Discount and Fees Sample Clauses

Discount and Fees. Funding Losses 9 Section 1.6. Payments and Computations, Etc. 9 Section 1.7. Increased Costs 10 Section 1.8. Selection and Allocation of Discount Rates 11 Section 1.9. Payments and Computations, Etc. 12
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Discount and Fees. (a) The Sellers shall pay to the Purchaser certain fees in the amounts and on the dates set forth in a letter agreement, dated as of the Closing Date, among the Sellers, the Agent, the Purchaser and Manitowoc (as the same may be amended, amended and restated, supplemented or modified, the “Fee Letter”) delivered pursuant to Section 1 of Exhibit II, as such letter agreement may be amended, supplemented or otherwise modified from time to time.
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Discount and Fees. Funding Losses 10 Section 1.6. Payments and Computations, Etc. 10 Section 1.7. Increased Costs 11 Section 1.8. Selection and Allocation of Discount Rates 12 Section 1.9. Payments and Computations, Etc. 12 Section 1.10. Successor LIBO Rate 13 ARTICLE II REPRESENTATIONS AND WARRANTIES; COVENANTS; TERMINATION EVENTS 14 Section 2.1. Representations and Warranties; Covenants 14 Section 2.2. Termination Events 14 ARTICLE III INDEMNIFICATION 15 Section 3.1. Indemnities by the Seller 15 Section 3.2. Indemnities by the Servicer 17 Section 3.3. Indemnity for Taxes 17 ARTICLE IV ADMINISTRATION AND COLLECTIONS 19 Section 4.1. Appointment of the Servicer 19 Section 4.2. Duties of the Servicer 20 Section 4.3. Lock-Box Arrangements 21 Section 4.4. Enforcement Rights 22 Section 4.5. Responsibilities of the Servicer 23 Section 4.6. Servicing Fee 23 ARTICLE V PERFORMANCE GUARANTY 24 Section 5.1. Guaranty 24 Section 5.2. Guaranty Absolute 24 Section 5.3. Waiver 25 Section 5.4. Subrogation 26 ARTICLE VI THE AGENTS 26 Section 6.1. Appointment and Authorization 26 Section 6.2. Delegation of Duties 27 Section 6.3. Exculpatory Provisions 27 Section 6.4. Reliance by Agents 28 Section 6.5. Notice of Termination Events 28 Section 6.6. Non-reliance on Administrator and Purchaser Agents 29 Section 6.7. Administrator, Purchasers, Purchaser Agents and Affiliates 29 Section 6.8. Indemnification 29 Section 6.9. Successor Administrator 30 ARTICLE VII MISCELLANEOUS 30 Section 7.1. Amendments, Etc. 30 Section 7.2. Notices, Etc. 31 Section 7.3. Assignability 31 Section 7.4. Costs; Expenses 34 Section 7.5. Confidentiality 35 Section 7.6. Tax Forms; FATCA 36 Section 7.7. Tax Treatment 38 Section 7.8. Delivery of Tax Forms 38 Section 7.9. GOVERNING LAW AND JURISDICTION 38 Section 7.10. Execution in Counterparts 38 Section 7.11. Survival of Termination; Third Party Beneficiaries 39 Section 7.12. WAIVER OF JURY TRIAL 39 Section 7.13. Entire Agreement 39 Section 7.14. Headings 39 Section 7.15. Special Damages 39 Section 7.16. Patriot Act 39 Section 7.17. No Proceedings 40 Section 7.18. Limitation of Payments 40 Section 7.19. Appointment and Authorization of Administrator 40 Section 7.20. Limited Liability 41 Section 7.21. Liquidity Based Amortization Event Trigger 41 EXHIBIT I Definitions; Construction EXHIBIT II Conditions Precedent EXHIBIT III Representations and Warranties EXHIBIT IV Covenants EXHIBIT V Termination Events SCHEDULE I Credit and Collection Guidelines SCHEDULE II Lock-Box Banks, Co...
Sample 1
Discount and Fees. It is agreed that the fees and commissions charged under this contract shall be as stated in the Electronic Payment Service Application Form. The Bank shall have the right to amend such amounts of fees and commissions provided that the Merchant (Customer) is so notified in writing not less than one month prior to the date of such amendment. The Merchant (Customer) acknowledges that it is aware of and fully understands all the terms and conditions set forth in this contract and further acknowledges its agreement thereon. In witness thereof, both parties executed this Agreement by their authorized representatives who have the authority to commit the party they represent.
Sample 1
Discount and Fees. The initial Discount and payment terms are set forth below and shall be effective within thirty (30) days of the date of last signature to this Agreement. In addition to the Discount, we may charge Participating State Entities Gateway Fees for processing.
Sample 1
Discount and Fees. The Capital of each Purchaser shall accrue Discount on each day when such Capital remains outstanding at the then-applicable Discount Rate for such Purchaser’s related Capital. The Seller shall pay all Discount and Fees accrued during each Discount Period on the first Settlement Date occurring after the end of such Discount Period in accordance with the terms and priorities for payment set forth in Section 1.16. For the avoidance of doubt, Discount accrued during each Discount Period shall be due and payable on the first Settlement Date after such Discount Period without regard to the availability of Collections for payment thereof.
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Discount and Fees. Funding Losses 910 Section 1.6. Payments and Computations, Etc. 910
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Related to Discount and Fees

  • Interest and Fees 24 3.1 Interest................................................................................24 3.2

  • Points and Fees No Mortgagor was charged “points and fees” (whether or not financed) in an amount greater than (i) $1,000, or (ii) 5% of the principal amount of such Mortgage Loan, whichever is greater. For purposes of this representation, such 5% limitation is calculated in accordance with Xxxxxx Mae’s anti-predatory lending requirements as set forth in the Xxxxxx Xxx Guides and “points and fees” (x) include origination, underwriting, broker and finder fees and charges that the mortgagee imposed as a condition of making the Mortgage Loan, whether they are paid to the mortgagee or a third party; and (y) exclude bona fide discount points, fees paid for actual services rendered in connection with the origination of the Mortgage Loan (such as attorneys’ fees, notaries fees and fees paid for property appraisals, credit reports, surveys, title examinations and extracts, flood and tax certifications, and home inspections), the cost of mortgage insurance or credit-risk price adjustments, the costs of title, hazard, and flood insurance policies, state and local transfer taxes or fees, escrow deposits for the future payment of taxes and insurance premiums, and other miscellaneous fees and charges which miscellaneous fees and charges, in total, do not exceed 0.25% of the principal amount of such Mortgage Loan. This representation and warranty is a Deemed Material and Adverse Representation;

  • Computations of Interest and Fees (a) Except as provided in the next succeeding sentence, interest on LIBOR Loans shall be calculated on the basis of a 360-day year for the actual days elapsed. Interest on ABR Loans shall be calculated on the basis of a 365- (or 366-, as the case may be) day year for the actual days elapsed.

  • Payment of Interest and Fees Notwithstanding any other provision of this Agreement or any provision of any Related Document, Borrower does not agree or intend to pay, and Lender does not agree or intend to charge, collect, take, reserve or receive (collectively referred to herein as “charge or collect”), any amount in the nature of interest or in the nature of a fee for the Loan which would in any way or event (including demand, prepayment, or acceleration) cause Lender to contract for, charge or collect more for the Loan than the maximum Lender would be permitted to charge or collect by any applicable federal or Texas state law. Any such excess interest or unauthorized fee will, instead of anything stated to the contrary, be applied first to reduce the unpaid principal balance of the Loan, and when the principal has been paid in full, be refunded to Borrower.

  • Payments and Fees Customer must pay the Fees according to the payment terms in the Sales Order in the currency stated. All invoices will only be delivered electronically using the billing and contact information provided by Customer. Customer agrees to provide clear indication with its payment as to which invoices (or portions thereof) the payment should be applied. Alternatively, these payment details can be emailed to Xxxxxxx@Xxxxxxx.xxx no later than the date of payment.

  • Repayments Prepayments Interest and Fees SECTION 3.1.

  • Calculation of Interest and Fees All calculations of interest and fees under this Agreement and the other Credit Documents for any period (a) shall include the first day of such period and exclude the last day of such period and (b) shall be calculated on the basis of a year of 360 days for actual days elapsed, except that during any period any Loan bears interest based upon the Prime Rate, such interest shall be calculated on the basis of a year of 365 or 366 days, as appropriate, for actual days elapsed.

  • Interest Rates and Fees (a) Tranche A Loans. The following interest and fees shall be payable with respect to Tranche A Loans:

  • Computation of Interest and Fees All computations of interest for Base Rate Loans (including Base Rate Loans determined by reference to the Eurodollar Rate) shall be made on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed. All other computations of fees and interest shall be made on the basis of a 360-day year and actual days elapsed (which results in more fees or interest, as applicable, being paid than if computed on the basis of a 365-day year). Interest shall accrue on each Loan for the day on which the Loan is made, and shall not accrue on a Loan, or any portion thereof, for the day on which the Loan or such portion is paid, provided that any Loan that is repaid on the same day on which it is made shall, subject to Section 2.12(a), bear interest for one day. Each determination by the Administrative Agent of an interest rate or fee hereunder shall be conclusive and binding for all purposes, absent manifest error.

  • Interest and Fee Computation; Collection of Funds Interest accrued hereunder shall be payable as set forth in Section 2.1(c) hereof. Except as otherwise set forth herein, all interest and fees shall be calculated on the basis of a year consisting of 360 days and shall be paid for the actual number of days elapsed. Principal payments submitted in funds not immediately available shall continue to bear interest until collected. If any payment to be made by Borrower hereunder or under the Revolving Note shall become due on a day other than a Business Day, such payment shall be made on the next succeeding Business Day and such extension of time shall be included in computing any interest in respect of such payment. Any Obligations which are not paid when due (subject to applicable grace periods) shall bear interest at the Default Rate.

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