Examples of Monthly Servicing Fee in a sentence
The Servicer shall receive the Monthly Servicing Fee for servicing the Receivables.
The share of the Monthly Servicing Fee allocable to the Class A Certificateholders with respect to any Distribution Date (the “Class A Servicing Fee”) shall be equal to one-twelfth of the product of (a) the Class A Floating Percentage, (b) the Servicing Fee Rate and (c) the Servicing Base Amount.
The share of the Monthly Servicing Fee allocable to the Class B Certificateholders with respect to any Distribution Date (the “Class B Servicing Fee”) shall be equal to one-twelfth of the product of (a) the Class B Floating Percentage, (b) the Servicing Fee Rate and (c) the Servicing Base Amount.
The amount of the Investor Monthly Servicing Fee payable by the Trust to the Servicer.
Draws occur each month in respect of the Monthly Servicing Fee, if any, as set forth on Exhibit A.