Loan Maintenance Fee definition

Loan Maintenance Fee. Is defined in Section 1-9(b).
Sample 1Sample 2Sample 3
Loan Maintenance Fee. Is defined in Section 1.9(b).
Sample 1
Loan Maintenance Fee means the fee, in the amount of $50 per Unit subscribed for, payable to the Lender on February 1 in each year that such Unit Loan is outstanding, beginning in 2022, in respect of the preceding calendar year, by each Subscriber who qualifies for and obtains the initial advance of the Unit Loan;
Sample 1

Examples of Loan Maintenance Fee in a sentence

  • Loan Maintenance Fee A loan maintenance fee of [Annualised Maintenance Fee Amount] per annum is payable in equal instalments with the Interest Payment.

  • The employee shall obtain seniority status and her/his name shall be entered on the Seniority List upon the date of hire.

  • An annual Loan Maintenance Fee applies to this account and is raised in advance with the interest component.

  • All remaining principal, accrued and unpaid interest, the Term Loan Success Fee, any balance of the Term Loan Maintenance Fee and any other sums due and owing pursuant to the Term Loan Documents shall be due and payable on the Maturity Date.

  • The Term Loan Maintenance Fee shall be paid in forty-seven (47) equal monthly installments of Four Thousand One Hundred Sixty-Six and 77/100 Dollars ($4,166.77) each, commencing on the first day of February, 1995, and continuing on the first day of each month thereafter until fully paid; and the unpaid balance of the Term Loan Maintenance Fee shall be due and payable by Borrower on the earlier (a) of the prepayment of the Term Loan Obligations or (b) the Maturity Date.

  • An indicative monthly instalment amount required to fully repay the Advance on the Facility Expiry Date is: Scheduled Repayment (principal and interest) [Repayment Amount] {Loan Maintenance Fee (currently) [Maintenance Fee Amount]} Monthly instalment amount [Instalment Amount] We will notify you of the monthly instalment amount after the Drawdown Date.} The monthly instalment amount will vary in line with any changes to the Loan Maintenance Fee notified to you.

  • Borrower shall pay to Lender a ------------------------- fee ("Term Loan Maintenance Fee") in an amount equal to Two Hundred Thousand Dollars ($200,000).

  • An indicative [Interest Payment Frequency instalment amount required to reduce the Advance as stated is: Scheduled Repayment (principal and interest) [Repayment Amount] {Loan Maintenance Fee (currently) [Maintenance Fee Amount]} [Interest Payment Frequency] instalment amount [Instalment Amount] We will notify you of the [Interest Payment Frequency] instalment amount after the Drawdown Date.

  • On the date of execution hereof and on each monthly anniversary of the date of execution hereof, a loan maintenance fee equal to Twenty Five Thousand Dollars ($25,000.00) (the "Loan Maintenance Fee").

  • The Term Loan Maintenance Fee and the Term Loan Success Fee shall be deemed fully earned upon Closing and are non-refundable in all instances.

Related to Loan Maintenance Fee

  • Maintenance Fee The Maintenance Fee (see Contract Schedule I) will be deducted during the Accumulation Period from the Current Value on each anniversary of the date the Account is established and upon surrender of the entire Account.

  • Maintenance Fees means the non-refundable fees payable annually by Licensee to OT for Support Services;

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

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

  • Yield Maintenance Premium means the amount (if any) which, when added to the remaining principal amount of this Note, will be sufficient to purchase U.S. Obligations providing the required Scheduled Defeasance Payments; and

  • Yield Maintenance Charge With respect to any Mortgage Loan or Serviced Companion Loan, the yield maintenance charge or prepayment premium, if any, payable under the related Note in connection with certain prepayments.

  • Yield Maintenance Amount means, with respect to any Note, an amount equal to the excess, if any, of the Discounted Value of the Called Principal of such Note over the sum of (i) such Called Principal plus (ii) interest accrued thereon as of (including interest due on) the Settlement Date with respect to such Called Principal. The Yield-Maintenance Amount shall in no event be less than zero.

  • Monthly Maintenance Statement shall have the meaning set forth in Clause 19.6;

  • Payment Date Advance Reimbursement has the meaning set forth in Section 8.03(a)(iii)(A) of the 20[•]-[•] Servicing Supplement.

  • License Fee means the amount payable by the licensee to DMRC as per rates offered by the Selected Bidder for utilization of licensed space and accepted by DMRC to be paid by the Licensee along with other charges and any kind of Central or State Taxes, local levies, statutory dues, etc. that may be payable by the licensee as per prevalent law.

  • Spread Maintenance Premium means, with respect to any payment or prepayment, an amount equal to the product of the following: (i) the LIBOR Margin, the Alternate Rate Spread or the Base Rate Spread then applicable to each such future installment of interest, multiplied by (ii) the principal amount of the Loan so prepaid, and multiplied by (iii) a fraction, the numerator of which is the number of days following the date through which interest on the prepaid amount has been paid through and including December 14, 2019, and the denominator of which is 360.

  • AMPS Basic Maintenance Amount, as of any Valuation Date, means the dollar amount equal to (i) the sum of (A) the product of the number of shares of AMPS and Other AMPS Outstanding on such Valuation Date multiplied by the sum of (a) $25,000 and (b) any applicable redemption premium attributable to the designation of a Premium Call Period; (B) the aggregate amount of cash dividends (whether or not earned or declared) that will have accumulated for each share of AMPS and Other AMPS Outstanding, in each case, to (but not including) the end of the current Dividend Period that follows such Valuation Date in the event the then current Dividend Period will end within 49 calendar days of such Valuation Date or

  • Maintenance Margin means the minimum amount of money required in your Trading Account as specified on the Trading Platform in order to keep a Transaction open on the Trading Platform.

  • Facility Charge means one percent (1%) of the Maximum Term Loan Amount.

  • Administrative Fee is defined in Section 4.1(a).

  • Advance fee means any consideration paid or given, directly or indirectly, to a mortgage lender, first mortgage broker or originator required to be licensed or registered pursuant to sections 36a-485 to 36a-498a, inclusive, as amended by this act, prior to the closing of a first mortgage loan to any person, including, but not limited to, loan fees, points, broker's fees or commissions, transaction fees or similar prepaid finance charges;

  • Bond Service Charges means principal, including mandatory sinking fund requirements for retirement of obligations, and interest, and redemption premium, if any, required to be paid by the authority on obligations.

  • Maintenance Charges means the charges payable by the applicant to the Maintenance Agency in accordance with the demand raised by the Maintenance Agency for the maintenance and up keep of the said building/ said complex, including common areas and facilities but does not include; (a) the charges for actual consumption of utilities in the Dwelling Unit including but not limited to electricity, water, which shall be charged based on actual consumption on monthly basis and (b) any statutory payments, taxes, with regard to the Dwelling Unit/ said building/said complex.

  • Modification Fees With respect to any Serviced Loan, any and all fees collected from the related Mortgagor with respect to a modification, extension, waiver or amendment that modifies, extends, amends or waives any term of the Loan Documents (as evidenced by a signed writing) agreed to by the Master Servicer or the Special Servicer, other than (a) any Assumption Fees, Consent Fees or assumption application fees and (b) any fee in connection with a defeasance of such Serviced Loan.

  • Modification Fee means a fee, if any, collected from a Mortgagor by the Master Servicer in connection with a modification of any Mortgage Loan other than a Specially Serviced Mortgage Loan or collected by the Special Servicer in connection with the modification of a Specially Serviced Mortgage Loan.

  • Yield Maintenance Account The separate trust account maintained and held by the Trustee pursuant to Section 3.16, which account shall bear a designation clearly indicating that the funds deposited therein are held in trust for the benefit of the Trust on behalf of the Class A Certificateholders, and which account provides that the Trustee may make, or cause to be made, withdrawals therefrom in accordance with Section 3.16.

  • Utilization Fee shall have the meaning assigned to such term in Section 2.06(b).

  • Yield Maintenance Period means the period from and including the date of this Note until but not including the Scheduled Initial Maturity Date.

  • Maintenance Costs means parts and materials, sublet and labour costs of a qualified licensed mechanic for the maintenance of the Revenue Service Vehicles, but shall not include costs associated with interior and exterior transit advertising signs and non-mechanical servicing of Revenue Service Vehicles such as fuelling, clearing fareboxes, cleaning and painting wheel rims, vehicle washing and other work performed by a serviceman; and,

  • Debt Service Charges means for any Measurement Period, the sum of (a) Consolidated Interest Charges paid or required to be paid for such Measurement Period, plus (b) principal payments made or required to be made on account of Indebtedness (excluding the Obligations and any Synthetic Lease Obligations but including, without limitation, Capital Lease Obligations) for such Measurement Period, in each case determined on a Consolidated basis in accordance with GAAP.

  • Undrawn Fee a fee payable pursuant to Section 3.2 for each day of the related Collection Period equal to the product of (x) the aggregate Commitments on such day minus the aggregate principal amount of outstanding Advances on such day times (y) the Undrawn Fee Rate times (z) 1/360.