Recapture Fee definition

Recapture Fee shall have the meaning specified in Section 11.3.

Recapture Fee means the amount determined in accordance with the formula set forth on Exhibit A hereto, which is payable by the Reinsurer to the Company in connection with recapture of the Policies and Post-Closing Policies by the Company pursuant to Section 9.4 hereof.

Recapture Fee has the meaning ascribed thereto in the Amendment.

Examples of Recapture Fee in a sentence

• However, the Recapture Fee will be adjusted consistent with the then uses at Lots 1, 2, and 3, and the corresponding PE calculations, as determined by City Engineers.

• The Reinsurer shall promptly pay the Company the full amount of the Recapture Fee.

• Hub City shall be entitled to a Recapture Fee consistent with the original Annexation Agreement.

• The Recapture Fee to be paid by the Ceding Company as required under the terms of this Agreement shall equal: An amount equal to [XXX] calculated under Article II for the Accounting Period immediately preceding the Accounting Period during which recapture occurs, for recaptures occurring during the first twenty (20) years of this Agreement and is equal to zero (0) for recaptures occurring thereafter.

• Termination under this Paragraph 3 shall be deemed a recapture by the Ceding Company and the Ceding Company shall pay a Recapture Fee as set forth in Paragraph 6 below.

More Definitions of Recapture Fee

Recapture Fee is that amount the Reinsured agrees to pay the Reinsurer if it elects to recapture Reinsured Policies.

Recapture Fee is as defined in Article XIII, Section 3.

Recapture Fee means the amount set forth in the table below based on the calendar year of the effective date of recapture. Calendar Year Recapture Fee 2018 $ 2,500,000 2019 to 2020 $ 1,500,000 2021 to 2027 $ 0 2028 and after Not applicable

Recapture Fee means, as of the Recapture Effective Date, the Initial Recapture Fee as amortized on a straight-line basis during the ten (10) year period beginning on the Closing Date, such that the Recapture Fee equals zero as of and following the tenth anniversary of the Closing Date.

Recapture Fee has the meaning set forth in Section 9.3(d) of this Agreement.

Recapture Fee shall have the meaning set forth in Exhibit F.

Recapture Fee means a 10% fee deductible from a Preferred Member’s Preferred Capital Account upon a Redemption Upon Death payment, such fee being, in part, for the purpose of recouping non-reimbursable fees paid to third-parties who assisted in the placement of the deceased Preferred Member’s investment in the Offering; provided however, for Preferred Members who purchased Interests net of selling commissions, such as Interests purchased through a Registered Investment Advisor, the recapture fee shall be 3.0% of the Capital Contribution.