Program Fee Amount definition

Program Fee Amount means, for any Settlement Period or part thereof, an amount equal to the product of (i) the Program Fee and (ii) the average daily Net Investment during the days elapsed in such Settlement Period and (iii) the quotient of the number of days elapsed during such Settlement Period divided by 360.
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Program Fee Amount means, for a given Sale Date Loan Pool with respect to a Distribution Date, an amount equal to the sum of (1) the product of: (A) the Program Fee Rate related to such Sale Date Loan Pool, (B) the Net Investment Amount after all payments to the Buyer on the Prior Distribution Date, and (C) the actual number of days elapsed during the Due Period related to such Distribution Date divided by 360 and (2) the aggregate of all Program Fee Amounts due on prior Distribution Dates that remain unpaid.
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Program Fee Amount means, with respect to a Distribution Date, an amount equal to the sum of (a) the product of: (i) the applicable Program Fee Rate, (ii) the daily Net Investment Amount for the applicable period, and (iii) the actual number of days elapsed from and including the prior Distribution Date to but excluding the next Distribution Date divided by either three hundred sixty five (365) or three hundred sixty six (366) (such number, the actual number of days in the year in which such Due Period begins), and (b) the aggregate of all Program Fee Amounts due on prior Distribution Dates that remain unpaid. The Program Fee Amount calculation for the first Distribution Date shall be based upon the period commencing on the first Sale Date to but excluding the first Distribution Date.
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Examples of Program Fee Amount in a sentence

  • The Seller agrees to pay to applicable Buyer Agent, for the account of the applicable Buyer, as applicable, in consideration for the Purchase Obligation hereunder, from and including the Closing Date to but excluding the Expiration Date, the Facility Fee Amount and the Program Fee Amount.

  • To the extent the Facility Fee Amount and the Program Fee Amount is not paid from Collections in accordance with Section 5.03 or 5.04 hereof, the Facility Fee Amount and the Program Fee Amount shall be absolute and unconditional obligations of the Seller.

  • The accrued Facility Fee Amount and the Program Fee Amount shall be due and payable to each Buyer in accordance with Sections 5.03 and 5.04 hereof until the date on which the Net Investment of such Buyer shall have the been finally paid in full and this Agreement is terminated.


More Definitions of Program Fee Amount

Program Fee Amount means, for any Settlement Period or part thereof with respect to a Buyer, an amount equal to the product of (i) the Program Fee and (ii) either the average daily Liberty Net Investment or the average daily Gotham Net Investment, as the case may be, during the days elapsed in such Settlement Period and (iii) the quotient of the number of days elapsed during such Settlement Period divided by 360. “Program Support Agreement” means, collectively, all liquidity agreements, funding agreements (other than the Liquidity Agreements), credit agreements, letter of credit agreements, surety agreements, security agreements, letters of credit and all other agreements which may be in effect from time to time and which provide liquidity or credit support in respect of the commercial paper issued by a Buyer, excluding, in the sole discretion of the related Managing Agent, any such agreement the absence of which would not reasonably be expected to have a material adverse effect on the ability of such Buyer to issue its commercial paper to fund the Liberty Net Investment or the Gotham Net Investment, as the case may be, hereunder.
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Related to Program Fee Amount

  • Program Fee As defined in the Fee Letter.

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

  • Program Fee Rate has the meaning set forth in the Fee Letter.

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

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

  • 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.

  • Reimbursement Amount As defined in Section 2.04.

  • 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.

  • Servicing Fee Percentage With respect to each Mortgage Loan, the percentage specified on the Servicer Mortgage Loan Schedule.

  • Utilization Fee Rate means the percentage set forth in Schedule 1 hereto beside the then applicable Level.

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

  • Commitment Fee has the meaning specified in Section 2.09(a).

  • Advance Reimbursement Amounts As defined in Section 3.29 hereof.

  • Processing Fees means all routine, generally applicable City-wide fees required by the City for processing applications and permits including, but not limited to, fees for land use applications, building applications, building permits, and certificates of occupancy.

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

  • Origination Fee means any origination fee payable to the Department by the lender with respect to any Trust Student Loan.

  • Drawing Fee means, with respect to each Draft drawn by TCCI and purchased by any Person on any Drawing Date and subject to the provisions of Section 2.15, an amount equal to the product of (i) the Applicable Rate times the aggregate Face Amount of the Draft, multiplied by (ii) a fraction the numerator of which is the number of days in the term to maturity of such Draft and the denominator of which is 365 or 366, as applicable.

  • Capitalization Reimbursement Amount As to any Distribution Date, the amount of Advances or Servicing Advances that were added to the Stated Principal Balance of the related Mortgage Loans during the prior calendar month and reimbursed to the Master Servicer or Subservicer on or prior to such Distribution Date pursuant to Section 3.10(a)(vii), plus the Capitalization Reimbursement Shortfall Amount remaining unreimbursed from any prior Distribution Date and reimbursed to the Master Servicer or Subservicer on or prior to such Distribution Date.

  • Facility Fee has the meaning specified in Section 2.09(a).

  • Development Fee means a fee for the packaging of a Property, including negotiating and approving plans, and undertaking to assist in obtaining zoning and necessary variances and necessary financing for the Property, either initially or at a later date.

  • Liquidation Fee Rate With respect to each Specially Serviced Mortgage Loan or REO Property as to which a Liquidation Fee is payable, 1.0%.

  • Applicable Commitment Fee Rate shall mean the percentage rate per annum based on the Leverage Ratio then in effect according to the pricing grid on Schedule 1.1(A) below the heading “Commitment Fee.”

  • Gross advance amount means the sum payable to the payee or for the payee's account as consideration for a transfer of structured settlement payment rights before any reductions for transfer expenses or other deductions to be made from such consideration.

  • Advance Amount means with respect to Class A Advances, the Class A Advance Amount and, with respect to Class B Advances, the Class B Advance Amount.

  • Base Servicing Fee means the fee payable to the Servicer on each Distribution Date for services rendered during the related Collection Period, which shall be equal to one-twelfth of the Servicing Rate multiplied by the Pool Balance as of the close of business on the last day of the immediately preceding Collection Period or, with respect to the first Distribution Date, the Original Pool Balance.