Accrued Servicing Fee definition

Accrued Servicing Fee means, as of any date of determination within a Settlement Period, the sum of the Servicing Fees calculated for each day from and including the first day of the Settlement Period through and including such date.
Sample 1Sample 2Sample 3
Accrued Servicing Fee means for any day within a Settlement Period, the --------------------- Servicing Fee calculated for each day from and including the first day of the Settlement Period through and including the day for which the calculation is being made.
Sample 1
Accrued Servicing Fee means, with respect to each Secondary Market Participation Loan, an amount equal to the Transferred Unpaid Principal Balance of such Secondary Market Participation Loan, multiplied by the difference between (A) the rate of interest payable by the Obligor under the related Note as set forth on the Data Tape and (B) the rate required to be paid by the Seller to Xxxxxx under the related Secondary Market Participation Guaranty Agreement as set forth on the Data Tape multiplied by the number of days from and including the date immediately following the related Interest-Paid-Through-Date to and including the Closing Date, divided by 365.
Sample 1

Examples of Accrued Servicing Fee in a sentence

  • Deferred Interest Amount of deferred interest on the loan @ liquidation Accrued Servicing Fee Recovered Servicing fee recovered at time of liquidation.

  • Number Deferred Interest T Amount of deferred interest on the loan @ liquidation Number Accrued Servicing Fee Recovered T Servicing fee recovered at time of liquidation.

  • Number Deferred Interest Amount of deferred interest on the loan @ liquidation Number Accrued Servicing Fee Recovered Servicing fee recovered at time of liquidation.

  • Deferred Interest Amount of deferred interest on the loan @ Number liquidation Accrued Servicing Fee Servicing fee recovered at time of liquidation.

  • Number Deferred Interest T Amount of deferred interest on the loan @ liquidation Number Accrued Servicing Fee T Servicing fee recovered at time of liquidation.

  • Number -------------------------------------------------------------------------------------------------------------------- Deferred Interest T Amount of deferred interest on the loan @ liquidation Number -------------------------------------------------------------------------------------------------------------------- Accrued Servicing Fee Recovered T Servicing fee recovered at time of liquidation.

  • Number ------------------------------------------------------------------------------------------------------------------------------ Deferred Interest Amount of deferred interest on the loan @ liquidation Number ------------------------------------------------------------------------------------------------------------------------------ Accrued Servicing Fee Recovered Servicing fee recovered at time of liquidation.


More Definitions of Accrued Servicing Fee

Accrued Servicing Fee means, for any day of determination within a
Sample 1
Accrued Servicing Fee means, with respect to each Secondary Market Participation Loan, an amount equal to the Transferred Unpaid Principal Balance of such Secondary Market Participation Loan, multiplied by the difference between (A) the rate of interest payable by the Obligor under the related Note as set forth on the Data Tape and (B) the rate required to be paid by the Seller to Xxxxxx under the related Secondary Market Participation Guaranty Agreement as set forth on the Data Tape multiplied by the number of days from and including the date immediately following the related Interest-Paid-Through-Date to and including the Closing Date, divided by 365. “Affiliate” of a Person means any other Person that, directly or indirectly, through one or more intermediaries, controls, is controlled by, or is under common control with, such Person. The term “control” (including the terms “controlled by” and “under common control with”) means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of a Person, whether through the ownership of voting securities, by contract or otherwise.
Sample 1
Accrued Servicing Fee means any Servicing fee accrued in accordance with GAAP including any accrued late charge fees or penalties net of applicable guarantee fees.
Sample 1
Accrued Servicing Fee means, with respect to each Secondary Market Participation Loan, an amount equal to the Transferred Unpaid Principal Balance of such Secondary Market Participation Loan, multiplied by the difference between (A) the rate of interest payable by the Obligor under the related Note as set forth on the Phase II Data Tape and (B) the rate required to be paid by the Applicable Seller to Xxxxxx under the related Secondary Market Participation Guaranty Agreement as set forth on the Phase II Data Tape multiplied by the number of days from and including the date immediately following the related Interest-Paid-Through-Date to and including the Phase II Closing Date, divided by 365.
Sample 1

Related to Accrued Servicing Fee

  • Accrued Servicing Fees based upon the Scheduled Principal Balance of the Mortgage Loan as calculated on a monthly basis.

  • Monthly Servicing Fee shall have the meaning specified in subsection 3.01.

  • Servicing Fee As to any Distribution Date and each Mortgage Loan, an amount equal to the product of (a) one-twelfth of the Servicing Fee Rate and (b) the outstanding principal balance of such Mortgage Loan as of the first day of the related Collection Period.

  • Base Servicing Fee means the fee payable to the Servicer on each Distribution Date for services rendered during the related Collection Period, which shall be equal to one-twelfth of the Servicing Rate multiplied by the Pool Balance as of the close of business on the last day of the immediately preceding Collection Period or, with respect to the first Distribution Date, the Original Pool Balance.

  • Basic Servicing Fee means the fee payable pursuant to Section 3.09 to the Servicer on each Payment Date for services rendered during the related Collection Period, which shall be equal to one-twelfth of the Servicing Fee Rate multiplied by the Pool Balance as of the first day of the related Collection Period or, with respect to the first Payment Date, the Original Pool Balance.

  • Primary Servicing Fee means, with respect to each Mortgage Loan and REO Mortgage Loan, the fee payable to the Primary Servicer pursuant to Section 3.01(c)(20) of this Agreement.

  • Subservicing Fee As to any Mortgage Loan, the fee payable monthly to the related Subservicer (or, in the case of a Nonsubserviced Mortgage Loan, to the Master Servicer) in respect of subservicing and other compensation that accrues at an annual rate equal to the excess of the Mortgage Rate borne by the related Mortgage Note over the rate per annum designated on the Mortgage Loan Schedule as the "CURR NET" for such Mortgage Loan.

  • Class B Servicing Fee shall have the meaning specified in Section 3.01.

  • Class A Servicing Fee shall have the meaning specified in Section 3.01.

  • Excess Servicing Fee For each calendar month, as to each Mortgage Loan, the portion of the related Excess Servicing Fee Rate applicable to such month (determined in the same manner as the applicable Mortgage Rate determined for such Mortgage Loan for such month) multiplied by the Scheduled Principal Balance of such Mortgage Loan immediately before the Due Date occurring in such month, but prorated for the number of days during the calendar month for such Mortgage Loan for which interest actually accrues on such Mortgage Loan and only from collections on such Mortgage Loan.

  • Master Servicing Fee As to any Distribution Date, an amount equal to one-twelfth the product of (a) the Master Servicing Fee Rate and (b) the outstanding principal balance of each Mortgage Loan. Master Servicing Fee Rate: 0.00% per annum.

  • Excess Servicing Fees With respect to each Mortgage Loan (including an REO Mortgage Loan), that portion of the Servicing Fee that accrues at a per annum rate equal to the Excess Servicing Fee Rate.

  • Total Servicing Fee means the sum of the Basic Servicing Fee and the Supplemental Servicing Fee.

  • Special Servicing Fee shall have the meaning given to such term in the Servicing Agreement.

  • General Servicing Fee With respect to each Due Period and any Mortgage Loan, an amount equal to one-twelfth the product of (i) the General Servicing Fee Rate and (ii) the outstanding principal balance of such Mortgage Loan as of the related Determination Date. The General Servicing Fee is payable solely from, the interest portion (including recoveries with respect to interest from Liquidation Proceeds to the extent permitted by Section 3.02 of this Agreement) of such Monthly Payments collected by the Servicer, or as otherwise provided under this Agreement. General Servicing Fee Rate: 0.50% per annum.

  • Available Master Servicer Compensation With respect to any Distribution Date, the sum of (a) the Master Servicing Fee for such Distribution Date, (b) interest earned through the business day preceding the applicable Distribution Date on any Prepayments in Full remitted to the Master Servicer and (c) the aggregate amount of Month End Interest remitted by the Servicers to the Master Servicer pursuant to the related Servicing Agreements.

  • Additional Servicing Fee means, for any Collection Period, if a successor Servicer has been appointed pursuant to Section 8.2 of the Sale and Servicing Agreement, the amount, if any, by which (i) the compensation payable to such successor Servicer for such Collection Period exceeds (ii) the Monthly Servicing Fee for such Collection Period.

  • Servicing Fees With respect to each Mortgage Loan and REO Loan, the Master Servicing Fee and the Special Servicing Fee.

  • Special Servicing Fees shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing Agreement.

  • Primary Servicing Fee Rate means, with respect to each Mortgage Loan, the rate that corresponds to such Mortgage Loan set forth on Exhibit A hereto under the heading “Primary Servicing Fee.”

  • Backup Servicing Fee means, as to each Distribution Date, $4,000; provided, however, that if the Backup Servicer becomes the successor Servicer, such fee shall no longer be paid.

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

  • Master Servicer Prepayment Charge Payment Amount The amounts payable by the Master Servicer pursuant to Section 2.03(b) in respect of any waived (or, with respect to subsequent changes of law, any unenforceable) Prepayment Charges.

  • Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.

  • Monthly salary means the portion of a member’s annual compensation which is paid to him or her per month.

  • Accrued Expenses means the accrued and unpaid expenses appearing as a Liability on the Preliminary Closing Statement or the Final Closing Statement.