Aggregate Ticking Fee definition

Aggregate Ticking Fee means $0.00; provided, if (i) the Closing Date occurs after March 1, 2021, then the Aggregate Ticking Fee shall be increased to an aggregate amount equal to the product of (x) the number of days from March 1, 2021 to (but not including) the Closing Date on which the only conditions to the obligation of Buyer to consummate the transactions contemplated hereby and by the Ancillary Agreements that were not fulfilled or waived in writing by the Buyer were the conditions set forth in S ection 6.1, and conditions solely capable of being satisfied at Closing (including Section 6.2(a)-(c), (e) and (f)), and (y) $240,000.
Sample 1
Aggregate Ticking Fee means $0.00; provided, if (i) the Closing Date occurs after March 1, 2021, then the Aggregate Ticking Fee shall be increased to an aggregate amount equal to the product of (x) the number of days from March 1, 2021 to (but not including) the Closing Date on which the only conditions to the obligation of Buyer to consummate the transactions contemplated hereby and by the Ancillary Agreements that were not fulfilled or waived in writing by the Buyer were the conditions set forth in Section 6.1, and conditions solely capable of being satisfied at Closing (including Section 6.2(a)-(c), (e) and (f)), and (y) $240,000.
Sample 1Sample 2
Aggregate Ticking Fee shall have the meaning set forth in Section 2.3(e).
Sample 1

Related to Aggregate Ticking Fee

  • Ticking Fee has the meaning specified in Section 2.09(a).

  • Funding Fee has the meaning set forth in Section 2.04(b).

  • Commitment Fee has the meaning specified in Section 2.09(a).

  • Upfront Fee has the meaning specified in Section 2.07 hereof.

  • Applicable Commitment Fee Rate shall mean the percentage rate per annum based on the Leverage Ratio then in effect according to the pricing grid on Schedule 1.1(A) below the heading “Commitment Fee.”

  • Facility Fee has the meaning specified in Section 2.09(a).

  • Utilization Fee shall have the meaning assigned to such term in Section 2.06(b).

  • Unused Fee has the meaning specified in Section 2.09(a).

  • Booking Fee is the fee an Agency charges for scheduling Sign Language Interpreters.

  • Closing Fee has the meaning set forth in Section 2.09(c).

  • Unused Commitment Fee has the meaning specified in Section 2.12(a) (Fees).

  • Aggregate Excess Funding Amount of a Non-Funding Lender shall be the aggregate amount of (A) all unpaid obligations owing by such Lender to the Agents, L/C Issuers and other Lenders under the Loan Documents, including such Lender’s share of all Revolving Loans, Letter of Credit Obligations, plus, without duplication, (B) all amounts of Letter of Credit Obligations of such Non-Funding Lender reallocated to other Lenders pursuant to subsection 1.11(e)(ii).

  • Prepayment Fee is, with respect to any Term Loan subject to prepayment prior to the Maturity Date, whether by mandatory or voluntary prepayment, acceleration or otherwise, an additional fee payable to the Lenders in amount equal to:

  • Increase Amount is defined in Section 2.3(a).

  • Aggregate Targeted Balance With respect to any group of Targeted Principal Classes or Components and any Distribution Date, the amount set forth for such group for such Distribution Date in Schedule V hereto.

  • Aggregate Amount means the aggregate amount by which the resolution authority has assessed that eligible liabilities are to be written down or converted, in accordance with Article 46(1);

  • Applicable Commitment Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.15(C)(i) hereof determined in accordance with the provisions of Section 2.15(D)(ii) hereof.

  • Aggregate Class B Interest Distributable Amount With respect to any Distribution Date, the sum of (i) the Note Class Interest Distributable Amount for the Class B Notes as of such Distribution Date and (ii) the Class B Interest Carryover Shortfall as of the close of the preceding Distribution Date.

  • Applicable Facility Fee means the percentage set forth in the table below corresponding to the Level at which the Ratings-Based Applicable Margin is determined in accordance with the definition thereof: 2 0.125 % 3 0.150 % 4 0.200 % 5 0.250 % 6 0.300 % Any change in the applicable Level at which the Ratings-Based Applicable Margin is determined shall result in a corresponding and simultaneous change in the Applicable Facility Fee.

  • Unused Facility Fee has the meaning specified in Section 2.09(a).

  • Unused Amount means the Maximum Line reduced by outstanding Revolving Advances. The Borrower agrees to pay to the Lender an unused line fee at the rate of one quarter of one percent (0.25%) per annum on the average daily Unused Amount from the date of this Agreement to and including the Termination Date, due and payable monthly in arrears on the first day of the month and on the Termination Date.

  • Drawing Fee means, with respect to each Draft drawn by TCCI and purchased by any Person on any Drawing Date and subject to the provisions of Section 2.15, an amount equal to the product of (i) the Applicable Rate times the aggregate Face Amount of the Draft, multiplied by (ii) a fraction the numerator of which is the number of days in the term to maturity of such Draft and the denominator of which is 365 or 366, as applicable.

  • Aggregate Expense Rate With respect to any Mortgage Loan, the sum of the related Servicing Fee Rate and the applicable Insurance Fee Rate, in the case of any Mortgage Loan covered by a Bulk PMI Policy or a LPMI Policy.

  • Reduction Amount has the meaning set forth in Section 2.05(b)(viii).

  • Maximum Undrawn Amount means with respect to any outstanding Letter of Credit, the amount of such Letter of Credit that is or may become available to be drawn, including all automatic increases provided for in such Letter of Credit, whether or not any such automatic increase has become effective.

  • Exit Fee shall have the meaning specified in the Fee Letter.