Securitization Costs means the actual costs and expenses incurred by FMC, the Purchaser Trust, and all others entitled to payment for expenses by the Purchaser Trust or FMC, in connection with a Securitization Transaction including, without limitation, the following: (Structuring and Origination Fees; Copy/Binding Costs) (Underwriting Expenses) (Rating Fee) (Owner Trustee and Indenture Trustee Transaction and First Year Fees; Expenses) (Counsel for Indenture Trustee) (Counsel for FMC) (Servicer Auditor) (Bond Insurer)
Securitization Costs shall have the meaning set forth in Section -------------------- ------- 2.14. ----
Securitization Costs means the actual costs and expenses incurred by FMC, the Purchaser Trust, and all others entitled to payment for expenses by the Purchaser Trust or FMC, in connection with a Securitization Transaction, including, without limitation, the following: Owner Trustee and Indenture Trustee (Transaction and First Year Fees; Expenses)
Examples of Securitization Costs in a sentence
FMC or the Purchaser Trust shall be solely responsible for and shall pay any Securitization Costs and any and all obligations it has incurred in connection with the purchase, financing of purchase and securitization of the Seasoned Loans.
FMC or the Purchaser Trust shall be solely responsible for and shall pay any Securitization Costs and any and all obligations it has incurred in connection with the purchase, financing of purchase and securitization of the EDUCATION ONE Loans.
If all we care about is which state is optimal, this measure is sufficient.
FMC or the Purchaser Trust shall be solely responsible for and shall pay any Securitization Costs and any and all obligations it has incurred in connection with the purchase, financing of purchase and securitization of the NextStudent Conforming Loans.
FMC or the Purchaser Trust shall be solely responsible for and shall pay any Securitization Costs and any and all obligations it has incurred in connection with the purchase, financing of purchase and securitization of the Seasoned Loans in a Securitization Transaction.
More Definitions of Securitization Costs
Securitization Costs means the actual costs and expenses incurred by NCT, the Purchaser Trust, and all others entitled to payment for expenses by the Purchaser Trust or NCT, in connection with a Securitization Transaction, including, without limitation, the following: First Marblehead (Structuring and Origination Fees; Copy/Binding Costs) Xxxxxxx Sachs (Underwriting Expenses) Xxxxx'x (Rating Fee) State Street Bank & Trust (Transaction and First Year Fees; Expenses) Delaware Trust Co. (Transaction and First Year Fees) Xxxxxxx & Xxxxxxx (Counsel for State Street) Xxxxxxx Xxxxxxxx & Wood (Counsel for NCT) Ernst & Young (Servicer Audit) Standard & Poor's CUSIP (GRADS Bonds Cusip Assignment)
Securitization Costs means the actual costs and expenses incurred by FMC, the Purchaser Trust, and all others entitled to payment for expenses by the Purchaser Trust or FMC, in connection with a Securitization Transaction, including, without limitation, the following: (Structuring and Origination Fees; Copy/Binding Costs) (Underwriting Expenses) (Rating Fee) (Transaction and First Year Fees; Expenses) Owner Trustee and Indenture Trustee (Transaction and First Year Fees; Expenses) (Counsel for Indenture Trustee) (Counsel for FMC) (Servicer Audit) (Bond Insurer)
Securitization Costs means any pre-tax costs incurred or to be incurred by NextEra Energy, Inc. or the Electrical Utility to finance or refinance, directly or indirectly, a portion of the cost of the Securitization Activity, as determined by the Electrical Utility in its sole discretion and approved pursuant to a Financing Order. Securitization Costs also include the following, as approved in a Financing Order:
Securitization Costs. Securitization Expense Sub-Account," "Spread " "Stabilization Date," "Stabilization Date Loan Amount," "Stabilization Date Payment Date," "Stabilization Interest Rate," "Stabilization Optimum Debt Service Coverage Ratio," "Successor Obligor," "Substitute Loan Documents," "Substitute Property," "Ten Year Treasury Rate," "Treasury Rate," "Unpaid Excess Loan Amount," "Underwriting NOI Criteria," "Unpaid Excess Loan Amount," "Warrant," "Security Agreement."
Securitization Costs means the actual costs and expenses incurred by FMC, the Purchaser Trust, and all others entitled to payment for expenses by the Purchaser Trust or FMC, in connection with a Securitization Transaction, including, without limitation, the following: (Structuring and Origination Fees; Copy/Binding Costs) (Underwriting Expenses) (Rating Fee) (Owner Trustee and Indenture Trustee Transaction and First Year Fees; Expenses) (Counsel for Indenture Trustee) (Counsel for FMC) (Servicer Audit) (Bond Insurer) "Securitization Transaction" shall mean and refer to the purchase of a Pool of Bank of America SC Conforming Loans by a Purchaser Trust funded through the issuance and sale of commercial paper, certificates, bonds or other securities or evidences of indebtedness, the repayment of which is supported by payments on the Bank of America SC Conforming Loans included in such Pool. A Securitization Transaction may include, without limitation, a continuing series of transactions occurring on a periodic basis in which Program Lender makes a sale of then-outstanding Seasoned Loans to a Purchaser Trust, which Purchaser Trust in turn either utilizes the Pool directly as collateral for its own debt or resells the Pool (in whole or in part) in further sales to a securitization conduit providing financing to the Purchaser Trust. "Servicer" shall mean and refer to The Pennsylvania Higher Education Assistance Agency ("PHEAA"), or such other servicer as may be retained by the holder of Bank of America SC Conforming Loans in accordance with the terms hereof and of the Umbrella Agreement. "Servicing Agreement" refers to: (a) the Servicing Agreement entered into between Servicer and Program Lender with respect to servicing of Bank of America SC Conforming Loans, as amended from time to time, and (b) any subsequent servicing agreement between Program Lender and the Servicer governing servicing of Bank of America SC Conforming Loans purchased under this Agreement. "Servicing Assignment and Servicer Consent Letter" means the form of assignment and consent attached hereto as Exhibit B. "SPE" means a special purpose entity formed and operated for the sole purpose of acting as purchaser and owner of Bank of America SC Conforming Loans. "Term" shall mean the period commencing on the effective date hereof and ending upon termination hereof, all as set forth in Article X. "Trust Agreement" means, with respect to any particular Securitization Transaction, the agreement pursuant to which a Purch...
Securitization Costs means the sum of: (i) the actual or a reasonable, good faith estimate, determined by Bank, of all underwriting, legal and accounting costs, and all fees that would be paid to one or more rating agencies for rating the instruments or securities to be issued; (ii) the Securitization Fee; and (iii) the Profit Participation Amount for Bank Loans (other than Confirmed Loans), if any, contributed to such a Securitization.
Securitization Costs means that portion of the reasonable fees to be -------------------- paid by Owner of the reasonable fees charged by any trustee or other administrator or servicing agent in connection with any securitization in which the Loan is included and all fees, expenses or disbursements of the Rating Agencies in connection with its surveillance and maintenance of its rating or shadow rating of the long term unsecured debt of Owner.