Examples of Administrative Expense Surcharge in a sentence
The portion of each such Loan Payment consisting of principal and the portion consisting of interest and the amount of Administrative Expense Surcharge shall be set forth in Schedule B to the Borrower Bond.
Interest and Administrative Expense Surcharge shall be calculated on the basis of a year of 360 days made up of 12 months of 30 days each.
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.
In addition, the Borrower shall pay an Administrative Expense Surcharge on the outstanding principal amount of the Loan at the rate of 0.50% per annum.
The payments of principal, interest and the Administrative Expense Surcharge with respect to the Loan shall be due on the dates and in the amounts shown in Schedule B to the Borrower Bond, as such Schedule B shall be modified to reflect any principal forgiveness pursuant to Section 4.2 hereof, or as otherwise modified from time to time as provided below.