Investment Earnings and Supplemental Servicing Fees. Except as otherwise provided in Section 5.01(b)(1) hereof, the Servicer shall be entitled to receive all Supplemental Servicing Fees, and the Seller shall be entitled to receive all Investment Earnings, when and as paid without any obligation to (a) either Trustee, (b) with respect to the Supplemental Servicing Fees, the Seller or (c) with respect to the Investment Earnings, the Servicer, in respect thereof. Neither the Servicer nor the Seller will have any obligation to deposit any such amount in any account established hereunder. To the extent that any such amount shall be held in any account held by either Trustee, or otherwise established hereunder, such amount will be withdrawn therefrom and paid to the Servicer or the Seller, as applicable, upon presentation of a certificate signed by a Responsible Officer of such Person setting forth, in reasonable detail, the amount of such Supplemental Servicing Fees or such Investment Earnings, respectively.
Appears in 5 contracts
Samples: Pooling and Servicing Agreement (Navistar Financial Retail Receivables Corporation), Pooling and Servicing Agreement (Navistar Financial Retail Receivables Corporation), Pooling and Servicing Agreement (Navistar Financial Retail Receivables Corporation)
