Facility Extension Fee definition

Facility Extension Fee means a fee as agreed by the Borrower and the Administrative Agent in the Fee Letter relating to any extension of the Stated Maturity Date in accordance with Section 2.15.
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Facility Extension Fee shall have the meaning set forth in Section 2.2.1(e).
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Facility Extension Fee an amount equal to $360,000, due and payable pursuant to Section 2.11(c).
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Examples of Facility Extension Fee in a sentence

  • The EIC , as established according to Article 7a of the [Framework Programme Regulation] shall include the High Level Board (‘EIC Board’) provided for in article 10.

  • If the Administrative Agent determines that the conditions to extension have been satisfied, other than payment of the Revolving Facility Extension Fee, the Administrative Agent shall so notify the Borrower and the Lenders and upon the Administrative Agent’s receipt of the Revolving Facility Extension Fee not later than five (5) days prior to the Revolving Facility Initial Maturity Date, the term of the Revolving Facility shall be extended until the Revolving Facility Extended Maturity Date.

  • Prior to scheduling, the following requirements must be met: • Approval of civil plans • The remaining sixty percent (60%) of the Facility Extension Fee and any consulting costs for peer review must be paid in full.

  • The executed Public Facility Extension Agreement and forty percent (40%) of the required Facility Extension Fee and the Valley Regional Fire Authority (VRFA) Fee must be returned to the City before final plan approval will be granted.

  • If the scope of the extension is beyond the City’s normal expertise or if staff is not able to complete the review in a reasonable amount of time, it may be decided, by the City, to use consulting peer review services.A letter, stating the amount of the Facility Extension Fee, and the Public Facility Extension Agreement will be sent to the Applicant during the review.

  • If the Administrative Agent determines that the conditions to extension have been satisfied, other than payment of the Term Facility Extension Fee, the Administrative Agent shall so notify the Borrower and the Lenders and upon the Administrative Agent’s receipt of the Term Facility Extension Fee not later than five (5) days prior to the Term Facility Initial Maturity Date, the term of the Term Facility shall be extended until the Term Facility Extended Maturity Date.

  • Within thirty (30) days following receipt by the Administrative Agent of the Borrower’s written notice under Section 2.2.1(b) requesting the respective extension accompanied by those of the items described above which are then available, the Administrative Agent shall notify the Borrower in writing if all of the conditions precedent to the extension, other than payment of the Facility Extension Fee, have been satisfied, or if further information, certificates or work are required.

  • The fee is based on a rate (as stated in the agreement) applied to the current commitment level. Breakage Fee: A fee associated with an early repayment of a loan. Facility Extension Fee: This fee represents any fee paid by the borrower to the syndicate lenders for extending an existing facility. Funding Fee: Fee associated with the funding requirements for given facility. Upfront Fee: This fee is also known as Participation Fee, Arrangement Fee etc.

  • The transition was successfully completed in 2007 with the installation of newly elected institutions.

  • The legislature finds that, since water rights are of significant value, water rights applicants should contribute more to the cost of administration of the water rights program.The legislature also finds that an abrupt increase in water rights fees could be disruptive to water rights holders and applicants.


More Definitions of Facility Extension Fee

Facility Extension Fee means a fee as agreed by Borrowers and Administrative Agent in a separate Fee Letter.
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Facility Extension Fee shall have the meaning given to such term in the Fee Letter.
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Facility Extension Fee means an extension fee in an amount equal to twenty-five basis points (0.25%) of the Maximum Commitment so extended in accordance with Section 2.15, which shall be fully earned when paid and be nonrefundable.
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Related to Facility Extension Fee

  • Extension Fee means the fee payable to the Trustee on each occasion the Manager, upon a Participating Dealer’s request, grants the Participation Dealer an extended settlement in respect of a Creation Application or Redemption Application.

  • Replacement Revolving Facility Effective Date shall have the meaning assigned to such term in Section 2.21(l).

  • Incremental Revolving Facility has the meaning assigned to such term in Section 2.22(a).

  • Revolver Extension Request has the meaning set forth in Section 2.16(b).

  • Non-Extension Advance means an Advance made pursuant to Section 2.02(b).

  • Incremental Revolving Facility Lender means a Lender with an Incremental Revolving Facility Commitment or an outstanding Incremental Revolving Loan.

  • Facility Fee has the meaning specified in Section 2.09(a).

  • Maturity Date Extension Request means a request by the Borrower, in the form of Exhibit G hereto or such other form as shall be approved by the Administrative Agent, for the extension of the Maturity Date pursuant to Section 2.20.

  • Initial Term Loan Facility means the Initial Term Loan Commitments and the provisions herein related to the Initial Term Loans.

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.

  • Revolving Facility Maturity Date means, as the context may require, (a) with respect to the Revolving Facility in effect on the Closing Date, the fifth anniversary of the Closing Date and (b) with respect to any other Classes of Revolving Facility Commitments, the maturity dates specified therefor in the applicable Extension Amendment or Refinancing Amendment.

  • Non-Extended Facility has the meaning assigned to such term in Section 3.6(d).

  • Second Extended Maturity Date has the meaning set forth in Section 2.10.

  • Term Loan Extension Request has the meaning set forth in Section 2.16(a).

  • Applicable Facility Fee means the percentage set forth in the table below corresponding to the Level at which the “Applicable Margin” is determined in accordance with the definition thereof: Level Facility Fee 2 0.125% 3 0.150% 4 0.200% 5 0.250%

  • Non-Extension Drawing has the meaning specified in Section 3.5(d).

  • Initial Term Facility means the Initial Term Loan Commitments and the Initial Term Loans made hereunder.

  • Initial Revolving Facility means the Initial Revolving Credit Commitments and the Initial Revolving Loans and other extensions of credit thereunder.

  • First Extended Maturity Date has the meaning specified in Section 2.15(a).

  • Revolver Extension Series has the meaning set forth in Section 2.16(b).

  • Additional Credit Extension Amendment means an amendment to this Agreement providing for any New Term Loans which shall be consistent with the applicable provisions of this Agreement relating to New Term Loans otherwise satisfactory to the Agent and the Borrower.

  • Initial Term Loan Commitment means, in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(b) as such Lender’s Initial Term Loan Commitment. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $820,000,000.

  • Auto-Extension Letter of Credit has the meaning specified in Section 2.03(b)(iii).

  • New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.

  • Replacement Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).

  • Initial Extension of Credit means the earlier to occur of the initial Borrowing and the initial issuance of a Letter of Credit hereunder.