Successor Servicing Fee Rate definition

Successor Servicing Fee Rate means, with respect to any Payment Date, 1.75% per annum.
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Successor Servicing Fee Rate means, with respect to any Payment Date, 2.20% per annum.
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Successor Servicing Fee Rate means, with respect to any Payment Date, 2.45% per annum.
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More Definitions of Successor Servicing Fee Rate

Successor Servicing Fee Rate means, with respect to any Distribution Date, the weighted average of the Class Successor Servicing Fee Rates for the Receivables, weighted on the basis of the Principal Balance of Receivables of each Class as of the close of business on the last day of the second preceding Collection Period.
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Successor Servicing Fee Rate means, with respect to any Payment Date, ___% per annum.["Termination Date" means the latest of (i) the expiration of the Note Policy and the return of the Note Policy to the Note Insurer for cancellation, (ii) the date on which the Note Insurer shall have received payment and performance by the Issuer of its obligations under the Indenture and under the Basic Documents and (iii) the date on which the Indenture Trustee shall have received payment and performance by the Issuer of its obligations under the Indenture and under the Basic Documents.]
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Successor Servicing Fee Rate. The lesser of (a) the Imputed Servicing Fee Rate and (b) the rate at which the Trustee or a successor Master Servicer appointed pursuant to Section 7.02 hereof agrees to service the Mortgage Loans.
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Successor Servicing Fee Rate means, with respect to any Payment Date, ___% per annum.
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Successor Servicing Fee Rate means 0.125%.
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Related to Successor Servicing Fee Rate

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

  • Subservicing Fee Rate The per annum rate designated on the Mortgage Loan Schedule as the "SUBSERV FEE".

  • Primary Servicing Fee Rate means, with respect to each Mortgage Loan, the rate that corresponds to such Mortgage Loan set forth on Exhibit A hereto under the heading “Primary Servicing Fee.”

  • Servicing Fee Rate With respect to each Mortgage Loan, 0.50% per annum.

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

  • Net Servicing Fee Rate means (a) so long as the Seller or The Bank of New York is the Servicer, 1.25% per annum and (b) if the Seller or The Bank of New York is no longer the Servicer, 2.0% per annum.

  • Excess Servicing Fee Rate The rate of 0.0% per annum with respect to each Mortgage Loan.

  • Custodian Fee Rate As to any Distribution Date, the applicable Custodian Fee for such Distribution Date, converted to a per annum rate on (i) the aggregate Stated Principal Balance of the Mortgage Loans as of the first day of the related Interest Accrual Period and (ii) with respect to the Determination Date in July 2006 only, the portion of the Closing Date Deposit Amount allocable to principal (calculated on an actual/360 basis).

  • Series Servicing Fee Percentage means 2.0%.

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

  • Subservicing Fee As to any Mortgage Loan, the fee payable monthly to the related Subservicer (or, in the case of a Nonsubserviced Mortgage Loan, to the Master Servicer) in respect of subservicing and other compensation that accrues at an annual rate equal to the excess of the Mortgage Rate borne by the related Mortgage Note over the rate per annum designated on the Mortgage Loan Schedule as the "CURR NET" for such Mortgage Loan.

  • Trustee Fee Rate 0.0025% per annum.

  • Certificate Administrator Fee Rate 0.0031% per annum.

  • 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.

  • 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.

  • Indenture Trustee Fee Rate means the per annum rate at which the Indenture Trustee Fee is calculated.

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

  • 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.

  • Servicing Rate means 1.00% per annum.

  • Monthly Servicing Fee shall have the meaning specified in subsection 3.01.

  • Liquidation Fee Rate With respect to each Specially Serviced Mortgage Loan or REO Property as to which a Liquidation Fee is payable, 1.0%.

  • Workout Fee Rate With respect to each Corrected Mortgage Loan, 1.00%.

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

  • Operating Advisor Fee Rate With respect to each Interest Accrual Period, a rate equal to 0.00125% per annum.

  • 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.