Guarantor Oversight Fee Rate definition

Guarantor Oversight Fee Rate means for each Distribution Date on or before the Guarantee Expiration Date, if there is a Majority Representative, a per annum rate equal to 0.0500%. For any Distribution Date, if there is not a Majority Representative, a per annum rate equal to (i) 0.0500% plus (ii) the lesser of (a) 0.3750% minus the Servicing Fee Rate and (b) 0.0750% minus (iii) the Collateral Administrator Fee Rate for such Distribution Date.
Sample 1Sample 2
Guarantor Oversight Fee Rate means for each Distribution Date on or before the Guarantee Expiration Date, if there is a Majority Representative, then an annualized rate equal to 0.05%. For any Distribution Date, if there is not a Majority Representative, an annualized rate equal to (i) 0.05% plus (ii) the lesser of (a) 0.375% minus the Servicing Fee Rate and (b) 0.075% minus (iii) the Collateral Administrator Fee Rate.
Sample 1
Guarantor Oversight Fee Rate means for each Distribution Date until and including the Guarantee Expiration Date, an annualized rate equal to 0.05%.
Sample 1

Related to Guarantor Oversight Fee Rate

  • Applicable Letter of Credit Fee Rate means the percentage rate per annum based on the Leverage Ratio then in effect according to the pricing grid on Schedule 1.1(A) below the heading “Letter of Credit Fee.”

  • Administrative Fee Rate The sum of the Servicing Fee Rate, the Trustee/Certificate Administrator Fee Rate and the CREFC® Licensing Fee Rate.

  • L/C Fee Rate means the Applicable Margin with respect to LIBOR Rate Loans.

  • Facility Fee Rate means a rate per annum determined in accordance with the Pricing Schedule.

  • Commitment Fee Rate has the meaning set forth in the definition of “Applicable Margin”.

  • Program Fee Rate is defined in the Fee Letter.

  • Applicable Commitment Fee Rate means the percentage rate per annum based on the Leverage Ratio then in effect according to the pricing grid on Schedule 1.1(A) below the heading “Commitment Fee.”

  • Unused Fee Rate means 0.50% per annum.

  • Applicable Utilization Fee Rate means, as of any date, the percentage rate per annum at which Utilization Fees accrue on all Revolving Credit Advances at such time as set forth in the Pricing Schedule.

  • Applicable Facility Fee Rate means, at any time, the percentage rate per annum at which Facility Fees are accruing on the Aggregate Commitment at such time as set forth in the Pricing Schedule.

  • Utilization Fee Rate means the percentage set forth in Schedule 1 hereto beside the then applicable Level.

  • Undrawn Fee Rate has the meaning set forth in the Fee Letter.

  • Letter of Credit Fee Rate means, with respect to a Letter of Credit, the annual percentage per annum indicated below the reference to “Letters of Credit” in the definition of “Applicable Margin” relevant to the period in respect of which determination is being made, as adjusted pursuant to the definition of “Applicable Margin”.

  • Administration Fee Rate The sum of (i) the Servicing Fee Rate, (ii) the Master Servicing Fee Rate and (iii) the Credit Risk Management Fee Rate.

  • 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.

  • Workout Fee Rate With respect to each Corrected Mortgage Loan, 1.00%.

  • Applicable Unused Commitment Fee Rate means 0.50% per annum.

  • Trustee Fee Rate 0.0025% per annum.

  • Expense Fee Rate As to each Mortgage Loan, a per annum rate equal to the sum of the Servicing Fee Rate and the Trustee Fee Rate.

  • Applicable Fee Rate means, at any time, the percentage rate per annum at which Commitment Fees are accruing on the unused portion of the Aggregate Commitment at such time as set forth in the Pricing Schedule.

  • Liquidation Fee Rate With respect to each Specially Serviced Mortgage Loan or REO Property as to which a Liquidation Fee is payable, 1.0%.

  • Operating Advisor Fee Rate With respect to each Interest Accrual Period, a rate equal to 0.00125% per annum with respect to each Mortgage Loan (or any successor REO Mortgage Loan with respect thereto).

  • Unused Commitment Fee Rate has the meaning given to such term in the Fee Letter.

  • Net Servicing Fee Rate means (a) so long as the Seller or The Bank of New York is the Servicer, 1.25% per annum and (b) if the Seller or The Bank of New York is no longer the Servicer, 2.0% per annum.

  • Insurance Fee Rate With respect to each Mortgage Loan insured by an Insurance Policy paid for by the lender, the per annum rate specified in the Mortgage Loan Schedule.

  • Applicable Unused Line Fee Margin means the per annum fee, from time to time in effect, payable in respect of Borrowers’ non-use of committed funds pursuant to Section 1.9(b), which fee is determined by reference to Section 1.5(a).