Common use of Compensation of Successor Servicer Clause in Contracts

Compensation of Successor Servicer. The Titling Companies, in the case of a termination under Section 7.2, and the related Exchange Noteholder, in the case of a termination under Section 7.3, may make arrangements for the compensation of the successor Servicer out of Collections that are part of the Borrower Collateral relating to the rights terminated as they and the successor Servicer may agree. No compensation will exceed the amount paid to the predecessor Servicer under this Agreement or the related Servicing Supplement.