Yield Enhancement Fee definition

Yield Enhancement Fee shall have the meaning assigned to such term in Section 2.05(b).
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Yield Enhancement Fee is defined in Section 3.3.
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Yield Enhancement Fee is defined in the Fifth Amendment.
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Examples of Yield Enhancement Fee in a sentence

  • At the advance of the Term Loan B, the Borrower shall pay to each Lender a fee (the "Term Loan B Yield Enhancement Fee") in an amount equal to 4.00% of the principal amount of Term Loan B extended by such Lender.

  • For the avoidance of doubt, upon satisfaction of the conditions set forth in Section 4, the Agent shall deduct the Eleventh Amendment Fee from the outstanding principal balance of the Existing Loans, and the Yield Enhancement Fee shall be calculated exclusive of the Eleventh Amendment Fee.

  • The Yield Enhancement Fee shall be fully earned and nonrefundable as of the Closing.

  • The Borrowers shall have paid on or before the Closing Date or the Term Loan B Advance Date, as applicable, (a) each Lender's and the Agent's expenses required to be paid pursuant hereto, including the fees, charges and disbursements of such Lender's or the Agent's counsel to the extent reflected in a statement rendered to the Borrowers at least one Business Day prior to the Closing Date, and (b) the Term Loan A Yield Enhancement Fee or Term Loan B Yield Enhancement Fee, as applicable.

  • Without limiting the provisions of Section 15.1, the Company shall have paid on or before the Closing Date (a) each Lender’s and the Agent’s expenses required to be paid by Section 3.2, including the fees, charges and disbursements of such Lender’s or the Agent’s counsel to the extent reflected in a statement rendered to the Company at least one Business Day prior to the Closing Date, and (b) the Yield Enhancement Fee.

  • The Yield Enhancement Fee shall be fully earned and non-refundable as of the Third Amendment Effective Date.

  • The Yield Enhancement Fee shall be represented by a note issued by the Company to CCP on the Fifth Amendment Effective Date substantially in the form attached as Exhibit 1-C hereto (the “Yield Enhancement Tranche A Note”), which Yield Enhancement Tranche A Note shall thereafter bear interest and be due and payable as provided in the Yield Enhancement Tranche A Note.

  • At the Closing, the Borrowers paid to each Lender a fee (the "Term Loan A Yield Enhancement Fee") in an amount equal to 4.00% of the principal amount of Term Loan A extended by such Lender.

  • For the avoidance of doubt, the Yield Enhancement Fee is included in the above premiums.

  • The Yield Enhancement Fee will be deemed to be fully earned on the Fifth Amendment Effective Date and shall be non-refundable when paid.


More Definitions of Yield Enhancement Fee

Yield Enhancement Fee is defined in Section 3.3. Second Amended and Restated Credit Agreement
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Yield Enhancement Fee shall have the meaning given thereto in Section 3.4 hereof.
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Yield Enhancement Fee means that term as defined in Section 2.7(g) hereof.
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Related to Yield Enhancement Fee

  • Monthly Servicing Fee shall have the meaning specified in subsection 3.01.

  • Class A Servicing Fee shall have the meaning specified in Section 3.01.

  • Servicing Fee means the fee payable to the Servicer for services rendered during each Collection Period, determined pursuant to Section 4.08 of the Sale and Servicing Agreement.

  • Base Servicing Fee means the fee payable to the Servicer on each Distribution Date for services rendered during the related Collection Period, which shall be equal to one-twelfth of the Servicing Rate multiplied by the Pool Balance as of the close of business on the last day of the immediately preceding Collection Period or, with respect to the first Distribution Date, the Original Pool Balance.

  • Master Servicer Prepayment Charge Payment Amount The amounts payable by the Master Servicer pursuant to Section 2.03(b) in respect of any waived (or, with respect to subsequent changes of law, any unenforceable) Prepayment Charges.

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

  • Master Servicing Fee As to any Distribution Date, an amount equal to one-twelfth the product of (a) the Master Servicing Fee Rate and (b) the outstanding principal balance of each Mortgage Loan. Master Servicing Fee Rate: 0.00% per annum.

  • Special Servicing Fee shall have the meaning given to such term in the Servicing Agreement.

  • Reserve Account Excess Amount means, with respect to any Payment Date, an amount equal to the excess, if any, of (a) the amount of cash or other immediately available funds in the Reserve Account (excluding any net investment earnings) on that Payment Date, after giving effect to all deposits to and withdrawals from the Reserve Account on such Payment Date, over (b) the Specified Reserve Account Balance with respect to such Payment Date.

  • Group I Interest Remittance Amount With respect to any Distribution Date, that portion of the Available Funds for such Distribution Date attributable to interest received or advanced with respect to the Group I Mortgage Loans.

  • Additional Servicing Fee means, for any Collection Period, if a successor Servicer has been appointed pursuant to Section 8.2 of the Sale and Servicing Agreement, the amount, if any, by which (i) the compensation payable to such successor Servicer for such Collection Period exceeds (ii) the Monthly Servicing Fee for such Collection Period.

  • Collateral Management Fee means each of the Senior Management Fee, the Subordinated Management Fee and the Incentive Collateral Management Fee.

  • Servicing Advance Reimbursement Amounts As defined in Section 3.22.

  • Group II Interest Remittance Amount With respect to any Distribution Date, that portion of the Available Funds for such Distribution Date attributable to interest received or advanced with respect to the Group II Mortgage Loans.

  • Monthly Excess Interest Amount With respect to each Distribution Date, the amount, if any, by which the Interest Funds for such Distribution Date exceeds the aggregate amount distributed on such Distribution Date pursuant to Section 4.04(b) (other than the last clause thereof).

  • Collateral Monthly Interest means the monthly interest distributable in respect of the Collateral Interest as calculated in accordance with subsection 4.06(c).

  • Master Servicer Remittance Amount With respect to each Master Servicer Remittance Date, an amount equal to (a) all amounts on deposit in the Collection Account (including any amount in any Serviced A/B Loan Combination Custodial Account allocable to the related Serviced Mortgage Loan in the related Serviced A/B Loan Combination) as of 11:00 a.m., New York City time, on such Master Servicer Remittance Date, net of (b) any portion of the amounts described in clause (a) of this definition that represents one or more of the following: (i) collected Monthly Payments with respect to any Mortgage Loan that are due on a Due Date following the end of the related Collection Period, (ii) to the extent not covered by clause (i) above, any payments of principal (including Principal Prepayments) and interest, Insurance Proceeds, Condemnation Proceeds and Liquidation Proceeds Received by the Trust with respect to any Mortgage Loan or REO Property after the end of the related Collection Period, (iii) any Prepayment Premiums and/or Yield Maintenance Charges Received by the Trust with respect to any Mortgage Loan or successor REO Mortgage Loan with respect thereto after the end of the related Collection Period, (iv) any Excess Liquidation Proceeds, (v) any amounts payable or reimbursable to any Person from the Collection Account pursuant to clauses (ii) through (xxii) of Section 3.05(a)(I), and (vi) any amounts deposited in the Collection Account in error; provided that the Master Servicer Remittance Amount for the Master Servicer Remittance Date that occurs in the same calendar month as the anticipated Final Distribution Date shall be calculated without regard to clauses (b)(i), (b)(ii), (b)(iii) and (b)(iv) of this definition.

  • Trust Reimbursement Amount As defined in Section 3.06A(a) of this Agreement.

  • Collateral Monthly Principal means the monthly principal distributable in respect of the Collateral Interest as calculated in accordance with subsection 4.07(c).

  • Advance Reimbursement Amount has the meaning stated in Section 4.4(b) of the Servicing Supplement.

  • Basic Servicing Fee means the fee payable pursuant to Section 3.09 to the Servicer on each Payment Date for services rendered during the related Collection Period, which shall be equal to one-twelfth of the Servicing Fee Rate multiplied by the Pool Balance as of the first day of the related Collection Period or, with respect to the first Payment Date, the Original Pool Balance.

  • Advance Reimbursement Amounts As defined in Section 3.29 hereof.

  • Servicing Fee Percentage With respect to each Mortgage Loan, the percentage specified on the Servicer Mortgage Loan Schedule.

  • Class A-1 Interest Rate means 0.48000% per annum (computed on the basis of the actual number of days elapsed during the applicable Interest Period, but assuming a 360-day year).

  • Class B Servicing Fee shall have the meaning specified in Section 3.01.

  • Group I Principal Remittance Amount With respect to any Distribution Date, the sum of the amounts described in clauses (i) through (iii) of the definition of Group I Principal Distribution Amount.