Master Servicing Compensation. As compensation for its activities hereunder, the Master Servicer shall be entitled to retain or withdraw from the Collection Account an amount equal to the Master Servicing Compensation. The Trust Administrator will remit to the Master Servicer all investment income earned on amounts held in the Distribution Account, net of the WMMSC Investment Earnings Amount, if any, which the Trust Administrator shall remit directly to WMMSC.
Appears in 8 contracts
Samples: Pooling and Servicing Agreement (MASTR Adjustable Rate Mortgages Trust 2004-12), Pooling and Servicing Agreement (MASTR Adjustable Rate Mortgage Trust 2004-8), Pooling and Servicing Agreement (MASTR Adjustable Rate Mortgages Trust 2004-10)
Master Servicing Compensation. As compensation for its activities hereunder, the Master Servicer shall be entitled to retain or withdraw from the Collection Account an amount equal to all investment income gained on amounts held in the Master Servicing CompensationCollection Account. The Trust Administrator Trustee will remit from amounts on deposit in the Distribution Account to the Master Servicer all investment income earned on amounts held in the Distribution Account, Account net of the WMMSC Investment Earnings Amount, if any, which the Trust Administrator Trustee shall remit directly to WMMSC.
Appears in 6 contracts
Samples: Pooling and Servicing Agreement (Master Adjustable Rate Mortgages Trust 2004-2), Pooling and Servicing Agreement (Mastr Adjustable Rate Mortgages Trust 2004-2), Pooling and Servicing Agreement (Mortgage Asset Sec Trans Inc Mastr Adj Rate Mort Tr 2004 3)
Master Servicing Compensation. As compensation for its activities hereunder, the Master Servicer shall be entitled to retain or withdraw from the Collection Account an amount equal to all investment income gained on amounts held in the Master Servicing CompensationCollection Account. The Trust Administrator will remit to the Master Servicer all investment income earned on amounts held in the Distribution Account, net of the WMMSC Investment Earnings Amount, if any, which the Trust Administrator shall remit directly to WMMSC.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (MASTR Seasoned Securitization Trust 2004-1)
Master Servicing Compensation. As compensation for its activities hereunder, the Master Servicer shall be entitled to retain or withdraw from the Collection Account an amount equal to all investment income gained on amounts held in the Master Servicing CompensationCollection Account. The Trust Administrator will remit to the Master Servicer all investment income earned on amounts held in the Distribution Account, Account net of the WMMSC Investment Earnings Amount, if any, which the Trust Administrator shall remit directly to WMMSC.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (MASTR Alternative Loan Trust 2004-9)
Master Servicing Compensation. As compensation for its activities hereunder, the Master Servicer shall be entitled to retain or withdraw from the Collection Account an amount equal to the Master Servicing Compensation. The Trust Administrator will remit to the Master Servicer all investment income earned on amounts held in the Distribution Account, Account net of the WMMSC Investment Earnings Amount, if any, which the Trust Administrator shall remit directly to WMMSC.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (MASTR Adjustable Rate Mortgages Trust 2004-4)
Master Servicing Compensation. As compensation for its activities hereunder, the Master Servicer shall be entitled to retain or withdraw from the Collection Account an amount equal to all investment income gained on amounts held in the Master Servicing CompensationCollection Account. The Trust Administrator Trustee will remit from amounts on deposit in the Distribution Account to the Master Servicer all investment income earned on amounts held in the Distribution Account, net of the WMMSC Investment Earnings Amount, if any, which the Trust Administrator Trustee shall remit directly to WMMSC.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Mastr Adjustable Rate Mortgage Trust 2003-2)
