Common use of Compensation Payable Clause in Contracts

Compensation Payable. If the Servicer shall resign or be terminated, the Servicer shall continue to be entitled to all accrued and unpaid compensation payable to the Servicer through the date of such termination as specified in Section 4.09 of this Agreement.

Appears in 114 contracts

Sources: Sale and Servicing Agreement (Toyota Auto Receivables 2025-C Owner Trust), Sale and Servicing Agreement (Toyota Auto Receivables 2025-C Owner Trust), Sale and Servicing Agreement (Toyota Auto Receivables 2025-B Owner Trust)

Compensation Payable. If the Servicer shall resign or be terminated, the Servicer shall continue to be entitled to all accrued and unpaid compensation payable to the Servicer through the date of such termination as specified in Section 4.09 4.07 of this Agreement20[__]-[__] SUBI Servicing Supplement.

Appears in 2 contracts

Sources: Trust and Servicing Agreement (Toyota Lease Trust), Servicing Supplement (Toyota Lease Trust)