Winning Fee Rate definition

Winning Fee Rate means the lowest Fee Bid submitted by a Winning Fund in connection with a given Auction at which all of the Final Auction Amount may be invested.
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Examples of Winning Fee Rate in a sentence

  • The Winning Fee Rate shall be the lowest fee rate bid at which the entire Final Auction Amount can be invested.

  • If the Fund's Fee Bid is equal to or greater than the Winning Fee Rate, the Fund shall be a Winning Fund.

  • If the Fund’s Fee Bid is equal to or greater than the Winning Fee Rate, the Fund shall be a Winning Fund.

  • If the Fund was a Winning Fund in the Auction, and experienced more net redemptions than previously reported, ReFlow shall issue another purchase order to the Fund for Shares in the amount of the error, which the Fund agrees to accept in accordance with its prospectus, at the Winning Fee Rate determined in the Auction, up to the amount of the cash available as determined by ReFlow, subject to an overall limit of share purchases by ReFlow that do not exceed the Final Auction Amount.

  • If the Fund was a Winning Fund in the Auction, and experienced more net redemptions than previously reported, ReFlow shall issue another purchase order to the Fund for Shares in the amount of the increase in the Auction Bid Dollar Amount, which the Fund agrees to accept, at the Winning Fee Rate determined in the Auction, up to the amount of the cash available as determined by ReFlow, subject to an overall limit of share purchases by ReFlow that do not exceed the Final Auction Amount.

  • If the Fund was a Winning Fund in the Auction, and experienced more net redemptions than previously reported, ReFlow shall issue another purchase order to the Fund for Shares in the amount of the error, which the Fund agrees to accept, at the Winning Fee Rate determined in the Auction, up to the amount of the cash available as determined by ReFlow, subject to an overall limit of share purchases by ReFlow that do not exceed the Final Auction Amount.

  • If the Fund' s Fee Bid is equal to or greater than the Winning Fee Rate, the Fund shall be a Winning Fund.

  • If the Fund reports net redemptions, and the Fund's Fee Bid was equal to or greater than the Winning Fee Bid, ReFlow shall issue a purchase order to the Fund for Shares in the amount of net redemptions reported, at the Winning Fee Rate determined in the Auction, up to the amount of the Cash Reserve.

  • If the Fund is a Winning Fund in an Auction, the Fund shall pay to ReFlow the Auction Program Fee, which shall equal the Winning Fee Rate multiplied by the aggregate dollar amount of Shares purchased in the Auction.

  • If the Fund was a Winning Fund in the Auction, and experienced more net redemptions than previously reported, ReFlow shall issue another purchase order to the Fund for Shares in the amount of the error, at the Winning Fee Rate determined in the Auction, up to the amount of the Cash Reserve.

Related to Winning Fee Rate

  • L/C Fee Rate means the rates set forth in Schedule 1 hereto beside the then applicable Level.

  • Expense Fee Rate As to each Mortgage Loan, the sum of (a) the related Servicing Fee Rate and (b) the Trustee Fee Rate.

  • Unused Fee Rate means a rate per annum equal to 0.50%.

  • Program Fee Rate is defined in the Fee Letter.

  • Utilization Fee Rate means the percentage set forth in Schedule 1 hereto beside the then applicable Level.

  • Undrawn Fee Rate For any VFN Class, the rate set forth or described in the related Indenture Supplement, if any. United States and U.S.: The United States of America.

  • Facility Fee Rate means a rate per annum determined in accordance with the Pricing Schedule.

  • Fee Rate means initially 0.25% per annum, which shall be subject to increase by 0.25% per annum for each Week in respect of which any Failure has occurred and is continuing.

  • Applicable Fee Rate means, at any time, the percentage rate per annum at which Commitment Fees are accruing on the unused portion of the Aggregate Commitment at such time as set forth in the Pricing Schedule.

  • Applicable Utilization Fee Rate means, as of any date, the percentage rate per annum at which Utilization Fees accrue on all Revolving Credit Advances at such time as set forth in the Pricing Schedule.

  • Administrative Fee Rate The sum of the Servicing Fee Rate, the Trustee/Certificate Administrator Fee Rate and the CREFC® Licensing Fee Rate.

  • Applicable Facility Fee Rate means, at any time, the percentage rate per annum at which Facility Fees are accruing on the Aggregate Commitment (without regard to usage) at such time as set forth in the Pricing Schedule.

  • Liquidation Fee Rate With respect to each Specially Serviced Mortgage Loan or REO Property as to which a Liquidation Fee is payable, 1.0%.

  • Commitment Fee Rate has the meaning set forth in the definition of “Applicable Margin”.

  • Servicing Fee Rate With respect to each Mortgage Loan, 0.50% per annum.

  • Workout Fee Rate With respect to each Corrected Mortgage Loan, 1.00%.

  • Trustee Fee Rate 0.0025% per annum.

  • Net Servicing Fee Rate means (a) so long as the Seller or The Bank of New York is the Servicer, 1.25% per annum and (b) if the Seller or The Bank of New York is no longer the Servicer, 2.0% per annum.

  • Applicable Commitment Fee Rate means:

  • Applicable Unused Commitment Fee Rate means 0.50% per annum.

  • Administration Fee Rate The sum of (i) the Servicing Fee Rate, (ii) the Master Servicing Fee Rate and (iii) the Credit Risk Management Fee Rate.

  • Unused Commitment Fee Rate has the meaning given to such term in the Fee Letter.

  • Subservicing Fee Rate The per annum rate designated on the Mortgage Loan Schedule as the "SUBSERV FEE".

  • Insurance Fee Rate With respect to each Mortgage Loan insured by an Insurance Policy paid for by the lender, the per annum rate specified in the Mortgage Loan Schedule.

  • Special Servicing Fee Rate With respect to each Specially Serviced Mortgage Loan and each REO Loan, 0.25% per annum.

  • Master Servicing Fee Rate With respect to each Mortgage Loan, 0.25% per annum.