Common use of DEFICIENCY COLLECTIONS Clause in Contracts

DEFICIENCY COLLECTIONS. Under separate agreement, SST may provide deficiency collections services on a contingency fee basis. (1) These items shall only apply to SST's performance of successor servicing duties and constitute the fees and reimbursable expenses due SST as successor servicer as described in the definition of Servicing Fee as modified by Schedule III, item 1 to the Backup Servicing Agreement.

Appears in 2 contracts

Samples: Backup Servicing Agreement (Onyx Acceptance Financial Corp), Backup Servicing Agreement (Onyx Acceptance Financial Corp Onyx Accept Owner Tr 2003-C)

AutoNDA by SimpleDocs

DEFICIENCY COLLECTIONS. Under separate agreement, SST may provide deficiency collections services on a contingency fee basis.. ___________________________ (1) These items shall only apply to SST's performance of successor servicing duties and constitute the fees and reimbursable expenses due SST as successor servicer as described in the definition of Servicing Fee as modified by Schedule III, item 1 to the Backup Servicing Agreement.

Appears in 1 contract

Samples: Backup Servicing Agreement (Onyx Acceptance Financial Corp)

DEFICIENCY COLLECTIONS. Under separate agreement, SST may provide deficiency collections services on a contingency fee basis. (1) These items shall only apply to SST's performance of successor servicing duties and constitute the fees and reimbursable expenses due SST as successor servicer as described in the definition of Servicing Fee as modified by Schedule III, item 1 to the Backup Servicing Agreementduties.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Americredit Automobile Receivables Trust 2005-1)

AutoNDA by SimpleDocs

DEFICIENCY COLLECTIONS. Under separate agreement, SST may provide deficiency collections services on a contingency fee basis.. -------------------------------------------------------------- (1) These items shall only apply to SST's performance of successor servicing duties and constitute the fees and reimbursable expenses due SST as successor servicer as described in the definition of "Servicing Fee Fee" as modified by Schedule III, item 1 to the Backup Servicing Agreement.

Appears in 1 contract

Samples: Backup Servicing Agreement (Onyx Acceptance Fin Corp Onyx Accept Owner Tr 2003-B)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!