Receivables Servicing Fee definition

Receivables Servicing Fee means the Asset Pool One Receivables Servicing Fee as defined in the Asset Pool One Supplement.
Sample 1Sample 2Sample 3
Receivables Servicing Fee means for any Monthly Period, one-twelfth of the product of (i) the Servicing Fee Percentage for such Monthly Period and (ii) the aggregate amount of Principal Receivables as of the close of business on the last day of the prior Monthly Period.
Sample 1Sample 2Sample 3
Receivables Servicing Fee means, with respect to a Collection Period and a Receivables Servicer, the fee payable to such Servicer for services rendered during such Collection Period, which shall be equal to one-twelfth of the Receivables Servicing Fee Rate multiplied by the [aggregate Principal Balance of the Receivables serviced by such Servicer] as of the first day of the Collection Period.]
Sample 1Sample 2Sample 3

Examples of Receivables Servicing Fee in a sentence

  • For each Monthly Period, the Asset Pool One Servicing Fee shall equal the sum of (i) the servicing fee amount for each Asset Pool One Collateral Certificate, as specified in the related Series Supplement, and (ii) the Asset Pool One Receivables Servicing Fee.


More Definitions of Receivables Servicing Fee

Receivables Servicing Fee has the meaning specified in the Indenture.
Sample 1
Receivables Servicing Fee means for any Monthly Period, one-twelfth of the product of
Sample 1
Receivables Servicing Fee means, with respect to any Monthly Period, one-twelfth of the product of (1) 2% and (2) the Average Principal Balance for such Monthly Period.
Sample 1

Related to Receivables Servicing Fee

  • Receivables Fee means distributions or payments made directly or by means of discounts with respect to any accounts receivable or participation interest issued or sold in connection with, and other fees paid to a Person that is not a Restricted Subsidiary in connection with, any Receivables Facility.

  • Servicing Fee As to any Distribution Date and each Mortgage Loan, an amount equal to the product of (a) one-twelfth of the Servicing Fee Rate and (b) the outstanding principal balance of such Mortgage Loan as of the first day of the related Collection Period.