Servicing Fees definition

Servicing Fees. With respect to each Mortgage Loan and REO Loan, the Master Servicing Fee and the Special Servicing Fee.

Servicing Fees means: (a) with respect to each Serviced Mortgage Loan (and any successor REO Mortgage Loan with respect thereto), the Master Servicing Fee and the Special Servicing Fee; and (b) with respect to each Outside Serviced Trust Mortgage Loan (or any successor REO Trust Mortgage Loan with respect thereto), the Master Servicing Fee.

Servicing Fees shall have the meaning attributed to such term in the Servicing Agreement; provided, however that, after the appointment of any Successor Servicer, the Servicing Fees shall mean the Successor Servicer Fees payable to such Successor Servicer.

Examples of Servicing Fees in a sentence

• Accrued Servicing Fees shall be payable from Collections to the extent of available funds in accordance with Section 3.01(a).

• Quaternary Principal Distributable Amount$— 37.Required Payment Amount (Ln 26 + Ln 28 + (sum of Ln 29 through Ln 36))$4,599,941.96 38.Reserve Account Deficiency$0.00 39.Regular Principal Distributable Amount$27,821,930.49 40.Remaining Unpaid Servicer Transition Expenses and Additional Servicing Fees, if any$0.00 41.Remaining Unpaid Trustee and Asset Representations Reviewer Fees, Expenses and Indemnity Amounts, if anya.

• WEST shall continue to pay the Servicing Fees to the Servicer until a Replacement Servicer shall have been appointed and shall have accepted such appointment in accordance with the provisions of Section 10.03(c) and such appointment has become effective.

• Quaternary Principal Distributable Amount$6,186,107.46 37.Required Payment Amount (Ln 26 + Ln 28 + (sum of Ln 29 through Ln 36))$11,868,907.76 38.Reserve Account Deficiency$0.00 39.Regular Principal Distributable Amount$30,612,249.92 40.Remaining Unpaid Servicer Transition Expenses and Additional Servicing Fees, if any$0.00 41.Remaining Unpaid Trustee and Asset Representations Reviewer Fees, Expenses and Indemnity Amounts, if anya.

• Entries not properly documented will not be reimbursed to the Servicer.8. Accrued Servicing Fees based upon the Scheduled Principal Balance of the Mortgage Loan as calculated on a monthly basis.10.

More Definitions of Servicing Fees

Servicing Fees has the meaning set forth in the Servicing Agreement.

Servicing Fees means (a) any fees paid to or retained by a Servicer in connection with the servicing obligations undertaken by the Servicer in accordance with the Related Servicing Agreement and(b) any fees and ancillary income retained by or expenses reimbursed to the Authority with respect to Mortgage Loans serviced by the Authority.

Servicing Fees means the Senior Servicing Fee and the Subordinate Servicing Fee, collectively.

Servicing Fees means the “Servicing Fee” payable to Servicer in accordance with the Sale and Servicing Agreement, which shall in no case exceed for each Collection Period (as defined in the Sale and Servicing Agreement) one percent (1.0%) per annum on the average of the Aggregate Outstanding Loan Balances (as defined in the Sale and Servicing Agreement) as of the first and last day of such Collection Period.

Servicing Fees means, with respect to each Mortgage Loan (including without limitation each REO Mortgage Loan), the Master Servicing Fee and, if applicable, the Special Servicing Fee.

Servicing Fees means the fee payable to the Servicer on each Payment Date in arrears in respect of each Remittance Period, which fee shall be equal to the product of (i) 0.50%, (ii) the arithmetic mean of the aggregate Outstanding Balance of all Eligible Loan Assets on the first day and on the last day of the related Remittance Period and (iii) the actual number of days in such Remittance Period divided by 360; provided that the rate set forth in clause (i) hereof may be increased up to 0.75% at the discretion of the Administrative Agent in the event that a successor Servicer is appointed pursuant to Section 6.01(c).

Servicing Fees means all compensation payable to Seller under the applicable Servicing Agreements, including each servicing fee payable based on a percentage of the outstanding principal balance of the Mortgage Loans and any payments received in respect of the foregoing and proceeds thereof but excluding any servicing fees payable on monthly payments that were due in any month prior to the Transfer Date, that remain unpaid or collected following such Transfer Date, excluding any other servicing compensation, such as Ancillary Fees and investment income.