Common use of Servicer’s Expenses Clause in Contracts

Servicer’s Expenses. Unless otherwise specified, the cost of any of the servicing procedures detailed in this Agreement shall be borne solely by the Servicer. The Servicer may not charge such expenses against the Borrower's Escrow Funds. The foregoing shall not preclude the Servicer from recovering such expenses from the Borrower to the extent permitted by applicable law and the related Mortgage Loan Documents.

Appears in 76 contracts

Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-Ar8 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-Ar6 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-11 Trust)

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Servicer’s Expenses. Unless otherwise specified, the cost of any of the servicing procedures detailed in this Agreement shall be borne solely by the Servicer. The Servicer may not charge such expenses against the Borrower's ’s Escrow Funds. The foregoing shall not preclude the Servicer from recovering such expenses from the Borrower to the extent permitted by applicable law and the related Mortgage Loan Documents.

Appears in 1 contract

Samples: Servicing Agreement (Wells Fargo Asset Securities Corp)

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