Deconversion Fee. Loans transferred off the Subservicer Servicing System on or after termination of this Agreement will be assessed a fee of Twelve Dollars ($12.00) per account.
Deconversion Fee. In the event Client requests that Mellon provide records to a successor agent, in connection with the expiration or termination of this Agreement, Client shall pay Mellon a fee for deconversion services (e.g., providing shareholder lists and files, producing and shipping records, answering successor agent inquiries). This fee will be based on Mellon’s then-current deconversion fee schedule. Mellon may withhold the Client’s records, reports and unused certificate stock from a successor agent pending the Client’s payment in full of all fees and expenses owed to Mellon under this Agreement. Legal, Technological Expenses: Certain expenses may be incurred in resolving legal matters that arise in the course of performing services hereunder. This may result in a separate charge to cover Mellon’s expenses (including the cost of external or internal counsel) in resolving such matters; provided that any legal expenses charged to the Clients shall be reasonable. Mellon shall use best efforts to consult with Client prior to incurring any material expenses in accordance with this paragraph. In the event any Federal regulation and/or state or local law are enacted which require Mellon to make any technological improvements and/or modifications to its current system, Client shall compensate Mellon, on a pro rata basis proportionate to the Client’s registered shareholder base, for the costs associated with making such required technological improvements and/or modifications. Record Storage: Monthly fee of $2.50 per box, with a minimum charge of $50.00.
Deconversion Fee. Loans transferred off the NELnet Servicing System on or after termination of this Agreement will be assessed a fee of Twelve Dollars ($12.00) per account.
Deconversion Fee. The fee payable by the Owner/Servicer to the Subservicer as provided in Section 5.4(a), which fee, if any, shall equal the amount set forth in Exhibit B. The Deconversion Fee relating to a termination of this Agreement with respect to an Interim Serviced Mortgage Loan, if any, shall equal the amount set forth in Exhibit B. Default Firms: Shall have the meaning assigned to such term in Section 2.3.
Deconversion Fee. Loans transferred off the Union Bank Servicing System on or after termination of this Agreement will be assessed a fee of Twelve Dollars ($12.00) per account.
Deconversion Fee. Client agrees to pay Wendover, in addition to all other amounts due hereunder, **** as a deconversion fee for each Mortgage Loan deconverted from Wendover's system for any reason other than payment in full. Exhibit C of Sub-Servicing Agreement 3 of 5
Deconversion Fee. If subservicing hereunder is terminated with respect to any or all of the Loans for any reason other than foreclosure, acquisition of the Security Property in lieu of payment or payment in full or for cause (as defined in Section 5.2(b) below), Lender/Servicer shall pay to Subservicer the Deconversion Fee described on Schedule II in consideration of Subservicer's work in assisting with the transfer of servicing for any such Loans. The Deconversion Fee shall be withheld by Subservicer from Lender/Servicer's remittance. Any amount still due after this offset is exhausted shall be paid within five (5) business days of receipt of an invoice therefor. If termination is made for cause (as defined in Section 5.2(b) below), Lender/Servicer will pay all costs charged by the new servicer for transferring data to the new servicer.
Deconversion Fee. Deconversion is defined as the transfer of ownership or servicing of any Loan record in accordance with the provisions of Section 7.3 or Article VIII, or as otherwise mutually agreed. Deconversion charges will be payable in advance at the rate of $15.00 per Loan; provided, however, that there shall not be any deconversion charges in the event that this Agreement is terminated by the Customer pursuant to Sections 8.5 (provided that the Customer is not in breach of this Agreement at the time of the exercise of such right of termination) or 8.6 of this Agreement. Deconversion associated with termination or expiration of the Agreement will be accomplished as a single activity unless otherwise agreed (in which event Customer shall be liable for any additional costs incurred by Sub-Servicer, all as determined by Sub-Servicer). Sub-Servicer assumes no liability for Loan records remaining on Sub-Servicer's system after deconversion associated with termination or expiration of the Servicing Agreement. Transfers off of Sub-Servicer's system shall be in Sub-Servicer's machine readable media and format, and will include packaging of all documents for shipment. Deconversion includes one (1) Borrower system transaction history per Account. Additional copies will be charged at $.50 each. Non-standard reports will be charged at rates mutually agreed to and based on an estimate of application programming hours required and production costs in accordance with the Rate Schedule. All deconversion documents will be made available FOB Jacksonville, Florida. Customer shall bear responsibility for any documents while in transit or for any file recreation as a result of documents lost in transit. Servicing fees for the month in which deconversion occurs will be prorated based on the deconversion date. Post-deconversion assistance after tapes and/or documents are shipped will be scheduled as mutually agreed, and will be charged per the Rate Schedule in SCHEDULE A.
Deconversion Fee. $25.00 for each Loan the Lender removes from Sallie Mae's servicing system. The Deconversion Fee must be paid befxxx xxe Lender may remove the Loan from Sallie Mae's servicing system. Subsidized Stafford Loans and Unsubsixxxxx Stafford Loans made under the same axxxxxxxxon will be counted as twx Xxxxx in calculating the Deconversion Fee. Only one Origination and/or Conversion Fee will be charged for an Unsubsidized Stafford and an associated subsidized Stafford Loan processed under xxx xxxx application. ATTACHMENT B OFFICER'S CERTIFICATE Re: ExportSS Agreement dated July 1, 2000, between Seller and Sallie Mae. I, of Fleet National Bank, as Trustee (the "Sexxxx"), hereby certify to the Student Loan Marketing Association ("Sallie Mae") that: ================================================================================ ONE OF THE OFFICERS LISTED IN THIS SECTION HAS SIGNED THE AGREEMENT AND THE PERSON(S) NAMED BELOW ARE, AS OF THE DATE OF THIS CERTIFICATE, THE REPRESENTATIVES OF THE SELLER DULY AUTHORIZED TO EXECUTE AGREEMENTS REGARDING THE ORIGINATION, SERVICING, AND SALE OF STUDENT LOANS WITH SALLIE MAE, HOLD THE CORPORATE OFFICES INDICATED NEXT TO THEIR NAMES, XXX SIGNATURES FOLLOWING THEIR NAMES ARE THEIR GENUINE SIGNATURES, AND ONE OF THEM HAS DULY EXECUTED THE AGREEMENT: NAME TITLE SIGNATURE ---- ----- --------- Theresa Quirk Vice President /s/ THERESA QUIXX ================================================================================ By: /s/ JOHN J. BROSNAN ------------------------------------------ (Xx xxxxxxx xxx did not sign the Agreement and is not listed in the box above) Name: JOHN J. BROSNAN --------------------------------------- Title: Xxxxxxxxx Xxxe President --------------------------------------- Date: October 31, 2000 --------------------------------------- OFFICER'S CERTIFICATE Re: EXPORTSS Agreement dated July 1, 2000, between Fleet National Bank, as Trustee, and Sallie Mae. I, of Academic Management Services, Inc. ("AMS"), xxrxxx certify to the Student Loan Marketing Association ("Sallie Mae") that: ================================================================================ ONE OF THE OFFICERS LISTED IN THIS SECTION HAS SIGNED THE AGREEMENT AND THE PERSON (5) NAMED BELOW ARE, AS OF THE DATE OF THIS CERTIFICATE, THE REPRESENTATIVES OF AMS DULY AUTHORIZED TO EXECUTE AGREEMENTS REGARDING THE ORIGINATION, SERVICING, AND SALE OF STUDENT LOANS WITH SALLIE MAE, HOLD THE CORPORATE OFFICES INDICATED NEXT TO THEIR NAMES, XXX SXXXATURES ...
