Examples of Administrative Expense Surcharge in a sentence
In addition, the Borrower shall pay an Administrative Expense Surcharge on the outstanding principal amount of this Borrower Bond at a rate of 1.00% per annum.
If the District consents to a prepayment, such prepayment must be accompanied by payment of accrued interest and Administrative Expense Surcharge to the date of prepayment on the amount of principal prepaid.
Past- due payments of (i) principal and interest and (ii) Administrative Expense Surcharge shall bear interest at the rate of 8% per annum, compounded on each Loan Repayment Date, until paid.
Interest on the unpaid principal amount hereof and Administrative Expense Surcharge shall be calculated on the basis of a 360-day year made up of 12 months of 30 days each.
Each installment shall be in the amount set forth opposite its due date in Schedule A hereto under "Total Loan Payment." The portion of each such payment consisting of principal, the portion consisting of interest and the portion consisting of Administrative Expense Surcharge shall be as set forth in schedule A hereto.