Interest and Accruing Fees definition

Interest and Accruing Fees means all interest and accruing ordinary course fees (such as transaction, origination and other similar fees) that are paid in connection with the Loans pursuant to the Credit Documents from and after the Agreement Date; provided that Interest and Accruing Fees shall not include any PIK Interest.
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Interest and Accruing Fees means, with respect to any Loan Interest, all interest and accruing ordinary course fees (such as commitment, facility, letter of credit and other similar fees) that are paid in connection with the Loans and Commitments (if any) pursuant to the applicable Loan Documents; provided that Interest and Accruing Fees shall not include any PIK Interest.
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Examples of Interest and Accruing Fees in a sentence

  • If (a) the Debt is a Performing Loan, (b) the terms relating to “Paid on Settlement Date” set forth in Section 5 are applicable to the Transaction and (c) the Assignment Effective Date occurs on a Delayed Settlement Date, then the “Paid On Settlement Date Amount” shall be deemed to mean an amount equal to the accrued but unpaid amount of Interest and Accruing Fees and, if applicable, Adequate Protection Payments, to (but excluding) the Commencement Date.

  • All Interest and Accruing Fees and, if applicable, Adequate Protection Payments, accrued but unpaid by the obligor(s) with respect to the Purchase Amount of the Debt and allocable to the Delay Period shall be for the account of Buyer.

  • All Interest and Accruing Fees and, if applicable, Adequate Protection Payments, accrued and paid by the obligor(s) with respect to the Purchase Amount of the Debt and allocable to the Delay Period shall be for the account of Buyer and shall be credited to Buyer by Seller on the Delayed Settlement Date.

Related to Interest and Accruing Fees

  • Facility Fees has the meaning provided in Section 2.11(a).

  • Unpaid Interest Amount As of any Distribution Date and any Class of Certificates, the sum of (a) the portion of the Accrued Certificate Interest Distribution Amount from Distribution Dates prior to the current Distribution Date remaining unpaid immediately prior to the current Distribution Date and (b) interest on the amount in clause (a) above at the applicable Pass-Through Rate (to the extent permitted by applicable law).

  • L/C Fees has the meaning set forth in Section 3.4(c).

  • Commitment Fees has the meaning set forth in Section 2.11(a).

  • Class Unpaid Interest Amounts As to any Distribution Date and Class of interest bearing Certificates, the amount by which the aggregate Class Interest Shortfalls for such Class on prior Distribution Dates exceeds the amount distributed on such Class on prior Distribution Dates pursuant to clause (ii) of the definition of Class Optimal Interest Distribution Amount.

  • accrued is used in its accounting sense, i.e., an amount paid is no longer accrued. In the calculation of amounts of things, differences and sums may generally result in negative numbers, but when the calculation of the excess of one thing over another results in zero or a negative number, the calculation is disregarded and an "excess" does not exist. Portions of things may be expressed as fractions or percentages interchangeably.

  • Commitment Fee has the meaning specified in Section 2.09(a).

  • Unused Commitment Fee has the meaning specified in Section 2.12(a) (Fees).

  • Upfront Fees shall have the meaning assigned to such term in Section 2.05.

  • Ticking Fee has the meaning specified in Section 2.09(b).

  • Net Aggregate Prepayment Interest Shortfall With respect to any Distribution Date, the amount, if any, by which (a) the aggregate of all Prepayment Interest Shortfalls incurred in connection with the receipt of Principal Prepayments on the Mortgage Loans during the related Due Period, exceeds (b) the aggregate amount deposited by the Master Servicer in the Certificate Account for such Distribution Date pursuant to Section 3.19 in connection with such Prepayment Interest Shortfalls.

  • Unused Line Fee has the meaning specified in Section 2.5.

  • Unused Fee has the meaning specified in Section 2.09(a).

  • Accrued Interest Amount For any Distribution Date and for any Undercollateralized Group, an amount equal to one month’s interest on the applicable Principal Deficiency Amount at the Net WAC of the applicable Loan Group, plus any interest accrued on such Undercollateralized Group remaining unpaid from prior Distribution Dates.

  • Unpaid Interest Shortfalls Each of the Class A Unpaid Interest Shortfalls, the Class B-1 Unpaid Interest Shortfall, the Class B-2 Unpaid Interest Shortfall, the Class B-3 Unpaid Interest Shortfall, the Class B-4 Unpaid Interest Shortfall, the Class B-5 Unpaid Interest Shortfall and the Class B-6 Unpaid Interest Shortfall.

  • Drawing Fee means, with respect to each Draft drawn by TCCI and purchased by any Person on any Drawing Date and subject to the provisions of Section 2.15, an amount equal to the product of (i) the Applicable Rate times the aggregate Face Amount of the Draft, multiplied by (ii) a fraction the numerator of which is the number of days in the term to maturity of such Draft and the denominator of which is 365 or 366, as applicable.