Fee Rate definition

Fee Rate means initially 0.25% per annum, which shall be subject to increase by 0.25% per annum for each Week in respect of which any Failure has occurred and is continuing.

Fee Rate means initially 0.25% per annum, which shall be subject to increase by 0.25% per annum for each Week in respect of which any Reporting Failure has occurred and is continuing.

Fee Rate means initially 0.25% per annum.

Examples of Fee Rate in a sentence

• The daily fee accruals will be computed by multiplying the fraction of one over the number of calendar days in the year by the Applicable Annual Fee Rate, and multiplying this product by the net assets of the Portfolio.

• In connection with such appointment and assumption, the Trustee may make such arrangements for the compensation of such successor out of payments on Mortgage Loans as it and such successor shall agree; provided, however, that in no case shall the rate of such compensation exceed the Servicing Fee Rate.

• The commitment fee shall be calculated quarterly in arrears, and if there is any change in the Applicable Fee Rate during any quarter, the actual daily amount shall be computed and multiplied by the Applicable Fee Rate separately for each period during such quarter that such Applicable Fee Rate was in effect.

• If the Trustee or an Affiliate acts pursuant to this Section 7.02 as successor to the terminated Master Servicer, it may reduce the Excess Servicing Fee Rate to the extent that the Trustee’s or such Affiliate’s compensation as successor Master Servicer would otherwise be below the market rate servicing compensation.

• Any fees paid to any such Special Servicer shall not exceed the Servicing Fee Rate.

More Definitions of Fee Rate

Fee Rate means the fee rate appli- cable to covered sales under section 31(b) or (c) of the Act (15 U.S.C. 78ee(b) or (c)), as adjusted from time to time by the Commission pursuant to section 31(j) of the Act (15 U.S.C. 78ee(j)).

Fee Rate means the aggregate of the rates at which fees are payable in connection with Series 2000-A (i.e., LIBO Margin (as set forth in the Fee Letter), the Servicing Fee of 1.00%, the Trustee's Fee of 0.02%, the Back-Up Servicer's Fee of 0.04%, the Increased Servicer Fee of 0.25%) and the rate at which the Insurer Fee due to the Series Support Provider are calculated, as set forth in the Premium Letter.

Fee Rate means 0.50 per cent. per annum; and

Fee Rate means the rate per day set out in Items 1 and 4 of Schedule 1;

Fee Rate has the meaning set forth in the Pricing Schedule.

Fee Rate. “EURODOLLAR MARGIN” and “ABR MARGIN” means, for any date, the rate set forth below in the row opposite such term and in the column corresponding to the “Status” on such date: STATUS LEVEL I LEVEL II LEVEL III LEVEL IV LEVEL V Fee Rate 0.15% 0.20% 0.25% 0.30%. 0.35% EuroDollar Margin 1.00% 1.25% 1.50% 1.75% 2.00% ABR Margin 0.00% 0.25% 0.50% 0.75% 1.00% For purposes of this Schedule, the following terms have the following meanings, subject to the concluding paragraph of this Schedule: “LEVEL I STATUS” exists at any date if, at such date, the Borrower’s credit rating is BBB+ or higher by S&P or Baa1 or higher by Xxxxx’x. “LEVEL II STATUS” exists at any date if, at such date, (i) the Borrower’s credit rating is BBB or higher by S&P or Baa2 or higher by Xxxxx’x and (ii) Level I Status does not exist. “LEVEL III STATUS” exists at any date if, at such date, (i) the Borrower’s credit rating is BBB- or higher by S&P or Baa3 or higher by Xxxxx’x and (ii) neither Level I Status nor Level II Status exists. “LEVEL IV STATUS” exists at any date if, at such date, (i) to Borrower’s credit rating is BB+ or higher by S&P or Ba1or higher by Xxxxx’x and (ii) none of Level I Status, Level II Status and Level III Status exists. “LEVEL V STATUS” exists at any date if, at such date, no other Status exists. “STATUS” refers to the determination of which of Level I Status, Level II Status, Level III Status, Level IV Status, or Level V Status exists at any date. The Eurodollar Margin, the ABR Margin and the Fee Rate shall be determined in accordance with the foregoing table based on the Borrower’s Status as of the last Business Day of the immediately preceding month. Adjustments, if any, to the Eurodollar Margin, the ABR Margin or the Fee Rate shall be effective from and after the first day of the first fiscal month immediately following such date until the first day of the first fiscal month immediately following the next such date. The credit ratings to be utilized for purposes of this Schedule are those assigned to the senior unsecured long-term debt securities of the Borrower without third-party credit enhancement, and any rating assigned to any other debt security of the Borrower shall be disregarded. The rating in effect at any date is that in effect at the close of business on such date. In the case of split ratings from S&P’s and Xxxxx’x, the rating to be used to determine which Status applies is the higher of the two; provided that if the split is more than one notch, a rat...

Fee Rate. Shall be the per annum percentage set forth on the Mortgage Loan Schedule.