Administrator Fee. A periodic fee (the “Series 2010-1 Administrator Fee”) shall be payable to the Administrator on each Payment Date for the preceding Monthly Period in an amount equal to the product of (a) 0.01% times (b) the daily average of the Series 2010-1 Allocated Adjusted Aggregate Unit Balance for such Monthly Period times (c) the number of days in such Monthly Period divided by 365 (or 366, as applicable) days. The Series 2010-1 Administrator Fee shall be payable to the Administrator on each Payment Date pursuant to Section 5A.4(c)(ix).
Appears in 2 contracts
Samples: Master Agreement (PHH Corp), Purchase and Sale (PHH Corp)
Administrator Fee. A periodic fee (the “"Series 20102003-1 Administrator Fee”") shall be payable to the Administrator on each Payment Date for the preceding Monthly Series 2003-1 Interest Period ending on such Payment Date in an amount equal to the product of (a) 0.01% times (b) the daily average of the Series 20102003-1 Allocated Adjusted Aggregate Unit Balance for such as of the first day of the immediately preceding Monthly Period times (c) the number of days in such Monthly Series 2003-1 Interest Period divided by 365 (or 366, as applicable) days. The Series 20102003-1 Administrator Fee shall be payable to the Administrator on each Payment Date pursuant to Section 5A.4(c)(ix5A.4(c)(vii).
Appears in 1 contract
Samples: Peterson D L Trust
Administrator Fee. A periodic fee (the “"Series 20102001-1 Administrator Fee”") shall be payable to the Administrator on each Payment Date for the preceding Monthly Period in an amount equal to the product of (a) 0.01% per annum times (b) the daily average of the Series 20102001-1 Allocated Adjusted Aggregate Unit Balance for as of the first day of such Monthly Period times (c) the number of days in such Monthly Period divided by 365 (or 366, as applicable) days. The Series 20102001-1 Administrator Fee shall be payable to the Administrator on each Payment Date pursuant to Section 5A.4(c)(ix5A.4(c)(vii).
Appears in 1 contract
Samples: Greyhound Funding LLC
Administrator Fee. A periodic fee (the “Series 20102011-1 2 Administrator Fee”) shall be payable to the Administrator on each Payment Settlement Date for the preceding Monthly Period in an amount equal to the product of (a) 0.01% times (b) the daily average of the Series 20102011-1 2 Allocated Adjusted Aggregate Unit Balance for such Monthly Period times (c) the number of days in such Monthly Period divided by 365 (or 366, as applicable) days. The Series 20102011-1 2 Administrator Fee shall be payable to the Administrator on each Payment Settlement Date pursuant to Section 5A.4(c)(ix5A.4(c)(vi).
Appears in 1 contract
Samples: Master Agreement (PHH Corp)
Administrator Fee. A periodic fee (the “Series 20102003-1 2 Administrator Fee”) shall be payable to the Administrator on each Payment Date for the preceding Monthly Series 2003-2 Interest Period ending on such Payment Date in an amount equal to the product of (a) 0.01% times (b) the daily average of the Series 20102003-1 2 Allocated Adjusted Aggregate Unit Balance for such as of the first day of the immediately preceding Monthly Period times (c) the number of days in such Monthly Series 2003-2 Interest Period divided by 365 (or 366, as applicable) days. The Series 20102003-1 2 Administrator Fee shall be payable to the Administrator on each Payment Date pursuant to Section 5A.4(c)(ix5A.4(c)(vii).
Appears in 1 contract
Samples: Cendant Corp
Administrator Fee. A periodic fee (the “Series 20102011-1 Administrator Fee”) shall be payable to the Administrator on each Payment Date for the preceding Monthly Period in an amount equal to the product of (a) 0.01% times (b) the daily average of the Series 20102011-1 Allocated Adjusted Aggregate Unit Balance for such Monthly Period times (c) the number of days in such Monthly Period divided by 365 (or 366, as applicable) days. The Series 20102011-1 Administrator Fee shall be payable to the Administrator on each Payment Date pursuant to Section 5A.4(c)(ix).
Appears in 1 contract
Samples: Master Agreement (PHH Corp)
Administrator Fee. A periodic fee (the “"Series 20102002-1 Administrator Fee”") shall be payable to the Administrator on each Payment Date for the preceding Monthly Series 2002-1 Interest Period ending on such Payment Date in an amount equal to the product of (a) 0.01% times (b) the daily average of the Series 20102002-1 Allocated Adjusted Aggregate Unit Balance for such as of the first day of the immediately preceding Monthly Period times (c) the number of days in such Monthly Series 2002-1 Interest Period divided by 365 (or 366, as applicable) days. The Series 20102002-1 Administrator Fee shall be payable to the Administrator on each Payment Date pursuant to Section 5A.4(c)(ix5A.4(c)(vii).
Appears in 1 contract
Samples: Chesapeake Funding LLC