Closing Fee has the meaning set forth in Section 2.09(c).
Underwriting Fee has the meaning given to it in the eighth paragraph of this Agreement;
Ticking Fee has the meaning specified in Section 2.09(b).
Late Payment Fee means the excess of the Price Differential paid as a result of its calculation at the Post-Default Rate over the Price Differential as would have been calculated at the Pricing Rate.
Fronting Fee shall have the meaning provided in Section 4.1(c).
Drawing Fee means, with respect to each Draft drawn by TCCI and purchased by any Person on any Drawing Date and subject to the provisions of Section 2.15, an amount equal to the product of (i) the Applicable Rate times the aggregate Face Amount of the Draft, multiplied by (ii) a fraction the numerator of which is the number of days in the term to maturity of such Draft and the denominator of which is 365 or 366, as applicable.
Fee Payment Date (a) the third Business Day following the last day of each March, June, September and December and (b) the last day of the Revolving Commitment Period.
L/C Fee Payment Date the last day of each March, June, September and December and the last day of the Revolving Credit Commitment Period.
Commitment Fee has the meaning specified in Section 2.09(a).
Origination Fee means any origination fee payable to the Department by the lender with respect to any Trust Student Loan.
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.
L/C Fee has the meaning specified in Section 2.03(i).
Processing Fee means in relation to a Transaction Summary delivered:
Break Fee means an amount to compensate a Proponent for some of the costs the Proponent had incurred in developing and submitting a Proposal in the event that the RFP Process is cancelled, as determined by the Sponsors in accordance with RFP Section 10.3.3;
Initiation fee means a fee charged by us to you in order to create a credit facility for you;
Management Fee has the meaning given in Section 4.1.
Unused Fee has the meaning specified in Section 2.09(a).
Base Fee $60 million (Avg Daily Net Assets For Most Recent Month) * 0.45% * (31/365) = $22,931.51 Performance Fee: $40 million (Avg Daily Net Assets for rolling 12-month period) * -0.25% * (31/365) = $(8,493.15) Total Fulcrum Fee: $14,438.36 = $22,931.51 (Base Fee) - $8,493.15 (Performance Fee)