Monthly Fee Amount definition

Monthly Fee Amount. For each month, an amount equal to (A) the product of (i) [***] ([***]) and (ii) the total unpaid principal balance of the Mortgage Loans as of the first Business Day of such calendar month that were subserviced by the Subservicer during such calendar month, excluding those Mortgage Loans for which Subservicer is solely performing Master Servicing functions under this Agreement, (B) divided by 12.
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Examples of Monthly Fee Amount in a sentence

  • The Holdings Management Fee shall accrue commencing on the date of this Agreement and Holdings shall remit the Holdings Monthly Fee Amount to the Service Provider pursuant to Section 7.4.

  • The Partnership Group Management Fee shall accrue commencing on the date of this Agreement and the Operating Company shall remit the Partnership Group Monthly Fee Amount to the Service Provider pursuant to Section 7.3.

  • The amount of each such monthly installment shall be $25,000 (the "Monthly Fee Amount") prorated on a daily basis for any partial calendar month during the term of this Agreement.

  • The remainder of the Monthly Fee for such month ("Deferred Monthly Fee Amount") shall accrue, together with interest thereon at an annual rate of eight (8) percent, compounded monthly, and such Deferred Monthly Fee Amounts, together with the accrued interest thereon, shall become due and payable and be paid (i) as provided below in this paragraph, or (ii) 30 days after the termination of this Agreement, whichever is earlier.

  • Payment of the Annual Fee Amount shall be paid by the Authority in twelve equal Monthly Fee Amount installments (Annual Fee/Twelve Months).

  • ASSET MANAGEMENT FEES For our services, you shall pay an monthly fee based on the market value of your Managed Assets (AUM), in accordance with following schedule: Managed Assets(AUM) Monthly Fee Amount <= $500,000 0.0007167 x AUM <= $500k (Approx 0.86% Annually) Amount > $500,000 0.0003584 x remaining Amt > $500k (~50% Discount on Amt > $500k) The fee is billed monthly, in arrears, and is computed on the value of the portfolio on the last day of the preceding month.

  • The Kingbird Group Management Fee shall accrue commencing on April 30, 2016 and First Solar Asset Management, LLC shall remit the Kingbird Group Monthly Fee Amount to the Service Provider pursuant to Section 7.4 together with such Expenses and Services Taxes allocable to Kingbird Group members as though Section 7.2, Section 7.3, and Section 7.4 specifically contemplated their addition as Service Recipients under this Agreement.

  • The Deferred Monthly Fee Amount shall be evidenced by a demand note, in the form attached hereto as Exhibit C, duly executed on behalf of the Company and delivered to the Provider along with the payment of the portion of the Monthly Fee payable hereunder.

  • Effective as of the June 15, 2003 Payment Date, the Management Fee shall be increased to an annual fee of $600,000 and each Monthly Fee Amount shall be increased to $50,000 prorated on a daily basis for any partial calendar month during the term of this Agreement.

Related to Monthly Fee Amount

  • Monthly Fee means the total consideration, including but not limited to, equipment or locker rental,

  • 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.]

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

  • Deferred Sales Charge Payment Date means October 10, 2013 and the tenth day of each month thereafter through February 10, 2014.

  • Deferred Sales Charge Payment Dates means the dates specified for deferred sales fee installments under "Investment Summary--Fees and Expenses" in the Prospectus for the Trust.

  • L/C Fee Payment Date the last day of each March, June, September and December and the last day of the Revolving Credit Commitment Period.

  • Basic Monthly Earnings means your monthly rate of earnings from the Sponsor in effect immediately prior to the date Disability or Partial Disability begins. However, such earnings will not include bonuses, commissions, overtime pay and extra compensation.

  • Like Amount means (a) with respect to a redemption of any Trust Securities, Trust Securities having a Liquidation Amount equal to the principal amount of Notes to be contemporaneously redeemed or paid at maturity in accordance with the Indenture, the proceeds of which will be used to pay the Redemption Price of such Trust Securities, (b) with respect to a distribution of Notes to Holders of Trust Securities in connection with a dissolution of the Trust, Notes having a principal amount equal to the Liquidation Amount of the Trust Securities of the Holder to whom such Notes are distributed and (c) with respect to any distribution of Additional Interest Amounts to Holders of Trust Securities, Notes having a principal amount equal to the Liquidation Amount of the Trust Securities in respect of which such distribution is made.

  • Monthly salary means the portion of a member’s annual compensation which is paid to him or her per month.

  • Monthly Earnings means your gross monthly income from your Employer, not including shift differential, in effect just prior to your date of disability. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • 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.

  • True-Up Amount means the difference between the ABO calculated by using the member’s actual creditable service and the actual final average compensation as of the member’s effective date in the FRS Investment Plan and the ABO initially transferred.

  • Distribution Fee means a percentage of MRP of each of the Subscribed Channels payable by SDSPL to the Licensee towards fee for distribution of each of the Subscribed Channels as more specifically specified in Annexure B and Annexure B-1 of this Agreement.

  • Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.

  • Calculation Amount means the amount specified as such on the face of any Note, or if no such amount is so specified, the Denomination Amount of such Note as shown on the face thereof;

  • Payment Amount as defined in Section 3.5.

  • Quarterly Payment Date means the last Business Day of each March, June, September and December.

  • Processing Fee means in relation to a Transaction Summary delivered:

  • Professional Fee Amount means the aggregate amount of Professional Fee Claims and other unpaid fees and expenses that Professionals estimate they have incurred or will incur in rendering services to the Debtors prior to and as of the Confirmation Date, which estimates Professionals shall deliver to the Debtors as set forth in Article II.B of the Plan.

  • Base Fee means the amount of compensation mutually agreed upon for the completion of Basic Services.

  • Minimum Payment Due means the least payment amount, specified in the “Statement of Account”, required to be paid by the “Principal Cardholder” on or before the “Payment Due Date” in order to keep the “Card Account” active. “Past Due Amount” from previous “Billing Cycle” will form part of the “Minimum Payment Due”.

  • Annual Fees means the annual fees charged by the Trustee for services provided as the trustee and paying agent under the Indenture.

  • L/C Fee has the meaning specified in Section 2.03(i).

  • Annual Service Charge as of any date means the amount which is expensed in any 12-month period for interest on Debt of the Issuer and its Subsidiaries.

  • Maximum Contribution Amount shall equal the excess of (i) the aggregate proceeds received by such Holder pursuant to the sale of such Registrable Notes or Exchange Notes over (ii) the aggregate amount of damages that such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 8(d) are several in proportion to the respective principal amount of the Registrable Securities held by each Holder hereunder and not joint. The Company’s and Subsidiary Guarantors’ obligations to contribute pursuant to this Section 8(d) are joint and several. The indemnity and contribution agreements contained in this Section 8 are in addition to any liability that the Indemnifying Parties may have to the Indemnified Parties.

  • Annual Fee has the meaning stated in Section 4.02(a).