Downgrade Fee definition

Downgrade Fee means the fee for Downgrade specified in the Service Schedule or Pricing Schedule. Download means data that is inbound to your internet connection. Excess Usage Charges means the charges payable for use over and above you Monthly Usage Allowance.
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Downgrade Fee where relevant to the product is a one-time payment made each time that you ask us to move your Service level from a higher grade to a lower grade, limited to one request per month;
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Downgrade Fee means fees payable by Customer to Supplier in the event where Customer elects to downgrade, before expiry of Minimum Subscription Period, from Price Plan to another with a reduced Fixed Recurring Fee and as set out in Equipment and Service Plan Undertaking Agreement of Cover Sheet.
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Examples of Downgrade Fee in a sentence

  • In case of downgrade from a higher to lower Package a Downgrade Fee of £29.95 will be chargeable.

  • The UMCC is compiling the evidence for review and assessment to determine if further evidence is required to meet a prima facie case.

  • However if you downgrade to a plan of equal or lesser value, then a Downgrade Fee as set out in the Pricing Schedule will apply.

  • However if you downgrade to a plan of equal or lesser value, then a Downgrade Fee will apply.

  • Early Card and Plan Services Cancellation and Downgrade Fee within 10 calendar days $0.00 $16.99 or $19.99 $55.00 If you downgrade or cancel your Premium Plan or Metal Plan during the first ten (10) calendar days you have either plan, the following fees apply: We’ll give you a full refund of your Premium Plan minus a delivery fee depending on the original shipping method ($16.99 for Expedited Priority Delivery and $19.99 for Global Express Delivery).

  • Premium Revolut Card N/A $0.00 N/A No fee for your Premium Revolut Card with the purchase of a Premium Plan, but also refer to Early Card and Plan Services Cancellation and Downgrade Fee.

  • If you miss an a ppointment, you may incur a fee.4.2 Cancellation and Downgrade Fee The Eligible Customer must pay a cancellation/downgrade fee of $220.00 (incl.

  • Notwithstanding general requisites for injunctive relief, under Law No. 75, there is no need for a plaintiff to make any showing it will suffer irreparable harm in order toobtain provisional relief.

  • The Equitable Downgrade Fee with respect to the Series 2010-A Notes shall be payable on the same periodic basis as the interest on such Series 2010-A Notes is payable and on each date upon which interest is payable on such Series 2010-A Notes.

  • Accrued and unpaid Credit Downgrade Fee, if any, on each Loan shall be payable on the Payment Date for each Loan.


More Definitions of Downgrade Fee

Downgrade Fee means the downgrade fees that apply to your Pricing Plan.
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Related to Downgrade Fee

  • Downgrade Event means, unless otherwise specified on the Cover Sheet, for a Party means that Party’s Credit Rating falls below BBB- from S&P or Baa3 from Moody’s or becomes no longer rated by either S&P or Moody’s.

  • Investment Grade Rating Event means the first day on which the Notes have an Investment Grade Rating from each Rating Agency, and no Default has occurred and is then continuing under this Indenture.

  • Investment Grade Rating Date means the date on which the Borrower first obtains an Investment Grade Rating.

  • Downgrade Drawing has the meaning assigned to such term in Section 3.6(c).

  • Downgrade Advance means an Advance made pursuant to Section 2.02(c).

  • Downgrade means the removal of a person's privilege to operate a commercial motor vehicle, as

  • Required Ratings Downgrade Event means that no Relevant Entity has credit ratings at least equal to the Required Ratings Threshold.

  • Investment Grade Rating means a rating equal to or higher than Baa3 (or the equivalent) by Moody’s and BBB- (or the equivalent) by S&P, or an equivalent rating by any other Rating Agency.

  • Investment Grade Ratings means a rating equal to or higher than Baa3 (or the equivalent) by Moody’s and BBB- (or the equivalent) by S&P, provided that no negative watch is placed on such rating.

  • Liquidity Provider Ratings Event Termination Date means the date established by the Tender and Paying Agent, acting upon instructions of the Fund pursuant to the Tender and Paying Agent Agreement, for termination of the VRDP Purchase Agreement upon the occurrence of a Liquidity Provider Ratings Event, which date shall be not less than 16 days nor more than 30 days following such Liquidity Provider Ratings Event.

  • Investment Grade Certificate As of any date of determination, a Certificate that is rated in one of the four highest generic rating categories by at least one Rating Agency that is defined as a “Rating Agency” under Section III of the Exemption.

  • Rating Downgrade means either:

  • Downgraded Facility “Equipment Notes”, “Fee Letter”, “Final Legal Distribution Date”, “Indenture”, “Interest Payment Date”, “Investment Earnings”, “Liquidity Facility”, “Loan Trustee”, “Long-Term Rating”, “Non-Extended Facility”, “Operative Agreements”, “Participation Agreements”, “Performing Equipment Note”, “Person”, “Pool Balance”, “Rating Agencies”, “Regular Distribution Date”, “Replacement Liquidity Facility”, “Responsible Officer”, “Series A Equipment Notes”, “Scheduled Payment”, “Short-Term Rating”, “Special Payment”, “Stated Interest Rate”, “Subordination Agent”, “Taxes”, “Threshold Rating”, “Trust Agreement”, “Trustee”, “Underwriters”, “Underwriting Agreement” and “United States”.

  • Rating Event means the rating on the Notes is lowered by each of the Rating Agencies and the Notes are rated below an Investment Grade Rating by each of the Rating Agencies on any day within the 60-day period (which 60-day period will be extended so long as the rating of the Notes is under publicly announced consideration for a possible downgrade by any of the Rating Agencies) after the earlier of (a) the occurrence of a Change of Control and (b) public notice of the occurrence of a Change of Control or the Company’s intention to effect a Change of Control; provided that a Rating Event will not be deemed to have occurred in respect of a particular Change of Control (and thus will not be deemed a Rating Event for purposes of the definition of Change of Control Triggering Event) if each Rating Agency making the reduction in rating does not publicly announce or confirm or inform the Trustee in writing at the request of the Company that the reduction was the result, in whole or in part, of any event or circumstance comprised of or arising as a result of, or in respect of, the Change of Control (whether or not the applicable Change of Control has occurred at the time of the Rating Event).

  • Ratings Spread means, with respect to an SRP Calculation Period, the percentage per annum set forth below opposite the highest applicable credit rating assigned to the VRDP Shares, unless the lowest applicable rating is below A3/A-, in which case the Ratings Spread shall mean the percentage per annum set forth below opposite the lowest applicable credit rating assigned to the VRDP Shares by Moody’s, Fitch or any Other Rating Agency, in each case rating the VRDP Shares at the request of the Fund, on the SRP Calculation Date for such SRP Calculation Period:

  • Trigger Amount with respect to Extraordinary Trust Expenses for the Trust is $25,000 and the Maximum Reimbursable Amount is $100,000. The Trustee Fee will be paid by the Expense Administrator. Expenses will be reimbursed by the Expense Administrator in accordance with the Expense Administration Agreement.

  • Unapplied Downgrade Advance means any Downgrade Advance other than an Applied Downgrade Advance.

  • Ratings Trigger Event has the meaning set forth in Section 3.14 of the Sale and Servicing Agreement.

  • Liquidity Provider Ratings Event means the Liquidity Provider shall fail to maintain at any time short-term debt ratings in one of the two highest ratings categories from the Requisite NRSROs or, if applicable, such other short-term debt ratings as may be required for the VRDP Shares to satisfy the eligibility criteria under Rule 2a-7 under the 1940 Act.

  • Counterparty Downgrade Collateral Account means an interest-bearing account of the Issuer with the Custodian into which all Counterparty Downgrade Collateral is to be deposited.

  • Investment Grade Credit Rating means (a) with respect to Fitch, a credit rating of BBB- or higher, (b) with respect to Xxxxx’x, a credit rating of Baa3 or higher and (c) with respect to S&P, a credit rating of BBB- or higher.

  • Moody’s Second Trigger Ratings Threshold means, with respect to Party A, the guarantor under an Eligible Guarantee or an Eligible Replacement, (i) if such entity has a short-term unsecured and unsubordinated debt rating from Moody’s, a long-term unsecured and unsubordinated debt rating or counterparty rating from Moody’s of “A3” and a short-term unsecured and unsubordinated debt rating from Moody’s of “Prime-2”, or (ii) if such entity does not have a short-term unsecured and unsubordinated debt rating from Moody’s, a long-term unsecured and unsubordinated debt rating or counterparty rating from Moody’s of “A3”.

  • Moody’s First Trigger Ratings Threshold means, with respect to Party A, the guarantor under an Eligible Guarantee or an Eligible Replacement, (i) if such entity has a short-term unsecured and unsubordinated debt rating from Moody’s, a long-term unsecured and unsubordinated debt rating or counterparty rating from Moody’s of “A2” and a short-term unsecured and unsubordinated debt rating from Moody’s of “Prime-1”, or (ii) if such entity does not have a short-term unsecured and unsubordinated debt rating or counterparty rating from Moody’s, a long-term unsecured and unsubordinated debt rating or counterparty rating from Moody’s of “A1”.

  • Lowest Adjacent Grade (LAG means the elevation of the ground, sidewalk or patio slab immediately next to the building, or deck support, after completion of the building.

  • Applied Downgrade Advance has the meaning assigned to such term in Section 2.06(a).

  • Ratings Decline Period means the period that (i) begins on the earlier of (a) the date of the first public announcement of the occurrence of a Change of Control and (b) the occurrence of a Change of Control and (ii) ends 90 days following consummation of such Change of Control; provided that such period shall be extended for so long as the rating of the Notes, as noted by the applicable Rating Agency, is under publicly announced consideration for downgrade by the applicable Rating Agency.