Certificate Administrator Fee Rate definition

Certificate Administrator Fee Rate. 0.0031% per annum.
Certificate Administrator Fee Rate. With respect to the Mortgage Loan, a rate equal to 0.006% per annum, calculated on the same interest accrual basis as the Mortgage Loan. A portion of the Certificate Administrator Fee Rate shall constitute the Trustee Fee Rate and shall be payable to the Trustee.
Certificate Administrator Fee Rate means 0.0033% per annum (which includes the per annum rate applicable to calculation of the Trustee Fee and the Custodian Fee).

Examples of Certificate Administrator Fee Rate in a sentence

  • As to each Mortgage Loan and REO Loan (other than the portion of an REO Loan related to any Companion Loan), the Trustee Fee shall be paid as a portion of the Certificate Administrator Fee, which fee shall accrue from time to time at the Certificate Administrator Fee Rate and the Certificate Administrator Fee shall be computed on the basis of the Stated Principal Balance of such Mortgage Loan and a 360-day year consisting of twelve 30-day months.

  • As to each Mortgage Loan and REO Loan, the Trustee Fee shall accrue from time to time at the Certificate Administrator Fee Rate and the Certificate Administrator Fee shall be computed on the basis of the Stated Principal Balance of such Mortgage Loan and a 360-day year consisting of twelve 30-day months.

  • As to each Mortgage Loan and REO Mortgage Loan, the Certificate Administrator Fee shall accrue during each calendar month, commencing with May 2015, at the Certificate Administrator Fee Rate on a principal amount equal to the Stated Principal Balance of such Mortgage Loan or REO Mortgage Loan, as the case may be, immediately following the Distribution Date in such calendar month (or, in the case of May 2015, on a principal amount equal to the Cut-off Date Principal Balance of the particular Mortgage Loan).

  • As of any date of determination and with respect to each Mortgage Loan, a per annum rate equal to the sum of the Servicing Fee Rate, the Certificate Administrator Fee Rate (which fee rate accounts for the Trustee Fee), the Operating Advisor Fee Rate, the Asset Representations Reviewer Fee Rate and the CREFC® Intellectual Property Royalty License Fee Rate and, in the case of each Non-Serviced Mortgage Loan, the related Non-Serviced Primary Servicing Fee Rate.

  • As to each Mortgage Loan and REO Loan, the Trustee Fee shall accrue from time to time at the Trustee Fee Rate, the Certificate Administrator Fee shall accrue from time to time at the Certificate Administrator Fee Rate and both the Trustee Fee and Certificate Administrator Fee shall be computed on the basis of the Stated Principal Balance of such Mortgage Loan and a 360-day year consisting of twelve 30-day months.


More Definitions of Certificate Administrator Fee Rate

Certificate Administrator Fee Rate. The Certificate Administrator Fee shall be equal to the product of the rate equal to 0.00670% per annum and the Stated Principal Balance of the related Mortgage Loan (calculated in the same manner as interest is calculated on the related Mortgage Loan) or REO Loan (other than the portion of an REO Loan related to any Companion Loan) as of the preceding Distribution Date. The Certificate Administrator Fee includes the Trustee Fee.
Certificate Administrator Fee Rate. 0.0048% per annum.
Certificate Administrator Fee Rate. 0065% per annum. ----------------------------------
Certificate Administrator Fee Rate. With respect to each Mortgage Loan, a rate equal to [__]% per annum.]
Certificate Administrator Fee Rate. 0.0032% per annum.
Certificate Administrator Fee Rate. With respect to each Mortgage Loan, a rate equal to 0.00063% per annum.
Certificate Administrator Fee Rate shall have the meaning assigned to such term in the Securitization Servicing Agreement.