Collateral Agent Fee definition

Collateral Agent Fee means the fee payable to the Collateral Agent in arrears on each Quarterly Payment Date in an amount specified in the Collateral Agent Fee Letter.

Collateral Agent Fee. The fees, expenses and indemnities set forth as such in the Collateral Agent Fee Letter and as provided for in this Agreement or any other Transaction Document.

Collateral Agent Fee shall have the meaning ascribed to such term in Section 2.05(b)(ii).

Examples of Collateral Agent Fee in a sentence

• As compensation for its Collateral Agent activities hereunder, the Collateral Agent shall be entitled to a Collateral Agent Fee pursuant to the provision of Section 2.7(a)(1), Section 2.7(b)(1) or Section 2.8(1), as applicable.

• The Collateral Agent will not make any changes to the Collateral Agent Fee set forth in the Collateral Agent Fee Letter without the prior written approval of the Administrative Agent and the Borrower.

• The Collateral Agent’s entitlement to receive the Collateral Agent Fee shall cease on the earlier to occur of: (i) its removal as Collateral Agent pursuant to Section 7.5 or (ii) the termination of this Agreement.

• The Collateral Agent will not make any changes to the Collateral Agent Fee set forth in the Collateral Agent and Custodian Fee Letter without the prior written approval of the Administrative Agent and the Borrower.

• The Collateral Agent’s entitlement to receive the Collateral Agent Fee shall cease on the earlier to occur of: (i) its removal as Collateral Agent and appointment of a successor Collateral Agent pursuant to Section 7.5 or (ii) the termination of this Agreement; provided, however, that the Collateral Agent shall be entitled to receive any accrued and unpaid Collateral Agent Fees due and owing to it at the time of such removal or termination.

More Definitions of Collateral Agent Fee

Collateral Agent Fee means as designated in the fee letter between Collateral Agent and AmeriCredit.

Collateral Agent Fee means as designated in the fee letter between Collateral Agent and UACC.

Collateral Agent Fee means the fee payable to the Collateral Agent in arrears on each Quarterly Payment Date in an amount specified in the Fee Letter, dated as of September 25, 2013, between the Collateral Manager on behalf of the Borrower and the Collateral Agent.

Collateral Agent Fee means, for each Payment Date (in accordance with and subject to Section 2.7(B)), a fee paid to the Collateral Agent as part of the Paying Agent Fee.

Collateral Agent Fee means the fee payable to the Collateral Agent, the Custodian, the Securities Intermediary and the Collateral Administrator pursuant to the Collateral Agent Fee Letter.

Collateral Agent Fee means the fee payable to the Collateral Agent on each Payment Date in an amount equal to one-twelfth of 0.01% of the aggregate outstanding principal amount of the Securities on the last day of the second preceding Collection Period; provided, however, that on the first Payment Date the Collateral Agent will be entitled to receive an amount equal to the product of (i) the percentage equivalent of a fraction the numerator of which is the number days from the Closing Date to but excluding the first Payment Date and the denominator of which is 360, (ii) 0.01% and (iii) the aggregate outstanding principal amount of the Securities as of the Closing Date.

Collateral Agent Fee. The fee payable by the Borrower to the Collateral Agent pursuant to Section 2.12(e) hereof in an aggregate amount equal to $2,000 on each Payment Date.