Variable Facility Fee means the applicable variable facility fee shown on the Summary of Credit Facility Structure as adjusted, if applicable, as set forth in Section 15.03 of this Agreement.
Variable Facility Fee. Has the meaning set forth in the Master Agreement. Event of Default and other capitalized terms used but not defined in this Note shall have the meanings given to such terms in the Master Agreement or, if not defined in the Master Agreement, as defined in the Security Instrument.
Variable Facility Fee means for any Variable Advance drawn, the number of basis points determined at the time of such Variable Advance by Lender as the Variable Facility Fee for such Variable Advance.
Examples of Variable Facility Fee in a sentence
The Variable Facility Fee shall be payable in advance, in accordance with the terms of the Variable Facility Note.
The Fixed Facility Fee and the Variable Facility Fee shall not increase with respect to the Reserved Amount in the event of an Expansion for so long as the Borrower timely pays the Rate Preservation Fee on the Reserved Amount.
Each installment of the Variable Facility Fee shall be in an amount equal to the product of multiplying (i) the Variable Facility Fee, by (ii) the amount of the Variable Advance, by (iii) 1/12.
In addition to paying the Discount and the partial month interest, if any, the Borrower shall pay monthly installments of the Variable Facility Fee to the Lender on account of each Variable Advance over the whole number of calendar months the MBS backed by the Variable Advance is to run from the MBS Issue Date to the maturity date of the MBS.
The Coupon Rate shall equal the sum of (1) an interest rate as determined by Lender (rounded to three places) payable for the MBS pursuant to the MBS Commitment ("MBS Imputed Interest Rate") and (2) the Variable Facility Fee.
More Definitions of Variable Facility Fee
Variable Facility Fee means for any Variable Advance drawn from any portion of the Variable Facility Commitment increased pursuant to Article 4 at any time during the Term of this Agreement, the number of basis points per annum determined at the time of such Variable Advance by Lender as the Variable Facility Fee for such Variable Advance.
Variable Facility Fee means (i) [*] for a Variable Advance drawn from the Variable Facility Commitment in effect on or prior to the First Anniversary (whether or not drawn by such date), and (ii) for any Variable Advance drawn from any portion of the Variable Facility. * Indicates material that has been omitted and for which confidential treatment has been requested. All such omitted material has been filed with the Securities and Exchange Commission pursuant to Rule 406 promulgated under the Securities Act of 1933, as amended. Master Credit Facility Agreement Definitions Camden 2008 Commitment increased pursuant to Article 4 after the period ending on the First Anniversary, the number of basis points per annum determined at the time of such increase by Lender as the Variable Facility Fee for such Variable Advance.
Variable Facility Fee means (i) 120 basis points per annum for a Variable Advance drawn from the Variable Facility Commitment initially available under the Agreement, (ii) if the Variable Facility Termination Date is extended pursuant to Section 1.07, for any Variable Advance drawn from any portion of the Variable Commitment after the original Variable Facility Availability Period, the number of basis points per annum determined by Lender as the Variable Facility Fee for such period, which fee shall be set by Lender not less than 30 days prior to the commencement of such period, and (iii) for any Variable Advance drawn from any portion of the Variable Facility Commitment increased under Article 4, the number of basis points per annum determined at the time of such increase by Lender as the Variable Facility Fee for such Variable Advance.
Variable Facility Fee means (i) [*] for a Variable Advance drawn from the Variable Facility Commitment in effect on or prior to the First Anniversary (whether or not drawn by such date), and (ii) for any Variable Advance drawn from any portion of the Variable Facility Commitment increased pursuant to Article 4 after the period ending on the First Anniversary, the number of basis points per annum determined at the time of such increase by Lender as the Variable Facility Fee for such Variable Advance. * Indicates material that has been omitted and for which confidential treatment has been requested. All such omitted material has been filed with the Securities and Exchange Commission pursuant to Rule 406 promulgated under the Securities Act of 1933, as amended. Master Credit Facility Agreement Definitions Camden 2008
Variable Facility Fee means, with respect to any Variable Advance, the number of basis points per annum determined by Lender at the time such Variable Advance is made as the Variable Facility Fee for such Variable Advance. In the event the Unused Capacity Fee is being paid, there shall be no change in the Variable Facility Fee with respect to the portion of the Variable Facility Commitment on which the Unused Capacity Fee is being paid.
Variable Facility Fee means (i) 67 basis points per annum (0.67%) for a Variable Advance drawn from the Variable Commitment initially available under this Agreement, (ii) if the Variable Facility Termination Date is extended pursuant to Section 2.07, for any Variable Advance drawn from any portion of the Variable Commitment after the original Variable Facility Availability Period, the number of basis points per annum determined by the Lender as the Variable Facility Fee for such period, which fee shall be set by Lender not less than 30 days prior to the commencement of such period, and (iii) for any Variable Advance drawn from any portion of the Variable Commitment increased under Article VIII, the number of basis points per annum determined at the time of such increase by the Lender as the Variable Facility Fee for such Variable Advances.
Variable Facility Fee means for any Variable Advance drawn, the number of basis points mutually agreed to by Borrower and Lender at the time as the Variable Facility Fee for such Variable Advance (which shall be no more than the amount then being charged by Lender to other borrowers on credit facilities having similar characteristics regarding leverage, recourse and other material terms as determined by Lender).