Subordinated Collateral Management Fee means the fee to the Collateral Manager for services rendered and performed of its obligations under this Agreement, in arrears on each Payment Date (subject to availability of funds and the Priority of Payments), in an amount equal to 0.25% per annum of the Fee Basis Amount; measured as of the Determination Date immediately preceding such Payment Date (calculated on the basis of a 360-day year and the actual number of days elapsed).
Subordinated Collateral Management Fee means the monthly fee, accruing from the Closing Date, payable in arrears on each Payment Date for the related Interest Accrual Period, in an amount equal to 0.50% per annum (calculated on the basis of a 360 day year and the actual number of days elapsed) of the Monthly Asset Amount.
Subordinated Collateral Management Fee. The fee payable to the Collateral Manager on each Payment Date in arrears in respect of each Collection Period in accordance with the provisions of Sections 2.7(a) and (b) or Section 2.8, as applicable, which fee shall be equal to (i) the average daily Outstanding Balance of all Loans during the Collection Period related to such Payment Date multiplied by (ii) a rate equal to the Subordinated Collateral Management Fee Rate.
Examples of Subordinated Collateral Management Fee in a sentence
The Senior Collateral Management Fee, the Subordinated Collateral Management Fee and the Incentive Collateral Management Fee.
The Current Deferred Senior Collateral Management Fee and the Current Deferred Subordinated Collateral Management Fee.
The Senior Collateral Management Fee, the Subordinated Collateral Management Fee and the Incentive Collateral Management Fee (including any deferred Senior Collateral Management Fees, any deferred Subordinated Collateral Management Fees and any interest accrued on any deferred Subordinated Collateral Management Fees).
Collectively, the Senior Collateral Management Fee, Subordinated Collateral Management Fee and Collateral Manager Incentive Fee.
The Cumulative Deferred Senior Collateral Management Fee and the Cumulative Deferred Subordinated Collateral Management Fee.
More Definitions of Subordinated Collateral Management Fee
Subordinated Collateral Management Fee. The meaning set forth in the Collateral Management Agreement.
Subordinated Collateral Management Fee shall have the meaning set forth in Section 8(b).
Subordinated Collateral Management Fee means the sum of (i) the fee payable to the Collateral Manager on each Payment Date pursuant to the Collateral Management Agreement, equal to 0.15 per cent. per annum (calculated on the basis of a 360 day year and the actual number of days elapsed in such Due Period) of the daily weighted average aggregate of the Principal Balances of the Portfolio Collateral during the Due Period ending immediately preceding such Payment Date and (ii) any value added tax in respect thereof (whether payable to the Collateral Manager or directly to the relevant taxing authority).
Subordinated Collateral Management Fee means the fee (inclusive of VAT if any and of any other similar indirect tax, charge, impost or duty (if any)) payable to the Collateral Manager in Euro in arrear on each Payment Date pursuant to the Collateral Management Agreement, equal to 0.5 per cent. per annum of the aggregate of the Principal Balances of the Underlying Assets and the Balances standing to the credit of the Principal Account and the Unused Proceeds Account in each case, at the beginning of the Due Period preceding such Payment Date;
Subordinated Collateral Management Fee means, for any Collection Period, an amount equal to the product of (a) 0.25% per annum, multiplied by (b) the Monthly Asset Amount (calculated on the basis of a 360-day year and the actual number of days elapsed in the related Collection Period).
Subordinated Collateral Management Fee. The meaning assigned to such term in the Collateral Management Agreement. The parties acknowledge and agree that the Subordinated Collateral Management Fee has been waived in accordance with Section 8 of the Collateral Management Agreement for so long as ABPCI is the Collateral Manager.
Subordinated Collateral Management Fee means the fee payable by the Issuer to the Collateral Manager at the rate of 0.50 per cent. per annum of the aggregate of the Aggregate Principal Balance and the Balance standing to the credit of the Principal Account and the Unused Proceeds Account, in each case, as at the beginning of the Due Period preceding the applicable Payment Date (together with any value-added tax thereon and any Irish value- added tax payable by the Issuer in respect thereof) payable in arrear on each Payment Date in accordance with the Priorities of Payment; provided that any Subordinated Collateral Management Fee accrued but not paid on the Payment Date on which it is due, together with interest thereon at the rate of 6 month EURIBOR plus 3 per cent. per annum, will be added to the Subordinated Collateral Management Fee due on the next occurring Payment Date;