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.
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Drawdown Fee means the fee as described in clause 14.3;
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Drawdown Fee shall have the meaning assigned to such term in Section 2.04(e).
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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.

  • For the avoidance of doubt the Tranche 2 Drawdown Fee will only be payable in respect of actual funds drawn down and corresponding Tranche 2 Convertible Notes issued.

  • The Drawdown Fee shall be paid by Borrower from the proceeds of applicable Loans, as described in Section 3.1(j), Section 3.2(k)(iv) or Section 3.2(l)(iv), as applicable.

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

  • The Lender may, at its option, deduct the Legal Closing Fee from the proceeds of any Loan made on the Closing Date, may deduct the portion of the Commitment Fee then due and the Loan Drawdown Fee for any Loan from the proceeds of the corresponding Loan (including Loans made on the Closing Date) and may deduct the Maturity Extension Fee from the proceeds of any Loan made on or after the initial Maturity Date.


More Definitions of Drawdown Fee

Drawdown Fee means the Drawdown Fee in the amount set forth above under the heading Loan Facility Terms;
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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; provided, however, that the Drawdown Fee shall be equal to zero to the extent that an Advance is made on account of the pledge of a Conduit Loan as Collateral.
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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.
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Drawdown Fee shall have the meaning assigned to that term in Section 2.3(b) [Takedown Fees].
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Drawdown Fee means a fee payable to Lender by Borrower upon each drawdown in an amount set forth in the Schedule.
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Drawdown Fee has the meaning specified in Section 1.5.
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Drawdown Fee as defined in subsection 5.5(c).
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