Common use of Servicing Compensation: Payment of Certain Expenses by Xxxxxx Xxx Clause in Contracts

Servicing Compensation: Payment of Certain Expenses by Xxxxxx Xxx. As compensation for its activities and obligations hereunder, Xxxxxx Mae shall be entitled to the amounts provided for in the Sale and Servicing Agreement. Xxxxxx Xxx shall pay all expenses incurred by it hereunder in connection with its servicing activities and shall not be entitled to reimbursement therefor out of proceeds of the Mortgage Loans. Additional servicing compensation in the form of prepayment charges, assumption fees, late payment charges or otherwise shall be retained by Xxxxxx Mae.

Appears in 8 contracts

Samples: Trust Agreement, Trust Agreement, Trust Agreement

AutoNDA by SimpleDocs

Servicing Compensation: Payment of Certain Expenses by Xxxxxx Xxx. As compensation for its activities and obligations hereunder, Xxxxxx Mae shall be entitled to the amounts provided for in the Sale and Servicing Agreement. Xxxxxx Xxx shall pay all expenses incurred by it hereunder in connection with its servicing activities and shall not be entitled to reimbursement therefor out of proceeds of the Mortgage Loans. Additional servicing compensation in the form of prepayment charges, assumption fees, late payment charges or otherwise shall be retained by Xxxxxx Mae.

Appears in 5 contracts

Samples: Trust Agreement, Trust Agreement, Trust Agreement

Servicing Compensation: Payment of Certain Expenses by Xxxxxx Xxx. As compensation for its activities and obligations hereunder, Xxxxxx Mae shall be entitled to the amounts provided for in the Sale and Servicing Agreement. Xxxxxx Xxx shall pay all expenses incurred by it hereunder in connection with its servicing activities and shall not be entitled to reimbursement therefor out of proceeds of the Mortgage Loans. Additional servicing compensation Loans , except as expressly provided herein or in the form of prepayment charges, assumption fees, late payment charges or otherwise shall be retained by Xxxxxx MaeSale and Servicing Agreement.

Appears in 4 contracts

Samples: Trust Agreement, Trust Agreement, Trust Agreement

Servicing Compensation: Payment of Certain Expenses by Xxxxxx Xxx. As compensation for its activities and obligations hereunder, Xxxxxx Mae shall be entitled to the amounts provided for in the Sale and Servicing Agreement. Xxxxxx Xxx shall pay all expenses incurred by it in connection with its activities hereunder and under the Sale and Servicing Agreement hereunder in connection with its servicing activities and shall not be entitled to reimbursement therefor out of proceeds of the Mortgage Loans. Additional servicing compensation , except as expressly provided herein or in the form of prepayment charges, assumption fees, late payment charges or otherwise shall be retained by Xxxxxx MaeSale and Servicing Agreement.

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

Servicing Compensation: Payment of Certain Expenses by Xxxxxx Xxx. As compensation for its activities and obligations hereunder, Xxxxxx Mae shall be entitled to the amounts provided for in the Sale and Servicing Agreement. Xxxxxx Xxx shall pay all expenses incurred by it hereunder in connection with its servicing activities and shall not be entitled to reimbursement therefor out of proceeds of the Group 6 Mortgage Loans. Additional servicing compensation in the form of prepayment charges, assumption fees, late payment charges or otherwise shall be retained by Xxxxxx Mae.

Appears in 1 contract

Samples: Trust Agreement

Servicing Compensation: Payment of Certain Expenses by Xxxxxx Xxx. As compensation for its activities and obligations hereunder, Xxxxxx Mae shall be entitled to the amounts provided for in the Sale and Servicing Agreement. Xxxxxx Xxx shall pay all expenses incurred by it hereunder in connection with its servicing activities and shall not be entitled to reimbursement therefor out of proceeds of the related Mortgage Loans. Additional servicing compensation in the form of prepayment charges, assumption fees, late payment charges or otherwise shall be retained by Xxxxxx MaeXxx. ARTICLE V Residual Certificates

Appears in 1 contract

Samples: Trust Agreement

AutoNDA by SimpleDocs

Servicing Compensation: Payment of Certain Expenses by Xxxxxx Xxx. As compensation for its activities and obligations hereunder, Xxxxxx Mae shall be entitled to the amounts provided for in the Sale and Servicing Agreement. Xxxxxx Xxx shall pay all expenses incurred by it hereunder in connection with its servicing activities and shall not be entitled to reimbursement therefor out of proceeds of the Mortgage Loans. Additional servicing compensation in the form of prepayment charges, assumption fees, late payment charges or otherwise shall be retained by Xxxxxx Maethe Servicer.

Appears in 1 contract

Samples: Trust Agreement

Servicing Compensation: Payment of Certain Expenses by Xxxxxx Xxx. As compensation for its activities and obligations hereunder, Xxxxxx Mae shall be entitled to the amounts provided for in the Sale and Servicing Agreement. Xxxxxx Xxx shall pay all expenses incurred by it hereunder in connection with its servicing activities and shall not be entitled to reimbursement therefor out of proceeds of the Group 6, Group 7 or Group 8 Mortgage Loans. Additional servicing compensation in the form of prepayment charges, assumption fees, late payment charges or otherwise shall be retained by Xxxxxx Mae.

Appears in 1 contract

Samples: Trust Agreement

Servicing Compensation: Payment of Certain Expenses by Xxxxxx Xxx. As compensation for its activities and obligations hereunder, hereunder with respect to the Mortgage Loans Xxxxxx Mae shall be entitled to the amounts provided for in the Sale and Servicing Agreement. Xxxxxx Xxx shall pay all expenses incurred by it hereunder in connection with its servicing activities and shall not be entitled to reimbursement therefor out of proceeds of the Mortgage Loans. Additional servicing compensation in the form of prepayment charges, assumption fees, late payment charges or otherwise shall be retained by Xxxxxx Mae.

Appears in 1 contract

Samples: Trust Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!