Common use of Administration Fee Clause in Contracts

Administration Fee. As a fee for its administration of any Trust Fund, the Administrator shall be entitled to retain, from payments made on the Assets in such Trust Fund and from any income derived from the investment and reinvestment of such payments, the amount, if any, provided for herein or in the related Terms Supplement or GIFC. The Depositor shall pay all expenses incurred by the Administrator in connection with its administration of a Trust Fund and the performance of its duties hereunder.

Appears in 11 contracts

Sources: Multiclass Certificates Master Trust Agreement, Multiclass Certificates Master Trust Agreement, Multiclass Certificates Master Trust Agreement

Administration Fee. As a fee for its administration of any Trust Fund, the Administrator shall be entitled to retain, from payments made on the Assets in such Trust Fund and from any income derived from the investment and reinvestment of such payments, the amount, if any, provided for herein or in the related Terms Supplement or GIFCSupplement. The Depositor shall pay all expenses incurred by the Administrator in connection with its administration of a Trust Fund and the performance of its duties hereunder.

Appears in 2 contracts

Sources: Master Trust Agreement, Master Trust Agreement

Administration Fee. As a fee for its administration of any Trust Fund, the Administrator shall be entitled to retain, from payments made on the Assets in such Trust Fund and from any income derived from the investment and reinvestment of such payments, the amount, if any, provided for herein or in the related Terms Supplement or GIFCSupplement. The Depositor shall pay all expenses incurred by the Administrator in connection with its administration of a Trust Fund and the performance of its duties hereunder.duties

Appears in 2 contracts

Sources: Internal Remic Master Trust Agreement, Internal Remic Master Trust Agreement

Administration Fee. As a fee for its administration of any Trust Fund, the Administrator shall be entitled to retain, from payments made on the Assets in such Trust Fund and from any income derived from the investment and reinvestment of such payments, the amount, if any, provided for herein or in the related Terms Supplement or GIFCSupplement. The Depositor shall pay all expenses incurred by the Administrator in connection with its administration of a Trust Fund and the performance of its duties hereunder. Section 4.06. Reserved.

Appears in 2 contracts

Sources: Multifamily Internal Remic Master Trust Agreement, Quarterly Remic Master Trust Agreement