Common use of Servicer Fee Clause in Contracts

Servicer Fee. The Servicer will be entitled to retain from Collections on the Receivables all late fees, prepayment charges, extension fees and other administrative fees or similar charges allowed by applicable law with respect to Receivables during each Collection Period (the "Supplemental Servicing Fee"). The Servicer also will be entitled to receive investment earnings (net of investment losses and expenses) on funds deposited in the Trust Accounts during each Collection Period. The Servicer also will be entitled to the Servicing Fee, as provided in Section 4.7(c).

Appears in 5 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Receivables Two LLC), Sale and Servicing Agreement (Ford Credit Auto Receivables Two LLC), Sale and Servicing Agreement (Ford Credit Auto Receivables Two LLC)

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