Reserve Charge definition

Reserve Charge means, for each day on which any Euroloan Rate Amount is outstanding, a reserve charge in an amount equal to the product of: (i) the outstanding principal amount of the Euroloan Rate Amount; multiplied by (a) the Eurodollar Rate (expressed as a decimal) divided by one minus the Reserve Rate, minus (b) the Eurodollar Rate (expressed as a decimal); multiplied by (iii) 1/360.
Reserve Charge means, for any day for any Interest Period, with respect -------------- to Eurodollar Loans comprising part of the same Borrowing, a percentage amount equal to the difference of (a) a fraction (expressed as a percentage) the numerator of which is the Eurodollar Rate (expressed as a decimal) and the denominator of which is one minus the Reserve Rate, minus (b) the Eurodollar ----- ----- Rate (as so expressed).
Reserve Charge means, for each day on which any Standard LIBOR Rate Amount is outstanding, a reserve charge in an amount equal to the product of: (i) the outstanding principal amount of the Standard LIBOR Rate Amount, multiplied by (ii) (a) the LIBOR Rate (expressed as a decimal) divided by one minus the Reserve Rate, minus (b) the LIBOR Rate (expressed as a decimal),

Examples of Reserve Charge in a sentence

  • The Total Requirement is the sum of the following line items: Operation and Maintenance Expenses, Operation and Maintenance Reserve Charge, Debt Service, Debt Service Coverage, Debt Service Reserve Requirement, Non- amortized Capital Expenditures and Amortization Charges.

  • In such an event, A&P will pay C&S a Reserve Charge equal to * for each case of product in excess of the Reserve Limit that is held as of the * .

  • In addition to Basic Rent and other payments due hereunder, Lessee shall pay to Lessor on the tenth (10th) day of each month and, for the last month of the Lease Period, on the date of the Aircraft’s return to Lessor, maintenance reserve charges in the amount of the Maintenance Reserve Charge times the number of Flight Hours incurred on the Aircraft during the preceding month or portion thereof.

  • Upon receipt of each Service Fee, GE Capital shall allocate a portion of such Service Fee to a Loss Reserve Charge and allocate the amount of such Loss Reserve Charge to the Loss Reserve Account.

  • For any day that a LIBOR Rate Loan is outstanding, the Borrower shall pay an amount (the "Reserve Charge") equal to the product of (a) the outstanding principal amount of the LIBOR Rate Loan, times (b) the remainder of (i) a fraction, the numerator of which is the LIBOR Rate and the denominator of which is one minus the Eurocurrency Reserve Rate, minus (ii) the LIBOR Rate times (c) the fraction, the numerator of which is one and the denominator of which is three hundred and sixty (360).

  • The County Reserve Charge of the total water and wastewater Impact Fees for each final site plan shall be due and payable on or before request for final engineering permit approval, which request includes "Application for Installation of Wastewater Collection/Transmission System" (FDEP Permit) or "Application for Construction Permit Extension to Community Water System" (BCHD Permit) or similar agency document.

  • For each day any Eurodollar Loan is outstanding, the Company shall pay to the Agent for the accounts of the Banks an amount equal to the Reserve Charge.

  • The Borrower shall pay to the Lender the Reserve Charge, if any, with respect to LIBOR Amounts of the Loans outstanding from time to time on the dates interest is payable on such LIBOR Amounts.

  • The County Reserve Charge of the total water and wastewater Impact Fees for each site plan shall be due and payable on or before request for final engineering permit approval, which request includes "Application for Installation of Wastewater Collection/Transmission System" (FDEP Permit) or "Application for Construction Permit Extension to Community Water System" (BCHD Permit) or similar agency document.

  • Forward Reserve Charge is a Market Participant’s share of applicable system and Reserve Zone Forward Reserve costs attributable to meeting the Forward Reserve requirement as calculated in accordance with Section III.9.9 of Market Rule 1.


More Definitions of Reserve Charge

Reserve Charge means, for a Contract Year, the per-Ton fee established by the Policy Board and provided in writing by the Policy Board to Covanta on or before the first day of March of the immediately preceding Contract Year; provided, however, that: (i) the Reserve Charge for the Contract Year from [July 1, 2011 through June 30, 2012] shall be $ per Ton of Acceptable Solid Waste; (ii) if the Policy Board fails to timely give Covanta notice of the Reserve Charge for a Contract Year, the Reserve Charge for such Contract Year will be the Reserve Charge for the immediately preceding Contract Year; and (iii) any interest
Reserve Charge. An amount equal to the product of (i) the outstanding principal amount of the Eurodollar Loans hereunder times (ii) the remainder of (a) the LIBO Rate, expressed as a decimal, divided by the remainder of one minus the Reserve Rate, minus (b) the LIBO Rate; times (iii) the fraction, the numerator of which shall be one and the denominator of which shall be three hundred and sixty (360).
Reserve Charge means such sums as shall be considered necessary by the Landlord (to be conclusively determined by the Landlord (who shall act reasonably)) to provide reserves or sinking funds for items of future expenditure to be or expected to be incurred at any time in connection with the Premises or Building“
Reserve Charge means that charge by Lender to Borrower, as set forth on the applicable Advance Schedule, assessed for the purpose of funding any Reserve.
Reserve Charge means, for each day on which any LIBOR Amount is outstanding, a reserve charge in an amount equal to the product of: (i) the outstanding principal amount of the LIBOR Amount, multiplied by (a) LIBOR (expressed as a decimal) divided by one minus the Reserve Rate, minus (b) LIBOR (expressed as a decimal), multiplied by (iii) 1/360.
Reserve Charge means, for any Interest Period for any Eurocurrency Advance or Eurocurrency Loan, a rate determined on the second Business Day prior to the last day of such Interest Period in accordance with the following formula: