Administrator’s Fees and Expenses. The Depositor will pay the Administrator as compensation for performing its obligations under this Agreement a fee separately agreed to by the Depositor and the Administrator. The Administrator will be responsible for its costs and expenses in performing its obligations under this Agreement.
Appears in 83 contracts
Samples: Administration Agreement (Ford Credit Auto Owner Trust 2024-B), Administration Agreement (Ford Credit Auto Owner Trust 2024-B), Administration Agreement (Ford Credit Auto Owner Trust 2024-A)
Administrator’s Fees and Expenses. The Depositor Servicer will pay the Administrator as compensation for performing its obligations under this Agreement a fee separately agreed to by the Depositor Servicer and the Administrator. The Administrator will be responsible for its costs and expenses in performing its obligations under this Agreement.
Appears in 18 contracts
Samples: Transfer and Servicing Agreement (Verizon Owner Trust 2020-B), Transfer and Servicing Agreement (Verizon Owner Trust 2020-C), Transfer and Servicing Agreement (Verizon Owner Trust 2020-A)