Back-up Servicer Compensation Clause Samples

Back-up Servicer Compensation. As compensation for the performance of its obligations as Back-up Servicer under this Agreement the Back-up Servicer shall be entitled to receive the Back-up Servicer Fee.
Back-up Servicer Compensation. (a) As compensation for its performance under Section 9.06(a) and Section 9.06(b) the Back-up Servicer shall be paid the Back-up Servicer Fee and any amount set forth in the related Series Supplement. (b) As compensation for its performance under Section 9.02 above, the Back-up Servicer shall be entitled to such Servicer Fee and any Increased Servicer Fee pursuant to Section 9.02 hereof and other amounts (whether payable out of the applicable Facility Account or otherwise).
Back-up Servicer Compensation. As compensation for the performance of its obligations as Back-Up Servicer under this Agreement, the Servicer shall pay a monthly fee to be agreed upon between the Servicer and the Back-Up Servicer, payable out of the Servicer's own funds and not out of the Trust Estate.
Back-up Servicer Compensation. (a) As compensation for its performance under Section 4.12(a) above, the Issuer agrees that the Back-up Servicer shall be paid the following amounts: (A) due upon Closing Date, the sum of $5,000 (including the acceptance fee for services as Indenture Trustee) and (B) as a monthly fee payable on each Payment Date from the Collection Account, the product of (1) one-twelfth (1/12), (2) the Back-up Servicer Fee Rate and (3) the Aggregate Discounted Contract Principal Balance on the first day of the immediately preceding Collection Period. (b) As compensation for its performance under Section 4.12(b) above, the Back-up Servicer shall be entitled to such Back-up Servicer Fee and other amounts (whether payable out of the Collection Account or otherwise) as the Servicer would have been entitled to under this Agreement as if no Servicer Termination Notice has been given to the Servicer; provided, that the Back-up Servicer shall not be entitled to receive any compensation in excess of that which the Servicer was entitled to under this Agreement. (c) In the event of an Event of Servicing Termination hereunder, the Servicer, on behalf of the Issuer, shall pay to the Back-up Servicer a fee in an amount agreed to by the Servicer and the Back-up Servicer for conversion to the Back-up Servicer's software system, such fee to be included as an Indenture Trustee Expense.
Back-up Servicer Compensation. (a) As compensation for its performance under Section 5.13(a) above, the Depositor agrees that the Back-up Servicer shall be paid the following amounts: (A) due upon Closing Date, the sum of $6,000 and (B) as a monthly fee payable on each Payment Date from the Collection Account, the product of (1) one-twelfth (1/12), (2) 0.02% per annum and (3) the Aggregate Discounted Contract Principal Balance on the first day of the immediately preceding Collection Period. (b) As compensation for its performance under Section 5.13(b) above, the Back-up Servicer shall be entitled to such Back-up Servicer Fee and other amounts (whether payable out of the Collection Account or otherwise) as the Servicer would have been entitled to under this Agreement as if no Servicer Termination Notice has been given to the Servicer. The Back-up Servicer shall not be entitled to receive any compensation in excess of that which the Servicer was entitled to under this Agreement. (c) In the event of an Event of Servicing Termination hereunder, the Depositor shall pay to the Back-up
Back-up Servicer Compensation. As compensation for the performance of its obligations as Back-up Servicer under this Agreement, the Back-up Servicer shall be entitled to receive a portion of the Account Administration Fee as provided in the Indenture. In connection with any transfer of the servicing obligations to a successor Servicer in accordance with Section 6.02 hereof, the Back-up Servicer shall be entitled to reimbursement of Transition Costs as provided therein and in the Indenture.