Common use of Primary Servicing Fee; Carryover Servicing Fee Clause in Contracts

Primary Servicing Fee; Carryover Servicing Fee. The Primary Servicing Fee for each calendar month and any Carryover Servicing Fee payable on any Distribution Date in arrears by the Issuer shall be equal to the amounts determined by reference to the definitions of such terms as they appear in Appendix A to the Indenture. Notwithstanding anything to the contrary contained herein or in any other Basic Document, the Servicer shall be entitled to receive any Carryover Servicing Fee on any Distribution Date only if and to the extent that sufficient funds are available pursuant to Section 2.8(e) of the Administration Agreement or Section 5.4(b) priority fifth of the Indenture.

Appears in 3 contracts

Samples: Servicing Agreement (SLC Student Loan Trust 2010-1), Servicing Agreement (SLC Student Loan Receivables I Inc), Servicing Agreement (SLC Student Loan Trust 2009-3)

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Primary Servicing Fee; Carryover Servicing Fee. The Primary Servicing Fee for each calendar month and any Carryover Servicing Fee Fees payable on any Distribution Date in arrears by the Issuer shall be equal to the amounts determined by reference to the definitions schedule of such terms fees attached hereto as they appear in Appendix A to the Indenture. Attachment A. Notwithstanding anything to the contrary contained herein or in any other Basic Document, the Servicer shall be entitled to receive any Carryover Servicing Fee on any Distribution Date only if and to the extent that sufficient funds are available pursuant to Section 2.8(e2.07(c)(xii) of the Administration Agreement or Section 5.4(b5.04(b)(x) priority fifth of the Indenture.

Appears in 2 contracts

Samples: Servicing Agreement, Servicing Agreement (SLM Private Credit Student Loan Trust 2006-A)

Primary Servicing Fee; Carryover Servicing Fee. The Primary Servicing Fee for each calendar month and any Carryover Servicing Fee Fees payable on any Distribution Date in arrears by the Issuer shall be equal to the amounts determined by reference to the definitions schedule of such terms fees attached hereto as they appear in Appendix A to the Indenture. Attachment A. Notwithstanding anything to the contrary contained herein or in any other Basic Document, the Servicer shall be entitled to receive any Carryover Servicing Fee on any Distribution Date only if and to the extent that sufficient funds are available pursuant to Section 2.8(e2.07(c)(xii) of the Administration Agreement or Section 5.4(b5.04(b)(xi) priority fifth of the Indenture.

Appears in 2 contracts

Samples: Servicing Agreement (SLM Private Credit Student Loan Trust 2006-B), Servicing Agreement (SLM Private Credit Student Loan Trust 2006-C)

Primary Servicing Fee; Carryover Servicing Fee. The Primary Servicing Fee for each calendar month and any Carryover Servicing Fee payable on any Distribution Date in arrears by the Issuer shall be equal to the amounts determined by reference to the definitions of such terms as they appear in Appendix A to the Indenture. Notwithstanding anything to the contrary contained herein or in any other Basic Document, the Servicer shall be entitled to receive any Carryover Servicing Fee on any Distribution Date only if and to the extent that sufficient funds are available pursuant to Section 2.8(e2.8(f) of the Administration Agreement or Section 5.4(b) priority fifth of the Indenture.

Appears in 1 contract

Samples: Servicing Agreement (SLC Student Loan Trust 2009-1)

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Primary Servicing Fee; Carryover Servicing Fee. The Primary Servicing Fee for each calendar month and any Carryover Servicing Fee Fees payable on any Distribution Date in arrears by the Issuer shall be equal to the amounts determined by reference to the definitions schedule of such terms fees attached hereto as they appear in Appendix A to the Indenture. Attachment A. Notwithstanding anything to the contrary contained herein or in any other Basic Document, the Servicer shall be entitled to receive any Carryover Servicing Fee on any Distribution Date only if and to the extent that sufficient funds are available pursuant to Section 2.8(e2.8(a)(xii) of the Administration Agreement or Section 5.4(b5.4(b)(x) priority fifth of the Indenture.

Appears in 1 contract

Samples: Servicing Agreement (SLC Private Student Loan Trust 2006-A)

Primary Servicing Fee; Carryover Servicing Fee. The Primary Servicing Fee for each calendar month and any Carryover Servicing Fee Fees payable on any Distribution Date in arrears by the Issuer shall be equal to the amounts determined by reference to the definitions schedule of such terms fees attached hereto as they appear in Appendix A to the Indenture. Attachment A. Notwithstanding anything to the contrary contained herein or in any other Basic Document, the Servicer shall be entitled to receive any Carryover Servicing Fee on any Distribution Date only if and to the extent that sufficient funds are available pursuant to Section 2.8(e2.07(c)(xiii) of the Administration Agreement or Section 5.4(b5.04(b)(xii) priority fifth of the Indenture.

Appears in 1 contract

Samples: Servicing Agreement (SLM Private Credit Student Loan Trust 2007-A)

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