Servicing Payments definition

Servicing Payments means all base servicing fee compensation received by NMAC for its servicing of receivables owned by the Nissan Auto Receivables 2000-A Owner Trust.
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Servicing Payments means any and all cash flows payable as servicing or operations and maintenance (or similar) fees and administrative service (or similar) fees under the Servicing Agreements on or after July 1, 2017.
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Servicing Payments means P&I Payments, T&I Payments, and Foreclosure Payments.
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Examples of Servicing Payments in a sentence

  • Distribution and/or Shareholder Servicing Payments – For certain of our services, we are paid by third parties rather than or in addition to being paid directly by the Plan.

  • These revenues take one of two forms: Shareholder Servicing Payments: The Escrow Agent may receive shareholder servicing payments commensurate with the shareholder services provided for the money market fund company.

  • The Investment Manager, HASCO and/or their affiliates pay Servicing Payments to Servicing Intermediaries.

  • These revenues take one of two forms: - Shareholder Servicing Payments - BOKF, National Association may receive Shareholder Servicing Payments as compensation for providing certain services for the benefit of the Money Market Fund Company.

  • You may contact your Financial Intermediary or Servicing Intermediary if you want additional information regarding any Additional Payments or Servicing Payments it receives.Payments Made From Fund Assets.• Commissions and Rule 12b-1 Payments.

  • The amount of the Servicing Payments is generally based on average net assets of the Hartford Funds that are serviced by a Servicing Intermediary.

  • Monthly Servicing Payments On each monthly servicing payment date, the servicers will be paid an amount equal to the servicing fees then payable to the servicers from amounts on deposit in the future distribution account that were allocated for servicing fees, or to the extent necessary, from the collection account and the reserve account.

  • To make efforts to retain illegally used payment cards, as well as to take the actions provided for in the Instruction for Servicing Payments with Payment Cards attached to the Contract.

  • To correct ex officio incorrectly accounted transactions by debiting/crediting the account for which the Merchant gives its irrevocable consent by signing the Contract.2. Not to accept documents for sale, which have not been submitted in accordance with the conditions under the Contract and the Instruction for Servicing Payments with Payment Cards attached thereto.3. Not to credit the account of the Merchant under Art.

  • Xxxxxxx Xxxxxx Bank will forward any remaining Shareholder Servicing Payments to the Recordkeeper.


More Definitions of Servicing Payments

Servicing Payments means all base servicing fee compensation received by Seller for its servicing of receivables owned by the Nissan Auto Receivables 1998-A Grantor Trust and the Nissan Auto Receivables 1999-A Owner Trust.
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Servicing Payments has the meaning set forth in Section 3.04(d) of the Indenture.
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Related to Servicing Payments

  • Master Servicing Fee As to any Distribution Date, an amount equal to one-twelfth the product of (a) the Master Servicing Fee Rate and (b) the outstanding principal balance of each Mortgage Loan. Master Servicing Fee Rate: 0.00% per annum.

  • Servicing Fee means the fee payable to the Servicer for services rendered during each Collection Period, determined pursuant to Section 4.08 of the Sale and Servicing Agreement.

  • Subservicing Fee As to any Mortgage Loan, the fee payable monthly to the related Subservicer (or, in the case of a Nonsubserviced Mortgage Loan, to the Master Servicer) in respect of subservicing and other compensation that accrues at an annual rate equal to the excess of the Mortgage Rate borne by the related Mortgage Note over the rate per annum designated on the Mortgage Loan Schedule as the "CURR NET" for such Mortgage Loan.

  • Special Servicing Fee shall have the meaning given to such term in the Servicing Agreement.

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

  • Master Servicer Prepayment Charge Payment Amount The amounts payable by the Master Servicer pursuant to Section 2.03(b) in respect of any waived (or, with respect to subsequent changes of law, any unenforceable) Prepayment Charges.

  • Monthly Servicing Fee shall have the meaning specified in subsection 3.01.

  • Special Servicing Fees shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing Agreement.

  • Excess Servicing Fees With respect to each Mortgage Loan (including an REO Mortgage Loan), that portion of the Servicing Fee that accrues at a per annum rate equal to the Excess Servicing Fee Rate.

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

  • Primary Servicing Fee means, with respect to each Mortgage Loan and REO Mortgage Loan, the fee payable to the Primary Servicer pursuant to Section 3.01(c)(20) of this Agreement.

  • Excess Servicing Fee For each calendar month, as to each Mortgage Loan, the portion of the related Excess Servicing Fee Rate applicable to such month (determined in the same manner as the applicable Mortgage Rate determined for such Mortgage Loan for such month) multiplied by the Scheduled Principal Balance of such Mortgage Loan immediately before the Due Date occurring in such month, but prorated for the number of days during the calendar month for such Mortgage Loan for which interest actually accrues on such Mortgage Loan and only from collections on such Mortgage Loan.

  • Servicing Account The account or accounts created and maintained pursuant to Section 3.09.

  • Sub-Servicing Account An account established by a Sub-Servicer which meets the requirements set forth in Section 3.08 and is otherwise acceptable to the Master Servicer.

  • Servicing Advance Reimbursement Amounts As defined in Section 3.22.

  • Backup Servicing Fee means, as to each Distribution Date, $4,000; provided, however, that if the Backup Servicer becomes the successor Servicer, such fee shall no longer be paid.

  • Servicing Advances All customary, reasonable and necessary "out of pocket" costs and expenses incurred in the performance by the Master Servicer of its servicing obligations, including, but not limited to, the cost of (i) the preservation, restoration and protection of a Mortgaged Property, (ii) any expenses reimbursable to the Master Servicer pursuant to Section 3.11 and any enforcement or judicial proceedings, including foreclosures, (iii) the management and liquidation of any REO Property and (iv) compliance with the obligations under Section 3.09.

  • Base Servicing Fee means the fee payable to the Servicer on each Distribution Date for services rendered during the related Collection Period, which shall be equal to one-twelfth of the Servicing Rate multiplied by the Pool Balance as of the close of business on the last day of the immediately preceding Collection Period or, with respect to the first Distribution Date, the Original Pool Balance.