Common use of Purchase Price Percentage Clause in Contracts

Purchase Price Percentage. 3.78 multiplied by the excess of (i) the Net Servicing Fee (as such Net Servicing Fees are determined in accordance with Exhibit F to the Purchase and Sale Agreement), expressed as an annualized rate on the unpaid principal balances of the related Mortgage Loans as of the Sale Date or Subsequent Sale Date, as applicable over (ii) the Base Servicing Fee Rate.

Appears in 2 contracts

Samples: Current Excess Servicing Spread Acquisition Agreement (Nationstar Mortgage Holdings Inc.), Current Excess Servicing Spread Acquisition Agreement (Newcastle Investment Corp)

AutoNDA by SimpleDocs

Purchase Price Percentage. 3.78 multiplied by the excess of (i) the Net Servicing Fee (as such Net Servicing Fees are determined in accordance with Exhibit F to the Purchase and Sale Agreement), expressed as an annualized rate on the unpaid principal balances of the related Mortgage Loans as of the Subsequent Sale Date or Subsequent Sale Date, as applicable over (ii) the Base Servicing Fee Rate.

Appears in 1 contract

Samples: Current Excess Servicing Spread Acquisition Agreement (Nationstar Mortgage Holdings Inc.)

AutoNDA by SimpleDocs

Purchase Price Percentage. 3.78 multiplied by the excess of (i) the Net Servicing Fee (as such Net Servicing Fees are determined in accordance with Exhibit F to the Purchase and Sale Agreement), expressed as an annualized rate on the unpaid principal balances of the related Mortgage Loans as of the Sale Date or Subsequent Sale Date, as applicable over and (ii) the Base Servicing Fee Rate.

Appears in 1 contract

Samples: Current Excess Servicing Spread Acquisition Agreement (Nationstar Mortgage Holdings Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!