Payment to Seller of Base Servicing Fee. Seller shall be entitled to payment of the Base Servicing Fee only to the extent payments from Mortgagors are available therefor. Under no circumstances shall Purchaser be liable to Seller for payment of the Base Servicing Fee. The servicing fees and expenses of any sub-servicer shall be paid by Seller and in no event will the amount of Servicing Spread Collections or termination payments otherwise allocable to the Excess MSRs be reduced due to the payment of sub-servicing fees and expenses.
Appears in 7 contracts
Samples: Flow and Bulk Purchase Agreement, Excess MSR Acquisition and Recapture Agreement (Cherry Hill Mortgage Investment Corp), Flow and Bulk Excess MSR Purchase Agreement (Cherry Hill Mortgage Investment Corp)
