Common use of Compensation Payable Clause in Contracts

Compensation Payable. If the Servicer shall resign or be terminated, the Servicer shall continue to be entitled to all accrued and unpaid compensation payable to the Servicer through the date of such termination as specified in Section 4.09 of this Agreement.

Appears in 108 contracts

Samples: Sale and Servicing Agreement (Toyota Auto Receivables 2024-D Owner Trust), Sale and Servicing Agreement (Toyota Auto Receivables 2024-D Owner Trust), Form of Sale and Servicing Agreement (Toyota Auto Finance Receivables LLC)

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Compensation Payable. If the Servicer shall resign or be terminated, the Servicer shall continue to be entitled to all accrued and unpaid compensation payable to the Servicer through the date of such termination as specified in Section 4.09 4.07 of this Agreement20[__]-[__] SUBI Servicing Supplement.

Appears in 2 contracts

Samples: Trust and Servicing Agreement (Toyota Lease Trust), Trust and Servicing Agreement (Toyota Lease Trust)

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