Fee payable. (a) Subject to paragraph (b) below, Funding shall pay to the Cash Manager for its Cash Management Services hereunder a cash management fee which shall be agreed in writing between Funding, the Security Trustee and the Cash Manager from time to time. (b) Unless and until otherwise agreed by Funding and the Security Trustee in writing (notified to the Cash Manager), Funding shall be solely responsible for paying the cash management fee to the Cash Manager which is referred to in paragraph (a) above.
Appears in 3 contracts
Samples: Cash Management Agreement (Holmes Funding LTD), Cash Management Agreement (HOLMES FINANCING (No. 9) PLC), Cash Management Agreement (HOLMES FINANCING (No. 9) PLC)
Fee payable. (a) Subject to paragraph PARAGRAPH (bB) below, Funding 1 shall pay to the Cash Manager for its Cash Management Services hereunder a cash management fee which shall be agreed in writing between FundingFunding 1, the Security Trustee and the Cash Manager from time to time.
(b) Unless and until otherwise agreed by Funding 1 and the Security Trustee in writing (notified to the Cash Manager), Funding 1 shall be solely responsible for paying the cash management fee to the Cash Manager which is referred to in paragraph PARAGRAPH (aA) above.
Appears in 1 contract
Samples: Cash Management Agreement (Permanent Mortgages Trustee LTD)