REO Management Fee definition

REO Management Fee. As to the Property when it is a Foreclosed Property, a fee payable out of the Foreclosed Property Account to the Successor Manager for managing the property while it is owned by the Trust, which shall be reasonable and customary in the market in which the Property is located.
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REO Management Fee. With respect to each REO Property being managed by the Servicer, that fee set forth in the applicable Notice Letter.
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REO Management Fee. With respect to each REO Property, an amount equal to $1,500.
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Examples of REO Management Fee in a sentence

  • In connection with such management and subject to Section 3.4(c)(vi), the Successor Manager shall be entitled to the REO Management Fee solely from the Foreclosed Property Account or the Collection Account pursuant to Section 3.4(c)(vi).


More Definitions of REO Management Fee

REO Management Fee. With respect to each REO Property being managed by the Servicer, that fee set forth in Exhibit 14.
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REO Management Fee. With respect to each REO Property, an amount equal to $1,500. REO Property: A Mortgaged Property acquired in foreclosure or by deed in lieu of foreclosure, as described in Section 2.12. SAIF: The Savings Association Insurance Fund.
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Related to REO Management Fee

  • Asset Management Fee shall have the meaning set forth in Section 8.03.

  • Property Management Fee means the fee payable to the Manager for its day-to-day management of the Property pursuant to the Management Agreement.

  • Investment Management Fee means each of the Senior Investment Management Fee, the Subordinated Investment Management Fee and the Incentive Investment Management Fee.

  • Management Fee shall have the meaning set forth in Section 10(a).

  • Collateral Management Fee The fee payable to the Collateral Manager in arrears on each Payment Date pursuant to Section 8(a) of the Collateral Management Agreement and Section 11.1 hereof, comprised of (x) the Base Management Fee and (y) the Subordinated Management Fee.

  • Base Management Fee means the base management fee, calculated quarterly in arrears, in an aggregate amount equal to the sum of (i) 25% per Quarter of the Fee Amount, plus (ii) 0.3125% of the Total Capitalization Value Increase for the preceding Quarter;

  • Management Fees means any amounts payable by the Company or any Restricted Subsidiary in respect of management or similar services.

  • Incentive Management Fee shall have the meaning set forth in Section 9.2(e) hereof.

  • Placement Fee has the meaning given thereto in Section 2(a) hereof;

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

  • 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.

  • Administration Fee means the fee payable to the Administrator pursuant to Section 3 of the Administration Agreement.

  • Origination Fee means any origination fee payable to the Department by the lender with respect to any Trust Student Loan.

  • Professional Fee Amount means the aggregate amount of Professional Fee Claims and other unpaid fees and expenses that Professionals estimate they have incurred or will incur in rendering services to the Debtors prior to and as of the Confirmation Date, which estimates Professionals shall deliver to the Debtors as set forth in Article II.B of the Plan.

  • 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.