Common use of Fees and Other Amounts Payable to the Master Servicer Clause in Contracts

Fees and Other Amounts Payable to the Master Servicer. The Master Servicer shall be entitled to either retain or withdraw from the Master Servicer Account (i) the Master Servicing Fee, (ii) amounts necessary to reimburse itself for any previously unreimbursed Advances, (iii) an aggregate annual amount to indemnify the Master Servicer for amounts due in accordance with Section 8.01(b), 8.11 and 8.12 hereof, and (iv) any other amounts that it is entitled to receive hereunder for reimbursement, indemnification or otherwise. 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 Trust Agreement.

Appears in 7 contracts

Samples: Master Servicing and Trust Agreement (GSR Mortgage Loan Trust 2005-Ar3), Master Servicing and Trust Agreement (GSR Mortgage Loan Trust 2005-Ar2), Master Servicing and Trust Agreement (GSR Mortgage Loan Trust 2006-Ar1)

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Fees and Other Amounts Payable to the Master Servicer. The Master Servicer shall be entitled to either retain or withdraw from the Master Servicer Account Account, (ia) the Master Servicing Fee, (iib) amounts necessary to reimburse itself for any previously unreimbursed AdvancesAdvances and any Advances the Master Servicer deems to be non-recoverable from the related Mortgage Loan proceeds, (iiic) an aggregate annual amount to indemnify the Master Servicer for amounts due in accordance with Section 8.01(b), 8.11 and 8.12 hereof, and (ivd) any other amounts that it is entitled to receive hereunder for reimbursement, indemnification or otherwise. 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 Trust Agreement.

Appears in 6 contracts

Samples: Master Servicing and Trust Agreement (GSR Mortgage Loan Trust 2006-8f), Master Servicing and Trust Agreement (GSR 2006-4f), Master Servicing and Trust Agreement (GSR Mortgage Loan Trust 2006-1f)

Fees and Other Amounts Payable to the Master Servicer. The Master Servicer shall be entitled to either retain or withdraw from the Master Servicer Account Account, (i) the Master Servicing Fee, (ii) amounts necessary to reimburse itself for any previously unreimbursed AdvancesAdvances and any Advances the Master Servicer deems to be non-recoverable from the related Mortgage Loan proceeds, (iii) an aggregate annual amount to indemnify the Master Servicer for amounts due in accordance with Section 8.01(b), 8.11 and 8.12 hereof, and (iv) any other amounts that which it is entitled to receive hereunder for reimbursement, indemnification or otherwise. 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 Trust Agreement.

Appears in 6 contracts

Samples: Master Servicing and Trust Agreement (Gs Mortgage Securities Corp), Master Servicing and Trust Agreement (GSR Mortgage Loan Trust 2005-6f), Master Servicing and Trust Agreement (GSR Mortgage Loan Trust 2005-4f)

Fees and Other Amounts Payable to the Master Servicer. The Master Servicer shall be entitled to either retain or withdraw from the Master Servicer Account Account, (i) the Master Servicing Fee, (ii) amounts necessary to reimburse itself for any previously unreimbursed Advances, (iii) an aggregate annual amount to indemnify the Master Servicer for amounts due in accordance with Section 8.01(b), 8.11 and 8.12 hereof, and (iv) any other amounts that which it is entitled to receive hereunder for reimbursement, indemnification or otherwise. 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 Trust Agreement. Amounts in excess of this limit which are subject to indemnification hereunder shall be reimbursed to the Master Servicer in succeeding years subject to the annual limit.

Appears in 4 contracts

Samples: Master Servicing and Trust Agreement (GS Mortgage GSR Loan Trust 2004-9), Master Servicing and Trust Agreement (Gs Mortgage Securities Corp GSR Mort Loan Tr 2003-7f), Master Servicing and Trust Agreement (GSR Mortgage Loan Trust 2004-11)

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Fees and Other Amounts Payable to the Master Servicer. The Pursuant to Section 3.11, the Master Servicer shall be entitled to either retain or withdraw from the Master Servicer Account Account, (i) the Master Servicing Fee, (ii) amounts necessary to reimburse itself for any previously unreimbursed AdvancesAdvances and any Advances the Master Servicer deems to be non-recoverable from the related Mortgage Loan proceeds, (iii) an aggregate annual amount to indemnify the Master Servicer for amounts due in accordance with Section 8.01(bSections 10.01(b), 8.11 10.11 and 8.12 hereof10.12, and (iv) any other amounts that which it is entitled to receive hereunder for reimbursement, indemnification or otherwise. 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 Trust Agreement.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Gsamp Trust 2004-Sd1)

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