Borrower as Servicer Sample Clauses
Borrower as Servicer. Borrower shall at its own expense service all of the SBA 7(a) Note Receivables, including (i) the billing, posting and maintaining of complete records applicable thereto, and (ii) subject to applicable SBA Rules and Regulations, the taking of such action with respect thereto as Borrower may deem advisable.
Borrower as Servicer. Borrower shall, or shall cause Servicer to, at Borrower’s own expense service all of the Notes Receivable, including (i) the billing, posting and maintaining of complete records applicable thereto, and (ii) subject to applicable SBA Rules and Regulations, the taking of such action with respect thereto as Borrower may deem advisable. Borrower agrees to pay to Lender any and all reasonable fees, costs and expenses incurred in connection with opening and maintaining the Collection Account, the Servicer Account, and any other collection arrangement described above.