Draw Fee definition
Draw Fee shall have the meaning specified in the Fee Letter.
Draw Fee. Defined in the Fee Letter, which definition is incorporated herein by reference.
Draw Fee means 2.75% multiplied by the amount funded by the Backstopper pursuant to Section 2.3 of this Agreement, payable in shares of Common Stock valued at the volume weighted average trading price of the Common Stock during the thirty trading day period ending on (and including) the last trading day immediately prior to the announcement of this Agreement (and the transactions contemplated hereby) through Company press release or filing of a Form 8-K with the U.S. Securities and Exchange Commission.
Examples of Draw Fee in a sentence
On the Purchase Date on which any Underlying Mortgage Loan becomes subject to a Transaction, Seller shall pay to Buyer the applicable Draw Fee for such Underlying Mortgage Loan.
More Definitions of Draw Fee
Draw Fee is defined in Section 2B(8)(i).
Draw Fee. With respect to any Funding, an amount equal to the product of (i) 0.0010 and (ii) the Funding Amount for such Funding that is attributable to any Rated Certificates of this Series.
Draw Fee shall have the meaning specified in paragraph 2B(8)(ii).
Draw Fee means the money paid by a player of a value equal to their ante wager, enabling the player to exercise one of two Draw options;
Draw Fee. The draw fee set forth in the Transactions Terms Letter. Each Draw Fee shall be non-refundable.
Draw Fee has the meaning set forth in Section 2.04(e).
Draw Fee. With respect to any Funding, an amount equal to the product of (i) 0.0010 and (ii) the Funding Amount for such Funding that is attributable to any Rated Certificates of this Series. "Effective Date": April 14, 2000.