Xxxxxxx Mac Fee definition

Xxxxxxx Mac Fee means the fees due Xxxxxxx Mac under the Reimbursement Agreement for providing the Credit Enhancement and the Liquidity Facility.
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Xxxxxxx Mac Fee means the fee payable to Xxxxxxx Mac for providing the Credit Enhancement, and for serving as Administrator and Pledge Custodian. Such fee shall be an amount equal to one-twelfth of 0.70% (seventy basis points) times the Current Class A Certificate Balance, and shall be calculated on the basis of a 360-day year consisting of twelve (12) thirty (30) day months. Such fee shall be payable as provided in Section 3.3 and shall accrue monthly based upon the Current Class A Certificate Balance as of the first day of each month. If an Administrator or Pledge Custodian other than Xxxxxxx Mac is appointed, Xxxxxxx Mac will allocate a portion of the Xxxxxxx Mac Fee to the payment of the fees of such substitute Administrator or Pledge Custodian. The Xxxxxxx Mac Fee does not include fees for extraordinary services of the Administrator or Pledge Custodian.
Sample 1

Examples of Xxxxxxx Mac Fee in a sentence

  • The Series Certificate Agreement and the Reimbursement Agreement will provide for the payment to Xxxxxxx Mac of the Xxxxxxx Mac Fee.

  • On the Series Expiration Date or as soon as practicable thereafter, the Bonds will be sold to the extent necessary to pay any accrued and unpaid expenses of the Series Pool (including, but not limited to, any unpaid Administrator Fee, Administrator Advances, Daily Administrator Advance Charges, Xxxxxxx Mac Fee, Servicing Fee, Special Servicing Fee and Remarketing Agent Fee).

  • On the Series Expiration Date or as soon as practicable thereafter, the Bonds will be sold to the extent necessary to pay any accrued and unpaid expenses of the Series Pool (including, but not limited to, any unpaid Administrator Fee, Administrator Advances, Daily Administrator Advance Charges, Xxxxxxx Mac Fee, Servicing Fee and Remarketing Agent Fee).

  • On the Series Expiration Date or as soon as practicable thereafter, the Assets will be sold to the extent necessary to pay any accrued and unpaid expenses of the Series Pool (including, but not limited to, any unpaid Administrator Fee, Administrator Advances, Daily Administrator Advance Charges, Xxxxxxx Mac Fee, Servicing Fee, Special Servicing Fee and Remarketing Agent Fee).

Related to Xxxxxxx Mac Fee

  • Xxxxxxx Mac The Federal Home Loan Mortgage Corporation, or any successor thereto.

  • Fxxxxxx Mac The Federal Home Loan Mortgage Corporation, or any successor thereto.

  • Xxxxxx Mae The Government National Mortgage Association, or any successor thereto.

  • Xxxxxxxx Loan means a Subsidized Xxxxxxxx Loan or an Unsubsidized Xxxxxxxx Loan.

  • Xxxxxx Xxxxxxx “Xxxxx Xxxxxxx”

  • Xxxxxxxx-Xxxxx means the Xxxxxxxx-Xxxxx Act of 2002.

  • Xxxxx Xxxxxxxx Xxxxxxxxx Xxxxxxx” ”Xxxxx Xxxxxx”

  • Xxxxxxx Xxxxxx xxxxx xxx Xxxxxx xx Xxxxxxx Xxxxxxxxxx.

  • Xxxxxxxx Xxxx means the type of charge that a xxxxxxx has on somebody else’s goods when he does work on the goods. The xxxxxxx may keep the goods until he is paid for the work and if he is not paid he may sell them. A mechanic will have a xxxxxxx’x xxxx on your car if he does work on it at his garage. Any expression not described or defined in this agreement shall have the meaning given to it in the Credit Contracts and Consumer Finance Act 2003 unless the context requires otherwise. Unless the context prevents it, the singular shall include the plural and vice versa and one gender includes others to the effect that, for example, “he” includes “they”, “she” and “it”.

  • Xxxxx Xxxxxxxxx “Xxxx Xxxxxx” “X. Xxxx” “Xxxxxxx Xxxxx”

  • Xxxxxx Xxxxxxxx Xxx XxXxxx” ”Xxxx Xxxxx” ”Xxxxx Xxxxxxx” ”Xxxxx Xxxxxxxx” ”Xxxxxxxxx Xxxxxxx” ”Xxxxx Xxxxxx”

  • Xxxxxxx Xxxxxxx whose address and tax identification number shall be provided within five (5) days after this Settlement Agreement is fully executed by the Parties;

  • Xxxxxxxx Xxxxxx “Xxxxxxxxx Xxxx”

  • Xxxxxx Xxxxxx “Xxxxx Xxxxxxxx”

  • Xxxxxxx Xxxxx means Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated.

  • Xxxxx Xxxxxxx Xxxxx Xxxxxxxx” ”Xxxxxxxxx Xxxxxxx” ”Xxxxx Xxxxxx”

  • Xxxxxxx Xxxx Xxxx Xxxxx”

  • Fxxxxx Mae The Federal National Mortgage Association, or any successor thereto.

  • Xxxxxxxx Xxxxxxx “Xxxxxxx Xxx”

  • Xxxxxxx Xxxxxxxx whose address and tax identification number shall be provided within five (5) days after this Settlement Agreement is fully executed by the Parties;

  • XXXXX Xxxxxxxxxx means, with respect to XXXXX, 0.0326% per annum.

  • Xxxxxx Xxxxxxxxx “Xxxx Xxxxxx”

  • Xxxx Xxxxxxxx Xxxxx Xxxxxxxx”

  • Xxxxx Fargo means Xxxxx Fargo Bank, National Association, a national banking association.

  • Xxxx Xxxxxxxxx “Xxxx Xxxxx”

  • Sxxxxxxx-Xxxxx means the Sxxxxxxx-Xxxxx Act of 2002.