Backup Servicing Fee Letter definition

Backup Servicing Fee Letter means (i) the Backup Servicing Agreement, setting forth the Backup Servicing Fees payable to the Backup Servicer; and (ii) any replacement backup servicing fee letter entered into from time to time with the prior written consent of the Majority Purchasers; in each case as such letters may be amended, supplemented or otherwise modified from time to time in accordance with the terms hereof.
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Backup Servicing Fee Letter means (i) the fee letter, dated October 20, 2010, setting forth the Backup Servicing Fees payable to the Backup Servicer; and (ii) any replacement backup servicing fee letter entered into from time to time with the prior written consent of the Majority Purchasers; in each case as such letters may be amended, supplemented or otherwise modified from time to time in accordance with the terms hereof.
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Backup Servicing Fee Letter means the fee letter (if any) approved in writing by the Control Party, setting forth the Backup Servicing Fees payable to the Backup Servicer, as the same may be amended, supplemented or otherwise modified from time to time with the prior written consent of the Control Party. "BACKUP SERVICING FEES" means all fees and reimbursable expenses (excluding Transition Expenses) payable pursuant to the Backup Servicing Agreement or the Backup Servicing Fee Letter. "BANK RATE" for any Purchaser for any Yield Period for any Portion of Investment means an interest rate PER ANNUM equal to the Applicable Margin above the Eurodollar Rate for such Purchaser for such Yield Period; provided, further, that in the case of
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Examples of Backup Servicing Fee Letter in a sentence

  • Guildford College can demonstrate success in meeting or exceeding 100% of the 5 milestones established in its Access Agreement baseline targets (2005-6) by 2008-9.


More Definitions of Backup Servicing Fee Letter

Backup Servicing Fee Letter means the letter agreement dated as of even --------------------------- date herewith between the Backup Servicer and the Agent, as amended or otherwise modified from time to time.
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Backup Servicing Fee Letter means the letter agreement dated as of even --------------------------- date herewith between the Backup Servicer and the Agent, as amended or otherwise modified from time to time.
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Related to Backup Servicing Fee Letter

  • Backup Servicing Agreement means the Amended and Restated Backup Servicing Agreement dated as of the Closing Date among the Borrower, the Servicer, the Administrative Agent and the Backup Servicer, as amended by that certain Amendment No. 1 to Backup Servicing Agreement dated as of April 14, 2009, as the same may from time to time be further amended, restated, supplemented, waived or modified.

  • Special Servicing Fee shall have the meaning given to such term in the Servicing Agreement.

  • Backup Servicer means Wxxxx Fargo Bank, National Association, in its capacity as Backup Servicer under this Agreement.

  • Servicing Fee means the fee payable to the Servicer for services rendered during each Collection Period, determined pursuant to Section 4.08 of the Sale and Servicing Agreement.

  • Special Servicing Fee Rate With respect to each Specially Serviced Mortgage Loan and each REO Loan, 0.25% per annum.

  • Sub-Servicing Agreement The written contract between the Servicer and a Sub-Servicer relating to servicing and administration of certain Mortgage Loans as provided in Section 3.02.

  • Servicing Fee Rate With respect to each Mortgage Loan, 0.50% per annum.