Purchaser Group Fee Letter definition

Purchaser Group Fee Letter has the meaning set forth in Section 1.5 of this Agreement.

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Purchaser Group Fee Letter has the meaning set forth in SECTION 1.5 of the Agreement.

Purchaser Group Fee Letter has the meaning set forth in Section 1.5 of this Agreement. “Purchasers’ Share” of any amount, at any time, means such amount multiplied by the Purchased Interest at such time. “Purchasing Related Committed Purchaser” has the meaning set forth in Section 6.3(c) of this Agreement. “Ratable Share” means, for each Purchaser Group, such Purchaser Group’s aggregate Commitments divided by the aggregate Commitments of all Purchaser Groups. “Rating Agency Condition” means, when applicable, with respect to any material event or occurrence, receipt by the Administrator (or the applicable Purchaser Agent) of written confirmation from each of Standard & Poor’s and Moody’s (and/or each other rating agency then rating the Notes of the applicable Conduit Purchaser) that such event or occurrence shall not cause the rating on the then outstanding Notes of any applicable Purchaser to be downgraded or withdrawn. “Receivable” means any indebtedness and other obligations owed to any Originator or the Seller or any right of the Seller or any Originator to payment from or on behalf of an Obligor or any right to reimbursement for funds paid or advanced by the Seller or any Originator on behalf of an Obligor, whether constituting an account, chattel paper, payment intangible, instrument or general intangible, however arising (whether or not earned by performance), and includes, without limitation, the obligation to pay any finance charges, fees and other charges with respect thereto; provided that, the term Receivable shall

Examples of Purchaser Group Fee Letter in a sentence

After the Aggregate Investment, Aggregate Discount, fees payable pursuant to each Purchaser Group Fee Letter and Servicing Fees with respect to the Purchased Interest, and any other amounts payable by the Seller and the Servicer to each Purchaser Group, the Administrator or any other Indemnified Party or Affected Person hereunder, have been paid in full, all additional Collections with respect to the Purchased Interest shall be paid to the Seller for its own account.
After the Aggregate Capital, Aggregate Discount, fees payable pursuant to each Purchaser Group Fee Letter and Servicing Fees with respect to the Purchased Interest, and any other amounts payable by the Seller and the Servicer to each Purchaser Group, the Administrator or any other Indemnified Party or Affected Person hereunder, have been paid in full, all additional Collections with respect to the Purchased Interest shall be paid to the Seller for its own account.
The Seller shall apply the Seller’s Share of Collections to make payments in the following order of priority: (i) the payment of its expenses (including all obligations payable to the Purchaser Groups and the Administrator under this Agreement and under each Purchaser Group Fee Letter); (ii) the payment of accrued and unpaid interest on the Company Note; and (iii) other legal and valid corporate purposes.
The Seller shall apply the Seller’s Share of Collections to make payments in the following order of priority: (i) the payment of its expenses (including all obligations payable to the Purchaser Groups and the Administrator under the Agreement and under each Purchaser Group Fee Letter); (ii) the payment of accrued and unpaid interest on the Company Note; and (iii) other legal and valid corporate purposes.
The Seller shall apply the Seller's Share of Collections to make payments in the following order of priority: (i) the payment of its expenses (including all obligations payable to the Purchaser Groups and the Administrator under the Agreement and under each Purchaser Group Fee Letter); (ii) the payment of accrued and unpaid interest on the Company Note; and (iii) other legal and valid corporate purposes.
Evidence of payment by the Seller of all accrued and unpaid fees (including those contemplated by each Purchaser Group Fee Letter), costs and expenses to the extent then due and payable on the date thereof, including any such costs, fees and expenses arising under or referenced in Section 6.4 of this Agreement and the applicable Purchaser Group Fee Letters.
The Seller shall apply the Seller's Share of Collections to make payments in the following order of priority: (i) the payment of its expenses (including all obligations payable to the Purchaser Groups and the Administrator under the Agreement and under each Purchaser Group Fee Letter); (ii) the payment of accrued and unpaid interest on the Company Note; and (iii) other legal and valid organizational purposes.
This Amendment shall become effective as of the date hereof upon receipt by the Administrator of (i) counterparts of this Amendment executed by each of the other parties hereto and (ii) counterparts of that certain Purchaser Group Fee Letter, dated as of the date hereof, executed by the Seller, the Servicer, PNC and Market Street, in each case in form and substance satisfactory to the Administrator in its sole discretion.
After the Aggregate Capital, Aggregate Discount, fees payable pursuant to each Purchaser Group Fee Letter and Servicing Fees with respect to the Purchased Interest, and any other amounts payable by the Seller and the Servicer to each Purchaser Group, the Administrator, the Structuring Agent or any other Indemnified Party or Affected Person hereunder, have been paid in full, all additional Collections with respect to the Purchased Interest shall be paid to the Seller for its own account.
The Seller shall apply the Seller's Share of Collections to make payments in the following order of priority: (i) the payment of its expenses (including all obligations payable to the Purchaser Groups and the Administrator under the Agreement and under each Purchaser Group Fee Letter); (ii) the payment of accrued and unpaid interest on the Sale and Contribution Notes; and (iii) other legal and valid corporate purposes.

More Definitions of Purchaser Group Fee Letter

Purchaser Group Fee Letter means (a) with respect to the Purchaser Group in which Redwood and GE Capital are members, the Redwood Fee Letter, and (b) with respect to each other Purchaser Group, those certain letter agreements in respect of each Purchaser Group among the Seller, the Servicer and the related Purchaser Agent whereby Seller agrees to pay to the Purchaser Agent (on behalf of its Related Purchasers) the fees, including the Purchaser Group Commitment Fees, in the amounts and on the dates set forth in each such letter, in each case, as the same may be amended, restated, supplemented, or otherwise modified from time to time.

Purchaser Group Fee Letter referred to in Section 1.5 of the Receivables Purchase Agreement. Seller agrees to pay, to PNC for Purchaser’s account, the following fees:

Purchaser Group Fee Letter has the meaning set forth in the Receivables Purchase Agreement.

Purchaser Group Fee Letter means (a) with respect to the Purchaser Group with respect to which GE Capital is the Purchaser Agent, the GE Capital Fee Letter, (b) with respect to which SMBC Securities, Inc. is the Purchaser Agent, the Sumitomo Fee Letter, and (c) with respect to each other Purchaser Group, those certain letter agreements in respect of each Purchaser Group among the Seller, the Servicer and the related Purchaser Agent whereby the Seller agrees to pay to the Purchaser Agent (on behalf of the Purchasers in its related Purchaser Group) certain fees in the amounts and on the dates set forth in each such letter.

Purchaser Group Fee Letter has the meaning set forth in SECTION 1.5 of the Agreement. "PURCHASERS' SHARE" of any amount means such amount multiplied by the Purchased Interest at the time of determination.