Defeasance Costs means expenses incurred in the defeasance or prepayment of secured indebtedness including, but not limited to: prepaid interest, yield maintenance or other prepayment premiums, legal, accounting and consulting fees directly attributable to the defeasance of debt; the write‑off of deferred financing fees; servicer processing fees; custodial account fees; rating agency fees; and the computed defeasance premium.
Defeasance Costs shall each have the meanings set forth in Section 4.4.
Defeasance Costs means those costs associated with the prepayment or defeasance of the Defeased Debt.
Examples of Defeasance Costs in a sentence
Alternatively, one can identify the particular metric(s) thought to be most sensitive to a particular pollutant or stressor (e.g., clingers or scrapers as indicators of fine sediment loading).
A first recommendation on the use of the EU PEF method was established in 2013 by the European Commission, followed by the so called “Pilot Phase”, which included more stakeholders to test the applicability of the methods and guidelines for a selected number of product types.
The County has no obligation to pay Defeasance Costs except where specifically provided for in this Agreement.
If the amount of Defeasance Costs paid by the County to the State is less than the State’s actual Defeasance Costs, the State shall so notify the County and the County shall pay the deficiency to the State within thirty (30) days after the State notifies the County.
At the time of disposal of the asset, items recognised in other comprehensive income are reclassified as retained earn- ings and are not reclassified to the income statement.
More Definitions of Defeasance Costs
Defeasance Costs has the meaning specified in the definition of Closing Indebtedness in Section 1.1.
Defeasance Costs means all charges and expenses charged by the Existing Lender, and, as applicable, any and all other administrative fees and costs, attorneys’ fees and expenses and other amounts charged by the Existing Lender in connection with the conveyance of the Property and release of the liens securing the Existing Debt, including custodial fees, rating agency fees, accountant fees, legal fees, successor borrower legal fees, defeasance consultant fees, services legal fees, services processing fees, and the defeasance premium.
Defeasance Costs means the sum of: (A) the cost of the government securities that must be pledged to Lender as substitute collateral for the Existing Loan, to the extent such cost exceeds the amount then due on account of principal, interest and other charges due Lender as of the Close of Escrow without regard to the defeasance, (B) other fees and charges due Lender on account of the defeasance, as more particularly provided in the Existing Loan Documents and (C) other costs and expenses incurred by Seller as a result of such Defeasance Election (including, but not limited to, reasonable attorney’s fees related solely to the Defeasance) not to exceed $2,500 per Property. If Purchaser delivers a Defeasance Election, that Purchaser and Seller shall each act in good faith and with due diligence to assist in defeasance of the one or more of the Existing Loans at Closing, and to execute and deliver all documents and agreements necessary to effect the defeasance. The Defeasance Election shall require that the lender under the Existing Loans shall release Rxxxxx Xxxxx and Mxxx Xxxxxxxx from any liability or obligation under the applicable Existing Loan Documents from and after the Closing Date.
Defeasance Costs means any prepayment, redemption or defeasance costs or penalties associated with the redemption, repurchase or defeasance of the Closing Date Indebtedness incurred on or before the Closing Date, whether the same is incurred by the Company or any Subsidiary thereof or the Purchaser, including without limitation, (a) the amount by which the Tender Offer Consideration for any 9 1/4% Note or any 9 5/8% Note, as applicable, tendered pursuant to the relevant Tender Offer is greater than the principal of, and accrued interest on, such 9 1/4% Note or 9 5/8% Note on the Closing Date, (b) all Consent Payments that may be payable pursuant to the Tender Offers, (c) all fees and expenses of Persons providing services to the Company in respect of the Tender Offers, the Proposed Amendments and the Note Defeasances, including the Company's legal counsel, financial advisors, dealer managers, information agents and accountants; (d) the printing and mailing costs in respect of the Tender Offers, the Proposed Amendments and the Note Defeasances, and (e) fees and expenses of the relevant trustees and their legal counsel under the indentures for the 9 1/4% Notes or the 9 5/8% Notes, as applicable; provided, however, that Defeasance Costs shall not include the principal of, or interest accrued on, the 9 1/4% Notes or the 9 5/8% Notes on the Closing Date or any costs incurred as a result of a misrepresentation or breach by the Purchaser of any provision of this Agreement. Defeasance Costs shall also include the amount by which the amount necessary to covenant defease all 9 1/4% Notes and 9 5/8% Notes not purchased pursuant to the Tender Offers in accordance with the applicable provisions of the respective indentures governing the 9 1/4% Notes and the 9 5/8% Notes is greater than the principal of, and interest accrued through the Closing Date on, the 9 1/4% Notes and the 9 5/8% Notes not purchased pursuant to the Tender Offers on the Closing Date; provided, that in calculating such costs it shall be assumed that the 9 1/4% Notes and the 9 5/8% Notes are redeemed on the earliest dates following the Closing Date on which they may be redeemed pursuant to their respective indentures.
Defeasance Costs is defined in Section 11.01(d).
Defeasance Costs shall have the meaning set forth in Section 10.1(c) hereof.
Defeasance Costs means any premium, fee or penalty paid or payable to the holders of Closing Indebtedness in connection with the prepayment, repurchase or defeasance of such Closing Indebtedness incurred on or before the Closing Date, whether the same is incurred by the Company or any Subsidiary thereof or Buyer.