Document Custodian Fee Letter.