Fee Cap definition

Fee Cap shall have the meaning set forth in the Pricing Side Letter.

Fee Cap is defined in Section 4.4.

Fee Cap means an amount less than or equal to the Maximum Credit amount, but in no event less than $20,000,000, determined by the Investment Adviser and conveyed to the Bank, effective on the 20th day of each month, by written notice in the form attached as Exhibit D hereto, through and including the month which includes the first anniversary of the date herein. Thereafter, the facility fee shall be computed on the average daily unused portion of the Maximum Credit.

Examples of Fee Cap in a sentence

• The Fee Cap and the Expense Cap are sometimes collectively referred to as the Contract Amount.

• In no event shall the fee payable to Manager for any Interest Period exceed the Management Fee Cap for such Interest Period and in no event shall Borrower pay or become obligated to pay to Manager, any transition or termination costs or expenses, termination fees, or their equivalent in connection with the Transfer of a Property or the termination of the Management Agreement.

• By: By: ___________________________ Name: ______________________________ Name: ________________________ Title: ______________________________ Title: __________________________ Attest: ________________________ Corporate Secretary] EXHIBIT A – Scope of Work EXHIBIT B – Schedule Notwithstanding the foregoing, the cumulative amount of Service Fees remitted by University to Contractor will not exceed $_______________ (Fee Cap) without the prior written approval of University.

• The Incentive Fee Cap for any quarter is an amount equal to (a) 20% of the Cumulative Net Return (as defined below) during the relevant Trailing Twelve Quarters minus (b) the aggregate Incentive Fees based on income that were paid in respect of the first eleven calendar quarters (or the portion thereof) included in the relevant Trailing Twelve Quarters.

• The amount of the Incentive Fee based on income that is paid to the Investment Adviser for a particular quarter equals the excess of the Incentive Fee so calculated minus the aggregate Incentive Fees based on income that were paid in respect of the first eleven calendar quarters (or the portion thereof) included in the relevant Trailing Twelve Quarters but not in excess of the Incentive Fee Cap (as described below).

More Definitions of Fee Cap

Fee Cap has the meaning assigned thereto in Section 23(a) hereof.

Fee Cap means (a) with respect to Agent’s counsel in connection with (i) the preparation, negotiation and closing of the Loan Documents entered into as of the Closing Date and (ii) the preparation, negotiation and, if applicable, closing of any intercreditor agreement and related documents in connection with the initial Approved ABL Facility proposed to be entered into following the Closing Date (whether or not the same closes), three hundred thousand dollars ($300,000) plus any and all out-of-pocket third-party costs, fees and expenses incurred by Agent’s counsel in connection with customary diligence and closing expenses (e.g. Lien searches, filing fees and searches to reflect relevant financing statement filed under the Code) and (b) with respect to Avenue Lender in connection with the preparation, negotiation and closing of the Loan Documents entered into as of the Closing Date, twenty-five thousand dollars ($25,000).

Fee Cap has the meaning given to it in Section 8.11. “Fees” has the meaning given to it in Section 8.1.

Fee Cap has the meaning given to it in Section 10.1(a).

Fee Cap has the meaning provided for in subsection 6.6(a)(i).

Fee Cap means, for any Monthly Period, an amount equal to 1.00% of the Aggregate Principal Balance of such Loans.

Fee Cap means a Fee Cap that applies to Core Funding First Time Partner Service.