Stay Fee definition

Stay Fee means a forbearance fee in an amount equal to 4% of the Stay Fee Parties’ Second Lien Bond Claims.
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Stay Fee means a forbearance fee in an amount equal to 4% of the Stay Fee Parties’ Second ▇▇▇▇ ▇▇▇▇ Claims.
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Examples of Stay Fee in a sentence

  • CEC’s obligation to pay the Stay Fee shall survive any termination of this Agreement by (a) the Requisite Consenting Second Lien Creditors or the Company on account of a breach by CEC of its obligations hereunder or (b) CEC pursuant to Sections 11(c) or 11(j) hereof.

  • Therefore, if anytime between the Check-in Date and the Check-out Date (i) the Educational Extended Stay Agreement is terminated for any cause attributable to the Contracting Party and/or Guest, or (ii) the Contracting Party and/or Guest withdraws from the Educational Extended Stay Agreement, TSH Spain will be entitled to receive a compensation established as a penalty (cláusula penal) –without having to prove any losses or damages- equivalent to the Extended Stay Fee.

  • Once earned and upon the assumption of this Agreement by CEC in a CEC Chapter 11 Case, the Stay Fee Parties will have an allowed administrative claim against CEC in the amount of the Stay Fee.

  • For greater clarity the Aggressive Dog Fee and Extended Stay Fee shall not be charged by the Society on the same day.