Common use of Collection Agent Fee Clause in Contracts

Collection Agent Fee. A Collection Agent Fee equal to 1.0% -------------------- per annum, which fee shall be remitted by the Purchaser to the Collection Agent. If the Originator is acting as the Collection Agent, then the Collection Agent shall retain 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)

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Collection Agent Fee. A The Collection Agent shall be entitled to receive a fee (the "Collection Agent Fee") of one-twelfth of 1.50% per month on the average daily Aggregate Capital from the date of the first Transfer of Receivables until the date on which such Aggregate Capital is reduced to zero, payable on each Settlement Date. The Collection Agent Fee equal to 1.0% -------------------- per annum, which fee shall be remitted by the Purchaser payable solely from Collections pursuant to, and subject to the Collection Agent. If the Originator is acting as the Collection Agentpriority of payment set forth in, then the Collection Agent shall retain 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)1.03.

Appears in 1 contract

Samples: Receivables Transfer Agreement (Ikon Office Solutions Inc)

Collection Agent Fee. A Collection Agent Fee equal to 1.0% -------------------- per annum, which fee shall be remitted by the Purchaser Administrative Agent (for the account of the Bank Purchasers) to the Collection AgentAgent in arrears on each Settlement Date. If Interface or the Originator Seller is acting as the Collection Agent, then the Collection Agent shall retain 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)(i7.2.2(b).

Appears in 1 contract

Samples: Receivables Sale Agreement (Interface Inc)

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Collection Agent Fee. A Collection Agent Fee equal to -------------------- 1.0% -------------------- per annum, which fee shall be remitted by the Purchaser to the Collection Agent. If the Originator Seller is acting as the Collection Agent, then the Collection Agent shall retain 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)(i7.2.2 (b)(i).

Appears in 1 contract

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

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