Bank Guarantee Fee definition

Bank Guarantee Fee means the fee specified in clause L(4); Break Costs – means the costs described in clause I; Conditions Precedent – means:
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Bank Guarantee Fee means the fee specified in clause L(4);
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Examples of Bank Guarantee Fee in a sentence

  • For so long as Rabobank has any contingent liability under a Bank Guarantee, the Account Owner must pay the Bank Guarantee Fee to Rabobank calculated daily at the rate specified in the Letter of Offer or, if no rate is so specified, the Variable Rate plus the Margin, on the amount of the contingent liability.

  • 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.

  • 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.

  • 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.

  • The financial costs are mostly Bank Guarantee Fee, Front End Fee, L/C Fee and Interest for Short-term Loans and Promissory Notes.

  • The financial costs are mostly Bank Guarantee Fee, Front End Fee, L/C Fee and Interest for Short-term Loans and Promissory Notes.Other IncomesFor the First Quarter of 2019, the Company has other income of 32.04 million baht, an increase of 30.28 million baht, which was mainly due to recognition of foreign exchange gain of 27.76 million baht.

  • 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.

  • 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 conforming with Rabobank’s policies relating to lending.

  • B) Should a Bank Guarantee be requested we will charge a Bank Guarantee Fee of 1.5% per annum plus a fixed charge of $100.00 per transaction.

Related to Bank Guarantee Fee

  • Guarantee Fee shall have the meaning given to that term in Section 4.1.

  • Bank Guarantee means an irrevocable and unconditional undertaking by a trading bank approved by the Council to pay the Development Contribution amount on demand without an expiry or end date and containing terms and conditions acceptable to Council and in accordance with clause 9 of this Agreement;

  • Facility Charge means one percent (1%) of the Maximum Term Loan Amount.

  • Facility Letter of Credit Fee is defined in Section 2A.8.

  • Lender Fee Letter means each fee letter agreement that shall be entered into by and among the Borrower, the Servicer, the applicable Lender and its related Lender Agent in connection with the transactions contemplated by this Agreement, as amended, modified, waived, supplemented, restated or replaced from time to time.

  • Performance Bank Guarantee means the irrevocable unconditional bank guarantee to be submitted by the successful bidder as per the RfS.

  • Fronting Fee shall have the meaning provided in Section 4.1(c).

  • Letter of Credit Fee has the meaning specified in Section 2.03(h).

  • Facility Letter of Credit Obligations means, as at the time of determination thereof, all liabilities, whether actual or contingent, of the Borrower with respect to Facility Letters of Credit, including the sum of (a) the Reimbursement Obligations and (b) the aggregate undrawn face amount of the then outstanding Facility Letters of Credit.

  • Facility Letter of Credit means a Letter of Credit issued hereunder.

  • Facing Fee shall have the meaning provided in Section 3.01(c).

  • Applicable Letter of Credit 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 “Letter of Credit Fee.” Applicable Margin shall mean, as applicable:

  • Guarantee Amount means the maximum amount payable under a guarantee which amount shall be specifically set forth in writing at the time the guarantee is entered into by the authority.

  • Undrawn Fee a fee payable pursuant to Section 3.2 for each day of the related Collection Period equal to the product of (x) the aggregate Commitments on such day minus the aggregate principal amount of outstanding Advances on such day times (y) the Undrawn Fee Rate times (z) 1/360.

  • LC Fee is defined in Section 2.19.4.

  • Letter of Credit Facility means, at any time, an amount equal to the amount of the Issuing Bank's Letter of Credit Commitment at such time, as such amount may be reduced at or prior to such time pursuant to Section 2.05.

  • 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.

  • Letter of Credit Obligation means, as of any date of determination, the aggregate amount available to be drawn under all outstanding Letters of Credit on such date (if any Letter of Credit shall increase in amount automatically in the future, such aggregate amount available to be drawn shall currently give effect to any such future increase) plus the aggregate Reimbursement Obligations and Letter of Credit Borrowings on such date.

  • Standby Letter of Credit Fee shall have the meaning assigned to such term in Section 3.5(b)(i).

  • Facility LC Application is defined in Section 2.19.3.

  • Class A Liquidity Facility has the meaning set forth in the Intercreditor Agreement.

  • Arranger Fee Letter means that certain Arranger Fee Letter related to this Agreement, entered into by the Company and dated November 23, 2015.

  • Fronted Letter of Credit means a standby Letter of Credit issued by an Issuing Lender having an L/C Fronting Commitment in which each Lender purchases a risk participation pursuant to Section 3.4.

  • Class B Liquidity Facility has the meaning set forth in the Intercreditor Agreement.

  • Letter of Credit Obligations means all outstanding obligations incurred by Agent and Lenders at the request of Borrower, whether direct or indirect, contingent or otherwise, due or not due, in connection with the issuance of Letters of Credit by Agent or another L/C Issuer or the purchase of a participation as set forth in Annex B with respect to any Letter of Credit. The amount of such Letter of Credit Obligations shall equal the maximum amount that may be payable by Agent or Lenders thereupon or pursuant thereto.

  • Replacement Liquidity Facility Responsible Officer", "Scheduled Payment", "Special Payment", "S&P", "Stated Interest Rate", "Subordination Agent", "Taxes", "Threshold Rating", "Trust Agreement", "Trustee", "Underwriters", "Underwriting Agreement", "United States" and "Written Notice".