Credit Risk Management Fee. The amount payable to the Credit Risk Manager on each Distribution Date as compensation for all services rendered by it in the exercise and performance of any and all powers and duties of the Credit Risk Manager under the Credit Risk Management Agreements, which amount shall equal one twelfth of the product of (i) the Credit Risk Management Fee Rate multiplied by (ii) the Stated Principal Balance of the Mortgage Loans and any related REO Properties as of the first day of the related Due Period.
Credit Risk Management Fee. As to each Mortgage Loan and any Distribution Date, an amount equal to 1/12th of the Credit Risk Management Fee Rate multiplied by the Stated Principal Balance of such Mortgage Loan as of the last day of the related Due Period. The Credit Risk Management Fee shall be payable to the Credit Risk Manager and/or the Seller pursuant to Section 4.07(a)(vii) and 4.08(b). CREDIT RISK MANAGEMENT FEE RATE: 0.015% per annum.
Credit Risk Management Fee. The amount payable to the Credit Risk Manager on each Distribution Date as compensation for all services rendered by it in the exercise and performance of any and all powers and duties of the Credit Risk Manager under any Credit Risk Management Agreement, which amount shall equal one twelfth of the product of (i) the Credit Risk Management Fee Rate multiplied by (ii) the Scheduled Principal Balance of the Loans and any related REO Properties as of the first day of the related Due Period. Credit Risk Management Fee Rate: 0.009% per annum. Credit Risk Manager: Xxxxxxx Fixed Income Services Inc., a Colorado corporation formerly known as The Murrayhill Company, and its successors and assigns.
Examples of Credit Risk Management Fee in a sentence
After the expiration of such one year period, the Credit Risk Manager shall not be entitled to the Credit Risk Management Fee or any portion thereof with respect to any Mortgage Loan.
The excess of the Credit Risk Management Fee with respect to each Mortgage Loan over the amount payable to the Credit Risk Manager as described in this paragraph shall be paid to the Sponsor pursuant to Section 5.04(a).
The excess of the Credit Risk Management Fee with respect to each Mortgage Loan over the amount payable to the Credit Risk Manager as described in this paragraph shall be paid to the Seller pursuant to Section 5.04(a).
The excess of the Credit Risk Management Fee with respect to each Mortgage Loan over the amount payable to the Credit Risk Manager as described in this paragraph shall be paid to the Seller pursuant to Section 4.07(a)(vii).
The exess of the Credit Risk Management Fee with respect to each Mortgage Loan over the amount payable to the Credit Risk Manager as described in this paragraph shall be paid to the Holder of the Class CE Certificate pursuant to Section 4.07(a)(vii).
More Definitions of Credit Risk Management Fee
Credit Risk Management Fee. The amount payable to the Credit Risk Manager on each Distribution Date as compensation for all services rendered by it in the exercise and performance of any and all powers and duties of the Credit Risk Manager under any Credit Risk Management Agreement, which amount shall equal one twelfth of the product of (i) the Credit Risk Management Fee Rate multiplied by (ii) the aggregate of the Scheduled Principal Balance of each Loan and any related REO Properties as of the first day of the related Due Period. Credit Risk Management Fee Rate: 0.009% per annum. Credit Risk Manager: Xxxxxxx Fixed Income Services Inc., a Colorado corporation, and its successors and assigns.
Credit Risk Management Fee. As to each Mortgage Loan and any Distribution Date, an amount equal to one twelfth of the product of the Credit Risk Management Fee Rate multiplied by the Scheduled Principal Balance of the Mortgage Loans as of the Due Date in the preceding calendar month.
Credit Risk Management Fee. As to each Mortgage Loan and any Distribution Date, an amount equal to 1/12th of the Credit Risk Management Fee Rate multiplied by the Stated Principal Balance of such Mortgage Loan as of the last day of the related Due Period. The Credit Risk Management Fee shall be payable to the Credit Risk Manager and/or the Sponsor pursuant to Section 3.32(a)(vii) and 3.33(b). Credit Risk Management Fee Rate: 0.005% per annum. Credit Risk Manager: Portfolio Surveillance Analytics, LLC, a New York limited liability company, and its successors and assigns..
Credit Risk Management Fee. The amount payable to the Credit Risk Manager on each Distribution Date as compensation for all services rendered by it in the exercise and performance of any and all powers and duties of the Credit Risk Manager under any Credit Risk Management Agreement, which amount shall equal one twelfth of the product of (i) the Credit Risk Management Fee Rate multiplied by (ii) the aggregate of the Scheduled Principal Balance of each Loan and any related REO Properties as of the first day of the related Due Period. Credit Risk Management Fee Rate: 0.009% per annum. Credit Risk Manager: Xxxxxxx Fixed Income Services Inc., a Colorado corporation, and its successors and assigns. Credit Support Annex: The credit support annex to the Derivative Agreements dated as of February 28, 2007, between the Trustee, not in its individual capacity, but solely as Trustee for the Supplemental Interest Trust, and the Derivative Providers.
Credit Risk Management Fee. The amount payable to the Credit Risk Manager on each Distribution Date as compensation for all services rendered by it in the exercise and performance of any and all powers and duties of the Credit Risk Manager under any Credit Risk Management Agreement, which amount shall equal one twelfth of the product of (i) the Credit Risk Management Fee Rate multiplied by (ii) the Scheduled Principal Balance of the Loans and any related REO Properties as of the first day of the related Due Period. Credit Risk Management Fee Rate: [_____]% per annum. Credit Risk Manager: [Name of Credirt Risk Manager], and its successors and assigns.
Credit Risk Management Fee. As to each Mortgage Loan and any Distribution Date, an amount equal to 1/12th of the Credit Risk Management Fee Rate multiplied by the Stated Principal Balance of such Mortgage Loan as of the last day of the related Due Period. The Credit Risk Management Fee shall be payable to the Credit Risk Manager and/or the Sponsor pursuant to Section 3.32(a)(vii) and 3.33(b). Credit Risk Management Fee Rate: 0.005% per annum. Credit Risk Manager: Portfolio Surveillance Analytics, LLC, a California limited liability company, and its successors and assigns.
Credit Risk Management Fee. As to each Mortgage Loan and any Distribution Date, an amount equal to 1/12th of the Credit Risk Management Fee Rate multiplied by the Stated Principal Balance of such Mortgage Loan as of the last day of the related Due Period. The Credit Risk Management Fee shall be payable to the Credit Risk Manager and/or the Seller pursuant to Section 3.32(a)(vii) and 3.33(b). Credit Risk Management Fee Rate: 0.015% per annum. Credit Risk Manager: Xxxxxxx Fixed Income Services Inc. (formerly known as The Murrayhill Company), a Colorado corporation, and its successors and assigns.