Common use of Compensation for the Master Servicer and the Securities Administrator Clause in Contracts

Compensation for the Master Servicer and the Securities Administrator. As compensation for the activities of the Master Servicer and the Securities Administrator hereunder, the Master Servicer and the Securities Administrator shall be entitled to a portion of the income from investment of or earnings on the funds held from time to time in the Certificate Account, as provided in Section 3.05(g). Each of the Master Servicer and the Securities Administrator shall be required to pay all expenses incurred by it in connection with its activities hereunder and shall not be entitled to reimbursement therefor except as provided in this Agreement.

Appears in 9 contracts

Samples: Pooling and Servicing Agreement (Mortgage Loan Asset-Backed Certificates, Series 2005-3), Pooling and Servicing Agreement (First Franklin Mortgage Loan Trust Series 2005-Ff12), Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors, Inc. Ownit 2005-1)

AutoNDA by SimpleDocs

Compensation for the Master Servicer and the Securities Administrator. As compensation for the activities of the Master Servicer and the Securities Administrator hereunder, the Master Servicer and the Securities Administrator shall be entitled to a portion of the income from investment of or earnings on the funds held from time to time in the Certificate Collection Account, as provided in Section 3.05(g)Sections 3.5 and 3.8. Each of the Master Servicer and the Securities Administrator shall be required to pay all expenses incurred by it in connection with its activities hereunder and shall not be entitled to reimbursement therefor except as provided in this Agreement.

Appears in 4 contracts

Samples: Pooling and Servicing Agreement (Aegis Asset Backed Securities Corp), Pooling and Servicing Agreement (Aegis Asset Backed Securities Corp), Pooling and Servicing Agreement (Aegis Asset Backed Securities Trust Mortgage Pass-Through Certificates, Series 2005-5)

Compensation for the Master Servicer and the Securities Administrator. As compensation for the activities of the Master Servicer and the Securities Administrator hereunder, the Master Servicer and the Securities Administrator shall be entitled to a portion of the income from investment of or earnings on the funds held from time to time in the Certificate Account, and the Securities Administrator shall also be entitled to reimbursement for certain expenses as provided in Section 3.05(g)herein. Each of the Master Servicer and the Securities Administrator shall be required to pay all expenses incurred by it in connection with its activities hereunder and shall not be entitled to reimbursement therefor except as provided in this Agreement.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Inc), Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Inc)

Compensation for the Master Servicer and the Securities Administrator. As compensation for the activities of the Master Servicer and the Securities Administrator hereunder, the Master Servicer and the Securities Administrator shall be entitled to a portion of the income from investment of or earnings on the funds held from time to time in the Master Servicer Collection Account and Certificate AccountAccount respectively, as provided in Section 3.05(g). Each of the Master Servicer and the Securities Administrator shall be required to pay all expenses incurred by it in connection with its activities hereunder and shall not be entitled to reimbursement therefor except as provided in this Agreement.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Trust Series 2006-He5)

Compensation for the Master Servicer and the Securities Administrator. As compensation for the activities of the Master Servicer and the Securities Administrator hereunder, the Master Servicer and the Securities Administrator shall be entitled to a portion of the income from investment of or earnings on the funds held from time to time in the Certificate Collection Account, as provided in Section 3.05(g)3.5. Each of the Master Servicer and the Securities Administrator shall be required to pay all expenses incurred by it in connection with its activities hereunder and shall not be entitled to reimbursement therefor except as provided in this Agreement.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (AEGIS ASSET BACKED SECURITIES TRUST Mortgage Pass-Through Certificates, Series 2004-5)

AutoNDA by SimpleDocs

Compensation for the Master Servicer and the Securities Administrator. 144- As compensation for the activities of the Master Servicer and the Securities Administrator hereunder, the Master Servicer and the Securities Administrator shall be entitled to a portion of the income from investment of or earnings on the funds held from time to time in the Certificate Account, as provided in Section 3.05(g). Each of the Master Servicer and the Securities Administrator shall be required to pay all expenses incurred by it in connection with its activities hereunder and shall not be entitled to reimbursement therefor except as provided in this Agreement.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Ownit Mortgage Loan Trust, Series 2005-5)

Compensation for the Master Servicer and the Securities Administrator. As compensation for the activities of the Master Servicer and the Securities Administrator hereunder, the Master Servicer and the Securities Administrator shall be entitled to a portion of the income from investment of or earnings on the funds held from time to time in the Certificate Account, as provided in Section 3.05(g)and the Securities Administrator shall also be entitled to the Securities Administrator Fee. Each of the Master Servicer and the Securities Administrator shall be required to pay all expenses incurred by it in connection with its activities hereunder and shall not be entitled to reimbursement therefor except as provided in this Agreement.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors, Inc. Series 2004-FFC)

Time is Money Join Law Insider Premium to draft better contracts faster.