Fee Reserve definition

Fee Reserve. As defined in Exhibit A.

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Fee Reserve at any time means the sum of:

Fee Reserve means, with respect to any Due Period, an amount ----------- equal to the product of (i) a fraction, the numerator of which is two times the average days sales outstanding for the Receivables for the preceding Due Period and the denominator of which is 365, and (ii) the Monthly Servicing Fee for Series 1998-1 times twelve.

Examples of Fee Reserve in a sentence

At any time other than during an Exception Funding Period, the sum of (i) the Net Pool Balance on such date of calculation multiplied by the greater of (a) the sum of the Loss Reserve Ratio on such date of calculation and the Dilution Reserve Ratio on such date of calculation; and (b) the Minimum Reserve Ratio on such date of calculation; (ii) the Yield Reserve on such date of calculation; and (iii) the Servicing Fee Reserve on such date of calculation (such sum, the “Standard Reserves”).
The total amount so estimated as of the Effective Date shall comprise the Professional Fee Reserve Amount.
Borrower shall establish on the date hereof an Eligible Account with Lender or Servicer (the “Deferred Management Fee Reserve Account”).
Any amounts remaining in the Deferred Management Fee Reserve Account after the Debt has been paid in full, shall be returned (x) in the event the Mezzanine Loan is outstanding, to Mezzanine Lender to be applied in accordance with the Mezzanine Loan Agreement, or (y) in the event that the Mezzanine Loan is paid in full, to Borrower.
Any Deferred Management Fee Reserve Funds remaining in the Deferred Management Fee Reserve Account shall be disbursed to Borrower for payment to Manager of the Deferred Management Leasing Fees, Deferred Construction and Tenant Coordination Fees and Deferred Disposition Fees, as applicable, upon the expiration of such Trigger Period (and provided no other Trigger Period shall then exist) in accordance with the applicable terms and conditions hereof.
For the March 20 Monthly Investor Report (IR), recalculate the individual components of the Loss Reserve, Dilution Reserve, Discount Reserve, Servicing Fee Reserve, Dilution Ratio, Loss-to-Liquidation Ratio and the Default Ratio from data obtained from NMC’s internal systems and verify with ratios reported.
Excess Interest Distribution Account; and Legal Fee Reserve Account 204 Section 3.05A Whole Loan Custodial Account 209 Section 3.06 Permitted Withdrawals From the Collection Account 212 Section 3.06A.
Subject to the terms of the Assignment of Management Agreement, in no event shall Administrative Agent be obligated to disburse funds from the Franchise Fee Reserve Account if an Event of Default exists.
It shall be a condition precedent to the substantial consummation of the Plan that the Debtors shall have funded the Professional Fee Escrow in full in cash in an amount equal to the Professional Fee Reserve Amount.
Funds on deposit in the Fee Reserve Account shall be invested by the Agent in Eligible Investments that will mature so that such funds will be available prior to each Payment Date.

More Definitions of Fee Reserve

Fee Reserve means, on any date, an amount equal to: (FP x CAFP) + AUF where : FP = the Facility Principal at the close of business of the Collection Agent on such date. CAFP = the Collection Agent Fee Reserve Percentage on such date. AUF = accrued and unpaid Collection Agent Fee on such date.

Fee Reserve or "Yield Reserve" if any such amendment, supplement, waiver or modification would have the effect set forth in clause (iii) below or (iii) would otherwise reduce the financing available to the Parent or any of its Subsidiaries pursuant to the Existing Receivables Program or have an adverse effect on the interests of the Lenders or the Administrative Agent and (y) the Parent will not, and will not permit any of its Subsidiaries to, enter into any receivables sale agreement relating to the Existing Receivables Program other than a receivables sale agreement intended to provide for the inclusion of certain accounts receivable of the Parent or such Subsidiary in the Existing Receivables Program, which receivables sale agreement shall be in form and substance reasonably satisfactory to the Required Lenders.".

Fee Reserve means an amount determined by Agent, in its sole discretion, as necessary or appropriate in order to cover Related Expenses.

Fee Reserve means the reserve of Cash established and maintained by the Debtor or the Reorganized Debtor, as the case may be, to pay Allowed Fee Claims.