Loan Servicing Fee definition

Loan Servicing Fee has the meaning specified therefor in Section 2.06(d).
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Loan Servicing Fee shall have the meaning set forth in Section 11.15(e).
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Loan Servicing Fee means a monthly fee, paid to the Manager, not to exceed 0.5% (annualized) of the unpaid principal balance of any loan obligations being serviced by the Fund or by a third party on the Fund’s behalf, as calculated on the last day of each month by the Manager in its sole discretion.
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Examples of Loan Servicing Fee in a sentence

  • The Borrower shall pay a late fee equal to the Lender’s late fee, as published from time to time in the Loan Servicing Fee schedules, for any installment payment or other amount due hereunder that is not paid by the 15th of the month in which the payment is due.

  • The Standard Loan Servicing Fee Schedule is a monthly base servicing fee on each and every Loan in the amount of $15 per month per Lender; Servicer will be entitled to an additional $5 per month per Lender for a HELOC and/or Variable Loan; Loans over $600,000 are subject to an annual servicing fee of 0.075% of the unpaid principal balance of the Loan paid monthly (0.075% of $1,000,000 UPB divided by 12 equals $62.50 per month), or $15 per month per Lender, whichever is greater.

  • With respect to [***], the Loan Servicing Fee Rate applicable to such Loan shall be [***]% per annum.

  • The Loan Servicing Fee is applied in cases where the Loan term exceeds 12 (twelve) months.

  • The Borrower shall pay to the Agent a Loan Servicing Fee as set out on the Website and in the Borrower Loan Particulars.

  • EXHIBIT A SERVICING FEE Servicing Fee: For any Servicing Period, the Servicing Fee for [***] will be equal to the product of (a) the applicable Loan Servicing Fee Rate, (b) [***] during such Servicing Period and (c) a fraction, the numerator of which is the number of calendar days during such Servicing Period and the denominator of which is the number of days in the calendar year in which such Servicing Period began (i.e., 365 or 366).

  • From and after the Effective Date and until the Termination Date, the Administrative Borrower on behalf of the Borrowers shall pay to the Administrative Agent for the account of the Agents, a non-refundable loan servicing fee (the "Loan Servicing Fee") equal to $5,000 each month, which shall be deemed fully earned when paid and which shall be payable on the Effective Date and monthly in advance thereafter on the last Business Day of each calendar month commencing on December 31, 2018.

  • Loan Servicing Fee A fee payable to MONEDIUS by the Borrower on the monthly basis for so long and until the principal amount of the Loan Agreement/Agreements is repaid and any accrued Interest is paid to the Lender/Lenders in full, and the Borrower has performed all other financial obligations arising from or based on the Loan Agreement.


More Definitions of Loan Servicing Fee

Loan Servicing Fee means the loan servicing fees payable to the Manager equal to 0.25% per annum based on the outstanding principal amount of FMBs or other mortgage investments which are held by the Company or other entities to whom the Company has transferred such FMBs to facilitate financing.
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Loan Servicing Fee as defined in subsection 2.6(c).
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Loan Servicing Fee has the meaning set forth in Section 2.06(b).
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Loan Servicing Fee means the sum of Three Thousand and no/100 Dollars ($3,000.00) to be paid to Amresco, through Escrow Holder, subject to the terms and conditions provided herein.
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Loan Servicing Fee shall have the meaning ascribed to such term in Section 2.15 hereof.
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Loan Servicing Fee. As defined in Section 9.12.
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Related to Loan Servicing Fee

  • Master Servicing Fee As to any Distribution Date, an amount equal to one-twelfth the product of (a) the Master Servicing Fee Rate and (b) the outstanding principal balance of each Mortgage Loan. Master Servicing Fee Rate: 0.00% per annum.

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

  • Subservicing Fee As to any Mortgage Loan, the fee payable monthly to the related Subservicer (or, in the case of a Nonsubserviced Mortgage Loan, to the Master Servicer) in respect of subservicing and other compensation that accrues at an annual rate equal to the excess of the Mortgage Rate borne by the related Mortgage Note over the rate per annum designated on the Mortgage Loan Schedule as the "CURR NET" for such Mortgage Loan.

  • Servicing Fee means the fee payable to the Servicer for services rendered during each Collection Period, determined pursuant to Section 4.08 of the Sale and Servicing Agreement.

  • Primary Servicing Fee means, with respect to each Mortgage Loan and REO Mortgage Loan, the fee payable to the Primary Servicer pursuant to Section 3.01(c)(20) of this Agreement.

  • Monthly Servicing Fee shall have the meaning specified in subsection 3.01.

  • Special Servicing Fees shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing Agreement.

  • Excess Servicing Fee For each calendar month, as to each Mortgage Loan, the portion of the related Excess Servicing Fee Rate applicable to such month (determined in the same manner as the applicable Mortgage Rate determined for such Mortgage Loan for such month) multiplied by the Scheduled Principal Balance of such Mortgage Loan immediately before the Due Date occurring in such month, but prorated for the number of days during the calendar month for such Mortgage Loan for which interest actually accrues on such Mortgage Loan and only from collections on such Mortgage Loan.

  • Backup Servicing Fee means, as to each Distribution Date, $4,000; provided, however, that if the Backup Servicer becomes the successor Servicer, such fee shall no longer be paid.

  • Base Servicing Fee means the fee payable to the Servicer on each Distribution Date for services rendered during the related Collection Period, which shall be equal to one-twelfth of the Servicing Rate multiplied by the Pool Balance as of the close of business on the last day of the immediately preceding Collection Period or, with respect to the first Distribution Date, the Original Pool Balance.

  • Master Servicer Prepayment Charge Payment Amount The amounts payable by the Master Servicer pursuant to Section 2.03(b) in respect of any waived (or, with respect to subsequent changes of law, any unenforceable) Prepayment Charges.

  • Investor Servicing Fee means, with respect to any Distribution Date, an amount equal to the product of the Investor Servicing Fee Percentage and the Series Investor Interest on the first day of the Due Period related to such Distribution Date (or in the case of the first Distribution Date for the Series established hereby, the Series Initial Investor Interest).

  • Additional Servicing Fee means, for any Collection Period, if a successor Servicer has been appointed pursuant to Section 8.2 of the Sale and Servicing Agreement, the amount, if any, by which (i) the compensation payable to such successor Servicer for such Collection Period exceeds (ii) the Monthly Servicing Fee for such Collection Period.

  • Excess Servicing Fees With respect to each Mortgage Loan (including an REO Mortgage Loan), that portion of the Servicing Fee that accrues at a per annum rate equal to the Excess Servicing Fee Rate.

  • Master Servicing Fee Rate With respect to each Mortgage Loan, 0.25% per annum.

  • Supplemental Servicing Fee means, with respect to any Collection Period, all administrative fees, expenses and charges paid by or on behalf of Obligors, including late fees, prepayment fees and liquidation fees collected on the Receivables during such Collection Period but excluding any fees or expenses related to extensions.

  • Servicing Rate means 1.00% per annum.

  • Special Servicing Fee Rate With respect to each Specially Serviced Mortgage Loan and each REO Loan, 0.25% per annum.

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.