Yield and Fee Reserve means, for any Receivable Interest on any date, an amount equal to (C x YFRP) + AUYF where: C = the Capital of such Receivable Interest at the close of business of the Collection Agent on such date. YFRP = the Yield and Fee Reserve Percentage on such date. AUYF = accrued and unpaid Yield, Collection Agent Fee and Fees on such date, in each case for such Receivable Interest.
Yield and Fee Reserve means, as of any date of determination an amount in U.S. Dollars equal to the sum of (A) the Servicer Fee accrued and unpaid through such date, (B) the aggregate Yield, Unused Commitment Fee and Agent’s Fee accrued and unpaid through such date and (C) the aggregate of any other Obligations then accrued and owing hereunder by the Seller to the Purchasers or the Agent.
Yield and Fee Reserve means, for any Receivable Interest on any date, an amount equal to (C x YFRP) + AUYF + (SFRP x OBOR) where:
Examples of Yield and Fee Reserve in a sentence
Section 1.3 of the Receivables Purchase Agreement is hereby amended by replacing the text ", the Ratings- Based Reserve, the Loss Reserve, the Dilution Reserve and the Yield and Fee Reserve" where it appears therein with the text "and the Required Reserve " in its place.
With respect to each calculation of the Receivables Interest, the Ratings Based Reserve, the Loss Reserve, the Dilution Reserve and the Yield and Fee Reserve used in such calculation shall be measured using the information reported in the most recent Monthly Receivables Report or Interim Receivables Report.
More Definitions of Yield and Fee Reserve
Yield and Fee Reserve means as of any date of determination, the product of:
Yield and Fee Reserve means, on any date, an amount equal to [(AC x YFRR) + AUYF] + SFR where: AC = the aggregate Capital of all Receivable Interests at the close of business of the Servicer on such date. YFRR = the Yield and Fee Reserve Ratio on such date. AUYF = accrued and unpaid Yield and Fees on such date. SFR = the Servicing Fee Reserve on such date.
Yield and Fee Reserve means, as of any date of determination, an amount equal to (a) the Net Receivables Balance as of such date multiplied by (b) the Yield and Fee Reserve Percentage.
Yield and Fee Reserve means, on any day, an amount equal to: (YR) + (SFR) + AUYF where: YR = the Yield Reserve on such date. AUYF = accrued and unpaid Yield, Servicer Fee and Fees on such date, for all Receivable Interests. SFR = the Servicer Fee Reserve on such date.
Yield and Fee Reserve means, as of any date of determination, an amount equal to the sum of (i) Liquidation Yield, (ii) accrued and unpaid Yield, (iii) accrued and unpaid Program Fees, Liquidity Fees and Other Fees, and (iv) accrued and unpaid Servicer Fees.
Yield and Fee Reserve means, as of any date of determination, an amount equal to (i) the Net Eligible Receivables Balance as of such date of determination multiplied by (ii) the sum of (A) the Earned Discount Rate in effect as of such date of determination, (B) at any time prior to the occurrence of a Servicer Default and the appointment of the Backup Servicer as Servicer hereunder, the Servicing Fee Rate, (C) at any time prior to the occurrence of a Servicer Default and the appointment of the Backup Servicer as Servicer hereunder, the Backup Servicer Standby Fee Rate, (D) at any time after the occurrence of a Servicer Default and the appointment of the Backup Servicer as Servicer hereunder, the Backup Servicing Fee Rate, (E) the Trustee Fee Rate and (F) an amount, expressed as a percentage, equal to the amount paid to the Lockbox Bank pursuant to the Lockbox Agreement during the immediately preceding Remittance Period divided by the Net Eligible Receivables Balance as of the first day of such Remittance Period divided by (iii) 12, multiplied by (iv) 2.5 during the period from the date hereof to, and including, the last day of the Fiscal Month ending in December, 2004, and 2.0 after the conclusion of such period, multiplied by (v) the Turnover Rate calculated in, or as should have been calculated in, the most recent Monthly Remittance Report required to have been delivered pursuant to Section 6.11(b) hereof.
Yield and Fee Reserve means, for any Receivable Interest on any date, an amount equal to