Special Servicing Compensation definition
Special Servicing Compensation. With respect to any Serviced Mortgage Loan, Serviced Loan Combination or REO Property (other than an REO Property related to an Outside Serviced Mortgage Loan), any of the Special Servicing Fee, the Workout Fee, and the Liquidation Fee which shall be due to the Special Servicer.
Special Servicing Compensation. With respect to any Mortgage Loan, any of the Special Servicing Fee, the Workout Fee, and the Liquidation Fee which shall be due to the Special Servicer.
Special Servicing Compensation. With respect to any Mortgage Loan, any of (i) the Special Servicing Fee, (ii) the Work Out Fee, (iii) the Liquidation Fee and (iv) all other amounts due to the Special Servicer pursuant to Section 3.12(a) and Section 3.12(b)(iii).
Examples of Special Servicing Compensation in a sentence
The Servicer or the Special Servicer, as the case may be, shall be entitled to all income and gain realized from the investment of funds deposited in the Accounts as Additional Servicing Compensation or Additional Special Servicing Compensation, as applicable.
More Definitions of Special Servicing Compensation
Special Servicing Compensation. The Special Servicing Fee, together with the Additional Special Servicing Compensation and any Workout Fees or Liquidation Fees.