Collateral Handling Fee definition

Collateral Handling Fee is defined in Section 2.2.4.

Collateral Handling Fee is defined in Section 2.2.4. “Collections” are all funds received by Bank from or on behalf of an Account Debtor for Financed Receivables.

Collateral Handling Fee is defined in Section 3.4.

Examples of Collateral Handling Fee in a sentence

• The Collateral Handling Fee is payable when the Advance made based on such Financed Receivable is payable in accordance with Section 2.3 hereof.

• Buyer shall deduct the Collateral Handling Fee from the Reserve as set forth in Section 3.5 below.

• Buyer shall prepare and send to Seller after the close of business for each Reconciliation Period, an accounting of the transactions for that Reconciliation Period, including the amount of all Purchased Receivables, all Collections, Adjustments, Finance Charges, and the Collateral Handling Fee.

• This fee is charged on a daily basis which is equal to the Collateral Handling Fee divided by 30, multiplied by the number of days each such Financed Receivable is outstanding, multiplied by the outstanding Financed Receivable Balance.

• On each Reconciliation Date Seller shall pay to Buyer a Collateral Handling Fee, equal to .50 (%) percent per month of the average daily Account Balance outstanding during the applicable Reconciliation Period (the “Collateral Handling Fee”).

More Definitions of Collateral Handling Fee

Collateral Handling Fee is defined in Section 2.6 of this Agreement.

Collateral Handling Fee shall have the meaning set forth in Section 3.3 hereof.

Collateral Handling Fee is defined in Section 2.2.4. “Collections” are (a) all funds received by Bank from or on behalf of an Account Debtor for Financed Receivables, (b) the monthly refinancing by Bank, to be completed at Bank’s discretion pursuant to Section 2.3.1(b)(iii), of all outstanding Aggregate Eligible Foreign Accounts Advances, and (c) the monthly refinancing by Bank, to be completed at Bank’s discretion pursuant to Section 2.3.1(c)(iii), of all outstanding Exim Inventory Advances.

Collateral Handling Fee shall have the meaning as set forth in Section 3.3 hereof. "Collections" shall mean all good funds received by Buyer from or on behalf of an Account Debtor with respect to Purchased Receivables. "Compliance Certificate" shall mean a certificate, in a form provided by Buyer to Seller, which contains the certification of the chief financial officer of Seller that, among other things, the representations and warranties set forth in this Agreement are true and correct as of the date such certificate is delivered. "Contingent Obligation" is, for any Person, any direct or indirect liability, contingent or not, of that Person for (i) any indebtedness, lease, dividend, letter of credit or other obligation of another such as an obligation directly or indirectly guaranteed, endorsed, co-made, discounted or sold with recourse by that Person, or for which that Person is directly or indirectly liable; (ii) any obligations for undrawn letters of credit for the account of that Person; and (iii) all obligations from any interest rate, currency or commodity swap agreement, interest rate cap or collar agreement, or other agreement or arrangement designated to protect a Person against fluctuation in interest rates, currency exchange rates or commodity prices; but "Contingent Obligation" does not include endorsements in the ordinary course of business. The amount of a Contingent Obligation is the stated or determined amount of the primary obligation for which the Contingent Obligation is made or, if not determinable, the maximum reasonably anticipated liability for it determined by the Person in good faith; but the amount may not exceed the maximum of the obligations under the guarantee or other support arrangement. "Current Liabilities" are the aggregate amount of Seller's Total Liabilities which mature within one (1) year. "Due Diligence Fee" shall have the meaning set forth in Section 3.7 hereof. "Effective Date" is the date Buyer executes this Agreement. "Event of Default" shall have the meaning set forth in Section 9 hereof. "Facility Fee" shall have the meaning set forth in Section 3.6 hereof. "Finance Charges" shall have the meaning set forth in Section 3.2 hereof. "Indebtedness" is (a) indebtedness for borrowed money or the deferred price of property or services, such as reimbursement and other obligations for surety bonds and letters of credit, (b) obligations evidenced by notes, bonds, debentures or similar instruments, (c) capital lease obligations and (d) Continge...

Collateral Handling Fee is defined in Section 4.5.

Collateral Handling Fee shall have the meaning set forth in Section 2.4(b) of this Agreement

Collateral Handling Fee. Not applicable.