Aggregate Expense Rate. With respect to any Mortgage Loan, the sum of the Master Servicing Fee Rate, the applicable Servicing Fee Rate and the rate of any lender-paid Primary Mortgage Insurance Policy.
Aggregate Expense Rate. With respect to any Mortgage Loan, the applicable Servicing Fee Rate and, with respect to any LPMI Mortgage Loan, the interest premium charged by the mortgagee to obtain or maintain any Primary Mortgage Insurance Policy.
Aggregate Expense Rate. With respect to any Mortgage Loan, the sum of the Servicing Fee Rate and the Lender-Paid PMI Rate (if applicable).
Examples of Aggregate Expense Rate in a sentence
Aggregate Expense Rate: The sum of the Master Servicing Fee Rate, the Securities Administrator Fee Rate, the applicable Servicing Fee Rate and the Trustee Fee Rate.
Aggregate Expense Rate: The sum of the Servicing Fee Rate, the Securities Administrator Fee Rate and the Trustee Fee Rate.
More Definitions of Aggregate Expense Rate
Aggregate Expense Rate. With respect to any Mortgage Loan, the sum of the Servicing Fee Rate, the Securities Administrator Fee Rate, the applicable Insurance Fee Rate, in the case of any Mortgage Loan covered by a Bulk PMI Policy, and the DA Dividend Rate, in the case of a Direct Access Mortgage Loan.
Aggregate Expense Rate. With respect to any Mortgage Loan, the Servicing Fee Rate and any applicable mortgage insurance policy premium payable by any Servicer.
Aggregate Expense Rate. The sum of the Master Servicing Fee Rate, the applicable Servicing Fee Rate and the Trustee Fee Rate.
Aggregate Expense Rate. With respect to any Mortgage Loan, the sum of the Servicing Fee Rate, the Trustee Fee Rate and, in the case of any Mortgage Loan covered under a Pool Insurance Policy, the Insurance Fee Rate.
Aggregate Expense Rate. With respect to any Mortgage Loan, the sum of the Servicing Fee Rate and the Lender-Paid PMI Rate (if applicable). Agreement: This Pooling and Servicing Agreement and all amendments hereof and supplements hereto.
Aggregate Expense Rate. With respect to any Mortgage Loan, the sum of the Servicing Fee Rate and the Supplemental PMI Insurance Premium Rate (if applicable).
Aggregate Expense Rate. With respect to any Mortgage Loan, the Servicing Fee Rate and any applicable mortgage insurance policy premium payable by any Servicer. Aggregate Pool: Pool 1 and Pool 2, in the aggregate. Aggregate Pool Certificates: The Group 1A, Group 2A and Subordinate Certificates.