Bank Costs definition

Bank Costs means all taxes and insurance premiums of every kind and nature of a Borrower paid by the Bank; all filing, recording, publication, and search fees incurred in connection with and relating to a 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; all 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; 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 appraisal, accounting, consulting and 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 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;
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;

Examples of Bank Costs in a sentence

  • Bank Costs shall accrue interest at the highest legal rate from the date of demand until payment is received by the Bank.

  • If a LIBOR Rate Loan is prepaid prior to the end of the Loan Period for such loan, whether voluntarily or because prepayment is required due to the Note maturing or due to acceleration of the Note upon default or otherwise, the Borrower agrees to pay all of the Bank Costs, expenses and Interest Differential (as determined by the Agent) incurred as a result of such prepayment.

  • For each type of retailer, Layne-Farrar (2011) reports the costs per transaction associated with point of sale (POS) time, Back Office Costs, Bank Costs, Float Costs, Theft/Robbery/Fraud Costs, Counterfeit Costs, Fraud Prevention, and Other Direct Costs.

  • Administration is requesting an additional $36,893.96 for the cost of tax required on the contract and an additional $3,848.01 for Bank Costs.

  • Vacancy Sickness Other Reasons Total CA2 Nursing Bank Costs and Usage.


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;
Bank Costs means $8,400.00 in legal fees and costs incurred by the Bank in connection with this First Amendment.
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; all out-of-pocket costs incurred and sums expended in gaining possession of, inspection of, maintaining, handling, selling, preparing for sale, and advertising to sell the Collateral, whether or not a sale is consummated; 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 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 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 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;