Monthly Administration Fee definition

Monthly Administration Fee means the product of (i) one-twelfth of the Administration Fee and (ii) the Floating Investor Percentage.

Monthly Administration Fee has the meaning given in Section F, paragraph 3.2 of the IUK Access Code;

Monthly Administration Fee means a monthly fee paid to the Organizer of the Recipient of the Loan or Credit for the provision of administration services until the full performance of obligations under the Loan or Consumer Credit Agreement. The Monthly administration fee shall be included in the Monthly payment and its amount shall depend on the loan amount and other individual terms and conditions, and shall be specified in the special terms and conditions, and payment schedule.

Examples of Monthly Administration Fee in a sentence

• The funds shall be credited to the Organizer’s account only in cases where the funds belong to the Organiser – Contract fee and Monthly administration fee and other charges.

• The contract is considered granted on the date of its signing regardless of the date on which the credit is to be drawn Monthly administration fee- represents the cost of monthly administration of the contract and is applied monthly, in a fixed amount, depending on the product chosen by the individual debtor Lender - MOGO IFN S.A. headquartered in Bucharest, no.

• The funds shall be credited to the Organizer’s account only in cases where the funds belong to the Organizer – Contract fee and Monthly administration fee and other charges.

• Recipient of the Loan shall be primarily intended to pay the Contract fee, and only then the Monthly administration fee, the Interest, and the amount of the Loan repayment, i.e. if the Contract fee has not been paid, the order and manner indicated in paragraph 8.9 of this Agreement shall not apply.

More Definitions of Monthly Administration Fee

Monthly Administration Fee has the meaning specified in the Administration Agreement.

Monthly Administration Fee has the meaning set forth in Section 3.2(b).

Monthly Administration Fee means, for any Determination Date, one-twelfth of the product of (i) 0.04% and (ii) the Aggregate Assumed Asset Value as of the immediately preceding Determination Date.

Monthly Administration Fee. The fee is payable monthly. 0 to 4,000 contracts … $[________] 4,001 to 6,000 contracts … $[________] 6,001 to 9,000 contracts … $[________] 9,001 to 12,000 contracts 12,001 to 14,000 contracts $[________] Successor Servicing (if required) One-Time Successor Operator Fee: $[________] To be paid to Back-up Servicer upon the Transfer Date.

Monthly Administration Fee means, with respect to each Distribution Date, the fee payable to the Administrator pursuant to Section 6 of the Administration Agreement on such Distribution Date.

Monthly Administration Fee means, with respect to any Remittance Date, the product of (x) one twelfth, (y) 0.07% per annum and (z) the Net Investment outstanding immediately prior to such Remittance Date. The Monthly Administration Fee is included in the calculation of the Note Rate.

Monthly Administration Fee the monthly administration fee payable by the Owners to the Lessee under the New Minibus Leasing Agreement for administration services provided by the Lessee in arranging on behalf of the Owners for mainly the following services: taking out and maintaining insurance policies, payment of vehicle licence fees and renewal of vehicle licences in respect of the PLBs; “Xx. Xxxxx Xxxx” Xx. Xxxx Xxx Xxx, Xxxxx, a minor, the son of Mr. Xxxxxxx Xxxx; “Mr. Xxxxxxx Xxxx” Xx. Xxxx Xxxx Xxx, Xxxxxxx, an executive Director and the chairman of the Company and the son of Xx. Xxxx and Xx. Xx; “Xx. Xxxx” late Xx. Xxxx Xxx Xxx, a former executive Director and the spouse of Xx. Xx; “Ms. Xxxxxxx Xxxx” Xx. Xxxx Xxx Xxx, Xxxxxxx, the daughter of Xx. Xxxx and Xx. Xx; “Xx. Xxxx Xxxx” Xx. Xxxx Xxx Sum, Xxxx, an executive Director and the daughter of Xx. Xxxx and Xx. Xx; “Xx. Xx” Xx. Xx Xxx Xxxx, an executive Director and the spouse of Xx. Xxxx; “Ms. Xxxxxx Xxxx” Xx. Xxxx Xxx Man, Xxxxxx, the non-executive Director and the daughter of Xx. Xxxx and Xx. Xx; “New Annual Caps” collectively the annual caps on the right-of-use assets and the annual caps on the Monthly Administration Fee as more particularly stated in the section headed “New Annual Caps” of this announcement; “New Minibus Leasing Agreement” the leasing agreement dated 29 June 2023 and entered into between the Owners and the Lessee, details of which are stated in the section headed “Details of the Continuing Connected Transactions” of this announcement; “Original Minibus Leasing Agreement” the leasing agreement dated 26 June 2020 and entered into between the Owners and the Lessee in relation to, among other things, the leasing of the PLBs to the Lessee for a term from 1 October 2020 to 30 September 2023; “Owner(s)” Xxxxxx, HKCT and Big Three, or any of them (where applicable);