Takeout Transaction Fee definition

Takeout Transaction Fee means, with respect to the mandatory prepayment of Advances pursuant to Section 2.8(B) in connection with a Takeout Transaction, an amount equal to three percent (3.00%) of the aggregate principal amount of the Advances being prepaid; provided that to the extent BPPR (or one of its Affiliates) acts as a co-manager in connection with any financing arrangement or securitization relating to such Takeout Transaction (or was offered a reasonable opportunity to participate as a co-manager in such financing arrangement or securitization on terms no less favorable than terms offered to other co-managers and declined to so participate), no Takeout Transaction Fee shall be due or payable by the Borrower with respect to such prepayment pursuant to Section 2.8(B).
Takeout Transaction Fee means, with respect to the mandatory prepayment of Advances pursuant to Section 2.8(B) in connection with a Takeout Transaction, an amount equal to one percent (1.00%) of the aggregate principal amount of the Advances being prepaid.
Takeout Transaction Fee means, with respect to the mandatory prepayment of Advances pursuant to Section 2.8(B) in connection with a Takeout Transaction, an amount equal to threeone percent (3.001.00 %) of the aggregate principal amount of the Advances being prepaid; provided that to the extent BPPR (or one of its Affiliates) acts as a co-manager in connection with any financing arrangement or securitization relating to such Takeout Transaction (or was offered a reasonable opportunity to participate as a co-manager in such financing arrangement or securitization on terms no less favorable than terms offered to other co-managers and declined to so participate), no Takeout Transaction Fee shall be due or payable by the Borrower with respect to such prepayment pursuant to Section 2.8(B).

Examples of Takeout Transaction Fee in a sentence

  • Transaction Fee), to each Funding Agent on behalf of its related Lender Group, to the prepayment of Advances in accordance with Sections 2.8 and 2.12 (allocated ratably among the Lender Groups based on their Lender Group Percentages), together with the related Takeout Transaction Fee, if any; [***] = Certain information has been excluded from this exhibit because it is both not material and would likely cause harm to the company if publicly disclosed.

Related to Takeout Transaction Fee

  • Transaction Fee means the fee, in respect of a Sub-Fund, which may be charged for the benefit of the Trustee, the Registrar and/or the Service Agent or the Conversion Agent (as the case may be) to each Participating Dealer on each Dealing Day upon which an Application has been or Applications have been made by the relevant Participating Dealer.

  • Relevant Transaction has the meaning specified in Section 2.05(b)(ii).