Examples of Ongoing Fee in a sentence
The Asset Representations Reviewer Ongoing Fee shall be payable from amounts on deposit in the Collection Account as set forth in Section 3.06(a).
For the avoidance of doubt, no Asset Representations Reviewer Ongoing Fee is payable with respect to either Trust Subordinate Companion Loan.
For the avoidance of doubt, no Asset Representations Reviewer Ongoing Fee is payable with respect to the Trust Subordinate Companion Loan.
As to each such Serviced Mortgage Loan and related successor REO Mortgage Loan, the Trust Advisor Ongoing Fee shall accrue from time to time at the Trust Advisor Ongoing Fee Rate and shall be computed on the basis of the Stated Principal Balance of such Serviced Mortgage Loan or successor REO Mortgage Loan and in the same manner as interest is calculated thereon and for the same period respecting which any related interest payment due or deemed thereon is computed.
With respect to such Units, payment of the Ongoing Fee shall commence after an amount equal to the Upfront Fee has been recouped by CGM by holding back a sum equal to the amount of the Ongoing Fee that would have been paid to the Placement Agent with respect to such Units, but for the payment of the Upfront Fee (the “Recouped Fee”).