Equivalent fee definition

Equivalent fee means an amount equal to the percentage determined by dividing the fee paid under the Primary Credit Facility by the principal outstanding amount under the Primary Credit Facility multiplied by the aggregate outstanding principal amount of the Notes.
View Source
Equivalent fee means, without duplication, (a) in connection with the payment of any fee under the Bank Credit Agreement in connection with any deletion, removal, amendment or modification to the Bank Restricted Payment Covenant, Bank Secured Recourse Indebtedness Covenant or the definitions of “Capitalization Rate” or “Change of Control” in the Bank Credit Agreement, as the case may be, an amount equal to (i) the percentage determined by dividing such fee by the principal amount outstanding under the Bank Credit Agreement multiplied by (ii) the aggregate outstanding principal amount of the Notes, (b) in connection with any increase in the applicable interest rate or interest rate margins with respect to any Indebtedness under the Bank Credit Agreement in connection with any such deletion, removal, amendment or modification described in clause (a), an amount equal to the increase in basis points of such interest rate or interest rate margins under the Bank Credit Agreement, and (c) in connection with the payment of any other type of consideration in connection with any such deletion, removal, amendment or modification described in clause (a), the equivalent of any such consideration as reasonably determined by the Required Holders.
View Source
Equivalent fee means an amount equal to the percentage determined by dividing the fee paid under the Material Credit Facility by the principal outstanding amount under the Material Credit Facility multiplied by the aggregate outstanding principal amount of the Notes.
View Source

Examples of Equivalent fee in a sentence

  • Cash Advances and Fees You may obtain cash from ATMs or at banks.We will charge a Cash Advance fee or Cash Equivalent fee on the amount of each Cash Advance, as set forth in the Rates and Fees table.

  • Equivalent fee that the Customer would pay if the Fee were to be billed daily (computed by dividing the Fee by the number of days within the applicable Subscription Services Term).

  • Prior to final map or Project approval, OWNER shall pay a Three Hundred Forty Dollar ($340.00) per SFD Dwelling Unit Equivalent fee.

  • Prior to final map or Project approval (for multi-family units that do not require a map), OWNER shall pay a Two Hundred Seventy Four Dollar ($274.00) per Dwelling Unit Equivalent fee.

  • Prior to final map or Project approval (for multi-family units that do not require a map), OWNER shall pay a Forty-Six Dollar ($46.00) per Dwelling Unit Equivalent fee.

  • Prior to final map or Project approval, OWNER shall pay a Forty-Six Dollar ($46.00) per Dwelling Unit Equivalent fee.

  • Equivalent fee that the Customer would pay if the Fee were to be billed monthly (computed by dividing the Fee by the number of months within the applicable Subscription Services Term).