Common use of Retained Yield; Administrative Fee; Servicing Compensation Clause in Contracts

Retained Yield; Administrative Fee; Servicing Compensation. On each Distribution Date, the Master Servicer shall remit to the Depositor, by wire transfer of immediately available funds, from payments of interest and other collections with respect to interest on the Contracts deposited in the Certificate Account a Retained Yield equal to __% of the Principal Balance of each Contract and an Administrative Fee equal to __% of the Principal Balance of each Contract as provided in Section 3.19. The Master Servicer shall be entitled to retain an amount in respect of each interest payment on a Contract equal to the excess of each interest payment on such Contract over the sum of (i) the Retained Yield, (ii) the Administrative Fee and (iii) the Pass-Through Rate as provided in Section 3.19, and such other amounts as provided in accordance with the provisions of the Standard Terms.

Retained Yield; Administrative Fee; Servicing Compensation. On each Distribution Date, the Master Servicer shall remit to the Depositor, by wire transfer of immediately available funds, from payments of interest and other collections with respect to interest on the Contracts deposited in the Certificate Account a Retained Yield equal to ____% of the Principal Balance of each Contract and an Administrative Fee equal to _____% of the Principal Balance of each Contract as provided in Section 3.19. The Master Servicer shall be entitled to retain an amount in respect of each interest payment on a Contract equal to the excess of each interest payment on such Contract over the sum of (i) the Retained Yield, (ii) the Administrative Fee and (iii) the Pass-Through Rate Rate, as provided in Section 3.19, and such other amounts as provided in accordance with the provisions of the Standard Terms.