Indenture Trustee Fee definition

Indenture Trustee Fee means an annual fee equal to $5,000, payable on the Payment Date occurring in June of each year, commencing in 2017.

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

Indenture Trustee Fee means a monthly fee equal to 1/12th of $15,000, payable on each Payment Date.

Examples of Indenture Trustee Fee in a sentence

• The Trust will pay the Indenture Trustee as compensation for performing its obligations under this Indenture the Indenture Trustee Fee.

• The Indenture Trustee Fee and the Asset Representations Reviewer Fee shall be paid directly by the Administrator, on behalf of the Issuer, and the Asset Representations Reviewer Annual Fee shall be paid directly by the Servicer, on behalf of the Issuer, and, in each case, if not promptly paid thereby, from Available Monies and in accordance with the priorities described in Section 7.05(a) and Section 7.05(b), as applicable.

• No recourse may be had to the Seller, the Trust Depositor, the Trustees, the Servicer, or any of their respective Affiliates in the event that amounts available under Section 7.05(a) or Section 7.05(b), as applicable, are insufficient for payment of the Monthly Servicing Fee and any Indenture Trustee Fee or Asset Representations Reviewer Fee not paid by the Administrator.

• The Indenture Trustee shall be paid the Indenture Trustee Fee, the Asset Representations Reviewer shall be paid the Asset Representations Reviewer Annual Fee and the Asset Representations Reviewer Fee and the Servicer shall be paid the Monthly Servicing Fee.

More Definitions of Indenture Trustee Fee

Indenture Trustee Fee. With respect to each Mortgage Loan and any Payment Date the product of (i) the Indenture Trustee Fee Rate divided by 12 and (ii) the Principal Balance of such Mortgage Loans as of such date.

Indenture Trustee Fee means, with respect to any Distribution Date, one-twelfth of the product of 0.00225% and the Principal Balance of the Contracts as of the beginning of the related Due Period; provided, however, in no event shall such fee be less than $200.00 per month.

Indenture Trustee Fee means for each Payment Date, the sum of (A) $875.00 and (B) until the Indenture Trustee shall become the successor Servicer, the greater of (i) the product of one-twelfth of 0.021% and the Aggregate Loan Balance as of the first day of the related Due Period and (ii) $1,500.00.

Indenture Trustee Fee. RATE: _____% per annum.

Indenture Trustee Fee means, as to each Distribution Date, $6,000, which, prior to the Assumption Date, if any, shall include the Backup Servicing Fee.

Indenture Trustee Fee. As to any Payment Date, the fee payable to the Indenture Trustee in respect of its services as Indenture Trustee pursuant to Section 6.16 of the Indenture as set forth in a separate fee agreement.

Indenture Trustee Fee means, for each Payment Date (in accordance with and subject to the Priority of Payments) an amount equal to $[***].