Stamping Fee Rate definition

Stamping Fee Rate means with respect to any Bankers' Acceptance accepted by any Canadian Resident Lender at any time, the Applicable Margin then in effect.
Stamping Fee Rate means the rate per annum set forth on Schedule I as the “Stamping Fee Rate” based on the Applicable Rating Level on such date, provided that during a Default Rate Period, the Stamping Fee Rate shall be increased by two percent (2%). Changes in the applicable Stamping Fee Rate will occur automatically without prior notice as changes in the Applicable Rating Level occur and shall be effective with respect to BA’s issued on and after such change. If during the term of a BA the Stamping Fee Rate changes as a result of a change in the Applicable Rating Level, or as a result of a Default Rate Period as provided above, the stamping fee paid with respect to such BA (the “Initial Fee”) shall be recalculated based upon such change for the number of days during the term of such BA that such change is applicable, and if such recalculated amount is in excess of the Initial Fee, the relevant Canadian Borrower shall pay such excess as an additional fee for the acceptance of such BA, and if such recalculated amount is less than the Initial Fee, such difference shall be credited to such Canadian Borrower Administrative Agent will give notice promptly to Canadian Administrative Agent of any change (and its effective date) in the Applicable Rating Level, and Canadian Administrative Agent will in turn give notice promptly to Canadian Borrowers and Canadian Lenders of such change in the Applicable Rating Level and the applicable Stamping Fee Rate.
Stamping Fee Rate means the rate per annum set forth on the Pricing Grid ----------------- as the "Stamping Fee Rate" based on the Applicable Leverage Level on such date, provided that during a Default Rate Period, the Stamping Fee Rate shall be increased by two percent (2%). Changes in the applicable Stamping Fee Rate will occur automatically without prior notice as changes in the Applicable Leverage Level occur and shall be effective with respect to BA's issued on and after such change, but shall not apply with respect to any outstanding BA's. Administrative Agent will give notice promptly to Canadian Administration Agent of any change (and its effective date) in the Applicable Leverage Level, and Canadian Administration Agent will in turn give notice promptly to Canadian Revolver Borrower and Canadian Revolver Lenders of such change in the Applicable Leverage Level and the applicable Stamping Fee Rate.

Examples of Stamping Fee Rate in a sentence

  • In consideration of each Canadian Resident Lender's commitment to accept or participate in Bankers' Acceptances under this Agreement, the applicable Canadian Borrower will pay to Canadian Agent for the account of such Lender the Stamping Fee Rate multiplied by the face amount of each Bankers' Acceptance accepted by such Lender under this Agreement calculated for the number of days in the term of such Bankers' Acceptance.

  • For purposes of determining the Canadian Stamping Fee Rate, the Rating Level will be the Rating Level in effect on the date on which the corresponding Canadian Bankers’ Acceptances are accepted by the Canadian Banks or Canadian BA Equivalent Loans are made, as the case may be.

  • Such fee shall be non-refundable, notwithstanding any reduction in the Stamping Fee Rate during the term of such Bankers’ Acceptances.

  • Subject to Section 8.8, in consideration of each Canadian Bank’s commitment to accept or participate in Canadian Bankers’ Acceptances under this Agreement, the Canadian Borrower will pay to Canadian Administrative Agent for the account of each Canadian Bank the Canadian Stamping Fee Rate multiplied by the face amount of each Canadian Bankers’ Acceptance accepted by such Canadian Bank under this Agreement calculated for the number of days in the term of such Canadian Bankers’ Acceptance.

  • Such fee shall be non-refundable, notwithstanding any reduction in the Stamping Fee Rate during the term of such Bankers' Acceptances.


More Definitions of Stamping Fee Rate

Stamping Fee Rate means, with respect to each accepted or advanced BA Loan by a Lender on any date, the applicable percentage per annum set forth below based on the Status in effect on such date (it being understood and agreed that the Stamping Fee Rate shall be adjusted on the date of any change in Status): Status Stamping Fee Rate Level I Status 3.5% Level II Status 3.0% Level III Status 2.5% Level IV Status 2.0%
Stamping Fee Rate means with respect to any Bankers' Acceptance accepted by any Canadian Resident Lender at any time, the Applicable Margin then in effect; provided that if an Event of Default has occurred and is continuing, the Stamping Fee Rate shall be increased by one hundred (100) Basis Points.
Stamping Fee Rate means the rate per annum for accepting a Canadian Bankers’ Acceptance or purchasing a Canadian BA Equivalent Note equal to the sum of 0.125% plus the Applicable Margin for U.S. Revolving Credit Loans. Subsidiary of a Person means any corporation, association, partnership, limited liability company, joint venture or other business entity of which more than 50% of the voting stock, membership interests or other equity interests is owned or controlled directly or indirectly by such Person, or one or more of the Subsidiaries of such Person, or a combination thereof. Unless the context otherwise clearly requires, references herein to a “Subsidiary” refer to a Subsidiary of the Company.
Stamping Fee Rate means, at any time, the rate set out in the table below under the heading which sets out the Relevant Ratings at such time of the Original Guarantor, any Acceding Guarantors and the relevant Borrower which has drawn the Xxxx(s) in relation to which such stamping fee is being calculated: ================================================================================ Relevant Ratings A- BBB+ BBB BBB- BB+ less than BB+ and and and and and and X0 Xxx0 Xxx0 Xxx0 Xx0 Xx0 -------------------------------------------------------------------------------- Stamping (per 0.25 0.30 0.35 0.40 0.575 1.10 cent. per annum) ================================================================================
Stamping Fee Rate means with respect to any Bankers' Acceptance accepted by any Lender at any time, seventy-five (75) Basis Points per annum.
Stamping Fee Rate means the applicable rate per annum for accepting a Bankers' Acceptance or purchasing a BA Equivalent Note set forth in SCHEDULE 1.1C. SUBORDINATED DEBT means (i) Seller Subordinated Debt, (ii) Debt of Parent existing on the Closing Date and designated as Subordinated Debt on SCHEDULE 8.7, and (iii) any other Debt of Parent or the Company which has no amortization prior to March 31, 2002 and has subordination terms and other terms satisfactory to the Agents and the Required Lenders.
Stamping Fee Rate means with respect to any Bankers'