Common use of Fee payable Clause in Contracts

Fee payable. (a) Subject to paragraph (b) below, Funding and the Mortgages Trustee, proportionately in accordance with and subject to the applicable Funding Priority of Payments set out in the Funding Deed of Charge and the applicable Priority of Payments for the Mortgages Trustee under the Mortgages Trust Deed, as the case may be, shall pay to the Cash Manager for its Cash Management Services hereunder an annual cash management fee of (GBP)100,000 for its services which will be paid quarterly.

Appears in 5 contracts

Samples: Management Agreement (Granite Mortgages 02-1 PLC), Management Agreement (Granite Mortgages 04-2 PLC), Management Agreement (Granite Mortgages 03-3 PLC)

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Fee payable. (a) Subject to paragraph (b) below, Funding and the Mortgages TrusteeTrustee and each Funding Beneficiary, proportionately in accordance with and subject to the applicable Funding Priority of Payments, the applicable Funding 2 Priority of Payments set out in the Funding Deed of Charge and the applicable Mortgages Trustee Priority of Payments for the Mortgages Trustee under the Mortgages Trust DeedPayments, as the case may be, shall pay to the Cash Manager for its Cash Management Services hereunder an annual cash management fee of (GBP)100,000 GBP)200,000 for its services which will be paid quarterly.

Appears in 3 contracts

Samples: Management Agreement (Granite Finance Funding 2 LTD), Management Agreement (Granite Finance Trustees LTD), Management Agreement (Granite Finance Funding 2 LTD)

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Fee payable. (a) Subject to paragraph (b) below, Funding and the Mortgages TrusteeTrustee and each Funding Beneficiary, proportionately in accordance with and subject to the applicable Funding Priority of Payments, the applicable Funding 2 Priority of Payments set out in the Funding Deed of Charge and the applicable Mortgages Trustee Priority of Payments for the Mortgages Trustee under the Mortgages Trust DeedPayments, as the case may be, shall pay to the Cash Manager for its Cash Management Services hereunder an annual cash management fee of (GBP)100,000 GBP)[100,000] for its services which will be paid quarterly.

Appears in 1 contract

Samples: Management Agreement (Granite Finance Trustees LTD)

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