Remarketing Fees definition
Examples of Remarketing Fees in a sentence
The Remarketing Fees due under the Remarketing Agreement shall constitute Liquidation Expenses and upon reimbursement to the Servicer shall be paid by the Servicer to the Remarketing Agent.
To the extent that there are insufficient Available Funds therefor, the Administrator shall advance from its funds and also pay, on behalf of the Trust, the costs and expenses (other than Remarketing Fees) associated with the remarketing of the Reset Rate Notes, set forth in Section 3 of the Remarketing Agreement, including, without limitation, the fees of the Rating Agencies in connection with any required satisfaction of the Rating Agency Condition.
Any and all recoveries on account of a Defaulted Receivable, including, without limitation, any and all cash proceeds from the sale of repossessed or foreclosed Interval or other property, Insurance Proceeds, and amounts related to overdue interest, but in each case net of Remarketing Fees (to the extent applicable) as well as any amounts received from the Servicer Purchase Option.
The relative benefits received by the Company on the one hand and the Remarketing Agent on the other hand in connection with the remarketing of the Remarketed Senior Notes shall be deemed to be in the same respective proportions as the net proceeds from the remarketing of such Remarketed Senior Notes (before deducting expenses) received by the Company and the total Remarketing Fees and commissions received by the Remarketing Agent bear to the aggregate price paid for the Remarketed Senior Notes.
If the amount on deposit in the Remarketing Fee Fund on any Quarterly Distribution Date, after the payment of any Remarketing Fees due on such Quarterly Distribution Date, exceeds the Reset Period Target Amount, the Issuer may direct the Indenture Trustee to transfer such excess to the Collection Fund on such Quarterly Distribution Date.
After Payout, any and all Subordinated Remarketing Fees previously earned by the General Partner shall be paid, without any interest thereon, by the Partnership, prior to any other distributions to the Partners.
Amounts on deposit in the Remarketing Fee Fund shall be used to pay the Remarketing Fees due on the Reset Rate Notes on its corresponding Reset Date.
To the extent that there are insufficient Available Funds therefor, the Administrator shall advance from its funds and also pay, on behalf of the Trust, the costs and expenses (other than Remarketing Fees) associated with the remarketing of any class of Reset Rate Notes, set forth in Section 3 of the Remarketing Agreement, including, without limitation, the fees of the Rating Agencies in connection with any required satisfaction of the Rating Agency Condition.
Any fees, including Remarketing Fees, in connection therewith shall constitute Liquidation Expenses and will be reimbursed to the Servicer in accordance with the terms of this Indenture.
To the extent that there are insufficient Available Funds therefor, the Administrator shall advance from its funds and also pay, on behalf of the Trust, the costs and expenses (other than Remarketing Fees) associated with the remarketing of any class of Reset Rate Notes, set forth in Section 3 of the Remarketing Administration Agreement 30 Agreement, including, without limitation, the fees of the Rating Agencies in connection with any required satisfaction of the Rating Agency Condition.