Examples of Fee Payment Period in a sentence
In addition, the Company shall pay a fronting fee in an amount equal to 0.25% per annum on the average daily undrawn and unexpired amount of each Letter of Credit issued by such Issuing Lender, payable in arrears to the relevant Issuing Lender for each Fee Payment Period on the related Fee Payment Date.
In addition, the Borrower shall pay to the Issuing Lender for its own account a fronting fee equal to the greater of (x) 0.20% per annum on the undrawn and unexpired amount of each Letter of Credit issued by it or (y) $500, in the case of either clause (x) or (y), payable in arrears on each Fee Payment Date in respect of the related Fee Payment Period during which such Letters of Credit were outstanding.
In addition, the Company shall pay a fronting fee in an amount agreed separately with each Issuing Lender on the average daily undrawn and unexpired amount of each Letter of Credit issued by such Issuing Lender (other than any Existing Letter of Credit) during each Fee Payment Period, payable in arrears for each Fee Payment Period on the related Fee Payment Date.
In addition, the Borrower shall pay to the Issuing Lender for its own account a fronting fee of 0.20% per annum on the undrawn and unexpired amount of each Letter of Credit issued by it, payable in arrears on each Fee Payment Date in respect of the related Fee Payment Period during which such Letters of Credit were outstanding.
Landlord shall provide Tenant with written notice if Landlord enters into a lease for the Suite 200/210 Expansion Space, which notice shall also indicate the Basic Rent payable under such third party lease, if any, for any portion of the term of the third party lease falling within the Termination Fee Payment Period.
Other than during the Servicing Fee Payment Period, TCSI shall service the Credit Card Accounts without additional compensation, in consideration for the other covenants and provisions of this Agreement.
The Borrower shall pay to the Guarantor Banks a guarantee fee accruing from day to day during each Guarantee Fee Payment Period at the rate per annum equal to the Margin in respect of such Guarantee Fee Payment Period on the Guarantee Outstanding Amounts, if any, under the EDB Guarantee during such Guarantee Fee Payment Period.
If this Agreement is terminated at any time after the Interim Closing and such termination is not the result of a breach of this Agreement by one of the Parties, Buyer shall pay Seller the Lease Fee for each full month of the Lease Fee Payment Period, and Seller shall distribute the Escrowed Funds, together with interest accrued thereon, to Buyer, and all such payments shall be made within thirty (30) days after termination.
The parties hereto acknowledge and agree that a Triggering Event occurred during September 1997 and that the first month in the Fee Payment Period shall be October 1997.
As compensation for TCSI's servicing activities with respect to the Credit Card Accounts, Investor shall pay to TCSI, during the Servicing Fee Payment Period, a servicing fee equal to the amount of net cash proceeds from the Credit Card Receivables in excess of a yield on the unpaid portion of the Purchase Price equal to the Required Return for such period (the "Monthly Yield").