Syndication Agent Fee definition

Syndication Agent Fee means an amount equal to 4.00% of the Base Financed Loan Balance of each Student Loan (or Partially Disbursed Student Loan) purchased (or Participation Interest purchased) by the Issuer.

Examples of Syndication Agent Fee in a sentence

  • Moneys on deposit in the Acquisition Account shall be used, (i) upon receipt by the Secured Party of an Eligible Loans Acquisition Certificate, to acquire Financed Loans pursuant to the Loan Purchase Agreement and to pay the Syndication Agent Fee to the Syndication Agent on each day Financed Loans are purchased by the Issuer, and (ii) on January 6, 2011, to pay to the Senior Creditors the Amendment Consent Fee.

  • In your capacity as Secured Party, you are hereby authorized and requested to disburse to (a) Liberty Bank, N.A. (the “Originating Lender”) the amount set forth in the last sentence of paragraph (4) below for the acquisition of Eligible Loans and (b) Deutsche Bank Securities, Inc., the amount set forth in the last sentence of paragraph (5) below for the payment of the Syndication Agent Fee.

  • The Borrowers jointly and severally agree to pay to the Syndication Agent, for the Syndication Agent's own account, the fees as set forth in the Syndication Agent Fee Letter (the "Syndication Agent Fees").

  • The Borrower shall pay to each of the Administrative Agent and the Syndication Agent, for their own respective accounts, an Administrative Agent Fee (to the Administrative Agent) and a Syndication Agent Fee (to the Syndication Agent) as set forth in separate fee agency letters between the Borrower and the Administrative Agent and the Syndication Agent, respectively.

Related to Syndication Agent Fee