Common use of Collection Agent Fee Clause in Contracts

Collection Agent Fee. (a) The Purchaser shall pay to the Collection Agent, so long as it is acting as the Collection Agent hereunder, a periodic collection fee (the “Collection Agent Fee”) of 0.75% per annum on the average daily aggregate Outstanding Balance of the Transferred Receivables, payable on each Settlement Date or such other day during each calendar month as the Purchaser and the Collection Agent shall agree.

Appears in 11 contracts

Samples: Tertiary Purchase Agreement, Initial Purchase and Contribution Agreement (Ingersoll Rand Co LTD), Tertiary Purchase Agreement (Ingersoll Rand Co LTD)

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Collection Agent Fee. (a) The Purchaser shall pay to the Collection Agent, so long as it is acting as the Collection Agent hereunder, a periodic collection fee (the “Collection Agent Fee”) of 0.751.25% per annum on the average daily aggregate Outstanding Balance of the Transferred Receivables, payable on each Settlement Date or such other day during each calendar month as the Purchaser and the Collection Agent shall agree; provided, that until the RFA Final Payment Date, the Collection Agent Fee shall be deemed paid by the payment of the Servicing Fee under the RFA and no separate fee shall be payable hereunder.

Appears in 2 contracts

Samples: Purchase and Contribution Agreement (Herc Holdings Inc), Purchase and Contribution Agreement (Herc Holdings Inc)

Collection Agent Fee. (a) The Purchaser shall pay to the Collection Agent, so long as it is acting as the Collection Agent hereunder, a periodic collection fee (the “Collection Agent Fee”) of 0.750.25% per annum on the average daily aggregate Outstanding Balance of the Transferred Receivables, payable on the tenth day of each Settlement Date month (or, if such day is not a Business Day, the immediately succeeding Business Day) or such other day during each calendar month as the Purchaser and the Collection Agent shall agree.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Ferro Corp), Purchase and Contribution Agreement (Ferro Corp)

Collection Agent Fee. (a) The Purchaser shall pay to the Collection Agent, so long as it is acting as the Collection Agent hereunder, a periodic collection fee (the “Collection Agent Fee”) of 0.750.50% per annum on the average daily aggregate Outstanding Balance of the Transferred Receivables, payable on the tenth day of each Settlement Date month (or, if such day is not a Business Day, the immediately succeeding Business Day) or such other day during each calendar month as the Purchaser and the Collection Agent shall agree.

Appears in 1 contract

Samples: Purchase and Contribution Agreement (Ferro Corp)

Collection Agent Fee. (a) The A Collection Agent Fee equal to 1.0% -------------------- per annum, which fee shall be remitted by the Purchaser shall pay to the Collection Agent, so long as it . If the Originator is acting as the Collection Agent hereunderAgent, a periodic collection fee (the “Collection Agent Fee”) of 0.75% per annum on the average daily aggregate Outstanding Balance of the Transferred Receivables, payable on each Settlement Date or such other day during each calendar month as the Purchaser and then the Collection Agent shall agreeretain an amount equal to the Collection Agent Fee (in full satisfaction of the payment of such fee to the Collection Agent) out of amounts required to be remitted by the Collection Agent in accordance with Section 7.2.2(b)(i).

Appears in 1 contract

Samples: Receivables Sale Agreement (Unisource Worldwide Inc)

Collection Agent Fee. (a) The Purchaser shall pay to the Collection Agent, so long as it is acting as the Collection Agent hereunder, a periodic collection fee (the “Collection Agent Fee”) of 0.750.25% per annum on the average daily aggregate Outstanding Balance of the Transferred Receivables, payable on the twelfth Business Day of each Settlement Date month or such other day during each calendar month as the Purchaser and the Collection Agent shall agree.

Appears in 1 contract

Samples: Purchase and Contribution Agreement (Electronic Data Systems Corp /De/)

Collection Agent Fee. (a) The A Collection Agent Fee equal to -------------------- 1.0% per annum, which fee shall be remitted by the Purchaser shall pay to the Collection Agent, so long as it . If the Seller is acting as the Collection Agent hereunderAgent, a periodic collection fee (the “Collection Agent Fee”) of 0.75% per annum on the average daily aggregate Outstanding Balance of the Transferred Receivables, payable on each Settlement Date or such other day during each calendar month as the Purchaser and then the Collection Agent shall agreeretain an amount equal to the Collection Agent Fee (in full satisfaction of the payment of such fee to the Collection Agent) out of amounts required to be remitted by the Collection Agent in accordance with Section 7.2.2 (b)(i).

Appears in 1 contract

Samples: Receivables Sale Agreement (York International Corp /De/)

Collection Agent Fee. (a) The Purchaser shall pay to the Collection Agent, so long as it is acting as the Collection Agent hereunderhereunder (and provided that the Purchaser is not the Collection Agent), a periodic collection fee (the “Collection Agent Fee”) of 0.750.50% per annum on the average daily aggregate Outstanding Balance of the Transferred Purchased Receivables, payable on the tenth day of each Settlement Date month (or, if such day is not a Business Day, the immediately succeeding Business Day) or such other day during each calendar month as the Purchaser and the Collection Agent shall agree.

Appears in 1 contract

Samples: Purchase Agreement (Ferro Corp)

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Collection Agent Fee. (a) The Purchaser shall pay to the Collection Agent, so long as it is acting as the Collection Agent hereunder, a periodic collection fee (the “Collection Agent Fee”) of 0.750.50% per annum on the average daily aggregate Outstanding Balance of the Transferred Receivables, payable on the fifteenth day of each Settlement Date month (or, if such day is not a Business Day, the immediately succeeding Business Day) or such other day during each calendar month as the Purchaser and the Collection Agent shall agree.

Appears in 1 contract

Samples: Purchase and Contribution Agreement (Lexmark International Inc /Ky/)

Collection Agent Fee. (a) The Purchaser shall pay to the Collection Agent, so long as it is acting as the Collection Agent hereunder, a periodic collection fee (the "Collection Agent Fee") of 0.750.50% per annum on the average daily aggregate Outstanding Balance of the Transferred Receivables, payable on each Settlement Date or such other day during each calendar month as the Purchaser and the Collection Agent shall agree. SECTION 6.04.

Appears in 1 contract

Samples: Purchase and Contribution Agreement (Dal Tile International Inc)

Collection Agent Fee. (a) The Purchaser shall pay to the Collection Agent, so long as it is acting as the Collection Agent hereunder, a periodic collection fee (the “Collection Agent Fee”) of 0.750.50% per annum on the average daily aggregate Outstanding Balance of the Transferred Receivables, payable on the second Business Day of each Settlement Date month or such other day during each calendar month as the Purchaser and the Collection Agent shall agree.

Appears in 1 contract

Samples: Purchase and Contribution Agreement (Olin Corp)

Collection Agent Fee. (a) The Purchaser shall pay to the Collection Agent, so long as it is acting as the Collection Agent hereunder, a periodic collection fee (the "Collection Agent Fee") of 0.751.00% per annum on the average daily aggregate Outstanding Balance of the Transferred ReceivablesPurchased Assets, payable in arrears on each Settlement Date or such other day during each calendar month Month as the Purchaser and the Collection Agent shall agree.

Appears in 1 contract

Samples: Originator Purchase Agreement (Rite Aid Corp)

Collection Agent Fee. (a) The Purchaser shall pay to the Collection Agent, so long as it is acting as the Collection Agent hereunder, a periodic collection fee (the "Collection Agent Fee") of 0.750.50% per annum on the average daily aggregate Outstanding Balance of the Transferred Receivables, payable on the twentieth day of each Settlement Date month (or, if such day is not a Business Day, the immediately succeeding Business Day) or such other day during each calendar month as the Purchaser and the Collection Agent shall agree.

Appears in 1 contract

Samples: Purchase and Contribution Agreement (Lexmark International Inc /Ky/)

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