Common use of Agent's Fee Clause in Contracts

Agent's Fee. For its performance as Lender's agent in making and administering Loans, Lender shall pay to Bank a fee, accrued daily, equal to 20% of the sum of all interest, dividends and other distributions earned from Approved Investments net of Rebates paid by Bank to relevant Borrowers and net of brokerage commissions, if any, incurred in making Approved Investments, and including any amounts paid to Lender as liquidated damages by Bank pursuant to Paragraph l(b) of this Article. Bank is authorized, on a monthly basis, to charge its fees against the Collateral Account. In the event that on a calendar month basis the amount of such interest, dividends and other distributions earned from Approved Investments are, net of brokerage commissions incurred in making Approved Investments, less than the amount of any Rebate owed any Borrower, Bank and Lender shall pay, respectively, 20% and 80% of such deficiency. For its services in making and administering Approved Investments, Lender shall pay to Bank a collateral management fee, accrued daily, equal to 7 basis points of the total amount of Cash Collateral delivered by the relevant Borrowers in respect of Loans.

Agent's Fee. For its performance as Lender's ’s agent in making and administering Loans, Lender shall pay to Bank a fee, accrued daily, equal to 20% of the sum of all interest, dividends and other distributions earned from Approved Investments net of Rebates paid by Bank to relevant Borrowers and net of brokerage commissions, if any, incurred in making Approved Investments, and including any amounts paid to Lender as liquidated damages by Bank pursuant to Paragraph l(b1(b) of this Article. Bank is authorized, on a monthly basis, to charge its fees against the Collateral Account. In the event that on a calendar month basis the amount of such interest, dividends and other distributions earned from Approved Investments are, net of brokerage commissions incurred in making Approved Investments, less than the amount of any Rebate owed any Borrower, Bank and Lender shall pay, respectively, 20% and 80% of such deficiency. For its services in making and administering Approved Investments, Lender shall pay to Bank a collateral management fee, accrued daily, equal to 7 basis points of the total amount of Cash Collateral delivered by the relevant Borrowers in respect of Loans.

Agent's Fee. For its performance as Lender's agent in making and administering Loans, Lender shall pay to Bank a fee, accrued daily, equal to 20% of the sum of all interest, dividends and other distributions earned from Approved Investments net of Rebates paid by Bank to relevant Borrowers and net of brokerage commissions, if any, incurred in making Approved Investments, and including any amounts paid to Lender as liquidated damages by Bank pursuant to Paragraph l(b1(b) of this Article. Bank is authorized, on a monthly basis, to charge its fees against the Collateral Account. In the event that on a calendar month basis the amount of such interest, dividends and other distributions earned from Approved Investments are, net of brokerage commissions incurred in making Approved Investments, less than the amount of any Rebate owed any Borrower, Bank and Lender shall pay, respectively, 20% and 80% of such deficiency. For its services in making and administering Approved Investments, Lender shall pay to Bank a collateral management fee, accrued daily, equal to 7 basis points of the total amount of Cash Collateral delivered by the relevant Borrowers in respect of Loans.

Agent's Fee. For its performance as LenderXxxxxx's agent in making and administering Loans, Lender Xxxxxx shall pay to Bank a fee, accrued daily, equal to 20% of the sum of all interest, dividends and other distributions earned from Approved Investments net of Rebates paid by Bank to relevant Borrowers and net of brokerage commissions, if any, incurred in making Approved Investments, and including any amounts paid to Lender as liquidated damages by Bank pursuant to Paragraph l(b1(b) of this Article. Bank is authorized, on a monthly basis, to charge its fees against the Collateral Account. In the event that on a calendar month basis the amount of such interest, dividends and other distributions earned from Approved Investments are, net of brokerage commissions incurred in making Approved Investments, less than the amount of any Rebate owed any Borrower, Bank and Lender shall pay, respectively, 20% and 80% of such deficiency. For its services in making and administering Approved Investments, Lender shall pay to Bank a collateral management fee, accrued daily, equal to 7 basis points of the total amount of Cash Collateral delivered by the relevant Borrowers in respect of Loans.