Stamping Fees definition

Stamping Fees means, with respect to BA Advances, including BA Advances made by way of Discount Notes, the fee calculated by (a) multiplying the percentage referred to in the definition of “Margin” by the face amount of the Bankers’ Acceptances being issued and stamped in connection with the BA Advance being made, (b) dividing the product so obtained by 365 or, in a leap year, 366, and (c) multiplying the result so obtained by the number of days in the relevant Designated Period.
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Stamping Fees means, with respect to BA Advances, the fee calculated by (a) multiplying the Applicable Margin for stamping fees by the face amount of the Bankers’ Acceptances being issued and stamped in connection with the BA Advance being made, (b) dividing the product so obtained by 365 or, in a leap year, 366, and (c) multiplying the result so obtained by the number of days in the relevant Interest Period.
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Stamping Fees means, with respect to Bankers' Acceptances issued pursuant to this Agreement, the fees calculated in accordance with Section 8.2;
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Examples of Stamping Fees in a sentence

  • Interest on LIBOR Rate Loans and all fees (except for Stamping Fees) shall be computed on the basis of a 360-day year and assessed for the actual number of days elapsed and interest on Canadian Prime Rate Loans, Base Rate Loans and Stamping Fees shall be computed on the basis of a 365/366-day year and assessed for the actual number of days elapsed.

  • Stamping Fees on Bankers' Acceptances will be calculated on the basis of a year of 365 days.

  • Payment of the Stamping Fees may be made by way of set-off as provided in Section 9.3.

  • The Borrower will pay to the Agent the applicable Stamping Fees with respect to Bankers' Acceptances on the date of acceptance thereof.

  • All provisions of this Agreement with respect to Bankers' Acceptances will apply to BA Equivalent Advances provided that Stamping Fees with respect to a BA Equivalent Advances will be calculated on the basis of the amount with respect to such BA Equivalent Advances which the Borrower is required to pay on the applicable Maturity Date.

  • Interest on (a) Base Rate Loans with respect to which interest is calculated by reference to the Alternate Base Rate and USD Swing Line Loans and (b) Eurocurrency Rate Loans denominated in Pounds Sterling and Syndicated Canadian Loans shall in each case be calculated for actual days elapsed on the basis of a 365-day year or, when appropriate, 366-day year; provided that Stamping Fees shall be calculated for actual days elapsed on the basis of a 365-day year.

  • Any increase or decrease in the Stamping Fees on Bankers' Acceptances outstanding on the effective date of such a change will apply for new Bankers' Acceptances issued after such effective date or on any Rollover of an existing Bankers' Acceptance but otherwise the Stamping Fees on any Bankers' Acceptance existing on such effective date will not change until the maturity date thereof.

  • Interest on Canadian Prime Rate Loans and U.S. Base Rate Loans and Stamping Fees on Bankers' Acceptances will be calculated on the basis of a 365 day year.

  • If the Borrower defaults in the due and punctual payment of any interest, Stamping Fees or Standby Fees owing under the Loan Documents or under the Operating Credit Agreement as and when the same becomes due and payable, and such default continues for a period of three (3) Business Days.

  • The Stamping Fees payable on account of each BA will be paid in advance at the time of issue of each BA.

Related to Stamping Fees

  • Facing Fee shall have the meaning provided in Section 3.01(c).

  • Liquidation Fees shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing Agreement.

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

  • Processing Fees means all routine, generally applicable City-wide fees required by the City for processing applications and permits including, but not limited to, fees for land use applications, building applications, building permits, and certificates of occupancy.

  • Facility Fees has the meaning provided in Section 2.11(a).