Rate Lock Delayed Delivery Fee definition

Rate Lock Delayed Delivery Fee is defined in the Commitment Letter.
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Rate Lock Delayed Delivery Fee means the amount calculated as follows: (BEY - MMY) x DTS/360 x Full Price;
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Rate Lock Delayed Delivery Fee shall have the meaning and shall be calculated as set forth in the commitment letter of Prudential to the Company dated November 17, 2008.
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Examples of Rate Lock Delayed Delivery Fee in a sentence

  • If the Series A Closing Day is on or after January 12, 2009, the Company will pay to or as directed by Prudential in immediately available funds the Rate Lock Delayed Delivery Fee.

  • The Company shall have paid to Prudential and each Purchaser any fees due pursuant to or in connection with this Agreement, including the Structuring Fee due pursuant to Section 2(c)(i), any Rate Lock Delayed Delivery Fee due pursuant to Section 2(c)(ii), any Issuance Fee due pursuant to Section 2(c)(iii) and any Delayed Delivery Fee due pursuant to Section 2(c)(iv).


More Definitions of Rate Lock Delayed Delivery Fee

Rate Lock Delayed Delivery Fee means an amount, in respect of any rescheduled Series A Closing Day, equal to the product of (A) the amount by which the bond equivalent yield per annum of the Series A Notes exceeds the yield of an alternative investment selected by MetLife on the date MetLife receives notice of such delay of the Series A Closing Day having a maturity date or dates the same as, or closest to, such rescheduled Series A Closing Day, (B) the principal amount of the Series A Notes, and (C) a fraction the numerator of which is equal to the number of actual days elapsed from and including April 9, 2009 to but excluding the date of such payment, and the denominator of which is 360. In no case shall the Rate Lock Delayed Delivery Fee be less than zero.
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Rate Lock Delayed Delivery Fee means the amount calculated as follows:
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Related to Rate Lock Delayed Delivery Fee

  • Delayed Delivery Fee shall have the meaning specified in paragraph 2H(2).

  • Scheduled Delivery Date means the Date on which the Seller is required to start delivering the power at the Delivery Point as per the terms and conditions of the PPA;

  • Draw Down Pricing Period means a period of twenty-two (22) consecutive Trading Days beginning on the date specified in the Draw Down Notice (as defined in Section 5.1(f) herein); provided, however, the Draw Down Pricing Period shall not begin before the day on which receipt of such notice is confirmed by the Purchaser.

  • Applicable Facility Fee means the percentage set forth in the table below corresponding to the Level at which the “Applicable Margin” is determined in accordance with the definition thereof: Level Facility Fee 2 0.125% 3 0.150% 4 0.200% 5 0.250%

  • Incremental Revolving Increase has the meaning set forth in Section 2.16(a).

  • Maximum Swingline Amount means $5,000,000.

  • Applicable Commitment Fee Rate shall mean the percentage rate per annum based on the Leverage Ratio then in effect according to the pricing grid on Schedule 1.1(A) below the heading “Commitment Fee.”

  • Project Preparation Advance is modified to read “Preparation Advance” and its definition is modified to read as follows:

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

  • Incremental Term Loan Amount means, at any time, the excess, if any, of (a) $25,000,000 over (b) the sum of (i) the aggregate increase in the Revolving Credit Commitments established at or prior to such time pursuant to Section 2.24 and (ii) the aggregate amount of all Incremental Term Loan Commitments established prior to such time pursuant to Section 2.25.

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

  • Subsequent Interest Period has the meaning specified in Section 307.

  • Available Increase Amount means, as of any date of determination, an amount equal to the result of (a) $25,000,000 minus (b) the aggregate principal amount of Increases to the Revolver Commitments previously made pursuant to Section 2.14 of the Agreement.

  • Minimum Disbursement Amount means Twenty-Five Thousand and No/100 Dollars ($25,000).

  • Maximum Incremental Facilities Amount means, at any date of determination, (a) the sum of (i) $500,000,000, plus (ii) an amount such that the Borrower is in Pro Forma Compliance with the Senior Secured Leverage Test (for the avoidance of doubt without netting any cash from the proceeds of any Indebtedness being incurred in reliance on such test and, if applicable, assuming the full amount of any New Revolving Credit Commitments are drawn), plus (iii) amounts used to incur Indebtedness the Net Cash Proceeds of which are substantially concurrently used to refinance or replace Revolving Credit Commitments and/or Term Loans (including any fees, accrued interest or other amounts owing in respect thereof), plus (iv) from and after the 2012 Extension Effective Date, the aggregate principal amount of 2014 Term Loans outstanding as of such date of determination, provided that such additional amounts pursuant to this clause (iv) are only available to the extent such amounts are used to incur Indebtedness the Net Cash Proceeds of which are substantially concurrently used to prepay 2014 Term Loans in accordance with Section 5.1 of this Agreement (such prepaid 2014 Term Loans, “Incremental Facility Prepaid 2014 Term Loans”) plus (v) the Dollar Equivalent principal amount of Term Loans (other than New Term Loans, Incremental Facility Prepaid 2014 Term Loans or Term Loans refinanced or replaced pursuant to clause (iii) above) voluntarily prepaid pursuant to Section 5.1 prior to such date, plus (vi) the amount of all Revolving Credit Commitments that have either been permanently reduced pursuant to Section 4.2 or have otherwise terminated in accordance with the terms of this Agreement after the 2012 Extension Effective Date (without duplication of the amounts incurred pursuant to clause (iii) above) minus (b) the sum of (i) the aggregate principal amount of New Loan Commitments incurred pursuant to Section 2.14(a) prior to such date and (ii) the aggregate principal amount of Permitted Other Indebtedness issued or incurred pursuant to Section 10.1(bb)(i)(a) prior to such date.

  • Fixed Interest Period means the period from (and including) an Interest Payment Date (or the Interest Commencement Date) to (but excluding) the next (or first) Interest Payment Date; and

  • Available Incremental Amount has the meaning specified in Section 2.14(4)(c).

  • Applicable Utilization Fee means, as of any date that the aggregate Advances exceed 33% of the aggregate Commitments, a percentage per annum determined by reference to the Public Debt Rating in effect on such date as set forth below: -------------------------------- ----------------------------- Public Debt Rating Applicable S&P/Moody's Utilization Fee -------------------------------- ----------------------------- Level 1 BBB+ or Baa1 or above 0.125% -------------------------------- ----------------------------- Level 2 BBB or Baa2 0.250% -------------------------------- ----------------------------- Level 3 BBB- and Baa3 0.000% -------------------------------- ----------------------------- Level 4 BBB- or Baa3 0.000% -------------------------------- ----------------------------- Level 5 BB+ and Ba1 0.000% -------------------------------- ----------------------------- Level 6 Lower than Level 5 0.000% -------------------------------- -----------------------------

  • Incremental Term Loan Installment Date shall have, with respect to any Class of Incremental Term Loans established pursuant to an Incremental Assumption Agreement, the meaning assigned to such term in Section 2.10(a)(ii).

  • Incremental Term Loan Maturity Date means the final maturity date of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • Applicable Facility Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.14(C)(i) hereof determined in accordance with the provisions of Section 2.14(D)(ii) hereof.

  • Incremental Term Loan Repayment Dates means the dates scheduled for the repayment of principal of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • Replacement Revolving Facility Effective Date shall have the meaning assigned to such term in Section 2.21(l).

  • Fixed Incremental Amount shall have the meaning assigned to such term in the definition of “Maximum Incremental Facilities Amount”.

  • Maximum line current means the root-mean-square current in the supply line of an x-ray machine operating at its maximum rating.