Base Fee Percentage definition

Base Fee Percentage means 1.5 per cent. per annum (the “Maximum Base Fee Percentage”), or such lower amount as may be determined by the Programme Counterparty and notified to the Issuer, the Transaction Parties and the Securityholders from time to time, provided that the Issuer shall procure (and the Programme Counterparty has agreed) that Securityholders shall be given not less than 30 calendar days’ prior notice in accordance with Condition 19 of any change to the Base Fee Percentage and if the scheduled day notified for any such change is not a Scheduled Valuation Day, the change to the Base Fee Percentage shall take effect on the first following Scheduled Valuation Day. The current Base Fee Percentage and any proposed change to the Base Fee Percentage shall be published on the website maintained on behalf of the Issuer at www.etc.db.com (or such other website as may be notified to Securityholders in accordance with Condition 19 from time to time). The Base Fee Percentage as at the Series Issue Date is 0.45 per cent. per annum.
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Base Fee Percentage means a percentage equal to 0.02% divided by the Servicing Fee Rate.
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Base Fee Percentage means the following per annum percentages, which vary based on the Total Market Capitalization (as adjusted annually for inflation beginning from January 1, 2015) calculation: For each quarter in which the Total Market Capitalization* is: Base Fee Percentage will be: ≤$6 billion 0.70% > $6 billion and ≤ $10 billion 0.70% on amounts up to $6 billion 0.60% on amounts exceeding $6 billion > $10 billion 0.70% on amounts up to $6 billion 0.60% on amounts exceeding $6 billion, up to $10 billion 0.50% on amounts exceeding $10 billion ______________ * Total Market Capitalization thresholds are subject to an annual inflation adjustment on each January 1 beginning January 1, 2016, based on increases to CPI.
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Examples of Base Fee Percentage in a sentence

  • As consideration for Seller servicing the Mortgage Loans pursuant to the Deferred Servicing Agreements during the applicable Consent Period, Purchaser shall pay to Seller, a monthly base servicing fee for each calendar month during such period during which Seller is servicing Mortgage Loans with respect to Deferred Servicing Agreements pursuant to this Sale Supplement equal to the Base Fee Percentage of the Specified Amounts with respect to such calendar month (the “Seller Monthly Servicing Fee”).

  • Fiscal Year Fixed Monthly Fee Contingent Management Revenues Base Fee Percentage 2024/2025 $3,917 10% $630,000 2025/2026 $4,000 11% $635,000 2026/2027 $4,167 12% $640,000 2027/2028 $4,250 13.5% $645,000 2028/2029 $4,333 15% $650,000 *If Revenues for Owner equals $640,000 in fiscal year 2024/2025 then the Contingent Management Fee would be computed as follows: (Example Revenue Base) = $630,000 ($10,000 times 10% or a contingent management fee of $1,000).


More Definitions of Base Fee Percentage

Base Fee Percentage means the following per annum percentages, which vary based on the Total Market Capitalization (as adjusted annually for inflation beginning from January 1, 2015) calculation:
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Base Fee Percentage means, with respect to each Retailer Fee Percentage offered under the Program, the fee percentage set forth in Schedule 5(a) as of the Effective Date (as such Schedule may be amended from time to time to add additional credit based promotions).
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Base Fee Percentage means [To be completed if Integrated Conditions or specified in Final Terms if Long-Form Conditions – ●] per cent. per annum (the “Maximum Base Fee Percentage”), or such lower amount as may be determined by the Programme Counterparty and notified to the Issuer, the Transaction Parties and the Securityholders from time to time, provided that the Issuer shall procure (and the Programme Counterparty has agreed) that Securityholders shall be given not less than 30 calendar days’ prior notice in accordance with Condition 19 of any change to the Base Fee Percentage and if the scheduled day notified for any such change is not a Scheduled Valuation Day, the change to the Base Fee Percentage shall take effect on the first following Scheduled Valuation Day. The current Base Fee Percentage and any proposed change to the Base Fee Percentage shall be published on the website maintained on behalf of the Issuer at www.etc.db.com (or such other website as may be notified to Securityholders in accordance with Condition 19 from time to time). The Base Fee Percentage as at the [To be completed if Integrated Conditions or specified in Final Terms if Long-Form Conditions - Series Issue Date/Issue Date] is [To be completed if Integrated Conditions or specified in Final Terms if Long- Form Conditions – ●].
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Base Fee Percentage means, with respect to each Program Fee Percentage offered under the Program the percentage set forth on Schedule 3.5 as of the Program Commencement Date (as such Schedule may be amended from time to time to add additional credit based promotions).
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Base Fee Percentage means, as of any date, the positive difference, if any, of (i) the excess, if any, of (x) yield rate of weighted average life AAA-rated, privately issued automobile asset-backed securities (A) issued by ACC or an Affiliate thereof, or, if neither ACC nor any Affiliate have issued any such securities in the calendar quarter immediately preceding such date, such other issuer chosen by the Placement Agent in its sole discretion, (B) guaranteed by the Insurer or a similar monoline insurance company and (C) with a weighted average life similar to that of the Total Receivables Pool on such date, as determined by the Placement Agent over (y) the Index Rate or other appropriate index as determined by the Placement Agent on such date over (ii) 0.75%.
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Related to Base Fee Percentage

  • Facility Fee Percentage means the applicable percentage per annum ----------------------- determined, at any time, based on the range into which Borrower's Credit Rating (if any) then falls, in accordance with the following tables. Any change in the Facility Fee Percentage shall be effective immediately as of the date on which any of the rating agencies announces a change in the Borrower's Credit Rating or the date on which the Borrower has no Credit Rating, whichever is applicable. The Facility Fee Percentage during the time, from time to time, that the Borrower maintains an Investment Grade Credit Rating by either Xxxxx'x or S&P shall be as follows: Range of Borrower's Credit Rating Percentage of S&P/Moody's Ratings Maximum Credit Amount ------------------- --------------------- below BBB-/Baa3 0.00% BBB-/Baa3 0.20% BBB/Baa2 0.20% BBB+/Baa1 0.15% A-/A3 0.15% If at any time the Borrower has a Credit Rating by both Moody's and S&P which Credit Ratings are split, then: (A) if the difference between such Credit Ratings is one ratings category (e.g. Baa2 by Moody's and BBB- by S&P), the Facility Fee Percentage shall be the rate per annum that would be applicable if the highest of the Credit Ratings were used; and (B) if the difference between such Credit Ratings is two ratings category (e.g. Baa1 by Moody's and BBB- by S&P), the Facility Fee Percentage shall be the rate per annum that would be appli- cable if the median of the applicable Credit Ratings is used.

  • Applicable L/C Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 3.08(a) hereof as set forth in the Pricing Schedule.

  • Applicable Fee Percentage means, as of any date of determination thereof, the applicable percentage used to calculate certain of the fees due and payable hereunder, determined by reference to the appropriate columns in the Pricing Matrix attached to this Agreement as Schedule 1.1.

  • Commitment Fee Percentage means, with respect to the Revolving Loan Commitments at any time, the per annum percentage which is used to calculate Commitment Fees for such Revolving Loan Commitments determined pursuant to the Pricing Grid.

  • Applicable Unused Line Fee Percentage means, as of any date of determination, the applicable percentage set forth in the following table that corresponds to the Average Revolver Usage of Borrowers for the most recently completed month as determined by Agent in its Permitted Discretion; provided, that for the period from the Closing Date through and including February 28, 2015, the Applicable Unused Line Fee Percentage shall be set at the rate in the row styled "Level II"; provided further, that any time an Event of Default has occurred and is continuing, the Applicable Unused Line Fee Percentage shall be set at the margin in the row styled "Level II": Level Average Revolver Usage Applicable Unused Line Fee Percentage I > 50% of the Maximum Revolver Amount 0.25 percentage points II < 50% of the Maximum Revolver Amount 0.375 percentage points The Applicable Unused Line Fee Percentage shall be re-determined on the first date of each fiscal month of Borrowers by Agent.

  • Applicable Facility Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.14(C)(i) hereof determined in accordance with the provisions of Section 2.14(D)(ii) hereof.

  • 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 2.14(C)(i) hereof determined in accordance with the provisions of Section 2.14(D)(ii) hereof.

  • Servicing Fee Percentage With respect to each Mortgage Loan, the percentage specified on the Servicer Mortgage Loan Schedule.

  • Applicable Unused Commitment Fee Rate means 0.50% per annum.

  • Unused Fee Rate means a rate equal to 0.50% per annum.

  • Facility Fee Rate means a rate per annum determined in accordance with the Pricing Schedule.

  • Commitment Fee Rate has the meaning set forth in the definition of “Applicable Margin”.

  • Unused Commitment Fee Rate has the meaning given to such term in the Fee Letter.

  • Applicable Commitment Fee Rate means:

  • Monthly Uptime Percentage means total number of minutes in a calendar month minus the number of minutes of Downtime suffered in a calendar month, divided by the total number of minutes in a calendar month.

  • Applicable Facility Fee Rate means, at any time, the percentage rate per annum at which Facility Fees are accruing on the Aggregate Commitment (without regard to usage) at such time as set forth in the Pricing Schedule.

  • Applicable Unused Line Fee Margin means the per annum fee, from time to time in effect, payable in respect of Borrowers’ non-use of committed funds pursuant to Section 1.9(b), which fee is determined by reference to Section 1.5(a).

  • Applicable Commitment Fee Margin means, for each Pricing Period, the margin set forth below (expressed in basis points per annum) opposite the Applicable Pricing Level for that Pricing Period: Applicable Pricing Level Margin II 10.0 V 17.5

  • Program Fee Rate has the meaning set forth in the Fee Letter.

  • Utilization Fee Rate means the percentage set forth in Schedule 1 hereto beside the then applicable Level.

  • Strike Percentage means 100%

  • Note Percentage means (i) for each Payment Date until the aggregate principal amount of each Class of Notes has been paid in full, 100%; and (ii) thereafter, 0%.

  • Applicable Fee Rate means, at any time, the percentage rate per annum at which Commitment Fees are accruing on the unused portion of the Aggregate Commitment at such time as set forth in the Pricing Schedule.

  • L/C Fee Rate with respect to each Letter of Credit at any date, the applicable percentage per annum set forth below based upon the Status on such date: Level I Level II Level III Level IV Level V Level VI Status Status Status Status Status Status ------ ------ ------ ------ ------ ------ 0.45% 0.50% 0.60% 0.70% 0.90% 1.20%

  • Applicable Utilization Fee Rate means, as of any date, the percentage rate per annum at which Utilization Fees accrue on all Revolving Credit Advances at such time as set forth in the Pricing Schedule.

  • Uptime Percentage means Uptime expressed as a percentage, calculated in accordance with the following formula: