Lease Administration Fees definition

Lease Administration Fees means, fees payable to the Lease Administrator by the Borrower, in its capacity as a Tranche II Owner, pursuant to the terms of the Lease Administration Agreement.
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Lease Administration Fees means each sum of administrative fees due for payment as part of the Rental Payments under this Finance Lease, as specified in the relevant Payment Schedule and specifically those sums in Part 2 of Schedule 2 (Other Fees, Costs and Recharges);
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Lease Administration Fees means, fees payable to the Lease Administrator by the Borrower, in its capacity as a Tranche II Owner, pursuant to the terms of the Lease Administration Agreement. “Lease Administrator” means ARL Lease Administrators LLC. “Lease Agreement” means any agreement to lease specific Units (as contrasted to a Master Lease Agreement) or a schedule to a Master Lease Agreement together with such Master Lease Agreement. “Lease Assignment and Assumption” means each Assignment and Assumption Agreement executed in accordance with the Contribution Agreement. “Lease Payment” means, with respect to any Lease Agreement, the minimum monthly or other periodic contractual payment payable by the related Lessee for the use of the related Equipment in accordance with the terms of such Lease Agreement. “Legal Requirement” means any treaty, convention, statute, law, regulation, ordinance, license, permit, governmental approval, injunction, judgment, order, consent decree or other requirement of any Governmental Authority with jurisdiction over the applicable Person or property. ‑22‑ “Lenders” means and includes the banks, financial institutions and other lenders from time to time party to this Agreement, as a “Lender” hereunder, including each assignee Lender pursuant to Section 10.9. “Lessee” means each of the lessees named in a Lease Agreement. “Lessee Concentration Excess” means the sum (without duplication) of (i) the aggregate amount by which the Adjusted Appraised Value of all Eligible Units subject to an Eligible Lease Agreement of each Lessee and its Affiliates (if any) exceeds the Lessee Concentration Limit applicable to such Lessee and (ii) the amount by which the aggregate Adjusted Appraised Value of all Eligible Units subject to an Eligible Lease Agreement with respect to all Lessees (or, in the case of any Eligible Lease Agreement that permits sub-leasing, all sub-lessees) and their respective Affiliates (if any) rated B+ or lower by S&P and/or B1 or lower by Moody’s exceeds 24.5% of the Aggregate Adjusted Equipment Value, provided, however, that if any Lessee merges, acquires, is acquired by, or is otherwise consolidated with a non-Affiliated Lessee, such newly consolidated Lessee shall be deemed to be separate Lessees, each with the rating assigned to such newly consolidated Lessee, for the purposes of determining the Lessee Concentration Excess; further provided, that no Lease Agreements with Preferred Sands of Genoa, LLC or any of its Affiliates (other than Eligibl...
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Examples of Lease Administration Fees in a sentence

  • In the event that the Lessee does not pay any Lease Administration Fees including any Insurances Premium as above, upon the due dates of such payments in accordance with this Operating Lease or the Insurances themselves, the Lessor may pay all such amounts necessary in order to continue to insure the Leased Yacht and keep the Leased Yacht insured against all loss or damage.

  • In the event that the Lessee does not pay any Lease Administration Fees including any Insurances Premium as above, upon the due dates of such payments in accordance with this Finance Lease or the Insurances themselves, the Lessor may pay all such amounts necessary in order to continue to insure the Leased Yacht and keep the Leased Yacht insured against all loss or damage.

Related to Lease Administration Fees

  • Administration Fees The sum of (i) the Servicing Fee, (ii) the Master Servicing Fee and (iii) the Credit Risk Management Fee.

  • Administration Fee means the fee payable to the Administrator pursuant to Section 3 of the Administration Agreement.

  • Settlement Administration Expenses means the Settlement Administrator’s fee, and the expenses incurred by the Settlement Administrator in providing Notice, processing exclusions and objections, responding to inquiries from members of the Settlement Class, mailing Settlement checks, and related services, paying taxes and tax expenses related to the Settlement Fund (including all federal, state or local taxes of any kind and interest or penalties thereon, as well as expenses incurred in connection with determining the amount of and paying any taxes owed and expenses related to any tax attorneys and accountants).

  • Settlement Administration Costs means all costs and fees of the Settlement Administrator regarding Notice and Settlement administration.

  • Administration Expenses means all fees, disbursements, expenses, costs, taxes and any other amounts incurred or payable by the Plaintiffs, Class Counsel or otherwise for the approval, implementation and operation of this Settlement Agreement, including the costs of notices, but excluding Class Counsel Fees and Class Counsel Disbursements.

  • Administration Costs means (i) the costs and expenses associated with the production and dissemination of the Notice (as defined in Section 2.10); (ii) all reasonable costs incurred by the Settlement Administrator (as defined in Section 1.40) in administering and effectuating this Settlement, which costs and expenses are necessitated by performance and implementation of this Agreement and any Court orders relating thereto; (iii) all reasonable fees charged by the Settlement Administrator; and (iv) any other costs associated with the settlement, including but not limited to any amounts charged by TIAA or Vanguard.

  • Tuition Fees means a sum specified in the Offer Letter, payable by the Student to cover tuition, access to College facilities, enrolment procedures and orientation meetings, use of Information Technology facilities, exam sitting and a Kaplan award on successful completion of the Programme; and

  • Special Servicing Fees shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing Agreement.

  • Special Servicing Compensation With respect to any Serviced Mortgage Loan, Serviced Loan Combination or REO Property (other than an REO Property related to an Outside Serviced Mortgage Loan), any of the Special Servicing Fee, the Workout Fee, and the Liquidation Fee which shall be due to the Special Servicer.

  • Administration Expenses Payment means the amount the Administrator will be paid from the Gross Settlement Amount to reimburse its reasonable fees and expenses in accordance with the Administrator’s “not to exceed” bid submitted to the Court in connection with Preliminary Approval of the Settlement.

  • Property Management Fee means the fee payable to the Manager for its day-to-day management of the Property pursuant to the Management Agreement.

  • Post-secondary education costs means tuition and other fees associated with obtaining credit from a post-secondary educational institution.

  • Administration Charge means a charge established in accordance with Chapter 90.50A RCW and Chapter 173-98 WAC, to be used to pay Ecology’s cost to administer the State Revolving Fund by placing a percentage of the interest earned in an Administrative Charge Account.

  • Servicer Expenses means any expenses incurred by the Backup Servicer, if it has become the successor Servicer in accordance with this Agreement (including any expenses incurred by the Backup Servicer in connection with the retitling or re-xxxxxxx of the Financed Vehicles), other than Repossession Expenses or Transition Expenses.

  • 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.

  • Medication administration means the direct application of a medication or device by ingestion, inhalation, injection or any other means, whether self-administered by a resident, or administered by a guardian (for a minor), or an authorized health care provider.

  • Additional Special Servicing Compensation As defined in Section 3.11(d).

  • Special Servicing Fee shall have the meaning given to such term in the Servicing Agreement.

  • Master Servicing Compensation The meaning specified in Section 3.14.

  • General Servicing Fee With respect to each Due Period and any Mortgage Loan, an amount equal to one-twelfth the product of (i) the General Servicing Fee Rate and (ii) the outstanding principal balance of such Mortgage Loan as of the related Determination Date. The General Servicing Fee is payable solely from, the interest portion (including recoveries with respect to interest from Liquidation Proceeds to the extent permitted by Section 3.02 of this Agreement) of such Monthly Payments collected by the Servicer, or as otherwise provided under this Agreement. General Servicing Fee Rate: 0.50% per annum.

  • Servicing Compensation With respect to each Distribution Date, the sum of (i) the aggregate Servicing Fee for such Distribution Date subject to reduction as provided in Section 3.17, (ii) any Ancillary Income, (iii) Excess Proceeds for the preceding month and (iv) the Servicer Custodial Account Reinvestment Income for such Distribution Date.

  • Permitted Special Servicer/Affiliate Fees Any commercially reasonable treasury management fees, banking fees, title insurance and/or other insurance commissions and fees, title agency fees, and appraisal review fees received or retained by the Special Servicer or any of its Affiliates in connection with any services performed by such party with respect to any Serviced Loan or REO Property, in each case, in accordance with Article III of this Agreement.

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

  • Servicer Fee has the meaning specified in Section 2.05(a).

  • Servicing Advance Reimbursement Amounts As defined in Section 3.22.

  • Property Protection Expenses Any costs and expenses incurred by the Master Servicer, the Special Servicer or the Trustee pursuant to Section 3.04, 3.07, 3.10(f), 3.10(g) or 3.17(b) or indicated herein as being a cost or expense of the Lower-Tier REMIC to be advanced by the Master Servicer or the Trustee, as applicable.