Securities Administration Fee definition

Securities Administration Fee. With respect to any Distribution Date, the product of (x) one-twelfth of the Securities Administration Fee Rate and (y) the Pool Balance as of the opening of business on the first day of the related Due Period.
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Securities Administration Fee. With respect to any Distribution Date, an amount equal to a portion of the investment earnings on amounts on deposit in the Distribution Account earned during the Securities Administrator Investment Period payable under the terms hereof. Seller: X.X. Xxxxxx Mortgage Acquisition Corp., a Delaware corporation. Senior Certificates: Collectively, the Group 1A and Group 2A Certificates.
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Securities Administration Fee. As to the Re-REMIC Certificates and any Distribution Date, an amount payable out of amounts on deposit in the Re-REMIC Certificate Account and equal to the sum of (i) one-twelfth of the Securities Administration Fee Rate multiplied by the aggregate Certificate Principal Balance of such Re-REMIC Certificates as of the related Distribution Date prior to giving effect to any distributions of principal on such Distribution Date.
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Examples of Securities Administration Fee in a sentence

  • The Trustee shall withdraw from the Distribution Account on each Distribution Date and pay to the Securities Administrator the Securities Administration Fee pursuant to Section 4.01(i).

  • The Securities Administrator shall be entitled to the Securities Administration Fee plus investment income on funds on deposit in the Distribution Account as set forth in Section 3.25.

  • The Administrator’s fees under the Yield Maintenance Allocation Agreement and the Yield Maintenance Agreement shall be paid from a portion of the Securities Administration Fee.

  • This fee is paid to Praemium.International Securities Administration Fee4The fee on the value of any international securities, as traded on an international securities exchange, as held within your account0.15% p.a. The International Securities Administration Fee is calculated monthly in arrears based on the daily value of the international securities, as traded on an international securities exchange, held in your Account and is deducted directly from your Account.

  • Such public announcement shall specify that the successor securities administrator shall be entitled to the full amount of the Securities Administration Fee as compensation together with the other securities administration compensation in the form of late reporting fees or otherwise as provided in Section 6.05, which amount shall include compensation for acting as paying agent.

  • The Securities Administrator will be paid the Securities Administration Fee pursuant to Section 5.01 and such other amounts as agreed with the Seller.

  • Animals with TOI greater than 60% had no histological or functional evidence of cerebral injury while all animals with TOI less than 55% had evidence of injury.

  • The Trustee will be paid the Trustee Fee by the Securities Administrator from the related Securities Administration Fee, and such other amounts as agreed to with the Securities Administrator and the Trustee.

  • With respect to the Re-REMIC Fund, the Securities Administrator shall be entitled to receive on each Distribution Date the Securities Administration Fee for such Distribution Date.

  • It may be entered as time or a fraction of a division.⚫ Track locks cursor lines so they move together, maintaining the same distance from each other.⚫ Find places the cursor 2.5 divisions (negative or positive) from the trigger point on the first touch.


More Definitions of Securities Administration Fee

Securities Administration Fee. With respect to each Mortgage Loan and Distribution Date, the amount of the fee payable to the Securities Administrator, which shall, for such Distribution Date, be equal to one-twelfth of the product of the Securities Administration Fee Rate with respect to such Mortgage Loan and the Stated Principal Balance of such Mortgage Loan. Such fee shall be payable monthly, computed on the basis of the same Stated Principal Balance and period respecting which any related interest payment on a Mortgage Loan is computed.
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Securities Administration Fee. The fee owed to the Securities Administrator pursuant to a letter agreement between the Servicer and the Securities Administrator.
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Securities Administration Fee. The fee payable monthly to the Securities Administrator on each Distribution Date for its services as Securities Administrator, in an amount equal to the product of (i) the Securities Administration Fee Rate and (ii) the Aggregate Mortgage Certificate Principal Balance as of the immediately preceding Distribution Date.
Sample 1
Securities Administration Fee means a monthly fee equal to the product of (a) the aggregate stated Principal Balance of the Mortgage Loans as of the prior Distribution Date (or the Cut-off Date in the case of the first Distribution Date) and (b) one-twelfth of the Securities Administration Fee Rate. Securities Administration Fee Rate: 0.005% per annum.
Sample 1
Securities Administration Fee. As to any Distribution Date and each Mortgage Loan, the product of (i) one-twelfth of the Securities Administration Fee Rate and (ii) the outstanding principal balance of such Mortgage Loan as of the first day of the related Collection Period. Securities Administration Fee Rate: 0.004% per annum. Securities Administrator: Xxxxx Fargo Bank, N.A., not in its individual capacity but solely as Securities Administrator, or any successor in interest, or if any successor Securities Administrator shall be appointed as herein provided, then such successor Securities Administrator.
Sample 1
Securities Administration Fee. As to any Distribution Date and each Mortgage Loan, an amount equal to 1/12th the product of (a) the Securities Administration Fee Rate and (b) the outstanding Stated Principal Balance of such Mortgage Loan as of the prior Distribution Date (or as of the Cut-off Date in the case of the first Distribution Date).
Sample 1

Related to Securities Administration Fee

  • Securities Administrator Fee With respect to any Distribution Date, an amount equal to the product of (a) one-twelfth of the Securities Administrator Fee Rate and (b) the Stated Principal Balance of the Mortgage Loans as of the prior Distribution Date (or as of the Cut-off Date in the case of the first Distribution Date).

  • Securities Administrator Xxxxx Fargo Bank, N.A., or its successor in interest, or any successor securities administrator appointed as herein provided.

  • Canadian Securities Administrators means the Alberta Securities Commission and any other applicable securities commission or securities regulatory authority of a province or territory of Canada.

  • Trustee/Certificate Administrator Fee With respect to each Mortgage Loan and for any Distribution Date, an amount accrued during the related Interest Accrual Period at the Trustee/Certificate Administrator Fee Rate on, in the case of the initial Distribution Date, the Cut-Off Date Balance of such Mortgage Loan and, in the case of any subsequent Distribution Date, the Stated Principal Balance of such Mortgage Loan as of the close of business on the Distribution Date in the related Interest Accrual Period; provided that such amounts shall be computed for the same period and on the same interest accrual basis respecting which any related interest payment due or deemed due on the related Mortgage Loan is computed and shall be prorated for partial periods. For the avoidance of doubt, the Trustee/Certificate Administrator Fee shall be payable from the Lower-Tier REMIC.

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

  • Certificate Administrator Fee With respect to each Mortgage Loan and the beneficial interest of the Trust Fund in each REO Mortgage Loan, the fee designated as such and payable to the Certificate Administrator pursuant to Section 8.05(a). The Certificate Administrator Fee includes the Tax Administrator Fee and the Trustee Fee, each of which shall be paid by the Certificate Administrator as provided herein.

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

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

  • 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.

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

  • Non-Lead Certificate Administrator means the “certificate administrator” under any Non-Lead Securitization Servicing Agreement.

  • Supplemental Servicing Fee means, with respect to any Collection Period, all administrative fees, expenses and charges paid by or on behalf of Obligors, including late fees, prepayment fees and liquidation fees collected on the Receivables during such Collection Period but excluding any fees or expenses related to extensions.

  • Trust Administrator [______________] Independent Accountants:

  • Account Administrator means the person(s) who have been granted authority by Customer to set up, amend, or otherwise control settings and/or make additional purchases for the Account via the Administrative Portal. Account Administrators may have varying levels of Account rights, skills, or permissions.

  • Certificate Administrator means the certificate administrator appointed as provided in the Lead Securitization Servicing Agreement.

  • Collection Agent Fee has the meaning specified in Section 6.03.

  • CREFC® Servicer Remittance to Certificate Administrator Template A report substantially in the form of, and containing the information called for in, the downloadable form of the “Interest Servicer Remittance to Certificate Administrator Template” available as of the Closing Date on the CREFC® Website, or such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CREFC® for commercial mortgage securities transactions generally.

  • Swap Administration Agreement As defined in Section 4.08(b).

  • Settlement Administration Costs means all costs and fees of the Settlement Administrator regarding Notice and Settlement administration.

  • Servicer Custodial Account The separate Eligible Account or Accounts created and maintained by the Servicer pursuant to Section 3.08(b).

  • Sub-Servicing Account An account established by a Sub-Servicer which meets the requirements set forth in Section 3.08 and is otherwise acceptable to the Master Servicer.

  • Backup Servicer Fee means the fee to be paid to the Backup Servicer as set forth in the Backup Servicing Agreement.

  • Owner Trustee Fee means an annual fee equal to $3,000, payable on the Payment Date occurring in August of each year, commencing in August 2024.

  • 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.

  • Certificate Administrator Fee Rate 0.0031% per annum.

  • Certificate Administrator’s Website The internet website of the Certificate Administrator, initially located at xxx.xxxxxxx.xxx.