REMOVAL FEE. Should the Trust remove any of its Education Loans from a Subservicer's system prior to a scheduled termination or breach of this Agreement, the Trust agrees to pay to the Servicer a removal fee of Fifteen Dollars ($15.00) per loan transferred off such Subservicer's computer system, this removal fee shall be in addition to those charges described in Section 2.2 of this Agreement, and in addition to damages arising from a breach of Section 27 hereof.
Appears in 4 contracts
Samples: Master Servicing Agreement (Nelnet Student Loan Funding LLC), Master Servicing Agreement (Nelnet Student Loan Funding LLC), Master Servicing Agreement (Nelnet Student Loan Funding LLC)
REMOVAL FEE. Should the Trust remove any of its Education Loans from a Subservicer's system prior to a scheduled termination or breach of this Agreement, the Trust agrees to pay to the Master Servicer a removal fee of Fifteen Dollars ($15.00) per loan transferred off such Subservicer's computer system, this removal fee shall be in addition to those charges described in Section 2.2 of this Agreement, and in addition to damages arising from a breach of Section 27 hereof.
Appears in 2 contracts
Samples: Master Servicing Agreement (Nelnet Student Loan Funding LLC), Master Servicing Agreement (Nelnet Student Loan Funding LLC)
