Yield and Fees. (a) All Capital Investments and the outstanding amount of all other obligations hereunder shall bear a Yield, in the case of Capital Investments, on the principal amount thereof from the date such Capital Investments are made and, in the case of such other obligations, from the date such other obligations are due and payable until, in all cases, paid in full, at the Citicorp Rate.
(b) The Seller shall pay to the Agent such fees as are set forth in the Second Amended and Restated Fee Letter.
(c) The Seller shall pay to the Agent for remittance to the Servicer (at any time that it is not PolyOne or an Affiliate of PolyOne) from the later of the date of the initial Purchase hereunder and the date on which such Person becomes Servicer hereunder until the later of the Termination Date or the date on which Capital is reduced to zero, a fee (the “Servicer Fee”) equal to the lesser of (i) 1% per annum on the average daily amount of Capital, and (ii) 120% of the costs and expenses referred to in Section 6.02(c), such fee payable in arrears on the Yield Payment Date for each Yield Period; provided, however, that, so long as the Servicer is PolyOne or an Affiliate of PolyOne, the Servicer shall not be paid any Servicer Fee hereunder, it being acknowledged and agreed by PolyOne that any amounts owing to PolyOne or any such Affiliate in consideration for such services shall be the responsibility of and paid by the Canadian Originator. Any Servicer Fee shall be payable only from Collections pursuant to, and subject to the priority of payment set forth in, Sections 2.07 and 2.08.
(d) The Seller shall pay to the Agent for the account of each Purchaser, an unused commitment fee (an “Unused Commitment Fee”) equal to the product of (i) the Unused Commitment Fee Rate and (ii) the average daily Unused Commitment of such Purchaser. The Unused Commitment Fee will be payable monthly in arrears and on the Termination Date.
Yield and Fees. (a) On each Settlement Date, the Seller shall, in accordance with the terms and priorities for payment set forth in Section 3.01, pay to each Purchaser, the Administrative Agent and the Structuring Agent certain fees (collectively, the “Fees”) in the amounts set forth in the fee letter agreements from time to time entered into, among the Seller, the Purchasers and/or the Administrative Agent or the Structuring Agent (each such fee letter agreement, as amended, restated, supplemented or otherwise modified from time to time, collectively being referred to herein as the “Fee Letter”). Commitment Fees (as defined in the Fee Letter) shall cease to accrue on the unfunded portion of the Commitment of such Defaulting Purchaser as provided in Section 2.06.
(b) Each Purchaser’s Capital shall accrue Yield on each day when such Capital remains outstanding at the then applicable Yield Rate for such Capital (or each applicable portion thereof). The Seller shall pay all Yield (including, for the avoidance of doubt, all Yield accrued on LIBOR Tranches during a Yield Period regardless of whether the applicable Tranche Period has ended), The Seller shall pay all Yield, Fees and Breakage Fees accrued during each Yield Period on each Settlement Date in accordance with the terms and priorities for payment set forth in Section 3.01.
Yield and Fees. The Capital of each Purchaser shall accrue interest on each day when such Capital remains outstanding at the then-applicable Yield Rate for such Capital. The Seller shall pay all Yield and Xxxx accrued during each Yield Period on the first Settlement Date occurring after the end of such Yield Period in accordance with the terms and priorities for payment set forth in Section 3.01(a). For the avoidance of doubt, Xxxxx accrued during each Yield Period shall be due and payable on the first Settlement Date after such Yield Period without regard to the availability of Collections for payment thereof.
Yield and Fees. (a) On each Yield and Fee Payment Date, the Seller shall pay to each Purchaser and the Administrative Agent certain fees (collectively, the “Fees”) in the amounts set forth in the fee letter agreements from time to time entered into, among the Seller, the Purchasers and/or the Administrative Agent (each such fee letter agreement, as amended, restated, supplemented or otherwise modified from time to time, collectively being referred to herein as the “Fee Letter”).
(b) Each Purchaser’s Capital shall accrue Yield on each day when such Capital remains outstanding at the then applicable Yield Rate for such Capital (or each applicable portion thereof). The Seller shall pay all Yield and Fees accrued during each Yield Period on each Yield and Fee Payment Date.
(c) For the avoidance of doubt, the Seller’s obligation to pay all Fees and Yield hereunder when due shall not be contingent up the receipt or availability of Collections and to the extent any such amount is not otherwise paid on the related Yield and Fee Payment Date, such amount shall be paid on the following Settlement Date in accordance with the terms and priorities for payment set forth in Section 4.01.
Yield and Fees. (a) On each Settlement Date, the Seller shall, in accordance with the terms and priorities for payment set forth in Section 4.01, pay to the Administrative Agent for the benefit of each Group Agent, each Purchaser, the Administrative Agent and the Structuring Agent certain fees (collectively, the “Fees”) in the amounts set forth in the fee letter agreements from time to time entered into, among the Seller, the members of the applicable Group (or their Group Agent on their behalf) and/or the Administrative Agent (each such fee letter agreement, as amended, restated, supplemented or otherwise modified from time to time, collectively being referred to herein as the “Fee Letter”). Commitment Fees (as defined in the Fee Letter) shall cease to accrue on the unfunded portion of the Commitment of such Defaulting Purchaser and each other Purchaser in the same Group as provided in Section 2.06.
(b) Each Purchaser’s Capital shall accrue Yield on each day when such Capital remains outstanding at the then applicable Yield Rate for such Capital (or each applicable portion thereof). The Seller shall pay all Yield (including, for the avoidance of doubt, all Yield accrued on Term SOFR Tranches during a Yield Period regardless of whether the applicable Tranche Period has ended), Fees and Breakage Fees accrued during each Yield Period on each Settlement Date in accordance with the terms and priorities for payment set forth in Section 4.01.
Yield and Fees. 28 SECTION 2.11.
Yield and Fees. (a) On each Settlement Date, the Seller shall, in accordance with the terms and priorities for payment set forth in Section 3.01, pay to the Agent for the account of each Investor certain fees (collectively, the “Fees”) in the amounts set forth in the fee letter agreements from time to time entered into, among the Seller, the Investors and/or the Agent (such fee letter agreements, each as amended, restated, supplemented or otherwise modified from time to time, collectively being referred to herein as the “Fee Letter”).
(b) The Capital of the Investments hereunder shall accrue interest on each day when such Capital remains outstanding at the then applicable Yield Rate for such Investment. The Seller shall pay all Yield, Fees and Breakage Fees accrued during each Yield Period on each Settlement Date in accordance with the terms and priorities for payment set forth in Section 3.01.
Yield and Fees. (a) On each Settlement Date, the Seller shall, in accordance with the terms and priorities for payment set forth in Section 3.01, pay to each applicable Group Agent, each applicable Purchaser, the Administrative Agent and/or the Structuring Agent certain fees (collectively, the “Fees”) in the amounts set forth in the fee letter agreements from time to time entered into, among the Seller, the members of the applicable Group (or their Group Agent on their behalf) and/or the Administrative Agent or the Structuring Agent (each such fee letter agreement, as amended, restated, supplemented or otherwise modified from time to time, collectively being referred to herein as the “Fee Letter”).
(b) The Capital of each Purchaser shall accrue Yield on each day when such Capital remains outstanding at the then applicable Yield Rate for such Purchaser. The Seller shall pay all Yield, Fees and Breakage Fees accrued during each Yield Period on the immediately following Settlement Date in accordance with the terms and priorities for payment set forth in Section 3.01.
Yield and Fees. (a) From and after the date of the initial Purchase until the later of the Termination Date and the Collection Date, the Seller shall, on the Payment Date in respect of each Settlement Period for each Eligible Asset, pay to the Agent for the ratable account of the Owner(s) of such Eligible Asset, (i) an amount equal to the accrued and unpaid Yield for such Eligible Asset and (ii) an amount equal to the Liquidation Fee, if applicable, for such Eligible Asset.
(b) From and after the date hereof until the later of the Termination Date or the Collection Date, the Seller shall pay:
(i) to the Agent, for the account of the Banks, a facility fee (the "Facility Fee") equal to the product of (i) the average daily amount of the Purchase Limit, whether used or unused, and (ii) the per annum rate specified in the Fee Letter;
(ii) to CNAI, in consideration for its support of the program contemplated herein, a fee (the "Program Fee") equal to the product of (i) the average daily amount of the aggregate outstanding Capital of all Eligible Assets hereunder and (ii) the per annum rate specified in the Fee Letter; and
(iii) to the Agent for the account of the Investors (to be allocated as the Investors may agree) a fee (the "Investor Investment Fee") equal to the product of (i) the average daily Purchase Limit and (ii) the per annum rate of specified in the Fee Letter.
(c) The Seller shall be entitled to a credit against the Facility Fee payable under this Agreement for any month by the full amount of the "Facility Fee" (under and as defined in the Parallel Purchase Agreement) actually paid by the Seller under the Parallel Purchase Agreement for such month. The Facility Fee and the Program Fee are payable monthly in arrears for each calendar month (or portion thereof) on the second Business Day of the immediately succeeding calendar month during the term of this Agreement and on the later of the Termination Date and the Collection Date. The Investor Investment Fee is payable in arrears annually on the last Business Day of November, beginning on November 30, 1995 and continuing on the last Business Day of each November thereafter and on the later of the Termination Date and the Collection Date.
(d) As part of the consideration for the Purchases hereunder, the Seller agrees to perform the duties of the Collection Agent hereunder until the Agent designates a new Collection Agent as described in Section 6.01. If at any time the Seller is not the Collection Agent, the Seller sha...
Yield and Fees. (a) On each Settlement Date, Seller shall pay to the Administrative Agent for distribution to each Purchaser and the Administrative Agent certain fees (collectively, the “Fees”) in the amounts set forth in the Fee Letter.
(b) Each Purchaser’s Capital shall accrue Yield on each day when such Capital remains outstanding at the then applicable Yield Rate for such Capital (or each applicable portion thereof). Seller shall pay all Yield and Xxxx accrued during each Yield Period on each Settlement Date.
(c) For the avoidance of doubt, Xxxxxx’s obligation to pay all Fees and Yield hereunder when due shall not be contingent up the receipt or availability of Collections and to the extent any such amount is not otherwise paid on the related Settlement Date, such amount shall be paid on the following Settlement Date in accordance with the terms and priorities for payment set forth in Section 4.01.
