Ocwen Servicing Fee Rate definition

Ocwen Servicing Fee Rate. With respect to each Mortgage Loan, 0.015% per annum.
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Ocwen Servicing Fee Rate. The rate set forth in Schedule I hereto with respect to each Sub-serviced Mortgage Loan.
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Ocwen Servicing Fee Rate. The rate set forth in a separate letter agreement among Ocwen, the Depositor, the Trustee, the Master Servicer, the Securities Administrator and the Class CE-2 Certificateholder.
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Examples of Ocwen Servicing Fee Rate in a sentence

  • The right to receive the Servicing Fee (or, with respect to Ocwen, the Servicing Fee calculated using the Ocwen Servicing Fee Rate) may not be transferred in whole or in part except in connection with the transfer of all of the Servicer’s responsibilities and obligations under this Agreement to the extent permitted herein.

  • To the extent that the compensation of any successor to WFBNA or Ocwen is calculated using a rate exceeding the then-current rate used to calculate the WFBNA Servicing Fee Rate (as defined in the WFBNA Letter Agreement) or the Ocwen Servicing Fee Rate (as defined in the Ocwen Letter Agreement), each Holder of a Class A-IO-S Certificate hereby agrees to a decrease in the Excess Servicing Fee Rate in an amount equal to such excess.

  • SP WORK ON SITEThe Contractor shall erect all necessary signs, barricades, flashers and warning devices, all properly positioned for the control of traffic and the safe execution of the work.

  • As compensation for its activities hereunder, the Servicer shall be entitled to the Servicing Fee (or, for as long as Ocwen is the Servicer, the Servicing Fee calculated using the Ocwen Servicing Fee Rate) payable solely from payments of interest in respect of the Mortgage Loans, subject to Section 3.22.

  • To the extent that the compensation of any successor to WFBNA or Ocwen is calculated using a rate exceeding the then-current rate used to calculate the WFBNA Servicing Fee Rate or the Ocwen Servicing Fee Rate (as defined in the Ocwen Letter Agreement), each Holder of a Class A-IO-S Certificate hereby agrees to a decrease in the Excess Servicing Fee Rate in an amount equal to such excess.

  • To the extent that the compensation of any successor to the Servicer is calculated using a rate exceeding the then-current rate used to calculate the Ocwen Servicing Fee Rate (as defined in the Ocwen Side Letter), as the case may be, each Holder of a Class A-IO-S Certificate hereby agrees to a decrease in the Excess Servicing Fee Rate in an amount equal to such excess.

  • The right to receive the Servicing Fee (or, (i) with respect to Ocwen, the Servicing Fee calculated using the Ocwen Servicing Fee Rate and (ii) with respect to GMAC, the Servicing Fee calculated using the GMAC Servicing Fee Rate) may not be transferred in whole or in part except in connection with the transfer of all of the related Servicer’s responsibilities and obligations under this Agreement to the extent permitted herein.

  • As compensation for its activities hereunder, the Servicer shall be entitled to a Servicing Fee calculated at the Ocwen Servicing Fee Rate with respect to each Mortgage Loan serviced by the Servicer payable solely from payments of interest in respect of such Mortgage Loan, subject to Section 3.22 of this Agreement.

  • The right to receive the Servicing Fee (or, with respect to Ocwen, the Servicing Fee calculated using the Ocwen Servicing Fee Rate) may not be transferred in whole or in part except as set forth in Section 3.25 (for so long as Ocwen is the Servicer) or in connection with the transfer of all of the Servicer’s responsibilities and obligations under this Agreement to the extent permitted herein.

  • As compensation for its activities hereunder, Wxxxx Fargo shall be entitled to the Servicing Fee calculated at the Servicing Fee Rate and Ocwen shall be entitled to a Servicing Fee calculated at the Ocwen Servicing Fee Rate with respect to each Mortgage Loan serviced by such Servicer payable solely from payments of interest in respect of such Mortgage Loan, subject to Section 3.22 of this Agreement.


More Definitions of Ocwen Servicing Fee Rate

Ocwen Servicing Fee Rate. With respect to each Ocwen Mortgage Loan, 0.10% per annum; provided, however, that with respect to the Mortgage Loans listed on Schedule 7 attached hereto, for the first Distribution Date, the Ocwen Servicing Fee Rate shall be equal to 0.50% per annum.
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Related to Ocwen Servicing Fee Rate

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

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

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

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

  • Primary Servicing Fee Rate means, with respect to each Mortgage Loan, the rate that corresponds to such Mortgage Loan set forth on Exhibit A hereto under the heading “Primary Servicing Fee.”

  • 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.

  • Excess Servicing Fee Rate The rate of 0.0% per annum with respect to each Mortgage Loan.

  • Servicing Fee Percentage With respect to each Mortgage Loan, the percentage specified on the Servicer Mortgage Loan Schedule.

  • Series Servicing Fee Percentage means 2.0%.

  • 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.

  • Trustee Fee Rate 0.0025% per annum.

  • 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%.

  • 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.

  • Operating Advisor Fee Rate With respect to each Interest Accrual Period, a rate equal to 0.00125% per annum with respect to each Mortgage Loan (or any successor REO Mortgage Loan with respect thereto).

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

  • Certificate Administrator Fee Rate 0.0031% 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%.

  • 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.

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

  • Program Fee Rate is defined in the Fee Letter.

  • 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.

  • Trustee/Certificate Administrator Fee Rate With respect to each Mortgage Loan, a rate equal to 0.0055% per annum.

  • Excess Servicing Fee Right With respect to each Mortgage Loan (including an REO Mortgage Loan with respect thereto), the right to receive Excess Servicing Fees. In the absence of any transfer of the Excess Servicing Fee Right, the Master Servicer shall be the owner of such Excess Servicing Fee Right.

  • Indenture Trustee Fee Rate means the per annum rate at which the Indenture Trustee Fee is calculated.

  • 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.

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