Collection Agent Fee. The Purchaser shall pay to the Collection Agent, so long as it is acting as the Collection Agent hereunder, a periodic collection fee (the "COLLECTION AGENT FEE") of 0.25% per annum on the average daily aggregate Outstanding Balance of the Transferred Receivables, payable on the tenth day of each month (or, if such day is not a Business Day, the immediately succeeding Business Day) or such other day during each calendar month as the Purchaser and the Collection Agent shall agree.
Appears in 1 contract
Collection Agent Fee. The Purchaser shall pay to the Collection Agent, so long as it is acting as the Collection Agent hereunder, a periodic collection fee (the "COLLECTION AGENT FEECollection Agent Fee") of 0.250.75% per annum on the average daily aggregate Outstanding Balance of the Transferred Receivables, payable on the tenth 15th day of each month (or, if such day is not a Business Day, the immediately succeeding Business Day) or such other day during each calendar month as the Purchaser and the Collection Agent shall agree.
Appears in 1 contract
Sources: Purchase and Contribution Agreement (Ck Witco Corp)
Collection Agent Fee. The Purchaser shall pay to the Collection Agent, so long as it is acting as the Collection Agent hereunder, a periodic collection fee (the "COLLECTION AGENT FEE") of 0.250.5% per annum on the average daily aggregate Outstanding Balance of the Transferred Receivables, payable on the tenth day of each month fourth Settlement Date (or, if such day is not a Business Day, the immediately succeeding Business Day) or such other day during each calendar month as the Purchaser and the Collection Agent shall agree.
Appears in 1 contract
Sources: Purchase and Contribution Agreement (Personal Care Holdings Inc)
Collection Agent Fee. The Purchaser shall pay to the Collection Agent, so long as it is acting as the Collection Agent hereunder, a periodic collection fee (the "COLLECTION AGENT FEECollection Agent Fee") of 0.250.50% per annum on the average daily aggregate Outstanding Balance of the Transferred Receivables, payable on the tenth twentieth day of each month (or, if such day is not a Business Day, the immediately succeeding Business Day) or such other day during each calendar month as the Purchaser and the Collection Agent shall agree.
Appears in 1 contract
Sources: Purchase and Contribution Agreement (Lexmark International Inc /Ky/)