Retained Yield Clause Samples

The Retained Yield clause defines the portion of income or production from an asset, such as agricultural land or mineral rights, that the owner or lessor is entitled to keep after a transaction or agreement. In practice, this clause specifies the exact percentage or amount of yield that remains with the original party, regardless of any transfer or lease to another party. For example, a landowner leasing farmland may retain a set share of the crop yield each season. The core function of this clause is to ensure that the original owner continues to benefit from the asset's productivity, even when operational control or use is granted to another party, thereby protecting their ongoing financial interests.
Retained Yield. Administrative Fee; Servicing --------------------------------------------- Compensation. ------------ On each Distribution Date, the Master Servicer shall remit to the Depositor, by wire transfer of immediately available funds, from payments of interest and other collections with respect to interest on the Contracts deposited in the Certificate Account a Retained Yield equal to ____% of the Principal Balance of each Contract and an Administrative Fee equal to _____% of the Principal Balance of each Contract as provided in Section 3.19. The Master Servicer shall be entitled to retain an amount in respect of each interest payment on a Contract equal to the excess of each interest payment on such Contract over the sum of (i) the Retained Yield, (ii) the Administrative Fee and (iii) the Pass-Through Rate, as provided in Section 3.19, and such other amounts as provided in accordance with the provisions of the Standard Terms.
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Retained Yield. (a) Greystone Funding's (if the related FHA Assigned Mortgage Loan is a Greystone Mortgage Asset) and Daiwa Finance's (if the related FHA Assigned Mortgage Loan is a Daiwa Mortgage Asset) right to receive the Retained Yield with respect to any FHA Debenture shall be absolute and unconditional, but shall last only for so long as such FHA Debenture is part of the Trust Fund. Greystone Funding's (if the related FHA Assigned Mortgage Loan is a Greystone Mortgage Asset) and Daiwa Finance's (if the related FHA Assigned Mortgage Loan is a Daiwa Mortgage Asset) right to receive the Retained Yield with respect to an FHA Assigned Mortgage Loan shall also be absolute and unconditional, but shall last only until a Final Recovery Determination has been made with respect to such FHA Assigned Mortgage Loan. Greystone Funding's (if the related FHA Assigned Mortgage Loan is a Greystone Mortgage Asset) and Daiwa Finance's (if the related FHA Assigned Mortgage Loan is a Daiwa Mortgage Asset) right to receive the Retained Yield shall not be subject to offset or counterclaim, notwithstanding any breach of any representation or warranty of Greystone Funding or Daiwa Finance, respectively, under this Agreement or any default by Greystone Funding or Daiwa Finance, respectively, of any of its obligations or covenants under this Agreement. (b) The Master Servicer shall remit any Retained Yield received with respect to any FHA Debenture or FHA Assigned Mortgage Loan to Greystone Funding (if the related FHA Assigned Mortgage Loan is a Greystone Mortgage Asset) or Daiwa Finance (if the related FHA Assigned Mortgage Loan is a Daiwa Mortgage Asset) pursuant to such reasonable arrangements as may be entered into between the Master Servicer and each Seller. (c) Retained Yield in respect of any FHA Debenture shall be payable solely from payments of interest received on such FHA Debenture and from the interest portion of any proceeds received in connection with the sale of such FHA Debenture pursuant to Section 3.15 or 10. 01. Any Retained Yield with respect to any FHA Debenture shall cease to accrue at such time as the FHA Debenture is paid in full or otherwise removed from the Trust Fund. Retained Yield in respect of any FHA Assigned Mortgage Loan shall be payable solely from payments of interest received from the FHA with respect to such FHA Assigned Mortgage Loan. Any Retained Yield with respect to any FHA Assigned Mortgage Loan shall cease to accrue at such time as a Final Recovery Det...
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Retained Yield. ...9 Single Certificate: A Certificate issued in a minimum Denomination of $_______________ as set forth in Section 11.04...........................9
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Retained Yield. 13 Series.......................................... 13 Servicer........................................ 14
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Retained Yield. The percentage rate per annum of the principal -------------- balance from time to time of each Contract that is retained by the Depositor and payable out of each interest payment on a Contract, which percentage is set forth in Article XI and in the Contract Schedule.
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Related to Retained Yield

  • Carryover Notwithstanding any other provision of this Section 6, no adjustment shall be made to the number of shares of Common Stock to be delivered to the Warrantholder (or to the Exercise Price) if such adjustment represents less than 1% of the number of shares to be so delivered, but any lesser adjustment shall be carried forward and shall be made at the time and together with the next subsequent adjustment which together with any adjustments so carried forward shall amount to 1% or more of the number of shares to be so delivered.

  • State Interest Liabilities 8.6.1 The State shall be liable for interest on Federal funds from the date Federal funds are credited to a State account until the date those funds are paid out for program purposes. 8.6.2 The State shall use the following method to calculate State interest liabilities on Federal funds:

  • Distribution Date 13 DTC...........................................................................................13

  • Bilingual Differential When formally assigned in the employee’s position description, an employee assigned to interpret to or from another language to English will receive a differential of five percent (5%) of base pay.

  • Payments from Available Funds Only All payments to be made by the Borrower under this Agreement shall be made only from the amounts that constitute Scheduled Payments, Special Payments and other payments under the Operative Agreements, including payment under Section 4.02 of the Participation Agreements and payments under Section 2.14 of the Indentures, and only to the extent that the Borrower shall have sufficient income or proceeds therefrom to enable the Borrower to make payments in accordance with the terms hereof after giving effect to the priority of payments provisions set forth in the Intercreditor Agreement. The Liquidity Provider agrees that it will look solely to such amounts to the extent available for distribution to it as provided in the Intercreditor Agreement and this Agreement and that the Borrower, in its individual capacity, is not personally liable to it for any amounts payable or liability under this Agreement except as expressly provided in this Agreement, the Intercreditor Agreement or any Participation Agreement. Amounts on deposit in the Class A Cash Collateral Account shall be available to the Borrower to make payments under this Agreement only to the extent and for the purposes expressly contemplated in Section 3.05(f) of the Intercreditor Agreement.