Deferment Indemnity definition

Deferment Indemnity means an indemnity calculated on the amount of disbursement deferred or suspended at the percentage rate (if higher than zero) by which:
Deferment Indemnity means an indemnity calculated on the amount of disbursement deferred or suspended at the percentage rate (if higher than zero) by which: the interest rate net of the Margin that would have been applicable to such amount had it been disbursed to the relevant Borrower on the Scheduled Disbursement Date exceeds - the Relevant Interbank Rate (one month rate) less 0.125% (12.5 basis points), unless this value is less than zero, in which case it will be set at zero. Such indemnity shall accrue from the Scheduled Disbursement Date to the actual disbursement date or, as the case may be, until the date of cancellation of the Accepted Tranche in accordance with this Contract.
Deferment Indemnity means a fee calculated on the amount of the disbursement deferred or suspended being the higher of:

Examples of Deferment Indemnity in a sentence

  • In such case, the Borrower shall pay the Deferment Indemnity calculated on the amount of disbursement deferred.

  • In such case, that Borrower shall pay the Deferment Indemnity calculated on the amount of disbursement deferred.

  • Indemnity for suspension and cancellation of a Tranche Suspension If the Bank suspends an Accepted Tranche, whether upon an Indemnifiable Prepayment Event or an Event of Default, the Borrower shall pay to the Bank the Deferment Indemnity calculated on the amount of disbursement suspended.

  • If the Bank suspends an Accepted Tranche, whether upon an Indemnifiable Prepayment Event or an event mentioned in Article 10.01, the relevant Borrower shall pay to the Bank the Deferment Indemnity calculated on the amount of disbursement suspended.


More Definitions of Deferment Indemnity

Deferment Indemnity means an indemnity calculated on the amount of disbursement deferred or suspended at the percentage rate (if higher than zero) by which: • the interest rate net of the Margin that would have been applicable to such amount had it been disbursed to the Borrowers on the Scheduled Disbursement Date exceeds • EURIBOR (one month rate) less 0.125% (12.5 basis points), unless this value is less than zero, in which case it will be set at zero. Such indemnity shall accrue from the Scheduled Disbursement Date to the Disbursement Date or, as the case may be, until the date of cancellation of the Notified Tranche in accordance with this Contract.
Deferment Indemnity means an indemnity calculated on the amount of disbursement deferred or suspended at the percentage rate (if higher than zero) by which:- the interest rate net of the Margin that would have been applicable to such amount had it been disbursed to the Borrower on the Scheduled Disbursement Dateexceeds- the Relevant Interbank Rate (one month rate) less 0.125% (12.5 basis points), unless this value is less than zero, in which case it will be set at zero. Such indemnity shall accrue from the Scheduled Disbursement Date to the Disbursement Date or, as the case may be, until the date of cancellation of the Accepted Tranche in accordance with this Contract.
Deferment Indemnity means a fee calculated on the amount of disbursement deferred or suspended being the higher of (a) 0.125% (12.5 basis points), per annum, and (b) the percentage rate by which:
Deferment Indemnity means an indemnity calculated on the amount of disbursement deferred or suspended at the percentage rate (if higher than zero) by which: the interest rate net of the Margin that would have been applicable to such amount had it been disbursed to the relevant Borrower on the Scheduled Disbursement Date exceeds - the Relevant Interbank Rate (one month rate) less 0.125% (12.5 basis points), unless this value is less than zero, in which case it will be set at zero.
Deferment Indemnity means a fee calculated on the amount of disbursement deferred or suspended being the higher of (a) 0.125% (12.5 basis points), per annum, and (b) the percentage rate by which:

Related to Deferment Indemnity

  • Indemnity Agreement means that certain Indemnity Agreement dated as of the Closing Date by Borrower and Indemnitor in favor of Lender.

  • Defects Liability Period means the warranty period following the taking over, during which the Contractor is responsible for making good, defects and damage in Goods and Services provided, under the Contract.