Application of Funds in the Primary Certificate Account. (a) The Primary Servicer shall, as described in clause (b) below, make withdrawals from the Primary Certificate Account of amounts payable from the Primary Certificate Account of the following amounts, from the amounts specified for the following purposes: (i) Primary Servicing Fees and Excess Servicing Fees: to pay to itself the Primary Servicing Fee and the Excess Servicing Fee;
Appears in 7 contracts
Samples: Primary Servicing Agreement (Bear Stearns Commercial Mortgage Securities Trust 2007-Pwr15), Primary Servicing Agreement (Bear Stearns Commercial Mortgage Securities Trust 2007-Pwr18), Primary Servicing Agreement (Bear Stearns Commercial Mortgage Securities Trust 2007-Pwr17)
Application of Funds in the Primary Certificate Account. (a) The Primary Servicer shall, as described in clause (b) below, make withdrawals from the Primary Certificate Account of amounts payable from the Primary Certificate Account of the following amounts, from the amounts specified for the following purposes:
(i) Primary Servicing Fees and Excess Servicing Fees: to pay to itself the Primary Servicing Fee and the Excess Servicing Fee;
Appears in 2 contracts
Samples: Primary Servicing Agreement (Bear Stearns Commercial Mortgage Securities Trust 2007-Pwr16), Primary Servicing Agreement (Bear Stearns Commercial Mortgage Securities Trust 2006-Pwr11)
Application of Funds in the Primary Certificate Account. (a) The Primary Servicer shall, as described in clause (b) below, make withdrawals from the Primary Certificate Account of amounts payable from the Primary Certificate Account of the following amounts, from the amounts specified for the following purposes:
(i) Primary Servicing Fees and Excess Servicing Fees: to pay to itself the Primary Servicing Fee and the Excess Servicing Fee;
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Morgan Stanley Capital I Trust 2005-Hq7)
