Examples of Master Servicing Fee Rate in a sentence
References to the Master Servicing Fee shall be references to the Primary Servicing Fee and references to the Master Servicing Fee Rate shall be references to the Primary Servicing Fee Rate.
The Trustee shall determine the Master Servicing Fee Rate applicable to a Successor Master Servicer (other than the Trustee in such capacity), such Master Servicing Fee Rate not to exceed the Maximum Master Servicing Fee Rate.
Section 11.26 Master Servicing Fee Rate................................
The Master Servicer and each Servicer shall deposit in the related Collection Account as Advances an amount equal to all Scheduled Payments (with interest at the Mortgage Rate less the Servicing Fee Rate and any applicable Master Servicing Fee Rate) which were due on the Mortgage Loans serviced by it during the applicable Collection Period and which were delinquent at the close of business on the immediately preceding Determination Date.
The Master Servicer will be entitled to the sum of (i) the Master Servicing Fee Rate multiplied by the Scheduled Principal Balance of each related Mortgage Loan as of the Due Date in the month preceding the month in which the related Distribution Date occurs (the "Master Servicing Fee") and (ii) all income and gain realized from any investment of funds in the Distribution Account with respect to the related Distribution Date (clauses (i) and (ii) collectively, the "Master Servicing Compensation").