Monthly Servicing Fees - Repayment Account Status. The Servicing fee for loans in Repayment 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 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 - Repayment Account Status. The Servicing fee for loans in Repayment Account 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 at each month end: ([**] x ending principal balance at month end divided by [**])
Appears in 1 contract
Samples: Alternative Servicing Agreement
