Backup Servicer Fee means the fee to be paid to the Backup Servicer as set forth in the Backup Servicing Agreement.
Backup Servicer Fee means, for any Collection Period, the greater of (i) the product of one-twelfth of 0.0075% and the Pool Balance as of the first day of the preceding Collection Period (or in the case of the initial Collection Period, as of the Cutoff Date) and (ii) $2,500.
Backup Servicer Fee means any fee payable monthly by Borrower to a Backup Servicer, such fee, including, without limitation, fees for verification services, to be as specified in the applicable Backup Servicing Agreement.
More Definitions of Backup Servicer Fee
Backup Servicer Fee. As set forth in the Backup Servicer and Collateral Custodian Fee Letter.
Backup Servicer Fee means, for any Remittance Period or portion thereof after the occurrence of a Servicer Default and the appointment of the Backup Servicer as Servicer hereunder, an amount, payable out of Collections on the Pledged Receivables and amounts applied to the payment of, or treated as payments on, the Pledged Receivables, equal to the Backup Servicing Fee Rate multiplied by the Net Eligible Receivables Balance as of the first day of such Remittance Period.
Backup Servicer Fee means, with respect to any Payment Date, the fee payable to the Backup Servicer, in an amount equal to the greater of (a) the product of (i) one-twelfth (1/12th), (ii) 0.034% and (iii) the Aggregate Implicit Principal Balance of Eligible Contracts as of the first day of the related Collection Period and (b) $1,500 per Collection Period.
Backup Servicer Fee means the fee payable to KPMG during the Period of Appointment in relation to a Trust and being the greater of the following amounts:
Backup Servicer Fee. With respect to any Payment Date, the fee payable to the Backup Servicer for services rendered during the related Collection Period, as specified in a separate fee letter between the Backup Servicer and Paragon.]
Backup Servicer Fee. The amount payable to the Backup Servicer pursuant to Section 6 of the Backup Servicing Agreement.
Backup Servicer Fee. With respect to any Payment Date, the fee payable to the Backup Servicer for services rendered during the related Collection Period which shall be equal to one-twelfth of .0175% multiplied by the Note Balance as of the open of business on the first day of the related Collateral Period, provided, however, in no event shall the Backup Servicer Fee be less than $13,125 in aggregate in any calendar year.