Replacement Servicer Fee definition

Replacement Servicer Fee means, in respect of any Collection Period, if the Backup Servicer is the Replacement Servicer, the amount referred to in the Backup Servicing Agreement or Backup Servicing Fee Letter, and if a Person other than the Seller, an Affiliate of the Seller or the Backup Servicer is the Replacement Servicer, the actual fee payable to such Person, calculated and payable monthly based on the aggregate net book value of all Pool Receivables outstanding as at each Settlement Date;
Replacement Servicer Fee has the meaning assigned to such term in Section 7.03 of the Sale and Servicing Agreement.
Replacement Servicer Fee has the meaning ascribed thereto in Section 6.3.

Examples of Replacement Servicer Fee in a sentence

  • In May 2007, we subleased approximately 6,180 square feet of our space to another tenant.

  • Examples include local community and neighborhood centers, libraries, faith-based organizations, family resource centers, housing authority meeting rooms, and non-profit organizations.

  • Such Replacement Servicer Fee, together with applicable taxes, shall be payable to the Replacement Servicer in arrears on each Distribution Date out of the proceeds deposited to the Collections Account pursuant to Section 6.1(1)(b).


More Definitions of Replacement Servicer Fee

Replacement Servicer Fee means any fee payable to a Replacement Servicer.
Replacement Servicer Fee means the fees payable to the Replacement Servicer following the Replacement Servicer’s appointment.
Replacement Servicer Fee means, in respect of any Collection Period, if the Backup Servicer is the Replacement Servicer, the amount referred to in the Backup Servicing Agreement or Backup Servicing Fee Letter, and if a Person other than the Seller, an Affiliate of the Seller or the Backup Servicer is the Replacement Servicer, the actual fee payable to such Person, WSLEGAL\047083\00034\17266544v3 I\113475037.1 calculated and payable monthly based on the aggregate net book value of all Pool Receivables outstanding as at each Settlement Date;
Replacement Servicer Fee shall have the meaning set forth in Section 4.04.

Related to Replacement Servicer Fee