Common use of Administrator’s Fees and Expenses Clause in Contracts

Administrator’s Fees and Expenses. The Depositor will pay the Administrator as compensation for performing its obligations under this Agreement a fee separately agreed to by the Depositor and the Administrator. The Administrator will be responsible for its costs and expenses in performing its obligations under this Agreement.

Appears in 89 contracts

Samples: Administration Agreement (Ford Credit Auto Owner Trust 2024-D), Administration Agreement (Ford Credit Auto Receivables Two LLC), Administration Agreement (Ford Credit Auto Owner Trust 2024-C)

AutoNDA by SimpleDocs

Administrator’s Fees and Expenses. The Depositor Servicer will pay the Administrator as compensation for performing its obligations under this Agreement a fee separately agreed to by the Depositor Servicer and the Administrator. The Administrator will be responsible for its costs and expenses in performing its obligations under this Agreement.

Appears in 18 contracts

Samples: Omnibus Amendment (Verizon Owner Trust 2020-A), Omnibus Amendment (Verizon Owner Trust 2020-C), Transfer and Servicing Agreement (Verizon Owner Trust 2020-B)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!