Examples of Collateral Agent Fees in a sentence
From the Closing Date until the Collection Date, the Collateral Agent will not make any changes to the Collateral Agent Fees without the prior written approval of the Administrative Agent.
As compensation for its Collateral Agent activities hereunder, the Collateral Agent shall be entitled to the Collateral Agent Fees and Collateral Agent Expenses from the Borrower as set forth in the Collateral Agent and Collateral Custodian Fee Letter, payable to the extent of funds available therefor pursuant to the provisions of Section 2.04.
The Collateral Agent’s entitlement to receive the Collateral Agent Fees shall cease on the earlier to occur of: (a) its removal as Collateral Agent pursuant to Section 10.05 or (b) the termination of this Agreement.
Any reference in this Agreement to the Collateral Agent Fees calculated with respect to any period at a per annum rate shall be computed on the basis of a 360-day year and the actual number of days elapsed during the related Remittance Period and shall be based on the arithmetic mean of the aggregate Outstanding Balance of all Loan Assets measured as of the first day of the Remittance Period relating to each Payment Date.