Custodian Fee definition
Custodian Fee. As to any Distribution Date and each Mortgage Loan, an amount equal to the product of the Custodian Fee Rate and the outstanding Stated Principal Balance of such Mortgage Loan as of the first day of the related Due Period. “Custodian Fee Rate”: 0.002% per annum.
Custodian Fee means the portion of the Certificate Administrator Fee payable to the Custodian in an amount agreed to between the Custodian and the Certificate Administrator.
Custodian Fee. With respect to each Distribution Date, the product of (i) $0.20 and (ii) the number of Mortgage Loans.
Examples of Custodian Fee in a sentence
The Document Custodian’s entitlement to receive the Document Custodian Fee shall cease on the earlier to occur of: (i) its removal as Document Custodian pursuant to Section 13.5, (ii) its resignation as Document Custodian pursuant to Section 13.6 or (ii) the termination of this Agreement.
As compensation for its Document Custodian activities hereunder, the Document Custodian shall be entitled to a Document Custodian Fee pursuant to the provision of Sections 2.7 and 2.8, as applicable.
More Definitions of Custodian Fee
Custodian Fee means, for each Payment Date (in accordance with and subject to the Priority of Payments) an amount equal to $[***].
Custodian Fee means the fee payable to the Custodian for the services it provides to the Trust, which the Sponsor shall pay to the Custodian as a Sponsor-paid Expense.
Custodian Fee. The amount payable to the Custodian on each Distribution Date by the Trustee pursuant to Section 8.05 as compensation for all services rendered by it under the Custodial Agreement equal to $0.20 for each Mortgage File in the Custodian's possession corresponding a Mortgage Loan.
Custodian Fee means, with respect to any Payment Date, the greater of (A) the product of (i) one-twelfth of the Custodian Fee Rate and (ii) the Pool Balance as of the last day of the immediately preceding Collection Period and (B) $1000.
Custodian Fee means the fee payable to any Custodian for the services it provides to the Trust, which the Sponsor shall pay as a Sponsor-paid Expense.
Custodian Fee. If applicable, the annual fee payable to any Custodian, calculated and payable monthly on each Payment Date pursuant to Section 5.01(c)(i) hereof equal to the fee, if any, set forth in the Custodial Agreement.
Custodian Fee. The fees, expenses and indemnities set forth as such in the Collateral Agent and Custodian Fee Letter and as provided for in this Agreement or any other Transaction Document.