Custodial Fee definition

Custodial Fee means a fee payable by the Borrower to the Custodian as set forth in the Custodial Fee Letter.

Custodial Fee. The monthly fee paid to the Custodian for its services rendered, which will be paid by the Master Servicer from the Master Servicing Fee.

Custodial Fee. The monthly fee payable to the Custodian for its services rendered under the BONY Custodial Agreement as determined pursuant to a separate letter agreement between the Custodian and the Trustee.

Examples of Custodial Fee in a sentence

• The Custodian reserves the right to change all or part of the Custodial Fee Schedule at its discretion with 30 days advance notice.

• To secure this tax voucher for Long Form reclaims, a separate Custodial Fee will be deducted from the payment received at the USD equivalent of €15 based on the FX rate of the payment.IMPORTANT TAX VOUCHER INFORMATION To simplify the transmission of beneficial owner data, BNY Mellon now offers the Electronic Submission Portal ESP powered by GlobeTax.

• The Custodial Fee may be paid by the Contributor or Responsible Individual at account opening or subsequently with respect to any calendar year.

• The Custodian reserves the right to change the Custodial Fee, but will give at least 30 days written notice to the Responsible Individual.

• If the Custodial Fee is not paid at account opening or if it is not paid by the date in a given calendar year that the Custodian sets for collection of the Custodial Fee, the Custodian is authorized to deduct the Custodial Fee from the Xxxxxxxxx ESA Account when it is due, or, if earlier in a given calendar year, the date the Xxxxxxxxx ESA Account is closed.

More Definitions of Custodial Fee

Custodial Fee. With respect to each Mortgage Loan, the amount set forth on the related Funding Confirmation as the "Custodial Fee."

Custodial Fee. As defined in Section 6.11.

Custodial Fee. The fees and expenses as set forth in the Custodial Agreement.

Custodial Fee. The amount payable to the Custodian on each Distribution Date as compensation for all services rendered by it under the Custodial Agreement which amount shall equal one twelfth of the product of (i) the Custodial Fee Rate (without regard to the words “per annum”), multiplied by (ii) the aggregate Principal Balance of the Mortgage Loans (after giving effect to scheduled payments of principal due during the Due Period relating to the previous Distribution Date, to the extent received or advanced and prepayments collected during the Prepayment Period relating to the previous Distribution Date).

Custodial Fee. With respect to any Distribution Date, an amount equal to the product of (a) one-twelfth of the Custodial Fee Rate and (b) the sum of (i) the Stated Principal Balance of the Mortgage Loans as of the prior Distribution Date (or as of the Cut-off Date in the case of the first Distribution Date) and (ii) the Pre-Funding Amount.

Custodial Fee. With respect to each Repurchase, a fee payable to Purchaser by the related Seller in the amount set forth on the related Funding Confirmation, and remitted to Purchaser on the related Repurchase Date as a component of the related Repurchase Price .

Custodial Fee means the fee payable by the Sellers to the Custodian pursuant to the Custodial Agreement.