Backup Servicing Fees definition

Backup Servicing Fees as defined in the Backup Servicing Agreement.
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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 (for the avoidance of doubt, prior to the Backup Servicer assuming the role of Servicer);
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Examples of Backup Servicing Fees in a sentence

  • On each Settlement Date, Collections held on deposit in the Liquidation Account for the benefit of the Servicer, if any, shall be paid to the Servicer as the Servicer shall direct; and 5 722297046 96333265 I\14053553.1 (4) Distribution of Backup Servicing Fees and Transition Expenses .

  • When students read a literary text, they have to "cope with language indented for native speakers and thus they gain additional familiarity with many different linguistic uses, forms and conventions of the written mode…." (p.

  • The “Back-up Servicing Fee,” with respect to any Distribution Date, is the aggregate of the Monthly Back-up Servicing Fees specified in the Indenture Supplements as of such Distribution Date (including any unpaid Monthly Back-up Servicing Fees from prior Distribution Dates).

  • A convenience sample of female students (n=44) enrolled at a private college for women in the Midwest participated in the study.


More Definitions of Backup Servicing Fees

Backup Servicing Fees means all amounts owing to the Backup Servicer by the Servicer or the Borrower pursuant to Schedule 1 of the Backup Servicing Agreement.
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Backup Servicing Fees as defined in the Backup Servicing Agreement. LEGAL 4873-0998-8490v4881-9719-6460v.143
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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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Backup Servicing Fees means all amounts owing to the Backup Servicer by the Servicer or the Borrower pursuant to Schedule 1 of the Backup Servicing Agreement. “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. “Base Rate” means, [***] “Benchmark” means, initially, CDOR; provided that if a replacement of the Benchmark has occurred pursuant to Section 0, then “Benchmark” means the applicable Benchmark Replacement to the extent that such Benchmark Replacement has replaced such prior benchmark rate. Any reference to “Benchmark” shall include, as applicable, the published component used in the calculation thereof. “Benchmark Replacement” means, for any Available Tenor: (a) For purposes of Section 0, the first alternative set forth below that can be determined by the Facility Agent:
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Related to Backup Servicing Fees

  • Backup Servicing Fee means, as to each Distribution Date, $4,000; provided, however, that if the Backup Servicer becomes the successor Servicer, such fee shall no longer be paid.

  • 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.

  • 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.

  • Primary Servicing Fee means, with respect to each Mortgage Loan and REO Mortgage Loan, the fee payable to the Primary Servicer pursuant to Section 3.01(c)(20) of this Agreement.

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

  • Base Servicing Fee means the fee payable to the Servicer on each Distribution Date for services rendered during the related Collection Period, which shall be equal to one-twelfth of the Servicing Rate multiplied by the Pool Balance as of the close of business on the last day of the immediately preceding Collection Period or, with respect to the first Distribution Date, the Original Pool Balance.