Borrow Fee definition

Borrow Fee means the fee paid by Borrower to the Lender for the Loan.
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Borrow Fee means the product of (A) the Borrow Fee Rate and (B) the relevant Day Count Fraction;
Sample 1

Examples of Borrow Fee in a sentence

  • For each Calendar Day in excess of the Maturity Date or the Recall Delivery Day (whichever is applicable) in which Borrower has not returned the Borrowed Asset, the Borrow Fee paid above shall be increased by [****] (the “Late Fee”) (annualized, calculated daily).

  • When a Loan is executed, the Borrower will be responsible for payment of the Borrow Fee as agreed to in the relevant Loan Term Sheet, and the Borrow Fee shall be annualized but calculated daily on the basis of a 360-day year for the actual number of days elapsed, and is subject to change if agreed to by Borrower and Lender.

  • When a Loan is executed, the Borrower will be responsible to pay the Borrow Fee as agreed to in the relevant Loan Term Sheet, the Borrow Fee shall be annualized but calculated daily on the basis of a 360-day year for the actual number of days elapsed and is subject to change if agreed to in writing by Borrower and Lender.

  • When a Loan is executed, the Borrower will be responsible to pay the Borrow Fee as agreed to in the relevant Loan Term Sheet, the Borrow Fee shall be annualized but calculated daily on the basis of a 360-day year for the actual number of days elapsed and is subject to change if agreed to by Borrower and Lender.

  • For each Calendar Day in excess of the Maturity Date or the Recall Delivery Day (whichever is applicable) in which Borrower has not returned any Digital Currency, Borrower shall incur an additional fee (the “Late Fee”) of 3% (annualized, calculated daily) of the notional amount of the Loan in addition to the Borrow Fee.

  • The Borrow Fee shall be paid in Dollars unless otherwise agreed by the parties.

  • Marie is operated by the diversion of surplus waters of the St. Marys River.

  • For each Calendar Day in excess of the Maturity Date in which Borrower has not repaid the Loan, Borrower shall incur an additional fee (the “Late Fee”) of 10% (annualized, calculated daily) of the notional amount of the Loan in addition to the Borrow Fee.

  • The Borrow Fee with respect to Dollar Loans shall be paid in Dollars.

Related to Borrow Fee

  • Facility Fee has the meaning specified in Section 2.09(a).

  • Applicable Facility Fee means the percentage set forth in the table below corresponding to the Level at which the “Applicable Margin” is determined in accordance with the definition thereof: Level Facility Fee 2 0.125% 3 0.150% 4 0.200% 5 0.250%

  • Loan Fee shall have the meaning assigned in Section 5.1.

  • Applicable Utilization Fee means, as of any date that the aggregate Advances exceed 33% of the aggregate Commitments, a percentage per annum determined by reference to the Public Debt Rating in effect on such date as set forth below: -------------------------------- ----------------------------- Public Debt Rating Applicable S&P/Moody's Utilization Fee -------------------------------- ----------------------------- Level 1 BBB+ or Baa1 or above 0.125% -------------------------------- ----------------------------- Level 2 BBB or Baa2 0.250% -------------------------------- ----------------------------- Level 3 BBB- and Baa3 0.000% -------------------------------- ----------------------------- Level 4 BBB- or Baa3 0.000% -------------------------------- ----------------------------- Level 5 BB+ and Ba1 0.000% -------------------------------- ----------------------------- Level 6 Lower than Level 5 0.000% -------------------------------- -----------------------------

  • Utilization Fee shall have the meaning assigned to such term in Section 2.06(b).

  • 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.

  • L/C Participation Fee shall have the meaning assigned to such term in Section 2.05(c).

  • Facility Fees has the meaning provided in Section 2.11(a).

  • Commitment Fee has the meaning specified in Section 2.09(a).

  • Participation Fee means the amount payable by the Participant to the Council for the right to participate in the Hong Kong Pavilion at the Exhibition, as specified in Section I of the Application Form.

  • Advance fee means any consideration paid or given, directly or indirectly, to a mortgage lender, secondary mortgage broker or originator required to be licensed or registered pursuant to sections 36a-510 to 36a-524, inclusive, as amended by this act, prior to the closing of a secondary mortgage loan to any person, including, but not limited to, loan fees, points, broker's fees or commissions, transaction fees, or similar prepaid finance charges;

  • LC Participation Fee shall have the meaning assigned to such term in Section 2.05(c).

  • Origination Fee means any origination fee payable to the Department by the lender with respect to any Trust Student Loan.

  • Unused Facility Fee has the meaning specified in Section 2.09(a).

  • LC Fee is defined in Section 2.19.4.

  • Standby Fee has the meaning defined in Section 2.7.

  • Unused Revolving Line Facility Fee is defined in Section 2.4(c). [Signature page follows.]

  • Applicable Commitment 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 “Commitment Fee.”

  • L/C Fee has the meaning specified in Section 2.03(i).

  • Maximum Advance Amount shall not exceed Five Hundred Thousand Dollars ($500,000) or two hundred (200%) percent of the average daily volume based on the trailing ten (10) days preceding the Drawdown Notice date whichever is of a larger value.

  • Term Advance has the meaning specified in Section 2.01(a).

  • Cash Advance Fee means a cash advance fee or similar fee that is charged to an Account under the related Credit Card Agreement.

  • Prepayment Fee is, with respect to any Term Loan subject to prepayment prior to the Maturity Date, whether by mandatory or voluntary prepayment, acceleration or otherwise, an additional fee payable to the Lenders in amount equal to:

  • Non-Utilization Fee has the meaning assigned thereto in the Pricing Side Letter.

  • Maximum Swingline Amount means $5,000,000.

  • Net Finance Charges means, for the Reference Period, the Finance Charges according to the latest Financial Report(s), after deducting any interest payable for that Reference Period to any member of the Group and any interest income relating to cash or cash equivalent investment.