Common use of Payment of Base Servicing Fee Clause in Contracts

Payment of Base Servicing Fee. Servicer shall provide Bank with a monthly statement no later than [*] ([*]) [*] after the end of such calendar month showing the calculation of the Base Servicing Fee payable by Bank for each calendar month during the term of the Wal-Mart Visa Gift Card Program. Bank shall pay such Base Servicing Fee no later than [*] ([*]) [*] after receipt of such statement.

Appears in 1 contract

Samples: Program Services Agreement (Green Dot Corp)

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Payment of Base Servicing Fee. (a) Servicer shall provide Bank with a monthly statement no later than [*] ([*]) [*] after the end of such calendar month showing the calculation of the Base Servicing Fee payable by Bank for each calendar month during the term of the Wal-Mart Visa Gift Card Program. Bank shall pay such Base Servicing Fee no later than [*] ([*]) [*] after receipt of such statement, to the extent not otherwise deducted by Servicer in Section 4(b) below.

Appears in 1 contract

Samples: Program Services Agreement (Green Dot Corp)

Payment of Base Servicing Fee. (a) Servicer shall provide Bank with a monthly statement no later than [*] ([*]) [*] after the end of such calendar month showing the calculation of the Base Servicing Fee payable by Bank for each calendar month during the term of the Wal-Mart Visa Gift Card Program. Bank shall pay such Base Servicing Fee no later than [*] ([*]) [*] after receipt of such statement, to the extent not otherwise deducted by Servicer in Section 4(b) below.

Appears in 1 contract

Samples: Program Services Agreement (Green Dot Corp)

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Payment of Base Servicing Fee. Servicer shall provide Bank with a monthly statement no later than [*] ([*]) [*] after the end of such calendar month showing the calculation of the Base Servicing Fee payable by Bank for each calendar month during the term of the Wal-Mart Visa Gift Card Program. Bank shall pay such Base Servicing Fee no later than [*] ([*]) [*] after receipt of such statement.

Appears in 1 contract

Samples: Program Services Agreement (Green Dot Corp)

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