Lending Fee definition
Examples of Lending Fee in a sentence
The Lending Fee disclosed in this Agreement is earned and kept by us as at the Loan Advance Date.
Notwithstanding the provisions of Article 9, Paragraph 1 of the Basic Agreement, upon expiration of the Lending Period, the Lender shall, in addition to the outstanding Margin amount, pay to the Borrower the amount equal to (i) all of the obligations owed to the Borrower (including, but not limited to, damages for delayed payment) such as the Interest for the last calculation period less (ii) the Lending Fee for the last calculation period by the Settlement Date.
The methods of payment and receipt of the Lending Fee and the Margin in foreign currency under this Basic Agreement, and conversions and handling of forward foreign exchange transactions shall be as set forth separately herefrom.
Subject to Section 7.2, the second tranche (“Tranche II Loan”) shall be in the original principal amount of $1,500,000.00, plus the Lending Fee if so elected by Borrowers, and shall be funded on or before April 1, 2014.
The Transfer Agent hereby retains Forum to act as the transfer agent of the Portfolios listed on Schedule A and to furnish the Portfolios with the transfer agent services as set forth below.