Collateral Management Fee definition

Collateral Management Fee. The fee payable to the Collateral Manager in arrears on each Payment Date pursuant to Section 8(a) of the Collateral Management Agreement and Section 11.1 hereof, comprised of (x) the Base Management Fee and (y) the Subordinated Management Fee.

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Collateral Management Fee shall have the meaning set forth in Section 8(a).

Collateral Management Fee means each of the Senior Management Fee, the Subordinated Management Fee and the Incentive Collateral Management Fee.

Examples of Collateral Management Fee in a sentence

To the extent the Collateral Management Fee is not paid on any Payment Date when due and such fee was not voluntarily deferred or waived (the “Collateral Management Fee Shortfall Amount”), or the Collateral Manager elects to defer all or a portion thereof and later rescinds such deferral election, the Collateral Management Fee will be deferred and will be payable on subsequent Payment Dates in accordance with the Priority of Payments.
No other beneficial owner of the Notes will receive any such fee remittance, nor will any such fee remittance reduce the amount of the Collateral Management Fee paid to the Collateral Manager.
The Collateral Manager may remit a portion of the Collateral Management Fee received by it to one or more of the CM Purchasers or any of its other affiliates or accounts or funds managed by it or its affiliates.
Any such Collateral Management Fee, once waived, shall not thereafter become due and payable and any claim of the Collateral Manager therein shall be extinguished.
The Collateral Management Fee is payable on each Payment Date only to the extent that sufficient Interest Proceeds and Principal Proceeds are available.

More Definitions of Collateral Management Fee

Collateral Management Fee. The fee payable to the Collateral Manager on each Payment Date in arrears in respect of each Accrual Period, which fee shall be an amount equal to (A) (i) the sum of the Adjusted Borrowing Value of all Loans owned by the Borrower on each day of such Accrual Period divided by (ii) the number of days in such Accrual Period multiplied by (B) a rate equal to 0.20% per annum.

Collateral Management Fee shall have the meaning given such term in Section 3.3.

Collateral Management Fee means the Senior Collateral Management Fee and the Subordinated Collateral Management Fee, collectively.

Collateral Management Fee. The Senior Collateral Management Fee and the Subordinated Collateral Management Fee.

Collateral Management Fee means the monthly fee, accruing from the Closing Date, payable in arrears on each Payment Date for the related Interest Accrual Period, in an amount equal to 0.35% per annum (calculated on the basis of a 360 day year and the actual number of days elapsed) of the Monthly Asset Amount.

Collateral Management Fee means each of the Senior Collateral Management Fee, the Subordinated Collateral Management Fee and the Incentive Collateral Management Fee and “Collateral Management Fees” shall be construed accordingly;

Collateral Management Fee means the Base Collateral Management Fee, the Additional Collateral Management Fee and the Incentive Collateral Management Fee, collectively.