Examples of Variable Facility Fee in a sentence

The Variable Facility Fee shall be payable in advance, in accordance with the terms of the Variable Facility Note.
The Fixed Facility Fee and the Variable Facility Fee shall not increase with respect to the Reserved Amount in the event of an Expansion for so long as the Borrower timely pays the Rate Preservation Fee on the Reserved Amount.
In addition to paying the Discount and the partial month interest, if any, the Borrower shall pay monthly installments of the Variable Facility Fee to the Lender on account of each Variable Advance over the whole number of calendar months the MBS backed by the Variable Advance is to run from the MBS Issue Date to the maturity date of the MBS.
Each installment of the Variable Facility Fee shall be in an amount equal to the product of multiplying (i) the Variable Facility Fee, by (ii) the amount of the Variable Advance, by (iii) 1/12.
The Coupon Rate shall equal the sum of (1) an interest rate as determined by Lender (rounded to three places) payable for the MBS pursuant to the MBS Commitment ("MBS Imputed Interest Rate") and (2) the Variable Facility Fee.

More Definitions of Variable Facility Fee

Variable Facility Fee. Has the meaning set forth in the Master Agreement. Event of Default and other capitalized terms used but not defined in this Note shall have the meanings given to such terms in the Master Agreement or, if not defined in the Master Agreement, as defined in the Security Instrument.

Variable Facility Fee means, with respect to any Variable Advance, the number of basis points per annum determined by Lender at the time such Variable Advance is made as the Variable Facility Fee for such Variable Advance. In the event the Unused Capacity Fee is being paid, there shall be no change in the Variable Facility Fee with respect to the portion of the Variable Facility Commitment on which the Unused Capacity Fee is being paid.

Variable Facility Fee means (i) 120 basis points per annum for a Variable Advance drawn from the Variable Facility Commitment initially available under the Agreement, (ii) if the Variable Facility Termination Date is extended pursuant to Section 1.07, for any Variable Advance drawn from any portion of the Variable Commitment after the original Variable Facility Availability Period, the number of basis points per annum determined by Lender as the Variable Facility Fee for such period, which fee shall be set by Lender not less than 30 days prior to the commencement of such period, and (iii) for any Variable Advance drawn from any portion of the Variable Facility Commitment increased under Article 4, the number of basis points per annum determined at the time of such increase by Lender as the Variable Facility Fee for such Variable Advance.

Variable Facility Fee means (i) 65 basis points per annum (0.65%) for a Variable Advance drawn from the Variable Facility Commitment in effect on or prior to the First Anniversary (whether or not drawn by such date) or for any Variable Advance drawn from any portion of the Variable Facility Commitment excluding the Reserved Amount increased pursuant to Article 4 after the period ending on the First Anniversary, the number of basis points per annum determined at the time of such increase by Lender as the Variable Facility Fee for such Variable Advance.

Variable Facility Fee means (i) [*] for a Variable Advance drawn from the Variable Facility Commitment in effect on or prior to the First Anniversary (whether or not drawn by such date), and (ii) for any Variable Advance drawn from any portion of the Variable Facility Commitment increased pursuant to Article 4 after the period ending on the First Anniversary, the number of basis points per annum determined at the time of such increase by Lender as the Variable Facility Fee for such Variable Advance. * Indicates material that has been omitted and for which confidential treatment has been requested. All such omitted material has been filed with the Securities and Exchange Commission pursuant to Rule 406 promulgated under the Securities Act of 1933, as amended.

Variable Facility Fee means (i) 67 basis points per annum (0.67%) for a Variable Advance drawn from the Variable Commitment initially available under this Agreement, (ii) if the Variable Facility Termination Date is extended pursuant to Section 2.07, for any Variable Advance drawn from any portion of the Variable Commitment after the original Variable Facility Availability Period, the number of basis points per annum determined by the Lender as the Variable Facility Fee for such period, which fee shall be set by Lender not less than 30 days prior to the commencement of such period, and (iii) for any Variable Advance drawn from any portion of the Variable Commitment increased under Article VIII, the number of basis points per annum determined at the time of such increase by the Lender as the Variable Facility Fee for such Variable Advances.

Variable Facility Fee means (i) 200 basis points per annum for any Variable Advance (x) Outstanding as of April 28, 2009 or (y) repaid and redrawn (as permitted under the Master Agreement) from the Variable Facility Commitment in effect on April 28, 2009 (which amount is $152,362,500.00); and (ii) for any Variable Advance drawn from any portion of the Variable Facility Commitment increased under Article 4, the number of basis points per annum determined at the time of such increase by Lender as the Variable Facility Fee for such Variable Advance (which shall be based on the amount then being charged by Lender to other borrowers of comparable financial condition as Borrower (taking into account the financial condition of Sun to the extent and in a similar manner as the financial condition of Sun was taken into account in the original underwriting of the Credit Facility) on credit facilities secured by manufactured housing properties having similar characteristics regarding leverage, geographic diversity, recourse and other material terms as reasonably determined by Lender).