Backup Servicer Fee Letter definition

Backup Servicer Fee Letter. The Backup Servicer Fee Letter, dated as of the date hereof, by and among the Servicer, the Administrative Agent, and the Backup Servicer, as such letter may be amended, modified, supplemented, restated or replaced from time to time.
Backup Servicer Fee Letter means the fee letter, dated as of the date hereof, between the Issuer and the Backup Servicer.
Backup Servicer Fee Letter means that certain fee letter, dated as of September 12, 2003, among the Loan Originator, the Servicer, Citigroup Global Markets Inc. and the Backup Servicer.

Examples of Backup Servicer Fee Letter in a sentence

  • The Backup Servicer will not make any changes to the Backup Servicer Fee set forth in the Backup Servicer Fee Letter without the prior written approval of the Administrative Agent and each Purchaser Agent.

  • From the date hereof until the Collection Date, the Backup Servicer will not make any changes to the Backup Servicing Fee set forth in the Backup Servicer Fee Letter without the prior written approval of the Administrative Agent.

  • As compensation for its backup servicing activities hereunder, the Backup Servicer shall be entitled to receive the Backup Servicing Fee and other amounts payable in accordance with the Backup Servicer Fee Letter to the extent of funds available therefor pursuant to Section 2.7 and Section 2.8, as applicable.

  • From the date hereof until the Collection Date, the Backup Servicer will not make any changes to the Backup Servicer Fee set forth in the Backup Servicer Fee Letter without the prior written approval of the Administrative Agent.

  • From the date hereof until the Collection Date, the Backup Servicer will not make any changes to the Backup Servicing Fee set forth in the Backup Servicer Fee Letter without the prior written approval of the Administrative Agent, each Purchaser Agent, the Seller and the Servicer.


More Definitions of Backup Servicer Fee Letter

Backup Servicer Fee Letter means (a) that certain schedule of fees of CenterOne Financial Services LLC, acknowledged by UACC and the Borrower, and consented to by the Administrative/Collateral Agent , as the same may be amended, supplemented or otherwise modified by the parties thereto with the consent of the Required Lenders and (b) any letter agreement(s) or schedule of fees entered into by UACC and the Borrower, with the consent of the Required Lenders, with a substitute Backup Servicer in replacement of the schedule of fees referred to in clause (a) above relating to fees payable to such substitute Backup Servicer. [**CONFIDENTIAL TREATMENT HAS BEEN REQUESTED FOR CERTAIN PORTIONS OF THIS DOCUMENT]
Backup Servicer Fee Letter. The fee letter, dated as of June 2, 2005, among, inter alia, the Originator, the Servicer and the Backup Servicer.
Backup Servicer Fee Letter means the U.S. Bank National Association fee letter, dated as of July 13, 2018, setting forth the fees payable by the Borrower to the Backup Servicer in connection with the transactions contemplated by this Agreement. “Backup Servicer Indemnified Amounts” has the meaning set forth in Section 14.05. “Bail-In Action” means the exercise of any Write-Down and Conversion Powers by the applicable EEA Resolution Authority in respect of any liability of an EEA Financial Institution. “Bail-In Legislation” means, with respect to any EEA Member Country implementing Article 55 of Directive 2014/59/EU of the European Parliament and of the Council of the European Union, the implementing law for such EEA Member Country from time to time which is described in the EU Bail-In Legislation Schedule. “Bankruptcy Code” means the United States Bankruptcy Code, as amended. “Base Rate” means, on any date, a fluctuating interest rate per annum equal to the highest of (a) the Prime Rate, (b) the Federal Funds Rate plus 0.50%, and (c) other than as a result of a Eurodollar Disruption Event, the LIBOR Rate plus 1.0%. The Base Rate is a reference rate and does not necessarily represent the lowest or best rate actually charged to any customer of the Administrative Agent or any Lender. Interest calculated pursuant to clauses (a) and (b) above will be determined based on a year of 365 days or 366 days, as applicable, and actual days elapsed. Interest calculated pursuant to clause (c) above will be determined based on a year of 360 days and actual days elapsed. “Base Rate Advance” means an Advance bearing Interest at the Base Rate. For the avoidance of doubt, a Borrowing bearing Interest at the Base Rate pursuant to clause (c) of the definition thereof shall constitute a Base Rate Advance until such Borrowing is converted to a LIBOR Advance at the option of the Borrower pursuant to Section 2.15 hereof. “Beneficial Ownership Certification” means a certification regarding beneficial ownership required by the Beneficial Ownership Regulation. - 4- 34881204v6 110062879
Backup Servicer Fee Letter. The fee letter agreement, dated as of the date -------------------------- hereof, by and among the Guarantor and the Backup Servicer, as amended, modified, restated or replaced.
Backup Servicer Fee Letter means (a) that certain schedule of fees of ▇▇▇▇▇ Fargo Bank, National Association, acknowledged by AmeriCredit and the Issuer and the Administrative Agent, as the same may be amended, supplemented or otherwise modified by the parties thereto, provided that if such fees increase more than 10% per annum, any such amendment or modification shall have been approved by the Class A Majority, the Class B Majority and the Class C Majority, acting together and (b) any letter agreement(s) or schedule of fees entered into by AmeriCredit and the Issuer, with the consent of the Class A Majority, the Class B Majority and the Class C Majority, acting together, with a substitute Backup Servicer and in replacement of the schedule of fees referred to in clause (a) above relating to fees payable to such substitute Backup Servicer.
Backup Servicer Fee Letter. The Fee Letter, dated as of September 28, 2000, among the Servicer, the Administrative Agent (as successor to Wachovia Capital Markets, LLC), and the Backup Servicer, as such letter may be amended, modified, supplemented, restated or replaced from time to time.
Backup Servicer Fee Letter means (a) that certain schedule of fees of WFB, acknowledged by CAR and the Borrower, and consented to by the Administrative Agent, as the same may be amended, supplemented or otherwise modified by the parties thereto with the consent of the Required Lenders and (b) any letter agreement(s) or schedule of fees entered into by CAR and the Borrower, with the consent of the Required Lenders, with a substitute Backup Servicer in replacement of the schedule of fees referred to in clause (a) above relating to fees payable to such substitute Backup Servicer.