Servicer’s Fees. As compensation for performing its obligations under this Agreement, the Servicer will be paid the Servicing Fee. On each Payment Date, the Issuer will pay the Servicing Fee to the Servicer according to Section 8.2 of the Indenture. In addition, the Servicer may retain any Supplemental Servicing Fees and will receive investment earnings (net of investment losses and expenses) on funds in the Bank Accounts in each Collection Period.
Appears in 51 contracts
Samples: Sale and Servicing Agreement (Ford Credit Auto Receivables Two LLC), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2024-B), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2024-B)
Servicer’s Fees. As compensation for performing its obligations under this Agreement, the Servicer will be paid the Servicing Fee. On each Payment Date, the Issuer will pay the Servicing Fee to the Servicer according to in accordance with Section 8.2 of the Indenture. In addition, the Servicer may will be entitled to retain any all Supplemental Servicing Fees and will receive investment earnings (net of investment losses and expenses) on funds in the Bank Accounts in during each Collection Period.
Appears in 30 contracts
Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2015-B), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2015-B), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2015-A)
Servicer’s Fees. As compensation for performing its obligations under this Agreement, the Servicer will be paid the Servicing Fee. On each Payment Date, the Issuer will pay the Servicing Fee to the Servicer according to Section 8.2 of the Indenture. In addition, the Servicer may retain any Supplemental Servicing Fees and Fees. The Servicer will also receive investment earnings (net of investment losses and expenses) the Temporarily Excluded Receivables Servicing Fee on funds each Payment Date, which will be payable solely from Collections on the Temporarily Excluded Receivables, as set forth in the Bank Accounts in each Collection PeriodSection 3.5(b).
Appears in 24 contracts
Samples: Transfer and Servicing Agreement (Verizon Owner Trust 2020-A), Transfer and Servicing Agreement (Verizon Owner Trust 2020-C), Transfer and Servicing Agreement (Verizon Owner Trust 2020-B)
Servicer’s Fees. As compensation for performing its obligations under this Agreement, the Servicer will be paid the Servicing Fee. On each Payment Date, the Issuer will pay the Servicing Fee to the Servicer according to in accordance with Section 8.2 of the Indenture. In addition, the Servicer may will be entitled to retain any all Supplemental Servicing Fees and will receive investment earnings (net of investment losses and expenses) on funds in deposited into the Bank Accounts in during each Collection Period.
Appears in 10 contracts
Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2010-B), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2010-A), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2008-C)
Servicer’s Fees. As compensation for performing its obligations under this Agreement, the Servicer will be paid the Servicing Fee. On each Payment Date, the Issuer will pay the Servicing Fee to the Servicer according to in accordance with Section 8.2 of the Indenture. In addition, the Servicer may will be entitled to retain any from Collections all Supplemental Servicing Fees and will receive investment earnings (net of investment losses and expenses) on funds in deposited into the Bank Accounts in during each Collection Period.
Appears in 7 contracts
Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2007-B), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2007-A), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2006-A)
Servicer’s Fees. As compensation for performing its obligations under this Agreement, the Servicer will be paid the Servicing Fee. On each Payment Date, the Issuer will pay the Servicing Fee to the Servicer according to Section 8.2 of the Indenture. In addition, the Servicer may retain any Supplemental Servicing Fees and will receive investment earnings (net of investment losses and expenses) on funds in the Bank Accounts in each Collection Period.
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)