Class B Upfront Fee for each Class B Committed Note Purchaser has the meaning specified in the Class B Upfront Fee Letter, if any, for such Class B Committed Note Purchaser.
Class B Upfront Fee shall have the meaning ascribed to such term in the Side Letter.
Class B Upfront Fee has the meaning set forth in the Fee Letter. “Class B Used Fee” has the meaning set forth in the Fee Letter. “Class Percentage” means, for any Class on any date of determination, the percentage equivalent of (i) the Class A Aggregate Loan Principal Balance or Class B Aggregate Loan Principal Balance on such date, as applicable, divided by (ii) the Aggregate Loan Principal Balance on such date, in each case, before giving effect to any payments or distributions of principal in respect of the Loans on such date. “Closing Date” means May 11, 2020. “Code” means the Internal Revenue Code of 1986, as amended. “Collateral” has the meaning ascribed to it in Section 9.01. “Collection Account” has the meaning ascribed to it in Section 3.04(a). “Collection Agent” means any Person to whom the Servicer delegates servicing and collection activities for any Purchased Participations or the related Receivables pursuant to and subject to the terms and conditions of the Servicing Agreement. “Collection Period” means (i) initially, the period commencing on the date of the initial Advance and ending at the close of business on the last day of the immediately succeeding calendar month in which the initial Advance is made and (ii) thereafter, each calendar month.
Examples of Class B Upfront Fee in a sentence
On the Third Amendment Effective Date, the Borrower shall pay to the Administrative Agent (who shall distribute the same to each each Class A Lender or Class B Lender entitled to any portion thereof), the Class A Upfront Fee and Class B Upfront Fee then due pursuant to the Fee Letter.
More Definitions of Class B Upfront Fee
Class B Upfront Fee. “Class B Used Fee”, “CP Rate”, “Default Rate”, “Amortization Event” or any other definition contained therein, “Event of Default”, “Majority Lenders”, “Eligible Participation”, “Excess Concentration Amount”, “Final Maturity Date”, “Settlement Date”, “Servicer Default”, “Commitment Termination Date”, or “Required Reserve Account Deposit Amount” (or the definitions used therein); (v) change any provision that expressly requires the consent of, or provides certain rights or powers to, such Lender; (vi) impair the right of such Lender to institute a suit or take other action against the Borrower to collect the indebtedness owed to it pursuant to the provisions of this Agreement; (vii) change the Facility Limit (or the definition thereof); (viii) change any section hereof specific to a Conduit Lender (with respect to any Lender that is a Conduit Lender); (ix) change any provision in Section 2.04, Section 2.07, Section 3.02, Article IV, Article V, Article VI, Section 7.01, Section 7.02, Section 7.03 or Article IX; (x) waive any Amortization Event, Event of Default or Servicer Default; (xi) modify this Section 10.01; or (xii) change any provision of the Fee Letter. (c) No Deemed Waiver or Limitation/Exclusivity of Remedies. Any waiver, consent or approval given by the Administrative Agent or any party hereto (other than any waiver, consent or approval which is contemplated by the express terms of this Agreement or any other Transaction Document) shall be effective only in the specific instance and for the specific purpose for which given, and no waiver by a party of any breach or default under this Agreement or any other Transaction Document shall be deemed a waiver of any other breach or default. No failure on the part of the Administrative Agent or any party hereto to exercise, and no delay in exercising, any right hereunder shall operate as a waiver thereof; nor shall any single or partial exercise of any right hereunder, or any abandonment or discontinuation of steps to enforce the right, power or privilege, preclude any other or further exercise thereof or the exercise of any other right. Any waiver consent or approval given by the Administrative Agent under this Agreement, and in accordance with this Agreement, or any other Transaction Document shall be binding upon each Lender and their respective successors and permitted assigns. No notice to or demand on any party hereto in any case shall entitle such party to any other or further notice or demand in the...
Class B Upfront Fee shall have the meaning ascribed to such term in the Side Letter. “Closing Date” shall mean September 10, 2021.