Administrative Amounts definition

Administrative Amounts means that portion of the Financing Payments representing fees and reasonable expenses of the Trustee, the Authority, the Administrator, and the Reporting Agent, and including the Authority Fees, the Trustee Fees, the Administrator Fees, Reporting Agent fees, and any amounts (other than the Bond Service Charges) required to be paid under this Agreement, including, but not limited to attorneys’ fees, amounts expended by the Authority or the Trustee in pursuing remedies, and amounts expended in connection with the levy, collection, and transfer of the Assigned Special Assessments.

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Administrative Amounts means the Authority Fee, Trustee Fee, the reasonable fees and expenses of the Authority, the City and the Trustee, including but not limited to attorneys’ fees, amounts expended by the Authority, the City and the Trustee in pursuing remedies hereunder or in the Indenture, the collection and transfer of the Net TDD Revenues and expenses incurred to comply with continuing disclosure obligations, reasonable fees and expenses of the Calculation Agent, and any amounts (other than any other amounts required to pay Bond Service Charges on the Bonds) required to be paid hereunder.

Administrative Amounts means the portion of each Financing Payment identified as such in the applicable Agreement to reimburse the Authority for certain costs and expenses and to pay the fees of the Trustee.

Examples of Administrative Amounts in a sentence

• As additional compensation for performing its obligations under the Servicing Agreement and this Supplement and as reimbursement for costs and expenses incurred in performing its obligations, the Servicer will be entitled to retain for its own account Lease Administration Amounts (or to withdraw and retain Lease Administrative Amounts that nevertheless have been deposited in the Exchange Note Collection Account).

• The Developer expressly acknowledges and agrees that the costs of providing for the funding of the Bond Reserve Deposit and Administrative Amounts under the Indenture shall be deemed to be Project Costs and payable by the Trustee with proceeds of the Series 2023B Bonds or otherwise with Assigned Special Assessments as provided in the Indenture.

More Definitions of Administrative Amounts

Administrative Amounts includes the Issuer Fee, the Trustee Fee, the District Fee, the reasonable expenses of the Issuer, the City, the District and the Trustee, including but not limited to attorneys’ fees, in pursuing remedies hereunder or under the Indenture, and expenses incurred to comply with continuing disclosure obligations, and any amounts (other than amounts required to pay Bond Service Charges on the Series 2023B Bonds) required to be paid hereunder.

Administrative Amounts means an amount equal to the sum of (i) up to a $300,000 per annum fee payable to the Administrative Manager, plus (ii) any out of pocket costs and expenses payable to the Administrative Manager pursuant to any Administrative Management Agreement, plus (iii) any indemnity amounts payable to any Administrative Manager pursuant to any Administrative Management Agreement.