Servicing Strip Amount definition

Servicing Strip Amount. For any Distribution Date, an amount equal to the product of (i) 1.00% of the Pool Balance as of the first day of the related Collection Period (or, in the case of the first Distribution Date, the Pool Balance as of the Cutoff Date) times (ii) a fraction equal to 1/12 (or, in the case of the first Distribution Date, 18/360).
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Servicing Strip Amount. For any Distribution Date, an amount as described in Part IV to this Appendix A.
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Examples of Servicing Strip Amount in a sentence

  • Strip Amount to Pay Servicing Fee (Excess Distributed to Class XS Notes) 2.50% 278,641.04 0.00 -3.8% Servicing Fee Payable from Servicing Strip Amount 1.41% 157,153.54 0.00 -3.8% Servicing Strip Amount distributed to Class XS Notes 1.09% 121,487.49 0.00 -3.8% Unpaid Serv.

  • Strip Amount to Pay Servicing Fee (Excess Distributed to Class XS Notes) 2.50% 361,005.24 0.00 -3.3% Servicing Fee Payable from Servicing Strip Amount 1.38% 199,274.89 0.00 -3.3% Servicing Strip Amount distributed to Class XS Notes 1.12% 161,730.35 0.00 -3.3% Unpaid Serv.

  • Strip Amount to Pay Servicing Fee (Excess Distributed to Class XS Notes) 2.50% 310,548.98 0.00 -3.5% Servicing Fee Payable from Servicing Strip Amount 1.41% 175,149.63 0.00 -3.5% Servicing Strip Amount distributed to Class XS Notes 1.09% 135,399.36 0.00 -3.5% Unpaid Serv.

  • Strip Amount to Pay Servicing Fee (Excess Distributed to Class XS Notes) 2.50% 300,099.14 0.00 -3.4% Servicing Fee Payable from Servicing Strip Amount 1.41% 169,255.92 0.00 -3.4% Servicing Strip Amount distributed to Class XS Notes 1.09% 130,843.23 0.00 -3.4% Unpaid Serv.

  • Strip Amount to Pay Servicing Fee (Excess Distributed to Class XS Notes) 2.50% 289,497.27 0.00 -3.5% Servicing Fee Payable from Servicing Strip Amount 1.41% 163,276.46 0.00 -3.5% Servicing Strip Amount distributed to Class XS Notes 1.09% 126,220.81 0.00 -3.5% Unpaid Serv.

  • Strip Amount to Pay Servicing Fee (Excess Distributed to Class XS Notes) 2.50% 246,282.60 0.00 -3.6% Servicing Fee Payable from Servicing Strip Amount 1.40% 137,918.26 0.00 -3.6% Servicing Strip Amount distributed to Class XS Notes 1.10% 108,364.34 0.00 -3.6% Unpaid Serv.

  • Strip Amount to Pay Servicing Fee (Excess Distributed to Class XS Notes) 2.50% 431,470.48 0.00 -3.5% Servicing Fee Payable from Servicing Strip Amount 1.37% 236,445.82 0.00 -3.5% Servicing Strip Amount distributed to Class XS Notes 1.13% 195,024.65 0.00 -3.5% Unpaid Serv.

  • Strip Amount to Pay Servicing Fee (Excess Distributed to Class XS Notes) 2.50% 447,026.36 0.00 -3.3% Servicing Fee Payable from Servicing Strip Amount 1.37% 244,970.44 0.00 -3.3% Servicing Strip Amount distributed to Class XS Notes 1.13% 202,055.91 0.00 -3.3% Unpaid Serv.

  • Strip Amount to Pay Servicing Fee (Excess Distributed to Class XS Notes) 2.50% 373,357.52 0.00 -3.6% Servicing Fee Payable from Servicing Strip Amount 1.38% 206,093.35 0.00 -3.6% Servicing Strip Amount distributed to Class XS Notes 1.12% 167,264.17 0.00 -3.6% Unpaid Serv.

  • Strip Amount to Pay Servicing Fee (Excess Distributed to Class XS Notes)2.50% 658,441.030.00-3.0% Servicing Fee Payable from Servicing Strip Amount1.37% 360,825.690.00-3.0% Servicing Strip Amount distributed to Class XS Notes1.13% 297,615.350.00-3.0% Unpaid Serv.

Related to Servicing Strip Amount

  • Primary Servicing Fee means, with respect to each Mortgage Loan and REO Mortgage Loan, the fee payable to the Primary Servicer pursuant to Section 3.01(c)(20) of this Agreement.

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

  • Servicing Fee means the fee payable to the Servicer for services rendered during each Collection Period, determined pursuant to Section 4.08 of the Sale and Servicing Agreement.

  • Non-Lead Securitization Servicing Agreement shall have the meaning assigned to such term in Section 2(b).

  • Servicing Rate means 1.00% per annum.

  • 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.