Stand-by Fee Sample Clauses

Stand-by Fee. In consideration of the provision of the LOC Facility, the Borrower shall pay the Lender a monthly stand-by fee of $15.00 for each month or part thereof during which the LOC Facility is available to the Borrower under this Agreement.

Stand-by Fee. On the tenth day following the last day of March, June, September and December in each year and on the Maturity Date (or in each case if such day is not a Business Day, the immediately preceding Business Day), Cineplex or Xxxxx, as the case may be, shall be liable to pay and shall pay to the Agent, for the account of each Cineplex Bank or Xxxxx Bank, as the case may be, in its Bank's Proportion under the Cineplex Supplemental Credit or Xxxxx Supplemental Credit, as the case may be, in U.S. Dollars at the Agent's Branch of Account a stand-by fee in an amount equal to 1/2% per annum calculated on the daily average unused portion from time to time of the Available Commitments under the Cineplex Supplemental Credit or Xxxxx Supplemental Credit, as the case may be (including, for greater certainty, the Second Tranche whether or not then available to Cineplex or Xxxxx until cancelled). The Agent shall promptly distribute such payment to each Cineplex Bank or Xxxxx Bank, as the case may be, in its Bank's Proportion under the Cineplex Supplemental Credit or Xxxxx Supplemental Credit, as the case may be. Such stand-by fee shall accrue from day to day from and including the date the Supplemental Credits are established, shall be payable in arrears for the actual number of days elapsed and shall be calculated on the basis of a calendar year.

Stand-by Fee. The Counter-Guarantor shall pay the Bank a stand-by fee (the “Stand-by Fee”) that will be calculated as a daily percentage of the Non-Callable Guaranteed Amount, if any, at a percentage to be set by the Bank periodically during its review of financial charges applicable to sovereign guaranteed loans granted by the Bank financed with resources from the Bank’s ordinary capital. The Stand-by Fee shall not exceed zero point seventy-five percent (0.75%) per annum and will begin to accrue from the date of signature of the Guarantee Contract until the date in which the Guaranteed Amount is one hundred percent (100%) callable. The Stand-by Fee will be paid semi-annually on each Payment Date and will be calculated based on the exact number of days of each semester period.

Stand-by Fee. On the first Banking Day of each month commencing April 1, 1998, and on the Facility A and Facility B Maturity Date, as applicable, the Borrower shall pay to the Bank, in arrears, a Stand-by Fee calculated on the basis of a year of 365 days or 366 days in the case of a leap year at 12.5 basis points per annum, on the daily average of the unused portion of Facilities A and B, such fee to accrue daily from, and including the first day of the previous month (or the date hereof, if later) to and including the last day of the previous month, and in the case of the final payment, up to the Facility A and Facility B Maturity Date, as applicable.

Stand-by Fee. On the first Banking Day of each calendar quarter commencing April 1, 1998, and on the Maturity Date, the Borrower shall pay to the Bank, in arrears, a Stand-by Fee calculated on the basis of a year of 365 days or 366 days in the case of a leap year at 12.5 basis points per annum, on the daily average of the unused portion of the Credit Facility, such fee to accrue daily from, and including the first day of the previous calendar quarter (or the date hereof, if later) to and including the last day of the previous calendar quarter, and in the case of the final payment, up to the Maturity Date.

Stand-by Fee. The Company shall pay to the Purchaser a stand by fee at the rate of $0.25 per share per year for each of the additional 400,000 Preferred Shares to be sold pursuant to this Agreement which shall accrue from the date hereof until each such share is issued and sold in accordance with the terms of this Agreement. The stand by fee shall be payable on the last day of each calendar quarter commencing with the calendar quarter ending on September 30, 2004 (with any accrued and unpaid stand-by fee payable with respect to the shares sold at any Additional Funding to be paid at the applicable Additional Funding Closing). At the option of the Company, the stand by fee may be paid in cash or in Common Stock having an equivalent market value. For these purposes, the market value of any Common Stock issued in payment of the stand by fee shall be its VWAP (as such term is defined in the Certificate of Designations) for the thirty (30) day period immediately preceding the date of payment.

Stand-by Fee. As of the date of execution of this Agreement and until the termination of the Revolving Credit Facility, the Borrower hereby covenants and agrees to pay to the Lenders, a stand-by fee equal to the percentage per annum set out in Schedule 10.1 hereof, computed daily on the undisbursed portion of the Revolving Credit Facility.

Stand-by Fee. The Borrower must pay to each Lender, through the Agent, a standby fee on the daily unused portion of such Lender’s Commitment for the period commencing on the date of the initial drawdown under the Facility and ending on the last day of the Availability Period. The stand-by fee shall be calculated at the Relevant Rate specified in Schedule "B" and shall be payable monthly in arrears on the first Business Day of each month.

Stand-by Fee. On the last Business Day of March, June, September and December in each year and on the Maturity Date for the period commencing on the date of the last payment and ending on the Maturity Date, the Borrower shall pay to the Agent at the Agent's Branch of Account, for the account of each Lender in its Lender's Proportion, a Stand-by Fee in Canadian Dollars in an amount equal to: (a) 0.25% per annum calculated on the daily unused portion from time to time of the Available Commitment if the daily weighted average of the used portion of the Credit for such period exceeds one-third of the Available Commitment; or (b) 0.375% per annum calculated on the daily unused portion from time to time of the Available Commitment if the daily weighted average of the used portion of the Credit for such period is equal to or less than one-third of the Available Commitment. The Agent shall promptly distribute such payment to each Lender in its Lender's Proportion. The Stand-by Fee shall accrue from day to day, shall be payable in arrears for the actual number of days elapsed and shall be calculated on the basis of a calendar year.

Stand-by Fee. Not later than one (1) month prior to the beginning of each Active Period (subject to timely receipt by Gateway from NEO of reasonably requested information regarding the wind construction campaign schedule and other details), Gateway will reasonably project revenues and its direct costs for the immediately following two years and provide a copy thereof to NEO and the Authority (“Initial Two Year Active Period Projection”). To the extent that such Initial Two Year Active Period Projection projects Gateway generating less than either (a) $5 million of Gateway Gross Revenue in the first year of such Active Period or (b) $10 million of cumulative Gateway Gross Revenue in the first two years of such Active Period, or both, then NEO shall elect between the following options: 5.4.2.1 Allow Gateway to receive other, non-WTG cargo in addition to offshore wind equipment, while recognizing that NEO will have priority berthing and storage rights based on its vessel schedule, provided that NEO shall not be able to elect this option with respect to any period in which Gateway is not provided sufficient access to storage space at the Port Facilities to render handling of such non-WTG cargo commercially feasible; or 5.4.2.2 Retain exclusive use of the Port Facilities, but pay to or receive from Gateway (directly or via the OEMs) the GT Revenue Shortfall Fee. The “GT Revenue Shortfall Fee” with respect to any quarterly period shall mean the amount, positive or negative, by which Gateway’s actual prudently incurred direct costs as set forth in the applicable Gateway Quarterly Reports exceed (or are exceeded by) Gateway’s actual Gross Revenues for such period. Each such calculation of the GT Revenue Shortfall Fee shall include a cumulative calculation in arrears for all prior quarters in such two year period, with quarterly payments and credits set by the cumulative calculation. The GT Revenue Shortfall Fee shall be paid and credited quarterly in arrears during the Initial Two Year Active Period Projection, within thirty (30) days after receipt of the calculation.