Deboarding Fee. The amount that the Seller shall be required to pay to the Servicer as a result of the Seller or the Master Servicer exercising its right to terminate this Agreement without cause with respect to some or all of the Mortgage Loans pursuant to Section 8.02(iii) hereof, which amount is set forth on Schedule II hereto. Depositor: Structured Asset Securities Corporation, a Delaware corporation, or any successor in interest.
Deboarding Fee. The Deboarding Fee shall be an amount equal to per Mortgage Loan or REO Property shall be an amount set forth in the Fee Letter.
Deboarding Fee. With respect to each Mortgage Loan, the deboarding fee set forth in the related Term Sheet.
Examples of Deboarding Fee in a sentence
In addition, the Owner shall not be required to pay a Deboarding Fee for any Mortgage Loan upon expiration of the Original Term unless the servicing of such Mortgage Loan is transferred to a third party upon such expiration.
More Definitions of Deboarding Fee
Deboarding Fee. The amount that the Seller shall be required to pay to the Subservicer as a result of the Seller, the Servicer or the Master Servicer exercising its right to terminate this Agreement without cause with respect to some or all of the Mortgage Loans pursuant to Section 8.02(iii) hereof, which amount is set forth in the GMAC Flow Subservicing Agreement. Depositor: Structured Asset Securities Corporation, a Delaware corporation, or any successor in interest.
Deboarding Fee as follows:
Deboarding Fee. The Deboarding Fee shall be an amount equal to:
Deboarding Fee. With respect to each Mortgage Loan, the amount set forth in the Fee Letter, which amount shall be payable to Servicer in the event Servicer is terminated without cause pursuant to this Agreement. For the avoidance of doubt, a Deboarding Fee is not payable in connection with a a liquidation of a Mortgage Loan (other than a payoff in full) or the liquidation or transfer of an REO Property.
Deboarding Fee means, with respect to any Asset, the applicable fee set forth on Exhibit C paid by the related Owner to the Subservicer pursuant to Section 10.1(c).
Deboarding Fee. With respect to each Mortgage Loan and REO Property, the deboarding fee set forth in the Pricing Exhibit. Default: A Mortgage Loan shall be considered in default when one Monthly Payment is due and unpaid as of the last day of the calendar month in which the monthly payment was due.
Deboarding Fee means a fee payable by Borrower to Lender equal to $35.00 per each Home released from the Lien of the Security Agreement pursuant to Section 2.04, Section 2.05 or Section 2.06 hereof.