Examples of Guarantee Fee Rate in a sentence
Guarantee Fee Income(1), Guarantee Fee Rate, and Multifamily Guarantee Portfolio (1) Guarantee fee income on a GAAP basis is primarily from the company’s multifamily business.
The Institution will pay interest to EDC on any overdue fees hereunder at the annual rate equal to the Guarantee Fee Rate plus 2%, computed from the due date and compounded monthly on the last day of each month until payment in full.
For many years, the United States has been the world's biggest donor of food aid, usually delivering about half of total aid (3.2 million tonnes grain equivalent or 49% of the total in 2008).1210 USDA (2010), GSM-102 Guarantee Fee Rate Schedule, April.
We noted that the quoted guarantee fee charged by the Guarantee Companies ranged from 0.8% to 1.2% per annum, which the Guarantee Fee Rate falls within the range thereof.
We understood from the Management that when considering the Guarantee Fee Rate, it was determined and based on the arm’s length negotiations between the parties with reference to the level of guarantee fees for comparable transactions in the market and the quotations obtained from independent third party institutions, which are (i) principally engaging in the provision of guarantee services; and (ii) operating its business in Shenzhen and Guangzhou in the PRC market (the “Guarantee Companies”).
The pass-through rate of the Class A Certificates will be subject to a pass-through rate cap equal to the Weighted Average Net Mortgage Pass-Through Rate (as defined in the Offering Documents) minus the Guarantee Fee Rate (as defined in the Offering Documents).
The initial Class Coupon for the Class 1-A-IO Certificates is 0.280204389%.• For each Distribution Date, the Class Coupon of the Class 2-A-IO Certificates will equal the excess, if any, of (x) the Pool 2 Net WAC for that Distribution Date over (y) the sum of (i) 4.000% and(ii) the Guarantee Fee Rate.
When 100% coverage is requested in a given year, there will be a step-up in Guarantee Fee Rate of 50-75 bps.
In order to assess the fairness and the reasonableness of the Guarantee Fee Rate, we have also reviewed the announcements for the transactions involving the provision of guarantee service by companies listed on the Stock Exchange to their respective connected persons as announced within approximately six months prior to and including 8 May 2020, being the date of the Guarantee Service Agreement (the “Comparable Companies Transactions”).
The Class 1-A-IO and Class 2-A-IO Certificates bear interest at the applicable Class Coupon, calculated as follows:• For each Distribution Date, the Class Coupon of the Class 1-A-IO Certificates will equal the excess, if any, of (x) the Pool 1 Net WAC for that Distribution Date over (y) the sum of (i) 3.500% and(ii) the Guarantee Fee Rate.