Grantor Trustee Fee definition

Grantor Trustee Fee. With respect to any Payment Date, the fee payable to the Grantor Trustee pursuant to Section 6.04 as compensation for its activities hereunder.
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Grantor Trustee Fee. As to any Payment Date, $0.00.
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Grantor Trustee Fee. The fee payable monthly on each Payment Date under the Pooling and Servicing Agreement as the "Trustee Fee" shall be deemed to include any fee payable to the Grantor Trustee.
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Examples of Grantor Trustee Fee in a sentence

  • The Grantor Trustee shall be entitled to be paid the Grantor Trustee Fee pursuant to Section 5.01(c) of the Sale and Servicing Agreement.

  • The Grantor Trustee acknowledges and agrees that the Grantor Trustee Fee constitutes reasonable compensation for its activities as Grantor Trustee hereunder.

  • The Trustee acknowledges and agrees that the Grantor Trustee Fee constitutes reasonable compensation for its activities as Grantor Trustee hereunder.

  • The expenses of the Trust, including (i) the fees of the Grantor Trustee (including any portion of the Grantor Trustee Fee not paid pursuant to Section 7.03(b) hereof), (ii) any reasonable expenses of the Grantor Trustee, and (iii) any other expenses of the Trust that have been reviewed by ContiMortgage, which review shall not be required in connection with the enforcement of a remedy by the Grantor Trustee resulting from a default under this Agreement, shall be paid directly by ContiMortgage.

  • The Grantor Trustee shall be entitled to be paid the Grantor Trustee Fee pursuant to Section 5.10(c) of the Sale and Servicing Agreement.

Related to Grantor Trustee Fee

  • Owner Trustee Fee means an annual fee equal to $3,000, payable on the Payment Date occurring in August of each year, commencing in August 2024.

  • Trustee Fee As to any Distribution Date, an amount equal to one-twelfth of the Trustee Fee Rate multiplied by the Pool Stated Principal Balance with respect to such Distribution Date.

  • Indenture Trustee Fee means a fee that is separately agreed to between the Master Servicer and the Indenture Trustee.

  • Trustee Fees The amount or amounts set forth in the Trustee Fee Letter.

  • U.S. Trustee Fees means fees arising under 28 U.S.C. § 1930(a)(6) and, to the extent applicable, accrued interest thereon arising under 31 U.S.C. § 3717.

  • Trustee/Certificate Administrator Fee With respect to each Mortgage Loan and for any Distribution Date, an amount accrued during the related Interest Accrual Period at the Trustee/Certificate Administrator Fee Rate on, in the case of the initial Distribution Date, the Cut-Off Date Balance of such Mortgage Loan and, in the case of any subsequent Distribution Date, the Stated Principal Balance of such Mortgage Loan as of the close of business on the Distribution Date in the related Interest Accrual Period; provided that such amounts shall be computed for the same period and on the same interest accrual basis respecting which any related interest payment due or deemed due on the related Mortgage Loan is computed and shall be prorated for partial periods. For the avoidance of doubt, the Trustee/Certificate Administrator Fee shall be payable from the Lower-Tier REMIC.

  • Bond Trustee Fee Agreement means the agreement entered into between the Issuer and the Bond Trustee relating among other things to the fees to be paid by the Issuer to the Bond Trustee for its obligations relating to the Bonds.

  • Noteholder Servicing Fee is defined in Section 3.1.

  • Indenture Trustee Fee Rate means the per annum rate at which the Indenture Trustee Fee is calculated.

  • Note A-4 Trust Fund means the trust formed pursuant to the Note A-4 PSA.

  • Certificate Administrator Fee With respect to each Mortgage Loan and the beneficial interest of the Trust Fund in each REO Mortgage Loan, the fee designated as such and payable to the Certificate Administrator pursuant to Section 8.05(a). The Certificate Administrator Fee includes the Tax Administrator Fee and the Trustee Fee, each of which shall be paid by the Certificate Administrator as provided herein.

  • Grantor Trust means a Trust other than a RIC.

  • Trustee/Certificate Administrator Fee Rate With respect to each Mortgage Loan, a rate equal to 0.0055% per annum.

  • Class C Trustee Class D Certificate" and "Class D Trust", shall have the respective meanings assigned to such terms in the Intercreditor Agreement.

  • Securities Administrator Fee With respect to any Distribution Date, an amount equal to the product of (a) one-twelfth of the Securities Administrator Fee Rate and (b) the Stated Principal Balance of the Mortgage Loans as of the prior Distribution Date (or as of the Cut-off Date in the case of the first Distribution Date).

  • Class A-3 Certificateholder The registered holder of a Class A-3 Certificate.

  • Indenture Trust Estate means all money, instruments, rights and other property that are subject or intended to be subject to the lien and security interest of the Indenture for the benefit of the Noteholders (including all Collateral Granted to the Indenture Trustee), including all proceeds thereof.

  • Class A Servicing Fee shall have the meaning specified in Section 3.01.

  • Grantor Trust Certificates Any class of commercial mortgage pass-through certificates issued under this Agreement that is designated as evidencing an interest in the Grantor Trust. The Class S Certificates and the Class VRR Certificates shall be the only Classes of Grantor Trust Certificates issued under this Agreement.

  • Grantor Trust Provisions Subpart E of part I of subchapter J of the Code and Treasury Regulations Section 301.7701-4(c).

  • Class A-4 Certificateholder The registered holder of a Class A-4 Certificate.

  • Special Servicing Fee shall have the meaning given to such term in the Servicing Agreement.

  • Note A-3 Trust Fund means the trust formed pursuant to the Note A-3 PSA.

  • Class A-PO Certificateholder The registered holder of a Class A-PO Certificate.

  • Certificateholders' Principal Distributable Amount means, with respect to any Distribution Date, an amount equal to zero until the outstanding principal amount of each Class of Notes has been reduced to zero, and thereafter, an amount equal to the Principal Distribution Amount (as reduced by the Noteholders’ Principal Distributable Amount, if any for such Distribution Date) for such Distribution Date.

  • Class B Servicing Fee shall have the meaning specified in Section 3.01.