Guarantor Fees definition

Guarantor Fees means the fees payable to the Guarantor from time to time, as set forth in Section 3.2.
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Guarantor Fees has the meaning set forth in Section 4.3.
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Guarantor Fees means that certain annual fee payable to the Guarantor equal to 1.00% of the principal amount of the obligations secured by the Guaranty, paid on a monthly basis.
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Examples of Guarantor Fees in a sentence

  • In accordance with Section 609.13(a) of the Title XVII Regulations, the Borrower shall not: (i) request that the Guaranteed Loan or any portion or proceeds derived thereof be used; or (ii) use any other funds obtained from the U.S. federal government or from a loan or other instrument guaranteed by the U.S. federal government, in either case for the payment of any Guarantor Fees, except to the extent explicitly authorized by the U.S. Congress.

  • From and after satisfaction of the Financial Covenants Benchmark, Borrower may pay the Guarantor Fees in cash, so long as (i) no Default or Event of Default shall have occurred and be continuing or would occur as a result thereof, and (ii) the Borrower is in compliance with the financial covenants contained in Section 4.16(a) and (b) on a pro forma basis for the most recently ended Fiscal Quarter after giving effect thereto.

  • Guarantor agrees and confirms that all Guarantor Fees and all of its rights and interests therein are and at all times will be subject and subordinate to the Loan Agreement and other Loan Documents and to the prior payment and satisfaction in full of the Obligations.

  • Until the Financial Covenants Benchmark is satisfied, the Borrower shall not make any cash payment with respect to the Guarantor Fees.

  • In accordance with Section 609.13(a) of the Title XVII Regulations, the Sponsor shall not: (i) request that any Guaranteed Loan or any portion or proceeds derived thereof be used; or (ii) use any other funds obtained from the U.S. federal government or from a loan or other instrument guaranteed by the U.S. federal government, in either case for the payment of any Guarantor Fees, except to the extent explicitly authorized by the U.S. Congress.

  • The Borrower agrees to pay the Supplemental Guarantor Fees to the Agent for the account of each Supplemental Guarantor on the Closing Date and quarterly in advance thereafter for so long as the Loan and such Supplemental Guarantor's Supplemental Guarantee shall remain in effect.

  • The Guarantor Fees shall be computed on the basis of a 360-day year for the actual number of days elapsed.


More Definitions of Guarantor Fees

Guarantor Fees means the fees, expenses and other amounts payable to the Guarantors pursuant to the Guarantee Agreements.
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Related to Guarantor Fees

  • Guarantor Payment as defined in Section 5.11.3.

  • Guarantor Payment Date means (a) prior to the delivery of a Guarantor Default Notice, the date falling on the 10th day of February, May, August and November of each year or, if such day is not a Business Day, the immediately following Business Day, provided that the fist Guarantor Payment Date will be 10 February 2014; and (b) following the delivery of a Guarantor Default Notice, any day on which any payment is required to be made by the Representative of the Covered Bondholders in accordance with the Post-Enforcement Priority of Payments, the relevant Final Terms and the Intercreditor Agreement.

  • Guarantor Percentage has the meaning assigned to such term in Section 10.10.

  • Guarantor Subordinated Obligations means, with respect to a Subsidiary Guarantor, any Indebtedness of such Subsidiary Guarantor (whether outstanding on the Issue Date or thereafter Incurred) that is expressly subordinated in right of payment to the obligations of such Subsidiary Guarantor under its Subsidiary Guarantee pursuant to a written agreement.

  • Guarantor Obligations with respect to any Guarantor, all obligations and liabilities of such Guarantor which may arise under or in connection with this Agreement (including, without limitation, Section 2) or any other Loan Document to which such Guarantor is a party, in each case whether on account of guarantee obligations, reimbursement obligations, fees, indemnities, costs, expenses or otherwise (including, without limitation, all fees and disbursements of counsel to the Administrative Agent or to the Lenders that are required to be paid by such Guarantor pursuant to the terms of this Agreement or any other Loan Document).