Fee payable. (a) The Master Issuer shall pay to the Master Issuer Cash Manager for its services hereunder a cash management fee which shall be agreed in writing between the Master Issuer, the Master Issuer Security Trustee and the Master Issuer Cash Manager from time to time. (b) Without prejudice to (a) above, the parties to this Agreement hereby acknowledge and agree that no fee shall be payable by the Master Issuer to the Master Issuer Cash Manager in respect of any reporting services provided or obligations under Clauses 7.4, 7.5(a), 7.6 or paragraph (p) of Schedule 1.
Appears in 3 contracts
Samples: Master Issuer Cash Management Agreement, Master Issuer Cash Management Agreement, Master Issuer Cash Management Agreement
Fee payable. (a) The Subject to paragraph (b) below, the Master Issuer shall pay to the Master Issuer Cash Manager for its services the provision of the Issuer Cash Management Services hereunder a cash management fee which shall be agreed in writing between the Master Issuer, the Master Issuer Security Trustee and the Master Issuer Cash Manager from time to time.
(b) Without prejudice Unless and until otherwise agreed by the Master Issuer and the Issuer Security Trustee in writing (notified to the Issuer Cash Manager), the Master Issuer shall be solely responsible for paying the cash management fee to the Issuer Cash Manager which is referred to in paragraph (a) above, the parties to this Agreement hereby acknowledge and agree that no fee shall be payable by the Master Issuer to the Master Issuer Cash Manager in respect of any reporting services provided or obligations under Clauses 7.4, 7.5(a), 7.6 or paragraph (p) of Schedule 1.
Appears in 3 contracts
Samples: Issuer Cash Management Agreement (Granite Finance Funding 2 LTD), Issuer Cash Management Agreement (Granite Finance Trustees LTD), Issuer Cash Management Agreement (Granite Finance Trustees LTD)
Fee payable. (a) The Master Issuer shall pay to the Master Issuer Cash Manager for its services hereunder a cash management fee which shall be agreed in writing between the Master Issuer, the Master Issuer Security Trustee and the Master Issuer Cash Manager from time to time.
(b) Without prejudice to (a) above, the parties to this Agreement hereby acknowledge and agree that no fee shall be payable by the Master Issuer to the Master Issuer Cash Manager in respect of any reporting services provided or obligations under Clauses 7.4, 7.5(a), 7.6 or paragraph (p) of Schedule 1.
Appears in 1 contract
Samples: Master Issuer Cash Management Agreement (Holmes Funding LTD)