Rating Fee definition

Rating Fee is defined in Section 9.10.
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Rating Fee shall have the meaning given in paragraph 5L.
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Examples of Rating Fee in a sentence

  • In the event such a Debt Rating evidencing an Investment Grade Rating is delivered, the Rating Fee shall cease to accrue on the last day of the fiscal quarter during which such Debt Rating is delivered.

  • The Rating Fee with respect to each Note for each fiscal quarter for which such fee accrues shall be calculated on the same basis as interest on such Note is calculated and shall be paid in arrears within three Business Days after the last day of each fiscal quarter during which the Company had a Below Investment Grade Rating and all accrued and unpaid Rating Fees on any principal amount of a Note being paid or prepaid shall be paid concurrently with such principal.

  • Such Rating Fee shall begin to accrue on the first day of the fiscal quarter during which the Company receives a Below Investment Grade Rating and shall, subject to the immediately succeeding sentence, continue to accrue until the Company delivers a Debt Rating as required pursuant to Section 9.10(b) reflecting an Investment Grade Rating (for the avoidance of doubt regardless of whether such Investment Grade Rating is received after December 31, 2024).

  • For purposes of clarity, at any time that both the Rating Fee and Leverage Fee are payable, the aggregate fees payable under this Section 9.12 shall equal 2.00% (200 bps) per annum (0.50% (50 bps) per quarter) as of such last day.

  • Such Rating Fee shall begin to accrue on the first day of the fiscal quarter during which the Company receives a Below Investment Grade Rating and shall, subject to the immediately succeeding sentence, continue to accrue until the Company delivers a Debt Rating as required pursuant to Section 9.9(b) reflecting an Investment Grade Rating (for the avoidance of doubt regardless of whether such Investment Grade Rating is received after December 31, 2024).

  • In accordance with Clause 1 of the Agreement and Clause 7 of the Terms the Issuer is obliged to pay Moody's fees in the amount set out in the appendix to the Issuer's Application designated as Issuer Rating Fee Schedule for Subsovereigns (the "Fee Schedule").

  • The rate per annum on which the Rating Fee is based shall be adjusted effective on the next Business Day following any change in the Company’s Debt Rating.

  • The Rating Fee shall be payable for the period beginning on the first date during the Rating Fee Trigger Period that the Rating Fee Trigger Condition exists, and ending on the date the Debt Rating is restored to Category I (which, for certainty, may be a date after the Rating Fee Trigger Period).

  • For purposes of clarity, at any time that both the Rating Fee and Leverage Fee are payable, the aggregate fees payable under this Section 9.12 shall equal 2.00% (200 bps) per annum (0.50% (50 bps) per quarter).

  • For purposes of clarity, at any time that both the Rating Fee and Leverage Fee are payable, the aggregate fees payable under this Section 9.12 shall equal 1.50% (150 bps) per annum (0.375% (37.50 bps) per quarter).

Related to Rating Fee

  • Remarketing Fee has the meaning specified in Section 5.4(b)(i).

  • Fronting Fee shall have the meaning provided in Section 4.1(c).

  • Agency Fee means the fee payable by the Partner to Bolt per every event of sale of the Partner’s Goods through the Bolt Food Platform for the provision of agency services to the Partner. Agreed Percentage is the percentage agreed in the Special Terms that serves as the basis for the calculation of the Agency Fee.

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

  • Monitoring Fee means the fees payable to the Lender pursuant to Section 2.03(b) below.