Common use of Grantor Trustee's Fees Clause in Contracts

Grantor Trustee's Fees. The Grantor Trustee shall be entitled to be paid the Grantor Trustee Fee pursuant to Section 5.01(c) of the Sale and Servicing Agreement. Except as otherwise provided herein, the Grantor Trustee will be responsible for all expenses it incurs in respect of any of its duties or obligations hereunder and will not be entitled to any additional amounts. The Grantor Trustee acknowledges and agrees that the Grantor Trustee Fee constitutes reasonable compensation for its activities as Grantor Trustee hereunder.

Appears in 4 contracts

Samples: Grantor Trust Agreement (Painewebber Mort Accept Corp Iv Empire Funding 1999-1), Grantor Trust Agreement (Empire Funding Home Loan Owner Trust 1998 3), Grantor Trust Agreement (Painewebber Mortgage Acceptance Corporation Iv)

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Grantor Trustee's Fees. The Grantor Trustee shall be entitled to be paid the Grantor Trustee Fee pursuant to Section 5.01(c) of the Sale and Servicing Agreement. Except as otherwise provided herein, the Grantor Trustee will be responsible for all ordinary expenses it incurs in respect of any of its duties or obligations hereunder and will not be entitled to any additional amounts. The Grantor Trustee acknowledges and agrees that the Grantor Trustee Fee constitutes reasonable compensation for its activities as Grantor Trustee hereunder.

Appears in 3 contracts

Samples: Grantor Trust Agreement (Painewebber Mort Accept Corp Iv Ditech Home Loan Ownr 1998-1), Grantor Trust Agreement (Master Financial Asset Securitization Trust 1998-2), Grantor Trust Agreement (Master Financial Asset Securitization Trust 1998-2)

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Grantor Trustee's Fees. The Grantor Trustee shall be entitled to be paid the Grantor Trustee Fee pursuant to Section 5.01(c5.10(c) of the Sale and Servicing Agreement. Except as otherwise provided herein, the Grantor Trustee will be responsible for all expenses it incurs in respect of any of its duties or obligations hereunder and will not be entitled to any additional amounts. The Grantor Trustee acknowledges and agrees that the Grantor Trustee Fee constitutes reasonable compensation for its activities as Grantor Trustee hereunder.

Appears in 2 contracts

Samples: Grantor Trust Agreement (Empire Funding Home Loan Owner Trust 1997-5), Grantor Trust Agreement (Empire Funding Home Loan Owner Trust 1998-1)

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