Designated Pool Servicing Fee definition

Designated Pool Servicing Fee means, with respect to any Designated Pool, the meaning specified in the related Servicing Supplement.
Sample 1Sample 2Sample 3
Designated Pool Servicing Fee has the meaning set forth in Section 2.7 of the 2016-3 Servicing Supplement.
Sample 1Sample 2
Designated Pool Servicing Fee has the meaning set forth in Section 2.7 of the 2016-2 Servicing Supplement.
Sample 1Sample 2

Related to Designated Pool Servicing Fee

  • Servicing Fee As to any Distribution Date and each Mortgage Loan, an amount equal to the product of (a) one-twelfth of the Servicing Fee Rate and (b) the outstanding principal balance of such Mortgage Loan as of the first day of the related Collection Period.