Examples of Servicer Fee Rate in a sentence
The Investors’ share of the Servicer Fee shall be equal to the Servicer Fee Rate multiplied by the average daily Aggregate Capital of the Investor Interests payable as provided above.
With respect to any Distribution Date, an amount equal to the product of (a) one-twelfth of the Securities Administrator, Backup Servicer and Master Servicer Fee Rate and (b) the sum of (i) 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) and (ii) the Pre-Funding Amount.
The portion of the Servicer Fee payable by the Purchaser shall be equal to the Servicer Fee Rate multiplied by the average daily Capital of each Receivable Interest owned by the Purchaser, payable on each Settlement Date for such Receivable Interest.
The "Servicer Fee" for a Payment Date shall equal the product of (i) one-twelfth of the Servicer Fee Rate and (ii) the Aggregate IPB of all Contracts as of the opening of business on the first day of the related Due Period.
On any day, the positive difference, if any, of (a) the Pool Rate on such day and (b) the sum of (i) the Interest Rate, (ii) the Program Fee Rate, (iii) the Servicing Fee Rate on such day, (iv) the rate used to calculate the Backup Servicer Fee Rate, (v) the rate used to calculate the Collateral Custodian Fees and (vi) the weighted average of the rates used to calculate the Commitment Fees on such day.