Common use of Operating Expense Fee Clause in Contracts

Operating Expense Fee. An Operating Expense Fee to cover --------------------- routine operating expenses of the Purchaser incurred during the immediately preceding Settlement Period, including fees and commissions payable to commercial paper dealers, issuing and paying agents, rating agencies, printers and auditors. The Operating Expense Fee shall equal .06% per annum. If the amount of any Operating Expense Fee paid for any Settlement Period exceeds the actual amount of the operating costs and expenses of the Purchaser incurred during such period, then the Purchaser will periodically remit the excess to the Collection Agent to be applied with other Collections on the Receivables as provided hereunder.

Operating Expense Fee. An Operating operating Expense Fee to --------------------- cover --------------------- routine operating expenses of the Purchaser incurred during the immediately preceding Settlement Period, including fees and commissions payable to commercial paper dealers, issuing and paying agents, rating agencies, printers and auditors. The Operating Expense Fee shall be equal .06to .07% per annum. If the amount of any Operating Expense Fee paid for any Settlement Period exceeds the actual amount of the operating costs and expenses of the Purchaser incurred during such period, then the Purchaser will periodically remit the excess to the Collection Agent to be applied with other Collections on the Receivables as provided hereunder.