Common use of Revolving Facility Pool Servicing Fee Clause in Contracts

Revolving Facility Pool Servicing Fee. The Servicer will be paid the Revolving Facility Pool Servicing Fee in consideration for administering and servicing the Revolving Facility Pool and paying certain fees and expenses relating to the Revolving Facility Pool. The Revolving Facility Pool Servicing Fee will be payable solely from, and the Servicer’s right to receive the Revolving Facility Pool Servicing Fee will be limited in recourse to, the Collections and other amounts available to pay the fee under the Credit and Security Agreement.

Appears in 4 contracts

Sources: Servicing Agreement (CAB East LLC), Servicing Agreement (CAB East LLC), Servicing Agreement (CAB East LLC)

Revolving Facility Pool Servicing Fee. The Servicer will be paid the Revolving Facility Pool Servicing Fee in consideration for administering and servicing the Revolving Facility Pool and paying certain fees and expenses relating to the Revolving Facility Pool. The Revolving Facility Pool Servicing Fee will be payable solely from, and the Servicer’s 's right to receive the Revolving Facility Pool Servicing Fee will be limited in recourse to, the Collections and other amounts available to pay the fee under the Credit and Security Agreement.

Appears in 2 contracts

Sources: Servicing Agreement (CAB East LLC), Servicing Agreement (CAB East LLC)