Base Fee Percentage definition
Base Fee Percentage means 1.5 per cent. per annum (the “Maximum Base Fee Percentage”), or such lower amount as may be determined by the Programme Counterparty and notified to the Issuer, the Transaction Parties and the Securityholders from time to time, provided that the Issuer shall procure (and the Programme Counterparty has agreed) that Securityholders shall be given not less than 30 calendar days’ prior notice in accordance with Condition 19 of any change to the Base Fee Percentage and if the scheduled day notified for any such change is not a Scheduled Valuation Day, the change to the Base Fee Percentage shall take effect on the first following Scheduled Valuation Day. The current Base Fee Percentage and any proposed change to the Base Fee Percentage shall be published on the website maintained on behalf of the Issuer at www.etc.db.com (or such other website as may be notified to Securityholders in accordance with Condition 19 from time to time). The Base Fee Percentage as at the Series Issue Date is 0.45 per cent. per annum.
Base Fee Percentage means a percentage equal to 0.02% divided by the Servicing Fee Rate.
Base Fee Percentage means the following per annum percentages, which vary based on the Total Market Capitalization (as adjusted annually for inflation beginning from January 1, 2015) calculation: ≤$6 billion 0.70% > $6 billion and ≤ $10 billion 0.70% on amounts up to $6 billion 0.60% on amounts exceeding $6 billion > $10 billion 0.70% on amounts up to $6 billion 0.60% on amounts exceeding $6 billion, up to $10 billion 0.50% on amounts exceeding $10 billion ______________ * Total Market Capitalization thresholds are subject to an annual inflation adjustment on each January 1 beginning January 1, 2016, based on increases to CPI.
Examples of Base Fee Percentage in a sentence
As consideration for Seller servicing the Mortgage Loans pursuant to the Deferred Servicing Agreements during the applicable Consent Period, Purchaser shall pay to Seller, a monthly base servicing fee for each calendar month during such period during which Seller is servicing Mortgage Loans with respect to Deferred Servicing Agreements pursuant to this Sale Supplement equal to the Base Fee Percentage of the Specified Amounts with respect to such calendar month (the “Seller Monthly Servicing Fee”).
For purposes of this Agreement, the “Base Fee” will be equal to the sum of (i) a per annum Base Fee Percentage of the Total Market Capitalization of the Company plus (ii) the Key Money Asset Management Fee, if any, subject to the payment of a minimum quarterly base fee (“Minimum Base Fee”), if applicable.
More Definitions of Base Fee Percentage
Base Fee Percentage means the following per annum percentages, which vary based on the Total Market Capitalization (as adjusted annually for inflation beginning from January 1, 2015) calculation:
Base Fee Percentage means 1.5 per cent. per annum (the “Maximum Base Fee Percentage”), or such lower amount as may be determined by the Programme Counterparty and notified to the Issuer, the Transaction Parties and the Securityholders from time to time, provided that the Issuer shall procure (and the Programme Counterparty has agreed) that Securityholders shall be given not less than 30 calendar
Base Fee Percentage means, with respect to each Retailer Fee Percentage offered under the Program, the fee percentage set forth in Schedule 5(a) as of the Effective Date (as such Schedule may be amended from time to time to add additional credit based promotions).
Base Fee Percentage means, as of any date, the positive difference, if any, of (i) the excess, if any, of (x) yield rate of weighted average life AAA-rated, privately issued automobile asset-backed securities (A) issued by ACC or an Affiliate thereof, or, if neither ACC nor any Affiliate have issued any such securities in the calendar quarter immediately preceding such date, such other issuer chosen by the Placement Agent in its sole discretion, (B) guaranteed by the Insurer or a similar monoline insurance company and (C) with a weighted average life similar to that of the Total Receivables Pool on such date, as determined by the Placement Agent over (y) the Index Rate or other appropriate index as determined by the Placement Agent on such date over (ii) 0.75%.
Base Fee Percentage means [To be specified in Final Terms – ●] per cent. per annum (the “Maximum Base Fee Percentage”), or such lower amount as may be determined by the Programme Counterparty and notified to the Issuer, the Transaction Parties and the Securityholders from time to time, provided
Base Fee Percentage means [To be completed if Integrated Conditions or specified in Final Terms if Long-Form Conditions – ●] per cent. per annum (the “Maximum Base Fee Percentage”), or such lower amount as may be determined by the Programme Counterparty and notified to the Issuer, the Transaction Parties and the Securityholders from time to time, provided that the Issuer shall procure (and the Programme Counterparty has agreed) that Securityholders shall be given not less than 30 calendar days’ prior notice in accordance with Condition 19 of any change to the Base Fee Percentage and if the scheduled day notified for any such change is not a Scheduled Valuation Day, the change to the Base Fee Percentage shall take effect on the first following Scheduled Valuation Day. The current Base Fee Percentage and any proposed change to the Base Fee Percentage shall be published on the website maintained on behalf of the Issuer at www.etc.db.com (or such other website as may be notified to Securityholders in accordance with Condition 19 from time to time). The Base Fee Percentage as at the [To be completed if Integrated Conditions or specified in Final Terms if Long-Form Conditions - Series Issue Date/Issue Date] is [To be completed if Integrated Conditions or specified in Final Terms if Long- Form Conditions – ●].
Base Fee Percentage means, with respect to each Program Fee Percentage offered under the Program the percentage set forth on Schedule 3.5 as of the Program Commencement Date (as such Schedule may be amended from time to time to add additional credit based promotions).