Additional Servicing Fee Rate definition
Additional Servicing Fee Rate. With respect to any Distribution Date, 0.01% per annum.
Additional Servicing Fee Rate per annum.]
Additional Servicing Fee Rate. With respect to each Class AR5 Mortgage Loan, a per annum rate equal to 0.825%.
Examples of Additional Servicing Fee Rate in a sentence
As to each such Mortgage Loan and REO Loan, the Additional Servicing Fee shall accrue at the Additional Servicing Fee Rate and on the same principal amount and for the same period respecting which the related interest payment due on such Mortgage Loan or deemed to be due on such REO Loan is computed.
As to each such Mortgage Loan and REO Loan, each of the Additional Servicing Fee and the Special Servicer Strip shall accrue at the Special Servicer Strip Rate and the Additional Servicing Fee Rate, respectively, on the same principal amount and for the same period respecting which the related interest payment due on such Mortgage Loan or deemed to be due on such REO Loan is computed.
More Definitions of Additional Servicing Fee Rate
Additional Servicing Fee Rate. With respect to any Distribution Date, 0.005% per annum.