Successor Servicer Fee definition

Successor Servicer Fee means, for any calendar month, [*]. Receivables Purchase Agreement
Successor Servicer Fee means, with respect to any Payment Date, the ---------------------- fee payable to the Successor Servicer, in an amount equal to the product of (a) $1,200 and (b) the sum of (i) the number of Section 3.19(a) Deliveries since the immediately preceding Payment Date and (ii) the number of Section 7.03(a) Deliveries since the immediately preceding Payment Date.
Successor Servicer Fee means, at anytime that TWRI or one of its Affiliates is not then active as the Servicer, the fees and other amounts required to provide reasonable compensation to the Servicer in connection with servicing, administering and collecting the Receivables, which fees and other amounts shall have been agreed upon by Agent and such Servicer.

Examples of Successor Servicer Fee in a sentence

  • In addition to the Servicing Fee, on the date of its appointment as Successor Servicer, such Successor Servicer will receive a fee of $150,000 payable pursuant to Section 8.2(c) or 8.2(e) of the Indenture, as applicable, and thereafter, will be entitled to the Additional Successor Servicer Fee, which will be paid in accordance with the priorities set forth in Section 8.2(c) or 8.2(e) of the Indenture, as applicable.

  • In addition to the Servicing Fee, on the date of its appointment as Successor Servicer, such Successor Servicer will receive the Successor Servicer Engagement Fee payable pursuant to the Trust Financing Agreements for each Series with Credit Extensions Outstanding, and thereafter, will be entitled to the Additional Successor Servicer Fee, which will be paid in accordance with the priorities set forth in the Trust Financing Agreements for each Series with Credit Extensions Outstanding.

  • In addition to the Servicing Fee, on the date of its appointment as Successor Servicer, such Successor Servicer will receive a fee of $[_____] payable pursuant to Section 8.2(c) or 8.2(e) of the Indenture, as applicable, and thereafter, will be entitled to the Additional Successor Servicer Fee, which will be paid in accordance with the priorities set forth in Section 8.2(c) or 8.2(e) of the Indenture, as applicable.

  • All calculations of the amount of the Servicing Fee, the Back-up Servicer Fee, Successor Servicer Fee, the Trust Collateral Agent Fee and the Master Servicer Fee shall be made on the basis of a 360-day year consisting of twelve 30-day months.

  • Once it has become the Servicer, the Master Servicer will be entitled to the Successor Servicer Fee.


More Definitions of Successor Servicer Fee

Successor Servicer Fee means, for any Collection Period, the fee payable to the Successor Servicer as set forth in Schedule C attached hereto, or, if such successor Servicer is not __________, such other fee schedule approved by the Note Insurer in its sole and absolute discretion.
Successor Servicer Fee means initially with respect to any Settlement Period, $1,000.00 or the pro rata portion thereof if such Settlement Period is less than a full calendar month, or such amount as may be agreed upon from time to time by TMN and the Successor Servicer with the consent of the Funding Agents.
Successor Servicer Fee means, for any calendar month, [*]
Successor Servicer Fee. As defined in Section 8.2. TIAA: Teachers Insurance and Annuity Association of America. Transfer: Any direct or indirect transfer or sale of any Ownership Interest in a Certificate. Trustee: First Trust National Association, a national banking association, and its successors and any corporation resulting from or surviving any consolidation or merger to which it or its successors may be a party and any successor trustee at the time serving as successor trustee hereunder.
Successor Servicer Fee means, for any Collection Period, the Servicing Fee, or such higher fee as approved by the Note Insurer in its sole and absolute discretion.
Successor Servicer Fee means the amount of the Additional ---------------------- Servicing Fee and any other reimbursement of reasonable out-of-pocket expenses, including Liquidation Expenses, incurred by a Successor Servicer in connection with realization on the Lease Contracts or other enforcement procedures in respect of Collections (including, without limitation, repossessions, freight, skip tracing, telecommunications, accounting fees, legal fees, taxes, etc.).
Successor Servicer Fee. Any fees of a successor Servicer in excess of the Servicing Fee.