Examples of Bank Guarantee Fee in a sentence
The Bank Guarantee Fee may also be debited on the last day of the Loan Period, or immediately before the Facility is repaid or cancelled, the Loan Limit is reduced to zero or Rabobank demands or requires repayment of the Facility in accordance with the Facility Agreement.
The amount of the Bank Guarantee Fee debited on an Interest Payment Date is the sum of the daily amounts of the fee calculated in accordance with this clause for the period commencing on the day that a Bank Guarantee is first issued under the Facility (in the case of the first debit of this fee) or on the previous Interest Payment Date, and ending on the day before the Interest Payment Date on which the amount is to be debited.
If Rabobank varies the terms and conditions applying to the Facility pursuant to a Loan Conditions Review, or if Rabobank varies the Margin, Undrawn Loan Fee or Bank Guarantee Fee pursuant to a Loan Pricing Review, then Rabobank will provide the Account Owner with a notice specifying the variations, which will come into effect one month from the date of the Loan Conditions Review or the Loan Pricing Review.
If the unit is to be installed internally, it is recommended that it sit within a separate drip tray, with provision for drainage of this water to a drain, etc.
At a Loan Pricing Review, Rabobank may review the Margin, Undrawn Loan Fee and Bank Guarantee Fee conforming with Rabobank’s policies relating to lending.
At a Loan Pricing Review, Rabobank may review the Margin, Undrawn Loan Fee and Bank Guarantee Fee in the context of its current rates for similar facilities of similar amounts to account owners of a similar financial standing and vary them accordingly.
The financial costs are mostly Bank Guarantee Fee, Front End Fee, L/C Fee and Interest for Short-term Loans and Promissory Notes.
If Rabobank does not require the Account Owner to fully repay the Facility, then Rabobank may at its discretion vary some or all of the terms and conditions applying to the Facility, except the Margin, Undrawn Loan Fee and Bank Guarantee Fee, so that some or all of its then current terms and conditions for similar facilities of similar amounts to account owners of a similar financial standing apply to the Facility.
Variations to Facility Agreement If Rabobank varies the terms and conditions applying to the Facility pursuant to a Loan Conditions Review, or if Rabobank varies the Margin, Undrawn Loan Fee or Bank Guarantee Fee pursuant to a Loan Pricing Review, then Rabobank will provide the Account Owner with a notice specifying the variations which will come into effect one month from the date of the Loan Conditions Review or the Loan Pricing Review.
The financial costs are mostly Bank Guarantee Fee, Front End Fee, L/C Fee and Interest for Short-term Loans and Promissory Notes.This was resulting in the drastically increasing of finance cost in 2019 compare to 2018.