Common use of Fees Payable Clause in Contracts

Fees Payable. So long as YBS or any member of the YBS Group is acting as Cash Manager, the Issuer shall pay to the Cash Manager for the Cash Management Services a cash management fee of 0.01 per cent. per annum on the aggregate Current Balance of the Loans in the Portfolio as determined on the last day of the calendar month before the preceding Calculation Date. Any sum (or other consideration) payable (or provided) by the Issuer to YBS (or any member of the YBS Group) acting as Cash Manager pursuant to this Agreement shall be deemed to be inclusive of VAT, if any, chargeable on any supply for which the cash management fee is the consideration (in whole or part) for VAT purposes. Section 89 of the Value Added Tax Act 1994 shall not apply to affect the amount of the cash management fee paid by the Issuer to the Cash Manager pursuant to this Clause 9.1 (Fees payable). If a replacement cash manager from outside the YBS Group is appointed in accordance with the terms of this Agreement, the Issuer shall pay the replacement cash manager for its services hereunder a fee to be determined at the time of such appointment in accordance with the provisions of this Agreement.

Fees Payable. So long as YBS or any member of the YBS Group is acting as Cash Manager, the Issuer shall pay to the Cash Manager for the Cash Management Services a cash management fee of 0.01 per cent. per annum on the aggregate Current Balance of the Loans in the Portfolio as determined on the last day of the calendar month before the preceding Calculation Date. Any sum (or other consideration) payable (or provided) by the Issuer to YBS (or any member of the YBS Group) acting as Cash Manager pursuant to this Agreement shall be deemed to be inclusive of VAT, if any, chargeable on any supply for which the cash management fee is the consideration (in whole or part) for VAT purposes. Section 89 of the Value Added Tax Act 1994 shall not apply to affect the amount of the cash management fee paid by the Issuer to the Cash Manager pursuant to this Clause 9.1 (Fees payable). If a replacement cash manager from outside the YBS Group is appointed in accordance with the terms of this Agreement, the Issuer shall pay the replacement cash manager for its services hereunder a fee to be determined at the time of such appointment in accordance with the provisions of this Agreement.

Fees Payable. So long as YBS or any member of the YBS Group is acting as Cash Manager, the Issuer shall pay to the Cash Manager for the Cash Management Services a cash management fee of 0.01 per cent. per annum on the aggregate Current Balance of the Loans in the Portfolio as determined on the last day of the calendar month before the preceding Calculation Date. Any sum (or other consideration) payable (or provided) by the Issuer to YBS (or any member of the YBS Group) acting as Cash Manager pursuant to this Agreement shall be deemed to be inclusive of VAT, if any, chargeable on any supply for which the cash management fee is the consideration (in whole or part) for VAT purposes. Section 89 of the Value Added Tax Act 1994 shall not apply to affect the amount of the cash management fee paid by the Issuer to the Cash Manager pursuant to this Clause 9.1 10.1 (Fees payable). If a replacement cash manager from outside the YBS Group is appointed in accordance with the terms of this Agreement, the Issuer shall pay the replacement cash manager for its services hereunder a fee to be determined at the time of such appointment in accordance with the provisions of this Agreement.