Common use of Deconversion Fee Clause in Contracts

Deconversion Fee. The fee payable by the Owner/Servicer to the Subservicer as provided in Section 5.4(a), which fee, if any, shall equal the amount set forth in Exhibit B. The Deconversion Fee relating to a termination of this Agreement with respect to an Interim Serviced Mortgage Loan, if any, shall equal the amount set forth in Exhibit B. Default Firms: Shall have the meaning assigned to such term in Section 2.3.

Appears in 2 contracts

Sources: Subservicing Agreement (Walter Investment Management Corp), Subservicing Agreement (Walter Investment Management Corp)