Guaranty Fee definition

Guaranty Fee. With respect to each Mortgage Loan in a Pool, a fee payable to the Guarantor for providing the Guaranty.

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Guaranty Fee. With respect to any Distribution Date and with respect to the Guaranteed Certificates, the fee payable to the Guarantor in respect of its services as Guarantor that accrues at the applicable Guaranty Fee Rate for such Guaranteed Certificates on a balance equal to the aggregate Certificate Principal Balance of the Class I-A Certificates immediately prior to such Distribution Date computed on the basis of a 360 day year and the actual number of days elapsed in the related Accrual Period.

Guaranty Fee shall have the meaning given in Section 2.02 of the Guaranty Agreement.

Examples of Guaranty Fee in a sentence

• If no Latest Issue Date is specified in this MBS Pricing Confirmation, then (a) if there is a change to the Guaranty Fee applicable to the next Conversion Period, a revised MBS Pricing Confirmation for this Contract will be sent to Lender; or (b) if there is no change to the Guaranty Fee, this MBS Pricing Confirmation will remain in effect until the expiration of the next Conversion Period, when the Guaranty Fee will again be subject to change upon agreement of the parties.

• The Guaranty Fee is fully earned upon the execution hereof and is non-refundable.

• If the loan is approved in the next fiscal year, the SBA Guaranty Fee may be different.

• In the event that a loan is prepaid in full prior to the date that a Subsequent Guaranty Fee is scheduled to be paid by the LENDER for such Loan, the Subsequent Guaranty Fee shall nevertheless become due and payable at the time that would have applied if such prepayment had not occurred.

• In its agreement with any replacement Primary Servicer, the Master Servicer may vary the allocation of the Spread for related Mortgage Loans among the Servicing Fee, Excess Spread and (but only with the consent of the Guarantor unless a Guarantor Event of Default has occurred and has not been cured) the Guaranty Fee.

More Definitions of Guaranty Fee

Guaranty Fee means, the monthly guarantee fee required to be paid by the Seller to ▇▇▇▇▇▇ ▇▇▇ pursuant to the Servicing Contract and the ▇▇▇▇▇▇ Mae Guide.

Guaranty Fee has the meaning set forth in Section 13.16(b).

Guaranty Fee is defined in Section 3.3.4.

Guaranty Fee shall have the meaning set forth in Section 9 hereof.

Guaranty Fee shall have the meaning provided in Section 10.06(ix).

Guaranty Fee has the meaning set forth in Section 11.16(c) of the Agreement.

Guaranty Fee means the quarterly fee equal to 0.5% of the principal amount of the Existing Program Loans or the Program Loans, as the case may be, payable to the Company under the Stock Purchase Programs or this Plan.