Mandatory Cost definition

Mandatory Cost means, with respect to any period, the percentage rate per annum determined in accordance with Schedule 1.01.
Mandatory Cost means any amount incurred periodically by any Lender during the term of the Facility which constitutes fees, costs or charges imposed on lenders generally in the jurisdiction in which such Lender is domiciled, subject to regulation, or has its Facility Office by any Governmental Authority.

Examples of Mandatory Cost in a sentence

  • Cost Sharing as defined above may fall under either of the following categories: • Mandatory Cost Sharing: Cost contribution to the project required by the sponsor as a condition of the award.


More Definitions of Mandatory Cost

Mandatory Cost is described in Schedule 2.02.
Mandatory Cost means, with respect to any period, the percentage rate per annum determined in accordance with Schedule 1.01(a).
Mandatory Cost means the percentage rate per annum calculated by the Administrative Agent in accordance with Schedule 1.1(b) hereto.
Mandatory Cost means, with respect to any Lender, the cost imputed to such Lender of compliance with the requirements of the Bank of England or the Financial Services Authority during the relevant Interest Period, determined in accordance with Schedule 1.01.