Acceptance Commission Sample Clauses

Acceptance Commission. Each Borrower for whose account an Acceptance has been created agrees to pay to each Issuing Bank an acceptance commission, with respect to each Acceptance created by such Issuing Bank on the face amount of such Acceptance, for the period from the date of such Acceptance to the date of its maturity, at the Acceptance Rate in effect on the date of the creation of such Acceptance. Payment of such acceptance commission with respect to each Acceptance created by such Issuing Bank shall be made for the account of such Borrower by such Issuing Bank's deducting the amount of such acceptance commission from the proceeds of such Issuing Bank's discount of such Acceptance pursuant to Section 2.04(h).
AutoNDA by SimpleDocs
Acceptance Commission. The relevant Borrower whose Bills are accepted hereunder shall be obliged, on the day such Bills are accepted, to pay to the Agent for the account of each Bank which accepts its Bills under Clause 6.7 (Acceptance of Bills) an acceptance commission in Sterling at the applicable Acceptance Commission Rate on the face amount thereof and for the Tenor thereof.
Acceptance Commission. 25 11. The Bills.................................................. 26 12.
Acceptance Commission. The relevant Borrower whose Bills are accepted hereunder shall be obliged, on the day such Bills are accepted, to pay to the Facility Agent for the account of each Bank which accepts its Bills under Clause 9.1 an acceptance commission in sterling at the Acceptance Commission Rate on the face amount thereof and for the Tenor thereof.
Acceptance Commission. The Borrower shall pay to the Bank an acceptance commission at the rate of ONE POINT FIVE ZERO per centum per annum (1.50% p.a) calculated on the face value of each BA created and such rate shall be subject to revision at the absolute discretion of the Bank from time to time with or without notice to the Borrower.
Acceptance Commission. The Borrowers jointly and severally agree to pay to the Administrative Agent, for the account of the Lenders, in accordance with their respective Pro Rata Shares, an acceptance commission, with respect to each Acceptance created by the Letter of Credit Issuer hereunder, on the face amount of such Acceptance, for the period from the date of such Acceptance to the date of its maturity, at a rate per annum equal to the Applicable Margin in effect from time to time for LIBOR Revolving Loans (with a minimum fee of $125), payable in full on the date of the creation of such Acceptance. The acceptance commission shall be computed on the basis of a 360-day year and the actual number of days elapsed.
Acceptance Commission. Acceptance commission on any Xxxx shall be calculated on the basis of a year of 365 days and for the actual number of days in the relevant Interest Period.
AutoNDA by SimpleDocs
Acceptance Commission. 8 4.5 Discount ....................................................... 8 4.6 Termination of the Acceptance Commitment ....................... 8 4.7
Acceptance Commission. The Borrower agrees to pay to the Bank an acceptance commission, with respect to each Acceptance created by such Bank hereunder, on the face amount of such Acceptance, for the period from the date of such Acceptance to the date of its maturity, of 3/4 of 1%, as a percentage per annum, payable in full on the date such Acceptance is created. Payment of such acceptance commission with respect to each Acceptance shall be made for account of the Borrower by the Bank deducting the amount of such acceptance commission from the proceeds of the discount of such Acceptance pursuant to Section 4.5.

Related to Acceptance Commission

  • The Commission 1. The Contracting Parties hereby establish within the framework of the Food and Agriculture Organization of the United Nations (hereinafter referred to as "the Organization") a Commission to be known as the General Fisheries Commission for the Mediterranean (hereinafter referred to as "the Commission"), for the purpose of exercising the functions and discharging the responsibilities set forth in Article III below. 2. The Members of the Commission shall be such Members and Associate Members of the Organization and such non-member States as are members of the United Nations, any of its Specialized Agencies or the International Atomic Energy Agency, that are: (i) coastal States or Associate Members situated wholly or partly within the Region; (ii) States or Associate Members whose vessels engage in fishing in the Region for stocks covered by this Agreement; or (iii) regional economic integration organizations of which any State referred to in subparagraphs (i), or (ii) above is a member and to which that State has transferred competence over matters within the purview of this Agreement; and which accept this Agreement in accordance with the provisions of Article XIII below, it being understood that these provisions shall not affect the membership status in the Commission of such States that are not members of the United Nations, any of its Specialized Agencies or the International Atomic Energy Agency as may have become parties to this Agreement prior to 22 May 1963. As regards Associate Members, this Agreement shall, in accordance with the provisions of Article XIV.5 of the Constitution and Rule XXI.3 of the General Rules of the Organization, be submitted by the Organization to the authority having responsibility for the international relations of such Associate Members.

  • Sales Commission You shall be entitled to charge a sales commission on the sale or redemption, as appropriate, of each series and class of each Fund’s Shares in the amount of any initial, deferred or contingent deferred sales charge as set forth in our then effective prospectus. You may allow any sub-agents or dealers such commissions or discounts from and not exceeding the total sales commission as you shall deem advisable, so long as any such commissions or discounts are set forth in our current prospectus to the extent required by the applicable Federal and State securities laws. You may also make payments to sub-agents or dealers from your own resources, subject to the following conditions: (a) any such payments shall not create any obligation for or recourse against the Fund or any series or class, and (b) the terms and conditions of any such payments are consistent with our prospectus and applicable Federal and State securities laws and are disclosed in our prospectus or statement of additional information to the extent such laws may require.

  • FEDERAL MARITIME COMMISSION Ocean Transportation Intermediary License Revocations

  • Payment of Commission 7 (1) The Company may exercise the power to make payments by way of brokerage or commission conferred by the Law in the manner provided by the Law. 7 (2) Payments by way of brokerage or commission may be satisfied by the payment of cash and, after the Establishment Period, by the allotment of fully or partly paid shares, or partly by the payment of cash and partly by the allotment of fully or partly paid shares.

  • Brokerage Commission Contributor has not engaged the services of, nor has it or will it or Acquirer become liable to, any real estate agent, broker, finder or any other person or entity for any brokerage or finder's fee, commission or other amount with respect to the transactions described herein on account of any action by Contributor. Contributor hereby agrees to indemnify and hold Acquirer and its employees, directors, members, partners, affiliates and agents harmless against any claims, liabilities, damages or expenses arising out of a breach of the foregoing. This indemnification shall survive Closing or any termination of this Agreement.

  • Excess Brokerage Commissions The Adviser is hereby authorized, to the fullest extent now or hereafter permitted by law, to cause the Corporation to pay a member of a national securities exchange, broker or dealer an amount of commission for effecting a securities transaction in excess of the amount of commission another member of such exchange, broker or dealer would have charged for effecting that transaction, if the Adviser determines in good faith, taking into account such factors as price (including the applicable brokerage commission or dealer spread), size of order, difficulty of execution, and operational facilities of the firm and the firm’s risk and skill in positioning blocks of securities, that such amount of commission is reasonable in relation to the value of the brokerage and/or research services provided by such member, broker or dealer, viewed in terms of either that particular transaction or its overall responsibilities with respect to the Corporation’s portfolio, and constitutes the best net results for the Corporation.

  • Commission Approval The Parties understand and agree that this Agreement will be filed with the Commission for approval by such Commission (or the FCC if the Commission fails to act) pursuant to Section 252 of the Act. Each Party specifically reserves its right to judicial review of this Agreement under Section 252(e)(6) of the Act, or any other available remedy at law or equity. If the Commission, the FCC or any court rejects any portion of this Agreement, the Parties agree to meet and negotiate in good faith to arrive at a mutually acceptable modification of the rejected portion and any provisions that would be materially affected by deletion of the rejected portion; provided that such rejected portion shall not affect the validity of the remainder of this Agreement. The Parties acknowledge that nothing in this Agreement shall limit a Party's ability, independent of such Party's agreement to support and participate in the approval of this Agreement, to assert public policy issues relating to the Act, including challenging the validity of any portion of the Act or an FCC or Commission rule, order, Guideline or other determination made pursuant to the Act, or the application by CBT for suspension or modification of portions of the Act or rules pursuant to Section 251(f)(2) of the Act. In the event CBT obtains a suspension or modification of any portion of the Act or rules thereunder pursuant to Section 252(f)(2) of the Act, the Parties shall negotiate as necessary to incorporate the applicable terms and conditions of such suspension or modification and the Parties agree to negotiate as necessary in order to clarify the application of such suspension or modification to the terms of into this Agreement.

  • Sales Commissions You shall not be entitled to charge a sales commission on the sale of Shares of the Company.

  • Payment of Commissions Payments of selling commissions and any other fees due to the Dealer pursuant to this Agreement will be made by the Dealer Manager to the Dealer. Selling commissions and such other fees and expense reimbursements due to the Dealer pursuant to this Agreement will be paid to the Dealer within 30 days after their receipt by the Dealer Manager. The Dealer, in its sole discretion, may authorize the Dealer Manager to deposit selling commissions and any other fees or payments due to it pursuant to this Agreement directly to its bank account. If the Dealer so elects, the Dealer shall provide such deposit authorization and instructions in Schedule 2 to this Agreement.

  • Real Estate Commission It is agreed by the Landlord and Tenant that a: (check one)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!