Common use of Subservicing Fees Clause in Contracts

Subservicing Fees. As compensation for its services hereunder, Subservicer shall be paid the fees set forth and as calculated on the applicable Subservicing Appendix. The Subservicing Fees shall be payable to Subservicer in accordance with Section 3.3. Subservicer shall not pledge, assign, transfer, or encumber its rights to any interest in the Subservicing Fees.

Appears in 2 contracts

Sources: Subservicing Agreement (Centex Land Vista Ridge Lewisville III General Partner, LLC), Subservicing Agreement (Centex Land Vista Ridge Lewisville III General Partner, LLC)