Ongoing Governmental Lender Fee definition

Ongoing Governmental Lender Fee means the portion of the Governmental Lender Fee payable after the Closing Date under Section 7(n) of the Regulatory Agreement.

Ongoing Governmental Lender Fee means the ongoing portion of the Governmental Lender Fee (as that term is defined in the Regulatory Agreement) that is payable after the Closing Date.

Ongoing Governmental Lender Fee means the annual fee of the Governmental Lender in the amount of 0.125% of the maximum principal amount of the Borrower Loan, payable annually in advance to the Governmental Lender by Borrower on each July 1, commencing on the Closing Date, for the term of the Qualified Project Period (as defined in the Regulatory Agreement).

Examples of Ongoing Governmental Lender Fee in a sentence

• Written notice of any insufficiency, which results in the Governmental Lender not receiving the Ongoing Governmental Lender Fee on the applicable due date, shall be provided by the Fiscal Agent to the Governmental Lender (with a copy to the Borrower and the Funding Lender) within 10 days of the respective due date.

• The Borrower shall pay to the Governmental Lender the Governmental Lender’s Closing Fee and the Ongoing Governmental Lender Fee, at the times and in the amounts specified in Section 7(n) of the Regulatory Agreement.

• Notwithstanding anything herein to the contrary, the Fiscal Agent, on behalf of the Governmental Lender, shall prepare and submit a written invoice to the Borrower for payment of the Ongoing Governmental Lender Fee not later than 30 days prior to the due date for payment of such the Ongoing Governmental Lender Fee, and shall remit moneys received by the Borrower to the Governmental Lender for payment of such fee.

• Notwithstanding anything herein to the contrary, the Fiscal Agent, on behalf of the Governmental Lender, shall prepare and submit a written invoice to the Borrower for payment of the Ongoing Governmental Lender Fee not later than 30 days prior to the due date for payment of such Ongoing Governmental Lender Fee, and shall remit moneys received by the Borrower to the Governmental Lender for payment of such fee.

• Written notice of any insufficiency, which would result in the Governmental Lender not receiving the Ongoing Governmental Lender Fee on the applicable due date, shall be provided by the Fiscal Agent to the Governmental Lender (with a copy to the Borrower and the Funding Lender) within 10 days of the respective due date.

More Definitions of Ongoing Governmental Lender Fee

Ongoing Governmental Lender Fee means the Annual City Fee (as defined in Section 7(a) of the Regulatory Agreement).

Ongoing Governmental Lender Fee has the meaning set forth in the Funding Loan Agreement.

Ongoing Governmental Lender Fee means the semi-annual administration fee of the Governmental Lender in the amount, and payable, as set forth in Section 7(n) of the Regulatory Agreement.

Ongoing Governmental Lender Fee means the Governmental Lender’s annual fee with respect to the Governmental Lender Notes in the amount as set forth in and in accordance with and pursuant to the provisions of the Borrower Loan Agreement and the Regulatory Agreement.

Ongoing Governmental Lender Fee means the annual fee due and payable to the Governmental Lender, as issuer, pursuant to Section 20 of the Regulatory Agreement.

Ongoing Governmental Lender Fee means the County Annual Fee (as that term is defined in the Regulatory Agreement) that is payable after the Closing Date.

Ongoing Governmental Lender Fee means the ongoing “Authority Fee” as defined in the Tax Regulatory Agreement.