Switching Fee Payment Checks definition

Switching Fee Payment Checks means the checks issued to an Existing Customer by the Settlement Claims Administrator pursuant to Paragraph 5.3 to 5.5, and which are drawn on the Switching Fee Payment Account.
Sample 1Sample 2Sample 3

Examples of Switching Fee Payment Checks in a sentence

  • As for all Restitution and Switching Fee Payment Checks mailed but returned as undeliverable for whatever reason (e.g., no current address found) or which have expired, no further action is necessary.

  • The Settlement Claims Administrator shall use this data for mailing Switching Fee Payment Checks to the Existing Customers.

  • The monies represented by such undeliverable or expired Restitution Checks shall be remitted and delivered to the Commission in a check drawn on the Restitution Account and made payable to the Commission in accordance with Paragraph 5.1. The monies represented by such undeliverable or expired Switching Fee Payment Checks shall be remitted and delivered to the Companies as stated in Paragraph 5.2.

  • The Settlement Claims Administrator shall distribute the Restitution Checks to each Eligible Consumer in an amount and in the manner described by Paragraphs 3.4 through 3.5. The Switching Fee Payment Checks shall be distributed to Existing Customers in an amount and in the manner described by Paragraphs 4.4 through 4.5. Both types of Checks shall state that they will become void if not cashed or deposited within NINETY (90) days after the date of the Check.

  • In accordance with Paragraphs 3.4 through 3.5 and 4.4 and 4.5, the Settlement Claims Administrator shall mail via first class U.S. Mail the Restitution and the Switching Fee Payment Checks.

  • Pursuant to Paragraphs 5.1 through 5.3, the Settlement Claims Administrator shall remit and report to the Commission its distribution and the returns of Restitution and Switching Fee Payment Checks.

  • According to the Fee Agreement between the Respondents and the Settlement Claims Administrator, the Settlement Claims Administrator shall receive no more than $ 17,000.00 for processing and mailing of the Restitution Checks; and no more than $14,450.00 for the processing and mailing of the Switching Fee Payment Checks.

  • Concurrently with such reporting, the Settlement Claims Administrator shall refund the Companies from the Switching Fee Payment Account, an amount of monies corresponding to the total amount of all Switching Fee Payment Checks that have expired or were returned to the Settlement Claims Administrator as undeliverable (e.g., unknown current mailing address or forwarding address).

  • Pursuant to Paragraph 4.2, CSD will then forward a copy of this additional data to the Settlement Claims Administrator for purposes of processing and delivering Switching Fee Payment Checks as provided at Paragraph 4.2 et seq.

  • The Switching Fee Payment Checks shall be sent via USPS by first class mail with the return address of the Settlement Claims Administrator included.

Related to Switching Fee Payment Checks

  • Accrued Servicing Fees based upon the Scheduled Principal Balance of the Mortgage Loan as calculated on a monthly basis.

  • Special Servicing Fees shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing Agreement.

  • L/C Fee Payment Date the last day of each March, June, September and December and the last day of the Revolving Credit Commitment Period.

  • Processing Fees means all routine, generally applicable City-wide fees required by the City for processing applications and permits including, but not limited to, fees for land use applications, building applications, building permits, and certificates of occupancy.

  • Excess Servicing Fees With respect to each Mortgage Loan (including an REO Mortgage Loan), that portion of the Servicing Fee that accrues at a per annum rate equal to the Excess Servicing Fee Rate.

  • Servicing Fees With respect to each Mortgage Loan and REO Loan, the Master Servicing Fee and the Special Servicing Fee.

  • Deferred Sales Charge Payment Dates means the dates specified for deferred sales fee installments under "Investment Summary--Fees and Expenses" in the Prospectus for the Trust.

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

  • Monthly Servicing Fee shall have the meaning specified in subsection 3.01.

  • Advance Reimbursement Amounts As defined in Section 3.29 hereof.

  • Special Servicing Fee shall have the meaning given to such term in the Servicing Agreement.

  • Master Servicer Prepayment Charge Payment Amount The amounts payable by the Master Servicer pursuant to Section 2.03(b) in respect of any waived (or, with respect to subsequent changes of law, any unenforceable) Prepayment Charges.

  • Fee Payment Date (a) the third Business Day following the last day of each March, June, September and December and (b) the last day of the Revolving Commitment Period.

  • Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.

  • Monthly Service Fees means the monthly (or 1/12 of the annual fee) subscription fees paid for the affected Cloud Service which did not meet the SA SLA.

  • Additional Servicing Compensation means any servicing compensation (other than Servicing Fees, Special Servicing Fees, Workout Fees or Liquidation Fees) that any Servicer is entitled to retain under the Servicing Agreement.

  • Distribution Payment Date has the meaning set forth in paragraph 2(b) of Annex I.

  • Servicer Fee has the meaning specified in Section 2.05(a).

  • Processing Fee means in relation to a Transaction Summary delivered: