Draft Fee definition
Examples of Draft Fee in a sentence
Costs to utilize NSCC system to send commissions to brokerage firms; NSCC Fee, NSCC Year End Fee, NSF Draft Fee Credit; o IBM Global Services – Cost of sending out eStatements; o all other miscellaneous expenses reasonably incurred by FTIS in the performance of its obligations under the Agreement.
Servicer shall collect the Annual Fee, Early Closure Fee, and One-Time Draft Fee, each if applicable, as set forth in the related Credit Agreement.
Costs to utilize NSCC system to send commissions to brokerage firms; NSCC Fee, NSCC Year End Fee, NSF Draft Fee Credit; o IBM Global Services - Cost of sending out eStatements; o all other miscellaneous expenses reasonably incurred by FTIS in the performance of its obligations under the Agreement.
Cost to utilize NSCC system to send commissions to brokerage firms; NSCC Fee, NSCC Year End Fee, NSF Draft Fee Credit • IBM Global Services – Cost of sending out eStatements • all other miscellaneous expenses reasonably incurred by FTIS in the performance of its obligations under the Agreement This Schedule B may be amended by FTIS upon not less than 30 days’ written notice to the Investment Company, subject to approval by the Board.
In the case of a Sight Draft Letter of Credit, such fee shall be equal to the higher of (i) $50 and (ii) the Applicable Sight Draft Fee Percentage then in effect of the amount of such drawing (calculated on the 38 32 basis of the Dollar Equivalent thereof in the case of any Letter of Credit issued in an Approved Foreign Currency).
Such fee shall be equal to the higher of (x) $50 and (y) the Applicable Sight Draft Fee Percentage then in effect of the amount of such drawing (calculated on the basis of the Dollar Equivalent thereof, using the applicable Exchange Rate in effect at the time payment of such drawing is made, of such drawing in the case of any Alternative Currency Letter of Credit).
On the last day of each March, June, September and December, the Issuing Lender will allocate and pay to each Participating Lender a fee equal to such Participating Lender's pro rata share of the amount of such fees received from the Borrower during the immediately preceding three-month period calculated on the basis of the Applicable Sight Draft Fee Percentage or the Applicable Margin.
In the case of a Sight Draft Letter of Credit, such fee shall be equal to the higher of (i) $50 and (ii) the Applicable Sight Draft Fee Percentage then in effect of the amount of such drawing (calculated on the basis of the Dollar Equivalent thereof in the case of any Letter of Credit issued in an Approved Foreign Currency).
Thereafter, the Throughput Fee and Deep Draft Fee shall be adjusted annually (both upward and downward as hereinafter provided) by a factor equal to the increase or decrease, as the case may be, in the Consumer Price Index (as defined below).
Such fee shall be equal to the Applicable Sight Draft Fee Percentage then in effect of the amount of such drawing (calculated on the basis of the Dollar Equivalent thereof, using the applicable Exchange Rate in effect at the time payment of such drawing is made, of such drawing in the case of any Alternative Currency Letter of Credit).