Hermes Fee definition

Hermes Fee means the fee payable to Hermes under and in respect of the Hermes Insurance Policy.
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Hermes Fee fees payable to Hermes, including the premium and issuance fee of each Ship, under and in respect of the export credit guarantees to be issued by the Federal Republic of Germany, represented by Hermes on behalf of the lenders
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Hermes Fee means the Original Hermes Fee and the Additional Hermes Fee.”
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Examples of Hermes Fee in a sentence

  • In May 2014, the Group obtained a secured term loan facility in an aggregate amount of USD equivalent of up to EUR606,842,214 with a term of 144 months after the first utilisation of the facility by the Group under the facility agreement (the “Second Vessel Loan Facility Agreement”) for financing the construction and purchase of the vessel to be constructed pursuant to the shipbuilding contract dated 10 February 2014 and the Hermes Fee (as defined in the Second Vessel Loan Facility Agreement).

  • The said Dollar amount requested for the Loan is (A) to the extent of the amount of US$[ ], equal to the US Dollar Equivalent of the amount of EUR [ ] being the amount of the Contract Price (other than the portion thereof relating to the Buyer’s Allowance); (B) to the extent of the amount of US$ [ ], equal to 100% of the Hermes Fee and (C) to the extent of US$[ ], equal to 80% of the incurred Buyer’s Allowance.

  • S-713 (to be named “ODYSSEY OF THE SEAS”) (the Vessel) whereby it was agreed that the Lenders would make available to the Borrower, upon the terms and conditions therein, a US dollar loan facility (the Facility) calculated on the amount equal to the sum of (a) up to eighty per cent (80%) of the Contract Price of the Vessel but which Contract Price will not exceed EUR948,850,000 and (b) up to 100% of the Hermes Fee (as each such term is defined in the Existing Credit Agreement).

  • The Facility Agreement has been entered into by the Company, as the guarantor for the obligations of, among the others, the Borrower thereunder, on 28 May 2014 for the purpose of obtaining the Facility for (a) financing the construction and purchase of the Vessel under the Shipbuilding Contract; and (b) financing the Hermes Fee.

  • On or before the Milestone Date, Borrower shall use commercially reasonable efforts to cause Raya Energy Corporation to sell the properties known as Mercury Fee #1 30-015-34241 and Cronos Fee #1 30-015-35569 and Hermes Fee #1 30-015-34572 located in Eddy County, New Mexico, for a total purchase price such that the net proceeds received from such sale shall be at least $190,000, and apply 100% of the net proceeds received to the payment of the Indebtedness.

  • The Facility is for an aggregate amount of the USD equivalent of up to (a) Euro 160 million to be used for the purpose of financing part of the cost of construction and purchase of the Ships; and (b) 100% of each Hermes Fee.

  • S-719 entered into between, amongst others, the Borrower as borrower, RCCL as guarantor, the Hermes Agent, the Facility Agent and the banks and financial institutions listed therein as Lenders in relation to a term loan facility not exceeding the US dollar equivalent of eighty per cent (80%) of the Contract Price and one hundred per cent (100%) of the Hermes Fee.

  • True and ----------------------------------------- 1 For the First Disbursement Date only, if the Hermes Fee will be financed with proceeds of the Loan.

  • True and ----------------------------------------- 1For the First Disbursement Date only, if the Hermes Fee will be financed with proceeds of the Loan.

Related to Hermes Fee

  • Services Fee means, collectively, the Senior Services Fees and the Subordinated Services Fees.

  • Agent’s Fee means the fee which is set out in this Agreement and which is payable by the Issuer to the Agent in consideration of the services performed by the Agent under this Agreement;

  • Structuring Fee has the meaning set forth in the Fee Letter.

  • Utilization Fee has the meaning assigned to such term in Section 2.11(b).

  • Access Fee means a fee prescribed for the purposes of section 22(6) or 54(6), as the case may be;

  • Advance Reimbursement Amount has the meaning stated in Section 4.4(b) of the Servicing Supplement.

  • Impact fee means a payment of money imposed under Title 11, Chapter 36a, Impact Fees Act.

  • 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%

  • Upfront Fee has the meaning specified in Section 2.07 hereof.

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

  • L/C Fee has the meaning specified in Section 2.03(i).

  • Program Fee As defined in the Fee Letter.

  • Applicable Utilization Fee means, as of any date that the aggregate Advances exceed 33% of the aggregate Commitments, a percentage per annum determined by reference to the Public Debt Rating in effect on such date as set forth below: -------------------------------- ----------------------------- Public Debt Rating Applicable S&P/Moody's Utilization Fee -------------------------------- ----------------------------- Level 1 BBB+ or Baa1 or above 0.125% -------------------------------- ----------------------------- Level 2 BBB or Baa2 0.250% -------------------------------- ----------------------------- Level 3 BBB- and Baa3 0.000% -------------------------------- ----------------------------- Level 4 BBB- or Baa3 0.000% -------------------------------- ----------------------------- Level 5 BB+ and Ba1 0.000% -------------------------------- ----------------------------- Level 6 Lower than Level 5 0.000% -------------------------------- -----------------------------

  • Base Fee $60 million (Avg Daily Net Assets For Most Recent Month) * 0.45% * (31/365) = $22,931.51 Performance Fee: $40 million (Avg Daily Net Assets for rolling 12-month period) * -0.25% * (31/365) = $(8,493.15) Total Fulcrum Fee: $14,438.36 = $22,931.51 (Base Fee) - $8,493.15 (Performance Fee)

  • Management Fee has the meaning given in Section 4.1.

  • Non-Utilization Fee has the meaning assigned thereto in the Pricing Side Letter.

  • Monitoring Fee means the fees payable to the Lender pursuant to Section 2.03(b) below.

  • Amendment Fee means any fee offered, paid or payable to any Lender Party by the Borrower or any Affiliate of the Borrower (whether directly or through the Administrative Agent or any other Person) in consideration for any waiver of, or agreement to amend or modify any provision of, any of the Financing Documents.

  • Availability Payment means the payment to Owner described in Section 8.1 for Condition 1 and 8.2 for Condition 2.

  • Service Fee means a fee charged by us to you for the administration of your credit facility.

  • Advance Reimbursement Amounts As defined in Section 3.29 hereof.

  • Success Fee means the fee to be paid by PURCHASER to SELLER as specified in Exhibit D upon successful FDA Approval.

  • Expense Fee As to each Mortgage Loan and any Distribution Date, the product of the Expense Fee Rate and its Stated Principal Balance as of that Distribution Date.

  • Applicable Commitment Fee Rate shall mean the percentage rate per annum based on the Leverage Ratio then in effect according to the pricing grid on Schedule 1.1(A) below the heading “Commitment Fee.”

  • Arrangement Fee has the meaning specified in Section 2.05(a).

  • Loan Fee shall have the meaning assigned in Section 5.1.