No Changes in Collateral Custodian Fee Sample Clauses
The 'No Changes in Collateral Custodian Fee' clause establishes that the fees charged by the collateral custodian cannot be altered during the term of the agreement. In practice, this means that the parties agree to a fixed fee schedule for custodial services, and the custodian is not permitted to increase or decrease these fees unilaterally or in response to changing circumstances. This clause provides cost certainty for the parties involved, preventing unexpected increases in expenses and ensuring financial predictability throughout the contractual relationship.
No Changes in Collateral Custodian Fee. The Collateral Custodian will not make any changes to the Collateral Custodian Fee set forth in the Collateral Custodian Fee Letter without the prior written approval of the Administrative Agent and each Purchaser Agent.
No Changes in Collateral Custodian Fee. The parties hereto will not make any changes to the Collateral Custodian Fee without the prior written approval of (A) the Indenture Trustee (acting at the direction of the Requisite Noteholders) or (B) if the Notes (other than the Class XS Notes) are no longer outstanding, the Issuing Entity (acting at the direction of the Majority Certificateholders).
No Changes in Collateral Custodian Fee. The Collateral Custodian will not make any changes to the Collateral Custodian Fee without the prior written approval of the Borrower and the Majority Lenders.