Used Fee definition

Used Fee has the meaning set forth in the Fee Letter.

Used Fee means the fee payable by the Borrower and identified as the “Used Fee” in the Fee Letter.

Used Fee has the meaning set forth in Section 2.06(a) of the Credit Agreement.

Examples of Used Fee in a sentence

• All computations of interest and all computations of Interest (other than for Interest calculated in respect of the Base Rate, which shall be computed on the basis of a year of 365/366 days), Servicing Fee, Used Fee, Unused Fee, CP Breakage and other fees hereunder shall be made on the basis of a year of 360 days for the actual number of days (including the first but excluding the last day) elapsed.

• Truck Order Not Used Fee may only be requested if the TSP had a confirmed appointment with the federal holding location prior to arrival and if the driver arrived at the holding location at the scheduled date and time.

• Should TFC choose to cancel the pickup after the TSP has arrived at the federal holding location, or if the holding location cancels the appointment after the driver’s arrival, then TSP may be eligible for a Truck Order Not Used Fee.

• The Applicable Used Fee Percentage for a given Settlement Period shall be based upon the Applicable Leverage Ratio (as defined herein).

• Notwithstanding any limitation on recourse contained in this Agreement, the Transferor shall pay, on the last day of each month, to the Administrative Agent, for distribution to the Class Investors, in each case as agreed between themselves, all of the applicable Used Fee and the applicable Unused Fee.

• Notwithstanding the foregoing, the Used Fee and the Unused Fee as defined in and due and owing under the Amended and Restated Fee Letter for the Settlement Period ending February 29, 2008, shall survive the termination of the Amended and Restated Fee Letter and shall be due and owing hereunder on the March 2008 Settlement Date.

• The Applicable Leverage Ratio calculated will fall into one of five classes in the first column of Exhibit A hereto (the "Operative Row"), and the Applicable Used Fee Percentage shall be in the Used Fee Percentage column on Exhibit A in the Operative Row.

• Payments of the Used Fee shall be allocated and paid to Note Owners pro rata based upon their respective interest in the Aggregate Note Principal Balance for the applicable Interest Period.

More Definitions of Used Fee

Used Fee has the meaning specified in subsection 2.3(c) of this Agreement.

Used Fee means, with respect to each Class, the fee payable by the Transferor to the Administrative Agent, for distribution to the Class Investors, pursuant to Section 2.7 hereof, the terms of which are set forth in the Fee Letter.”

Used Fee shall have the meaning specified in the Fee Letter. “U.S. Government Securities Business Day” means any day except for (a) a Saturday, (b) a Sunday or (c) a day on which the Securities Industry and Financial Markets Association recommends that the fixed income departments of its members be closed for the entire day for purposes of trading in United States government securities. “U.S. Obligor” shall mean (i) if a natural person, is a resident of the United States or (ii) if a corporation or other business organization, (a) is organized under the laws of the United States or any political subdivision thereof and (b) has its principal place of business in the United States or any political subdivision thereof. “USA Patriot Act” shall mean the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001, Public Law 107-56, 110 Xxxx. 000 (0000), xx xxx Xxxxxx Xxxxxx, as amended. “Voting Stock” shall mean, with respect to any Person, the outstanding shares of Equity Interests voting power for the election of directors of such Person, whether at all times or only so long as no senior class of Equity Interests has such voting power because of default in dividends or such other default. “Weekly Report” shall have the meaning specified in Section 4.11(a)(ii) hereof. “Weekly Report Date” shall mean, if a Weekly Report is required to be delivered pursuant to Section 4.11(a)(ii) hereof, the second Business Day of each week. “Weighted Average Term Factor” shall mean, on any day, the greater of (i) 1.0 and (ii) (A) the weighted average payment terms of the Receivables plus 90 (B) divided by 120. “Write-Down and Conversion Powers” shall mean, (a) with respect to any EEA Resolution Authority, the write-down and conversion powers of such EEA Resolution Authority from time to time under the Bail-In Legislation for the applicable EEA Member Country, which write-down and conversion powers are described in the EU Bail-In Legislation Schedule, and (b) with respect to the United Kingdom, any powers of the applicable Resolution Authority under the Bail-In Legislation to cancel, reduce, modify or change the form of a liability of any UK Financial Institution or any contract or instrument under which that liability arises, to convert all or part of that liability into shares, securities or obligations of that person or any other person, to provide that any such contract or instrument is to have effect as if a right had bee...

Used Fee shall have the meaning specified in the Fee LetterLetters.