Administration Fee. As compensation for the performance of the Administrator’s obligations under this Agreement and as reimbursement for its expenses related thereto, the Administrator shall be entitled to receive the Administration Fee in accordance with Section 8.4 of the Indenture. The Administrator shall pay all expenses incurred by it in connection with its activities hereunder.
Appears in 25 contracts
Samples: Administration Agreement (World Omni Automobile Lease Securitization Trust 2019-A), Administration Agreement (World Omni Automobile Lease Securitization Trust 2019-A), Administration Agreement (World Omni Automobile Lease Securitization Trust 2018-B)
Administration Fee. As compensation for the performance of the Administrator’s obligations under this Agreement and as reimbursement for its expenses related thereto, the Administrator shall be entitled to receive the Administration Fee in accordance with Section 5.4 and Section 8.4 of the Indenture, as applicable. The Administrator shall pay all expenses incurred by it in connection with its activities hereunder.
Appears in 23 contracts
Samples: Administration Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Administration Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Administration Agreement (Vw Credit Leasing LTD)
Administration Fee. As compensation for the performance of the Administrator’s obligations under this Agreement and as reimbursement for its expenses related thereto, the Administrator shall be entitled to receive the Administration Fee in accordance with Section 8.4 8.5 of the Indenture. The Administrator shall pay all expenses incurred by it in connection with its activities hereunder.
Appears in 16 contracts
Samples: Administration Agreement (World Omni LT), Administration Agreement (World Omni LT), Administration Agreement (World Omni LT)
Administration Fee. As compensation for the performance of the Administrator’s 's obligations under this Agreement and as reimbursement for its expenses related thereto, the Administrator shall be entitled to receive the Administration Fee in accordance with Section 8.4 of the Indenture. The Administrator shall pay all expenses incurred by it in connection with its activities hereunder.
Appears in 3 contracts
Samples: Administration Agreement (Volkswagen Auto Lease Trust 2005-A), Administration Agreement (Volkswagen Auto Lease Underwritten Funding LLC), Administration Agreement (Volkswagen Public Auto Loan Securitization LLC)
