Aggregate Master Servicing Compensation definition

Aggregate Master Servicing Compensation. As to any Distribution Date, the sum of (x) the aggregate of the Master Servicing Fees payable to the Master Servicer in respect of such Distribution Date and (y) all income and gain realized from the investment of funds in the Collection Account during the period from and including the Deposit Date in the calendar month immediately preceding the month in which such Distribution Date occurs, to but excluding the Deposit Date relating to such Distribution Date.
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Aggregate Master Servicing Compensation. As to any Distribution Date, all income and gain realized from the investment of funds in the Collection Account during the period from and including the Deposit Date in the calendar month immediately preceding the month in which such Distribution Date occurs, to but excluding the Deposit Date relating to such Distribution Date.
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Aggregate Master Servicing Compensation. Not applicable.
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Examples of Aggregate Master Servicing Compensation in a sentence

  • The amount of the Aggregate Master Servicing Compensation payable to the Master Servicer in respect of any Distribution Date shall be reduced by the amount of any Compensating Interest Payment for such Distribution Date, but only to the extent such Compensating Interest Payment is not actually made by the applicable Servicer on the applicable Remittance Date.

  • The amount of the Aggregate Master Servicing Compensation payable to the Master Servicer in respect of any Distribution Date shall be reduced by the amount of any Compensating Interest Payment for such Distribution Date, but only to the extent such Compensating Interest Payment is not actually made by a Servicer on the applicable Remittance Date.

  • The amount of the ------------------------------ Aggregate Master Servicing Compensation payable to the Master Servicer in respect of any Distribution Date shall be reduced by the amount of any Compensating Interest Payment for such Distribution Date.

  • The amount of the Aggregate Master Servicing Compensation payable to the Master Servicer in respect of any Distribution Date shall be reduced by the amount of any Compensating Interest Payment for such Distribution Date, but only to the extent such Compensating Interest Payment is not actually made by the Servicer on the applicable Remittance Date.

  • The amount of the Aggregate Master Servicing Compensation payable to the Master Servicer in respect of any Distribution Date shall be reduced (but not below zero) by the amount of any Compensating Interest Payment for such Distribution Date, but only to the extent Prepayment Interest Shortfalls relating to such Distribution Date are required to be paid but not actually paid by the Servicers on the applicable Remittance Date.

  • The amount of the Aggregate Master Servicing Compensation payable to the Master Servicer in respect of any Distribution Date shall be reduced by the amount of any Compensating Interest Payment for such Distribution Date, but only to the extent Prepayment Interest Shortfalls relating to such Distribution Date are required to be paid but not actually paid by the Servicers on the applicable Remittance Date.

  • The amount of the Aggregate Master Servicing Compensation payable to the Master Servicer in respect of the related Mortgage Pool and any Distribution Date shall be reduced by the amount of any Compensating Interest Payment for such Distribution Date and Mortgage Pool, but only to the extent such Compensating Interest Payment is not actually made by a Servicer on the applicable Remittance Date.


More Definitions of Aggregate Master Servicing Compensation

Aggregate Master Servicing Compensation. For any Payment Date, any investment income on funds on deposit in the Master Servicer Collection Account that is payable to the Master Servicer on such Payment Date pursuant to the Sale and Servicing Agreement.
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Aggregate Master Servicing Compensation. As to any Distribution Date, the aggregate of the Master Servicing Fees payable to the Master Servicer in respect of such Distribution Date.
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Aggregate Master Servicing Compensation. For any Payment Date, the Master Servicing Fee for such Payment Date, plus any investment income on funds on deposit in the Master Servicer Payment Account which is payable to the Master Servicer on such Payment Date pursuant to Section 4.02(c) of the Sale and Servicing Agreement.
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