Monthly Administrative Fee definition

Monthly Administrative Fee means a monthly administrative fee equal to one-twelfth (1/12 ) of the Administrative Charge.
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Monthly Administrative Fee means, with respect to any Remittance -------------------------- Date, the product of (x) one twelfth, (y) 0.10% per annum and (z) the Net Investment outstanding immediately prior to such Remittance Date. The Monthly Administrative Fee is included in the calculation of the Note Rate.
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Monthly Administrative Fee means S850.00 per month, charged at the end of each month with no pro-rations. Seller irrevocably authorizes MBR3 to charge Seller this amount until the later of (1) the termination of this agreement or (2) until no remaining obligations are due MBFG under this agreement.
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Examples of Monthly Administrative Fee in a sentence

  • NGEs include the Cost of Insurance rates, Mortality and Expense Risk (“M&E”) Charge, Premium Load, Monthly Administrative Fee, interest rate used to credit the Fixed Account, and Persistency Bonus Rate.

  • The No-Lapse Monthly Deduction for a policy month will be calculated as Charge (1) plus Charge (2) where: CHARGE 1 is the No-Lapse Cost of Insurance (as described in the "No-Lapse Cost of Insurance" provision of this rider) and the cost of any additional benefits provided by rider for the policy month; and CHARGE 2 is the No-Lapse Monthly Administrative Fee (as described in the "No-Lapse Expense Charges and Fees" provision of this rider).

  • The Monthly Deduction for a policy month will be calculated as Charge (1) plus Charge (2) where: CHARGE (1) is the Cost of Insurance (as described in COST OF INSURANCE) and the cost of any supplemental riders or optional benefits, and CHARGE (2) is the Monthly Administrative Fee as described under SCHEDULE 2.

  • The initial amount of said Guarantee shall be three (3) times Licensee’s initial Monthly Administrative Fee.

  • For the license rights granted herein, Licensee shall pay to City (i) an Application Fee, (ii) a Monthly Administrative Fee, and (iii) all other applicable fees required under the CSPP, all of which are fully described and set forth in Exhibit C (“Payments to City”).

  • Cost of Insurance; Guaranteed Maximum Monthly Administrative Fee; Guaranteed Maximum Mortality and Expense ("M&E") Risk Charge Rate; Transfer Fee Table of Guaranteed Maximum Cost of Insurance Rates.........................................................................................

  • The No-Lapse Monthly Deduction for a Policy Month will be calculated as (1) plus (2) where: (1) is the No-Lapse Cost of Insurance (as described in the No-Lapse Cost of Insurance provision of this rider) and the cost of any additional benefits provided by rider for the Policy Month; and (2) is the No-Lapse Monthly Administrative Fee (as described in the Expense Charges and Fees for No-Lapse Value provision of this rider).

  • Monthly Administrative Fee: The participant pays the monthly administrative fee directly to the drug and alcohol recovery monitory program.

  • NGEs include the Cost of Insurance rates, Mortality and Expense Risk (“M&E”) Charge, Premium Load, Monthly Administrative Fee, interest rate used to credit the Fixed Account, Persistency Bonus Rate, and interest credited to the Loan Account.

  • NGEs include the Cost of Insurance Rates, Mortality and Expense Risk ("M&E") Charge Rate, Premium Load, Monthly Administrative Fee, interest rate used to credit the Fixed Account, and Persistency Bonus Rate.Owner The person(s) or entity(ies) shown in the Policy Specifications who may exercise rights under this Policy, unless later changed as provided for by this Policy.


More Definitions of Monthly Administrative Fee

Monthly Administrative Fee means the monthly deposit in the amount of $416.67 to ensure timely payment of the amount pursuant to Section 3.5 of the Security Instrument.
Sample 1
Monthly Administrative Fee means, with respect to any Remittance Date, the product of (x) one twelfth, (y) 0.10% per annum and (z) the Net Investment outstanding immediately prior to such Remittance Date. The Monthly Administrative Fee is included in the calculation of the Note Rate.
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Monthly Administrative Fee means the amounts, invoiced to and payable by Grid User on a monthly basis based on the performed assignment transactions on the secondary market, cancellations and the subscribed webtrack real time services, invoiced with the Monthly ADM Invoice in accordance with this Standard Transmission Agreement (STA – Attachment 2 – Article 6), the Access Code for Transmission (ACT – Attachment A) and the Regulated Tariffs.
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Related to Monthly Administrative Fee

  • Administrative Fee is defined in Section 4.1(a).

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

  • Administrative Cost Rate As of any date of determination, a rate equal to the sum of the Servicing Fee Rate, the Operating Advisor Fee Rate, the Asset Representations Reviewer Ongoing Fee Rate, the CREFC® Intellectual Property Royalty License Fee Rate and the Trustee/Certificate Administrator Fee Rate.

  • Monthly Service Fee means a monthly charge to a member for continuing care and not as rent, or a daily prorated portion thereof.

  • Servicing Advance Reimbursement Amounts As defined in Section 3.22.

  • Monthly Charges means a finance carrying charge of one and one-half of one percent (1.5%) and a storage and handling charge of one-half of one percent (0.5%), in each case of the Cost of the Inventory and/or Special Inventory and/or of the fees for the Product affected by the reschedule or cancellation (as applicable) per month until such Inventory and/or Special Inventory and/or Product is returned to the vendor, used to manufacture Product or is otherwise purchased by Customer.

  • Provider fee means the consideration paid for a service contract.

  • Advance Reimbursement Amount has the meaning stated in Section 4.4(b) of the Servicing Supplement.

  • Master Servicer Prepayment Charge Payment Amount The amounts payable by the Master Servicer pursuant to Section 2.03(b) in respect of any waived (or, with respect to subsequent changes of law, any unenforceable) Prepayment Charges.

  • Advance Reimbursement Amounts As defined in Section 3.29 hereof.

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

  • Monthly Report Determination Date The meaning specified in Section 10.7(a).

  • Master Servicer Remittance Amount With respect to each Master Servicer and each Master Servicer Remittance Date, an amount equal to (a) all amounts on deposit in such Master Servicer’s Collection Account as of 11:00 a.m., New York City time, on such Master Servicer Remittance Date, net of (b) any portion of the amounts described in clause (a) of this definition that represents one or more of the following: (i) collected Monthly Payments with respect to any Mortgage Loan serviced by such Master Servicer that are due on a Due Date following the end of the related Collection Period, (ii) to the extent not covered by clause (i) above, any payments of principal (including Principal Prepayments) and interest, Insurance Proceeds, Condemnation Proceeds and Liquidation Proceeds Received by the Trust with respect to any Mortgage Loan or REO Property serviced by such Master Servicer after the end of the related Collection Period, (iii) any Prepayment Premiums and/or Yield Maintenance Charges Received by the Trust with respect to any Mortgage Loan or successor REO Mortgage Loan serviced by such Master Servicer with respect thereto after the end of the related Collection Period, (iv) any Excess Liquidation Proceeds, (v) any amounts payable or reimbursable to any Person from such Collection Account pursuant to clauses (ii) through (xxii) of Section 3.05(a), and (vi) any amounts deposited in such Collection Account in error; provided that the Master Servicer Remittance Amount with respect to such Master Servicer for the Master Servicer Remittance Date that occurs in the same calendar month as the anticipated Final Distribution Date shall be calculated without regard to clauses (b)(i), (b)(ii), (b)(iii) and (b)(iv) of this definition.

  • Initial Monthly Payment Fund An amount representing scheduled principal amortization and interest at the Net Mortgage Rate for the Due Date in the first Due Period commencing subsequent to the Cut-off Date for those Mortgage Loans for which the Trustee will not be entitled to receive such payment, and as more specifically defined in the Series Supplement.

  • Monthly Servicing Fee shall have the meaning specified in subsection 3.01.

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

  • Settlement Administration Expenses means the expenses incurred by the Settlement Administrator in providing Notice, processing claims, responding to inquiries from members of the Settlement Class, mailing checks for Approved Claims, 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).

  • Payment Date Advance Reimbursement has the meaning set forth in Section 8.03(a)(iii)(A) of the 20[•]-[•] Servicing Supplement.

  • Administrative Charge means, with respect to any Lease, any payment (whether or not part of the fixed monthly payment) payable to the related Lessor representing a disposition fee, a late payment fee, an Extension Fee, an allocation to the related Lessee of insurance premiums, sales, personal property or excise taxes or any other similar charge.

  • Applicable Monthly Payment For any Mortgage Loan (including an Outside Serviced Mortgage Loan) with respect to any month (including any such Mortgage Loan as to which the related Mortgaged Property has become an REO Property), the Monthly Payment; provided, however, that for purposes of calculating the amount of any P&I Advance required to be made by the Master Servicer or the Trustee, notwithstanding the amount of such Applicable Monthly Payment, interest shall be calculated at the Mortgage Rate less the Servicing Fee Rate and, if applicable, shall be exclusive of Excess Interest; and provided, further, that for purposes of determining the amount of any P&I Advance, the Monthly Payment shall be as reduced pursuant to any modification of a Mortgage Loan pursuant to Section 3.24 of this Agreement or pursuant to the applicable Outside Servicing Agreement, or pursuant to any bankruptcy, insolvency, or other similar proceeding involving the related Mortgagor.

  • Annual Service Charge for any period means the maximum amount which is payable during such period for interest on, and the amortization during such period of any original issue discount of, Debt of the Company and its Subsidiaries and the amount of dividends which are payable during such period in respect of any Disqualified Stock.

  • Monthly Remittance Amount The sum of the Group I Monthly Remittance Amount and the Group II Monthly Remittance Amount.

  • Servicer Expenses Any expenses incurred by the Backup Servicer, if it has become the Successor Servicer hereunder, other than Repossession Expenses, Reliening Expenses or Transition Expenses.

  • Administrative Fee Rate The sum of the Servicing Fee Rate, the Trustee/Certificate Administrator Fee Rate and the CREFC® Licensing Fee Rate.

  • Monthly Debt Service Payment Amount means, for each Monthly Payment Date, an amount equal to the amount of interest which is then due on all the Components of the Loan in the aggregate for the Interest Period during which such Monthly Payment Date occurs.

  • Monthly Fees means, collectively, [INSERT FOR HFS: the Monthly Food and Beverage Fee,] the Monthly Program Fee and the Monthly Royalty Fee, each of which is set forth in the Addendum. [INSERT FOR HFS: “Monthly Food and Beverage Fee” means the fee we require from you in Subsection 8.2, which is set forth in the Addendum.]