Fee Cap definition

Fee Cap shall have the meaning set forth in the Pricing Side Letter.

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Fee Cap is defined in Section 4.4.

Fee Cap means an amount less than or equal to the Maximum Credit amount, but in no event less than $20,000,000, determined by the Investment Adviser and conveyed to the Bank, effective on the 20th day of each month, by written notice in the form attached as Exhibit D hereto, through and including the month which includes the first anniversary of the date herein. Thereafter, the facility fee shall be computed on the average daily unused portion of the Maximum Credit.

Examples of Fee Cap in a sentence

• The Fee Cap and the Expense Cap are sometimes collectively referred to as the Contract Amount.

• In no event shall the fee payable to Manager for any Interest Period exceed the Management Fee Cap for such Interest Period and in no event shall Borrower pay or become obligated to pay to Manager, any transition or termination costs or expenses, termination fees, or their equivalent in connection with the Transfer of a Property or the termination of the Management Agreement.

• By: By: ___________________________ Name: ______________________________ Name: ________________________ Title: ______________________________ Title: __________________________ Attest: ________________________ Corporate Secretary] EXHIBIT A – Scope of Work EXHIBIT B – Schedule Notwithstanding the foregoing, the cumulative amount of Service Fees remitted by University to Contractor will not exceed $_______________ (Fee Cap) without the prior written approval of University.

• Except as noted above or otherwise agreed to by the parties, a Fee Cap for each class of each Fund for a Covered Period of one year from the expiration of the previous Covered Period shall be established under this Agreement in the manner set forth above (i.e., by reference to the Median Ratio).

• Further, unless otherwise agreed to by the parties, no Fee Cap shall be required for a Fund for any Covered Period if the ratio of Covered Expenses to net assets of the Specified Class for the last fiscal year was less than the Median Ratio.

More Definitions of Fee Cap

Fee Cap has the meaning assigned thereto in Section 23(a) hereof.

Fee Cap has the meaning given to it in Section 8.11. “Fees” has the meaning given to it in Section 8.1.

Fee Cap shall have the meaning ascribed to such term in Section 4.6(b).

Fee Cap means (a) with respect to Agent’s counsel in connection with (i) the preparation, negotiation and closing of the Loan Documents entered into as of the Closing Date and (ii) the preparation, negotiation and, if applicable, closing of any intercreditor agreement and related documents in connection with the initial Approved ABL Facility proposed to be entered into following the Closing Date (whether or not the same closes), three hundred thousand dollars ($300,000) plus any and all out-of-pocket third-party costs, fees and expenses incurred by Agent’s counsel in connection with customary diligence and closing expenses (e.g. Lien searches, filing fees and searches to reflect relevant financing statement filed under the Code) and (b) with respect to Avenue Lender in connection with the preparation, negotiation and closing of the Loan Documents entered into as of the Closing Date, twenty-five thousand dollars ($25,000).

Fee Cap means 10% (1000 basis points) per annum of the undrawn amount of the issued and outstanding Letter of Credit.

Fee Cap has the meaning set forth in the Fee Letter. 4874-2581-2044v.13

Fee Cap means the amount in Schedule 1, as may be adjusted in accordance with clause 17.9.