Retainer Fee. (a) A Retainer Fee of ten basis points per annum of the Initial Appraised Value of the Aircraft with respect to which the Delivery Date therefor has occurred will be payable to the Servicer monthly in arrears in twelve equal installments on or before the Payment Date in the succeeding month. Ten percent (10%) of such Retainer Fee will relate to the provision of technical services under Section 1.02 of Schedule 2.02(a) to this Agreement.
Appears in 2 contracts
Samples: Servicing Agreement (Aerco LTD), Servicing Agreement (Aerco LTD)
Retainer Fee. (a) A Retainer Fee of ten basis points per annum of the Initial Appraised Value of the Aircraft with respect to which the Delivery Date therefor has occurred will be payable to the Servicer monthly in arrears following the Start Date in twelve equal installments on or before the Payment Date in the succeeding month. Ten percent (10%) of such Retainer Fee will relate to the provision of technical services under Section 1.02 of Schedule 2.02(a) to this Agreement.
Appears in 1 contract
Samples: Servicing Agreement (Aerco LTD)
Retainer Fee. (a) A Retainer Fee of ten basis points per annum of the Initial Appraised Value of the Aircraft with respect to which the Delivery Date therefor has occurred will be payable to the Servicer monthly in arrears in twelve equal installments on or before the Payment Date in the succeeding month. Ten percent (10%) of such Retainer Fee will relate to the provision of technical services under Section 1.02 of Schedule 2.02(a) to this Agreement.
Appears in 1 contract
Samples: Servicing Agreement (Aerco LTD)