Tier Charge definition

Tier Charge means, as of any month of determination, a rate equal to (a) with respect to Tier 1 Loans, [TEXT REDACTED] basis points per annum, (b) with respect to Tier 2 Loans, [TEXT REDACTED] basis points per annum, (c) with respect to Tier 3 Loans, [TEXT REDACTED] basis points per annum and (d) with respect to Tier 4 Loans, [TEXT REDACTED] basis points per annum.
Tier Charge means, as of any month of determination, (a) if the average aggregate unpaid principal balance of the Total Loans is [***] (collectively, “Tier 1 Loans”), [***] basis points and (b) if the average aggregate unpaid principal balance of the Total Loans [***] (collectively, “Tier 2 Loans”), [***] basis points on the Tier 1 Loans and [***] basis points on the Tier 2 Loans.

Examples of Tier Charge in a sentence

  • Answer: -'Basic service tier' means a package of free-to-air channels provided by a multi system operator /cable operator which can be viewed without any Set Top Box attached to the television set and the Basic Service Tier Charge is single price payable by the subscribers to the local cable operator for such package consisting of Free to Air channels.

  • The Domestic Transport Charge will be comprised of the applicable Tier Charge based on the Tier to which the call is terminated.

  • The Transport Charge for each Tier (the "Tier Charge") relative to each Service is shown below: (ii) The Tier Charges for Carrier TERMINATION Service calls (regardless of jurisdiction or time of day) within the continental United States or from the continental United States to an Extended Location or International location are shown below.

  • The usage charge is levied on a two-tiered basis for the Mareeba, Kuranda, Chillagoe, Dimbulah and Mt Molloy water areas with a lower charge (First Tier Charge) for water consumption up to the First Tier Limit and a higher usage charge (Second Tier Charge) for consumption above the First Tier Limit.

  • With respect to TERMINATION Service calls to Alaska, Hawaii, Puerto Rico and the United States Virgin Islands (hereinafter an "Extended Location"), or to an International location (including Canada and Mexico), the Domestic Transport Charge will be comprised of the applicable terminating Tier Charge which will be deemed to be Tier A.

Related to Tier Charge

  • User charge means a charge imposed on airlines for the provision of airport, air navigation, or aviation security facilities or services including related services and facilities.

  • Adviser Charge : means the fee agreed with your financial adviser in remuneration for the personal recommendation received prior to submission of an Application Form.

  • User Charges means a charge made to airlines by a service provider for the provision of airport, airport environmental, air navigation and aviation security facilities and services.

  • Surrender Charge means a charge levied on the Fund Value at the time of surrender of the Policy.

  • Water Charges means service charges in respect of the provision of water.

  • Room charge means the charge imposed for the use or occupancy of a room, excluding charges for food, beverages, state use tax, telephone service, or like services paid in connection with the charge, and excluding reimbursement of the assessment imposed by this act.

  • Termination Charge means a charge levied when an unamortized balance remains and the Jurisdiction requests termination of Street Lighting Service. The charge is determined by costs of equipment, installation, removal, disposal, Capital Recovery Period, and Utility Financing Cost minus payments made to date for the specific fixtures.

  • Other Charges means all ground rents, maintenance charges, impositions other than Taxes, and any other charges, including, without limitation, vault charges and license fees for the use of vaults, chutes and similar areas adjoining the Property, now or hereafter levied or assessed or imposed against the Property or any part thereof.

  • Transition charge means a nonbypassable rate or charge to be imposed on a customer to pay

  • Service Charge means the amount charged for making a service available on line and is in addition to the actual fee for a service itself. For example, one who renews a license on line will pay the license renewal fee and a service charge.

  • Monthly Charge shall have the meaning set forth in Article 5.

  • Minimum Charge means the higher of the rate minimum and the rate applied to the Contracted Minimum Demand;

  • Penalty Charge means a penalty charge which is payable by virtue of paragraph 3(1) and (2) of Schedule 3 to this Act;

  • Facility Charge means one percent (1%) of the Maximum Term Loan Amount.

  • Transition bond charge means a charge, expressed as an

  • No Charge Bid When Bids are requested on a number of Products as a Group or Lot, a Bidder desiring to Bid “no charge” on a Product in the Group or Lot must clearly indicate such. Otherwise, such Bid may be considered incomplete and be rejected, in whole or in part, at the discretion of the Commissioner.

  • Energy Charge means a charge for each kilowatt-hour (kWh) of electrical energy;

  • Annual Service Charge for any period means the aggregate interest expense for such period in respect of, and the amortization during such period of any original issue discount of, Indebtedness of the Issuer and its Subsidiaries.

  • Hire Charge or “Hire Charges” means the rates and charges payable by You for the hire of the Equipment.

  • Monthly Charges means a finance carrying charge of one and one-half of one percent (1.5%) and a storage and handling charge of one-half of one percent (0.5%), in each case of the Cost of the Inventory and/or Special Inventory and/or of the fees for the Product affected by the reschedule or cancellation (as applicable) per month until such Inventory and/or Special Inventory and/or Product is returned to the vendor, used to manufacture Product or is otherwise purchased by Customer.

  • transaction charge means any amount charged to a client by a registered firm in respect of a purchase or sale of a security and includes any federal, provincial or territorial sales taxes paid on that amount;

  • Premium surcharge means a payment required from a subscriber, in addition to the subscriber's medical premium contribution, due to an enrollee's tobacco use or an enrolled subscriber's spouse or state registered domestic partner choosing not to enroll in their employer- based group medical when:

  • Administrative Charge means, with respect to any Lease, any payment (whether or not part of the fixed monthly payment) payable to the related Lessor representing a disposition fee, a late payment fee, an Extension Fee, an allocation to the related Lessee of insurance premiums, sales, personal property or excise taxes or any other similar charge.

  • Connection Charge is the sum payable by the Communications Provider in accordance with the Openreach Price List for provisioning of the Service;

  • Access Charge has the meaning set out in Clause 6.1;

  • Insurance Premiums shall have the meaning set forth in Section 6.1(b) hereof.