PMI Insurer Fee definition

PMI Insurer Fee. The amount payable to the PMI Insurer on each Distribution Date, which amount shall equal one twelfth of the product of (i) the PMI Insurer Fee Rate, multiplied by (ii) the aggregate Stated Principal Balance of the PMI Mortgage Loans and any related REO Properties as of the first day of the related Due Period.
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PMI Insurer Fee. The amount payable to the PMI Insurer on each Distribution Date, which amount shall equal the PMI Insurer Fee Rate accrued on the aggregate Stated Principal Balance of the PMI Mortgage Loans and any related REO Properties as of the first day of the related Due Period (after giving effect to scheduled payments of principal due during the Due Period relating to the previous Distribution Date, to the extent received or advanced) plus any applicable premium taxes on PMI Mortgage Loans located in West Virginia and Kentucky.
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PMI Insurer Fee. The amount payable to the PMI Insurer on each Distribution Date, which amount shall equal one twelfth of the product of (i) the PMI Insurer Fee Rate, multiplied by (ii) the aggregate Stated Principal Balance of the PMI Mortgage Loans and any related REO Properties as of the first day of the related Due Period plus any applicable premium taxes on the PMI Mortgage Loans located in the States of West Virginia and Kentucky.
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Examples of PMI Insurer Fee in a sentence

  • On each Distribution Date, the Trustee shall pay to the PMI Insurer the PMI Insurer Fee for such Distribution Date from the amounts on deposit in the Distribution Account prior to making any distributions to the Certificateholders.

  • The Trustee shall withdraw from the Distribution Account on each Distribution Date and pay to the PMI Insurer the PMI Insurer Fee in accordance with the terms of the PMI Policy.

  • On each Servicer Remittance Date, the Servicer shall pay to the PMI Insurer the PMI Insurer Fee for such Distribution Date from the amounts on deposit in the Collection Account prior to transferring any amounts in the Collection Account to the Trustee for deposit into the Distribution Account.

  • The Trustee shall withdraw from the Distribution Account on each Distribution Date and pay to the PMI Insurer the PMI Insurer Fee in accordance with this Agreement.

  • The Trustee shall withdraw from the Distribution Account on each Distribution Date and pay to the related PMI Insurer the related PMI Insurer Fee in accordance with the terms of the related PMI Policy.

  • The Master Servicer shall withdraw from the Collection Account on each Distribution Date and pay to the PMI Insurer the PMI Insurer Fee in accordance with the terms of the PMI Policy.

  • At one stage we think we had around 186 observers, which may be a record for an Employment Tribunal hearing.

  • On each Distribution Date, prior to distributions being made on the Certificates in accordance with the priorities set forth in Section 4.02, the Trustee shall withdraw from the Distribution Account and remit to the PMI Insurer the PMI Insurer Fee due on such Distribution Date.

  • The Paying Agent shall withdraw from the Distribution Account on each Distribution Date and pay to the PMI Insurer the PMI Insurer Fee in accordance with the terms of the PMI Policy.

  • The Paying Agent shall withdraw from the Distribution Account on each Distribution Date and pay to the related PMI Insurer the related PMI Insurer Fee in accordance with the terms of the related PMI Policy.


More Definitions of PMI Insurer Fee

PMI Insurer Fee. The amount payable to the PMI Insurer on each Distribution Date pursuant to Section 3.22, which amount shall equal one twelfth of the product of (i) the PMI Insurer Fee Rate, multiplied by (ii) the aggregate Stated Principal Balance of the related PMI Mortgage Loans and any related REO Properties as of the first day of the related Due Period (after giving effect to scheduled payments of principal due during the Due Period relating to the previous Distribution Date, to the extent received or advanced) plus any applicable premium taxes on related PMI Mortgage Loans located in West Virginia and Kentucky.
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PMI Insurer Fee. The premium payable to the PMI Insurer on each Distribution Date pursuant to Section 3.27, which amount shall equal one twelfth of the product of (i) the PMI Insurer Fee Rate (without regard to the words “per annum”), multiplied by (ii) the aggregate Stated Principal Balance of the Covered Mortgage Loans and any related REO Properties as of the first day of the related Due Period (after giving effect to scheduled payments of principal due during the Due Period relating to the previous Distribution Date, to the extent received or advanced) plus any applicable premium taxes on Covered Mortgage Loans located in West Virginia and Kentucky.
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PMI Insurer Fee. The amount payable to the PMI Insurer on each Distribution Date, which amount with respect to each PMI Mortgage Loan shall equal one twelfth of the product of (i) the PMI Insurer Fee Rate, multiplied by (ii) the Principal Balance of the related PMI Mortgage Loans or any related REO Property as of the first day of the month for which the PMI Insurer Fee is calculated plus any applicable premium taxes on the PMI Mortgage Loans located in the States of West Virginia and Kentucky and Florida’s Hurricane Assessment fee.
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PMI Insurer Fee. The amount payable to the PMI Insurer on each Distribution Date, which amount shall be calculated for each Distribution Date by (i) calculating, for each PMI Mortgage Loan, one twelfth of the product of (A) the PMI Insurer Fee Rate, and (B) the Stated Principal Balance of the applicable PMI Mortgage Loan or the related REO Property as of the first day of the related Due Period, (ii) summing the results of the calculation in clause (i), and (iii) adding the amount of any West Virginia and Kentucky state taxes associated with such PMI Insurer Fees.
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PMI Insurer Fee. The premium payable to each PMI Insurer on each Distribution Date pursuant to Section 3.27, which amount shall equal one twelfth of the product of (i) the related PMI Insurer Premium Rate (without regard to the words “per annum”), multiplied by (ii) the aggregate Stated Principal Balance of the related PMI Mortgage Loans and any related REO Properties as of the first day of the related Due Period (after giving effect to scheduled payments of principal due during the Due Period relating to the previous Distribution Date, to the extent received or advanced).
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PMI Insurer Fee. RATE: 0.93% per annum.
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Related to PMI Insurer Fee

  • PMI Insurer Any Qualified Insurer issuing a PMI Policy with respect to the Mortgage Loans.

  • LPMI Fee With respect to each LPMI Loan, the portion of the Mortgage Interest Rate as set forth on the related Mortgage Loan Schedule (which shall be payable solely from the interest portion of Monthly Payments, Insurance Proceeds, Condemnation Proceeds or Liquidation Proceeds), which, during such period prior to the required cancellation of the LPMI Policy, shall be used to pay the premium due on the related LPMI Policy.

  • Servicer Fee has the meaning specified in Section 2.05(a).

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

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

  • Insurance Amount has the meaning set forth in Section 6.08(c).

  • Certificate Insurance Policy The Certificate Guaranty Insurance Policy No. AB1094BE, dated the Closing Date, including any endorsements thereto issued by the Certificate Insurer to the Trustee for the benefit of the Holders of the Insured Certificates, a form of which is attached as Exhibit L hereto.

  • 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.

  • Mortgage Policy has the meaning specified in Section 4.01(a)(iv)(B).

  • User Fee means all charges, costs, fees, tariff and other amounts by whatever name called, collected by the Developer from the users, pursuant to this Agreement, for usage of the Project.

  • Arranger Fee means a fee charged by the Arranger in relation to each Series of ETP Securities, as modified by the Arranger from time to time, as set out in the Base Prospectus of the Issuer.

  • Special Primary Insurance Premium With respect to any Special Primary Insurance Policy, the monthly premium payable thereunder. Statutory Trust Statute: Chapter 38 of Title 12 of the Delaware Code, 12 Del.C. §3801 et seq., as the same may be amended from time to time.

  • 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.

  • Insurance Add-On Amount means the premium charged to the Obligor in the event that the Servicer obtains Force-Placed Insurance pursuant to Section 4.4.

  • Trustee Fee Rate 0.0025% per annum.

  • Reimbursement insurance policy means a policy of insurance

  • Premium tax means a tax paid by insurance companies to provincial and territorial governments calculated as a percentage of gross premiums written.

  • Broker Fee shall have the meaning ascribed to such term in Section 2(b)(v).

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

  • Backup Servicer Fee means, for any Collection Period, the greater of (i) the product of one-twelfth of 0.0075% and the Pool Balance as of the first day of the preceding Collection Period (or in the case of the initial Collection Period, as of the Cutoff Date) and (ii) $2,500.

  • Premium Rate has the meaning assigned to such term in the Premium Letter.

  • Standard Hazard Insurance Policy means a fire and casualty extended coverage insurance policy in such amount and with such coverage as required by this Agreement.

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