Fee Proceeds definition
Fee Proceeds means all amounts in the Collection Account representing upfront, commitment, amendment and waiver, late payment (including compensation for delayed settlement or trades), anniversary, annual, facility, prepayment, redemption, call premium or any other fees of any type received by the Borrower in respect of any Collateral Loan and any excess, with respect to participation interests in Collateral Loans which have been sold by the Borrower, of the interest paid by the applicable Obligor in respect of the portion of such Collateral Loan that is the subject of such participation interest over the amount of interest required to be paid by the Borrower to the purchaser of such participation interest pursuant to the underlying participation agreement; provided that Fee Proceeds shall not include any reimbursement of expenses payable by the Borrower to third parties, including legal fees, that may be received by the Borrower from any Obligor or any fees received in connection with the reduction of principal of the related Collateral Loan. Fee Proceeds shall in all cases constitute Interest Proceeds.
Fee Proceeds means all amounts in the Collection Account representing upfront, commitment, amendment and waiver, late payment (including compensation for delayed settlement or trades), anniversary, annual, facility, prepayment, redemption, call premium or any other fees of any type received by the Borrower in respect of any Collateral Loan and any excess, with respect to participation interests in Collateral Loans which have been sold by the Borrower, of the interest paid by the applicable Obligor in respect of the portion of such Collateral Loan that is the subject of such participation interest over the amount of interest required to be paid by the Borrower to the purchaser of such participation interest pursuant to the underlying participation agreement; provided that Fee Proceeds shall not include (i) any reimbursement of expenses paid with Interest Proceeds by the Borrower to third parties, including legal fees, that may be received by the Borrower from any Obligor; (ii) originator fees or amounts payable in respect of original issue discount; (iii) any fees received in connection with the reduction of principal of the related Collateral Loan; or (iv) any fees received in connection with the extension of the maturity date of such Collateral Loan beyond the Stated Maturity, and such amounts described in clauses (i), (ii), (iii) and (iv) shall instead constitute Principal Proceeds. Fee Proceeds shall in all cases constitute Interest Proceeds.
Fee Proceeds means all amounts in the Collection Account representing upfront, commitment, amendment and waiver, late payment (including compensation for delayed settlement or trades), anniversary, annual, facility, prepayment, redemption or any other fees of any type received by the Borrower in respect of any Collateral Loan and any excess, with respect to Participation Interests in Collateral Loans which have been sold by the Borrower pursuant to Section 10.1(b), of the interest paid by the applicable Obligor in respect of the portion of such Collateral Loan that is the subject of such Participation Interest over the amount of interest required to be paid by the Borrower to the purchaser of such Participation Interest pursuant to the underlying participation agreement; provided that Fee Proceeds shall not include (x) any reimbursement of expenses payable by the Borrower to third parties, including legal fees, that may be received by the Borrower from any Obligor, (y) any fees received in connection with the reduction of the par of the related Collateral Loan or (z) any fees received in connection with the extension of the maturity date of such Collateral Loan beyond the Stated Maturity. Fee Proceeds shall in all cases constitute Interest Proceeds.
Examples of Fee Proceeds in a sentence
In addition, on (or prior to) December 31, 2016, Neurotrope shall deliver, or cause to be delivered, to BRNI an amount equal to an additional two and one-half percent (2.5%) of the aggregate Post-PA Fee Proceeds received by Neurotrope at the Initial Closing, the Final Closing and the closing of any extension of the Securities Purchase Agreement.
Section 8.1.2 All payments on the Collateral Loans and other Collateral shall be made directly to the Collateral Agent (at a bank in the United States), or the Custodian on its behalf, will be held in the Collection Account, and will be divided into Interest Proceeds (including Fee Proceeds) and Principal Proceeds.
A portion of the proceeds of the sale of the first 232,151 shares of common stock of splash sold by Customer on or after November 11, 1997 equal to the Fee Proceeds shall be paid to IBM Credit as a "Cancellation Fee".
More Definitions of Fee Proceeds
Fee Proceeds means all amounts in the Collection Account representing upfront, origination, underwriting, commitment, unused line, ticking, anniversary, annual, redemption, amendment, consent, forbearance, waiver, exit, success or any other fees of any type or similar premiums or payments received in respect of any Collateral Loan; provided that Fee Proceeds shall not include any Excluded Amount or any fees received in connection with the extension of the maturity of the related Collateral Loan or the reduction of the par amount of the related Collateral Loan, which shall constitute Principal Proceeds; provided that amounts that would constitute “Fee Proceeds” in respect of amounts received by the Investment Subsidiary shall constitute “Fee Proceeds” only to the extent the Investment Subsidiary has remitted the same to the Borrower (pursuant to an Intercompany Funding Arrangement or otherwise).
Fee Proceeds means all amounts in the Collection Account representing upfront, commitment, amendment and waiver, late payment (including compensation for delayed settlement or trades), anniversary, annual, facility, prepayment, redemption or any other fees of any type received by the Borrower in respect of any Collateral Loan and any excess, with respect to Participation Interests in Collateral Loans which have been sold by the Borrower pursuant to Section 10.1(b), of the interest paid by the applicable Obligor in respect of the portion of such Collateral Loan that is the subject of such Participation Interest over the amount of interest required to be paid by the Borrower to the purchaser of such Participation Interest pursuant to the underlying participation agreement; provided that Fee Proceeds shall not include any reimbursement of expenses payable by the Borrower to third parties, including legal fees, that may be received by the Borrower from any Obligor or any fees received in connection with the reduction of the par of the related Collateral Loan. Fee Proceeds shall in all cases constitute Interest Proceeds.
Fee Proceeds means all amounts in the Collection Account representing upfront, commitment, anniversary, annual, prepayment, redemption or any other fees of any type received in respect of any Collateral Loan and any excess, with respect to Participation Interests in Collateral Loans which have been sold by the Borrower pursuant to Section 10.1(b), of the interest paid by the applicable Obligor in respect of the portion of such Collateral Loan that is the subject of such Participation Interest over the amount of interest required to be paid by the Borrower to the purchaser of such Participation Interest pursuant to the underlying participation agreement; provided that Fee Proceeds shall not include any reimbursement of expenses payable by the Borrower to third parties, including legal fees, that may be received by the Borrower from any Obligor. Fee Proceeds shall in all cases constitute Interest Proceeds.
Fee Proceeds means all amounts in the Collection Account representing upfront, commitment, amendment and waiver, late payment (including compensation for delayed settlement or trades), anniversary, annual, facility, prepayment, redemption, call premium or any other fees of any type received by the Borrower in respect of any Collateral Loan and any excess, with respect to participation interests in Collateral Loans which have been sold by the Borrower, of the interest paid by the applicable Obligor in respect of the portion of such Collateral Loan that is the subject of such participation interest over the amount of interest required to be paid by the Borrower to the purchaser of such participation interest pursuant to the underlying participation agreement; provided that Fee Proceeds shall not include any reimbursement of expenses payable by the Borrower to third parties, including legal fees, that may be received by
Fee Proceeds means all amounts in the Collection Account representing upfront, commitment, amendment and waiver, late payment (including compensation for delayed settlement or trades), anniversary, annual, facility, prepayment, redemption or any other fees of any type received by the Borrower in respect of any Collateral Obligation and any excess, with respect to Participation Interests in Collateral Obligations which have been sold by the Borrower pursuant to Section 10.1(b), of the interest paid by the applicable Obligor in respect of the portion of such Collateral Obligation that is the subject of such Participation Interest over the amount of interest required to be paid by the Borrower to the purchaser of such Participation Interest pursuant to the underlying participation agreement. Fee Proceeds shall in all cases constitute Interest Proceeds.
Fee Proceeds means all amounts in the Collection Account representing upfront, commitment, amendment and waiver, late payment (including compensation for delayed settlement or trades), anniversary, annual, facility, prepayment, redemption, call premium or any other fees of any type received by any Borrower in respect of any Collateral Loan and any excess, with respect to participation interests in Collateral Loans which have been sold by any Borrower, of the interest paid by the applicable Obligor in respect of the portion of such Collateral Loan that is the subject of such participation interest over the amount of interest required to be paid by any Borrower to the purchaser of such participation interest pursuant to the underlying participation agreement; provided that Fee Proceeds shall not include any reimbursement of expenses payable by any Borrower to third parties, including legal fees, that may be received by any Borrower from any Obligor or any fees received in connection with the reduction of principal of the related Collateral Loan. Fee Proceeds shall in all cases constitute Interest Proceeds. 37 "Fee Letters" means the Administrative Agent Fee Letter and the Lender Fee Letter. "Financial Sponsor" means any Person whose principal business activity is acquiring, holding, and selling investments (including controlling interests) in otherwise unrelated companies that each are distinct legal entities with separate management, books and records and bank accounts, whose operations are not integrated with one another and whose financial condition and creditworthiness are independent of the other companies so owned by such Person. "First Lien/Last Out Loan" means a loan that prior to an event of default under the applicable Related Contract, is entitled to receive payments pari passu with other senior secured loans of the same Obligor, and would otherwise constitute a Senior Secured Loan (including in respect of any exceptions thereto in such definition) but following an event of default under the applicable Related Contract, such Collateral Loan becomes fully subordinated to other senior secured loans of the same Obligor and is not entitled to any payments until such other senior secured loans are paid in full. "First Step-Up Date" means the earlier of (i) the nine-month anniversary of the Amended and Restated Closing Date and (ii) the date mutually agreed among the Administrative Agent, each Borrower and the Lenders. "Fixed Rate Obligation" means any Collateral Lo...