Successor Servicing Fees and Expenses definition

Successor Servicing Fees and Expenses means the fees and expenses payable to the Successor Servicer as agreed to by the Borrower, the Lenders and the Administrative Agent.
Successor Servicing Fees and Expenses means the fees and expenses payable to the Successor Servicer as agreed to by the Seller, the Purchasers and the Administrative Agent.
Successor Servicing Fees and Expenses means the fees and expenses ------------------------------------- payable by the Seller to the Purchaser, as agreed to by the Seller, the Purchaser, the Operating Agent, the Liquidity Agent and the Letter of Credit Agent.

Examples of Successor Servicing Fees and Expenses in a sentence

  • On each Payment Date, the Servicing Fee shall be paid to the Servicer, and the Successor Servicing Fees and Expenses shall be paid to the Successor Servicer, out of Collections available for such purpose pursuant to Section 6.4.


More Definitions of Successor Servicing Fees and Expenses

Successor Servicing Fees and Expenses means the fees and expenses payable to the Successor Servicer as agreed to by MRFC, the Purchasers and the Administrative Agent.
Successor Servicing Fees and Expenses. The fees and expenses payable by the Borrower to the Successor Servicer, as agreed to by the Borrower, the Lender and the Deal Agent.
Successor Servicing Fees and Expenses means the fees and expenses

Related to Successor Servicing Fees and Expenses

  • Supplemental Servicing Fees means any and all (i) late fees, (ii) extension fees, (iii) non-sufficient funds charges and (iv) any and all other administrative fees or similar charges allowed by applicable law with respect to any Receivable.

  • Servicing Fee As to any Distribution Date and each Mortgage Loan, an amount equal to the product of (a) one-twelfth of the Servicing Fee Rate and (b) the outstanding principal balance of such Mortgage Loan as of the first day of the related Collection Period.

  • Monthly Servicing Fee shall have the meaning specified in subsection 3.01.

  • Successor Servicer has the meaning specified in Section 3.07(e) of the Indenture.

  • Additional Servicing Fee means, for any Collection Period, if a successor Servicer has been appointed pursuant to Section 8.2 of the Sale and Servicing Agreement, the amount, if any, by which (i) the compensation payable to such successor Servicer for such Collection Period exceeds (ii) the Monthly Servicing Fee for such Collection Period.

  • Backup Servicer Fee means the fee to be paid to the Backup Servicer as set forth in the Backup Servicing Agreement.