Servicer's Fee Sample Clauses

Servicer's Fee. The "Servicer's Fee" relating to any Undivided Interest accrued for any day means
AutoNDA by SimpleDocs
Servicer's Fee. The Servicer will be entitled to receive in respect of each monthly Accrual Period on the following Monthly Distribution Date in accordance with the terms of this Deed the fee agreed by the Trustee and the Servicer prior to the date of this Deed or as may otherwise be agreed by the Trustee, the Manager and the Servicer provided that each Rating Agency will be given 3 Business Days' prior notice by the Manager of any variation of the Servicer's Fee and the Servicer's Fee will not be varied if such variation would result in a reduction, qualification or withdrawal of any then current credit rating of any Security.
Servicer's Fee. The "Servicer's Fee" for any Undivided Interest at any time means (i) an amount accrued for each day equal to 1.00% per annum times the Dollar Amount of the related Purchasers' Investments at the close of business on such day, times 1/360; or (ii) on Servicer's reasonable request from and after any time that API shall no longer be Servicer, an alternative amount charged by Servicer to perform its obligations under this Agreement. Notwithstanding any other provision to this Agreement to the contrary, Servicer's Fee shall be a joint and several recourse obligation of the Sellers.
Servicer's Fee. Seller hereby agrees to pay to Servicer a fee (the "Servicer's Fee") for each calendar month (or portion thereof in which such Person was acting as Servicer) from and including the date hereof to but excluding the date on which
Servicer's Fee. 93 19.5 Security Trustee's Fees and Expenses............................93 19.6
Servicer's Fee. Subject to Section 13(a) hereof, the Buyer shall pay the Servicers a one-time fee of $500,000 on the Closing Date and an annual fee equal to $250,000 in cash (the “Annual Fee”) as consideration for Servicers’ performance under this Agreement, payable annually in arrears and subject to proration based on a year comprised of 12 months. Such Annual Fee shall be paid irrespective of any limitations under any document to which the Buyer, the Company or any of their affiliates are parties and shall be due on December 31 of each year; provided that the final Annual Fee(s) owing to the Servicers shall be paid on the Termination Date.
Servicer's Fee. The amount of the Servicing Fee which the Servicer shall be entitled to receive on each Cash Provision Fee Payment Date shall be determined by multiplying the average Borrowing Base during the Settlement Period ending on such Settlement Date TIMES 1.00% TIMES 1/52.
AutoNDA by SimpleDocs
Servicer's Fee. Seller shall be responsible for the payment of (and, if paid by Purchaser or Administrator, shall on demand reimburse Purchaser or the Administrator for) Seller's Portion of the Servicing Fee. "Seller's Portion of the Servicing Fee" for any Settlement Period means an amount equal to (i) the Servicer's Fee Rate times (ii) (x) the aggregate Unpaid Balance of the Pool Receivables as of the first day of such Settlement Period minus (y) the Purchaser's Total Investment on that Settlement Date times (iii) 1/360 times (iv) the number of days in such Settlement Period.
Servicer's Fee. The "SERVICER'S FEE" relating to any Undivided Interest accrued for any day means
Servicer's Fee. Seller shall be responsible for the payment of -------------- (and, if paid by Purchaser or Administrator, shall on demand reimburse Purchaser or the Administrator for) Seller's Portion of the Servicing Fee. "Seller's -------- Portion of the Servicing Fee" for any Settlement Period means an amount equal to ---------------------------- (i) the Servicer's Fee Rate times (ii) (x) the aggregate Unpaid Balance of the ----- Pool Receivables as of the first day of such Settlement Period minus (y) the Purchaser's Total Investment on that Settlement Date times (iii) 1/360 times ----- ----- (iv) the number of days in such Settlement Period.
Time is Money Join Law Insider Premium to draft better contracts faster.