Deferment Indemnity definicija

Deferment Indemnity means a fee calculated on the amount of disbursement deferred or suspended being the higher of:

Deferment Indemnity means a fee calculated on the amount of disbursement deferred or suspended being the higher of: 0.125% (12.5 basis points), per annum, and the percentage rate by which: the interest rate that would have been applicable to such amount had it been disbursed to the Borrower on the Scheduled Disbursement Date, exceeds EURIBOR (one month rate) less 0.125% (12.5 basis points), unless this value is less than zero, in which case it will be set at zero. Such fee shall accrue from the Scheduled Disbursement Date to the Disbursement Date or, as the case may be, until the date of cancellation of the Accepted Tranche in accordance with this Contract. "Disbursement Acceptance" means a copy of the Disbursement Offer duly countersigned by the Borrower. "Disbursement Acceptance Deadline" means the date and time of expiry of a Disbursement Offer as specified therein. "Disbursement Account" means, in respect of each Tranche, the bank account set out in the most recent List of Authorised Signatories and Accounts.

Deferment Indemnity means an indemnity calculated on the amount of disbursement deferred or suspended at the percentage rate (if higher than zero) by which:

Examples of Deferment Indemnity in a sentence

• In such case, the Borrower shall pay the Deferment Indemnity calculated on the amount of disbursement deferred.

• If disbursement of an Accepted Tranche is being deferred pursuant to paragraphs 1.5.A(1) or 1.5.A(2) above, the Borrower shall pay the Deferment Indemnity.

• If disbursement of an Accepted Tranche is deferred pursuant to paragraphs 1.5.A(1) or 1.5.A(2) above, the Borrower shall pay the Deferment Indemnity.

• Indemnity for suspension and cancellation of a Tranche Suspension If the Bank suspends an Accepted Tranche, whether upon an Indemnifiable Prepayment Event or an Event of Default, the Borrower shall pay to the Bank the Deferment Indemnity calculated on the amount of disbursement suspended.

• Indemnity for suspension and cancellation of a Tranche SUSPENSION If the Bank suspends a Notified Tranche, whether upon an Indemnifiable Prepayment Event or an Event of Default or upon the occurrence of a Material Adverse Change, the Borrower shall pay to the Bank the Deferment Indemnity calculated on the amount of disbursement suspended.

• DEFERMENT INDEMNITY If disbursement of an Accepted Tranche is being deferred pursuant to paragraphs 1.5.A.1 or 1.5.A.2 above, the Borrower shall pay the Deferment Indemnity.

• If disbursement of an Accepted Tranche is be deferred pursuant to paragraphs 1.5.A(1) or 1.5.A(2) above, the Borrower shall pay the Deferment Indemnity.

More Definitions of Deferment Indemnity

Deferment Indemnity means an indemnity calculated on the amount of disbursement deferred or suspended at the percentage rate (if higher than zero) by which: the interest rate that would have been applicable to such amount had it been disbursed to the Borrower on the Scheduled Disbursement Date, exceeds EURIBOR (one month rate) less 0.125% (12.5 basis points), unless this value is less than zero, in which case it will be set at zero. Such indemnity shall accrue from the Scheduled Disbursement Date to the Disbursement Date or, as the case may be, until the date of cancellation of the Accepted Tranche in accordance with this Contract. "Disbursement Acceptance" means a copy of the Disbursement Offer duly countersigned by the Borrower. "Disbursement Acceptance Deadline" means the date and time of expiry of a Disbursement Offer as specified therein.