Trustee Fee Rate Clause Samples

The Trustee Fee Rate clause defines the specific rate or method by which the trustee is compensated for their services in managing a trust. Typically, this clause outlines whether the fee is a fixed amount, a percentage of the trust assets, or based on another calculation, and may specify when and how payments are made. By clearly establishing the trustee's compensation, this clause helps prevent disputes over payment and ensures transparency for all parties involved.
Trustee Fee Rate. 46 UCC ..................................................... 46
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Trustee Fee Rate. Not applicable..
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Trustee Fee Rate. 31 20% Clean-up Call Date....................................................31
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Trustee Fee Rate. 22 Underwriter....................................................... 22
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Trustee Fee Rate. 30 TABLE OF CONTENTS (CONT'D)
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Related to Trustee Fee Rate

  • Servicing Fee Rate The rate used to calculate the Servicing Fee is equal to such rate as is set forth on the Mortgage Loan Schedule with respect to a Mortgage Loan.

  • Master Servicing Fee Rate The rate used to calculate the Master Servicing Fee for each Mortgage Loan is 0.017% per annum.

  • Interest Rates and Letter of Credit Fee Rates Payments and Calculations (a) Interest Rates. Except as provided in Section 2.13(c) and Section 2.15(a), all Obligations (except for the undrawn portion of the face amount of Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to the lesser of (i) the LIBOR Rate plus the Applicable Margin, or (ii) the maximum rate of interest allowed by applicable laws; provided, that following notice to Borrower in accordance with Section 2.15(a) hereof, all Obligations that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal, during the duration of the circumstances described in Section 2.15(a), to the lesser of (A) the Base Rate plus the Applicable Margin as calculated pursuant to Section 2.15(a) or (B) the maximum rate of interest allowable by applicable laws.

  • Mandate Rate The Mandate Rate shall be based upon the monthly average of the net assets of the funds in the Equity asset class, as indicated on Master Schedule A to Management Contracts, as may be updated from time to time, which is hereby incorporated by reference into this Contract, (computed in the manner set forth in the Trust’s Declaration of Trust or other organizational document) determined as of the close of business on each business day throughout the month. The Mandate Rate may vary by class. The Mandate Rate shall be determined on a cumulative basis pursuant to the schedule set forth in Schedule 1 of this Contract.

  • Accrual Rate Compensatory time for employees will accrue at the rate of one and one-half hours for each one hour of overtime worked.