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Common use of Master Servicer Compensation Clause in Contracts

Master Servicer Compensation. Master servicing compensation in the form of Master Servicer Custodial Account Reinvestment Income shall be remitted to the Master Servicer pursuant to Section 3.12. The Master Servicer shall be required to pay all expenses incurred by it in connection with its master servicing activities hereunder and shall not be entitled to reimbursement therefor except as specifically provided in this Agreement.

Appears in 4 contracts

Samples: Pooling and Servicing Agreement (Banc of America Funding Corp. Mortgage Pass-Through Certificates Series 2005-A), Pooling and Servicing Agreement (Banc of America Funding Corp. Mortgage Pass-Through Certificates Series 2004-B), Pooling and Servicing Agreement (Banc of America Funding Corp. Mortgage Pass-Through Certificates Series 2004-C)

Master Servicer Compensation. As compensation for its services hereunder, the Master servicing compensation in Servicer shall be entitled to the form of Master Servicer Custodial Account Reinvestment Income shall be remitted to the Master Servicer pursuant to Section 3.12Income. The Master Servicer shall be required to pay all expenses incurred by it in connection with its master servicing activities hereunder and shall not be entitled to reimbursement therefor except as specifically provided in this Agreement.

Appears in 4 contracts

Samples: Pooling and Servicing Agreement, Pooling and Servicing Agreement (Banc of America Funding 2006-5 Trust), Pooling and Servicing Agreement (Banc of America Funding 2006-6 Trust)

Master Servicer Compensation. As compensation for its services hereunder, the Master servicing Servicer shall be entitled to the Master Servicing Fee and additional compensation in the form of the Master Servicer Custodial Account Reinvestment Income shall be remitted to the Master Servicer pursuant to Section 3.12Income. The Master Servicer shall be required to pay all expenses incurred by it in connection with its master servicing activities hereunder and shall not be entitled to reimbursement therefor except as specifically provided in this Agreement.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Banc of America Funding Corp), Pooling and Servicing Agreement (Banc of America Funding 2007-B Trust), Pooling and Servicing Agreement (Banc of America Funding 2007-a Trust)

Master Servicer Compensation. As compensation for its services hereunder, the Master servicing Servicer shall be entitled to additional compensation in the form of the Master Servicer Custodial Account Reinvestment Income shall be remitted to the Master Servicer pursuant to Section 3.12Income. The Master Servicer shall be required to pay all expenses incurred by it in connection with its master servicing activities hereunder and shall not be entitled to reimbursement therefor except as specifically provided in this Agreement.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Banc of America Funding 2006-7 Trust), Pooling and Servicing Agreement (Banc of America Funding 2006-7 Trust)

Master Servicer Compensation. As compensation for its services hereunder, the Master servicing Servicer shall be entitled to compensation in the form of the Master Servicer Custodial Account Reinvestment Income shall be remitted to the Master Servicer pursuant to Section 3.12Income. The Master Servicer shall be required to pay all expenses incurred by it in connection with its master servicing activities hereunder and shall not be entitled to reimbursement therefor except as specifically provided in this Agreement.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Banc of America Funding 2007-4 Trust), Pooling and Servicing Agreement (Banc of America Funding 2007-8 Trust)

Master Servicer Compensation. As compensation for its services hereunder, the Master servicing Servicer shall be entitled to additional compensation in the form of the Master Servicer Custodial Account Reinvestment Income shall be remitted to the Master Servicer pursuant to Section 3.12Income. The Master Servicer shall be required to pay all expenses incurred by it in connection with its master servicing activities hereunder and shall not be entitled to reimbursement therefor except as specifically provided in this Agreement.. -71-

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Banc of America Funding 2006-8t2 Trust)

Master Servicer Compensation. Master servicing compensation in the form of Master Servicer Custodial Account Reinvestment Income shall be remitted to or retained by the Master Servicer pursuant to Section 3.12. The Master Servicer shall be required to pay all expenses incurred by it in connection with its master servicing activities hereunder and shall not be entitled to reimbursement therefor except as specifically provided in this Agreement.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Banc of America Funding Corp. 2005-D Trust)

Master Servicer Compensation. As compensation for its services hereunder, the Master servicing Servicer shall be entitled to compensation in the form of the Master Servicer Custodial Account Reinvestment Income shall be remitted to or other benefit of the Master Servicer pursuant to Section 3.12use of such funds. The Master Servicer shall be required to pay all expenses incurred by it in connection with its master servicing activities hereunder and shall not be entitled to reimbursement therefor except as specifically provided in this Agreement.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Banc of America Funding 2007-6 Trust)