Servicing Compensation definition

Servicing Compensation. With respect to each Distribution Date, the sum of (i) the aggregate Servicing Fee for such Distribution Date subject to reduction as provided in Section 3.17, (ii) any Ancillary Income, (iii) Excess Proceeds for the preceding month and (iv) the Servicer Custodial Account Reinvestment Income for such Distribution Date.

Servicing Compensation means the Servicing Fee and other amounts of additional servicing compensation to which the Servicer is entitled pursuant to Section 5.01 of this Agreement.

Servicing Compensation. The Servicing Fee and other amounts to which the Servicer is entitled pursuant to Section 3.08.

Examples of Servicing Compensation in a sentence

• Servicing Compensation and Payment of Expenses The servicing fee rate for your series is 2% per year.

• Servicing Compensation and Payment of Expenses The servicer receives a monthly fee for its servicing activities equal to one-twelfth the product of the amount of transferred principal receivables and 2%.

• Servicing Compensation and Payment of Expenses The Master Servicer will be paid a monthly fee (the “Master Servicing Fee”) from collections with respect to each Mortgage Loan (as well as from any liquidation proceeds or Subsequent Recoveries) equal to one-twelfth of the Stated Principal Balance thereof multiplied by the Servicing Fee Rate.

• These insurers are either omitting the exclusion or they are allowing insureds to pay an additional premium to purchase coverage for claims arising from child sexual abuse.Again, when dealing with insurers you must read the whole policy, assume nothing, and take nothing for granted – never assume that the policy at issue includes the child sexual abuse exclusion or that the exclusion will apply to your claim.

• Federal Housing Finance Agency, “FHFA Announces Joint Initiative to Consider Alternatives for a New Mortgage Servicing Compensation Structure,” press release, January 18, 2011, available athttp://fhfa.gov/webfiles/19639/ Servicing_model11811.pdf.

More Definitions of Servicing Compensation

Servicing Compensation. $__________ The amounts below are for the aggregate of all Certificates:

Servicing Compensation. The Servicing Fee and other amounts to which the Master Servicer is entitled pursuant to Section 5.08 of the Sale and Servicing Agreement.

Servicing Compensation. The Servicing Fee and other amounts to which the Servicer is entitled pursuant to Section 7.08 of the Sale and Servicing Agreement.

Servicing Compensation. The Servicing Fee and other amounts to which the Servicer is entitled pursuant to Section 7.03.

Servicing Compensation. With respect to each Mortgage Loan, the Servicing Fee and the Special Servicing Fee which shall be due to the Servicer and the Special Servicer, as applicable, and such other compensation of the Servicer and Special Servicer specified in Section 3.12, as adjusted pursuant to Section 3.25.

Servicing Compensation. The Servicing Fee and other amounts to which the Servicer is entitled pursuant to Section 4.15 of the Servicing Addendum.

Servicing Compensation. With respect to any Distribution Date, the related Servicing Fee and any other fees, charges or other amounts payable to the Servicer on such Distribution Date.