Ongoing Fee definition
Examples of Ongoing Fee in a sentence
The Asset Representations Reviewer Ongoing Fee shall be payable from amounts on deposit in the Collection Account as set forth in Section 3.06(a).
For the avoidance of doubt, no Asset Representations Reviewer Ongoing Fee is payable with respect to either Trust Subordinate Companion Loan.
For the avoidance of doubt, no Asset Representations Reviewer Ongoing Fee is payable with respect to a Trust Subordinate Companion Loan.
As compensation for its activities hereunder, the Trust Advisor shall be entitled to receive monthly the Trust Advisor Ongoing Fee on each Distribution Date with respect to each Serviced Mortgage Loan and any related successor REO Mortgage Loan prior to the Trust Advisor’s termination in accordance with Section 3.28(p).
For the avoidance of doubt, no Asset Representations Reviewer Ongoing Fee is payable with respect to the Trust Subordinate Companion Loan.