Common use of Servicing Fee Clause in Contracts

Servicing Fee. As compensation for the Servicer’s servicing activities on their behalf, the Servicer shall be paid the Servicing Fee in arrears on each Settlement Date out of Collections.

Appears in 21 contracts

Sources: Receivables Purchase Agreement (Cencora, Inc.), Receivables Purchase Agreement (Amerisourcebergen Corp), Receivables Purchase Agreement (Henry Schein Inc)

Servicing Fee. As compensation for the Servicer’s servicing activities on their behalf, Borrower shall pay the Servicer the Servicing Fee, which fee shall be paid the Servicing Fee from Collections in arrears on each Settlement Date out of Collectionsin accordance with Sections 2.2 and 2.3 herein.

Appears in 15 contracts

Sources: Credit and Security Agreement (Smithfield Foods Inc), First Amendment to Fifth Amended and Restated Credit and Security Agreement (Smithfield Foods Inc), Credit and Security Agreement (Smithfield Foods Inc)

Servicing Fee. As compensation for the Servicer’s 's servicing activities on their behalf, the Servicer shall be paid the Servicing Fee in arrears on each Settlement Date out of Collections.

Appears in 8 contracts

Sources: Receivables Purchase Agreement (Airborne Inc /De/), Receivables Purchase Agreement (Adc Telecommunications Inc), Receivables Purchase Agreement (Edwards Lifesciences Corp)

Servicing Fee. As compensation for the Servicer’s 's servicing activities on their behalf, the Servicer shall be paid the Servicing Fee in arrears on each Settlement Date out of CollectionsCollections in accordance with Article II.

Appears in 2 contracts

Sources: Receivables Purchase Agreement (Wolverine Tube Inc), Receivables Purchase Agreement (Wolverine Tube Inc)

Servicing Fee. As compensation for the Servicer’s servicing activities on their behalf, Borrower shall pay the Servicer the Servicing Fee, which fee shall be paid the Servicing Fee from Collections in arrears on each Settlement Date out of CollectionsDate.

Appears in 2 contracts

Sources: Credit and Security Agreement (Rock-Tenn CO), Credit and Security Agreement (Rock-Tenn CO)

Servicing Fee. As compensation for the Servicer’s servicing activities on their behalf, Borrowers, jointly and severally, shall pay the Servicer the Servicing Fee, which fee shall be paid the Servicing Fee from Collections in arrears on each Settlement Date out of CollectionsDate.

Appears in 2 contracts

Sources: Credit and Security Agreement (Universal Health Services Inc), Credit and Security Agreement (Universal Health Services Inc)

Servicing Fee. As compensation for the Servicer’s 's servicing activities on their behalf, Borrower shall pay the Servicer the Servicing Fee, which fee shall be paid the Servicing Fee from Collections in arrears on each Settlement Date out of CollectionsDate.

Appears in 1 contract

Sources: Credit and Security Agreement (Rock-Tenn CO)

Servicing Fee. As compensation for the Servicer’s 's servicing activities on their behalf, the Servicer shall be paid the Servicing Fee in arrears on each Settlement Date out of CollectionsCollections in accordance with Sections 2.4 and 2.5.

Appears in 1 contract

Sources: Receivables Purchase Agreement (Vitro Sa De Cv)

Servicing Fee. As compensation for the Servicer’s servicing activities on their behalf, the Servicer shall be paid the Servicing Fee in arrears on each Settlement Date out of CollectionsCollections in accordance with Article II.

Appears in 1 contract

Sources: Receivables Purchase Agreement (Wolverine Tube Inc)

Servicing Fee. As compensation for the Servicer’s Servicers’ servicing activities on their behalf, the Servicer Servicers shall be paid the Servicing Fee in arrears on each Settlement Date out of Collections. Such Servicing Fee shall be shared by the Servicers ratably in accordance with the Receivables serviced by them in the Calculation Period then most recently ended.

Appears in 1 contract

Sources: Receivables Purchase Agreement (Caremark Rx Inc)