Common use of Compensation for the Master Servicer Clause in Contracts

Compensation for the Master Servicer. (a) In addition to the Master Servicer's right to receive its Master Servicing Fee, pursuant to Article IV all income and gain realized from any investment of funds in the Master Servicer Collection Account and the Distribution Account shall be for the benefit of the Master Servicer as compensation. Servicing compensation in the form of assumption fees, if any, late payment charges, as collected, if any, or otherwise (but not including any Prepayment Charges) shall be retained by the applicable Servicer and shall not be deposited in the Protected Account. The Master Servicer will be entitled to retain, as additional compensation, any interest remitted by a Servicer in connection with a Principal Prepayment in full or otherwise in excess of amounts required to be remitted to the Master Servicer Collection Account. The Master Servicer shall be required to pay all expenses incurred by it in connection with its activities hereunder and shall not be entitled to reimbursement therefor except as provided in this Agreement. (b) The amount of the aggregate compensation payable as set forth in Section 3.14(a) (the "Master Servicing Compensation") to the Master Servicer in respect of any Distribution Date shall be reduced in accordance with Section 3.20.

Compensation for the Master Servicer. (a) In addition to the Master Servicer's right to receive its Master Servicing Fee, pursuant to Article IV all income and gain realized from any investment of funds in the Master Servicer Collection Account and the Distribution Account shall be for the benefit of the Master Servicer as compensation. Servicing compensation in the form of assumption fees, if any, late payment charges, as collected, if any, or otherwise (but not including any Prepayment Charges) shall be retained by the applicable Servicer and shall not be deposited in the Protected Account. The Master Servicer will be entitled to retain, as additional compensation, any interest remitted by a Servicer in connection with a Principal Prepayment in full or otherwise in excess of amounts required to be remitted to the Master Servicer Collection Account. The Master Servicer shall be required to pay all expenses incurred by it in connection with its activities hereunder and shall not be entitled to reimbursement therefor except as provided in this Agreement. (b) The amount of the aggregate compensation payable as set forth in Section 3.14(a) (the "Master Servicing Compensation") to the Master Servicer in respect of any Distribution Date shall be reduced in accordance with Section 3.20.

Compensation for the Master Servicer. (a) In addition to On each Payment Date the Master Servicer's right Servicer shall be entitled to receive its Master Servicing Fee, pursuant to Article IV all income and gain realized for a period of three (3) Business Days from any investment of funds in the Master Servicer Collection Account and Account, pursuant to Article III, for the Distribution Account performance of its activities hereunder (the “Master Servicer Compensation”). The remainder of such investment income shall be for payable to the benefit Holders of the Master Servicer Class B Grantor Trust Certificate as compensationset forth in the Grantor Trust Agreement. Servicing compensation in the form of assumption fees, if any, late payment charges, as collected, if any, or otherwise (but not including any Prepayment Chargesprepayment premium or penalty) shall be retained by the applicable Servicer and shall not be deposited in the Protected Account. The Master Servicer will be entitled to retainMoreover, as additional compensation, any interest remitted by a Servicer servicing compensation in connection with a Principal Prepayment the form of investment income on amounts in full or otherwise in excess of amounts the Protected Account and other receipts not required to be remitted to deposited in the Master Servicer Collection AccountProtected Account as specified in Section 3.01 shall be retained by the Servicer. The Master Servicer shall be required to pay all expenses incurred by it in connection with its activities hereunder and, in addition the fees of the Grantor Trustee, Indenture Trustee and any Custodian as agreed on by each such party and the Master Servicer, and shall not be entitled to reimbursement therefor except as provided in this Agreement. (b) The amount of the aggregate compensation payable as set forth in Section 3.14(a) (the "Master Servicing Compensation") to the Master Servicer in respect of any Distribution Date shall be reduced in accordance with Section 3.20.