Common use of Collection Agent Fee Clause in Contracts

Collection Agent Fee. The Collection Agent shall be paid a collection fee (the “Collection Agent Fee”) of 1% per annum on the average daily amount of the Outstanding Balance of all Pool Receivables payable monthly in arrears on each Settlement Date. The Collection Agent Fee shall be payable only from Collections pursuant to, and subject to the priority of payment set forth in, Section 2.04.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Georgia Pacific Corp), Receivables Purchase Agreement (Georgia Pacific Corp)

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Collection Agent Fee. The Collection Agent shall be paid -------------------- a collection fee (the "Collection Agent Fee") of 1% per annum on the average daily amount of the Outstanding Balance of all Pool Receivables Total Aggregate Capital payable monthly in arrears on each Settlement Date. The Collection Agent Fee shall be payable only from Collections pursuant to, and subject to the priority of payment set forth in, Section 2.04.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Georgia Pacific Corp)

Collection Agent Fee. The Collection Agent shall be paid a collection fee (the "Collection Agent Fee") of 1% per annum on the average daily amount of the Outstanding Balance of all Pool Receivables Total Aggregate Capital payable monthly in arrears on each Settlement Date. The Collection Agent Fee shall be payable only from Collections pursuant to, and subject to the priority of payment set forth in, Section 2.04.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Georgia Pacific Corp)

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Collection Agent Fee. The Collection Agent shall be paid entitled to receive a collection fee (the "Collection Agent Fee") of 1one-twelfth of 1.50% per annum month on the average daily amount Aggregate Capital from the date of the Outstanding Balance first Transfer of all Pool Receivables until the date on which such Aggregate Capital is reduced to zero, payable monthly in arrears on each Settlement Date. The Collection Agent Fee shall be payable only solely from Collections pursuant to, and subject to the priority of payment set forth in, Section 2.041.03.

Appears in 1 contract

Samples: Receivables Transfer Agreement (Ikon Office Solutions Inc)

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