Examples of Second Fee in a sentence
Upon the execution of a Term Sheet as described in Section 609.8 of the Final Regulations, the applicant must pay to DOE twenty percent (20%) of the non-refundable facility fee (or Second Fee) as set forth in Attachment C for its application to be considered further.
Upon the earlier of (i) the issuance of the Term Sheet to an applicant pursuant to such CRB approval or (ii) the commencement of negotiations with an applicant on a draft Term Sheet, the applicant must pay to DOE the non-refundable facility fee (or Second Fee) as set forth in Attachment C for its application to be considered further.
If a Second Fee is payable by the General Partner, it shall be paid within ten (10) business days of the Second Fee Date.
By way of example, if a limited partner contributes $10,000 in month one, then contributes an additional $10,000 in month six, and then liquidates $5,000 of units, $2,500 of said liquidation proceeds shall be applied against each of the two $10,000 Subscription Amounts for purposes of determining the Loss Adjustment and whether the Second Fee Condition and the Third Fee Condition have been satisfied for purposes of each such subscription.
The term Second Fee Date means the date which is the two (2) year anniversary of the date upon which the Subscription Amount was effective (as determined by the Limited Partnership Agreement of the Partnership) as a capital contribution to the Partnership.
ALEXION shall pay OMRF by wire transfer accrued interest on any unpaid portion of the Settlement Fee simultaneous with payment of each portion of the Second Fee and the Third Fee.
In this circumstance, however, if the limited partner subsequently liquidates units in the Partnership, the amount of the liquidation proceeds shall be applied pro rata against the Subscription Amounts in question for purposes of determining the Loss Adjustment and whether the Second Fee Condition and the Third Fee Condition have been satisfied for each such subscription.
In the event a limited partner contributes Subscription Amounts in different months, the Fee, Second Fee and Third Fee shall be calculated and payable separately based on each such respective Subscription Amount.
Loan Guarantee AmountTotal Fee Amount*$0- $150,000,0001% of the guaranteed amountAbove $150,000,000- $500,000,000$375,000 + 0.75% of the guaranteed amountAbove $500,000,000$1,625,000 + 0.50% of the guaranteed amount *Twenty percent (20%) of the Facility or Second Fee is due upon the execution of a Term Sheet approved by the CRB by the applicant, and the remaining eighty percent (80%) is due upon the closing of the Loan Guarantee Agreement.
A copy of the Second Fee Letter in a form agreed with the Bank duly executed by the Borrower.