Common use of Review Fee Clause in Contracts

Review Fee. Following the completion of a Review and the delivery of the related Review Report pursuant to Section 3.4, or the termination of a Review according to Section 3.3(e), and the delivery to the Issuer, the Indenture Trustee, the Servicer and the Administrator of a detailed invoice in respect thereof, the Asset Representations Reviewer will be entitled to a fee of $200 for each Review Receivable for which the Review was started (the “Review Fee”). However, no Review Fee will be charged for any Review Receivable which was included in a prior Review or for which no Tests were completed prior to the Asset Representations Reviewer being notified of a termination of the Review according to Section 3.3(e) or due to missing or insufficient Review Materials under Section 3.2(b).

Appears in 65 contracts

Samples: Asset Representations Review Agreement (Toyota Auto Receivables 2024-C Owner Trust), Asset Representations Review Agreement (Toyota Auto Receivables 2024-B Owner Trust), Asset Representations Review Agreement (Toyota Auto Receivables 2024-B Owner Trust)

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Review Fee. Following the completion of a an Asset Review and the delivery to the Indenture Trustee of the related Review Report pursuant to Section 3.4Report, or the termination of a an Asset Review according to Section 3.3(e3.4(e), and the delivery to the Issuer, the Indenture Trustee, Sponsor and the Servicer and the Administrator of a detailed invoice in respect thereofinvoice, the Sponsor shall pay to the Asset Representations Reviewer will be entitled to a fee of $200 for each Review Subject Receivable for which the Asset Review was started (the “Review Fee”). However, no Review Fee will be charged for any Review Subject Receivable which was included in a prior Asset Review or for which no Tests were completed prior to the Asset Representations Reviewer being notified of a termination of the Asset Review according to Section 3.3(e) or due 3.4(e). To the extent not paid by the Sponsor and outstanding for at least 60 days, the Review Fee shall be paid by the Issuer pursuant to missing or insufficient Review Materials under Section 3.2(b)5.06 of the Sale and Servicing Agreement.

Appears in 32 contracts

Samples: Asset Representations Review Agreement (NISSAN AUTO RECEIVABLES Co II LLC), Asset Representations Review Agreement (NISSAN AUTO RECEIVABLES Co II LLC), Asset Representations Review Agreement (Nissan Auto Receivables 2021-a Owner Trust)

Review Fee. Following the completion of a Review and the delivery to the Indenture Trustee, the Issuer, the Servicer and the Administrator of the related Review Report pursuant to Section 3.4Report, or the termination of a Review according to Section 3.3(e)3.07, and the delivery to the Servicer, the Issuer, the Indenture Trustee, the Servicer Administrator and the Administrator Indenture Trustee of a detailed invoice in respect thereofinvoice, the Asset Representations Reviewer will be entitled to a fee of $200 175 for each Review Receivable Asset for which the a Review was started (the “Review Fee”). However, no Review Fee will be charged for any Review Receivable Asset which was included in a prior Review or for which no Tests were completed prior to the Asset Representations Reviewer being notified of a termination of the Review according to Section 3.3(e) 3.07 or due to missing or insufficient Review Materials under in accordance with Section 3.2(b)3.04.

Appears in 23 contracts

Samples: Asset Representations Review Agreement (BMW Vehicle Lease Trust 2024-1), Asset Representations Review Agreement (BMW Vehicle Lease Trust 2024-1), Asset Representations Review Agreement (BMW Vehicle Lease Trust 2023-2)

Review Fee. Following the completion of a an Asset Review and the delivery to the Indenture Trustee of the related Review Report pursuant to Section 3.4Report, or the termination of a an Asset Review according to Section 3.3(e3.4(e), and the delivery to the Issuer, the Indenture Trustee, Sponsor and the Servicer and the Administrator of a detailed invoice in respect thereofinvoice, the Sponsor shall pay to the Asset Representations Reviewer will be entitled to a fee of $200 for each Review Receivable Subject Lease for which the Asset Review was started (the “Review Fee”). However, no Review Fee will be charged for any Review Receivable Subject Lease which was included in a prior Asset Review or for which no Tests were completed prior to the Asset Representations Reviewer being notified of a termination of the Asset Review according to Section 3.3(e) or due 3.4(e). To the extent not paid by the Sponsor and outstanding for at least 60 days, the Review Fee shall be paid by the Issuer pursuant to missing or insufficient Review Materials under Section 3.2(b)8.04 of the Indenture.

Appears in 16 contracts

Samples: Asset Representations Review Agreement (Nissan Auto Leasing LLC Ii), Asset Representations Review Agreement (Nissan Auto Leasing LLC Ii), Asset Representations Review Agreement (Nissan Auto Leasing LLC Ii)

Review Fee. Following the completion of a Review and the delivery to the Indenture Trustee, the Issuer, the Sellers, the Servicer and the Administrator of the related Review Report pursuant to Section 3.4Report, or the termination of a Review according to Section 3.3(e)3.07, and the delivery to the Servicer, the Sellers, the Issuer, the Indenture Trustee, the Servicer Administrator and the Administrator Indenture Trustee of a detailed invoice in respect thereofinvoice, the Asset Representations Reviewer will be entitled to a fee of $200 175 for each Review Receivable Asset for which the a Review was started (the “Review Fee”). However, no Review Fee will be charged for any Review Receivable Asset which was included in a prior Review or for which no Tests were completed prior to the Asset Representations Reviewer being notified of a termination of the Review according to Section 3.3(e) 3.07 or due to missing or insufficient Review Materials under in accordance with Section 3.2(b)3.04.

Appears in 12 contracts

Samples: Asset Representations Review Agreement (BMW Vehicle Owner Trust 2024-A), Asset Representations Review Agreement (BMW Vehicle Owner Trust 2024-A), Asset Representations Review Agreement (BMW Vehicle Owner Trust 2023-A)

Review Fee. Following the completion of a an Asset Review and the delivery to the Indenture Trustee of the related Review Report pursuant to Section 3.4Report, or the termination of a an Asset Review according to Section 3.3(e3.4(e), and the delivery to the Issuer, the Indenture Trustee, Sponsor and the Servicer and the Administrator of a detailed invoice in respect thereofinvoice, the Sponsor shall pay to the Asset Representations Reviewer will be entitled to a fee of $200 for each Review Receivable Subject Lease for which the Asset Review was started (the “Review Fee”). However, no Review Fee will be charged for any Review Receivable Subject Lease which was included in a prior Asset Review or for which no Tests were completed prior to the Asset Representations Reviewer being notified of a termination of the Asset Review according to Section 3.3(e3.4(e). To the extent not paid by the Sponsor and outstanding for at least sixty (60) or due days, the Review Fee shall be paid by the Issuing Entity pursuant to missing or insufficient Review Materials under Section 3.2(b)8.04 of the Indenture.

Appears in 10 contracts

Samples: Asset Representations Review Agreement (Nissan Auto Lease Trust 2024-B), Asset Representations Review Agreement (Nissan Auto Lease Trust 2024-B), Asset Representations Review Agreement (Nissan Auto Lease Trust 2024-A)

Review Fee. Following the completion of a an Asset Review and the delivery of the related Review Report pursuant to Section 3.43.04, or the termination of a an Asset Review according to Section 3.3(e3.03(e), and the delivery to the Issuer, the Indenture Trustee, Trustee and the Servicer and the Administrator of a detailed invoice in respect thereofinvoice, the Asset Representations Reviewer will be entitled to a fee of $200 200.00 for each Review Subject Receivable for which the Asset Review was started (the “Review Fee”). However, no Review Fee will be charged for any Review Subject Receivable which was included in a prior Asset Review or for which no Tests were completed prior to the Asset Representations Reviewer being notified of a termination of the Asset Review according to Section 3.3(e3.03(e) or due to missing or insufficient Review Materials under Section 3.2(b3.02(b).

Appears in 10 contracts

Samples: Asset Representations Review Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Asset Representations Review Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Asset Representations Review Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)

Review Fee. Following the completion of a an Asset Review and the delivery of the related Review Report pursuant to Section 3.43.04, or the termination of a an Asset Review according to Section 3.3(e3.03(e), and the delivery to the Issuer, the Indenture Trustee, Trustee and the Servicer and the Administrator of a detailed invoice in respect thereofinvoice, the Asset Representations Reviewer will be entitled to a fee of $200 200.00 for each Review Receivable Subject Lease for which the Asset Review was started (the “Review Fee”). However, no Review Fee will be charged for any Review Receivable Subject Lease which was included in a prior Asset Review or for which no Tests were completed prior to the Asset Representations Reviewer being notified of a termination of the Asset Review according to Section 3.3(e3.03(e) or due to missing or insufficient Review Materials under Section 3.2(b3.02(b).

Appears in 7 contracts

Samples: Asset Representations Review Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Asset Representations Review Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Asset Representations Review Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)

Review Fee. Following the completion of a Review and the delivery of the related Review Report pursuant to Section 3.43.04, or the termination of a Review according to Section 3.3(e3.03(e), and the delivery to the Issuer, the Indenture Trustee, the Servicer and the Administrator of a detailed invoice in respect thereofinvoice, the Asset Representations Reviewer will be entitled to a fee of $200 200.00 for each Review Receivable Contract for which the Review was started (the “Review Fee”). However, no Review Fee will be charged for any Review Receivable Contract (i) which was included in a prior Review or Review, (ii) for which no Tests were completed prior to the Asset Representations Reviewer being notified of a termination of the Review according to Section 3.3(e3.03(e), or (iii) or due to missing or insufficient Review Materials under Section 3.2(b3.02(b).

Appears in 4 contracts

Samples: Asset Representations Review Agreement (Harley-Davidson Motorcycle Trust 2021-A), Asset Representations Review Agreement (Harley-Davidson Motorcycle Trust 2021-A), Asset Representations Review Agreement (Harley-Davidson Motorcycle Trust 2020-A)

Review Fee. Following the completion of a an Asset Review and the delivery of the related Review Report pursuant to Section 3.43.04, or the termination of a an Asset Review according to Section 3.3(e3.03(e), and the delivery to the Issuer, the Indenture Trustee, Trustee and the Servicer and the Administrator of a detailed invoice in respect thereofinvoice, the Asset Representations Reviewer will be entitled to a fee of $200 [ ] for each Review Subject Receivable for which the Asset Review was started (the “Review Fee”). However, no Review Fee will be charged for any Review Subject Receivable which was included in a prior Asset Review or for which no Tests were completed prior to the Asset Representations Reviewer being notified of a termination of the Asset Review according to Section 3.3(e3.03(e) or due to missing or insufficient Review Materials under Section 3.2(b3.02(b).

Appears in 4 contracts

Samples: Asset Representations Review Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Asset Representations Review Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Asset Representations Review Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)

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Review Fee. Following the completion of a Review and the delivery of the related Review Report pursuant to Section 3.43.04, or the termination of a Review according to Section 3.3(e3.03(e), and the delivery to the Issuer, the Indenture Trustee, the Servicer and the Administrator of a detailed invoice in respect thereofinvoice, the Asset Representations Reviewer will be entitled to a fee of $200 [____] for each Review Receivable Contract for which the Review was started (the “Review Fee”). However, no Review Fee will be charged for any Review Receivable Contract (i) which was included in a prior Review or Review, (ii) for which no Tests were completed prior to the Asset Representations Reviewer being notified of a termination of the Review according to Section 3.3(e3.03(e), or (iii) or due to missing or insufficient Review Materials under Section 3.2(b3.02(b).

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Harley-Davidson Customer Funding Corp.), Asset Representations Review Agreement (Harley-Davidson Customer Funding Corp.)

Review Fee. Following the completion of a Review and the delivery of the related Review Report pursuant to Section 3.4, or the termination of a Review according to Section 3.3(e), and the delivery to the Issuer, the Indenture Trustee, the Servicer and the Administrator of a detailed invoice in respect thereof, the Asset Representations Reviewer will be entitled to a fee of $200 [____] for each Review Receivable for which the Review was started (the “Review Fee”). However, no Review Fee will be charged for any Review Receivable which was included in a prior Review or for which no Tests were completed prior to the Asset Representations Reviewer being notified of a termination of the Review according to Section 3.3(e) or due to missing or insufficient Review Materials under Section 3.2(b).

Appears in 2 contracts

Samples: Review Agreement (Toyota Auto Finance Receivables LLC), Review Agreement (Toyota Auto Finance Receivables LLC)

Review Fee. Following the completion of a Review and the delivery of the related Review Report pursuant to Section 3.43.04, or the termination of a Review according to Section 3.3(e3.03(e), and the delivery to the Issuer, the Indenture Trustee, the Servicer and the Administrator of a detailed invoice in respect thereofinvoice, the Asset Representations Reviewer will be entitled to a fee of $200 200.00 for each Review Receivable Contract for which the Review was started (the “Review Fee”). However, no Review Fee will be charged for any Review Receivable Contract (i) which was included in a prior Review or Review, (ii) for which no Tests were completed prior to the Asset Representations Reviewer being notified of a termination of the Review according to Section 3.3(e3.03(e), or (iii) or due to missing incomplete or insufficient Review Materials under Section 3.2(b3.02(b).

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Harley-Davidson Motorcycle Trust 2023-A), Asset Representations Review Agreement (Harley-Davidson Motorcycle Trust 2023-A)

Review Fee. Following the completion of a an Asset Review and the delivery of the related Review Report pursuant to Section 3.43.04, or the termination of a an Asset Review according to Section 3.3(e3.03(e), and the delivery to the Issuer, the Indenture Trustee, Trustee and the Servicer and the Administrator of a detailed invoice in respect thereofinvoice, the Asset Representations Reviewer will be entitled to a fee of $200 [ ] for each Review Receivable Subject Lease for which the Asset Review was started (the “Review Fee”). However, no Review Fee will be charged for any Review Receivable Subject Lease which was included in a prior Asset Review or for which no Tests were completed prior to the Asset Representations Reviewer being notified of a termination of the Asset Review according to Section 3.3(e3.03(e) or due to missing or insufficient Review Materials under Section 3.2(b3.02(b).

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Vw Credit Leasing LTD), Asset Representations Review Agreement (Vw Credit Leasing LTD)

Review Fee. Following the completion of a an Asset Review and the delivery of the related Review Report pursuant to Section 3.43.04, or the termination of a an Asset Review according to Section 3.3(e3.03(e), and the delivery to the Issuer, the Indenture Trustee, Trustee and the Servicer and the Administrator of a detailed invoice in respect thereofinvoice, the Asset Representations Reviewer will be entitled to a fee of $200 [____] for each Review Receivable Subject Lease for which the Asset Review was started (the “Review Fee”). However, no Review Fee will be charged for any Review Receivable Subject Lease which was included in a prior Asset Review or for which no Tests were completed prior to the Asset Representations Reviewer being notified of a termination of the Asset Review according to Section 3.3(e3.03(e) or due to missing or insufficient Review Materials under Section 3.2(b3.02(b).

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Vw Credit Leasing LTD), Asset Representations Review Agreement (Vw Credit Leasing LTD)

Review Fee. Following the completion of a Review and the delivery to the Indenture Trustee, the Issuer, the Servicer and the Administrator of the related Review Report pursuant to Section 3.4Report, or the termination of a Review according to Section 3.3(e)3.07, and the delivery to the Servicer, the Issuer, the Indenture Trustee, the Servicer Administrator and the Administrator Indenture Trustee of a detailed invoice in respect thereofinvoice, the Asset Representations Reviewer will be entitled to a fee of $200 [_] for each Review Receivable Asset for which the a Review was started (the “Review Fee”). However, no Review Fee will be charged for any Review Receivable Asset which was included in a prior Review or for which no Tests were completed prior to the Asset Representations Reviewer being notified of a termination of the Review according to Section 3.3(e) 3.07 or due to missing or insufficient Review Materials under in accordance with Section 3.2(b)3.04.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Financial Services Vehicle Trust), Asset Representations Review Agreement (Financial Services Vehicle Trust)

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