Normal Remuneration. The Issuer shall pay to the Common Representative, if so agreed between the Issuer and the Common Representative, a remuneration for its services as Common Representative, such remuneration to be at such rate as may from time to time be agreed between the Issuer and the Common Representative. Any payments in respect of remuneration made by the Issuer or by a Substitute Credit Institution to the Common Representative will be made using the Cover Pool.
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Samples: Common Representative Appointment Agreement, Common Representative Appointment Agreement, Common Representative Appointment Agreement
Normal Remuneration. The Issuer shall pay to the Common Representative, if so agreed between the Issuer and the Common Representative, a remuneration for its services as Common Representative, such remuneration to be at such rate as may from time to time be agreed between the Issuer and the Common Representative. Any payments in respect of remuneration made by the Issuer or by a Substitute Credit Institution to the Common Representative will be made using the Cover PoolPool revenue in accordance with the Covered Bonds Law.
Appears in 1 contract
Samples: Representative Appointment Agreement
Normal Remuneration. The Issuer shall pay to the Common Representative, if so agreed between the Issuer and the Common Representative, a remuneration for its services as Common Representative, such remuneration to be at such rate as may from time to time be agreed between the Issuer and the Common Representative. Any payments in respect of remuneration made by the Issuer or by a Substitute Credit Institution Special Administrator to the Common Representative will be made using are a cost of the Cover Pool.
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