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.
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Successor Servicing Fees and Expenses means the fees and expenses payable to the Successor Servicer as agreed to by the Seller, the Purchaser and the Administrative Agent.
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Successor Servicing Fees and Expenses means the fees and expenses ------------------------------------- payable by the Borrower to Successor Servicer, as agreed to by the Borrower, the Lenders, the Deal Agent and the Liquidity Agent.
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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.
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Successor Servicing Fees and Expenses means the fees and expenses
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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.
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Related to Successor Servicing Fees and Expenses

  • Servicing Fees With respect to each Mortgage Loan and REO Loan, the Master Servicing Fee and the Special Servicing Fee.

  • Special Servicing Fees shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing Agreement.

  • Servicer Expenses Any expenses incurred by the Backup Servicer, if it has become the Successor Servicer hereunder, other than Repossession Expenses, Reliening Expenses or Transition Expenses.

  • Master Servicing Fee As to any Distribution Date, an amount equal to one-twelfth the product of (a) the Master Servicing Fee Rate and (b) the outstanding principal balance of each Mortgage Loan. Master Servicing Fee Rate: 0.00% per annum.

  • Subservicing Fee As to any Mortgage Loan, the fee payable monthly to the related Subservicer (or, in the case of a Nonsubserviced Mortgage Loan, to the Master Servicer) in respect of subservicing and other compensation that accrues at an annual rate equal to the excess of the Mortgage Rate borne by the related Mortgage Note over the rate per annum designated on the Mortgage Loan Schedule as the "CURR NET" for such Mortgage Loan.

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