Issuer Administration Fee definition

Issuer Administration Fee means the fee payable annually in advance to the Issuer on each March 1, in the amount of .10% per annum of the expected principal amount of Mortgage Loan at the inception of each payment period based on the original balance of the Mortgage Loan and projected amortization thereof, as set forth in Exhibit D. On the Closing Date, the Borrower will pay the Issuer Administration Fee in advance to the Issuer for the period from the Closing Date to February 28, 2023. The Trustee will remit to the Issuer (upon receipt of an invoice from the Issuer), payable solely from funds provided by the Borrower, all payments of the Issuer Administration Fee due on or after March 1, 2023. A schedule of the Issuer Administration Fee is attached to this Indenture as Exhibit D.
Issuer Administration Fee means the fee payable annually in advance to the Issuer on each August 1, in the amount of .10% per annum of the aggregate principal amount of Bonds Outstanding at the inception of each payment period; provided that, on the Closing Date, the Borrowers will pay the Issuer Administration Fee in advance to the Issuer for the period from the Closing Date to July 31, 2018; and provided further that the Trustee will remit to the Issuer, payable solely from funds provided by the Borrowers, all payments of the Issuer Administration Fee due on or after August 1, 2018. The Issuer will submit an invoice to the Trustee for all Issuer Administration Fees due after the Closing Date.
Issuer Administration Fee means the fee payable annually in advance to the Issuer in the amount of .10% per annum of the aggregate principal amount of Bonds outstanding at the inception of each payment period.

Examples of Issuer Administration Fee in a sentence

  • In addition, the Borrower must pay to the Issuer all fees and expenses of Issuer described in the Indenture including but not limited to the Issuer Administration Fee.

  • With the shorter dis- tance all linear dimensions are reduced by a factor 1.4, so the radii quoted above become 2.8 pc and 3.2 pc, re- spectively.


More Definitions of Issuer Administration Fee

Issuer Administration Fee means the annual administration fee of the Issuer payable pursuant to Section 7(a) of the Regulatory Agreement.
Issuer Administration Fee has the meaning assigned to that term in the Indenture. “Issuer Compliance Fee” has the meaning assigned to that term in the Indenture.
Issuer Administration Fee means the Issuer’s annual fee, in the greater amount of
Issuer Administration Fee means (i) the Issuer’s issuance fee in the amount of .50% of the original principal amount of the Bonds, payable by the Fiscal Agent to the Issuer on or before the Closing Date from amounts in the Closing Costs Fund, or otherwise by the Borrower, and (ii) the annual fee of the Issuer equal to greatest of (x) $1,200 or (y) $12 per Project rental unit or (z).03% of the principal balance of the Bonds outstanding. The annual fee shall be paid in advance, initially at closing for the two years ending 2025, and thereafter on March 1 of each year until the Bonds are no longer outstanding (but not before 15 years after the commencement of the Qualified Project Period).
Issuer Administration Fee means the fee payable annually in advance to the Issuer on each June 1, in the amount of .10% per annum of the aggregate principal amount of Bonds Outstanding at the inception of each payment period. On the Closing Date, the Borrower will pay the Issuer Administration Fee in advance to the Issuer for the period from the Closing Date to May 31, 2021. The Trustee will remit to the Issuer (upon receipt of an invoice from the Issuer), payable solely from funds provided by the Borrower, all payments of the Issuer Administration Fee due on or after June 1, 2021.
Issuer Administration Fee means the fee payable annually in advance to the Issuer in the amount of
Issuer Administration Fee means the fee payable to the Issuer hereunder, payable annually in advance, each December 1, commencing December 1, 2013, in an amount equal to an annual amount of 0.10% (10 basis points) of the Outstanding principal amount of the Bonds, with a minimum annual fee of $5,000, provided, however, that the initial Issuer Administration Fee will be paid on the Closing Date.