Draw Fee. If the Company elects to exercise its call rights under Section 2.3, then the Company agrees to issue the Draw Fee to the Backstopper, or its designated Affiliate, on the Closing Date.
Draw Fee. The City shall pay to the Bank in connection with each and every Drawing under the Letter of Credit, a nonrefundable draw fee of $350 per Drawing,
Draw Fee. The Corporation agrees to pay to the Bank in connection with Drawings under the Letter of Credit, a non-refundable annual fee in the amount of $1,500, payable in advance on the Date of Issuance and on each anniversary of the Date of Issuance occurring thereafter.
Draw Fee. In connection with the funding of each Advance under the Revolving Loan, the Borrower shall pay to the Lender, by way of deduction from the proceeds of such Advance, on the date of such funding, a non-refundable draw fee. The draw fee shall be equal to 1.00% of the amount of such Advance.
Draw Fee. (a) A draw fee accrues due from day to day on the daily amount of each Redraw Advance at the following rates:
(i) the sum of 0.18% per annum and the Bank Xxxx Rate calculated as of that date (if that date is a Reset Date) or (otherwise) the Reset Date immediately before that date, if the Redraw Advance has been outstanding for less than 12 months; and
(ii) the sum of 0.30% per annum and the Bank Xxxx Rate calculated as of that date (if that date is a Reset Date) or (otherwise) the Reset Date immediately before that date, if the Redraw Advance has been outstanding for 12 months or more.
(b) Each draw fee is calculated on the actual number of days elapsed and a year of 365 days.
(c) The Trust Manager directs the Trustee to, and the Trustee shall, pay to the Redraw Facility Provider any accrued draw fee in arrears on:
(i) each Payment Date; and
(ii) at the end of the Term.
(d) The Bank Xxxx Rate as at any date will be the Bank Xxxx Rate determined:
(i) if that date is a Payment Date, on that Payment Date; and
(ii) on any other date, on the Payment Date immediately preceding that date.
Draw Fee. The Borrower shall pay a fee equal to one and one-half (1.5%) percent of the amount so requested for each Letter of Credit issued by Lender.
Draw Fee. The Borrower will pay a fee equal to 1.50% per annum of the amount requested for each Letter of Credit, calculated from the time issued until the current expiration date of the Loan. Except as hereby amended, the Agreement shall remain in full force and effect.
Draw Fee. The Bank shall receive a draw fee equal to one-eighth of -------- one percent (.125%) of each advance under the Line of Credit.
Draw Fee. Borrower shall pay a fee on each draw advanced by Bank pursuant to the Loan at a rate of five hundredths of one percent (0.05%) at the time the Final Draw Request is approved by the Bank as a condition precedent to the Bank funding any advance otherwise approved.
Draw Fee. BorrowerBorrowers shall pay to the Administrative Agent on each Advance Date out of thea Collection Account the Draw Fee then payable with respect to such Advance.
