Trustee Fee Cap definition

Trustee Fee Cap means, on any Payment Date, Trustee Fees and Expenses in an amount not exceeding0.04 per cent. per annum (payable in semi-annual instalments) of the Average Aggregate Collateral Balance on the Determination Date immediately preceding such Payment Date.
Sample 1
Trustee Fee Cap means $40,000 per annum.
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Trustee Fee Cap means, in respect of each Due Period, Trustee Fees and Expenses in an amount not exceeding €50,000 plus 0.02% per cent. per annum (calculated semi-annually on the basis of a 360-day year and the actual number of days elapsed in such Due Period) of the Aggregate Collateral Balance as at the Determination Date immediately preceding the Payment Date in respect of such Due Period..
Sample 1

Examples of Trustee Fee Cap in a sentence

  • Upon delivery of a Trigger Notice, the Debtors shall deposit, in a segregated account not subject to the control of the DIP Agent or any Prepetition Agent (the “Carve-Out Account”), an amount equal to the Chapter 7 Trustee Fee Cap plus thePre-Trigger Amount (based upon the Approved Budget) plus the Post-Trigger Cap, less any applicable retainers, to be held in trust to pay the respective amounts included in the Carve-Out.


More Definitions of Trustee Fee Cap

Trustee Fee Cap means €45,000 per annum.
Sample 1
Trustee Fee Cap means, (i) in respect of the first Due Period, Trustee Fees and Expenses in an amount not exceeding €175,000 and (ii) thereafter, in respect of each Due Period, Trustee Fees and Expenses in an amount not exceeding €87,500.
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Trustee Fee Cap shall have the meaning set forth in the Pricing Side Letter.
Sample 1
Trustee Fee Cap means, in respect of each Due Period, Trustee Fees and Expenses in an amount not exceeding €50,000 in respect of such Due Period.
Sample 1

Related to Trustee Fee Cap

  • Trustee Fee As to any Distribution Date, an amount equal to one-twelfth of the Trustee Fee Rate multiplied by the Pool Stated Principal Balance with respect to such Distribution Date.

  • Trustee Fees The amount or amounts set forth in the Trustee Fee Letter.

  • Trustee Fee Rate 0.0025% per annum.

  • Owner Trustee Fee means an annual fee equal to $3,000, payable on the Payment Date occurring in June of each year, commencing in 2017.

  • U.S. Trustee Fees means fees arising under 28 U.S.C. § 1930(a)(6) and, to the extent applicable, accrued interest thereon arising under 31 U.S.C. § 3717.

  • Indenture Trustee Fee means a fee that is separately agreed to between the Master Servicer and the Indenture Trustee.

  • Bond Trustee Fee Agreement means the agreement entered into between the Issuer and the Bond Trustee relating among other things to the fees to be paid by the Issuer to the Bond Trustee for its obligations relating to the Bonds.

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

  • Special Servicing Fee Rate With respect to each Specially Serviced Mortgage Loan and each REO Loan, 0.25% per annum.

  • Servicing Fee Percentage With respect to each Mortgage Loan, the percentage specified on the Servicer Mortgage Loan Schedule.

  • Securities Administrator Fee With respect to any Distribution Date, an amount equal to the product of (a) one-twelfth of the Securities Administrator Fee Rate and (b) the Stated Principal Balance of the Mortgage Loans as of the prior Distribution Date (or as of the Cut-off Date in the case of the first Distribution Date).

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

  • 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.

  • Master Servicing Fee Rate With respect to each Mortgage Loan, 0.25% per annum.

  • Master Servicing Fee As to any Distribution Date, an amount equal to one-twelfth the product of (a) the Master Servicing Fee Rate and (b) the outstanding principal balance of each Mortgage Loan. Master Servicing Fee Rate: 0.00% per annum.

  • Servicing Fee means the fee payable to the Servicer for services rendered during each Collection Period, determined pursuant to Section 4.08 of the Sale and Servicing Agreement.

  • Additional Servicing Fee means, for any Collection Period, if a successor Servicer has been appointed pursuant to Section 8.2 of the Sale and Servicing Agreement, the amount, if any, by which (i) the compensation payable to such successor Servicer for such Collection Period exceeds (ii) the Monthly Servicing Fee for such Collection Period.