Servicer Extraordinary Expenses definition

Servicer Extraordinary Expenses means extraordinary expenses incurred by the Servicer in accordance with the Servicing Standard in connection with any litigation, arbitration or enforcement proceeding pursued by the Servicer in respect of a Solar Loan.
Servicer Extraordinary Expenses means (a) extraordinary expenses incurred by the Servicer in accordance with the Servicing Standard in connection with any litigation, arbitration or enforcement proceeding pursued by the Servicer in respect of a Solar Loan Agreement and (b) all fees, expenses and other amounts that are paid by the Servicer on behalf of the Issuer and incurred in connection with the financing or servicing of the Solar Loans or the Transaction Documents, including (i) fees, expenses and other amounts paid to attorneys, accountants and other consultants and experts retained by the Issuer and (ii) any sales, use, franchise or property taxes that the Servicer pays on behalf of the Issuer.
Servicer Extraordinary Expenses means (a) extraordinary expenses incurred by the Servicer in accordance with the Servicing Standard in connection with any litigation, arbitration or enforcement proceeding pursued by the Servicer in respect of a Customer Contract and (b) all fees, expenses and other amounts that are paid by the Servicer on behalf of the Borrower and incurred in connection with the financing or servicing of the Solar Loans or the Transaction Documents, including (i) fees, expenses and other amounts paid to attorneys, accountants and other consultants and experts retained by the Borrower and (ii) any sales, use, franchise or property taxes that the Servicer pays on behalf of the Borrower.

Examples of Servicer Extraordinary Expenses in a sentence

  • Extraordinary Expenses), ratably (a) to the Manager, all Manager Extraordinary Expenses not previously paid, and (b) to the Servicer, all Servicer Extraordinary Expenses not previously paid; and [***] = Certain information has been excluded from this exhibit because it is both not material and would likely cause harm to the company if publicly disclosed.


More Definitions of Servicer Extraordinary Expenses

Servicer Extraordinary Expenses means extraordinary expenses incurred by the Servicer in a manner consistent with the Servicing Standard in connection with any litigation, arbitration or enforcement proceeding pursued by or against the Servicer in respect of a Home Improvement Loan.
Servicer Extraordinary Expenses means extraordinary expenses incurred by the Servicer in accordance with the Servicing Standard in connection with any litigation pursued by the Servicer in respect of an Obligor Note.

Related to Servicer Extraordinary Expenses

  • Administration Expenses Payment means the amount the Administrator will be paid from the Gross Settlement Amount to reimburse its reasonable fees and expenses in accordance with the Administrator’s “not to exceed” bid submitted to the Court in connection with Preliminary Approval of the Settlement.