Common use of Servicing Fee Clause in Contracts

Servicing Fee. (a) Subject to clause (b), the Servicer shall be paid a fee equal to 0.50% per annum (the “Servicing Fee Rate”) of the daily average aggregate Outstanding Balance of the Pool Receivables. The Issuer’s Share of such fee shall be paid through the distributions contemplated by Section 1.4(d), and the Seller’s Share of such fee shall be paid by the Seller on each Settlement Date. (b) If the Servicer ceases to be UGI or an Affiliate thereof, the servicing fee shall be the greater of: (i) the amount calculated pursuant to clause (a), and (ii) an alternative amount specified by the successor Servicer not to exceed 110% of the aggregate reasonable costs and expenses incurred by such successor Servicer in connection with the performance of its obligations as Servicer.

Appears in 4 contracts

Samples: Receivables Purchase Agreement (Ugi Corp /Pa/), Receivables Purchase Agreement (Ugi Corp /Pa/), Receivables Purchase Agreement (Ugi Corp /Pa/)

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Servicing Fee. (a) Subject to clause (b), the Servicer shall be paid a fee (the “Servicing Fee”) equal to 0.501.00% per annum (the “Servicing Fee Rate”) of the daily average aggregate Outstanding Balance of the Pool Receivables. The Issuer’s Purchasers’ Share of such fee shall be paid through the distributions contemplated by Section 1.4(d), and the Seller’s Share of such fee shall be paid by the Seller on each Settlement Date. (b) If the Servicer ceases to be UGI Arch Sales or an Affiliate thereof, the servicing fee shall be the greater of: (i) the amount calculated pursuant to clause (a), and (ii) an alternative amount specified by the successor Servicer not to exceed 110% of the aggregate reasonable costs and expenses incurred by such successor Servicer in connection with the performance of its obligations as ServicerServicer hereunder.

Appears in 3 contracts

Samples: Receivables Purchase Agreement (Arch Coal Inc), Receivables Purchase Agreement (Arch Coal Inc), Receivables Purchase Agreement (Arch Coal Inc)

Servicing Fee. (a) Subject to clause (b)) below, the Seller shall pay the Servicer shall be paid a fee (the “Servicing Fee”) equal to 0.501.00% per annum (the “Servicing Fee Rate”) of the daily average aggregate Outstanding Unpaid Balance of the Pool Eligible Receivables. The Issuer’s Share of such fee Accrued Servicing Fees shall be paid through payable from Collections to the distributions contemplated by extent of available funds in accordance with Section 1.4(d3.01(b), and the Seller’s Share of such fee shall be paid by the Seller on each Settlement Date. (b) If the Servicer ceases to be UGI Audacy Operations or an Affiliate thereof, the servicing fee Servicing Fee shall be the greater of: (i) the amount calculated pursuant to clause (a), ) above and (ii) an alternative amount specified by the successor Servicer not to exceed 110% of the aggregate reasonable costs and expenses incurred by such successor Servicer in connection with the performance of its obligations as ServicerServicer hereunder.

Appears in 3 contracts

Samples: Receivables Purchase Agreement (Audacy, Inc.), Receivables Purchase Agreement (Audacy, Inc.), Receivables Purchase Agreement (Audacy, Inc.)

Servicing Fee. (a) Subject to clause (b)) below, the Seller shall pay the Servicer shall be paid a fee (the “Servicing Fee”) equal to 0.501.00% per annum (the “Servicing Fee Rate”) of the U.S. Dollar Equivalent of the daily average aggregate Outstanding Balance of the Pool Receivables. The Issuer’s Share of such fee Accrued Servicing Fees shall be paid through payable from Collections to the distributions contemplated by extent of available funds in accordance with Section 1.4(d), and the Seller’s Share of such fee shall be paid by the Seller on each Settlement Date3.01. (b) If the Servicer ceases to be UGI Centric or an Affiliate thereof, the servicing fee Servicing Fee shall be the greater of: (i) the amount calculated pursuant to clause (a), ) above and (ii) an alternative amount specified by the successor Servicer not to exceed 110% of the aggregate reasonable costs and expenses incurred by such successor Servicer in connection with the performance of its obligations as ServicerServicer hereunder.

Appears in 3 contracts

Samples: Receivables Purchase Agreement (Centric Brands Inc.), Receivables Purchase Agreement (Centric Brands Inc.), Receivables Purchase Agreement (Centric Brands Inc.)

Servicing Fee. (a) Subject to clause paragraph (b), the Servicer shall be paid a fee (the “Servicing Fee”) equal to 0.501.00% per annum (the “Servicing Fee Rate”) of the daily average aggregate Outstanding Balance of the Pool Receivables. The Issuer’s Purchasers’ Share of such fee shall be paid through the distributions contemplated by Section 1.4(d), and the Seller’s Share of such fee shall be paid directly by the Seller on each Settlement DateSeller. (b) If the Servicer ceases to be UGI Triumph or an Affiliate thereof, the servicing fee shall be the greater of: (i) the amount calculated pursuant to clause paragraph (a), and (ii) an alternative amount specified by the successor Servicer not to exceed 110105% of the aggregate reasonable costs and expenses incurred by such successor Servicer in connection with the performance of its obligations as Servicer.

Appears in 3 contracts

Samples: Receivables Purchase Agreement (Triumph Group Inc), Receivables Purchase Agreement (Triumph Group Inc), Receivables Purchase Agreement (Triumph Group Inc /)

Servicing Fee. (a) Subject to clause (b), the Servicer shall be paid a fee (the “Servicing Fee”) equal to 0.501.00% per annum (the “Servicing Fee Rate”) of the daily average aggregate Outstanding Balance of the Pool Receivables. The Issuer’s Purchasers’ Share of such fee shall be paid through the distributions contemplated by Section 1.4(d), and the Seller’s Share of such fee shall be paid directly by the Seller on each Settlement DateSeller. (b) If the Servicer ceases to be UGI Cxxxxx Tire or an Affiliate thereof, the servicing fee shall be the greater of: (i) the amount calculated pursuant to clause (a), and (ii) an alternative amount specified by the successor Servicer not to exceed 110% of the aggregate reasonable costs and expenses incurred by such successor Servicer in connection with the performance of its obligations as Servicer.

Appears in 3 contracts

Samples: Receivables Purchase Agreement (Cooper Tire & Rubber Co), Receivables Purchase Agreement (Cooper Tire & Rubber Co), Receivables Purchase Agreement (Cooper Tire & Rubber Co)

Servicing Fee. (a) Subject to clause (b), the Servicer shall be paid a fee (the “Servicing Fee”) equal to 0.501.00% per annum (the “Servicing Fee Rate”) of the daily average aggregate Outstanding Balance of the Pool Receivables. The Issuer’s Purchasers’ Share of such fee shall be paid through the distributions contemplated by Section 1.4(d), and the Seller’s Share of such fee shall be paid by the Seller on each Settlement Date. (b) If the Servicer ceases to be UGI Arch Sales or an Affiliate thereof, the servicing fee shall be the greater of: (i) the amount calculated pursuant to clause (a), and (ii) an alternative amount specified by the successor Servicer not to exceed 110% of the aggregate reasonable costs and expenses incurred by such successor Servicer in connection with the performance of its obligations as Servicer.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Arch Coal Inc), Receivables Purchase Agreement (Arch Coal Inc)

Servicing Fee. (a) Subject to clause (b), the Servicer shall be paid a fee (the “Servicing Fee”) equal to 0.501.00% per annum (the “Servicing Fee Rate”) of the daily average aggregate Outstanding Balance of the Pool Receivables. The Issuer’s Purchasers’ Share of such fee shall be paid through the distributions contemplated by Section 1.4(d), and the Seller’s Share of such fee shall be paid directly by the Seller on each Settlement DateSeller. (b) If the Servicer ceases to be UGI FleetCor or an Affiliate thereof, the servicing fee shall be the greater of: (i) the amount calculated pursuant to clause (a), and (ii) an alternative amount specified by the successor Servicer not to exceed 110% of the aggregate reasonable costs and expenses incurred by such successor Servicer in connection with the performance of its obligations as Servicer.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Fleetcor Technologies Inc), Receivables Purchase Agreement (Fleetcor Technologies Inc)

Servicing Fee. (a) Subject to clause (b), the Servicer shall be paid a fee equal to 0.500.25% per annum (the "Servicing Fee Rate") of the daily average aggregate Outstanding Balance of the Pool Receivables. The Issuer’s Banks' Share of such fee shall be paid through the distributions contemplated by Section 1.4(d), and the Seller’s 's Share of such fee shall be paid by the Seller on each Settlement DateSeller. (b) If the Servicer ceases to be UGI Weirton or an Affiliate thereof, the servicing fee shall be the greater of: : (i) the amount calculated pursuant to clause (a), ) and (ii) an alternative amount specified by the successor Servicer not to exceed 110% of the aggregate reasonable costs and expenses incurred by such successor Servicer in connection with the performance of its obligations as Servicer.

Appears in 2 contracts

Samples: Receivables Participation Agreement (Weirton Steel Corp), Receivables Participation Agreement (Weirton Steel Corp)

Servicing Fee. (a) Subject to clause (b), the Servicer shall be paid a fee (the "Servicing Fee") equal to 0.501.00% per annum (the “Servicing Fee Rate”) of the daily average aggregate Outstanding Balance of the Pool Receivables. The Issuer’s Aggregate of each Purchaser Group's Ratable Share of such fee shall be paid through the distributions contemplated by Section 1.4(d), and the Seller’s 's Share of such fee shall be paid by the Seller on each Settlement DateSeller. (b) If the Servicer ceases to be UGI York or an Affiliate thereof, the servicing fee shall be the greater of: : (i) the amount calculated pursuant to clause (a), and (ii) an alternative amount specified by the successor Servicer not to exceed 110% of the aggregate reasonable costs and expenses incurred by such successor Servicer in connection with the performance of its obligations as Servicer.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (York International Corp /De/), Receivables Purchase Agreement (York International Corp /De/)

Servicing Fee. (a) Subject to clause (b), the Servicer shall be paid a fee equal to 0.501.00% per annum (the “Servicing Fee Rate”) of the daily average aggregate Outstanding Balance of the Pool Receivables. The Issuer’s Purchasers’ Share of such fee shall be paid through the distributions contemplated by Section 1.4(d), and the Seller’s Share of such fee shall be paid by the Seller on each Settlement Date. (b) If the Servicer ceases to be UGI AAR or an Affiliate thereof, the servicing fee shall be the greater of: (i) the amount calculated pursuant to clause (a), and (ii) an alternative amount specified by the successor Servicer not to exceed 110% of the aggregate reasonable costs and expenses incurred by such successor Servicer in connection with the performance of its obligations as Servicer.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Aar Corp)

Servicing Fee. (a) Subject to clause (b), the Servicer shall be paid a fee equal to 0.501.00% per annum (the "Servicing Fee Rate") of the daily average aggregate Outstanding Balance of the Pool Receivables. The Issuer’s 's Share of such fee shall be paid through the distributions contemplated by Section 1.4(d), and the Seller’s 's Share of such fee shall be paid by the Seller on each Monthly Settlement Date. (b) If the Servicer ceases to be UGI Church & Dwight or an Affiliate thereof, the servicing fee shall be the greater ofox: (ix) the amount calculated pursuant to clause (a), and (ii) an alternative amount specified by the successor Servicer not to exceed 110% of the aggregate reasonable costs and expenses incurred by such successor Servicer in connection with the performance of its obligations as Servicer.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Church & Dwight Co Inc /De/)

Servicing Fee. (a) Subject to clause paragraph (b), the Servicer shall be paid a fee (the “Servicing Fee”) equal to 0.501.00% per annum (the “Servicing Fee Rate”) of the daily average aggregate Outstanding Balance of the Pool Receivables. The Issuer’s Purchasers’ Share of such fee shall be paid through the distributions contemplated by Section 1.4(d), and the Seller’s Share of such fee shall be paid directly by the Seller on each Settlement DateSeller. (b) If the Servicer ceases to be UGI CB or an Affiliate thereof, the servicing fee shall be the greater of: (i) the amount calculated pursuant to clause paragraph (a), and (ii) an alternative amount specified by the successor Servicer not to exceed 110% of the aggregate reasonable costs and expenses incurred by such successor Servicer in connection with the performance of its obligations as Servicer.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Cincinnati Bell Inc)

Servicing Fee. (a) Subject to clause (b), the Servicer shall be paid a fee equal to 0.501.00% per annum (the “Servicing Fee Rate”) of the daily average aggregate Outstanding Balance of the Pool Receivables. The Issuer’s Share of such fee shall be paid through the distributions contemplated by Section 1.4(d), and the Seller’s Share of such fee shall be paid by the Seller on each Settlement Date. (b) If the Servicer ceases to be UGI Xxxxxxxxx or an Affiliate thereof, the servicing fee shall be the greater of: (i) the amount calculated pursuant to clause (a), and or (ii) an alternative amount specified by the successor Servicer not to exceed 110% of the aggregate reasonable costs and expenses incurred by such successor Servicer in connection with the performance of its obligations as Servicer.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Carpenter Technology Corp)

Servicing Fee. (a) Subject to clause (b), the Servicer shall be paid a fee (the “Servicing Fee”) equal to 0.501.00% per annum (the “Servicing Fee Rate”) of the daily average aggregate Outstanding Balance of the Pool Receivables. The Issuer’s Purchasers’ Share of such fee shall be paid through the distributions contemplated by Section 1.4(d), and the Seller’s Share of such fee shall be paid directly by the Seller on each Settlement DateSeller. (b) If the Servicer ceases to be UGI Patriot or an Affiliate thereof, the servicing fee shall be the greater of: (i) the amount calculated pursuant to clause (a), and (ii) an alternative amount specified by the successor Servicer not to exceed 110% of the aggregate reasonable costs and expenses incurred by such successor Servicer in connection with the performance of its obligations as Servicer.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Patriot Coal CORP)

Servicing Fee. (a) Subject to clause (b)) below, the Borrower shall pay the Servicer shall be paid a fee (the “Servicing Fee”) equal to 0.501.00% per annum (the “Servicing Fee Rate”) of the daily average aggregate Outstanding Unpaid Balance of the Pool ReceivablesReceivables as of the last day of each Settlement Period. The Issuer’s Share of such fee Accrued Servicing Fees shall be paid through payable from Collections to the distributions contemplated by extent of available funds in accordance with Section 1.4(d3.01(a), and the Seller’s Share of such fee shall be paid by the Seller on each Settlement Date. (b) If the Servicer ceases to be UGI Oncor or an Affiliate thereof, the servicing fee Servicing Fee shall be the greater of: : (i) the amount calculated pursuant to clause (a), ) above and (ii) an alternative amount specified by the successor Servicer not to exceed 110% of the aggregate reasonable costs and expenses incurred by such successor Servicer in connection with the performance of its obligations as ServicerServicer hereunder.

Appears in 1 contract

Samples: Receivables Financing Agreement (Oncor Electric Delivery Co LLC)

Servicing Fee. (a) Subject to clause paragraph (b), the Servicer shall be paid a fee (the “Servicing Fee”) equal to 0.501.00% per annum (the “Servicing Fee Rate”) of the daily average aggregate Outstanding Balance of the Pool Receivables. The Issuer’s Purchasers' Share of such fee shall be paid through the distributions contemplated by Section 1.4(d), and the Seller’s 's Share of such fee shall be paid directly by the Seller on each Settlement DateSeller. (b) If the Servicer ceases to be UGI CB or an Affiliate thereof, the servicing fee Servicing Fee shall be the greater of: (i) the amount calculated pursuant to clause paragraph (a), and (ii) an alternative amount specified by the successor Servicer not to exceed 110% of the aggregate reasonable costs and expenses incurred by such successor Servicer in connection with the performance of its obligations as Servicer.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Cincinnati Bell Inc)

Servicing Fee. (a) Subject to clause (b), the Servicer shall be paid a fee (the “Servicing Fee”) equal to 0.501.00% per annum (the “Servicing Fee Rate”) of the daily average aggregate Outstanding Balance of the Pool Receivables. The Issuer’s Purchasers’ Share of such fee shall be paid through the distributions contemplated by Section 1.4(d), and the Seller’s Share of such fee shall be paid directly by the Seller on each Settlement DateSeller. (b) If the Servicer ceases to be UGI ANR or an Affiliate thereof, the servicing fee shall be the greater of: (i) the amount calculated pursuant to clause (a), and (ii) an alternative amount specified by the successor Servicer not to exceed 110% of the aggregate reasonable costs and expenses incurred by such successor Servicer in connection with the performance of its obligations as Servicer.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Alpha Natural Resources, Inc.)

Servicing Fee. (a) Subject to clause (b), the Servicer shall be paid a fee equal to 0.501.0% per annum (the "Servicing Fee Rate") of the daily average aggregate Outstanding Balance of the Pool Receivables. The Issuer’s 's Share of such fee shall be paid through the distributions contemplated by Section 1.4(d), and the Seller’s 's Share of such fee shall be paid by the Seller on each Settlement Date. (b) If the Servicer ceases to be UGI KSI or an Affiliate thereof, the servicing fee shall be the greater of: : (i) the amount calculated pursuant to clause (a), and (ii) an alternative amount specified by the successor Servicer not to exceed 110% of the aggregate reasonable costs and expenses incurred by such successor Servicer in connection with the performance of its obligations as Servicer.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Kulicke & Soffa Industries Inc)

Servicing Fee. (a) Subject to clause (b), the Servicer shall be paid a fee equal to 0.501.0% per annum (the “Servicing Fee Rate”) of the daily average aggregate Outstanding Balance of the Pool Receivables. The Issuer’s Purchasers’ Share of such fee shall be paid through the distributions contemplated by Section 1.4(d)1.4, and the Seller’s Share of such fee shall be paid by the Seller on each Monthly Settlement Date. (b) If the Servicer ceases to be UGI Strategic Energy or an Affiliate thereof, the servicing fee shall be the greater of: (i) the amount calculated pursuant to clause (a), and (ii) an alternative amount specified by the successor Servicer not to exceed 110105% of the aggregate reasonable costs and expenses incurred by such successor Servicer in connection with the performance of its obligations as Servicer.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Kansas City Power & Light Co)

Servicing Fee. (a) Subject to clause (b), the Servicer shall be paid a fee equal to 0.50% per annum (the "Servicing Fee Rate") of the daily average aggregate Outstanding Balance of the Pool Receivables. The Issuer’s 's Share of such fee shall be paid through the distributions contemplated by Section 1.4(d), and the Seller’s 's Share of such fee shall be paid by the Seller on each Settlement DateSeller. (b) If the Servicer ceases to be UGI BAX or an Affiliate thereof, the servicing fee shall be the greater of: : (i) the amount calculated pursuant to clause (a), and (ii) an alternative amount specified by the successor Servicer not to exceed 110% of the aggregate reasonable costs and expenses incurred by such successor Servicer in connection with the performance of its obligations as Servicer.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Pittston Co)

Servicing Fee. (a) Subject to clause (b), the Servicer shall be paid a fee (the “Servicing Fee”) equal to 0.501.00% per annum (the “Servicing Fee Rate”) of the daily average aggregate Outstanding Balance of the Pool Receivables. The Issuer’s Purchasers’ Share of such fee shall be paid through the distributions contemplated by Section 1.4(d), and the Seller’s Share of such fee shall be paid directly by the Seller on each Settlement DateSeller. (b) If the Servicer ceases to be UGI FleetCor or an Affiliate thereof, the servicing fee shall be the greater of: (i) the amount calculated pursuant to clause (a), and (ii) an alternative amount specified by the successor Servicer not to exceed 110% of the aggregate reasonable costs and expenses incurred by such successor Servicer in connection with the performance of its obligations as Servicer.. -30-

Appears in 1 contract

Samples: Receivables Purchase Agreement (Fleetcor Technologies Inc)

Servicing Fee. (a) Subject to clause (b), the Servicer shall be paid a fee equal to 0.50% per annum (the "Servicing Fee Rate") of the daily average aggregate Outstanding Balance of the Pool Receivables. The Issuer’s 's Share of such fee shall be paid through the distributions contemplated by Section 1.4(d), and the Seller’s 's Share of such fee shall be paid by the Seller on each Monthly Settlement Date. (b) If the Servicer ceases to be UGI Lesco or an Affiliate thereof, the servicing fee shall be the greater of: : (i) the amount calculated pursuant to clause (a), and (ii) an alternative amount specified by the successor Servicer not to exceed 110% of the aggregate reasonable costs and expenses incurred by such successor Servicer in connection with the performance of its obligations as Servicer.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Lesco Inc/Oh)

Servicing Fee. (a) Subject to clause (bSection 4.6(b), the Servicer shall be paid a fee equal to 0.50.75% per annum (the "Servicing Fee Rate") of the daily average aggregate Outstanding Balance of the Pool Receivables. The Issuer’s Purchasers' Share of such fee shall be paid through solely from the distributions contemplated by Section 1.4(d1.7(d), and the Seller’s 's Share of such fee shall be paid by the Seller on each Settlement Date. (b) Seller. If the Servicer ceases to be UGI Xxxxxxx or an Affiliate thereof, of Group the servicing fee shall be the greater of: (i) the amount calculated pursuant to clause (a), and (ii) an alternative amount reasonably specified by the successor Servicer not to exceed 110% of the aggregate reasonable costs and expenses incurred by such successor Servicer in connection with the performance of its obligations as Servicer.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Warnaco Group Inc /De/)

Servicing Fee. (a) Subject to clause (b), the Servicer shall be paid a fee equal to 0.50% per annum (the "Servicing Fee Rate") of the daily average aggregate Outstanding Balance of the Pool Receivables. The Issuer’s 's Share of such fee shall be paid through the distributions contemplated by Section 1.4(d), and the Seller’s 's Share of such fee shall be paid by the Seller on each Monthly Settlement Date. (b) If the Servicer ceases to be UGI JLG or an Affiliate thereof, the servicing fee shall be the greater of: : (i) the amount calculated pursuant to clause (a), and (ii) an alternative amount specified by the successor Servicer not to exceed 110% of the aggregate reasonable costs and expenses incurred by such successor Servicer in connection with the performance of its obligations as Servicer.

Appears in 1 contract

Samples: Receivables Purchase Agreement (JLG Industries Inc)

Servicing Fee. (a) Subject to clause (b), the Servicer shall be paid a fee equal to 0.50% per annum (the “Servicing Fee RateFee”) equal to 1.0% per annum of the daily average aggregate Outstanding Balance of the Pool Receivables. The Issueraggregate of each Purchaser Group’s Ratable Share of such fee shall be paid through the distributions contemplated by Section 1.4(d), and the Seller’s Share of such fee shall be paid by the Seller on each Settlement DateSeller. (b) If the Servicer ceases to be UGI WESCO or an Affiliate thereof, the servicing fee shall be the greater of: (i) the amount calculated pursuant to clause (a), and (ii) an alternative amount specified by the successor Servicer not to exceed 110% of the aggregate reasonable costs and expenses incurred by such successor Servicer in connection with the performance of its obligations as Servicer.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Wesco International Inc)

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Servicing Fee. (a) Subject to clause (b), the Servicer shall be paid a fee (the "Servicing Fee") equal to 0.501.0% per annum (the “Servicing Fee Rate”) of the daily average aggregate Outstanding Balance of the Pool Receivables. The Issuer’s aggregate of each Purchaser Group's Ratable Share of such fee shall be paid through the distributions contemplated by Section 1.4(d), and the Seller’s 's Share of such fee shall be paid by the Seller on each Settlement DateSeller. (b) If the Servicer ceases to be UGI WESCO or an Affiliate thereof, the servicing fee shall be the greater of: : (i) the amount calculated pursuant to clause (a), and (ii) an alternative amount specified by the successor Servicer not to exceed 110% of the aggregate reasonable costs and expenses incurred by such successor Servicer in connection with the performance of its obligations as Servicer.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Wesco International Inc)

Servicing Fee. (a) Subject to clause (b), the Servicer shall be paid a fee equal to 0.501.0% per annum (the "Servicing Fee Rate") of the daily average aggregate Outstanding Balance of the Pool Receivables. The Issuer’s 's Share of such fee shall be paid through the distributions contemplated by Section 1.4(d), and the Seller’s 's Share of such fee shall be paid by the Seller on each Settlement Date. (b) If the Servicer ceases to be UGI CSS or an Affiliate thereof, the servicing fee shall be the greater of: : (i) the amount calculated pursuant to clause (a), and (ii) an alternative amount specified by the successor Servicer not to exceed 110% of the aggregate reasonable costs and expenses incurred by such successor Servicer in connection with the performance of its obligations as Servicer.

Appears in 1 contract

Samples: Receivables Purchase Agreement (CSS Industries Inc)

Servicing Fee. (a) Subject to clause (b)) below, the Seller shall pay the Servicer shall be paid a fee (the “Servicing Fee”) equal to 0.501.00% per annum (the “Servicing Fee Rate”) of the U.S. Dollar Equivalent of the daily average aggregate Outstanding Balance of the Pool Receivables. The Issuer’s Share of such fee Accrued Servicing Fees shall be paid through payable from Collections to the distributions contemplated by extent of available funds in accordance with Section 1.4(d), and the Seller’s Share of such fee shall be paid by the Seller on each Settlement Date3.01. (b) If the Servicer ceases to be UGI DFBG or an Affiliate thereof, the servicing fee Servicing Fee shall be the greater of: (i) the amount calculated pursuant to clause (a), ) above and (ii) an alternative amount specified by the successor Servicer not to exceed 110% of the aggregate reasonable costs and expenses incurred by such successor Servicer in connection with the performance of its obligations as ServicerServicer hereunder.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Centric Brands Inc.)

Servicing Fee. (a) Subject to clause paragraph (b), the Servicer shall be paid a fee equal to 0.50% per annum (the “Servicing Fee RateFee”) equal to 0.75% per annum of the daily average aggregate Outstanding Balance of the Pool Receivables. The IssuerAggregate of each Purchaser’s Ratable Share of such fee shall be paid through the distributions contemplated by Section 1.4(d)1.4 and 1.5, and the Seller’s Share of such fee shall be paid by the Seller on each Settlement DateSeller. (b) If the Servicer ceases to be UGI Amphenol Corporation or an Affiliate thereof, the servicing fee shall be the greater of: (i) the amount calculated pursuant to clause paragraph (a), and (ii) an alternative amount specified by the successor Servicer not to exceed 110% of the aggregate reasonable costs and expenses incurred by such successor Servicer in connection with the performance of its obligations as Servicer.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Amphenol Corp /De/)

Servicing Fee. (a) Subject to clause (b), the Servicer shall be paid a fee (the “Servicing Fee”) equal to 0.501.00% per annum (the “Servicing Fee Rate”) of the daily average aggregate Outstanding Balance of the Pool Receivables. The Issuer’s Purchasers’ Share of such fee shall be paid through the distributions contemplated by Section 1.4(d), and the Seller’s Share of such fee shall be paid by the Seller on each Settlement Date. (b) If the Servicer ceases to be UGI Meritor or an Affiliate thereof, the servicing fee shall be the greater of: (i) the amount calculated pursuant to clause (a), and (ii) an alternative amount specified by the successor Servicer not to exceed 110% of the aggregate reasonable costs and expenses incurred by such successor Servicer in connection with the performance of its obligations as Servicer.. 701648899 12403015

Appears in 1 contract

Samples: Receivables Purchase Agreement (Meritor Inc)

Servicing Fee. (a) Subject to clause (b), the Servicer shall be paid a fee equal to 0.50% per annum (the “Servicing Fee RateFee”) of equal to the Servicing Fee Rate multiplied by the daily average aggregate Outstanding Balance of the Pool ReceivablesReceivables during the applicable month to which such Servicing Fee relates, which shall be payable monthly in arrears. The Issuer’s Share of such fee Servicing Fee shall be paid through the distributions contemplated by Section 1.4(d), and the Seller’s Share of such fee shall be paid by the Seller on each Settlement Date. (b) If the Servicer ceases to be UGI Axxxxxxxx or an Affiliate thereof, the servicing fee shall be the greater of: of (i) the amount calculated pursuant to clause (a), and (ii) an alternative amount specified by the successor Servicer not to exceed 110% of the aggregate reasonable costs and expenses incurred by such successor Servicer in connection with the performance of its obligations as Servicer.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Armstrong World Industries Inc)

Servicing Fee. (a) Subject to clause (b), the Servicer shall be paid a fee equal to 0.501.00% per annum (the “Servicing Fee Rate”) of the daily average aggregate Outstanding Balance of the Pool Receivables. The Issuer’s Share of such fee shall be paid through the distributions contemplated by Section 1.4(d), and the Seller’s Share of such fee shall be paid by the Seller on each Settlement Date. (b) If the Servicer ceases to be UGI Moog or an Affiliate thereof, the servicing fee shall be the greater of: (i) the amount calculated pursuant to clause (a), and (ii) an alternative amount specified by the successor Servicer not to exceed 110% of the aggregate reasonable costs and expenses incurred by such successor Servicer in connection with the performance of its obligations as Servicer.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Moog Inc)

Servicing Fee. (a) Subject to clause (b), the Servicer shall be paid a fee (the “Servicing Fee”) equal to 0.501.00% per annum (the “Servicing Fee Rate”) of the daily average aggregate Outstanding Balance of the Pool Receivables. The Issuer’s Purchasers’ Share of such fee shall be paid through the distributions contemplated by Section 1.4(d), and the Seller’s Share of such fee shall be paid directly by the Seller on each Settlement DateSeller. (b) If the Servicer ceases to be UGI Presidio or an Affiliate thereof, the servicing fee shall be the greater of: (i) the amount calculated pursuant to clause (a), and (ii) an alternative amount specified by the successor Servicer not to exceed 110% of the aggregate reasonable costs and expenses incurred by such successor Servicer in connection with the performance of its obligations as Servicer.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Presidio, Inc.)

Servicing Fee. (a) Subject to clause (b), the Servicer shall be paid a fee equal to 0.50.50% per annum (the "Servicing Fee Rate") of the daily average aggregate Outstanding Balance of the Pool Receivables. The Issuer’s 's Share of such fee shall be paid through the distributions contemplated by Section 1.4(d), and the Seller’s 's Share of such fee shall be paid by the Seller on each Settlement Date. (b) If the Servicer ceases to be UGI Royal or an Affiliate thereof, the servicing fee shall be the greater of: : (i) the amount calculated pursuant to clause (a), and (ii) an alternative amount specified by the successor Servicer not to exceed 110% of the aggregate reasonable costs and expenses incurred by such successor Servicer in connection with the performance of its obligations as Servicer.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Royal Appliance Manufacturing Co)

Servicing Fee. (a) Subject to clause (b), the Servicer shall be paid a fee equal to 0.50% per annum (the “Servicing Fee RateFee”) of equal to the Servicing Fee Rate multiplied by the daily average aggregate Outstanding Balance of the Pool ReceivablesReceivables during the applicable month to which such Servicing Fee relates, which shall be payable monthly in arrears. The Issuer’s Share of such fee Servicing Fee shall be paid through the distributions contemplated by Section 1.4(d), and the Seller’s Share of such fee shall be paid by the Seller on each Settlement Date. (b) If the Servicer ceases to be UGI Xxxxxxxxx or an Affiliate thereof, the servicing fee shall be the greater of: of (i) the amount calculated pursuant to clause (a), and (ii) an alternative amount specified by the successor Servicer not to exceed 110% of the aggregate reasonable costs and expenses incurred by such successor Servicer in connection with the performance of its obligations as Servicer.

Appears in 1 contract

Samples: Receivables Purchase Agreement and Purchase and Sale Agreement (Armstrong World Industries Inc)

Servicing Fee. (a) Subject to clause (bSection 4.6(b), the Servicer shall be paid a fee equal to 0.50.75% per annum (the "Servicing Fee Rate") of the daily average aggregate Outstanding Balance of the Pool Receivables. The Issuer’s Each Investor's Share of such fee shall be paid through solely from the distributions contemplated by Section 1.4(d), and the Seller’s 's Share of such fee shall be paid by the Seller on each Settlement DateSeller. (b) If the Servicer ceases to be UGI Xxxxxxx or an Affiliate thereofof Warnaco, the servicing fee shall be the greater of: : (i) the amount calculated pursuant to clause (a), and (ii) an alternative amount reasonably specified by the successor Servicer not to exceed 110100% of the aggregate reasonable costs and expenses incurred by such successor Servicer in connection with the performance of its obligations as Servicer.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Warnaco Group Inc /De/)

Servicing Fee. (a) Subject to clause (b), the Servicer shall be paid a fee equal to 0.50% per annum (the "Servicing Fee Rate") of the daily average aggregate Outstanding Balance of the Pool Receivables. The Issuer’s 's Share of such fee shall be paid through the distributions contemplated by Section 1.4(d), and the Seller’s 's Share of such fee shall be paid by the Seller on each Settlement Date. (b) If the Servicer ceases to be UGI or an Affiliate thereof, the servicing fee shall be the greater of: : (i) the amount calculated pursuant to clause (a), and (ii) an alternative amount specified by the successor Servicer not to exceed 110% of the aggregate reasonable costs and expenses incurred by such successor Servicer in connection with the performance of its obligations as Servicer.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Ugi Corp /Pa/)

Servicing Fee. (a) Subject to clause (b)) below, the Seller shall pay the Servicer shall be paid a fee (the “Servicing Fee”) equal to 0.501.00% per annum (the “Servicing Fee Rate”) of the daily average aggregate Outstanding Balance of the Pool ReceivablesReceivables as of the last day of each Monthly Period. The Issuer’s Share of such fee Accrued Servicing Fees shall be paid through payable from Collections to the distributions contemplated by extent of available funds in accordance with Section 1.4(d), and the Seller’s Share of such fee shall be paid by the Seller on each Settlement Date4.01. (b) If the Servicer ceases to be UGI Xxxxxx or an Affiliate thereof, the servicing fee Servicing Fee shall be the greater of: (i) the amount calculated pursuant to clause (a), ) above and (ii) an alternative amount specified by the successor Servicer not to exceed 110% of the aggregate reasonable costs and expenses incurred by such successor Servicer in connection with the performance of its obligations as ServicerServicer hereunder.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Newell Brands Inc.)

Servicing Fee. (a) Subject to clause (b), the Servicer shall be paid a fee equal to 0.501.00% per annum (the "Servicing Fee Rate") of the daily average aggregate Outstanding Balance of the Pool Receivables. The Issuer’s 's Share of such fee shall be paid through the distributions contemplated by Section 1.4(d), and the Seller’s 's Share of such fee shall be paid by the Seller on each Settlement Date. (b) If the Servicer ceases to be UGI Cxxxxxxxx or an Affiliate thereof, the servicing fee shall be the greater of: (i) the amount calculated pursuant to clause (a), and or (ii) an alternative amount specified by the successor Servicer not to exceed 110% of the aggregate reasonable costs and expenses incurred by such successor Servicer in connection with the performance of its obligations as Servicer.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Carpenter Technology Corp)

Servicing Fee. (a) Subject to clause (b), the Servicer shall be paid a fee equal to 0.50% per annum (the "Servicing Fee Rate") of the daily average aggregate Outstanding Balance outstanding balance of the Pool ReceivablesAccounts. The Issuer’s Share of such Such fee shall be paid through out of collections on the distributions contemplated by Section 1.4(d)Accounts and Related Rights otherwise payable to the Purchaser, and to the Seller’s Share of such fee shall be paid by extent (but only to the Seller on each Settlement Dateextent) permitted pursuant to the Financing Agreement. (b) If the Servicer ceases to be UGI Werner or an Affiliate affiliate thereof, the servicing fee shall be the greater xxx xxeater of: : (i) the amount calculated pursuant to clause (a), and (ii) an alternative amount specified by the successor Servicer not to exceed 110100% of the aggregate reasonable costs and expenses incurred by such successor Servicer in connection with the performance of its obligations as Servicer.

Appears in 1 contract

Samples: Servicing Agreement (Werner Holding Co Inc /Pa/)

Servicing Fee. (a) Subject to clause (b), the Servicer shall be paid a fee equal to 0.501.00% per annum (the "Servicing Fee Rate") of the daily average aggregate Outstanding Balance of the Pool Receivables. The Issuer’s 's Share of such fee shall be paid through the distributions contemplated by Section 1.4(d), and the Seller’s 's Share of such fee shall be paid by the Seller on each Monthly Settlement Date. (b) If the Servicer ceases to be UGI Peabody or an Affiliate thereof, the servicing fee shall be the greater of: : (i) the amount calculated pursuant to clause (a), and (ii) an alternative amount specified by the successor Servicer not to exceed 110% of the aggregate reasonable costs and expenses incurred by such successor Servicer in connection with the performance of its obligations as Servicer.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Peabody Energy Corp)

Servicing Fee. (a) Subject to clause (b), the Servicer shall be paid a fee equal to 0.501.00% per annum (the "Servicing Fee Rate") of the daily average aggregate Outstanding Balance of the Pool Receivables. The Issuer’s Purchasers' Share of such fee shall be paid through the distributions contemplated by Section 1.4(d), and the Seller’s 's Share of such fee shall be paid by the Seller on each Monthly Settlement Date. (b) If the Servicer ceases to be UGI Peabody or an Affiliate thereof, the servicing fee shall be the greater of: : (i) the amount calculated pursuant to clause (a), and (ii) an alternative amount specified by the successor Servicer not to exceed 110% of the aggregate reasonable costs and expenses incurred by such successor Servicer in connection with the performance of its obligations as Servicer.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Peabody Energy Corp)

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