Common use of Notice of Fee Rate Change Clause in Contracts

Notice of Fee Rate Change. If the Auction Agent Fee Rate is changed pursuant to the provisions of Section 6.4(b) hereof or the Broker-Dealer Fee Rate is changed pursuant to the provisions of 6.5(b) hereof, the Auction Agent shall mail a Notice of Fee Rate Change (i) to the Trustee with respect to a change in the Auction Agent Fee Rate and the Broker-Dealer Fee Rate and (ii) to the Broker-Dealers with respect to a change in the Broker-Dealer Fee Rate, in each case within two Business Days of such change.

Appears in 7 contracts

Samples: Auction Agent Agreement (Education Loans Inc /De), Auction Agent Agreement (Education Loans Inc /De), Auction Agent Agreement (Education Loans Inc /De)

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Notice of Fee Rate Change. If the Auction Agent Fee Rate is changed pursuant to the provisions of Section 6.4(b) hereof or the Broker-Dealer Fee Rate is changed pursuant to the provisions of Section 6.5(b) hereof, the Auction Agent shall mail deliver a Notice of Fee Rate Change (i) to the Indenture Trustee with respect to a change in the Auction Agent Fee Rate and the Broker-Dealer Fee Rate and (ii) to the Broker-Dealers with respect to a change in the Broker-Dealer Fee Rate, in each case within two Business Days of such change.

Appears in 4 contracts

Samples: Auction Agent Agreement (Education Capital I LLC), Auction Agent Agreement (Education Funding Capital Trust I), Auction Agent Agreement (Education Capital I LLC)

Notice of Fee Rate Change. If the Auction Agent Fee Rate is changed pursuant to the provisions of Section 6.4(b) hereof or the Broker-Dealer Fee Rate is changed pursuant to the provisions of 6.5(b) hereof, the Auction Agent shall mail a Notice of Fee Rate Change (i) to the Trustee Indenture Trustee, the Eligible Lender Trustee, the Administrator and the Surety Provider with respect to a change in the Auction Agent Fee Rate and the Broker-Dealer Fee Rate and (ii) to the Broker-Dealers with respect to a change in the Broker-Dealer Fee Rate, in each case within two Business Days of such change.

Appears in 2 contracts

Samples: Auction Agent Agreement (Classnotes Inc), Auction Agent Agreement (Classnotes Inc)

Notice of Fee Rate Change. If the Auction Agent Fee Rate is changed pursuant to the provisions of Section 6.4(b) hereof or the Broker-Dealer Fee Rate is changed pursuant to the provisions of 6.5(b) hereof, the Auction Agent shall mail deliver a Notice of Fee Rate Change (i) to the Trustee with respect to a change in the Auction Agent Fee Rate and the Broker-Dealer Fee Rate and (ii) to the Broker-Dealers with respect to a change in the Broker-Dealer Fee Rate, in each case within two Business Days of such change.

Appears in 2 contracts

Samples: Auction Agent Agreement (Education Loans Inc /De), Auction Agent Agreement (Education Loans Inc /De)

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Notice of Fee Rate Change. If the Auction Agent Fee Rate ------------------------- is changed pursuant to the provisions of Section 6.4(b) hereof or the Broker-Dealer Fee Rate is changed pursuant to the provisions of 6.5(b) hereof, the Auction Agent shall mail a Notice of Fee Rate Change (i) to the Trustee with respect to a change in the Auction Agent Fee Rate and the Broker-Broker- Dealer Fee Rate and (ii) to the Broker-Dealers with respect to a change in the Broker-Dealer Fee Rate, in each case within two Business Days of such change.

Appears in 1 contract

Samples: Auction Agent Agreement (Education Loans Inc /De)

Notice of Fee Rate Change. If the Auction Agent Fee Rate is changed pursuant to the provisions of Section 6.4(b) hereof or the Broker-Dealer Fee Rate is changed pursuant to the provisions of 6.5(b) hereof, the Auction Agent shall mail a Notice of Fee Rate Change (i) to the Trustee with respect to a change in the Auction Agent Fee Rate and the Broker-Broker- Dealer Fee Rate and (ii) to the Broker-Dealers with respect to a change in the Broker-Dealer Fee Rate, in each case within two Business Days of such change.

Appears in 1 contract

Samples: Auction Agent Agreement (Education Loans Inc /De)

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