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. With respect to each Mortgage Loan, the amount set forth on the related Funding Confirmation as the "Custodial Fee."
Examples of Custodial Fee in a sentence
On each Payment Date, the Borrower shall pay the Custodial Fee to the Custodian.
More Definitions of Custodial Fee
Custodial Fee. As defined in Section 6.11.
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.
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. The fees and expenses as set forth in the Custodial Agreement.
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. The monthly fee payable to the Custodian for its services rendered under the BONY Custodial Agreement calculated at the Custodial Fee Rate of the outstanding Principal Balance of each Mortgage Loan as of the first day of the related Due Period.
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 .