Paying Agent Fee definition

Paying Agent Fee means the portion of the Trustee Fee payable to the Paying Agent in an amount agreed to between the Trustee and the Paying Agent.

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Paying Agent Fee means a fee payable by the Borrower to the Paying Agent as set forth in the Paying Agent Fee Letter.

Paying Agent Fee. The portion of the Trustee Fee payable to the Paying Agent pursuant to the terms hereof calculated at the Paying Agent Fee Rate.

Examples of Paying Agent Fee in a sentence

• As to each Mortgage Loan and REO Loan, the Trustee Fee and the Paying Agent Fee shall accrue from time to time at the Trustee's and the Paying Agent's respective portion of Trustee Fee Rate and shall be computed on the basis of the Stated Principal Balance of such Mortgage Loan and a 360-day year consisting of twelve 30-day months.

• Subject to the terms and conditions of the Paying Agent Fee Letter, the Borrower shall pay to the Paying Agent the Paying Agent Fee.

• The Trustee Fee and the Paying Agent Fee shall be paid monthly on a Mortgage Loan-by-Mortgage Loan basis.

• On each Payment Date, the Borrower shall pay the Paying Agent Fee to the Paying Agent.

• The Trustee Fee and the Paying Agent Fee (which shall not be limited to any provision of law in regard to the compensation of a trustee of an express trust) shall constitute the Trustee's and the Paying Agent's, respectively, sole form of compensation for all services rendered by it in the execution of the trusts hereby created and in the exercise and performance of any of the powers and duties of the Trustee and the Paying Agent, respectively, hereunder.

More Definitions of Paying Agent Fee

Paying Agent Fee means, for any Accounting Period, $2,000.

Paying Agent Fee means, for any Collection Period, the paying agent fees as set forth in the ▇▇▇▇▇ Fargo Fee Letter.

Paying Agent Fee means, for any Accounting Period, $1,000.

Paying Agent Fee means, for each Payment Date (in accordance with and subject to Section 2.7(B)), an amount equal to $[***].

Paying Agent Fee means the annual fee of $25,000 payable to the Paying Agent on a prorated basis on each Monthly Payment Date, or such other amount as the Paying Agent or any successor paying agent shall agree with the Administrative Agent, subject to the approval of the Calculation Agent and the Borrower Representative (in each case, not to be unreasonably withheld, delayed or conditioned) in the case of any amount in excess of $25,000. The Paying Agent Fee shall be payable from the Calculation Agent Fee.

Paying Agent Fee shall have the meaning ascribed to such term in the Side Letter.

Paying Agent Fee. As defined in the Agents/Backup Servicer Fee Letter. Payment Date: (i) The fifteenth (15th) day of each calendar month prior to the occurrence of the Legal Final Maturity Date (or, if such day is not a Business Day, the next succeeding Business Day) and (ii) the Legal Final Maturity Date. PCC: Prospect Capital Corporation, a Maryland corporation. PCM: Prospect Capital Management LLC, a Delaware limited liability company.