Servicing Charges definition

Servicing Charges means the sum of (a) all late payment charges paid by Obligors under Contracts after payment in full of any Scheduled Payments due in a prior Collection Period and Scheduled Payments for the related Collection Period and (b) any other incidental charges or fees received from an Obligor, including, but not limited to, late fees, collection fees, taxes and charges for insufficient funds.

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Servicing Charges. The sum of (i) all late payment charges paid by Obligors on Delinquent Contracts after payment in full of any Scheduled Payments due in a prior Due Period and Scheduled Payments for the related Due Period and (ii) any other incidental charges or fees received from an Obligor, including, but not limited to, late fees, collection fees and bounced check charges.

Servicing Charges. For any Due Period, the sum of (a) all late payment charges paid by Customers on Contracts that are Delinquent Contracts after payment in full of any Scheduled Payments due in a prior or current Due Period, (b) all Loss and Damage Waiver Fees, (c) any termination fees payable with respect to a Rental Contract and other prepayment penalties and (d) any other incidental charges or fees received from a Customer, including but not limited to, late fees, collection fees, and returned check charges in excess of any Scheduled Payment.

Examples of Servicing Charges in a sentence

In addition, the Servicer will be entitled to receive as additional compensation late payment fees, the penalty portion of interest paid on past due amounts, origination fees, documentation fees, other administrative fees or similar charges allowed by applicable law with respect to the Contracts, and certain other similar fees paid by the Obligors ("Servicing Charges") and earnings from any Eligible Investments of amounts on deposit in the Collection Account.
The Servicer shall also be entitled to receive any Servicing Charges collected by it other than assumption and substitution fees pursuant to Section 3.11.
The Successor Servicer shall be entitled to the applicable Servicer Fee, Special Servicer Fee or Servicing Advisor Fee and, as applicable, all Servicing Charges.
As compensation for its activities, the Servicer shall be entitled to receive the Servicer Fee and any Servicing Charges.
Monthly Payments, Document Fees, Transaction Fees, Late Payment Servicing Charges, interest accrued at the Overdue Rate and all other sums due or to become due hereunder plus all covenants, warranties and duties of Borrower are herein referred to as the "Obligations." Time is of the essence for this Agreement and the receipt and performance of the Obligations.

More Definitions of Servicing Charges

Servicing Charges. Late fees, collection fees and other incidental charges (other than Loss and Damage Waiver Fees and sales and property taxes) levied on Obligors.

Servicing Charges means the charges imposed to assist the District of Chilliwack to pay the capital costs of its infrastructure and the charges shall beequal to the Development Cost Charges imposed in the District of Chilliwack pursuant to the Development Cost Charge Bylaw in force from time to time.

Servicing Charges means the sum of (a) any late payment charges paid by a Lessee on a Delinquent Lease after application of any such charges to amounts then due under such Lease and (b) any other incidental charges or fees received from a Lessee.

Servicing Charges. The sum of (a) the costs and expenses of the Servicer incurred in connection with the repossession and disposition of Equipment, (b) payments by Customers of premiums on insurance, (c) payments of taxes by Customers and (d) any security deposits paid by any Customer.

Servicing Charges. The sum of (i) any late payment charges paid by a User on a Delinquent Lease after application of any such charges to amounts then due under such Lease and (ii) any other incidental charges or fees received from a User.

Servicing Charges means the sum of (i) all late payment charges paid by Obligors under Contracts after payment

Servicing Charges means the sum of (a) any late payment charges paid by an Obligor on a Delinquent Contract after application of any such charges to amounts then due under such Contract and (b) any other incidental charges or fees received from a Obligor.