Common use of Trustee Compensation and Expenses Clause in Contracts

Trustee Compensation and Expenses. (a) The Trustee shall withdraw from the Distribution Account on each Distribution Date and pay to itself the Trustee Compensation prior to making any distributions to Certificateholders consisting of income earned on amounts on deposit in the Distribution Account.

Appears in 5 contracts

Samples: Pooling and Servicing Agreement (Soundview Home Loan Trust 2006-Wf1), Pooling and Servicing Agreement (Soundview Home Loan Trust 2006-Eq1), Pooling and Servicing Agreement (Soundview Home Loan Trust 2006-Wf2)

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Trustee Compensation and Expenses. (a) The Trustee shall withdraw from the Distribution Account on each Distribution Date and pay to itself the Trustee Compensation prior to making any distributions to Certificateholders consisting of income earned on amounts on deposit in the Distribution AccountCertificateholders.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Greenpoint Mortgage Funding Trust 2005-Hy1), Pooling and Servicing Agreement (Soundview Home Loan Trust 2005-A)

Trustee Compensation and Expenses. (a) The Trustee shall withdraw from the Distribution Account on each Distribution Date and pay to itself the Trustee Compensation prior to making any distributions to Certificateholders consisting Certificateholders. A portion of income earned the Trustee Compensation will be paid to the Custodian on amounts on deposit in each Distribution Date as compensation for the Distribution AccountCustodian’s duties under the Custodial Agreement.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Soundview Home Loan Trust 2007-Wmc1)

Trustee Compensation and Expenses. (a) The Trustee shall withdraw from the Distribution Account on each Distribution Date at any time, as compensation for its services hereunder, and pay to itself itself, the Trustee Compensation amount described in Section 3.11(b)(vi) prior to making any distributions to Certificateholders consisting of income earned on amounts on deposit in the Distribution AccountCertificateholders.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Soundview Home Loan Trust 2005 DO-1 Asset Backed Certificates,Series)

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Trustee Compensation and Expenses. (a) The Trustee shall withdraw from the Distribution Account on each Distribution Date and pay to itself the Trustee Compensation prior to making any distributions to Certificateholders consisting of income earned on amounts on deposit in the Distribution AccountAccount and the Trustee Fee.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Soundview Home Loan Trust 2007-Ns1)

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