Guaranty Fee Rate definition

Guaranty Fee Rate. The per annum rate set forth in a side letter of the Guarantor, addressed to the Trustee, the Seller and the Master Servicer.
Sample 1Sample 2Sample 3
Guaranty Fee Rate. The applicable per annum rate for each class of Group I Certificates as specified in a side letter of Xxxxxx Xxx addressed to the Trustee and the Seller.
Sample 1
Guaranty Fee Rate. The per annum rate set forth in a side letter of the Guarantor, addressed to the Trustee, the Paying Agent, the Seller and the Master Servicer.
Sample 1

Examples of Guaranty Fee Rate in a sentence

  • Guaranty Fee Rate: The Issuer is required to remit a monthly guaranty fee to Ginnie Mae for each pool or loan package.

  • The Prospectus, Note, HUD Form 11705 and HUD Form 11706 are herein collectively referred to as the “Source Documents.” With respect to Characteristic 16., we recomputed the Servicing and Guaranty Fee Rate by subtracting the Certificate Rate (as set forth on the Prospectus) from the Mortgage Interest Rate (as set forth on the Note).


More Definitions of Guaranty Fee Rate

Guaranty Fee Rate. The per annum rate specified in Appendix 1 of the Commitment Letter used to calculate the Guaranty Fee.
Sample 1

Related to Guaranty Fee Rate

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

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

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

  • 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.

  • Program Fee Rate is defined in the Fee Letter.

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

  • 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”.

  • 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.

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

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

  • 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.

  • 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.”

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

  • 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.

  • 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 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.”

  • 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.

  • Subservicing Fee Rate The per annum rate designated on the Mortgage Loan Schedule as the "SUBSERV FEE".

  • Custodian Fee Rate As to any Distribution Date, the applicable Custodian Fee for such Distribution Date, converted to a per annum rate on (i) the aggregate Stated Principal Balance of the Mortgage Loans as of the first day of the related Interest Accrual Period and (ii) with respect to the Determination Date in May 2006 only, the portion of the Closing Date Deposit Amount allocable to principal (calculated on an actual/360 basis), but in no event shall the Custodian Fee Rate be less than 0.0035%.

  • Servicing Fee Rate With respect to each Mortgage Loan, 0.50% per annum.

  • Trustee Fee Rate 0.0025% per annum.

  • 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.

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

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