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 fee payable pursuant to Rule 15;

Auction Fee means a charge by the State Surplus Property Program for disposing of a vehicle or related equipment at a vehicle auction.

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.

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

• 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”).

• The Master Servicer shall deduct from the proceeds of the sale or foreclosure of the Charged-off Mortgage Loans the related Auction Fee and any optional advances with respect to the Charged-off Mortgage Loans.

• A Competitive Bid Quote Request that does not conform substantially to the format of Exhibit E-1 hereto, or for which any Competitive Bid Auction Fee, if applicable, is not timely paid, shall be rejected, and Administrative Agent shall promptly notify Borrower of such rejection by telecopy.

• The Auction Fee is non-refundable if canceled within thirty (30) days of the date of the auction (“Auction Date”).

• 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").

• The Auction Fee will be in the form of a 10% Buyer’s Premium added to the Purchaser’s final bid price and included in the total contract price.

• The total purchase price shall be the winning high bid plus an Auction Fee equal to ten percent (10%) of the winning bid.

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.

Auction Fee means the amount charged by the Auctioneer to conduct the Auction as specified in the Authority Particulars;

Auction Fee as defined in Section 2.3(c).

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.

Auction Fee means the amount to be paid within the tariff rate difference range by a successful bidder for TRQs of agro-livestock products.