Xxxxx Fargo Servicing Fee Rate definition

Xxxxx Fargo Servicing Fee Rate. For each Mortgage Loan, the per annum rate set forth in the Mortgage Loan Schedule under the data field “Sub-Servicing Fee Rate.” Any capitalized terms used and not defined in this Agreement shall have the meanings ascribed to such terms in the Trust Agreement.
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Xxxxx Fargo Servicing Fee Rate. As defined in the Xxxxx Fargo Letter Agreement. WMB: Washington Mutual Bank, a banking corporation chartered under the laws of the United States, and its successors and assigns.
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Xxxxx Fargo Servicing Fee Rate. With respect to each Xxxxx Fargo Mortgage Loan, as set forth on the Mortgage Loan Schedule.
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Examples of Xxxxx Fargo Servicing Fee Rate in a sentence

  • As to (a) each Xxxxx Fargo Serviced Mortgage Loan, the Xxxxx Fargo Servicing Fee Rate which rate may increase up to 0.25% per annum and (b) each Mortgage Loan (other than a Xxxxx Fargo Serviced Mortgage Loan), the per annum rate set forth on the Mortgage Loan Schedule.

  • As compensation for its activities hereunder, Xxxxx Fargo shall be entitled to the Servicing Fee calculated at the Xxxxx Fargo Servicing Fee Rate and Ocwen shall be entitled to a Servicing Fee calculated at the Ocwen Servicing Fee Rate with respect to each Mortgage Loan serviced by such Servicer payable solely from payments of interest in respect of such Mortgage Loan, subject to Section 3.22 of this Agreement.


More Definitions of Xxxxx Fargo Servicing Fee Rate

Xxxxx Fargo Servicing Fee Rate. For each Mortgage Loan, 0.45% per annum. Any capitalized terms used and not defined in this Agreement shall have the meanings ascribed to such terms in the Trust Agreement.
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Xxxxx Fargo Servicing Fee Rate. As defined in the Xxxxx Fargo Letter Agreement. WMMSC: Washington Mutual Mortgage Securities Corp., a Delaware corporation, and its successors and assigns.
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Related to Xxxxx Fargo Servicing Fee Rate

  • Master Servicing Fee Rate With respect to each Mortgage Loan, ____% 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.

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

  • 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.”

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

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

  • 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.

  • 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 May 2006 only, the portion of the Closing Date Deposit Amount allocable to principal (calculated on an actual/360 basis), but in no event shall the Custodian Fee Rate be less than 0.0035%.

  • Operating Advisor Fee Rate With respect to each Interest Accrual Period, a rate equal to 0.00125% per annum with respect to each Mortgage Loan (or any successor REO Mortgage Loan with respect thereto).

  • Trustee Fee Rate 0.0025% per annum.

  • Program Fee Rate is defined in the Fee Letter.

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

  • Certificate Administrator Fee Rate 0.0031% per annum.

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

  • Administrative Fee Rate The sum of the Servicing Fee Rate, the Trustee/Certificate Administrator Fee Rate and the CREFC® Licensing Fee Rate.

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

  • L/C Fee Rate means the Applicable Margin with respect to LIBOR Rate Loans.

  • 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.

  • Utilization Fee Rate means the percentage set forth in Schedule 1 hereto beside the then applicable Level.

  • Expense Fee Rate As to each Mortgage Loan, a per annum rate equal to the sum of the Servicing Fee Rate and the Trustee Fee Rate.

  • Fee Rate means initially 0.25% per annum, which shall be subject to increase by 0.25% per annum for each Week in respect of which any Failure has occurred and is continuing.

  • Series Servicing Fee Percentage means 2.0%.

  • 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.

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

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