Senior Fee Cap means, in respect of each Payment Date, the aggregate of €70,000 and an amount in Euro equal to 0.01875 per cent. of the CDO Principal Balance on the applicable Determination Date.
Senior Fee Cap means, on any Payment Date, Senior Fees and Expenses in an amount not exceeding€90,000 per semi-annual period ending on a Payment Date (payable in semi-annual instalments) of the Aggregate Collateral Balance on the Determination Date immediately preceding such Payment Date.
Senior Fee Cap means €337,500 per annum.
Examples of Senior Fee Cap in a sentence
The Trust Deed provides that the net proceeds of realisation of, or enforcement with respect to, the security over the Collateral constituted by the Trust Deed and the Euroclear Pledge Agreement shall be applied in accordance with the Priorities of Payment (in the case of any amounts payable pursuant to paragraph (B) of Condition 3(c)(i), without giving effect to the Senior Fee Cap).
More Definitions of Senior Fee Cap
Senior Fee Cap means €130,000 at each Payment Date.
Senior Fee Cap means an amount equal to 0.50 per cent. per annum of the Average Aggregate Collateral Balance in respect of the Due Period preceding such Payment Date, calculated quarterly on the basis of a 360-calendar day year comprised of twelve 30-calendar day months (as calculated by the Calculation Agent).
Senior Fee Cap means, on any Payment Date, Senior Fees and Expenses in an amount not exceeding€112,500 per semi-annual period ending on the Determination Date immediately preceding such Payment Date.
Senior Fee Cap. ’ means, in respect of each Payment Date, the aggregate of A75,000 and an
Senior Fee Cap means, in respect of each Payment Date, an amount in Euro equal to 0.10% of the Euro Equivalent of the aggregate of the Principal Balances of all the Collateral Debt Obligations and the Balances standing to the credit of the Principal Accounts, the Additional Collateral Accounts and the principal amounts standing to the credit of the Currency Swap Accounts, in each case, on the applicable Determination Date.
Senior Fee Cap means, in respect of the Priorities of Payment, the sum of (i) €250,000 and (ii) an amount equal to 4.75 basis points per annum of the Aggregate Principal Balance of all Collateral Debt Obligations as of the first day of the related Due Period (calculated semi-annually on the basis of a 360-day year and the actual number of days elapsed in the applicable Due Period), less any amount thatis debited during each Due Period prior to its respective Determination Date from the Expense Reimbursement Account pursuant to Condition 3(viii) (Expense Reimbursement Account).
Senior Fee Cap means €700,000 per annum.