Common use of Servicing Compensation Clause in Contracts

Servicing Compensation. (a) As compensation for its activities hereunder, each Servicer shall, with respect to each Mortgage Loan serviced by it, be entitled to retain from deposits to its Collection Account and from Liquidation Proceeds, Condemnation Proceeds, Insurance Proceeds and REO Proceeds related to such Mortgage Loan, the Servicing Fee with respect to each Mortgage Loan (less any portion of such amounts retained by any Subservicer). In addition, each Servicer shall be entitled to recover unpaid Servicing Fees out of related late collections to the extent permitted in Section 3.11. The right to receive the Servicing Fee may not be transferred in whole or in part except in connection with the transfer of all of a Servicer's responsibilities and obligations under this Agreement; provided, however, that each Servicer may pay from the Servicing Fee any amounts due to a Subservicer pursuant to a Subservicing Agreement entered into under Section 3.02.

Servicing Compensation. (a) As compensation for its activities hereunder, each the Servicer shall, with respect to each Mortgage Loan serviced by itLoan, be entitled to retain from deposits to its the Collection Account and from Liquidation Proceeds, Condemnation Proceeds, Insurance Proceeds Proceeds, Subsequent Recoveries and REO Proceeds related to such Mortgage Loan, the Servicing Fee with respect to each Mortgage Loan (less any portion of such amounts retained by any Subservicer). In addition, each the Servicer shall be entitled to recover unpaid Servicing Fees out of related late collections to the extent Late Collections and as otherwise permitted in under Section 3.11. The right to receive the Servicing Fee may not be transferred in whole or in part except in connection with the transfer of all of a the Servicer's responsibilities and obligations under this Agreement; provided, however, that each the Servicer may pay from the Servicing Fee any amounts due to a Subservicer pursuant to a Subservicing Agreement entered into under Section 3.02.

Servicing Compensation. (a) As compensation for its activities hereunder, each the Servicer shall, with respect to each Mortgage Loan serviced by itLoan, be entitled to retain from deposits to its the Collection Account and from Liquidation Proceeds, Condemnation Proceeds, Insurance Proceeds and REO Proceeds related to such Mortgage Loan, the Servicing Fee with respect to each Mortgage Loan (less any portion of such amounts retained by any Subservicer). In addition, each the Servicer shall be entitled to recover unpaid Servicing Fees out of related late collections to the extent and as otherwise permitted in under Section 3.11. The right to receive the Servicing Fee may not be transferred in whole or in part except in connection with the transfer of all of a the Servicer's responsibilities and obligations under this Agreement; provided, however, that each the Servicer may pay from the Servicing Fee any amounts due to a Subservicer pursuant to a Subservicing Agreement entered into under Section 3.02.

Servicing Compensation. (a) As compensation for its activities hereunder, each the Servicer shall, with respect to each Mortgage Loan serviced by itLoan, be entitled to retain from deposits to its the Collection Account and from Liquidation Proceeds, Condemnation Proceeds, Insurance Proceeds and REO Proceeds related to such Mortgage Loan, the Servicing Fee with respect to each Mortgage Loan (less any portion of such amounts retained by any Subservicer). In addition, each the Servicer shall be entitled to recover unpaid Servicing Fees out of related late collections to the extent permitted in Section 3.11. The right to receive the Servicing Fee may not be transferred in whole or in part except in connection with the transfer of all of a the Servicer's responsibilities and obligations under this Agreement; provided, however, that each the Servicer may pay from the Servicing Fee any amounts due to a Subservicer pursuant to a Subservicing Agreement entered into under Section 3.02.

Servicing Compensation. (a) As compensation for its activities hereunder, each Servicer shall, with respect to each Mortgage Loan serviced by itLoan, be entitled to retain from deposits to its Collection Account and from Liquidation Proceeds, Condemnation Proceeds, Insurance Proceeds and REO Proceeds related to such Mortgage Loan, the Servicing Fee with respect to each Mortgage Loan (less any portion of such amounts retained by any Subservicer). In addition, each Servicer shall be entitled to recover unpaid Servicing Fees out of related late collections to the extent permitted in Section 3.11. The right to receive the Servicing Fee may not be transferred in whole or in part except in connection with the transfer of all of a Servicer's responsibilities and obligations under this Agreement; provided, however, that each Servicer may pay from the Servicing Fee any amounts due to a Subservicer pursuant to a Subservicing Agreement entered into under Section 3.02.

Servicing Compensation. (a) As compensation for its activities hereunder, each the Servicer shall, with respect to each Mortgage Loan serviced by itLoan, be entitled to retain from deposits to its the Collection Account and from Liquidation Proceeds, Condemnation Proceeds, Insurance Proceeds related Proceeds, Subsequent Recoveries and REO Proceeds related to such Mortgage Loan, the Servicing Fee with respect to each Mortgage Loan (less any portion of such amounts retained by any Subservicer). In addition, each the Servicer shall be entitled to recover unpaid Servicing Fees out of related late collections to the extent Late Collections and as otherwise permitted in under Section 3.11. The right to receive the Servicing Fee may not be transferred in whole or in part except in connection with the transfer of all of a the Servicer's ’s responsibilities and obligations under this Agreement; provided, however, that each the Servicer may pay from the Servicing Fee any amounts due to a Subservicer pursuant to a Subservicing Agreement entered into under Section 3.02.

Servicing Compensation. (a) As compensation for its activities hereunder, each the Servicer shall, with respect to each Mortgage Loan serviced by itLoan, be entitled to retain from deposits to its the Collection Account and from Liquidation Proceeds, Condemnation Insurance Proceeds, Insurance Proceeds and REO Condemnation Proceeds related to such Mortgage Loan, the Servicing Fee with respect to each Mortgage Loan (less any portion of such amounts retained by any Subservicer). In addition, each the Servicer shall be entitled to recover unpaid Servicing Fees out of related late collections to the extent Late Collections and as otherwise permitted in Section 3.11. The right to receive the Servicing Fee may not be transferred in whole or in part except as provided in Section 10.07 or in connection with the transfer of all of a the Servicer's responsibilities and obligations under this Agreement; provided, however, that each the Servicer may pay from the Servicing Fee any amounts due to a Subservicer pursuant to a Subservicing Agreement entered into under Section 3.02.

Servicing Compensation. (a) As compensation for its activities hereunder, each Servicer shall, with respect to each Mortgage Loan serviced by itLoan, be entitled to retain from deposits to its the Collection Account and from Liquidation Proceeds, Condemnation Insurance Proceeds, Insurance Proceeds and REO Condemnation Proceeds related to such Mortgage Loan, the Servicing Fee with respect to each Mortgage Loan (less any portion of such amounts retained by any Subservicer). In addition, each Servicer shall be entitled to recover unpaid Servicing Fees out of related late collections Late Collections to the extent permitted in Section 3.11. The right to receive the Servicing Fee may not be transferred in whole or in part except as provided in Section 6.06 or in connection with the transfer of all of a Servicer's responsibilities and obligations under this Agreement; provided, however, that each Servicer may pay from the Servicing Fee any amounts due to a Subservicer pursuant to a Subservicing Agreement entered into under Section 3.02.

Servicing Compensation. (a) As compensation for its activities hereunder, each the Servicer shall, with respect to each Mortgage Loan serviced by itLoan, be entitled to retain from deposits to its the Collection Account and from Liquidation Proceeds, Condemnation Insurance Proceeds, Insurance Proceeds and REO Condemnation Proceeds related to such Mortgage Loan, the Servicing Fee with respect to each Mortgage Loan (less any portion of such amounts retained by any Subservicer). In addition, each the Servicer shall be entitled to recover unpaid Servicing Fees out of related late collections to the extent and as otherwise permitted in Section 3.11. The Except as provided in Section 6.06, the right to receive the Servicing Fee may not be transferred in whole or in part except in connection with the transfer of all of a the Servicer's responsibilities and obligations under this Agreement; provided, however, that each the Servicer may pay from the Servicing Fee any amounts due to a Subservicer pursuant to a Subservicing Agreement entered into under Section 3.02.

Servicing Compensation. (a) As compensation for its activities hereunder, each the Servicer shall, with respect to each Mortgage Loan serviced by itLoan, be entitled to retain from deposits to its the Collection Account and from Liquidation Proceeds, Condemnation Insurance Proceeds, Insurance Proceeds and REO Condemnation Proceeds related to such Mortgage Loan, the Servicing Fee with respect to each Mortgage Loan (less any portion of such amounts retained by any Subservicer). In addition, each the Servicer shall be entitled to recover unpaid Servicing Fees out of related late collections to the extent and as otherwise permitted in Section 3.11. The Except as provided in Section 6.06, the right to receive the Servicing Fee may not be transferred in whole or in part except in connection with the transfer of all of a the Servicer's ’s responsibilities and obligations under this Agreement; provided, however, that each the Servicer may pay from the Servicing Fee any amounts due to a Subservicer pursuant to a Subservicing Agreement entered into under Section 3.02.

Servicing Compensation. (a) As compensation for its activities hereunder, each the Servicer shall, with respect to each Mortgage Loan serviced by itLoan, be entitled to retain from deposits to its the Collection Account and from Liquidation Proceeds, Condemnation Proceeds, Insurance Proceeds and REO Proceeds related to such Mortgage Loan, the Servicing Fee with respect to each Mortgage Loan (less any portion of such amounts retained by any Subservicer). In addition, each the Servicer shall be entitled to recover unpaid Servicing Fees out of related late collections to the extent permitted in under Section 3.11. The right to receive the Servicing Fee may not be transferred in whole or in part except in connection with the transfer of all of a the Servicer's responsibilities and obligations under this Agreement; provided, however, that each the Servicer may pay from the Servicing Fee any amounts due to a Subservicer pursuant to a Subservicing Agreement entered into under Section 3.02.

Servicing Compensation. (a) As compensation for its activities hereunder, each Servicer shall, with respect to each Mortgage Loan serviced by itLoan, be entitled to retain from deposits to its Collection Account and from Liquidation Proceeds, Condemnation Insurance Proceeds, Insurance Proceeds and REO Condemnation Proceeds related to such Mortgage Loan, the Servicing Fee with respect to each Mortgage Loan (less any portion of such amounts retained by any Subservicer). In addition, each Servicer shall be entitled to recover unpaid Servicing Fees out of related late collections to the extent Late Collections and as otherwise permitted in Section 3.11. The right to receive the Servicing Fee may not be transferred in whole or in part except as provided in Section 10.07 or in connection with the transfer of all of a the applicable Servicer's responsibilities and obligations under this Agreement; provided, however, that each Servicer may pay from the Servicing Fee any amounts due to a Subservicer pursuant to a Subservicing Agreement entered into under Section 3.02.

Servicing Compensation. (a) As compensation for its activities hereunder, each the Servicer shall, with respect to each Mortgage Loan serviced by itLoan, be entitled to retain from deposits to its the Collection Account and from Liquidation Proceeds, Condemnation Proceeds, Insurance Proceeds and REO Condemnation Proceeds related to such Mortgage Loan, the Servicing Fee with respect to each Mortgage Loan (less any portion of such amounts retained by any Subservicer). In addition, each the Servicer shall be entitled to recover unpaid Servicing Fees out of related late collections to the extent permitted in Section 3.11. The right to receive the Servicing Fee may not be transferred in whole or in part except as provided in Section 6.06 or in connection with the transfer of all of a the Servicer's responsibilities and obligations under this Agreement; provided, however, that each the Servicer may pay from the Servicing Fee any amounts due to a Subservicer pursuant to a Subservicing Agreement entered into under Section 3.02.

Servicing Compensation. (a) As compensation for its activities hereunder, each Servicer shall, with respect to each Mortgage Loan serviced by itLoan, be entitled to retain from deposits to its Collection Account and from Liquidation Proceeds, Condemnation Proceeds, Insurance Proceeds and REO Proceeds related to such Mortgage Loan, the Servicing Fee with respect to each Mortgage Loan (less any portion of such amounts retained by any Subservicer). In addition, each Servicer shall be entitled to recover unpaid Servicing Fees out of related late collections to the extent permitted in Section 3.11. The right to receive the Servicing Fee may not be transferred in whole or in part except in connection with the transfer of all of either a Servicer's responsibilities and obligations under this Agreement; provided, however, that each Servicer may pay from the Servicing Fee any amounts due to a Subservicer pursuant to a Subservicing Agreement entered into under Section 3.02.

Servicing Compensation. (a) As compensation for its activities hereunder, each the Servicer shall, with respect to each Mortgage Loan serviced by itLoan, be entitled to retain from deposits to its the Collection Account and from applicable Liquidation Proceeds, Condemnation Proceeds, Insurance Proceeds related Proceeds, Subsequent Recoveries and REO Proceeds related to such Mortgage Loan, the Servicing Fee with respect to each Mortgage Loan (less any portion of such amounts retained by any Subservicer). In addition, each the Servicer shall be entitled to recover unpaid Servicing Fees out of related late collections to the extent Late Collections and as otherwise permitted in under Section 3.11. The right to receive the Servicing Fee may not be transferred in whole or in part except in connection with the transfer of all of a the Servicer's ’s responsibilities and obligations under this Agreement; provided, however, that each the Servicer may pay from the Servicing Fee any amounts due to a Subservicer pursuant to a Subservicing Agreement entered into under Section 3.02.

Servicing Compensation. (a) As compensation for its activities hereunder, each the Servicer shall, with respect to each Mortgage Loan serviced by itLoan, be entitled to retain from deposits to its the Collection Account and from Liquidation Proceeds, Condemnation Insurance Proceeds, Insurance Proceeds and REO Condemnation Proceeds related to such Mortgage Loan, the Servicing Fee with respect to each Mortgage Loan (less any portion of such amounts retained by any Subservicer). In addition, each the Servicer shall be entitled to recover unpaid Servicing Fees out of related late collections Late Collections to the extent permitted in Section 3.11. The right to receive the Servicing Fee may not be transferred in whole or in part except as provided in Section 6.06 or in connection with the transfer of all of a the Servicer's responsibilities and obligations under this Agreement; provided, however, that each the Servicer may pay from the Servicing Fee any amounts due to a Subservicer pursuant to a Subservicing Agreement entered into under Section 3.02.

Servicing Compensation. (a) As compensation for its activities hereunder, each the Servicer shall, with respect to each Mortgage Loan serviced by it, be entitled to retain from deposits to its the Collection Account and from Liquidation Proceeds, Condemnation Proceeds, Insurance Proceeds and REO Proceeds related to such Mortgage Loan, the Servicing Fee with respect to each Mortgage Loan (less any portion of such amounts retained by any Subservicer). In addition, each the Servicer shall be entitled to recover unpaid Servicing Fees out of related late collections to the extent permitted in Section 3.11. The right to receive the Servicing Fee may not be transferred in whole or in part except in connection with the transfer of all of a the Servicer's responsibilities and obligations under this Agreement; provided, however, that each the Servicer may pay from the Servicing Fee any amounts due to a Subservicer pursuant to a Subservicing Agreement entered into under Section 3.02.

Servicing Compensation. (a) As compensation for its activities hereunder, each the Servicer shall, with respect to each Mortgage Loan serviced by itLoan, be entitled to retain from deposits to its the Collection Account and from Liquidation Proceeds, Condemnation Proceeds, Insurance Proceeds and REO Condemnation Proceeds related to such Mortgage Loan, the Servicing Fee with respect to each Mortgage Loan (less any portion of such amounts retained by any Subservicer). In addition, each the Servicer shall be entitled to recover unpaid Servicing Fees out of related late collections to the extent Late Collections and as otherwise permitted in Section 3.11. The right to receive the Servicing Fee may not be transferred in whole or in part except as provided in Section 10.07 or in connection with the transfer of all of a the Servicer's ’s responsibilities and obligations under this Agreement; provided, however, that each the Servicer may pay from the Servicing Fee any amounts due to a Subservicer pursuant to a Subservicing Agreement entered into under Section 3.02.

Servicing Compensation. (a) As compensation for its activities hereunder, each the Servicer shall, with respect to each Mortgage Loan serviced by itLoan, be entitled to retain from deposits to its the Collection Account and from Liquidation Proceeds, Condemnation Proceeds, Insurance Proceeds Proceeds, Subsequent Recoveries and REO Proceeds related to such Mortgage Loan, the Servicing Fee with respect to each Mortgage Loan (less any portion of such amounts retained by any Subservicer). In addition, each the Servicer shall be entitled to recover unpaid Servicing Fees out of related late collections to the extent Late Collections and as otherwise permitted in under Section 3.11. The right to receive the Servicing Fee may not be transferred in whole or in part except in connection with the transfer of all of a the Servicer's ’s responsibilities and obligations under this Agreement; provided, however, that each the Servicer may pay from the Servicing Fee any amounts due to a Subservicer pursuant to a Subservicing Agreement entered into under Section 3.02.

Servicing Compensation. (a) As compensation for its activities hereunder, each Servicer shall, with respect to each Mortgage Loan serviced by itLoan, be entitled to retain from deposits to its Collection Account and from Liquidation Proceeds, Condemnation Insurance Proceeds, Insurance Proceeds and REO Condemnation Proceeds related to such Mortgage Loan, the Servicing Fee with respect to each Mortgage Loan (less any portion of such amounts retained by any Subservicer). In addition, each Servicer shall be entitled to recover unpaid Servicing Fees out of related late collections to the extent and as otherwise permitted in Section 3.11. The Except as provided in Section 6.06, the right to receive the Servicing Fee may not be transferred in whole or in part except in connection with the transfer of all of a the applicable Servicer's responsibilities and obligations under this Agreement; provided, however, that each Servicer may pay from the Servicing Fee any amounts due to a Subservicer pursuant to a Subservicing Agreement entered into under Section 3.02.

Servicing Compensation. (a) As compensation for its activities hereunder, each Servicer shall, with respect to each Mortgage Loan serviced by it, be entitled to retain from deposits to its Collection Account and from Liquidation Proceeds, Condemnation Proceeds, Insurance Proceeds and REO Proceeds related to such Mortgage Loan, the Servicing Fee with respect to each Mortgage Loan (less any portion of such amounts retained by any Subservicer). In addition, each Servicer shall be entitled to recover unpaid Servicing Fees out of related late collections to the extent permitted in Section 3.11. The right to receive the Servicing Fee may not be transferred in whole or in part except in connection with the transfer of all of a Servicer's ’s responsibilities and obligations under this Agreement; provided, however, that each Servicer may pay from the Servicing Fee any amounts due to a Subservicer pursuant to a Subservicing Agreement entered into under Section 3.02.

Servicing Compensation. (a) As compensation for its activities hereunder, each the Servicer shall, with respect to each Mortgage Loan serviced by itLoan, be entitled to retain from deposits to its the Collection Account and from Liquidation Proceeds, Condemnation Proceeds, Insurance Proceeds and REO Proceeds related to such Mortgage Loan, the Servicing Fee with respect to each Mortgage Loan (less any portion of such amounts retained by any Subservicer). ) In addition, each the Servicer shall be entitled to recover unpaid Servicing Fees out of related late collections to the extent permitted in Section 3.11. The right to receive the Servicing Fee may not be transferred in whole or in part except in connection with the transfer of all of a the Servicer's responsibilities and obligations under this Agreement; provided, however, that each the Servicer may pay from the Servicing Fee any amounts due to a Subservicer pursuant to a Subservicing Agreement entered into under Section 3.02.

Servicing Compensation. (a) As compensation for its activities hereunder, each the Servicer shall, with respect to each Mortgage Loan serviced by itLoan, be entitled to retain from deposits to its the Collection Account and from Liquidation Proceeds, Condemnation Proceeds, Insurance Proceeds and REO Condemnation Proceeds related to such Mortgage Loan, the Servicing Fee with respect to each Mortgage Loan (less any portion of such amounts retained by any Subservicer). In addition, each the Servicer shall be entitled to recover unpaid Servicing Fees out of related late collections to the extent permitted in Section 3.11. The right to receive the Servicing Fee may not be transferred in whole or in part except as provided in Section 10.07 or in connection with the transfer of all of a the Servicer's responsibilities and obligations under this Agreement; provided, however, that each the Servicer may pay from the Servicing Fee any amounts due to a Subservicer pursuant to a Subservicing Agreement entered into under Section 3.02.

Servicing Compensation. (a) As compensation for its activities hereunder, each the Servicer shall, with respect to each Mortgage Loan serviced by itLoan, be entitled to retain from deposits to its the Collection Account and from Liquidation Proceeds, Condemnation Proceeds, Insurance Proceeds and REO Condemnation Proceeds related to such Mortgage Loan, the Servicing Fee with respect to each Mortgage Loan (less any portion of such amounts retained by any Subservicer). In addition, each the Servicer shall be entitled to recover unpaid Servicing Fees out of related late collections Late Collections to the extent permitted in Section 3.11. The right to receive the Servicing Fee may not be transferred in whole or in part except as provided in Section 10.07 or in connection with the transfer of all of a the Servicer's responsibilities and obligations under this Agreement; provided, however, that each the Servicer may pay from the Servicing Fee any amounts due to a Subservicer pursuant to a Subservicing Agreement entered into under Section 3.02.

Servicing Compensation. (a) As compensation for its activities hereunder, each the Servicer shall, with respect to each Mortgage Loan serviced by it, be entitled to retain from deposits to its Collection Account and from Liquidation Proceeds, Condemnation Proceeds, Insurance Proceeds and REO Proceeds related to such Mortgage Loan, the Servicing Fee with respect to each Mortgage Loan (less any portion of such amounts retained by any Subservicer). In addition, each the Servicer shall be entitled to recover unpaid Servicing Fees out of related late collections to the extent permitted in Section 3.11. The right to receive the Servicing Fee may not be transferred in whole or in part except in connection with the transfer of all of a the Servicer's ’s responsibilities and obligations under this Agreement; provided, however, that each the Servicer may pay from the Servicing Fee any amounts due to a Subservicer pursuant to a Subservicing Agreement entered into under Section 3.02.

Servicing Compensation. (a) As compensation for its activities hereunder, each the Servicer shall, with respect to each Mortgage Loan serviced by itLoan, be entitled to retain from deposits to its Collection Account and from Liquidation Proceeds, Condemnation Proceeds, Insurance Proceeds and REO Proceeds related to such Mortgage Loan, the Servicing Fee with respect to each Mortgage Loan that it services (less any portion of such amounts retained by any Subservicer). In addition, each the Servicer shall be entitled to recover unpaid Servicing Fees Fee out of related late collections to the extent and as otherwise permitted in under Section 3.11. The right to receive the Servicing Fee may not be transferred in whole or in part except in connection with the transfer of all of a the Servicer's responsibilities and obligations under this Agreement; provided, however, that each the Servicer may pay from the Servicing Fee any amounts due to a Subservicer pursuant to a Subservicing Agreement entered into under Section 3.02.

Servicing Compensation. (a) As compensation for its activities hereunder, each the Servicer shall, with respect to each Mortgage Loan serviced by itLoan, be entitled to retain from deposits to its the Collection Account and from Liquidation Proceeds, Condemnation Insurance Proceeds, Insurance Proceeds and REO Condemnation Proceeds related to such Mortgage Loan, the Servicing Fee with respect to each Mortgage Loan (less any portion of such amounts retained by any Subservicer). In addition, each the Servicer shall be entitled to recover unpaid Servicing Fees out of related late collections to the extent Late Collections and as otherwise permitted in Section 3.11. The right to receive the Servicing Fee may not be transferred in whole or in part except as provided in Section 12.07 or in connection with the transfer of all of a the Servicer's responsibilities and obligations under this Agreement; provided, however, that each the Servicer may pay from the Servicing Fee any amounts due to a Subservicer pursuant to a Subservicing Agreement entered into under Section 3.02.

Servicing Compensation. (a) As compensation for its activities hereunder, each the Servicer shall, with respect to each Mortgage Loan serviced by itLoan, be entitled to retain from deposits to its the Collection Account and from Liquidation Proceeds, Condemnation Proceeds, Insurance Proceeds and REO Proceeds related to such Mortgage Loan, the Servicing Fee with respect to each Mortgage Loan (less any portion of such amounts retained by any Subservicer). In addition, each the Servicer shall be entitled to recover unpaid Servicing Fees out of related late collections to the extent Late Collections and as otherwise permitted in under Section 3.11. The right to receive the Servicing Fee may not be transferred in whole or in part except in connection with the transfer of all of a the Servicer's responsibilities and obligations under this Agreement; provided, however, that each the Servicer may pay from the Servicing Fee any amounts due to a Subservicer pursuant to a Subservicing Agreement entered into under Section 3.02.

Servicing Compensation. (a) As compensation for its activities hereunder, each Servicer shall, with respect to each Mortgage Loan serviced by itLoan, be entitled to retain from deposits to its Collection Account and 108 from Liquidation Proceeds, Condemnation Proceeds, Insurance Proceeds and REO Proceeds related to such Mortgage Loan, the Servicing Fee with respect to each Mortgage Loan that it services (less any portion of such amounts retained by any Subservicer). In addition, each Servicer shall be entitled to recover unpaid Servicing Fees out of related late collections to the extent and as otherwise permitted in under Section 3.11. The right to receive the Servicing Fee may not be transferred in whole or in part except in connection with the transfer of all of a the applicable Servicer's responsibilities and obligations under this Agreement; provided, however, that each a Servicer may pay from the Servicing Fee any amounts due to a Subservicer pursuant to a Subservicing Agreement entered into under Section 3.02.

Servicing Compensation. (a) As compensation for its activities hereunder, each the Servicer shall, with respect to each Mortgage Loan serviced by itLoan, be entitled to retain from deposits to its the Collection Account and from Liquidation Proceeds, Condemnation Proceeds, Insurance Proceeds and REO Proceeds related to such Mortgage Loan, the Servicing Fee with respect to each Mortgage Loan (less any portion of such amounts retained by any Subservicer). In addition, each the Servicer shall be entitled to recover unpaid Servicing Fees out of related late collections to the extent and as otherwise permitted in Section 3.11. The Except as provided in Section 6.06, the right to receive the Servicing Fee may not be transferred in whole or in part except in connection with the transfer of all of a the Servicer's responsibilities and obligations under this Agreement; provided, however, that each the Servicer may pay from the Servicing Fee any amounts due to a Subservicer pursuant to a Subservicing Agreement entered into under Section 3.02.

Servicing Compensation. (a) As compensation for its activities hereunder, each the Servicer shall, with respect to each Mortgage Loan serviced by it, be entitled to retain from deposits to its Collection Account and from Liquidation Proceeds, Condemnation Proceeds, Insurance Proceeds and REO Proceeds related to such Mortgage Loan, the Servicing Fee with respect to each Mortgage Loan (less any portion of such amounts retained by any Subservicer). In addition, each the Servicer shall be entitled to recover unpaid Servicing Fees out of related late collections to the extent permitted in Section 3.11. The right to receive the Servicing Fee may not be transferred in whole or in part except in connection with the transfer of all of a the Servicer's responsibilities and obligations under this Agreement; provided, however, that each the Servicer may pay from the Servicing Fee any amounts due to a Subservicer pursuant to a Subservicing Agreement entered into under Section 3.02.

Servicing Compensation. (a) As compensation for its activities hereunder, each the Servicer shall, with respect to each Mortgage Loan serviced by itLoan, be entitled to retain from deposits to its the Collection Account and from Liquidation Proceeds, Condemnation Insurance Proceeds, Insurance Proceeds and REO Condemnation Proceeds related to such Mortgage Loan, the Servicing Fee with respect to each Mortgage Loan (less any portion of such amounts retained by any Subservicer). In addition, each the Servicer shall be entitled to recover unpaid Servicing Fees out of related late collections to the extent Late Collections and as otherwise permitted in Section 3.11. The Except as provided in Section 6.06, the right to receive the Servicing Fee may not be transferred in whole or in part except in connection with the transfer of all of a the Servicer's ’s responsibilities and obligations under this Agreement; provided, however, that each the Servicer may pay from the Servicing Fee any amounts due to a Subservicer pursuant to a Subservicing Agreement entered into under Section 3.02.

Servicing Compensation. (a) As compensation for its activities hereunder, each the Servicer shall, with respect to each Mortgage Loan serviced by itLoan, be entitled to retain from deposits to its the Collection Account and from Liquidation Proceeds, Condemnation Proceeds, Insurance Proceeds and REO Condemnation Proceeds related to such Mortgage Loan, the Servicing Fee with respect to each Mortgage Loan (less any portion of such amounts retained by any Subservicer). In addition, each the Servicer shall be entitled to recover unpaid Servicing Fees out of related late collections or otherwise to the extent permitted in Section 3.11. The right to receive the Servicing Fee may not be transferred in whole or in part except as provided in Section 6.06 or in connection with the transfer of all of a the Servicer's responsibilities and obligations under this Agreement; provided, however, that each the Servicer may pay from the Servicing Fee any amounts due to a Subservicer pursuant to a Subservicing Agreement entered into under Section 3.02.

Servicing Compensation. (a) As compensation for its activities hereunder, each the Servicer shall, with respect to each Mortgage Loan serviced by itLoan, be entitled to retain from deposits to its the Collection Account and from Liquidation Proceeds, Condemnation Proceeds, Insurance Proceeds and REO Condemnation Proceeds related to such Mortgage Loan, the Servicing Fee with respect to each Mortgage Loan (less any portion of such amounts retained by any Subservicer). In addition, each the Servicer shall be entitled to recover unpaid Servicing Fees out of related late collections to the extent Late Collections and as otherwise permitted in Section 3.11. The right to receive the Servicing Fee may not be transferred in whole or in part except as provided in Section 10.07 or in connection with the transfer of all of a the Servicer's responsibilities and obligations under this Agreement; provided, however, that each the Servicer may pay from the Servicing Fee any amounts due to a Subservicer pursuant to a Subservicing Agreement entered into under Section 3.02.

Servicing Compensation. (a) As compensation for its activities hereunder, each the Servicer shall, with respect to each Mortgage Loan serviced by itLoan, be entitled to retain from deposits to its the Collection Account and from Liquidation Proceeds, Condemnation Insurance Proceeds, Insurance Proceeds and REO Condemnation Proceeds related to such Mortgage Loan, the Servicing Fee with respect to each Mortgage Loan (less any portion of such amounts retained by any Subservicer). In addition, each the Servicer shall be entitled to recover unpaid Servicing Fees out of related late collections to the extent and as otherwise permitted in Section 3.11. The Except as provided in Section 6.06, the right to receive the Servicing Fee may not be transferred in whole or in part except in connection with the transfer of all of a the Servicer's responsibilities and obligations under this Agreement; provided, however, that each the Servicer may pay from the Servicing Fee any amounts due to a Subservicer pursuant to a Subservicing Agreement entered into under Section 3.02.. 124

Servicing Compensation. (a) As compensation for its activities hereunder, each the Servicer shall, with respect to each Mortgage Loan serviced by itLoan, be entitled to retain from deposits to its the Collection Account and from Liquidation Proceeds, Condemnation Insurance Proceeds, Insurance Proceeds and REO Condemnation Proceeds related to such Mortgage Loan, the related Servicing Fee with respect to each related Mortgage Loan (less any portion of such amounts retained by any Subservicer). In addition, each the Servicer shall be entitled to recover unpaid related Servicing Fees out of related late collections to the extent Late Collections and as otherwise permitted in Section 3.11. The right to receive the related Servicing Fee may not be transferred in whole or in part except as provided in Section 6.04 or in connection with the transfer of all of a the Servicer's ’s responsibilities and obligations under this Agreement; provided, however, that each the Servicer may pay from the related Servicing Fee any amounts due to a Subservicer pursuant to a Subservicing Agreement entered into under Section 3.02.

Servicing Compensation. (a) As compensation for its activities hereunder, each the Servicer shall, with respect to each Mortgage Loan serviced by it, be entitled to retain from deposits to its Collection Account and from Liquidation Proceeds, Condemnation Proceeds, Insurance Proceeds and REO Proceeds related to such Mortgage Loan, the Servicing Fee with respect to each Mortgage Loan (less any portion of such amounts retained by any Subservicer). In addition, each Servicer shall be entitled to recover unpaid Servicing Fees out of related late collections to the extent permitted in Section 3.11. The right to receive the Servicing Fee may not be transferred in whole or in part except in connection with the transfer of all of a Servicer's responsibilities and obligations under this Agreement; provided, however, that each Servicer may pay from the Servicing Fee any amounts due to a Subservicer pursuant to a Subservicing Agreement entered into under Section 3.02.

Servicing Compensation. (a) As compensation for its activities hereunder, each the Servicer shall, with respect to each Mortgage Loan serviced by itLoan, be entitled to retain from deposits to its Collection Account and from Liquidation Proceeds, Condemnation Proceeds, Insurance Proceeds and REO Proceeds related to such Mortgage Loan, the Servicing Fee with respect to each Mortgage Loan (less any portion of such amounts retained by any Subservicer). In addition, each the Servicer shall be entitled to recover unpaid Servicing Fees out of related late collections to the extent permitted in Section 3.11. The right to receive the Servicing Fee may not be transferred in whole or in part except in connection with the transfer of all of a the Servicer's responsibilities and obligations under this Agreement; provided, however, that each the Servicer may pay from the Servicing Fee any amounts due to a Subservicer pursuant to a Subservicing Agreement entered into under Section 3.02.

Servicing Compensation. (a) As compensation for its activities hereunder, each Servicer shall, with respect to each Mortgage Loan serviced by itLoan, be entitled to retain from deposits to its Collection Account and from Liquidation Proceeds, Condemnation Proceeds, Insurance Proceeds and REO Proceeds related to such Mortgage Loan, the Servicing Fee with respect to each Mortgage Loan that it services (less any portion of such amounts retained by any Subservicer). In addition, each Servicer shall be entitled to recover unpaid Servicing Fees out of related late collections to the extent and as otherwise permitted in under Section 3.11. The right to receive the Servicing Fee may not be transferred in whole or in part except in connection with the transfer of all of a the applicable Servicer's responsibilities and obligations under this Agreement; provided, however, that each a Servicer may pay from the Servicing Fee any amounts due to a Subservicer pursuant to a Subservicing Agreement entered into under Section 3.02.

Servicing Compensation. (a) As compensation for its activities hereunder, each the Servicer shall, with respect to each Mortgage Loan serviced by itLoan, be entitled to retain from deposits to its the Collection Account and from Liquidation Proceeds, Condemnation Proceeds, Insurance Proceeds and REO Proceeds related to such Mortgage Loan, the Servicing Fee with respect to each Mortgage Loan (less any portion of such amounts retained by any Subservicer). In addition, each the Servicer shall be entitled to recover unpaid Servicing Fees out of related late collections to the extent and as otherwise permitted in under Section 3.11. The right to receive the Servicing Fee may not be transferred in whole or in part except in connection with the transfer of all of a the Servicer's ’s responsibilities and obligations under this Agreement; provided, however, that each the Servicer may pay from the Servicing Fee any amounts due to a Subservicer pursuant to a Subservicing Agreement entered into under Section 3.02.

Servicing Compensation. (a) As compensation for its activities hereunder, each Servicer shall, with respect to each Mortgage Loan serviced by itLoan, be entitled to retain from deposits to its the Collection Account and from Liquidation Proceeds, Condemnation Insurance Proceeds, Insurance Proceeds and REO Condemnation Proceeds related to such Mortgage Loan, the Servicing Fee with respect to each Mortgage Loan (less any portion of such amounts retained by any Subservicer). In addition, each Servicer shall be entitled to recover unpaid Servicing Fees out of related late collections Late Collections to the extent permitted in Section 3.11. The right to receive the Servicing Fee may not be transferred in whole or in part except as provided in Section 6.06 or in connection with the transfer of all of a Servicer's ’s responsibilities and obligations under this Agreement; provided, however, that each Servicer may pay from the Servicing Fee any amounts due to a Subservicer pursuant to a Subservicing Agreement entered into under Section 3.02.

Servicing Compensation. (a) As compensation for its activities hereunder, each Servicer shall, with respect to each Mortgage Loan serviced by itLoan, be entitled to retain from deposits to its the related Collection Account and from Liquidation Proceeds, Condemnation Insurance Proceeds, Insurance Proceeds and REO Condemnation Proceeds related to such Mortgage Loan, the related Servicing Fee with respect to each related Mortgage Loan (less any portion of such amounts retained by any Subservicer). In addition, each Servicer shall be entitled to recover unpaid related Servicing Fees out of related late collections to the extent Late Collections and as otherwise permitted in Section 3.11. The right to receive the related Servicing Fee may not be transferred in whole or in part except as provided in Section 6.04 or in connection with the transfer of all of a the related Servicer's ’s responsibilities and obligations under this Agreement; provided, however, that each the related Servicer may pay from the related Servicing Fee any amounts due to a Subservicer pursuant to a Subservicing Agreement entered into under Section 3.02.

Servicing Compensation. (a) As compensation for its activities hereunder, each Servicer shall, with respect to each Mortgage Loan serviced by itLoan, be entitled to retain from deposits to its Collection Account and from Liquidation Proceeds, Condemnation Proceeds, Insurance Proceeds and REO Proceeds related to such Mortgage Loan, the Servicing Fee with respect to each Mortgage Loan that it services (less any portion of such amounts retained by any Subservicer). In addition, each Servicer shall be entitled to recover unpaid Servicing Fees out of related late collections to the extent and as otherwise permitted in under Section 3.11. The right to receive the Servicing Fee may not be 108 transferred in whole or in part except in connection with the transfer of all of a the applicable Servicer's responsibilities and obligations under this Agreement; provided, however, that each a Servicer may pay from the Servicing Fee any amounts due to a Subservicer pursuant to a Subservicing Agreement entered into under Section 3.02.

Servicing Compensation. (a) As compensation for its activities hereunder, each Servicer shall, with respect to each Mortgage Loan serviced by itLoan, be entitled to retain from deposits to its Collection Account and 109 from Liquidation Proceeds, Condemnation Proceeds, Insurance Proceeds and REO Proceeds related to such Mortgage Loan, the Servicing Fee with respect to each Mortgage Loan that it services (less any portion of such amounts retained by any Subservicer). In addition, each Servicer shall be entitled to recover unpaid Servicing Fees out of related late collections to the extent and as otherwise permitted in under Section 3.11. The right to receive the Servicing Fee may not be transferred in whole or in part except in connection with the transfer of all of a the applicable Servicer's responsibilities and obligations under this Agreement; provided, however, that each a Servicer may pay from the Servicing Fee any amounts due to a Subservicer pursuant to a Subservicing Agreement entered into under Section 3.02.

Servicing Compensation. (a) As compensation for its activities hereunder, each Servicer shall, with respect to each Mortgage Loan serviced by itLoan, be entitled to retain from deposits to its the Collection Account and from Liquidation Proceeds, Condemnation Proceeds, Insurance Proceeds and REO Condemnation Proceeds related to such Mortgage Loan, the Servicing Fee with respect to each Mortgage Loan (less any portion of such amounts retained by any Subservicer). In addition, each Servicer shall be entitled to recover unpaid Servicing Fees out of related late collections to the extent Late Collections and as otherwise permitted in Section 3.11. The right to receive the Servicing Fee may not be transferred in whole or in part except as provided in Section 12.07 or in connection with the transfer of all of a Servicer's ’s responsibilities and obligations under this Agreement; provided, however, that each Servicer may pay from the Servicing Fee any amounts due to a Subservicer pursuant to a Subservicing Agreement entered into under Section 3.02.

Servicing Compensation. (a) As compensation for its activities hereunder, each the Servicer shall, with respect to each Mortgage Loan serviced by itLoan, be entitled to retain from deposits to its the Collection Account and from Liquidation Proceeds, Condemnation Insurance Proceeds, Insurance Proceeds and REO Condemnation Proceeds related to such Mortgage Loan, the Servicing Fee with respect to each Mortgage Loan (less any portion of such amounts retained by any Subservicer). In addition, each the Servicer shall be entitled to recover unpaid Servicing Fees out of related late collections to the extent Late Collections and as otherwise permitted in Section 3.11. The Except as provided in Section 6.06, the right to receive the Servicing Fee may not be transferred in whole or in part except in connection with the transfer of all of a the Servicer's responsibilities and obligations under this Agreement; provided, however, that each the Servicer may pay from the Servicing Fee any amounts due to a Subservicer pursuant to a Subservicing Agreement entered into under Section 3.02.

Servicing Compensation. (a) As compensation for its activities hereunder, each Servicer shall, with respect to each Mortgage Loan serviced by itLoan, be entitled to retain from deposits to its the related Collection Account and from Liquidation Proceeds, Condemnation Insurance Proceeds, Insurance Proceeds and REO Condemnation Proceeds related to such Mortgage Loan, the related Servicing Fee with respect to each related Mortgage Loan (less any portion of such amounts retained by any Subservicer). In addition, each Servicer shall be entitled to recover unpaid related Servicing Fees out of related late collections to the extent Late Collections and as otherwise permitted in Section 3.11. The right to receive the related Servicing Fee may not be transferred in whole or in part except as provided in Section 10.07 or in connection with the transfer of all of a the related Servicer's ’s responsibilities and obligations under this Agreement; provided, however, that each the related Servicer may pay from the related Servicing Fee any amounts due to a Subservicer pursuant to a Subservicing Agreement entered into under Section 3.02.

Servicing Compensation. (a) As compensation for its activities hereunder, each the Servicer shall, with respect to each Mortgage Loan serviced by itLoan, be entitled to retain from deposits to its the Collection Account and from Liquidation Proceeds, Condemnation Proceeds, Insurance Proceeds and REO Condemnation Proceeds related to such Mortgage Loan, the Servicing Fee with respect to each Mortgage Loan (less any portion of such amounts retained by any Subservicer). In addition, each the Servicer shall be entitled to recover unpaid Servicing Fees out of related late collections to the extent and as otherwise permitted in Section 3.11. The Except as provided in Section 6.06, the right to receive the Servicing Fee may not be transferred in whole or in part except in connection with the transfer of all of a the Servicer's responsibilities and obligations under this Agreement; provided, however, that each the Servicer may pay from the Servicing Fee any amounts due to a Subservicer pursuant to a Subservicing Agreement entered into under Section 3.02.