Bank Costs definition

Bank Costs means all taxes and insurance premiums of every kind and nature of the Borrower paid by the Bank; all filing, recording, publication, and search fees incurred in connection with and relating to the Borrower paid by the Bank; all reasonable out-of-pocket costs incurred and sums expended by the Bank, with or without suit, to correct any default, to make advances of principal and interest of payments to prior secured parties, to enforce any right or remedy of the Bank, or in connection with any other provision of any Loan Document, including without limitation, any out-of-pocket costs incurred by the Bank with respect to any other lender in connection with the Loan Documents and the transactions contemplated thereby; all reasonable out-of-pocket costs incurred and sums expended in gaining possession of, inspection of, maintaining, handling, preserving, repairing, renovating, storing, shipping, finishing, selling, preparing for sale, and advertising to sell the Collateral, whether or not a sale is consummated; out-of-pocket costs of using, operating, controlling and managing the Collateral, including but not limited to, rental and licensing costs; out-of-pocket costs of collecting and receiving rent, income, revenue, earnings, issues and profits of the Collateral; reasonable out-of-pocket costs of suit incurred by the Bank in enforcing or defending this Agreement or any other Loan Document or any portion, thereof; all out-of-pocket costs and expenses including reasonable attorneys’ fees and expenses incurred by the Bank in preparing, reviewing, enforcing, amending, modifying, extending, administering, defending or otherwise concerning this Agreement or any other Loan Document or any portion hereof or thereof; and whether or not suit is brought, all out-of-pocket costs of arbitration and insolvency proceedings.
Bank Costs means the costs to the Lender from time to time of maintaining or funding this Facility B pursuant to any applicable regulatory or other applicable law (including without limitation, any stamp duty or costs incurred in order to comply with any reserve cash ratio, special deposit, liquidity, capital adequacy requirements or any other similar requirements), expressed as a nominal annual compounded monthly in arrears rate, and a certificate given by a manager of the Lender (whose appointment and designation need not be proved) of the amount of such costs and/or the amount of such rate shall be prima facie proof of its contents;
Bank Costs means the costs to the Lender from time to time of maintaining or funding this Facility A pursuant to any applicable regulatory or other applicable law (including without limitation thereto, any stamp duty as well as costs incurred in order to comply with any reserve cash ratio, special deposit, liquidity, capital adequacy requirements or any other similar requirements), expressed as a nominal annual compounded quarterly in arrears rate, and a certificate given by a manager of the said bank (whose appointment and designation need not be proved) of the amount of such costs and/or the amount of such rate shall be prima facie proof of its contents;

Examples of Bank Costs in a sentence

  • Sources: Dealscan for all loan characteristics; Beck, Demirgüc-Kunt and Levine (2000) for Financial Development, Bank Costs and Bank Concentration; World Development Indicators for Economic Development; Kaufmann, Kraay and Mastruzzi (2007) for Rule of Law; Djankov, McLiesh and Shleifer (2007) for Creditor Rights; own computations for Lerner Index.

  • Bank Costs is defined as the mean ratio of overhead costs to total assets for all banks.

  • The main line item out of order was the Bank Costs item, 3263 at$12177.08 over spent.

  • Under exceptional circumstances, if additional resources are needed to facilitate community participation or NGO collaboration under particularly difficult conditions, incremental Bank costs can be requested up to 9 percent of the total grant amount.Amount requested in USD200,000The Task Team is requesting Incremental Bank Costs of $200,000 (equavalent to $60,000 per year for first two years and$40,000 per year for the subsequent two years).

  • Specific details of the external materials to be used in the proposal have not been provided.


More Definitions of Bank Costs

Bank Costs means the cost, expressed as a percentage (rounded to the second decimal place) and on a nacm rate basis, to the Lenders in providing, maintaining or funding the Advance under the Facility, pursuant to any Law in force within the Republic of South Africa, which cost shall be determined by the Original Lender at the commencement of each Interest Period and notified to the Borrower in writing and which costs shall not exceed the costs that the Original Lender would incur if it remains the sole Lender; 2.2.14 "Borrower" means Harmony Gold Mining Company Limited (Registration No. 1950/038232/06), a public company duly incorporated in accordance with the company laws of South Africa; 2.2.15 "Breakage Costs" means the amount (if any) by which; 2.2.15.1 the interest (excluding the Applicable Margin) which a Lender should have received for the period from the date of receipt of all or any part of its participation in the Advance or Unpaid Sum to the last day of the current Interest Period in respect of the Advance or Unpaid Sum, had the amount then due or Unpaid Sum received been paid on the last day of that Interest Period; exceeds; 2.2.15.2 the amount which that Lender would be able to obtain by placing an amount equal to the amount then due or Unpaid Sum received by it on deposit with a leading bank in the Johannesburg interbank market for a period starting on the Business Day following receipt or recovery and ending on the last day of the current Interest Period;
Bank Costs means in respect of any Lender organised under the laws of, or making advances from, South Africa, the cost (determined by the Onshore Administrative Agent in accordance with Schedule 8, Part B) and expressed as a percentage and on a nominal annual compounded quarterly in arrear rate basis, to the relevant Lenders of maintaining or funding any Advance denominated in Rand pursuant to any Applicable Law in force in South Africa;
Bank Costs means all filing, recording, publication and search fees incurred in connection with and relating to the Loans paid by the Bank; all reasonable out-of-pocket costs incurred and sums expended by the Bank, with or without suit, to correct any default, to enforce any right or remedy of the Bank, or in connection with any other provision of any Loan Document; all reasonable out-of-pocket costs of suit incurred by the Bank in enforcing or defending this Agreement or any other Loan Document or any portion thereof; all reasonable out-of-pocket costs and expenses including reasonable attorneys' fees and expenses incurred by the Bank in preparing, reviewing, enforcing, amending, modifying, administering, defending or otherwise concerning this Agreement or any other Loan Document or any portion hereof or thereof; and whether or not suit is brought, all out-of-pocket costs of arbitration and insolvency proceedings.
Bank Costs means all reasonable costs and expenses of any kind paid or incurred by BANK in connection with the preparation, execution, delivery, amendment, modification, administration or termination of this Agreement or any other Loan Document or Interim Loan Document, any transaction contemplated herein and the preservation, enforcement, defense and protection of BANK'S rights and remedies, in any manner concerning this Agreement or any other Loan Document or Interim Loan Document (limited solely to legal fees incurred), or any transaction contemplated herein, including, but not limited to: (a) expenditures of every nature and kind of BORROWER paid or incurred by BANK as permitted under this Agreement, (b) filing, recording publication, appraisal and search costs related to the Collateral, including, but not limited to, costs paid to perfect, maintain and preserve the existence and priority of liens on the Collateral; (c) costs incurred in collecting and gaining possession of, maintaining, handling, preserving, storing, shipping, selling, preparing for sale and advertising to sell the Collateral; and (d) reasonable attorneys' fees and other expenses paid or incurred by BANK in enforcing, obtaining legal advise in preparing, reviewing, consummating, amending, restructuring, extending, terminating, defending, or preserving or protecting BANK'S rights and remedies in any manner concerning, this Agreement or any Loan Document, or any transaction contemplated herein.
Bank Costs means all taxes and insurance premiums of every kind and nature of the Borrower paid by the Bank; all filing, recording, publication, and search fees incurred in connection with and relating to the Borrower paid by the Bank; all out-of-pocket costs incurred and sums expended by the Bank, with or without suit, to correct any default, to make advances of principal and interest or payments to prior secured parties, to enforce any right or remedy of the Bank, or in connection with any other provision of any Loan Document, including without limitation, any out-of-pocket costs incurred by the Bank with respect to any other lender in connection with the Loan Documents and the transactions contemplated thereby; out-of-pocket costs of suit incurred by the Bank in enforcing or defending this Agreement or any other Loan Document or any portion thereof; all out-of-pocket costs and expenses including attorneys' fees and expenses incurred by the Bank in preparing, reviewing, enforcing, amending, modifying, extending administering, defending or otherwise concerning this Agreement or any other Loan Document or any portion hereof or thereof; and whether or not suit is brought, all out-of- pocket costs of arbitration and insolvency proceedings.
Bank Costs means the cost, expressed as a percentage (rounded to the second decimal place) and on a nacm rate basis, to the Lenders in providing, maintaining or funding the Advance under the Facility, pursuant to any Law in force within the Republic of South Africa, which cost shall be determined by the Original Lender at the commencement of each Interest Period and notified to the Borrower in writing and which costs shall not exceed the costs that the Original Lender would incur if it remains the sole Lender;
Bank Costs means $8,400.00 in legal fees and costs incurred by the Bank in connection with this First Amendment.