Common use of Collection Agent Fee Clause in Contracts

Collection Agent Fee. 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 0.25% per annum on the average daily aggregate Outstanding Balance of the Transferred Receivables, payable on the tenth day of each 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)

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Collection Agent Fee. 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 0.251.25% per annum on the average daily aggregate Outstanding Balance of the Transferred Receivables, payable on the tenth day of each month (or, if such day is not a Business Day, the immediately succeeding Business Day) 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. 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 0.250.50% per annum on the average daily aggregate Outstanding Balance of the Transferred Receivables, payable on the tenth twentieth day of each 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. 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 0.250.50% per annum on the average daily aggregate Outstanding Balance of the Transferred Receivables, payable on the tenth fifteenth day of each 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. 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 0.251.00% per annum on the average daily aggregate Outstanding Balance of the Transferred ReceivablesPurchased Assets, payable in arrears on the tenth day of each month (or, if such day is not a Business Day, the immediately succeeding Business Day) 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. 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 0.250.50% per annum on the average daily aggregate Outstanding Balance of the Transferred Purchased Receivables, payable on the tenth day of each 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)

Collection Agent Fee. 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 0.250.50% per annum on the average daily aggregate Outstanding Balance of the Transferred Receivables, payable on the tenth day of each month (or, if such day is not a Business Day, the immediately succeeding Business Day) Settlement Date 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 (Dal Tile International Inc)

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Collection Agent Fee. 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 0.250.50% per annum on the average daily aggregate Outstanding Balance of the Transferred Receivables, payable on the tenth day second Business Day of each 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 (Olin Corp)

Collection Agent Fee. 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 0.25% per annum on the average daily aggregate Outstanding Balance of the Transferred Receivables, payable on the tenth day twelfth Business Day of each 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 (Electronic Data Systems Corp /De/)

Collection Agent Fee. 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 0.250.75% per annum on the average daily aggregate Outstanding Balance of the Transferred Receivables, payable on the tenth 15th day of each 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 (Ck Witco Corp)

Collection Agent Fee. 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”"COLLECTION AGENT FEE") of 0.25% $5.00 per annum on the average daily aggregate Outstanding Balance of the month for each Contract that is a Transferred ReceivablesContract for such month (other than any Contract related to a Transferred Receivable that is a Defaulted Receivable), payable on the tenth day of each month (or, if such day is not a Business Day, the immediately succeeding Business Day) Settlement Date or such other day during each calendar month as the Purchaser and the Collection Agent shall agree. The payment of the Collection Agent Fee shall be made to the extent and in the manner provided in the Financing Agreement.

Appears in 1 contract

Samples: Purchase Agreement (Response Usa Inc)

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