Servicer Fees. The Servicer shall be entitled to any interest earned on the amounts deposited in the Collection Account during each Collection Period plus all late fees, prepayment charges and other administrative fees and expenses or similar charges, if any, allowed by applicable law and the terms of the Receivables during each Collection Period (the "Supplemental Servicing Fee"). The Servicer also shall be entitled to the Servicing Fee, as provided herein.
Servicer Fees. 11 SECTION 3.9 Servicer's Certificate.....................................................................11
Servicer Fees. Borrower shall pay all fees, costs and expenses incurred by Lender in connection with the servicing of the Loan by the Servicer which shall in no event exceed four hundredths of one percent (0.04%), per annum, of the Principal Balance of the Loan.
Servicer Fees. 10 SECTION 3.8 Investor Report............................................................................10
Servicer Fees. 11 SECTION 3.9 Servicer's Certificate.......................................11 SECTION 3.10 Annual Statement as to Compliance; Item 1122 Servicing Criteria Assessment; Notice of Event of Servicing Termination..................................................11 SECTION 3.11 Annual Independent Certified Public Accountant's Report......13 SECTION 3.12 Access to Certain Documentation and Information Regarding Receivables........................................13 SECTION 3.13
Servicer Fees. Servicer shall be entitled to receive a fee (the “Servicer Fee”) equal to 1.00% per annum multiplied by the average daily aggregate Outstanding Balance of all Eligible Receivables, payable in arrears on each Monthly Settlement Date for the immediately preceding Monthly Period out of Collections available for such purpose pursuant to Article II on such Monthly Settlement Date. The Investors’ share of the Servicer Fee shall be equal to the Servicer Fee Rate multiplied by the average daily Aggregate Capital of the Investor Interests payable as provided above. Upon the appointment of a successor servicer under this Agreement which is not an Affiliate of Servicer, the Servicer Fee shall be such amount as the Managing Agents, with the consent of the Required Committed Investors, shall reasonably determine. Notwithstanding anything herein to the contrary, the Servicer Fee shall be payable only from Collections pursuant to, and subject to the priority of payments set forth in, Article II. To the extent such Collections are not sufficient to pay the Servicer Fee in full, none of Seller, the Program Agent or any Managing Agent or Investor shall have any liability for the deficiency. The Computation Agent shall be entitled to receive a fee and reimbursement of expenses from Servicer in such amounts and payable at such times as the Computation Agent and Servicer may agree upon from time to time. In no event shall Seller, the Program Agent or any Managing Agent or Investor shall have any liability for payment of any fees or expenses of the Computation Agent.
Servicer Fees. No Servicer or Subservicer shall be paid any fees or indemnified out of any Loan Proceeds, other than any Loan Proceeds paid or distributed to the Company in accordance with Section 3.03(a) or Section 4.01.
Servicer Fees. The Servicer shall be entitled to the Net Servicing Fee, which shall be payable as provided in Section 8.2 of the Indenture. The Receivables Servicers shall be entitled to the Receivables Servicer Servicing Fee. To the extent that a Receivables Servicer does not retain its Receivables Servicer Servicing Fee from collections on Receivables serviced by it, the Servicer will pay any portion of that Receivables Servicer Servicing Fee that is not so retained directly to that Receivables Servicer.
Servicer Fees. The Master Servicer shall be entitled to the Servicing Fee, which shall be payable as provided in Section 8.2 of the Indenture. It is acknowledged and agreed that (i) the Receivables Servicer Servicing Fee will be paid to the Receivables Servicers (including any successor sub-Servicer thereto) from the Collections on the related Receivables and (ii) if the Master Servicer becomes a direct servicer of Receivables in place of any Receivables Servicer (or any successor sub-Servicer thereto), the Master Servicer shall receive the related Receivables Servicer Servicing Fee.
Servicer Fees. In consideration of Xxxxxx’x agreement to act as Servicer hereunder, the Issuing Lenders and the Lenders hereby agree that, so long as Xxxxxx shall continue to perform as Servicer hereunder, Borrower shall pay over to Xxxxxx a fee (the “Servicer Fee”) on each Settlement Date (or, if such day is not a Business Day, then the next Business Day thereafter), in arrears for the immediately preceding month, in an amount equal to the product of the Servicer Fee Rate and the average aggregate Outstanding Balance of all Receivables during such period, as compensation for its servicing activities. Notwithstanding the foregoing, if the Servicer is replaced by the Administrative Agent, the successor Servicer shall receive a servicing fee in an amount agreed upon by the Administrative Agent and the successor Servicer which reflects the then prevailing market rates for servicing similar portfolios of receivables.
