Examples of Issuer Fee in a sentence
The Owner and Issuer hereby agree that the Issuer shall on each Calculation Date calculate the Ongoing Issuer Fee to be paid in advance for the next year solely based on the most recent information received from the Owner pursuant to this paragraph, or based on the original par amount of the Bonds if the Owner has never provided any such information, and that the Issuer shall be under no obligation to attempt to obtain such information from the Owner on or prior to any such Calculation Date.
The full Ongoing Issuer Fee shall continue to be payable unless and until the Issuer has confirmed receipt of all amounts then due and payable in arrears by the Owner to the Issuer in connection with the Bonds, at which point the Ongoing Compliance Monitoring Fee shall become effective.
EXHIBIT 6 A INSTALLMENT PAYMENTS Bond Year* (A) Bond Payment: Principal (B) Bond Payment: Interest (C) Total Bond Payment (A +B) (D) Trustee Fee (E) Issuer Fee (F) Total Administrative Payments (D + E) (G) Semi-Annual Payments (C + F) (H) Monthly Installment Payment Obligation Totals *Year commencing with the first full month following the issuance of the Bonds.
Notwithstanding any prepayment of the Loan and/or a discharge of the Pledge and Assignment, the Owner shall continue to pay (or, to the extent allowed under the Code, may prepay the present value at such time of) the Issuer Fee (as defined below) and such other costs and expenses as provided herein, unless such prepayment of the Loan is made in connection with a refunding of the Bonds.
On the Closing Date, the Issuer shall be paid a one-time fee equal to $15,250 plus the initial ongoing Issuer Fee of $15,250.