Default Supplemental Fee Rate definition

Default Supplemental Fee Rate. As defined in the related Indenture Supplement, if applicable.

Default Supplemental Fee Rate means, with respect to the Series 2017-VF1 Notes, [***]% per annum.

Default Supplemental Fee Rate means, with respect to the Series 2020-VF1 Notes, [***]%, per annum.

Examples of Default Supplemental Fee Rate in a sentence

• For each Payment Date and each Class of Notes, any portion of the Default Supplemental Fee or Cumulative Default Supplemental Fee Shortfall Amount for that Class for a previous Payment Date that has not been paid, plus accrued and unpaid interest at the applicable Note Interest Rate plus the Default Supplemental Fee Rate on such shortfall from the Payment Date on which the shortfall first occurred through the current Payment Date.

• On each Payment Date and for each Class of Notes, any portion of the Default Supplemental Fee or Cumulative Default Supplemental Fee Shortfall Amount for that Class for a previous Payment Date that has not been paid, plus accrued and unpaid interest at the applicable Note Interest Rate plus the Default Supplemental Fee Rate on such shortfall from the Payment Date on which the shortfall first occurred through the current Payment Date.

• Cumulative Default Supplemental Fee Shortfall Amount: For each Payment Date and each Class of Notes, any portion of the Default Supplemental Fee or Cumulative Default Supplemental Fee Shortfall Amount for that Class for a previous Payment Date that has not been paid, plus accrued and unpaid interest at the applicable Note Interest Rate, plus the Default Supplemental Fee Rate on such shortfall from the Payment Date on which the shortfall first occurred through the current Payment Date.

More Definitions of Default Supplemental Fee Rate

Default Supplemental Fee Rate means [****]% per annum.

Default Supplemental Fee Rate has the meaning assigned to such term in the Pricing Side Letter.

Default Supplemental Fee Rate means, with respect to the Series 2020-SPIADVF1 Notes, 3.00% per annum.

Default Supplemental Fee Rate means, with respect to each Class of Series 2019-T2 Notes, 3.00% per annum.

Default Supplemental Fee Rate means, with respect to each Class of Series 2016-T3 Notes, 3.00% per annum.

Default Supplemental Fee Rate means, with respect to the Series 20[ ]-[ ] Notes, [ ]% per annum.

Default Supplemental Fee Rate means, with respect to the Series 2016-MSRVF1 Notes, 3.00% per annum.