SERVICING COMPENSATION; ADVANCES AND EXPENSES. (a) As compensation for its services hereunder, the Servicer shall be paid the Servicing Fee. The Servicer shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder and shall be entitled to reimbursement thereof as described below. The Servicing Fee shall be paid to the Servicer and Servicing Expenses reimbursed to the Servicer pursuant to Section 6.4 of the Indenture.
Appears in 2 contracts
Samples: Servicing Agreement (PMC Capital Inc), Servicing Agreement (PMC Capital Inc)
SERVICING COMPENSATION; ADVANCES AND EXPENSES. (a) As compensation for its services hereunder, the each Servicer shall be paid the Servicing FeeFee with respect to the Loans for which it is responsible for servicing. The Such Servicer shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder and shall be entitled to reimbursement thereof as described below. The Servicing Fee shall be paid to the such Servicer and Servicing Expenses reimbursed to the such Servicer pursuant to Section 6.4 of the Indenture.
Appears in 2 contracts
Samples: Servicing Agreement (PMC Capital Inc), Servicing Agreement (PMC Capital Inc)
SERVICING COMPENSATION; ADVANCES AND EXPENSES. (a) As compensation for its services hereunder, the such Servicer shall be paid the Servicing FeeFee with respect to the Loans for which it is responsible for servicing. The Such Servicer shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder and shall be entitled to reimbursement thereof as described below. The Servicing Fee shall be paid to the such Servicer and Servicing Expenses reimbursed to the such Servicer pursuant to Section 6.4 of the Indenture.
Appears in 1 contract
SERVICING COMPENSATION; ADVANCES AND EXPENSES. (a) As compensation for its services hereunder, the Servicer shall be paid the Servicing Fee. The Servicer shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder and shall be entitled to reimbursement thereof therefore as described below. The Servicing Fee shall be paid to the Servicer and Servicing Expenses reimbursed to the Servicer pursuant to Section 6.4 6.3 of the Indenture.
Appears in 1 contract
SERVICING COMPENSATION; ADVANCES AND EXPENSES. (a) As compensation for its services hereunder, the each Servicer shall be paid the Servicing FeeFee with respect to the Loans for which it is responsible for servicing. The Such Servicer shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder and shall be entitled to reimbursement thereof as described below. The Servicing Fee shall be paid to the such Servicer and Servicing Expenses reimbursed to the such Servicer pursuant to Section 6.4 of the Indenture.
Appears in 1 contract