Drawdown Fee definition

Drawdown Fee means, for each Loan with respect to any particular item of Eligible Collateral, an amount equal to the product of 0.25% and the principal amount of such Loan; provided, however, that (a) the Drawdown Fee shall be equal to zero to the extent that such Loan is to be made with respect to a Conduit Loan as Collateral and (b) with respect to any other such item of Eligible Collateral, borrowings which are repaid and subsequently reborrowed will not be charged a subsequent Drawdown Fee.

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Drawdown Fee means the fee as described in clause 14.3;

Drawdown Fee means the Drawdown Fee in the amount set forth above under the heading Loan Facility Terms;

Examples of Drawdown Fee in a sentence

• Borrower shall have paid Lender from the proceeds of the advance to be made in connection with such Loan, a Drawdown Fee calculated on the amount of such Loan then being disbursed.

• Drawdown Fee is a flat fee that applies to all drawdowns where the amount is less than AUD2Ok or equivalent.

• We give you notice that we wish to draw down the following Loan on [DATE]: Loan Amount: € [AMOUNT] Repayment Date: [DATE] (or, if that is not a Business Day, the next Business Day) Drawdown Date: [DATE] First Interest Payment Date: Subsequent Interest Payment Dates: Applicable Drawdown Fee: € [AMOUNT] The Loan is to be made available by credit to [ACCOUNT DETAILS].

• Notwithstanding the foregoing, if Borrower repays all or a portion of an amount advanced against an asset constituting the Collateral and then requests an additional Advance against the asset in question, the Drawdown Fee shall not be payable for the portion of such subsequent Advance that does not exceed the sum of all amounts so repaid from time to time.

• Drawdown Fee: ¥[*] payable with respect to each Borrowing made prior to the Sponsor Agreement Closing (the “Drawdown Fee”) and payable only in the event of a mandatory prepayment as a result of any of the circumstances described in the second paragraph under “Mandatory Prepayment” below.

More Definitions of Drawdown Fee

Drawdown Fee shall have the meaning assigned to such term in Section 2.04(e).

Drawdown Fee means, for each Advance, an amount equal to the product ------------ of (i) One-Quarter of One Percent (0.25%) and (ii) the principal amount of such Advance with respect to each asset constituting the Collateral.

Drawdown Fee means a fee payable to Lender by Borrower upon each drawdown in an amount set forth in the Schedule.

Drawdown Fee has the meaning specified in Section 1.5.

Drawdown Fee means the Drawdown Fee equal to 1% of the amount of each drawdown under the Term Loan payable to Lender at the time of each drawdown.

Drawdown Fee means a fee equal to five percent (5%) of the principal ------------ amount of each Borrowing payable in accordance with the Investment Advice Agreement.

Drawdown Fee has the meaning given such term in Section 2.6(c) of this Agreement.