Common use of Back-up Servicer Compensation Clause in Contracts

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.

Appears in 5 contracts

Samples: Servicing Agreement (Nova Corp \Ga\), Servicing Agreement (T&w Financial Corp), Servicing Agreement (Granite Financial Inc)

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Back-up Servicer Compensation. As compensation for the performance of its obligations as Back-up Up Servicer under this Agreement and the other Transaction Documents to which it is a party, the Back-up Up Servicer shall be entitled to receive the Back-up Up Servicer Fee.

Appears in 3 contracts

Samples: Sale and Servicing Agreement (Commercial Credit, Inc.), Sale and Servicing Agreement (Commercial Credit, Inc.), Sale and Servicing Agreement (Commercial Credit, Inc.)

Back-up Servicer Compensation. As compensation for the performance of its obligations as Back-up Up Servicer under this Agreement the Back-up Up Servicer shall be entitled to receive no compensation other than the Back-up Servicer Feecompensation received in its capacity as Trustee.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Prudential Securities Secured Financing Corp), Pooling and Servicing Agreement (Prudential Securities Secured Financing Corp)

Back-up Servicer Compensation. As compensation for the performance of its obligations as Back-up Up Servicer under this Agreement Agreement, the Servicer shall pay a monthly fee to be agreed upon between the Servicer and the Back-up Servicer shall be entitled to receive Up Servicer, payable out of the Back-up Servicer FeeServicer's own funds and not out of the Trust Estate.

Appears in 1 contract

Samples: Servicing Agreement (Fund America Investors Corp Ii)

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-Back- up Servicer Fee.

Appears in 1 contract

Samples: Servicing Agreement (Granite Financial Inc)

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Back-up Servicer Compensation. As compensation for the performance of its obligations as Back-up Servicer under this Agreement Agreement, the Back-up Servicer shall be entitled to receive the Back-up Servicer FeeFee which shall be paid as provided herein.

Appears in 1 contract

Samples: Agreement (Eaglemark Inc)

Back-up Servicer Compensation. As compensation for the performance of its obligations as Back-up Servicer under this Agreement Agreement, the Back-up Servicer shall be entitled to receive the Back-up Servicer Fee. 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.

Appears in 1 contract

Samples: Servicing Agreement (Microfinancial Inc)

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