Auction Fee definition

Auction Fee means the fee payable to the Master Servicer in connection with the auction of any Charged-off Mortgage Loan, which shall be an amount equal to 10% of the net proceeds from the auction of the related Charged-off Mortgage Loan.
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Auction Fee means a charge by the State Surplus Property Program for disposing of a vehicle or related equipment at a vehicle auction.
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Auction Fee means a fee payable pursuant to Rule 15;
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Examples of Auction Fee in a sentence

  • If the Trustee receives at least three bids for the Trust Collateral, and one of such bids is equal to or greater than the Par Value plus the Trustee Auction Fee, the Trustee shall sell the Trust Collateral to the highest bidder (the “Auction Purchaser”) at the price offered by the Auction Purchaser (the “Mortgage Loan Purchase Price”).

  • If the Trustee receives less than three bids, or does not receive any bid that is equal to or greater than the Par Value plus the Trustee Auction Fee, the Trustee shall, on each six-month anniversary of the initial Auction Date, repeat these auction procedures until the Trustee receives a bid that is equal to or greater than the Par Value plus the Trustee Auction Fee, and sells the Trust Collateral to the Auction Purchaser at the Mortgage Loan Purchase Price.

  • Any changes will be advertised on Our Website and will only apply to auctions that commence on the day after the change in Online Auction Fee was first advertised.

  • Please see the details on the “Auction Overview” section of each Auction page.11.3. The Online Auction Fee becomes payable upon a contract for sale being concluded under (as relevant) condition 8.5 or 8.6 to 8.10 above.11.4. The Online Auction Fee is due at the same time that You are liable to pay for the Lot, as provided for by Our ‘General Conditions of Sale’.11.5. We reserve the right to change Our Online Auction Fee from time to time.

  • At 45 days late, a $100 Auction Fee will be applied to the Renter’s account.

  • Further, MIAX will assess the Responder to cPRIME Auction Fee to: (i) a cPRIME AOC Response that executes against a cPRIME Order, and (ii) a cPRIME Participating Quote or Order that executes against a cPRIME Order.

  • For SPIKES in PRIME, MIAX will assess the Responder to PRIME Auction Fee to: (i) a PRIME AOC Response that executes against a PRIME Order, and (ii) a PRIME Participating Quote or Order that executes against a PRIME Order.

  • In case of disbarment of the first Selected Bidder the second highest Eligible Bidder (or the third highest Eligible Bidder as the case may be) will be considered as the Selected Bidder‘s and such bidder shall be required to forthwith pay Auction Fee in the manner set out in Clause 1.5.

  • Irrespective of whether a contract is concluded following Bid Acceptance under condition 8.5 or under conditions 8.6 to 8.10 following a Provisional Sale, You will be liable to make payment of the Online Auction Fee.

  • Included within the Auction Fee shall be the credit card company charges equal to 2.9% of Lift, which rate is subject to automatic increase due to increases in interbank rates (“Auction Credit Card Fees”).


More Definitions of Auction Fee

Auction Fee means the amount to be paid by the successful bidders expressed in money terms within the tariff rate difference range for the import rights of in-quota quantities of the TRQ products.
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Auction Fee as defined in Section 2.3(c).
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Auction Fee means the amount to be paid within the tariff rate difference range by a successful bidder for TRQs of agro-livestock products.
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Auction Fee means the amount charged by the Auctioneer to conduct the Auction as specified in the Authority Particulars;
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Auction Fee. Means amount paid to Amlak Auction for service provided by buyer (bidder) or Seller (property owner, vendor).
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Auction Fee means the fee to be paid by the user for the successful sale of a receivable through the receivables exchange. The amount of fee for an auction can be determined by using a fee cal- culator on the website; it shall be calculated on the basis of the type of receivables and the price, at which such receivables shall be sold (selling price) or it shall be regulated by virtue of individual agreements.
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Related to Auction Fee

  • Origination Fee means any origination fee payable to the Department by the lender with respect to any Trust Student Loan.

  • Initiation fee means a fee charged by us to you in order to create a credit facility for you;

  • Utilization Fee shall have the meaning assigned to such term in Section 2.06(b).

  • Loan Origination Fee means the fee charged by the

  • Transaction Fee means the fee, in respect of a Sub-Fund, which may be charged for the benefit of the Trustee, the Registrar and/or the Service Agent or the Conversion Agent (as the case may be) to each Participating Dealer on each Dealing Day upon which an Application has been or Applications have been made by the relevant Participating Dealer.

  • Prepayment Fee is, with respect to any Term Loan subject to prepayment prior to the Maturity Date, whether by mandatory or voluntary prepayment, acceleration or otherwise, an additional fee payable to the Lenders in amount equal to:

  • Acquisition Fee means any and all fees and commissions, exclusive of Acquisition Expenses, paid by any Person to any other Person (including any fees or commissions paid by or to any Affiliate of the Company or the Advisor) in connection with making or investing in Mortgages or the purchase, development or construction of a Property, including real estate commissions, selection fees, Development Fees, Construction Fees, nonrecurring management fees, loan fees, points or any other fees of a similar nature. Excluded shall be Development Fees and Construction Fees paid to any Person not affiliated with the Sponsor in connection with the actual development and construction of a project.

  • Connection Fee means a fee charged by a local entity to pay for the costs of

  • Application Fee means any nonrefundable fee, which is paid by a tenant to a landlord or managing

  • Inspection Fee means a fee payable to Lender or Loan Servicer for performing any inspection required by this Agreement in an amount not to exceed $500.00 per inspection.

  • Origination Fees means the fee payable to the Advisor pursuant to Section 8.02 plus all other fees and commissions, excluding Acquisition Expenses, paid by any Person to any Person in connection with making or investing in any Loan by the Company.

  • Placement Fee has the meaning given thereto in Section 2(a) hereof;

  • Remarketing Fee has the meaning specified in Section 5.4(b)(i).

  • Tuition Fee means the basic tuition fee applicable to specific programmes and shall include auxiliary fees which are for required instruction but shall exclude any other fees such as international student differential fees, co-op fees, and student union fees.

  • Disposition Fee shall have the meaning set forth in Section 8.03.

  • Construction Fee means a fee or other remuneration for acting as general contractor and/or construction manager to construct improvements, supervise and coordinate projects or provide major repairs or rehabilitations on a Property.

  • Contract Fee means the price, fee, rent, or royalty payable in a contract under this chapter or

  • Redemption Fee means the fee applied by us for the return of funds to an IBAN Account holder, or Cardholder following a request for redemption by an IBAN Account holder Cardholder under this Agreement, as specified in the attached Fees & Limits Schedule;

  • Liquidation Fee With respect to each Specially Serviced Loan as to which the Special Servicer receives a full or discounted pay-off (or unscheduled partial payment to the extent such prepayment is required by the Special Servicer as a condition to a workout or results from the Special Servicer’s collection and enforcement efforts) from the related Mortgagor, except as otherwise described below, with respect to any Mortgage Loan (or Serviced Whole Loan) repurchased or substituted as contemplated by Section 2.03 of this Agreement and/or any Specially Serviced Loan or any REO Property as to which the Special Servicer receives Liquidation Proceeds, Insurance Proceeds or Condemnation Proceeds, an amount calculated by the application of the applicable Liquidation Fee Rate to the related payment or proceeds (exclusive of any portion of such pay-off or proceeds that represents Penalty Charges); provided that, except as contemplated by the following provisos, no Liquidation Fee will be less than $25,000; provided, further, that the Liquidation Fee (which, if payable, shall, prior to the reduction in accordance with this proviso, be at least $25,000) with respect to any related Specially Serviced Loan or REO Property shall be reduced by the amount of any Excess Modification Fees paid by or on behalf of the related Mortgagor with respect to the Specially Serviced Loan or REO Property as described in the definition of “Excess Modification Fees” in this Agreement, but only to the extent those fees have not previously been deducted from a Workout Fee or Liquidation Fee; provided, further, that (a) the Liquidation Fee shall be zero with respect to any Mortgage Loan or Serviced Whole Loan or any Mortgaged Property purchased or repurchased pursuant to clauses (iii) through (v) of the first sentence of the definition of Liquidation Event (unless with respect to (A) clause (iii), the applicable Mortgage Loan Seller does not repurchase or substitute for such Mortgage Loan until after more than 180 days following its receipt of notice or discovery of a Material Breach or Material Document Defect, and (B) clause (v), the mezzanine loan holder or the Subordinate Companion Loan Holder does not purchase such Mortgage Loan or Serviced Whole Loan within 90 days of when the first purchase option first becomes exercisable under the related intercreditor agreement or Co-Lender Agreement, as applicable) or pursuant to clauses (ii) or (iv) of the second sentence of such definition (unless with respect to clause (iv), the mezzanine loan holder does not purchase such REO Property within 90 days of when the first purchase option first becomes exercisable) and (b) the Liquidation Fee with respect to each Mortgage Loan or REO Mortgage Loan repurchased or substituted for after more than 180 days following the Mortgage Loan Seller’s receipt of notice or discovery of a Material Breach or Material Document Defect shall be in an amount equal to the Liquidation Fee Rate of the outstanding principal balance of such Mortgage Loan or REO Mortgage Loan; provided, further, that if a Mortgage Loan or Serviced Whole Loan becomes a Specially Serviced Loan only because of an event described in clause (a)(ii) of the definition of “Specially Serviced Loan” regarding the related Mortgagor’s failure to make a Balloon Payment and the related Liquidation Proceeds are received within 90 days following the related maturity date in connection with the full and final pay-off of the related Mortgage Loan or Serviced Whole Loan, the Special Servicer will not be entitled to collect a Liquidation Fee, but may collect and retain appropriate fees from the related Mortgagor in connection with such liquidation.

  • Introduction Fee means the fee payable by the Client to the Agency for an Introduction resulting in an Engagement;

  • Installation Fee means charges payable by the Customer for the installation of the service as provided in the Order Form;

  • Reservation Fee means the fee set forth in the applicable Program Guide, relating to the aggregate principal amount of the particular Mortgage Loans which the Participant has committed to originate and sell to the Servicer (which is not applicable to MCC stand-alone product) pursuant to a Reservation Request, payable contemporaneously with the submission of the corresponding application package, all in accordance with the procedures set forth in the applicable Program Guide.

  • Modification Fee means a fee, if any, collected from a Mortgagor by the Master Servicer in connection with a modification of any Mortgage Loan other than a Specially Serviced Mortgage Loan or collected by the Special Servicer in connection with the modification of a Specially Serviced Mortgage Loan.

  • Auction Agent Fee has the meaning set forth in the Auction Agent Agreement.

  • Option Fee means an amount equal to 7% of the Specified Amount;

  • Participation Fee means the amount payable by the Participant to the Council for the right to participate in the Hong Kong Pavilion at the Exhibition, as specified in Section I of the Application Form.