Rate and Fee Basis definition

Rate and Fee Basis. All per annum rates shall be calculated on the basis of a year of 360 days (or 365/366 days, in the case of ABR Loans the interest rate payable on which is then based on the Prime Rate) for actual days elapsed.
Sample 1Sample 2
Rate and Fee Basis. All per annum rates shall be calculated on the basis of a year of 360 days (or 365/366 days, in the case of Base Rate Loans the interest rate payable on which is then based on the Prime Rate) for actual days elapsed. Pricing Schedule ----------------------------------------------------------------------------------------------------- Revolving Loans Tranche A Loans Tranche B Loans Tranche C Loans ----------------------------------------------------------------------------------------------------- Eurodollar Loans 3.25% 3.25% 4.00% 2.75% ----------------------------------------------------------------------------------------------------- Base Rate Loans 2.25% 2.25% 3.00% 1.75% -----------------------------------------------------------------------------------------------------
Sample 1
Rate and Fee Basis. All per annum rates shall be calculated on the basis of a year of 360 days (or 365/366 days, in the case of Base Rate Loans the interest rate payable on which is then based on the Prime Rate) for actual days elapsed. Unused Line Fee: 50 basis points (0.50%) from the Availability Date.
Sample 1Sample 2

Examples of Rate and Fee Basis in a sentence

  • Rate and Fee Basis: All per annum rates shall be calculated on the basis of a year of 360 days (or 365/366 days, in the case of ABR Loans the interest rate payable on which is then based on the Prime Rate) for actual days elapsed.

  • Rate and Fee Basis: All per annum rates shall be calculated on the basis of a year of 360 days (or 365/366 days, in the case of Base Rate Loans the interest rate payable on which is then based on the Prime Rate) for actual days elapsed.

  • Rate and Fee Basis: All per annum rates shall be calculated on the basis of a year of 360 days (or 365/366 days, in the case of ABR Loans the interest payable on which is then based on the Prime Rate) for actual days elapsed.

  • Rate and Fee Basis: All per annum rates shall be calculated on the basis of a year of 360 days (or 365/366 days, in the case of ABR Loans, the interest rate payable on which is then based on the ABR).

  • Annex I-1 Rate and Fee Basis: All per annum rates shall be calculated on the basis of a year of 360 days (or 365/366 days, in the case of CB Floating Rate Loans the interest rate payable on which is then based on the Prime Rate (as defined in the DIP Credit Agreement), for actual days elapsed.

  • Rate and Fee Basis: 360 days for actual days elapsed, in the case of calculation of the Eurodollar Rate and any rate based upon the Federal Funds Rate; otherwise, 365/6 days for actual days elapsed.

  • Rate and Fee Basis All per annum rates shall be calculated on the basis of a year of 360 days and the actual number of days elapsed.

  • Rate and Fee Basis All per annum rates will be calculated on the basis of a year of 360 days (or 365 days, in the case of Base Rate Loans the interest rate payable on which is then based on the Prime Rate) and the actual number of days elapsed.

  • Rate and Fee Basis: Subject to the Revolving Credit Documentation Principles, substantially consistent with the section titled “Rate and Fee Basis” set forth in Exhibit A to the Commitment Letter.

  • Rate and Fee Basis: All per annum rates shall be calculated on the basis of a year of 360 days.


More Definitions of Rate and Fee Basis

Rate and Fee Basis. All per annum rates shall be calculated on the basis of a year of 360 days (or 365/366 days, in the case of ABR Loans the interest rate payable on which is then based on the Prime Rate) for actual days elapsed. Schedule I SOURCES AND USES* Sources:** ------- Facility I Term Loans $190,000,000 Facility II Term Loans $ 80,000,000 Revolving Loans*** $ 0 Choice Hotels International Note $ 60,000,000 Planned Asset Sale $ 16,300,000 Options Proceeds $ 600,000 Xxxxxx Rollover Equity $ 52,600,000 Management Rollover Equity $ 6,200,000 Cash Common Equity $ 0 Total Sources $405,700,000 ============ Uses: ---- Purchase of Common Equity $ 52,100,000 Xxxxxx Rollover Equity $ 52,600,000 Management Rollover Equity $ 6,200,000 Refinance Existing Credit Agreement $ 5,800,000 Refinance Mortgage Certificates $ 96,700,000 Working Capital $ 6,100,000 Choice Hotels International Note Purchase Options $ 900,000 Purchase Restricted Shares $ 5,800,000 Payment of Fees and Expenses (including breakage costs under Mortgage Certificates) $ 26,000,000 Total Uses $405,700,000 ============ __________________________________ *. All dollar amounts are approximations. **. To be adjusted upon consummation of the Pending Clarion Sales to reflect the consummation thereof. The Facility II Term Loans shall be reduced by an amount equal to the net cash proceeds of such Pending Clarion Sales.
Sample 1
Rate and Fee Basis. All per annum rates shall be calculated on the basis of a year of 360 days (or 365/366 days, in the case of ABR Loans the interest rate payable on which is then based on the Prime Rate) for actual days elapsed. Appendix A ---------- SOURCES AND USES ---------------- Sources Uses ------- ---- Revolving Credit Facility $ 500,000/1/ Purchase Price $131,447,700 Term Loan A $ 62,500,000 Refinance Existing Debt $115,060,320/1/ Term Loan B $ 62,500,000 Cash ($ 9,434,248) Sponsor Preferred Equity $ 37,500,000 Option Proceeds ($ 7,077,723) Management Preferred Equity $ 20,000,000 Cash to B/S $ 3,951/1/ Sponsor Common Equity $ 37,500,000 Fees and expenses $ 10,500,000 ------------ Management Common Equity $ 20,000,000 ------------ $240,500,000 $240,500,000 ============ ============
Sample 1
Rate and Fee Basis. All per annum rates shall be calculated on the basis of a year of 365/366 days for actual days elapsed. ------------------------------------------------------------------------------- [CHASE LOGO] 10 CHASE SECURITIES INC. 75 CONFIDENTIAL HANOVER COMPRESSOR COMPANY -------------------------------------------------------------------------------- ANNEX I-A APPLICABLE MARGIN/COMMITMENT FEE For Loans, the rate per annum set forth below opposite the ratio of indebtedness to EBITDA: Debt/EBITDA RATIO ABR LOANS EURODOLLAR LOANS COMMITMENT FEE ----- --------- ---------------- -------------- <1.00 0.00% 0.75% .1875% - >1.00 and < or = 2.00 0.00% 1.00% .25% >2.00 and < or = 3.00 0.50% 1.25% .30% >3.00 and < or = 4.00 0.50% 1.50% .30% >4.00 0.75% 1.75% .375% -------------------------------------------------------------------------------- [CHASE LOGO] CHASE SECURITIES INC.
Sample 1
Rate and Fee Basis. All per annum rates shall be calculated on the basis of a year of 360 days (or 365/366 days, in the case of ABR Loans the interest rate payable on which is then based on the Prime Rate) for actual days elapsed. Annex I-A Level Applicable Margin Applicable Facility Fee Percentage ------------------------------------------------------------------------------------------------------- I .300% .075% ------------------------------------------------------------------------------------------------------- II .400% .100% ------------------------------------------------------------------------------------------------------- III .500% .125% ------------------------------------------------------------------------------------------------------- IV .700% .175% ------------------------------------------------------------------------------------------------------- V 1.15% .225% -------------------------------------------------------------------------------------------------------
Sample 1
Rate and Fee Basis. As set forth in the Existing Term Loan Credit Agreement. Optional Prepayments and
Sample 1
Rate and Fee Basis. Shall at all times be calculated on the basis of a 360-day year and the actual number of days elapsed. XXXXXXX X-0 ----------- American Business Financial Services, Inc. Residential Mortgage Loan Residual Master Repurchase Agreement Summary of Terms and Conditions for Residual Repo October 26, 2004
Sample 1

Related to Rate and Fee Basis

  • Pricing Rate the per annum percentage rate for determination of the Price Differential;

  • Interest Rate Basis means the Base Rate or the Eurodollar Basis, as applicable.

  • Base Rate Basis means a simple interest rate equal to the sum of (i) the Base Rate and (ii) the Applicable Margin applicable to Base Rate Advances for the applicable Loans. The Base Rate Basis shall be adjusted automatically as of the opening of business on the effective date of each change in the Base Rate to account for such change, and shall also be adjusted to reflect changes of the Applicable Margin applicable to Base Rate Advances.

  • EURIBOR Rate has the meaning assigned thereto in the definition of “Eurocurrency Rate”.

  • Ramp Rate is the applicable Ramp Rate as stated in Section 8 of Schedule A.

  • Reference Rate means the rate specified as such hereon.

  • LIBOR Basis means a simple per annum interest rate equal to the lesser of ----------- (a) the Highest Lawful Rate, or (b) the sum of the LIBOR Rate plus the Applicable LIBOR Rate Margin. The LIBOR Basis shall, with respect to LIBOR Advances subject to reserve or deposit requirements, be subject to premiums for such reserve or deposit requirements assessed by each Lender to the extent incurred by such Lender, which are payable directly to each Lender. Once determined, the LIBOR Basis shall remain unchanged during the applicable Interest Period.

  • LIBOR Rate Margin has the meaning set forth in the definition of Applicable Margin.

  • LIBOR Rate means a rate per annum (rounded upwards, if necessary, to the next higher 1/100th of 1%) determined by the Administrative Agent pursuant to the following formula: LIBOR Rate = LIBOR

  • Daily LIBOR Rate means, for any day, the rate per annum determined by the Agent by dividing (x) the Published Rate by (y) a number equal to 1.00 minus the Reserve Percentage.

  • CDOR Rate means, the rate per annum, equal to the average of the annual yield rates applicable to Canadian Dollar banker’s acceptances at or about 10:00a.m. (Toronto, Ontario time) on the first day of such Interest Period (or if such day is not a Business Day, then on the immediately preceding Business Day) as reported on the “CDOR Page” (or any display substituted therefor) of Reuters Monitor Money Rates Service (or such other page or commercially available source displaying Canadian interbank bid rates for Canadian Dollar bankers’ acceptances as may be designated by the Administrative Agent from time to time) for a term equivalent to such Interest Period (or if such Interest Period is not equal to a number of months, for a term equivalent to the number of months closest to such Interest Period).

  • EURIBOR means, in relation to any Loan in euro:

  • LIBOR Applicable Margin means, as of any date with respect to any LIBOR Interest Period, the Applicable Margin in effect for such LIBOR Interest Period as determined in accordance with Section 2.4 hereof.

  • LIBOR Daily Floating Rate means, for any day, a fluctuating rate of interest per annum equal to LIBOR as published on the applicable Bloomberg screen page (or such other commercially available source providing such quotations as may be designated by Administrative Agent from time to time), at approximately 11:00 a.m., London time, two (2) London Banking Days prior to such day, for Dollar deposits with a term of one (1) month commencing that day; provided that if the LIBOR Daily Floating Rate shall be less than zero, such rate shall be deemed zero for purposes of the Loan Documents.

  • Applicable LIBOR Rate Margin means the following per annum percentages, applicable in the following situations:

  • Applicable Margin means, with respect to Advances of any Type at any time, the percentage rate per annum which is applicable at such time with respect to Advances of such Type as set forth in the Pricing Schedule.

  • LIBOR Base Rate means, for each Interest Period, the London interbank offered rate for six-month deposits in Dollars for value the first day of such Interest Period (or, in the case of the initial Interest Period, for value the Interest Payment Date occurring on or next preceding the first day of such Interest Period), as reasonably determined by the Bank and expressed as a percentage per annum.

  • Curr Rate CLTV: Prin Bal: Maturity Date: Lien Pos: 4059041 UT 180 14 153603.56 35000 498.88 664 405904100000000 6 178 1 162000 11/22/2000 38 RIVERTON 84065 2 15.380 117 34948.44 11/29/2015 2 4059042 CT 300 14 114251.25 63100 759.1 701 405904200000000 8 298 1 142000 11/22/2000 25 WEST HAVEN 6516 2 13.990 125 63052.81 11/29/2025 2 4059043 AL 300 14 78002.5 58000 653.71 701 405904300000000 8 298 1 120000 11/18/2000 27 ALABASTER 35007 2 12.990 114 57804.38 11/24/2025 2 4059044 LA 180 14 85280.65 18400 270.12 664 405904400000000 6 178 1 83000 11/22/2000 44 WEST MONROE 71292 2 15.990 125 18349.79 11/29/2015 2 4059045 CO 180 14 120223.65 48000 675.92 663 405904500000000 6 178 1 155000 11/24/2000 48 DENVER 80249 2 15.130 109 47929.08 11/30/2015 2 4059046 VA 180 14 74038.18 44500 592.33 682 405904600000000 6 178 1 96000 11/22/2000 40 CHESAPEAKE 23322 2 13.990 124 44352.08 11/29/2015 2 4059047 NY 180 14 76414.36 16000 223.83 662 405904700000000 6 178 1 90000 11/25/2000 34 ALBANY 12210 2 14.990 103 15925.11 11/30/2015 2 4059048 OK 120 14 57160.45 11200 194.59 645 405904800000000 5 118 1 65000 11/24/2000 30 YUKON 73099 2 16.990 106 11127.45 11/30/2010 2 4059049 CT 180 14 104687.05 36300 507.81 665 405904900000000 6 178 1 113000 11/17/2000 33 BRISTOL 6010 2 14.990 125 36245.64 11/24/2015 2 4059050 NY 180 14 85937.89 45000 629.51 663 405905000000000 6 178 1 110000 11/22/2000 28 CORTLAND 13045 2 14.990 120 44932.62 11/29/2015 2 4059051 MA 180 14 119094.95 25000 367.01 667 405905100000000 6 178 1 145000 11/18/2000 39 TEMPLETON 1468 2 15.990 100 24930.78 11/24/2015 2 4059052 WI 180 14 83695.86 39300 496.99 726 405905200000000 6 178 1 104000 11/19/2000 30 TWIN LAKES 53181 2 12.990 119 39225.42 11/24/2015 2 4059053 PA 300 14 93747.78 57900 696.54 687 405905300000000 8 298 1 121500 11/21/2000 49 BETHLEHEM 18015 2 13.990 125 57849.75 11/28/2025 2 4059054 GA 300 14 82765.36 31600 392.53 664 405905400000000 8 298 1 110000 11/22/2000 43 MAYSVILLE 30558 2 14.500 104 31578.47 11/29/2025 2 4059055 FL 180 14 90534.67 29200 364.67 735 405905500000000 6 178 1 100000 11/18/2000 42 JACKSONVILLE 32223 2 12.750 120 29090.58 11/24/2015 2 4059056 VA 180 14 175928.81 50000 699.46 661 405905600000000 6 178 1 200000 11/18/2000 42 VIRGINIA BEACH 23456 2 14.990 113 49849.31 11/24/2015 2

  • Alternate Base Rate means, for any day, a rate per annum equal to the greater of (a) the Prime Rate in effect on such day and (b) the Federal Funds Effective Rate in effect on such day plus 1/2 of 1%. Any change in the Alternate Base Rate due to a change in the Prime Rate or the Federal Funds Effective Rate shall be effective from and including the effective date of such change in the Prime Rate or the Federal Funds Effective Rate, respectively.

  • Fee Basis Amount As of any date of determination, the sum of (a) the Collateral Principal Amount, (b) the Aggregate Principal Balance of all Defaulted Obligations and (c) the aggregate amount of all Principal Financed Accrued Interest.

  • CMS Rate means the applicable swap rate for swap transactions in the Reference Currency with a maturity of the Designated Maturity, expressed as a percentage, which appears on the Relevant Screen Page as at the Specified Time on the relevant Interest Determination Date in question, all as determined by the Calculation Agent.

  • Benchmark Rate means, with respect to any Redemption Date, the rate per annum equal to the annual equivalent yield to maturity or interpolated maturity of the Comparable Benchmark Issue (as defined below), assuming a price for the Comparable Benchmark Issue (expressed as a percentage of its principal amount) equal to the Comparable Benchmark Price for such Redemption Date.

  • Prime Rate Margin is set forth on Schedule I hereto.

  • USD-LIBOR-BBA As defined in the Swap Agreement in the Annex to the 2000 ISDA Definitions.

  • Interbank Rate means, for any period, (i) in respect of Loans denominated in Dollars, the Federal Funds Rate, and (ii) in respect of Loans denominated in any other currency, the Administrative Agent’s cost of funds for such period.

  • LIBOR Margin has the meaning given that term in Section 2.2.(c)(ii)(D).