Swap Termination Fee definition

Swap Termination Fee means the fee payable by the Issuer to the Swap Counterparty on the Final Payment Date in accordance with the Credit Default Swap.

Swap Termination Fee means the fee payable to the Portfolio Swap Counterparty upon reduction of the Adjusted Principal Balance of the Notes to zero as more fully described in the Portfolio Credit Swap.

Swap Termination Fee means the amount that Lender reasonably determines in good faith to be its total losses and costs in connection with a termination of the hedging arrangements entered into by Lender in connection with the funding of the Loans and cost of funds rate lock in respect of any such hedging arrangements, including any loss of bargain, cost of funding and loss or cost incurred as a result of its terminating, liquidating, obtaining or reestablishing any hedge or related trading position.

Examples of Swap Termination Fee in a sentence

• Anything herein or any other Loan Document to the contrary notwithstanding, any prepayment of any of the principal balance of the Loan as a result of the application of insurance or condemnation proceeds by Agent to such principal pursuant to ‎Section 3.2 hereof shall be at “par” and no Exit Fee or Swap Termination Fee shall be due with respect to any such principal that is prepaid.

• All payments received by Agent or Lender under the Loan Documents shall be applied: first, to any fees, expenses and indemnification payments due to Agent or Lender under the Loan Documents; second, to any Default Rate interest or late charges; third, to other accrued and unpaid interest; fourth, to the principal sum and other amounts due under the Loan Documents, and fifth to the Exit Fee and, if any, the Swap Termination Fee.

• Debt) Plus: Issuance costs: Issuance costs, including underwriter’s discount, paid fromBond proceeds, will be $1,253,442 Bond discount: $2,860,450 Debt service reserve fund: $3,553,325 Insurance premium: $-0-Other (specify): Acquisition costs for Ashgrove Woods: $13,146,340 Reimbursement for Project costs: $-0- Swap Termination Fee (2016 Bonds): $772,859 Other Project Costs (real-estate related costs): $174,910 Less: Equity Contribution: $223,451 GROSS PROCEEDS: $54,360,000 Terms of issue: Fixed rate.

• The Exit Fee and, if applicable, Swap Termination Fee do not constitute a penalty, but rather represent the reasonable estimate, agreed to between Borrowers and Lender, of fair compensation for the loss that may be sustained by Lender due to the payment of the principal Indebtedness prior to the Maturity Date and/or the increased cost and expense to Lender resulting from an acceleration of the Loan.

• Borrowers may voluntarily prepay the Loan in whole but not in part prior to the Maturity Date; provided that, the Borrowers pay to Agent with such prepayment all accrued interest and all other outstanding amounts then due and unpaid under the Loan Documents, including, without limitation, the Exit Fee and, if applicable, the Swap Termination Fee.

• Any Exit Fee or Swap Termination Fee shall be paid without prejudice to the right of Agent to collect on behalf of Lender any of the amounts owing under the Note, this Loan Agreement or the other Loan Documents or otherwise, to enforce any of its rights or remedies arising out of an Event of Default.

More Definitions of Swap Termination Fee

Swap Termination Fee means a U.S. Dollar amount equal to the Initial Portfolio Notional Amount or, if a lesser amount, the amount of funds available to be applied toward such payment in accordance with the Pre- Enforcement Order of Priority or, as the case may be, the Enforcement Order of Priority.

Swap Termination Fee means a euro amount equal to the Tranche Notional Amount or, if a lesser amount, the amount of funds available to be applied toward such payment in accordance with the Order of Priority.

Swap Termination Fee means the fee payable by the Issuer to the Swap Counterparty in respect of the Long Transactions on the date on which the last outstanding Notes are redeemed in full, as described more fully in the schedule to the ISDA Master;

Swap Termination Fee means the fee payable to the Credit Swap Counterparty upon reduction of the Base Currency Notional Amount of the Notes to zero as more fully described in the Credit Default Swap.