Finance Fee. Seller shall pay to Buyer as earned for each Fee Period for Purchased Receivables, a fee calculated by taking 0.9% of the gross face value of a Purchased Receivable for every 10 day period or fraction thereof ("Fee Period") from the date said Purchased Receivable is first purchased by Buyer until the date said Purchased Receivable is paid in full or otherwise repurchased by Seller or otherwise written off by Buyer within the Write Off Period. 3.4
Finance Fee. Seller shall pay a Finance Fee to Buyer on the outstanding Advances under this Agreement at a floating rate per annum equal to the Prime Rate plus three and one quarter of one percent (Prime + three and one quarter of one percent (3.25%)) (the "Finance Rate"), which fee shall be payable and calculated as hereinafter set forth. Seller shall pay such fee to Buyer on the first day of each month in an amount equal to (a) the quotient obtained by dividing the sum of the daily unpaid Advances outstanding on each day during the immediately preceding month by the actual number of days in such month (the "Average Daily Balance"), multiplied by (b) the quotient obtained by dividing the Finance Rate by 360, multiplied by (c) the actual number of days in the immediately preceding month. The Finance Rate shall increase or decrease monthly, on the first day of each month, by the amount of any increase or decrease in the Prime Rate but at no time will the Finance Fee be less than six and three quarters of one percent (6.75%)(the “Floor Rate”). For purposes of this Agreement, the "Prime Rate" is the Prime Rate publicly listed by the Western Edition of the Wall Street Journal on the first day of each month or, if the first day of such month is not a business day, on the last business day of the immediately preceding month. In the event the Prime Rate listed by the Wall Street Journal is a range, the highest rate in the range shall be the "Prime Rate". In no event shall the finance fee exceed the maximum rate of interest permitted by law.
Finance Fee. As additional consideration and as an inducement for ----------- Siena's purchasing the Securities, the Company shall pay to Siena a financing fee in immediately available funds in the amount of US$11,000.00 (the "Finance ------- Fee") on the Closing Date. ---
Finance Fee. Finance fee is applied to any past due balance. Interest will accrue from the date on which payment is due at a rate equal to the lesser of 1.5% per month or the maximum permitted by applicable law.
Finance Fee. The City adds a non-refundable finance fee to the assessment to pay for processing your loan and selling bonds. The current fee is $40.00 plus 0.49% (.0049) of the loan amount.
Finance Fee. On the earliest of (i) the Term Loan Maturity Date, (ii) the day the Term Loan is repaid in full and (iii) a Term Termination, Borrower shall pay to Lender the Finance Fee, which shall be deemed fully earned by Lender when due.
Finance Fee. The Finance Fee of will be calculated at 3% per annum (the “Finance Fee”). Such Finance Fee will be calculated from the date of Early Settlement to the Metal Availability Date using the London P.M. Fix on the date of Early Settlement. Should market conditions warrant it, the Refiner reserves the right to change the service charge for Early Settlement. Five days written notice of such change will be given by the Refiner to the Customer. The Refiner agrees to fulfil Early Settlement commitments against lots received during that thirty day period.
Finance Fee. If Borrower makes any final prepayment or any payment in full of the principal amount of the Term Loan or other satisfaction of the outstanding balance of the Term Loan and/or the Term Loan is otherwise terminated, in each case for any reason, then, on such date, Borrower shall pay Lender (in addition to any other Obligations relating to the Term Loan pursuant to the terms of this Agreement and any other Loan Document), an amount equal to the Term Loan Finance Fee Amount; provided, however, that no fee shall be due and payable under this subsection (a) if the Term Loan Termination results from the refinancing of the Term Loan with the proceeds from a financing under a program sponsored by the United States Department of Housing and Urban Development. Lender hereby acknowledges that the Finance Fee (as such term is defined in Section 3.4 of the Existing Credit Agreement) due and payable under the Existing Credit Agreement in respect of the Existing Term Loan is hereby waived (the "Waived Finance Fee") and Borrower shall have no further obligation to pay the Waived Finance Fee.
Finance Fee. On the Closing Date, Borrower hereby agrees to pay to Agent for the sole benefit of Oxford, the Finance Fee, which shall be deemed fully earned and nonrefundable upon execution of this Agreement by Agent, the initial Lenders hereunder and Borrower.
Finance Fee. Each Borrower shall pay to Lender on the earliest of (i) the Scheduled Maturity Date, (ii) the date of payment in full of such Borrower’s Loan or (iii) the date of acceleration of the maturity of such Loan (expressly including acceleration as a result of an Event of Default pursuant to Section 11.1(f)), a nonrefundable finance fee equal to three percent (3%) of the original Principal amount of such Borrower’s Loan (the “Finance Fee”).
