How is Ancillary Fees defined in a legal contract?
- Ancillary Fees means additional charges related to a loan, including demand fees, statement charges, fees for bounced checks and other typical charges and fees, excluding specific fees such as modification fees or consent fees, which are actually collected from the debtor.
Seen in 154 SEC filings - Ancillary Fees means all late fees, returned-item (for instance, NSF charges) and modification or conversion fees related to any mortgage loan.
Seen in 14 SEC filings - Ancillary Fees means charges related to delayed payments, dishonored checks, fees for paying off loans, assumption fees, commissions, administrative fees on the likes of insurance and other similar fees and charges collected from or assessed against mortgagors during the related interim servicing period for the servicing of mortgage loans, excluding prepayment penalties.
Seen in 13 SEC filings - Ancillary Fees means the various fees and income derived from the mortgage loans excluding servicing fees but including late charges, prepayment penalties, fees for returned checks due to insufficient funds, assumption fees, optional insurance administrative fees, income on escrow and custodial accounts and all other incidental fees, collected from or assessed against the mortgagor.
Seen in 10 SEC filings - Ancillary Fees means fees such as demand fees, statement charges and fees for bounced checks, along with typical charges and fees incurred by banks when holding or processing funds for a depositor, such as banking, escrow, administrative, treasury service, special service, research, drafting, copying and processing fees that are received from the debtor.
Seen in 8 SEC filings - Ancillary Fees means fees related to a receivable, such as late fees, NSF fees, prepayment charges, extension fees or administrative fees paid by the borrower under a contract.
Seen in 6 SEC filings
Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
Search EDGAR for ‘Definitions of ancillary fees’ yourself to verify these results. We are always keen to point people to source documents.
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Ancillary Fees means additional charges collected from the debtor related to a loan, excluding certain specific fees.