Stand-By Fee definition

Stand-By Fee means the management fee set out in Article 27.4.

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Stand-By Fee means the fee calculated in accordance with Section 4.10 hereof;

Stand-By Fee shall have the meaning ascribed to it in the Pandemic Preparedness Agreement.

Examples of Stand-By Fee in a sentence

• The parties acknowledge that the payment of such Stand-By Fee shall be expressly excluded from the Current Account mechanism.

• The Stand-By Fee shall be payable quarterly, in arrears, on the third Business Day of each fiscal quarter of the Borrower, the first such payment of the Stand-By Fee becoming due and payable on September 28, 2005.

• Any arrears on the payment of the Stand-By Fee shall bear interest, computed daily, on the daily balance thereof on a Prime Rate Basis, from the date it becomes due up to and including the day preceding the day of the payment in full thereof.

• The Stand-By Fee shall be calculated by SENN based on the Change Order request.

• For greater certainty, the number of Common Shares to be issued by the Company under this Section 3.5 in satisfaction of any portion of the Stand-By Fee chosen by the Company to be paid in Common Shares ("Consideration Shares") shall be calculated based on a price equal to the Subscription Price.

• The Parties acknowledge that the payment of such Stand-By Fee shall be expressly excluded from the Current Account mechanism.

• The Crossings at Bellevue Stand-By Fee shall be paid in full by Owner on the Fannie Mae Facility Closing Date.

• The maximum amount of such Stand-By Fee shall be equal to, for the first year following the 2014 Amendment Date, €200,000 (exclusive of VAT) (for the up-front part), and €200,000 per annum (exclusive of VAT) (for the on-going part) and, if different, shall afterwards be agreed on or about each anniversary date of such 2008 Amendment Date between the Purchaser and the Stand-By Servicer.

• As compensation for performing its obligations under this Agreement, the Company has agreed to pay to the Standby Guarantor a fee (the "Stand-By Fee") equal to 3.0% of the aggregate Subscription Price to be paid for the Rights Shares to be issued pursuant to the Rights Offering, which Stand-By Fee may be paid by the Company to the Standby Guarantor in cash or, if agreed to by the Company and the Standby Guarantor prior to the Closing, in Common Shares.

• In the event the Consortium is required to fully or partly refund the Stand-by Fee plus interest in accordance with the Pandemic Preparedness Agreement due to the European Commission or a competent national court of final instance having ruled the Stand-By Fee to contain an unlawful State aid, the Parties shall refund the respective amount of the Stand-by Fee in equal shares.

More Definitions of Stand-By Fee

Stand-By Fee shall have the meaning assigned to it in the Special Conditions.

Stand-By Fee has the meaning assigned to that term in Section 2.06 of these Special Conditions.

Stand-By Fee means the fee payable by the Borrower as provided for in Section 3.15.

Stand-By Fee shall fluctuate as follows: (a) 0.25 % if the Revolving Credit Facility is utilized in excess of 66%; (b) 0.35 % if the Revolving Credit Facility is utilized between 33% and 66%; ________________________ [FN] 1 Face amount of the Banker's Acceptance.