Examples of Used Fee in a sentence
All computations of interest and all computations of Interest (other than for Interest calculated in respect of the Base Rate, which shall be computed on the basis of a year of 365/366 days), Servicing Fee, Used Fee, Unused Fee, CP Breakage and other fees hereunder shall be made on the basis of a year of 360 days for the actual number of days (including the first but excluding the last day) elapsed.
Truck Order Not Used Fee may only be requested if the TSP had a confirmed appointment with the federal holding location prior to arrival and if the driver arrived at the holding location at the scheduled date and time.
Should TFC choose to cancel the pickup after the TSP has arrived at the federal holding location, or if the holding location cancels the appointment after the driver’s arrival, then TSP may be eligible for a Truck Order Not Used Fee.
The Applicable Used Fee Percentage for a given Settlement Period shall be based upon the Applicable Leverage Ratio (as defined herein).
Notwithstanding any limitation on recourse contained in this Agreement, the Transferor shall pay, on the last day of each month, to the Administrative Agent, for distribution to the Class Investors, in each case as agreed between themselves, all of the applicable Used Fee and the applicable Unused Fee.
Notwithstanding the foregoing, the Used Fee and the Unused Fee as defined in and due and owing under the Amended and Restated Fee Letter for the Settlement Period ending February 29, 2008, shall survive the termination of the Amended and Restated Fee Letter and shall be due and owing hereunder on the March 2008 Settlement Date.
The Applicable Leverage Ratio calculated will fall into one of five classes in the first column of Exhibit A hereto (the "Operative Row"), and the Applicable Used Fee Percentage shall be in the Used Fee Percentage column on Exhibit A in the Operative Row.
Payments of the Used Fee shall be allocated and paid to Note Owners pro rata based upon their respective interest in the Aggregate Note Principal Balance for the applicable Interest Period.