Trustee Fee Rate definition

Trustee Fee Rate. 0.0025% per annum.

Trustee Fee Rate. With respect to each Mortgage Loan, 0.009% per annum.

Trustee Fee Rate. With respect to each Mortgage Loan, the per annum rate agreed upon in writing on or prior to the Closing Date by the Trustee and the Depositor.

Examples of Trustee Fee Rate in a sentence

• Subject to the Manager’s consent and the Maximum Trustee Fee Rate and not less than one month’s written notice to the relevant Unitholders, the Trustee’s fee may be increased to reflect additional fees which may be payable to the Trustee in the performance of its duties to the Fund, provided that such fees will be at normal commercial terms and the aggregate Trustee’s fee shall not exceed the Maximum Trustee Fee Rate.

• Should there be any increase of the Trustee’s fee beyond the Maximum Trustee Fee Rate, not less than one month’s prior notice shall be given to Unitholders.

• Subject to the Manager’s consent and the Maximum Trustee Fee Rate and not less than one week’s written notice to the relevant Unitholders, the Trustee’s fee may be increased to reflect additional fees which may be payable to the Trustee in the performance of its duties to the Trust, provided that such fees will be at normal commercial terms and the aggregate Trustee’s fee shall not exceed the Maximum Trustee Fee Rate.

• Trustee Fee Rate: With respect to each Mortgage Loan, 0.0040% per annum.

• The “Adjusted Net Mortgage Rate” for any Mortgage Loan for any Distribution Date will be a per annum rate equal to the applicable Mortgage Rate for such Mortgage Loan as of the first day of the month preceding the month in which such Distribution Date occurs minus the sum of (i) the Trustee Fee Rate and (ii) the Servicing Fee Rate.

More Definitions of Trustee Fee Rate

Trustee Fee Rate per annum.

Trustee Fee Rate. A rate equal to 0.0021% per annum computed on the basis of the Stated Principal Balance of the related Mortgage Loan (and in the same manner as interest is calculated on the related Mortgage Loan) as of the preceding Distribution Date.

Trustee Fee Rate. The per annum rate at which the Trustee Fee is calculated.

Trustee Fee Rate means 0.0029% per annum (which includes the Paying Agent Fee).

Trustee Fee Rate. Not applicable.

Trustee Fee Rate means 0.0019% per annum.

Trustee Fee Rate. A per annum rate, computed on the basis of the same principal amount in the same manner and for the same Loan Interest Accrual Period respecting which any related interest payment on the Trust Loan is computed.