Risk Participation Fee definition

Risk Participation Fee means the fee payable to the Lenders pursuant to Section 3.4(c).
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Risk Participation Fee has the meaning set forth in SUBSECTION 3.08(a).
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Risk Participation Fee means the fee payable to the Banks pursuant to Section 3.4(c).
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Examples of Risk Participation Fee in a sentence

  • Upon receipt of any Risk Participation Fee, the Letter of Credit Issuer shall pay such Risk Participation Fees to the Agent for the account of the Lenders.

  • Such Risk Participation Fee shall be due and payable quarterly in arrears on the last Business Day of each calendar quarter during which Letters of Credit are outstanding, commencing on the first such quarterly date to occur after the Execution Date, through the Termination Date (or such later date upon which the outstanding Letters of Credit shall expire), with the final payment to be made on the Termination Date (or such later expiration date).

  • For the avoidance of doubt, the sum of the Backstop Fees and the DB Risk Participation Fee shall under no circumstances exceed US$ 35,000,000.

  • The Borrowers shall pay the Risk Participation Fee to the Letter of Credit Issuer quarterly in arrears on each Quarterly Payment Date, commencing September 30, 2017, for the calendar quarter year, or portion thereof, then ending and on the earlier date on which the Commitments expire or are terminated.

  • Following the occurrence of an Event of Default which has not been waived in writing by all of the Banks, (i) the principal thereof and the unpaid interest and fees thereon shall, upon the request of the Required Banks, bear interest, payable on demand, for Alternate Base Rate Loans and LIBOR Rate Loans, at a rate per annum which shall be equal at all times to two percent (2.0%) in excess of the Alternate Base Rate and (ii) the Applicable Risk Participation Fee shall be two percent (2%) per annum.

  • The Borrowers shall pay the Risk Participation Fee to the Letter of Credit Issuer quarterly in arrears on each Quarterly Payment Date, commencing June 30, 2021, for the calendar quarter year, or portion thereof, then ending and on the earlier date on which the Commitments expire or are terminated.

  • The Borrowers shall pay to the Letter of Credit Issuer, and the Letter of Credit Issuer shall share with the Lenders, on a pro rata basis based on their respective Ratable Portions, a risk participation fee (the "Risk Participation Fee") in an amount equal to the per annum rate equal to the Applicable LIBOR Percentage in effect pursuant to Section 3.5(b), times the Stated Amount of each Letter of Credit from time to time outstanding.

  • The Borrowers shall pay the Risk Participation Fee to the Letter of Credit Issuer quarterly in arrears on each Quarterly Payment Date, commencing December 31, 2009 (on which date shall also be paid any “Risk Participation Fee” accrued and unpaid under the Existing Credit Agreement), for the calendar quarter year, or portion thereof, then ending and on the earlier date on which the Commitments expire or are terminated.

  • UNUSED FEE PRICING TABLE ------------------------ Total Indebtedness to Pro Forma EBITDA is: Percent equal to or greater than 3.00 to 1.00 0.50% less than 3.00 to 1.00 0.375% (C) Risk Participation Fee.

  • The US Risk Participation Fee in respect of any US Risk Participation in a US Revolving Credit Loan shall be payable to the Administrative Agent when interest on such US Revolving Credit Loan is received by the US Funding Bank.


More Definitions of Risk Participation Fee

Risk Participation Fee means the fee payable to the Lenders pursuant to Section 3.4(c). ​
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Risk Participation Fee means the fee payable pursuant to subsection 3.08(a) hereof, calculated in accordance with Section 2.02 of this Agreement.
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Risk Participation Fee means the fee payable pursuant to Section 3.7 of this Agreement.
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Related to Risk Participation Fee

  • Participation Fee means the amount payable by the Participant to the Council for the right to participate in the Hong Kong Pavilion at the Exhibition, as specified in Section I of the Application Form.

  • L/C Participation Fee shall have the meaning assigned to such term in Section 2.05(c).

  • LC Participation Fee shall have the meaning assigned to such term in Section 2.05(c).

  • Swingline Participation Amount as defined in Section 2.7(c).

  • Swing Line Participation Amount as defined in Section 2.7.

  • L/C Participation shall have the meaning provided in Section 3.3(a).

  • Direct Loan Participation means a Loan in respect of which, pursuant to a participation agreement, the Issuer is capable of creating, or procuring the creation of, a contractual right in favour of a notional protection seller that provides such notional seller with recourse to the participation seller for a specified share in any payments due under the relevant Loan which are received by such participation seller, any such agreement to be entered into between (i) such notional seller and (ii) either (A) the Issuer (to the extent the Issuer was then a lender or a member of the relevant lending syndicate), or (B) a Qualifying Participation Seller (if any) (to the extent such Qualifying Participation Seller is then a lender or a member of the relevant lending syndicate);

  • Participation Advance shall have the meaning set forth in Section 2.12(d).

  • Participation Amount as defined in Section 3.4(b).

  • Unreimbursed Amount has the meaning specified in Section 2.03(c)(i).

  • Drawing Fee means, with respect to each Draft drawn by TCCI and purchased by any Person on any Drawing Date and subject to the provisions of Section 2.15, an amount equal to the product of (i) the Applicable Rate times the aggregate Face Amount of the Draft, multiplied by (ii) a fraction the numerator of which is the number of days in the term to maturity of such Draft and the denominator of which is 365 or 366, as applicable.

  • Participation Facility means any facility or property in which the Party in question or any of its Subsidiaries participates in the management and, where required by the context, said term means the owner or operator of such facility or property, but only with respect to such facility or property.

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

  • Risk Participation Liability means, as to each Letter of Credit, all reimbursement obligations of Borrowers to the Issuing Lender with respect to an L/C Undertaking, consisting of (a) the amount available to be drawn or which may become available to be drawn, (b) all amounts that have been paid by the Issuing Lender to the Underlying Issuer to the extent not reimbursed by Borrowers, whether by the making of an Advance or otherwise, and (c) all accrued and unpaid interest, fees, and expenses payable with respect thereto.

  • Participation Commitment means each Lender’s obligation to buy a participation of the Letters of Credit issued hereunder.

  • Participation Interest means the purchase by a Lender of a participation interest in Letters of Credit as provided in Section 2.2 and in Swingline Loans as provided in Section 2.3.

  • Lender Participation Notice has the meaning specified in Section 2.05(d)(iii).

  • Active participation means an ongoing process of good faith negotiation between the state licensing agency and the Indiana elected committee of licensed managers to achieve joint planning of:

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

  • Participation Maximum shall have the meaning ascribed to such term in Section 4.12(a).

  • Participating Lender has the meaning set forth in Section 2.05(a)(v)(C)(2).

  • Unfunded Advances/Participations means (a) with respect to the Administrative Agent, the aggregate amount, if any (i) made available to the Borrower on the assumption that each Lender has made its portion of the applicable Borrowing available to the Administrative Agent as contemplated by Section 2.02(d) of the Credit Agreement and (ii) with respect to which a corresponding amount shall not in fact have been returned to the Administrative Agent by the Borrower or made available to the Administrative Agent by any such Lender, (b) with respect to the Swingline Lender, the aggregate amount, if any, of participations in respect of any outstanding Swingline Loan that shall not have been funded by the Revolving Facility Lenders in accordance with Section 2.22(e) of the Credit Agreement and (c) with respect to any Issuing Bank, the aggregate amount, if any, of participations in respect of any outstanding L/C Disbursement that shall not have been funded by the Revolving Facility Lenders in accordance with Sections 2.23(d) and 2.02(f) of the Credit Agreement.

  • Participation Quota means in relation to a Section, the decimal fraction allocated thereto in the Sectional Plan and which is calculated in terms of Section 32(1) of the Act.

  • Participation Rate means the rate of interest payable on the Loan to Participant by Administrative Agent-Servicer.

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

  • Participation Date means the date the individual becomes a qualified participant in Tier 2 as determined under section 701a(1)(b).