Servicing Strip. Each month the Seller, or any successor servicer appointed hereunder, shall pay Terwin an amount equal to the Servicing Strip portion of the Servicing Fee withdrawn by the Seller or such successor servicer from the Collection Account pursuant to Section 11.05.
Appears in 7 contracts
Sources: Master Mortgage Loan Purchase and Servicing Agreement (Merrill Lynch Mortgage Investors Trust Series 2005-A8), Master Mortgage Loan Purchase and Servicing Agreement (Merrill Lynch Mortgage Investors Trust Series 2006-Af1), Master Mortgage Loan Purchase and Servicing Agreement (Merrill Lynch Mortgage Investors Trust, Series 2006-A1)