Reset Fee definition

Reset Fee. As defined in Section 3.2. --------- -----------

Examples of Reset Fee in a sentence

  • If Lessor fails to notify Tenant of its exercise of the Reset Option, and to pay to Tenant the Reset Fee and any interest due and owing thereon, on or prior to such 30th day, Lessor shall be deemed to have declined to exercise the Reset Option based upon the Reset Proposal Notice and Fair Market Rental and amended Exhibit C determinations relating thereto.

Related to Reset Fee

  • 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.

  • 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.

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

  • Permit Fee means a fee in an amount established by the SFMTA Board, required to be paid by a permit applicant for permit issuance or renewal, including any late payment penalties or interest for failure to pay in accordance with the requirements of this Article and any other regulations adopted by the SFMTA Board.

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

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

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

  • Booking Fee is the fee an Agency charges for scheduling Sign Language Interpreters.

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

  • Contract Fee means the lump sum rates as outlined in Schedule ‘B’ – Quote Form.

  • Utilization Fee has the meaning assigned to such term in Section 2.11(b).

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

  • Payment Rate means the rate (expressed in £/MWh, £/Mvarh or £/MWs2h as appropriate ) for the calculation of payments for DS3 System Services as specified in the Charging Statement;

  • Net Interest Rate means with respect to any Note, the Interest Rate for such Note minus the Servicing Fee Rate applicable to such Note.

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

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

  • Audit fees means the aggregate fees billed in each of the fiscal years listed for professional services rendered by our principal auditors for the audit of our annual financial statements.

  • 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 Base Rate.

  • LC Fee is defined in Section 2.19.4.

  • Late Payment Rate As defined in the Insurance Agreement.

  • Capped Interest Rate is defined in the Note, if applicable.

  • Applicable Interest Rate means (i) with respect to any Fixed Rate Indebtedness, the fixed interest rate applicable to such Fixed Rate Indebtedness at the time in question, and (ii) with respect to any Floating Rate Indebtedness, either (x) the rate at which the interest rate applicable to such Floating Rate Indebtedness is actually capped (or fixed pursuant to an interest rate hedging device), at the time of calculation, if Borrower has entered into an interest rate cap agreement or other interest rate hedging device with respect thereto or (y) if Borrower has not entered into an interest rate cap agreement or other interest rate hedging device with respect to such Floating Rate Indebtedness, the greater of (A) the rate at which the interest rate applicable to such Floating Rate Indebtedness could be fixed for the remaining term of such Floating Rate Indebtedness, at the time of calculation, by Borrower’s entering into any unsecured interest rate hedging device either not requiring an upfront payment or if requiring an upfront payment, such upfront payment shall be amortized over the term of such device and included in the calculation of the interest rate (or, if such rate is incapable of being fixed by entering into an unsecured interest rate hedging device at the time of calculation, a fixed rate equivalent reasonably determined by Administrative Agent) or (B) the floating rate applicable to such Floating Rate Indebtedness at the time in question.

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