Transition Cost definition

Transition Cost. Any documented fees, expenses and allocated costs reasonably incurred by a successor master servicer or the Trustee in connection with a transfer of servicing from the Master Servicer to a successor master servicer, including without limitation, any costs or expenses associated with the complete transfer of all master servicing data and the completion, correction or manipulation of such master servicing data as may be required by the Trustee to correct any errors or insufficiencies in the master servicing data or otherwise to enable the Trustee to master service the Mortgage Loans properly and effectively.
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Transition Cost. Any documented expenses reasonably incurred by Trustee in connection with a transfer of servicing from the Servicer to a successor servicer as successor servicer pursuant to Section 8.02, but not to exceed $5,000 with respect to any single succession.
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Transition Cost. Any documented expenses reasonably incurred by a successor Servicer or the Indenture Trustee in connection with a transfer of servicing from the Servicer to a successor Servicer as successor Servicer pursuant to Section 6.02 of the Servicing Agreement, but not to exceed $75,000 in the aggregate.
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Examples of Transition Cost in a sentence

  • For each Settlement Interval, the CAISO shall calculate RTM Bid Cost for each Bid Cost Recovery Eligible Resource, as the algebraic sum of the RTM Start-Up Cost, RTM Minimum Load Cost, RTM Transition Cost, RTM Pump Shut-Down Cost, RTM Energy Bid Cost, RTM Pumping Cost and RTM AS Bid Cost.

  • TRANSITION COST ADJUSTMENT The Transition Charge under this rate shall be adjusted from time to time in accordance with the Company’s Transition Cost Adjustment Provision.

  • For each Settlement Interval, the CAISO shall calculate IFM Bid Cost for each Bid Cost Recovery Eligible Resource as the algebraic sum of the IFM Start-Up Cost, IFM Transition Cost, IFM Minimum Load Cost, IFM Pump Shut-Down Cost, IFM Energy Bid Cost, IFM Pumping Cost, and IFM AS Bid Cost.

  • For Customers who elect the monthly Commodity Gas Cost Rate at a time when the gas deferred fuel balance is other than zero, the Transition Cost Adjustment Charge or refund shall be paid by or returned to the Customer.

  • For transportation service rendered to Customer each month, Customer shall pay a minimum of the sum of the applicable QFT Customer Charge, the Billing MDQ times the QFT Demand Charge as specified in the contract, and, if applicable, the Transition Cost Adjustment Charge.


More Definitions of Transition Cost

Transition Cost. Any documented fees, expenses and allocated costs reasonably incurred by a successor Servicer or the Trustee in connection with a transfer of servicing from the Servicer to a successor Servicer.
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Transition Cost. The Transition Cost payable to the Back-up Servicer shall not exceed $50,000.
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Transition Cost. Any documented expenses reasonably incurred by a successor Servicer or the Trustee in connection with a transfer of servicing from the Servicer to a successor Servicer as successor Servicer pursuant to Section 6.05 hereof, but not to exceed $50,000 per Series. Trust Indenture Act. Means the Trust Indenture Act of 1939, as amended from time to time.
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Transition Cost means the applicable fixed cost ($) required for the Generating Unit to make an MSG Transition as set forth in Appendix 9.05 under the heading “Fixed Transition Cost ($)”.
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Transition Cost means any reasonable, out-of-pocket, documented expenses and allocated cost of personnel reasonably incurred by a Successor Servicer or Trustee or Bond Insurer in connection with a transfer of servicing from the Servicer to a Successor Servicer as Successor Servicer pursuant to Section 9.02, but not to exceed $50,000.00 in the aggregate.
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Transition Cost means any reasonable, out-of-pocket, documented --------------- expenses and allocated cost of personnel reasonably incurred by a Successor Servicer, Back-up Servicer, Trustee, Bond Insurer or any Certificateholder, in connection with a transfer of servicing from Servicer to a Successor Servicer as Successor Servicer pursuant to Section 9.02, but not to exceed ------------ $50,000.00 in the aggregate; provided, however, that such $50,000.00 -------- ------- limitation shall not apply if Rockford is terminated as Servicer hereunder due to the occurrence of a Servicer Default arising from Rockford's gross negligence or willful misconduct.
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Transition Cost has the meaning specified in Section 6.02(a)
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