Monthly Servicing Fees—Interim Account Status. The Servicing fee for Student Loans in Interim Account status shall be payable by the Owner on a pro-rated monthly basis and shall be equal to [**] basis points per annum based upon the ending principal balance of the Student Loans at month end. ([**] x ending principal balance at month end divided by [**])
Appears in 4 contracts
Samples: Private Student Loan Program Agreement (First Marblehead Corp), Private Student Loan Program Agreement (First Marblehead Corp), Private Student Loan Servicing Agreement (First Marblehead Corp)
Monthly Servicing Fees—Interim Account Status. The Servicing fee for Student Loans in Interim Account status Status shall be payable by the Owner on a pro-rated monthly basis and shall be equal to [**] basis points per annum based upon the ending principal balance of the Student Loans at each month end. ([**] x ending principal balance at month end divided by [**])
Appears in 3 contracts
Samples: Alternative Servicing Agreement (National Collegiate Funding LLC), Alternative Servicing Agreement (National Collegiate Funding LLC), Alternative Servicing Agreement (National Collegiate Funding LLC)
Monthly Servicing Fees—Interim Account Status. The Servicing fee for Student Loans in Interim Account status Status shall be payable by the Owner on a pro-rated prorated monthly basis and shall be equal to [**] basis points per annum based upon the ending principal balance of the Student Loans at each month end. ([**] x ending principal balance at month end divided by [**])
Appears in 1 contract
Samples: Alternative Servicing Agreement
