Delaware Trustee Fee definition

Delaware Trustee Fee means an initial acceptance fee equal to $10,000.00 and a
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Delaware Trustee Fee. The annual ongoing fee payable by the Master Servicer on behalf of the Trust to the Delaware Trustee from income on funds held in the Collection Account.
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Delaware Trustee Fee has the meaning specified in Section [__] of the Trust Agreement.
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Examples of Delaware Trustee Fee in a sentence

  • All income and gain net of the Trustee Fee, the Custodian Fee, the Delaware Trustee Fee and any losses realized from any such investment of funds on deposit in the Certificate Account shall be for the benefit of the Master Servicer and shall be subject to withdrawal by the Paying Agent for payment to the Master Servicer from time to time in accordance with subsection (f) below and shall not be part of the Trust.

  • The Delaware Trustee shall have a claim against the Trust Estate to the extent of any unpaid amounts due the Delaware Trustee under the Delaware Trustee Fee and Indemnity Agreement; provided, however, the Delaware Trustee’s recourse against the Trust Estate shall be limited to its rights under Sections 5.03 and 6.02 of the Indenture until the Notes are paid in full.

  • The Delaware Trustee shall receive as compensation for its services hereunder such fees as are set forth in the Delaware Trustee Fee and Indemnity Agreement, and the Delaware Trustee shall be entitled to be reimbursed and indemnified by The Sponsor and College Loan Corporation, to the extent provided in such separate agreement.


More Definitions of Delaware Trustee Fee

Delaware Trustee Fee means (a) the Delaware Trustee’s initial setup fee of $3,000 plus the initial $4,000 annual fee and (b) an annual fee equal to $4,000, payable in October of each year, beginning in October 2013.
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Delaware Trustee Fee means, with respect to any Series, the fee payable to the Delaware Trustee.
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Delaware Trustee Fee. As to each Mortgage Loan and any Distribution Date, an amount equal to one month’s interest at the related [Delaware] Trustee Fee Rate on the Stated Principal Balance of such Mortgage Loan as of the preceding Distribution Date (or as of the Closing Date in the case of the first Distribution Date) or, in the event of any payment of interest which accompanies a Principal Prepayment in Full made by the Mortgagor, interest at the [Delaware] Trustee Fee Rate on the Stated Principal Balance of such Mortgage Loan for the period covered by such payment of interest.
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Related to Delaware Trustee Fee

  • Delaware Trustee means, with respect to the Trust, the Person identified as the “Delaware Trustee” in the Trust Agreement, solely in its capacity as Delaware Trustee of the Trust under the Trust Agreement and not in its individual capacity, or its successor in interest in such capacity, or any successor Delaware Trustee appointed as therein provided.

  • Trustee Fee As to any Distribution Date, an amount equal to one-twelfth of the Trustee Fee Rate multiplied by the Pool Stated Principal Balance with respect to such Distribution Date.

  • U.S. Trustee Fees means fees arising under 28 U.S.C. § 1930(a)(6) and, to the extent applicable, accrued interest thereon arising under 31 U.S.C. § 3717.