Servicing Fees Sample Clauses

Servicing Fees. As compensation for its servicing activities and as reimbursement for its reasonable expenses in connection therewith, the Servicer shall be entitled to receive the Servicing Fees monthly on each Settlement Date. Such Servicing Fees shall be payable from available funds in accordance with Section 2.07 and 2.08 of the Funding Agreement. The Servicer shall be required to pay for all expenses incurred by it in connection with its activities hereunder (including any payments to accountants, counsel or any other Person) and shall not be entitled to any payment therefor other than the Servicing Fees.
Servicing Fees. The Trust or NSLF, if applicable, shall pay to the Master Servicer, on or before the 25th day of each month, or within fifteen (15) days of billing statement (which may be sent either by the Master Servicer or Nelnet or the Subservicers), for and in consideration of the services performed by the Master Servicer and Subservicers hereunder for the preceding month, the fee provided for in Schedule A of this Agreement ("Servicing Fee"). In the event Servicing Fees are not paid within thirty (30) days of the billing statement, the Master Servicer will have the following rights to (a) impose a late charge of one and one-half percent (1 1/2%) per month against the entire outstanding balance of the past due Servicing Fee including any prior late charge; and (b) terminate services without notice if nonpayment persists for sixty (60) days from billing or more. The Servicing Fee due from the Trust and related charges shall be paid only from the Trust Estate and only to the extent moneys are available as provided for under the terms of the Indenture.
Servicing Fees. In consideration of PDCo’s agreement to act as Servicer hereunder, the Purchasers hereby agree that, so long as PDCo shall continue to perform as Servicer hereunder, PDCo shall be paid a fee (the “Servicing Fee“) in accordance with the priority of payments set forth in Sections 2.2(c) and 2.3, as applicable, on the 19th calendar day of each month (or, if such day is not a Business Day, then the next Business Day thereafter), in arrears for the immediately preceding Fiscal Month, equal to 1% per annum of the average Net Portfolio Balance during such period, as compensation for its servicing activities.
Servicing Fees. The provision of shareholder and administrative services to contract owners or to the Plans shall be the responsibility of ING Financial, ING Life, ING Institutional or the Nominee and shall not be the responsibility of Distributor or Aston. The Nominee, or ING Life on behalf of its Separate Accounts, will be recognized as the sole shareholder of Fund shares purchased under this Agreement. It is further recognized that there will be a substantial savings in administrative expense and recordkeeping expenses by virtue of having one shareholder rather than multiple shareholders. In consideration of the administrative savings resulting from such arrangement, Advisor agrees to pay to ING Life or ING Institutional, as appropriate, a servicing fee (“Servicing Fee”), as specified in Schedule A (attached), based on the average net assets invested in the Funds through the Contracts or through ING Life’s or ING Institutional’s arrangements with Plans in each calendar quarter. Advisor will make such payments to ING Life or ING Institutional within thirty (30) days after the end of each calendar quarter. Each payment will be accompanied by a statement showing the calculation of the fee payable to ING Life or ING Institutional for the quarter and such other supporting data as may be reasonably requested by ING Life or ING Institutional. If required by a Plan or by applicable law, ING Life or ING Institutional shall have the right to allocate to a Plan or to Participant accounts in a Plan all or a portion of such Servicing Fees, or to use Servicing Fees it collects from Advisor to offset other fees payable by the Plan to ING Life or ING Institutional.
Servicing Fees. In consideration for Servicing Activities, the Service Provider shall receive an annual servicing fee (a “Servicing Fee”) to be to be paid quarterly in arrears as determined by agreement between the Trust and the Service Provider, provided that in no event shall the Servicing Fee exceed 0.25% per annum of the average daily net assets of the Shares of a Fund with which the Service Provider maintains a service relationship or (ii) any applicable limits imposed by law. For purposes of determining the fees payable to the Service Provider hereunder, the value of the Trust’s net assets shall be computed in the manner specified in the Trust’s then-current prospectus for computation of the net asset value of the Trust’s Shares. The above fees constitute all fees to be paid to the Service Provider by the Trust with respect to the transactions contemplated hereby.
Servicing Fees. As compensation for the services provided for a Series (including servicing of the related Assets and administration of the related Trust) and ordinary expenses incurred by the Servicer under the Pooling and Servicing Agreement, on each Distribution Date the Servicer shall be entitled to receive the Servicing Fee on each Asset from amounts collected on such Asset. Except as otherwise expressly provided in the Pooling and Servicing Agreement, the Servicer shall perform all of the obligations to be performed by it under the Pooling and Servicing Agreement at its expense and without cost or charge to the Trustee. The Servicing Fee relating to any Asset shall be payable solely from the interest portion of each Monthly Payment or other payment of or in respect of interest collected by the Servicer in respect of such Asset, whether from the proceeds of any judgment, writ of attachment or levy against the related Obligor or its assets, or from funds received by the Servicer in connection with any Principal Prepayment in full, from Insurance Proceeds or Liquidation Proceeds or in connection with any purchase or repurchase of an Asset; PROVIDED, HOWEVER, that the Servicing Fee with respect to an Asset in any month shall be payable to the Servicer out of amounts paid by the related Obligor toward the Monthly Payment due on such Asset during such month only if the related Obligor has remitted the entire amount of such Monthly Payment. The Servicer also shall be entitled to additional servicing compensation as specified in Sections 3.06(c) and 3.15 hereof. Unless otherwise provided in the Pooling and Servicing Agreement for a Series, the Servicer may retain its Servicing Fee and any other servicing compensation provided for in such Pooling and Servicing Agreement from gross interest collections on the related Assets prior to depositing such collections into the related Certificate Account.
Servicing Fees. As compensation for its servicing activities and as reimbursement for its reasonable expenses in connection therewith, the Servicer shall be entitled to receive the Servicing Fees in accordance with Sections 6.04 and 6.05. The Servicer shall be required to pay for all expenses incurred by it in connection with its activities hereunder (including any payments to accountants, counsel or any other Person) and shall not be entitled to any payment therefor other than the Servicing Fees.
Servicing Fees. In consideration of McKesson’s agreement to act as Servicer hereunder, the Purchasers hereby agree that, so long as McKesson shall continue to perform as Servicer hereunder, the Seller shall pay over to McKesson on each Monthly Settlement Date, in accordance with the priority of payments set forth in Article II, a fee (the “Servicing Fee”) equal to (i) one percent (1%) of the average daily Net Receivables Balance during the preceding Collection Period, times (ii) 1/12, as compensation for its servicing activities.
Servicing Fees. The Master Servicer shall pay to the Subservicer, on or before the 25th day of each month, or within fifteen (15) days of billing statement (which may be sent by the Subservicer), for and in consideration of the services performed by the Subservicer hereunder for the preceding month, the fee provided for in Schedule A of this Agreement ("Servicing Fee"). In the event Servicing Fees are not paid within thirty (30) days of the billing statement, the Master Servicer agrees the Subservicer will have the following rights to (a) impose a late charge of one and one-half percent (1 1/2%) per month against the entire outstanding balance of the past due Servicing Fee including any prior late charge; and (b) terminate services without notice if nonpayment persists for sixty (60) days from billing or more. The Servicing Fee and related charges shall be paid only to the extent moneys are available as provided for under the terms of the Indenture.
Servicing Fees. In consideration of Xxxxxxx’x agreement to act as Servicer hereunder, the Purchasers hereby agree that, so long as Xxxxxxx continues to perform as Servicer hereunder, Seller will pay over to Xxxxxxx on the 20th calendar day of each month, in arrears for the preceding Calculation Period (as defined in the Receivables Sale Agreement), a fee (the “Servicing Fee”) equal to 1.00% per annum of the average aggregate Outstanding Balance of all Receivables during such period, as compensation for its servicing activities.