Master Servicer Compensation. As compensation for its services hereunder, the Master Servicer shall be entitled to the Master Servicer Custodial Account Reinvestment Income. The Master Servicer shall be required to pay all expenses incurred by it in connection with its master servicing activities hereunder and shall not be entitled to reimbursement therefor except as specifically provided in this Agreement.
Master Servicer Compensation. As compensation for its services hereunder, the Master Servicer shall be entitled to a fee in an amount agreed upon between the Master Servicer and the Securities Administrator, payable by the Securities Administrator out of its own funds and not out of any funds of the Trust Estate. The Master Servicer shall also be entitled to additional compensation in the form of the Master Servicer Custodial Account Reinvestment Income. The Master Servicer shall be required to pay all expenses incurred by it in connection with its master servicing activities hereunder and shall not be entitled to reimbursement therefor except as specifically provided in this Agreement.
Master Servicer Compensation. 69 Section 3.19 Advances....................................................................................... 69 Section 3.20 Annual Statement as to Compliance.............................................................. 70 Section 3.21
Master Servicer Compensation. Section 3.20 Annual Statement as to Compliance............................ Section 3.21 Annual Independent Public Accountants' Servicing Statement; Financial Statements............................. Section 3.22 Advances..................................................... Section 3.23 Reports to the Securities and Exchange Commission............
Master Servicer Compensation. (a) Subject to Section 4.03(c) of the Indenture, as compensation for its services hereunder, the Master Servicer shall receive a fee (the "Master Servicing Fee") equal to _____% of the average monthly outstanding principal balance of the Financed Student Loans.
Master Servicer Compensation. 98 Section 4.13 Adjustment of Master Servicer's Compensation...................................................98 Section 4.14 Implementation of Operations and Maintenance Plans.............................................99 Section 4.15
Master Servicer Compensation. 73 Section 3.19 Advances ......................................................73 Section 3.20 Annual Statement as to Compliance..............................74 Section 3.21 Assessments of Compliance and Attestation Reports..............75 Section 3.22 Reports to the Commission .....................................77 Section 3.23 Maintenance of the Rounding Account; Collections Thereunder...................................................83 ARTICLE IV MASTER SERVICER'S CERTIFICATE
Master Servicer Compensation. The Master Servicer Fee and other amounts to which the Master Servicer is entitled pursuant to Section 4.01(a) hereof.
Master Servicer Compensation. The Master Servicer shall be entitled to an amount equal to the Master Servicer Fee for such Distribution Date. Additional master servicing compensation in the form of Certificate Account Reinvestment Income shall be remitted to the Master Servicer pursuant to Section 3.09. The Master Servicer shall be required to pay all expenses incurred by it in connection with its master servicing activities hereunder and shall not be entitled to reimbursement therefor except as specifically provided in this Agreement.
Master Servicer Compensation. The Master Servicer shall be entitled to a fee (the "Master ------ Servicing Fee"), with respect to each Mortgage Loan that shall be equal to ------------- one-twelfth of the product of (a) the Master Servicing Fee Rate and (b) the Scheduled Principal Balance of such Mortgage Loan as of the Due Date in the preceding calendar month. The Master Servicing Fee is payable solely from the interest portion of the Monthly Payment on the related Mortgage Loan plus Liquidation Proceeds, Excess Insurance Proceeds, Excess Condemnation Proceeds or REO Proceeds with respect to such Mortgage Loan, to the extent permitted by Section 4.03(a)(ii) hereof. The Master Servicer shall also be entitled to receive as part of its servicing compensation net reinvestment income pursuant to Section 4.02(b) and certain fees described in clause (2) of Section 4.02(c) and as otherwise permitted under this Agreement.
