Fxxxxxx Mac Fee definition

Fxxxxxx Mac Fee means the fees due Fxxxxxx Mac under the Reimbursement Agreement for providing the Credit Enhancement, the Liquidity Facility and serving as Administrator.
Sample 1Sample 2
Fxxxxxx Mac Fee means the fee payable to Fxxxxxx Mac for providing the Credit Enhancement, the Liquidity Facility and for serving as Administrator and Pledge Custodian. Such fee shall be an amount equal to one-twelfth of 1.67% (one hundred sixty-seven basis points) times the Current Class A Certificate Balance, and shall be calculated on the basis of a 365/366 day year for the actual number of days elapsed. Such fee shall be payable as provided in Section 3.3 and shall accrue monthly based upon the Current Class A Certificate Balance as of the first day of each month. If an Administrator or Pledge Custodian other than Fxxxxxx Mac is appointed, Fxxxxxx Mac will allocate a portion of the Fxxxxxx Mac Fee to the payment of the fees of such substitute Administrator or Pledge Custodian. The Fxxxxxx Mac Fee does not include fees for extraordinary services of the Administrator or Pledge Custodian.
Sample 1Sample 2
Fxxxxxx Mac Fee means the fee payable to Fxxxxxx Mac for providing the Credit Enhancement, the Liquidity Facility and for serving as Administrator and Pledge Custodian. Such fee shall be an amount equal to one-twelfth of 0.67% (sixty-seven basis points) 1.67% (one hundred sixty-seven basis points) times the Current Class A Certificate Balance, and shall be calculated on the basis of a 360-day year of twelve (12) thirty (30) day months 365/366 day year for the actual number of days elapsed. Such fee shall be payable as provided in Section 3.3 and shall accrue monthly based upon the Current Class A Certificate Balance as of the first day of each month. If an Administrator or Pledge Custodian other than Fxxxxxx Mac is appointed, Fxxxxxx Mac will allocate a portion of the Fxxxxxx Mac Fee to the payment of the fees of such substitute Administrator or Pledge Custodian. The Fxxxxxx Mac Fee does not include fees for extraordinary services of the Administrator or Pledge Custodian.
Sample 1

Examples of Fxxxxxx Mac Fee in a sentence

  • The Series Certificate Agreement and the Reimbursement Agreement will provide for the payment to Fxxxxxx Mac of the Fxxxxxx Mac Fee.

  • The granting of any such request shall be subject to Fxxxxxx Mac’s re-pricing of the Fxxxxxx Mac Fee as determined by Fxxxxxx Mac in its sole discretion at such time.

  • Fxxxxxx Mac's obligation to pay hereunder is not subject to any rights of set-off, counterclaim or any other circumstances or conditions that would constitute a defense to payment hereunder, including the non-payment of the Fxxxxxx Mac Fee.

  • On the Series Expiration Date or as soon as practicable thereafter, the Bonds will be sold to the extent necessary to pay any accrued and unpaid expenses of the Series Pool (including, but not limited to, any unpaid Administrator Fee, Administrator Advances, Daily Administrator Advance Charges, Fxxxxxx Mac Fee, Servicing Fee and Remarketing Agent Fee).

Related to Fxxxxxx Mac Fee

  • Fxxxxxx Mac The Federal Home Loan Mortgage Corporation, or any successor thereto.

  • Xxxxxxx Mac The Federal Home Loan Mortgage Corporation, or any successor thereto.

  • Fxxxxx Mae The Federal National Mortgage Association, or any successor thereto.

  • Fxxxxx Mxx Federal National Mortgage Association or any successor thereto.

  • Xxxxxx Mae The Government National Mortgage Association, or any successor thereto.

  • Sxxxxxxx-Xxxxx means the Sxxxxxxx-Xxxxx Act of 2002.

  • Xxxxxxx Xxxxx means Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated.

  • Xxxxxx Xxxxxx “Xxxxx Xxxxxxxx”

  • Xxxxx Xxxxxxx Xxxxx Xxxxxxxx” ”Xxxxxxxxx Xxxxxxx” ”Xxxxx Xxxxxx”

  • Xxxxx Fargo means Xxxxx Fargo Bank, National Association, a national banking association.

  • Xxxxx Xxxxxx Xxxx Xxxxxx”

  • Xxxxxx Xxxxx Xxxx Xxxxxx”

  • Xxxxxx Xxxxxxx “Xxxxx Xxxxxxx”

  • Xxxxxxxx-Xxxxx means the Xxxxxxxx-Xxxxx Act of 2002.

  • Xxxxx Xxxxxxxx Xxxxxxxxx Xxxxxxx” ”Xxxxx Xxxxxx”

  • Xxxxxxx Xxxxxx xxxxx xxx Xxxxxx xx Xxxxxxx Xxxxxxxxxx.

  • Xxxxxxx Xxxx Xxxx Xxxxx”

  • Xxxx Xxxxxxx Xxxxxx Xxxxx” ”Xxxxxx Xxxxxx” ”Xxxxx Xxxxxxxx”

  • Xxxxxxxx Xxxxxx “Xxxxxxxxx Xxxx”

  • Xxxxxx Xxxxxxxx Xxx XxXxxx” ”Xxxx Xxxxx” ”Xxxxx Xxxxxxx” ”Xxxxx Xxxxxxxx” ”Xxxxxxxxx Xxxxxxx” ”Xxxxx Xxxxxx”

  • Xxxxxxx Xxxxxxx whose address and tax identification number shall be provided within five (5) days after this Settlement Agreement is fully executed by the Parties;

  • Xxxxx Xxxxxxxxx “Xxxx Xxxxxx” “X. Xxxx” “Xxxxxxx Xxxxx”

  • Xxxxxxxx Xxxx means the type of charge that a xxxxxxx has on somebody else’s goods when he does work on the goods. The xxxxxxx may keep the goods until he is paid for the work and if he is not paid he may sell them. A mechanic will have a xxxxxxx’x xxxx on your car if he does work on it at his garage. Any expression not described or defined in this agreement shall have the meaning given to it in the Credit Contracts and Consumer Finance Act 2003 unless the context requires otherwise. Unless the context prevents it, the singular shall include the plural and vice versa and one gender includes others to the effect that, for example, “he” includes “they”, “she” and “it”.

  • Xxxx Xxxxxxxx Xxxxx Xxxxxxxx”

  • Xxxxxx Xxxx “Xxx Xxxxxxx”

  • X.X. Xxxxxx shall have the meaning set forth in the preamble.