Securities Lending Fee definition

Securities Lending Fee means an amount equal to: Nominal × Fee Rate × Day Count Fraction;
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Securities Lending Fee means an amount equal to:
Sample 1

Examples of Securities Lending Fee in a sentence

  • No Securities Lending Fee is actually payable by Borrower to Lender but, for the purpose of determining the Costs of Termination, the Securities Lending Fee is deemed to be payable by Borrower to Lender on the Securities Lending End Date.

  • For the avoidance of doubt any Securities Lending Fee payable to the ACD in respect of any Securities Lending Services that it has provided in respect of a Fund shall be in addition to the Annual Management Charge payable to the ACD in respect of that Fund.

  • Where securities lending activities are carried out by a third party Securities Lending Agent, the ACD shall not be entitled to charge a Securities Lending Fee.

  • For the purpose of determining the costs of termination in accordance with the foregoing paragraph (and for no other purpose) a Class A Securities Lending Fee (which is attributable to the Class A Notes) and a Class B Securities Lending Fee (which is attributable to the Class B Notes) shall be deemed to be payable by Borrower on the Securities Lending End Date.

  • For the purpose of determining the costs of termination in accordance with the foregoing paragraph (and for no other purpose) a Securities Lending Fee shall be deemed to be payable by Borrower on the Securities Lending End Date.

  • Securities Lending Fee The entire fee of securities lending acquired by the private individual shall qualify as taxable income.

  • Secondary (bond) market data in that respect is in practice much more convenient as the typically continuously yield (spreads) are published on individual and aggregate basis for a variety of sectors, main currencies, various tenors and main credit ratings, whereby the bond indentures are stripped from embedded options for incremental comparability.

  • Approval of the Amended Securities Lending Fee Agreement with BNY Mellon.

  • The Securities Lending Fee shall be payable on the Securities Lending End Date unless the Securities Lending Agreement is terminated as described in paragraph 9 (Termination) below, in which case the Securities Lending Fee shall be payable on the relevant date of termination.

  • Staff reviewed the Securities Lending Fee Agreement with BNY Mellon.

Related to Securities Lending Fee

  • Pre-Incentive Fee Net Investment Income means interest income, dividend income and any other income (including any other fees, other than fees for providing managerial assistance, such as commitment, origination, structuring, diligence and consulting fees or other fees that the Corporation receives from portfolio companies) accrued during the calendar quarter, minus the Corporation’s operating expenses for the quarter (including the Base Management Fee, expenses reimbursed to the Adviser under this Agreement and any interest expense and dividends paid on any issued and outstanding preferred stock, but excluding the Incentive Fee). Pre-Incentive Fee Net Investment Income includes, in the case of investments with a deferred interest feature (such as original issue discount debt instruments with payment-in-kind interest and zero coupon securities), accrued income that the Corporation has not yet received in cash. Pre-Incentive Fee Net Investment Income does not include any realized capital gains, realized capital losses or unrealized capital appreciation or depreciation.

  • Registration Fee means a fee other than the fee specified in a contract, which a personnel agency requires or accepts from a client prior to execution of a contract.

  • Applicable L/C Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 3.08(a) hereof as set forth in the Pricing Schedule.

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

  • LC Fee is defined in Section 2.19.4.

  • 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.

  • Applicable L/C Margin means the per annum fee, from time to time in effect, payable with respect to outstanding Letter of Credit Obligations as determined by reference to Section 1.5(a).

  • C/D Reserve Percentage for any day as applied to any ABR Loan, that percentage (expressed as a decimal) which is in effect on such day, as prescribed by the Board, for determining the maximum reserve requirement for a Depositary Institution (as defined in Regulation D of the Board) in respect of new non-personal time deposits in Dollars having a maturity of 30 days or more.

  • Commitment Fee Percentage means, with respect to the Revolving Loan Commitments at any time, the per annum percentage which is used to calculate Commitment Fees for such Revolving Loan Commitments determined pursuant to the Pricing Grid.

  • Administration Fee Rate The sum of (i) the Servicing Fee Rate, (ii) the Master Servicing Fee Rate and (iii) the Credit Risk Management Fee Rate.

  • Initial Stock Loan Rate means, in respect of a Share, the Initial Stock Loan Rate specified in relation to such Share in the applicable Pricing Supplement.

  • Applicable Facility Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.14(C)(i) hereof determined in accordance with the provisions of Section 2.14(D)(ii) hereof.

  • Investment Management Fee means each of the Senior Investment Management Fee, the Subordinated Investment Management Fee and the Incentive Investment Management Fee.

  • Facility Fee Percentage means the applicable percentage per annum ----------------------- determined, at any time, based on the range into which Borrower's Credit Rating (if any) then falls, in accordance with the following tables. Any change in the Facility Fee Percentage shall be effective immediately as of the date on which any of the rating agencies announces a change in the Borrower's Credit Rating or the date on which the Borrower has no Credit Rating, whichever is applicable. The Facility Fee Percentage during the time, from time to time, that the Borrower maintains an Investment Grade Credit Rating by either Xxxxx'x or S&P shall be as follows: Range of Borrower's Credit Rating Percentage of S&P/Moody's Ratings Maximum Credit Amount ------------------- --------------------- below BBB-/Baa3 0.00% BBB-/Baa3 0.20% BBB/Baa2 0.20% BBB+/Baa1 0.15% A-/A3 0.15% If at any time the Borrower has a Credit Rating by both Moody's and S&P which Credit Ratings are split, then: (A) if the difference between such Credit Ratings is one ratings category (e.g. Baa2 by Moody's and BBB- by S&P), the Facility Fee Percentage shall be the rate per annum that would be applicable if the highest of the Credit Ratings were used; and (B) if the difference between such Credit Ratings is two ratings category (e.g. Baa1 by Moody's and BBB- by S&P), the Facility Fee Percentage shall be the rate per annum that would be appli- cable if the median of the applicable Credit Ratings is used.

  • Euro-Dollar Reserve Percentage has the meaning set forth in Section 2.06(c).

  • Applicable Liquidity Rate has the meaning specified in Section 3.07(g).

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

  • Structuring Fee has the meaning set forth in the Fee Letter.

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

  • Tipping Fee means a fee or support price determined by the local authorities or any state agency authorised by the State government to be paid to the concessionaire or operator of waste processing facility or for disposal of residual solid waste at the landfill ;

  • Revolving Interest Rate means an interest rate per annum equal to (a) the sum of the Alternate Base Rate plus the Applicable Margin with respect to Domestic Rate Loans and (b) the sum of the Eurodollar Rate plus the Applicable Margin with respect to Eurodollar Rate Loans.

  • Liquidity Capitalization means the number, as of immediately prior to the Liquidity Event, of shares of the Company’s capital stock (on an as-converted basis) outstanding, assuming exercise or conversion of all outstanding vested and unvested options, warrants and other convertible securities, but excluding: (i) shares of Common Stock reserved and available for future grant under any equity incentive or similar plan; (ii) any SAFEs; and (iii) convertible promissory notes.

  • Automatic Investment Plan means a program in which regular periodic purchases (or withdrawals) are made automatically in (or from) investment accounts in accordance with a predetermined schedule and allocation. An Automatic Investment Plan includes a dividend reinvestment plan.

  • Applicable Commitment Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.14(C)(i) hereof determined in accordance with the provisions of Section 2.14(D)(ii) hereof.

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