Workout Fees definition

Workout Fees shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing Agreement.
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Workout Fees shall have the meaning given to such term or any one or more analogous terms in the Lead Securitization Servicing Agreement.
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Workout Fees shall have the meaning assigned to such term in the Securitization Servicing Agreement.
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Examples of Workout Fees in a sentence

  • For clarification, no obligation of the Master Servicer or the Special Servicer to use reasonable efforts to collect fees from the related Mortgagor will change the obligation of the Master Servicer to pay such fees from general collections or other proceeds in accordance with Section 3.06(a) and Section 3.06A(a) of this Agreement, whether or not such Special Servicing Fees, Workout Fees or Liquidation Fees are collected from or paid by the related Mortgagor.

  • For clarification, no obligation of the Master Servicer or the Special Servicer to use commercially reasonable efforts to collect fees from the related Mortgagor will change the obligation of the Master Servicer to pay such fees from general collections or other proceeds in accordance with Section 3.06(a) and Section 3.06A(a) of this Agreement, whether or not such Special Servicing Fees, Workout Fees or Liquidation Fees are collected from or paid by the related Mortgagor.

  • As compensation therefor, the Trustee shall be entitled to all fees and other compensation which the resigning or terminated party would have been entitled to if the resigning or terminated party had continued to act hereunder (other than fees already earned, including, without limitation, Workout Fees).

  • Further notwithstanding anything herein to the contrary, all Liquidation Fees and Work-out Fees payable with respect to the Mortgage Loan or the Properties shall be offset by any Modification Fees collected or earned by the Special Servicer with respect to the Mortgage Loan in connection with any modification, restructure, extension, waiver, amendment or work-out of the Mortgage Loan, but only to the extent those fees have not previously been deducted from a Work-out Fee or Liquidation Fee.

  • For clarification, no obligation of the Master Servicer or the Special Servicer to use commercially reasonable efforts to collect fees from the related Mortgagor will change the obligation of the Master Servicer to pay such fees from general collections or other proceeds in accordance with Section 3.06(a) and 3.06A as applicable, of this Agreement, whether or not such Special Servicing Fees, Workout Fees or Liquidation Fees are collected from or paid by the related Mortgagor.


More Definitions of Workout Fees

Workout Fees has the meaning set forth in the Servicing Agreement.
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Workout Fees has the meaning set forth in the Trust Agreement.
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Workout Fees has the meaning set forth in the Servicing Agreement. ANNEX B UNSECURED DEBENTURE INDENTURE DEFINITIONS
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Workout Fees means any "Workout Fees" required to be paid under the Trust and Servicing Agreement executed in connection with a Securitization.
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Workout Fees has the meaning set forth in the Servicing Agreement. Exhibits and Schedules to Base Indenture Exhibit A Form of Weekly Manager’s Certificate Exhibits and Schedules to Base Indenture Exhibit B [RESERVED] Exhibits and Schedules to Base Indenture Exhibit C [RESERVED] Exhibits and Schedules to Base Indenture Exhibit D-1 FORM OF NOTICE OF GRANT OF SECURITY INTEREST IN TRADEMARKS This NOTICE OF GRANT OF SECURITY INTEREST IN TRADEMARKS (the “Notice”) is made and entered into as of [ ], by and between [XXXXXXXX’X RESTAURANTS LLC] [IHOP RESTAURANTS LLC], a Delaware limited liability company located at (“Grantor”), in favor of CITIBANK, N.A., a national banking association (“Citibank”), as trustee, located at 000 Xxxxxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000 (“Trustee”).
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Workout Fees in the amounts set forth in the servicing agreement, and (d) “special servicing fees” for the Loan upon the Loan becoming a specially serviced loan pursuant to the servicing agreement in the amounts set forth in the servicing agreement; provided, however, that Borrower shall not be liable (x) for the payment of any such costs and expenses to the extent the same arise by reason of the gross negligence, illegal acts, fraud or willful misconduct of Lender or Servicer and (y) for the payment of any monthly master servicing fees. Any costs due and payable to Lender may be paid to Lender pursuant to the Cash Management Agreement.
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Workout Fees has the meaning set forth in the Servicing Agreement. Exhibit A WEEKLY MANAGER’S CERTIFICATE [ATTACHED] Exhibit B [RESERVED] Exhibit C Exhibit D-1 FORM OF NOTICE OF GRANT OF SECURITY INTEREST IN TRADEMARKS This NOTICE OF GRANT OF SECURITY INTEREST IN TRADEMARKS (the “Notice”) is made and entered into as of [____________], by and between [IHOP RESTAURANTS LLC] [APPLEBEE’S RESTAURANTS LLC], a Delaware limited liability company located at 000 Xxxxx Xxxxx Xxxx., 0xx Xxxxx, Xxxxxxxx, XX 00000-0000 (“Grantor”), in favor of CITIBANK, N.A., a national banking association (“Citibank”), as trustee located at 000 Xxxxxxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX 00000 (“Trustee”).
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