Guarantee Premium definition

Guarantee Premium means the premium payable to Finnvera in accordance with Clause 5.1 below and calculated in accordance with the grid therein. Xxxxxx Xxxxx Hermes Aktiengesellschaft, Hamburg, acting in its capacity as representative of the Federal Republic of Germany in connection with the issuance of export credit guarantees.
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Guarantee Premium has the meaning provided in Section 3.11(b) (Fees).
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Guarantee Premium means the fee, as agreed upon by the Borrower and the Bank, paid to the Borrower in consideration for making a Guarantee, by an Eligible Homebuyer, an Eligible Elderly Homeowner or an Eligible HOA, as the case may be, on terms and conditions defined in the Master Guarantee Agreement;
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Examples of Guarantee Premium in a sentence

  • The portion of the Credit for the purpose to finance the Guarantee Premium under Finnvera Balancing Loan shall, however, not exceed the lower of (i) the actual Guarantee Premium to be determined and be paid by the Borrower in accordance with Clause 5.1, and (ii) the Guarantee Premium determined by using the percentage specified in level 3 of the Pricing Grid.

  • The purpose of the Credit shall be financing of the Export Transaction and the Guarantee Premium.

  • The main terms of the Credit are as follows: Principal The principal amount of the Finnvera Balancing Loan, being the USD equivalent of EUR [●] [such amount not to exceed the lesser of (a) the USD equivalent of EUR 160,000,000 less 80% of the Eligible German Content Amount (if any) and (b) the USD equivalent of EUR 160,000,000 less 5% of the aggregate commitments of the Lenders under the Credit Agreement; and in each case plus 100% of the Guarantee Premium.

  • The Guarantee Premium will be paid on up-front flat basis on the actual amount of the Credit on the date of disbursement: Level 1 Level 2 Level 3 Level 4 Level 5 Level 6 Level 7 Level 8 Level 9 BASIS FOR PRICING Senior Debt Rating of A- by Standard & Poor’s Or A3 By Moody’s (or higher) Senior Debt Rating of BBB+ by Standard & Poor's Or Baa1 By Moody's Senior Debt Rating of BBB by Standard & Poor's Or Baa2 By Xxxxx'x.

  • The Guarantee Premium will be paid on up-front flat basis on the actual amount of the Credit on the date of disbursement in accordance with the grid as specified below (the “Pricing Grid”): Level 1 Level 2 Level 3 Level 4 Level 5 Level 6 Level 7 Level 8 Level 9 BASIS FOR PRICING Senior Debt Rating of A- by Standard & Poor’s Or A3 By Moody’s (or higher) Senior Debt Rating of BBB+ by Standard & Poor's Or Baa1 By Moody's Senior Debt Rating of BBB by Standard & Poor's Or Baa2 By Moody's.

  • Guarantee Premium the premium payable to Finnvera in accordance with Clause 5.1 below and calculated in accordance with the grid therein.

  • The main terms of the Credit are as follows: Amendment No. 6 in respect of Hull 1402 Principal The principal amount of the Finnvera Balancing Loan such amount not to exceed the aggregate of (a) the lesser of (i) the USD equivalent of EUR 160,000,000 less 80% of the Eligible German Content Amount (if any) and (ii) the USD equivalent of EUR 160,000,000 less 5% of the aggregate commitments of the Lenders under the Credit Agreement; and (b) 100% of the Guarantee Premium.

  • Senior Debt Rating of B by Standard & Poor's Or B2 By Xxxxx'x (or lower) Premium Rate – ICON 2 2,63% 2,88% 3,15% 3,46% 3,81% 4,20% 4,63% 5,65% 6,99% The amount of the Guarantee Premium is equal to the product of the percentage specified in the foregoing grid listed below the Senior Debt Rating as of the Premium Measurement Date (defined in the Credit Agreement to be the date falling 30 days prior to the date of Disbursement) and the principal amount of the Finnvera Balancing Loan in Dollars.

  • Subject to Clause 10 of the General Conditions, the Guaranteed Receivables are the following receivables under the Credit: Principal The principal amount of the Finnvera Balancing Loan such amount not to exceed the aggregate of (a) the lesser of (i) the USD equivalent of EUR 160,000,000 less 80% of the Eligible German Content Amount (if any) and (ii) the USD equivalent of EUR 160,000,000 less 5% of the aggregate commitments of the Lenders under the Credit Agreement; and (b) 100% of the Guarantee Premium.

Related to Guarantee Premium

  • Guaranteed Debt of any Person means, without duplication, all Indebtedness of any other Person referred to in the definition of Indebtedness contained in this Section 101 guaranteed directly or indirectly in any manner by such Person, or in effect guaranteed directly or indirectly by such Person through an agreement (i) to pay or purchase such Indebtedness or to advance or supply funds for the payment or purchase of such Indebtedness, (ii) to purchase, sell or lease (as lessee or lessor) property, or to purchase or sell services, primarily for the purpose of enabling the debtor to make payment of such Indebtedness or to assure the holder of such Indebtedness against loss, (iii) to supply funds to, or in any other manner invest in, the debtor (including any agreement to pay for property or services without requiring that such property be received or such services be rendered), (iv) to maintain working capital or equity capital of the debtor, or otherwise to maintain the net worth, solvency or other financial condition of the debtor or (v) otherwise to assure a creditor against loss; provided that the term “guarantee” shall not include endorsements for collection or deposit, in either case in the ordinary course of business.

  • Guaranteed Obligations has the meaning set forth in Section 11.01.

  • Guaranteed Sum means: The maximum aggregate amount of R