Borrowing Fee definition

Borrowing Fee means the fee, if any, charged by the Lender from time to time for providing the Loan in accordance with this Deed.
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Borrowing Fee means, in respect of a Loan, the borrowing fee computed based on the Borrowing Fee Rate and payable by the Borrower to CDP;
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Borrowing Fee. If the average monthly loan balance in the aggregate for Borrower and the Other Borrower is less than $5,000,000, the difference between the actual monthly average loan balance in the aggregate for Borrower and the Other Borrower and $5,000,000 multiplied by the annual interest rate; PROVIDED, that no Minimum Borrowing Fee shall be charged for the first six (6) months after Closing
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Examples of Borrowing Fee in a sentence

  • It is also important to bear in mind that the higher the leverage, the higher the Loan Amount and the associated Interest Amount, Capital Protection Fee and Borrowing Fee.

  • The portion of the Borrowing Fee relating to Westpac’s estimate of the trailing commission will also be capped at 2.2% (including GST) of the Loan Amount at the time of Acceptance of your Application.

  • You can obtain our current estimate of trailing commission for Westpac SFIs in each Series at any time by contacting Westpac on 1800 990 107.The Borrowing Fee per Westpac SFI can be determined using the following formula:Borrowing Fee = F × LAwhere:F = the Borrowing Fee percentage applicable to the Westpac SFI; andLA = the Loan Amount.The Borrowing Fee per Westpac SFI is pre-paid once for the Term by Applicants on the date of Acceptance of your Application.

  • The portion of the Borrowing Fee relating to any upfront commission will be capped at 2.2% (including GST) of the Loan Amount.

  • The Loan component of your Westpac SFI means you are liable to pay borrowing costs associated with the Loan – including the Initial Interest Amount, each subsequent Interest Amount and the Borrowing Fee (if applicable).

  • Part of the First Payment, together with the Loan, is used to acquire the Underlying Security, which is held on trust for you by the Security Trustee.The First Payment includes the Initial Interest Amount and the Borrowing Fee (if any, the inclusion of which is agreed between you and your adviser).

  • We then use your Loan to pay the Initial Interest Amount and the Borrowing Fee (if any).

  • The precise allocation of your First Payment – as between the cost of acquiring the Underlying Securities (less the value of the Loan drawn down), the Initial Interest Amount and the Borrowing Fee (if any) – is determined once your application monies have cleared (unless agreed otherwise between you and Westpac).

  • For each XYZ share transferred to the Security Trustee, the Loan Amount is $16.00, the Initial Interest Amount is $1.12 and the Borrowing Fee for the Term of the Westpac SFI is $0.70.

  • The Loan Amount for each Westpac SFI is $16.00 and the Borrowing Fee percentage applicable is 4.4% (including GST).


More Definitions of Borrowing Fee

Borrowing Fee. If the average monthly loan balance is below Two Million Five Hundred Thousand Dollars ($2,500,000) ("Minimum Borrowing") Lender shall receive a fee equal to the interest on the difference between the actual average monthly loan balance and the Minimum Borrowing, payable monthly;
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Borrowing Fee means the fee, if any, charged by the Lender from time to time for providing the Loan.
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Borrowing Fee means the fee, if any, charged by the Issuer from time to time for providing the Loan for a Reset Period in accordance with the Trust Deed and PDS and as set out in the Summary Table in PDS Part 1.
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Borrowing Fee means an amount equal to the product of (i) $250,000 multiplied by (ii) the percentage set forth next to Holder’s name on Schedule I of the Agreement under the column “Closing Percentage.”
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Borrowing Fee means the fees charged by the Operator for enabling the Users to borrow on the Operator’s Site, as specified in the User’s Personalised Quote and the subsequent Loan Contract (if agreed);
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Related to Borrowing Fee

  • Revolving Advance has the meaning given in Section 2.1.

  • borrowing rate means the interest rate expressed as a fixed or variable percentage applied on an annual basis to the amount of credit drawn down;

  • Base Rate Borrowing means a Borrowing comprised of Base Rate Loans.

  • Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans.

  • ABR Revolving Facility Borrowing means a Borrowing comprised of ABR Revolving Loans.

  • Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.

  • Revolving Advances means Advances made other than Letters of Credit.

  • Borrowing means Loans of the same Type, made, converted or continued on the same date and, in the case of Eurodollar Loans, as to which a single Interest Period is in effect.

  • ABR Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

  • Eurodollar Revolving Borrowing means a Borrowing comprised of Eurodollar Revolving Loans.

  • RFR Borrowing means, as to any Borrowing, the RFR Loans comprising such Borrowing.

  • Maximum Revolving Advance Amount means $25,000,000.

  • Fixed Rate Borrowing means a Borrowing comprised of Fixed Rate Loans.

  • Pro-Rata Borrowing has the meaning assigned to such term in Section 2.03(a).

  • Canadian Borrowing means a Borrowing of Canadian Loans.

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

  • Borrowing Tranche means specified portions of Loans outstanding as follows: (i) any Loans to which a LIBOR Rate Option applies which become subject to the same Interest Rate Option under the same Loan Request by the Borrower and which have the same Interest Period shall constitute one Borrowing Tranche, and (ii) all Loans to which a Base Rate Option applies shall constitute one Borrowing Tranche.

  • Revolving Borrowing means a borrowing consisting of simultaneous Revolving Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Lenders pursuant to Section 2.01.

  • Borrowing Limit has the meaning set forth in Section 1.1(a)(i).

  • Swingline Participation Amount as defined in Section 2.7(c).

  • L/C Borrowing means an extension of credit resulting from a drawing under any Letter of Credit which has not been reimbursed on the date when made or refinanced as a Revolving Credit Borrowing.

  • Mandatory Borrowing shall have the meaning provided in Section 2.1(d).

  • Term B Borrowing means a borrowing consisting of simultaneous Term B Advances of the same Type made by the Term B Lenders.

  • Eurodollar Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Adjusted LIBOR Rate in accordance with the provisions of Article II.

  • Committed Borrowing means a borrowing consisting of simultaneous Committed Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Lenders pursuant to Section 2.01.

  • Eurodollar Rate Borrowing means a Borrowing comprised of Eurodollar Rate Loans.