Backup Servicer Fee Letter definition

Backup Servicer Fee Letter. The Backup Servicer Fee Letter, dated as of the date hereof, by and among the Servicer, the Administrative Agent, and the Backup Servicer, as such letter may be amended, modified, supplemented, restated or replaced from time to time.
Backup Servicer Fee Letter means the fee letter, dated as of the date hereof, between the Issuer and the Backup Servicer.
Backup Servicer Fee Letter means that certain fee letter, dated as of September 12, 2003, among the Loan Originator, the Servicer, Citigroup Global Markets Inc. and the Backup Servicer.

Examples of Backup Servicer Fee Letter in a sentence

  • The Backup Servicer will not make any changes to the Backup Servicer Fee set forth in the Backup Servicer Fee Letter without the prior written approval of the Administrative Agent and each Purchaser Agent.

  • From the date hereof until the Collection Date, the Backup Servicer will not make any changes to the Backup Servicing Fee set forth in the Backup Servicer Fee Letter without the prior written approval of the Administrative Agent.

  • As compensation for its backup servicing activities hereunder, the Backup Servicer shall be entitled to receive the Backup Servicing Fee and other amounts payable in accordance with the Backup Servicer Fee Letter to the extent of funds available therefor pursuant to Section 2.7 and Section 2.8, as applicable.

  • From the date hereof until the Collection Date, the Backup Servicer will not make any changes to the Backup Servicer Fee set forth in the Backup Servicer Fee Letter without the prior written approval of the Administrative Agent.

  • From the date hereof until the Collection Date, the Backup Servicer will not make any changes to the Backup Servicing Fee set forth in the Backup Servicer Fee Letter without the prior written approval of the Administrative Agent, each Purchaser Agent, the Seller and the Servicer.


More Definitions of Backup Servicer Fee Letter

Backup Servicer Fee Letter. The fee letter, dated as of June 2, 2005, among, inter alia, the Originator, the Servicer and the Backup Servicer.
Backup Servicer Fee Letter means (a) that certain schedule of fees of CenterOne Financial Services LLC, acknowledged by UACC and the Borrower, and consented to by the Administrative/Collateral Agent , as the same may be amended, supplemented or otherwise modified by the parties thereto with the consent of the Required Lenders and (b) any letter agreement(s) or schedule of fees entered into by UACC and the Borrower, with the consent of the Required Lenders, with a substitute Backup Servicer in replacement of the schedule of fees referred to in clause (a) above relating to fees payable to such substitute Backup Servicer. [**CONFIDENTIAL TREATMENT HAS BEEN REQUESTED FOR CERTAIN PORTIONS OF THIS DOCUMENT]
Backup Servicer Fee Letter means the U.S. Bank National Association fee letter, dated as of April 7, 2020 and executed as of April 29, 2020, setting forth the fees payable by the Borrower to the Backup Servicer in connection with the transactions contemplated by this Agreement. “Backup Servicer Termination Notice” means notice of termination of the Backup Servicer from the Administrative Agent to the Backup Servicer pursuant to the Backup Servicer Agreement. “Bail-In Action” means the exercise of any Write-Down and Conversion Powers by the applicable EEA Resolution Authority in respect of any liability of an EEA Financial Institution. “Bail-In Legislation” means, with respect to any EEA Member Country implementing Article 55 of Directive 2014/59/EU of the European Parliament and of the Council of the European Union, the implementing law for such EEA Member Country from time to time which is described in the EU Bail-In Legislation Schedule. “Bankruptcy Code” means Chapter 11 of Title 11 of the United States Code (11 U.S.C. 101 et seq.). “Base Rate”means, for any day, a fluctuating rate per annum equal to the highest of (a) the Federal Funds Rate in effect on such day plus ½ of 1%, (b) the Prime Rate in effect on such day, (c) the Adjusted LIBO Rate on such day plus 1.00%, and (d) zero percent (0.0%). Any change in the Base Rate due to a change in the Federal Funds Rate, the Prime Rate or the Adjusted LIBO Rate shall be effective from and including the effective date of such change in the Federal Funds Rate, the Prime Rate or the Adjusted LIBO Rate, respectively. When used in reference to any Loan or Advance, “Base Rate” shall refer to a Loan, or the Loans comprising such Advance, bearing interest at a rate determined by reference to the Base Rate. “Beneficial Ownership Certification” means a certification regarding beneficial ownership required by the Beneficial Ownership Regulation. “Beneficial Ownership Regulation”has the meaning set forth in Section 8. “BHC Act Affiliate” of a party means an “affiliate” (as such term is defined under, and interpreted in accordance with, 12 U.S.C. 1841(k)) of such party. “Blocked Account”has the meaning set forth in Section 6.11. “Blocked Account Agreement” means that certain Deposit Account Control Agreement dated as of even date herewiththe Closing Date between Borrower and Administrative Agent as required herein, as the same may be amended, modified, or restated from time to time. 4
Backup Servicer Fee Letter. The Fee Letter, dated as of September 28, 2000, among the Servicer, the Administrative Agent (as successor to Wachovia Capital Markets, LLC), and the Backup Servicer, as such letter may be amended, modified, supplemented, restated or replaced from time to time.
Backup Servicer Fee Letter. The fee letter agreement, dated as of the date -------------------------- hereof, by and among the Guarantor and the Backup Servicer, as amended, modified, restated or replaced.
Backup Servicer Fee Letter means (a) that certain schedule of fees of WFB, acknowledged by CAR and the Borrower, and consented to by the Administrative Agent, as the same may be amended, supplemented or otherwise modified by the parties thereto with the consent of the Required Lenders and (b) any letter agreement(s) or schedule of fees entered into by CAR and the Borrower, with the consent of the Required Lenders, with a substitute Backup Servicer in replacement of the schedule of fees referred to in clause (a) above relating to fees payable to such substitute Backup Servicer.