Drawdown Fee definition

Drawdown Fee means, for each Loan with respect to any particular item of Eligible Collateral, an amount equal to the product of 0.25% and the principal amount of such Loan; provided, however, that (a) the Drawdown Fee shall be equal to zero to the extent that such Loan is to be made with respect to a Conduit Loan as Collateral and (b) with respect to any other such item of Eligible Collateral, borrowings which are repaid and subsequently reborrowed will not be charged a subsequent Drawdown Fee.
Sample 1Sample 2Sample 3
Drawdown Fee means the fee as described in clause 14.3;
Sample 1Sample 2
Drawdown Fee shall have the meaning assigned to such term in Section 2.04(e).
Sample 1Sample 2

Examples of Drawdown Fee in a sentence

  • Borrower shall have paid Lender from the proceeds of the advance to be made in connection with such Loan, a Drawdown Fee calculated on the amount of such Loan then being disbursed.

  • Drawdown Fee is a flat fee that applies to all drawdowns where the amount is less than AUD2Ok or equivalent.

  • Notwithstanding the foregoing, if Borrower repays all or a portion of an amount advanced against an asset constituting the Collateral and then requests an additional Advance against the asset in question, the Drawdown Fee shall not be payable for the portion of such subsequent Advance that does not exceed the sum of all amounts so repaid from time to time.

  • The Drawdown Fee shall be retained by the applicable Lender and be deemed fully earned upon receipt.

  • The Drawdown Fee shall be paid each time an Advance is requested by Borrower.


More Definitions of Drawdown Fee

Drawdown Fee means the Drawdown Fee in the amount set forth above under the heading Loan Facility Terms;
Sample 1Sample 2
Drawdown Fee means, for each Advance, an amount equal to the product ------------ of (i) One-Quarter of One Percent (0.25%) and (ii) the principal amount of such Advance with respect to each asset constituting the Collateral.
Sample 1
Drawdown Fee as defined in subsection 5.5(c).
Sample 1
Drawdown Fee means a fee equal to 2.5% of the Principal Sum payable by the Borrower to the Lenders as set out in Section 3.2(2) hereof;
Sample 1
Drawdown Fee means the amount equal to one-half of one percent (0.50%) of ------------ each Acquisition Loan Advance.
Sample 1
Drawdown Fee a non-refundable fee to be paid by Sellers to Buyer on each Purchase Date based upon a percentage of the aggregate Net Invoice Amount as follows: (i) in the case of any Purchased Receivables which are Eligible Long-Term Receivables, .40% of the aggregate Net Invoice Amount, and (ii) in all other cases, .20% of the aggregate Net Invoice Amount.
Sample 1
Drawdown Fee means a fee equal to five percent (5%) of the principal ------------ amount of each Borrowing payable in accordance with the Investment Advice Agreement.
Sample 1