Payment of Servicing Fees. If the Servicer shall change, the predecessor Servicer shall be entitled to receive any accrued and unpaid Servicing Fees through the date of such Successor Servicer’s acceptance hereunder in accordance with Section 4.08.
Payment of Servicing Fees. Subservicer shall remit to Principal all servicing fees collected on any Mortgage Loan no later than the second Business Day following the day on which such fees are received, net of amounts due Subservicer, if any, under Sections 3.3 or 3.4 and net of any guarantee fee. Subservicer shall provide to Principal a daily statement of the servicing fees collected on the Mortgage Loans based on the Mortgagor payments received by Subservicer. No later than the fifth Business Day after the applicable Investor cut-off date of each month Subservicer shall provide a statement setting forth in reasonable detail the prior month's servicing fees.
Payment of Servicing Fees. Black Ridge will be entitled to * * *. With respect to the “Management Participation Interest” (as such term is defined in the Limited Liability Company Agreement of the Owner (the “Owner Operating Agreement”)) of Black Ridge, the effect of any termination of this Agreement on such Management Participation Interest will be as set forth in the Owner Operating Agreement.
