Protection Fee definition
Protection Fee means 130 basis points per annum applied to the Index Level. The Protection Fee will accrue daily on the basis of a year comprised of 360 days and will be calculated by the Index Agent on the basis of the relevant Index Level.
Protection Fee means 100 basis points per annum applied to the greater of Index Level and the Nominal Amount. The Protection Fee will accrue daily on the basis of a year comprised of 360 days and will be calculated by the Calculation Agent on the basis of the relevant Index Level or the Nominal Amount (as the case may be);
Protection Fee means the annual fee, which is subject to an annual review and adjustment, charged with respect to property protected by the Municipality belonging to DelShen;
Examples of Protection Fee in a sentence
The Parties acknowledge and agree that the Protection Fee or Premium will not be refunded or reimbursed and that the non-payment, when due, of the Protection Fee or Premium shall be considered an Event of Default.
If a Derivative Transaction involves the payment of a Protection Fee or Premium, such Protection Fee or Premium and its respective payment date shall be established in the Confirmation.
More Definitions of Protection Fee
Protection Fee means, in respect of each Cash Account Interest Period, an amount payable to the Issuer equal to 1.50 per cent. per annum on the Principal Amount calculated on an Actual/360 basis, accruing from and including the Issue Date to and including the earlier of (i) the Scheduled Maturity Date and (ii) the Cash-Out Option Exercise Date. Payment of each Protection Fee shall be satisfied by the debiting thereof from the Cash Account Balance on each Cash Account Interest Date.
Protection Fee means the amount paid by a Party to the other, as indicated in the Confirmation, relating to a Derivative Transaction the subject matter of which is the trading in credit derivatives.
Protection Fee means, in respect of each Interest Period, an amount payable to the Issuer equal to 1.20 per cent. per annum on the Principal Amount calculated on an Actual/360 basis, accruing from and including the Issue Date to but excluding the Interest Expiration Date and payable on each Interest Payment Date from and including the Interest Payment Date scheduled to fall in September 2007. Payment of each Protection Fee shall be satisfied by the debiting thereof from the Cash Account Balance on each Interest Payment Date.
Protection Fee means 100 basis points per annum applied to the Nominal Amount accruing daily on the basis of a year comprised of 360 days as calculated by the Strategy Agent. If a Cash-Out Event