Common use of Computation of Fees Clause in Contracts

Computation of Fees. The ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇, the Administrator Fee and the Servicing Fee shall accrue monthly in an amount equal to one-twelfth of the ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇, the Administrator Fee and the Servicing Fee, respectively, calculated in each case on the basis of a 360-day year consisting of twelve (12) thirty-day months.

Appears in 2 contracts

Sources: Reimbursement, Pledge and Security Agreement, Reimbursement, Pledge and Security Agreement (Centerline Holding Co)