OID Fee definition

OID Fee has the meaning given to such term in Section 2.5(a).

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OID Fee has the meaning specified in Section 2.9(2).

OID Fee means, for each New Money Provider, an original issue discount fee at the rate of 1.00 per cent. calculated on the full initial nominal amount of the New Money Notes.

Examples of OID Fee in a sentence

• The Issuer (or, as applicable, Issuer 2) shall pay or procure to be paid the OID Fee in the amount and at the times agreed in a Fee Letter.

• The Lenders and the Administrative Agent shall have received all fees required to be paid, and all expenses for which invoices have been presented, on or before the Effective Date, including the OID Fee.

• You authorise the Agent (and/or us) to deduct the Arrangement Fee, the OID Fee and (if applicable) the Facility B Ticking Fee (as defined in Schedule 1 (Facility B Flex Items)) from the proceeds of the first utilisation under the Facilities.

• The OID Fee is nonrefundable and deemed fully earned on the Closing Date.

• The Issuer shall pay or procure to be paid the OID Fee in the amount and at the times agreed in a Fee Letter.

More Definitions of OID Fee

OID Fee as defined in Section 2.4.