Put Fee definition

Put Fee means, with respect to each Put Fee Payment Date and the related Accrual Period, a fee payable to the Department in consideration for its commitment to purchase Putable Loans under this Agreement equal to the sum of the Fixed Put Fee plus the Variable Put Fee.
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Put Fee. With respect to any Distribution Date on or prior to the Put Termination Date, the Put Amount.
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Examples of Put Fee in a sentence

  • For the avoidance of doubt, the failure of the Conduit to pay the Put Fee on any Put Fee Payment Date shall not excuse or relieve the Department from its obligation to purchase Putable Loans pursuant to the Put Option.

  • In consideration of the grant of the Put Option, the Department shall be entitled to receive the Put Fee on each Put Fee Payment Date, and the Conduit hereby agrees to pay the Put Fee on each Put Fee Payment Date from funds available for such payment in accordance with the Transaction Documents.

  • The rent, utilities/services and meals/food are fixed costs; the rate of personal guidance to be paid depends on the needs and age of the young person and the Staying Put Fee.

  • In addition, “Staying Put” carers who were in receipt of an Accreditation & Skills Fee will receive a Staying Put Fee of £115.00 per week.

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  • In consideration of the Backstop Parties' execution of this Commitment Letter and agreement to be bound hereunder, the Company agrees to pay a $10.0 million cash fee (the "Equity Put Fee") (with each Backstop Party's rights to such fee to be paid pro rata in accordance with such Backstop Party's individual Equity Put Commitment, as set forth on its signature page).

  • The Equity Put Fee shall have administrative expense claim status in the U.S. Debtors' chapter 11 proceedings, and will be secured under a charge in the CCAA Debtors' CCAA proceedings; provided, however, such charge will rank junior in priority to payment of the Second Lien Credit Agreement Obligations and to all existing court-ordered charges created by the Canadian Court under the CCAA.

  • A foster care placement can be extended from the young person’s 18th birthday as a “Staying Put” Universal arrangement for up to one year for all young people; during this period the “Staying Put” carers Fostering Maintenance Allowance will continue, minus £59.20* (pocket money, clothing allowance and a personal element) and they will receive a Staying Put Fee of £115.00 per week (if receiving a fee) – 2021-22.

  • Notwithstanding anything set forth herein, to the extent the Required Backstop Parties terminate the Equity Put Commitment for any reason other than as set forth above, the Equity Put Fee shall not be due or payable, but the Backstop Party Professionals’ reasonable and documented fees, costs and expenses shall be reimbursed or paid as set forth in paragraph 4(iii) above.

  • If Borrowers pay less than all of the interest then due and owing by it for any period, then the Canadian Lender’s obligations to pay the Put Fee shall be reduced by the amount of the interest shortfall.

Related to Put Fee

  • L/C Fee has the meaning specified in Section 2.03(i).

  • Prepayment Fee is, with respect to any Term Loan subject to prepayment prior to the Maturity Date, whether by mandatory or voluntary prepayment, acceleration or otherwise, an additional fee payable to the Lenders in amount equal to:

  • Exit Fee shall have the meaning specified in the Fee Letter.

  • Default Fee means with respect to any amount due and payable by Seller in respect of any Aggregate Unpaids, an amount equal to the greater of (i) $1000 and (ii) interest on any such unpaid Aggregate Unpaids at a rate per annum equal to 2% above the Prime Rate.

  • Closing Fee has the meaning set forth in Section 2.09(c).

  • Placement Fee has the meaning given thereto in Section 2(a) hereof;

  • Tuition Fee means the basic tuition fee applicable to specific programmes and shall include auxiliary fees which are for required instruction but shall exclude any other fees such as international student differential fees, co-op fees, and student union fees.

  • Late Payment Fee means the excess of the Price Differential paid as a result of its calculation at the Post-Default Rate over the Price Differential as would have been calculated at the Pricing Rate.

  • Termination Fee has the meaning set forth in Section 7.02(a).

  • Break Fee means an amount to compensate a Proponent for some of the costs the Proponent had incurred in developing and submitting a Proposal in the event that the RFP Process is cancelled, as determined by the Sponsors in accordance with RFP Section 10.3.3;

  • Upfront Fee has the meaning specified in Section 2.07 hereof.

  • Transaction Fee means the fee, in respect of a Sub-Fund, which may be charged for the benefit of the Trustee, the Registrar and/or the Service Agent or the Conversion Agent (as the case may be) to each Participating Dealer on each Dealing Day upon which an Application has been or Applications have been made by the relevant Participating Dealer.

  • Target fee, as used in this contract, means the fee initially negotiated on the assumption that this contract would be performed for a cost equal to the estimated cost initially negotiated, adjusted in accordance with paragraph (d) of this clause.

  • Funding Fee has the meaning set forth in Section 2.04(b).

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

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

  • Option Fee means an amount equal to 7% of the Specified Amount;

  • Rental Fee A fee charged by the Contractor for the rental of a compactor or roll-off container.

  • Work-out Fee means a fee payable with respect to any Rehabilitated Mortgage Loan (other than any Non-Serviced Mortgage Loan), Serviced Companion Mortgage Loan or B Note, equal to the product of (x) 1.0% and (y) the amount of each collection of interest (other than default interest and any Excess Interest) and principal received (including any Condemnation Proceeds received and applied as a collection of such interest and principal) on such Mortgage Loan, Serviced Companion Mortgage Loan or B Note for so long as it remains a Rehabilitated Mortgage Loan.

  • Management Fee shall have the meaning set forth in Section 10(a).

  • Acquisition Fee means any and all fees and commissions, exclusive of Acquisition Expenses, paid by any Person to any other Person (including any fees or commissions paid by or to any Affiliate of the Company or the Advisor) in connection with making or investing in Mortgages or the purchase, development or construction of a Property, including real estate commissions, selection fees, Development Fees, Construction Fees, nonrecurring management fees, loan fees, points or any other fees of a similar nature. Excluded shall be Development Fees and Construction Fees paid to any Person not affiliated with the Sponsor in connection with the actual development and construction of a project.

  • Monthly Fee means the total consideration, including but not limited to, equipment or locker rental,

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

  • Expense Fee As to each Mortgage Loan and any Distribution Date, the product of the Expense Fee Rate and its Stated Principal Balance as of that Distribution Date.

  • Workout Fee With respect to each Corrected Mortgage Loan, the fee designated as such and payable to the Special Servicer pursuant to the second paragraph of Section 3.11(c).

  • Contract Fee means the price, fee, rent, or royalty payable in a contract under this chapter or