COLLATERAL MANAGEMENT definition

COLLATERAL MANAGEMENT. FEE shall mean the sum of $25,000 which shall be paid to the Agent in accordance with Section 7, Paragraph 8 hereof to offset the expenses and costs of the Agent in connection with record keeping, periodic examinations, analyzing and evaluating the Collateral.

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COLLATERAL MANAGEMENT. FEE shall mean the sum of $30,000.00 which shall be paid to CITBC in accordance with Section 8, Paragraph 11 hereof to offset the expenses and costs of CITBC in connection with record keeping, periodic examinations, analyzing and evaluating the Collateral.

COLLATERAL MANAGEMENT. FEE shall mean the sum paid to the Agent in accordance with Paragraph 8.8 of Section 8 of this Financing Agreement to offset the costs (excluding Out-of-Pocket expenses) of the Agent's personnel in connection with record keeping, periodic examinations, analyzing and evaluating the Collateral. COMMITMENT shall mean each Lender's commitment in accordance with this Financing Agreement to make Revolving Loans (the "Revolving Credit Commitment") and the Term Loan funding (the "Term Loan Commitment"), in the amount of their respective pro rata share, as set forth in the Assignment and Acceptance Agreement executed by each such Lender.

Examples of COLLATERAL MANAGEMENT in a sentence

EACH OF THE PARTIES HERETO HEREBY WAIVES ALL RIGHTS TO A TRIAL BY JURY IN THE EVENT OF ANY LITIGATION WITH RESPECT TO ANY MATTER RELATED TO THIS COLLATERAL MANAGEMENT AGREEMENT, AND HEREBY IRREVOCABLY CONSENTS TO THE JURISDICTION OF THE STATE AND FEDERAL COURTS LOCATED IN NEW YORK COUNTY, NEW YORK CITY, NEW YORK IN CONNECTION WITH ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS COLLATERAL MANAGEMENT AGREEMENT.
Ideal will pay the Agent for its own account a fee of an amount set out in a letter of even date addressed by the Agent to Ideal (the "COLLATERAL MANAGEMENT FEE").
Borrower shall pay Agent for its own account as additional interest a monthly collateral management fee (the "COLLATERAL MANAGEMENT FEE") equal to 0.083% per month calculated on the basis of the daily average amount of the balances under the Revolving Facility (including any Unfunded L/C Exposure under the L/C Sublimit) outstanding during the preceding month.
Borrowers shall pay Agent for its own account as additional interest a monthly collateral management fee (the "COLLATERAL MANAGEMENT FEE") equal to 0.083% per month calculated on the basis of the daily average amount of the balances under the Revolving Facility outstanding during the preceding month.
COLLATERAL MANAGEMENT 96 Section 6.1. Designation of the Collateral Manager 96 Section 6.2. Duties of the Collateral Manager 96 Section 6.3. Authorization of the Collateral Manager 98 Section 6.4. Collection of Payments; Accounts 98 Section 6.5. Realization Upon Defaulted or Delinquent Loans 99 Section 6.6. [Reserved] 100 Section 6.7. Payment of Certain Expenses by Collateral Manager 100 Section 6.8. Reports 100 Section 6.9. Annual Statement as to Compliance 101 Section 6.10.

More Definitions of COLLATERAL MANAGEMENT

COLLATERAL MANAGEMENT. FEE shall mean (a) during the period from the First Closing Date to the Second Closing Date, the sum of $50,000 per year for each year this Financing Agreement is in effect and (b) during the period on and after the Second Closing Date the sum of $60,000 per year for each year this Financing Agreement is in effect, and such fee shall be paid to Lenders Agent in accordance with Section 9, paragraph 13 hereof to offset the expenses and costs of Lenders Agent in connection with record keeping, periodic examinations, analyzing and evaluating the Collateral.

COLLATERAL MANAGEMENT. FEE shall mean the sum which shall be paid to the Agent, solely for the benefit of the Agent, in accordance with Section 8 hereof to offset the expenses and costs of the Agent in connection with record keeping, periodic examinations, analyzing and evaluating the Collateral.

COLLATERAL MANAGEMENT. FEE shall have the meaning provided in Paragraph 8.1(h) of Section 8 of this Financing Agreement. COMMITMENT FEE shall have the meaning provided for in Paragraph 8.1(e) Section 8 of this Financing Agreement.

COLLATERAL MANAGEMENT shall refer to a process whereby the owner of a stock of Products/commodities pledges it as collateral for a loan and creates a resulting security interest in the Products deposited in favour of the PFI and provides effective third-party control for the duration of the financing. In order for this Agreement and the lien created thereby over the pledged Products to be recognized as valid, the possession of the third party such as COLLATERAL MANAGER on behalf of the PFI, must in so far as legally permissible and reasonably practicable, be "open, exclusive, notorious, continuous and unequivocal". The Storage Facilities are owned and operated by an independent third party.

COLLATERAL MANAGEMENT. FEE shall mean the sum of $25,000 which shall be paid to ------------------------- the Agent for its own account in accordance with Section 8, Paragraph 12 hereof to offset the expenses and costs of the Agent in connection with record keeping, periodic examinations, analyzing and evaluating the Collateral. COMMITMENT LETTER shall mean the commitment letter dated August 12, 1996, issued ----------------- by CITBC and CITEF to, and accepted by, the Companies.

COLLATERAL MANAGEMENT. FEE shall mean the sum of $50,000 per year for each year this Financing Agreement is in effect which shall be paid to CITBC in accordance with

COLLATERAL MANAGEMENT. FEE shall mean a fee payable to the Agent at the end of each month in an amount equal to $5,000, which fee shall be in lieu of the collateral management fee referenced in that certain letter agreement captioned the "Restated Factoring Termination Agreement" between Agent and the Company, dated January 30, 2004.