Governmental Lender Annual Fee definition

Governmental Lender Annual Fee means, for the period from the Closing Date to but not including June 1, 2017, an amount equal to one-eighth of one percent (1/8%) of the maximum principal amount of the Governmental Lender Note; and, thereafter, on each June 1 during the remainder of the Qualified Project Period, commencing June 1, 2017, an amount equal to the greater of (a) one-eighth of one percent of the then outstanding principal amount of the Governmental Lender Note, or (b) $5,000.
Sample 1
Governmental Lender Annual Fee means, for the period from the Closing Date to but not including September 1, 2017, an amount equal to one-eighth of one percent (1/8%) of the maximum principal amount of the Funding Loan; and, thereafter, on each September 1 during the remainder of the Compliance Period, commencing September 1, 2017, an amount equal to the greater of (a) one-eighth of one percent of the then outstanding principal amount of the Funding Loan, or (b) $5,000.
Sample 1
Governmental Lender Annual Fee means (i) $ on the Note closing date, and (ii) the annual amount payable January 1 of each year beginning January 1, 2019 to the Issuer for its ordinary monitoring fees and expenses under the Indenture in an amount equal to the greatest of
Sample 1

Examples of Governmental Lender Annual Fee in a sentence

  • If the Borrower fails to make payment of the Governmental Lender Annual Fee for a period of two consecutive years or more, the Governmental Lender may, in its sole discretion, declare the total amount of the Governmental Lender Annual Fee through the end of the Compliance Period immediately due and payable, such amount to be discounted at a rate equal to the then current market rate for U.S. Treasury obligations of a maturity equal to the remaining term of the Compliance Period.

  • The full Governmental Lender Annual Fee shall continue to be payable unless and until the Governmental Lender has confirmed receipt of all amounts then due and payable in arrears by the Borrower to the Governmental Lender in connection with the Borrower Loan, at which point the Governmental Lender Annual Fee shall become effective.

  • The offeror further certifies that the contractor and any subcontractors will maintain these insurance coverages during the entire term of the contract and that all insurance coverages will be provided by insurance companies authorized to sell insurance in Virginia by the Virginia State Corporation Commission.

  • Notwithstanding the foregoing, the Governmental Lender shall not be required to submit a xxxx to the Borrower for payment of the Governmental Lender Issuance Fee, the Governmental Lender Annual Fee or any amounts due with respect to arbitrage rebate under Section 148 of the Code, the calculation and payment for which is the responsibility of the Borrower.

  • The full Governmental Lender Annual Fee shall continue to be payable unless and until the Governmental Lender has confirmed receipt of all amounts then due and payable in arrears by the Borrower to the Governmental Lender in connection with the Project Loan, at which point the Governmental Lender Annual Fee shall become effective.

  • As provided in Section 7(d) of the Regulatory Agreement, the Governmental Lender Issuance Fee and the initial Governmental Lender Annual Fee shall be paid to the Governmental Lender by the Borrower on the Closing Date.

  • This would enrich the discussions and ensure that devolved legislatures are able to set out their views on the areas they have a responsibility to implement.

  • The Servicer shall be entitled to retain its Servicing Fee (if any) collected from the Borrower and shall remit the Governmental Lender Annual Fee to the Governmental Lender and shall remit the Ordinary Fiscal Agent’s Fees and Expenses to the Fiscal Agent, together with any other amounts due to the Governmental Lender and the Fiscal Agent collected by the Servicer from the Borrower, in each case in accordance with their respective instructions.

  • Notwithstanding the foregoing, only one Governmental Lender Issuance Fee, and annually only one Governmental Lender Annual Fee, shall be payable under this Regulatory Agreement and the Other Regulatory Agreement.


More Definitions of Governmental Lender Annual Fee

Governmental Lender Annual Fee has the meaning given such term in the Regulatory Agreement.
Sample 1
Governmental Lender Annual Fee means: for the period from the Closing Date to but not including September 1, 2021, $ ; and, thereafter, on each September 1 during the remainder of the Compliance Period commencing September 1, 2022, $ .
Sample 1
Governmental Lender Annual Fee means the greater of (i) 0.125% of the then currentlyoutstanding principal amount of the Governmental Lender Note or (ii) $2,500. For purposes of this definition, the fullIssuance Fee” means an amount equal to $ [ ], (0.30% of
Sample 1
Governmental Lender Annual Fee shall have the meaning given to the term “Annual City Fee” in the Regulatory Agreement.
Sample 1

Related to Governmental Lender Annual Fee

  • Governmental Lender means the City of Los Angeles, a municipal corporation and charter city of the State of California and any successor under this Funding Loan Agreement and the Funding Loan Documents.

  • Lender Affiliate means, (a) with respect to any Lender, (i) an Affiliate of such Lender or (ii) any entity (whether a corporation, partnership, trust or otherwise) that is engaged in making, purchasing, holding or otherwise investing in bank loans and similar extensions of credit in the ordinary course of its business and is administered or managed by a Lender or an Affiliate of such Lender and (b) with respect to any Lender that is a fund which invests in bank loans and similar extensions of credit, any other fund that invests in bank loans and similar extensions of credit and is managed by the same investment advisor as such Lender or by an Affiliate of such investment advisor.

  • Incremental Lender means an Incremental Revolving Lender or an Incremental Term Lender.

  • Initial Term Loan Lender means a Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Tranche B Term Lender means a Lender with a Tranche B Term Commitment or an outstanding Tranche B Term Loan.

  • Affiliated Lender Assignment and Assumption means an assignment and assumption entered into by a Lender and an Affiliated Lender (with the consent of any party whose consent is required by Section 9.05) and accepted by the Administrative Agent in the form of Exhibit A-1 or any other form approved by the Administrative Agent and the Borrower.

  • Incremental Term Loan Assumption Agreement means an Incremental Term Loan Assumption Agreement in form and substance reasonably satisfactory to the Administrative Agent, among the Borrower, the Administrative Agent and one or more Incremental Term Lenders.

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • Initial Term Lender means any Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Additional Commitment Lender shall have the meaning provided in Section 2.15(c).

  • Tranche A Term Lender means a Lender with a Tranche A Term Commitment or an outstanding Tranche A Term Loan.

  • Additional Term Lender means any Lender with an Additional Term Loan Commitment or an outstanding Additional Term Loan.

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.

  • New Term Lender a Lender that has a New Term Loan.

  • VA Approved Lender means a lender which is approved by the VA to act as a lender in connection with the origination of VA Loans.

  • Additional Refinancing Lender has the meaning set forth in Section 2.15(a).

  • New Term Loan Lender shall have the meaning provided in Section 2.14(c).

  • Incremental Lenders has the meaning set forth in Section 2.14(c).

  • Affiliated Lender means, at any time, any Lender that is the Sponsor or an Affiliate of the Sponsor (other than Holdings, the Borrower or any of their respective Subsidiaries) at such time.

  • Tax Lender has the meaning specified therefor in Section 14.2(a) of the Agreement.

  • Additional Lender has the meaning set forth in Section 2.14(c).

  • Approved Lender is defined in Section 12.1.

  • Affiliated Lender Cap has the meaning set forth in Section 10.07(l)(iii).

  • Qualified Lender means a lender approved by the federal department of housing and urban development to enter into a loan insured by the federal government under 12 USC 1715z−20.

  • Additional Revolving Lender means any Lender with an Additional Revolving Credit Commitment or any Additional Revolving Credit Exposure.

  • Incremental Term Loan Lender shall have the meaning provided in Section 2.15(b).