Total Servicing Fee definition

Total Servicing Fee means the sum of the Basic Servicing Fee and the Supplemental Servicing Fee.
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Total Servicing Fee means, for any Collection Period, the sum of (i) the Monthly Servicing Fee for such Collection Period plus (ii) all accrued but unpaid Monthly Servicing Fees for previous Collection Periods.
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Total Servicing Fee. The sum of the Basic Servicing Fee and the Supplemental Servicing Fee.
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Examples of Total Servicing Fee in a sentence

  • In the event that a Successor Servicer has not been appointed at the time when the predecessor Servicer has ceased to act as Servicer in accordance with this Section, the Indenture Trustee without further action shall automatically be appointed the Successor Servicer and the Indenture Trustee shall be entitled to receive the Total Servicing Fee.

  • As compensation for the performance of its obligations hereunder, the Servicer shall be entitled to receive on each Payment Date, out of Available Collections, the Total Servicing Fee.

  • In connection therewith, the Indenture Trustee is authorized and empowered to offer such successor servicer compensation up to, but not in excess of, the Total Servicing Fee and other servicing compensation specified in this Agreement as payable to the initial Servicer.

  • As compensation for the performance of its obligations hereunder, the Servicer shall be entitled to receive on each Payment Date the Total Servicing Fee; provided, the Servicing Fee in respect of a Collection Period (together with any portion of the Servicing Fee that remains unpaid from prior Payment Dates) will be paid at the beginning of that Collection Period out of collections of interest on the Receivables for such Collection Period.

  • In the event that a Successor Servicer has not been appointed and accepted its appointment as set forth in Section 8.02 of the Sale and Servicing Agreement, the Indenture Trustee without further action shall automatically be appointed the Successor Servicer and shall thereafter be entitled to the Total Servicing Fee.


More Definitions of Total Servicing Fee

Total Servicing Fee. As defined in Section 2.09 of the Servicing Agreement.
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Total Servicing Fee has the meaning specified in the Sale and Servicing Agreement.
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Total Servicing Fee. The sum of the Basic Servicing Fee and any unpaid Basic Servicing Fees from all prior Distribution Dates.
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Total Servicing Fee means with respect to each Distribution Date the Servicing Fee for the related Due Period and all accrued and unpaid Servicing Fees for prior Due Periods.
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Total Servicing Fee. The sum of the Servicing Fee, the Administrative Fees and any earnings on the investment of amounts in the Servicing Account.
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Total Servicing Fee means the sum of the Basic Servicing Fee and any unpaid Basic Servicing Fees from all prior Settlement Dates.
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Total Servicing Fee. The sum of the Basic Servicing Fee and the Supplemental Servicing Fee. TRUST: Arcadia Automobile Receivables Trust, 1998-D.
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