Administrative Fee Rate definition

Administrative Fee Rate. The sum of the Servicing Fee Rate for the Trust Loan, the Trustee/Certificate Administrator Fee Rate, the Operating Advisor Fee Rate and the CREFC® Licensing Fee Rate.

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Administrative Fee Rate. With respect to each Mortgage Loan and REO Loan, as specified in the Mortgage Loan Schedule, being the sum of the related Master Servicing Fee Rate and the Trustee Fee Rate.

Administrative Fee Rate. As of any date of determination and with respect to each Mortgage Loan, a per annum rate equal to the sum of the Servicing Fee Rate, the Certificate Administrator Fee Rate (which fee rate accounts for the Trustee Fee), the Operating Advisor Fee Rate, the Asset Representations Reviewer Fee Rate and the CREFC® Intellectual Property Royalty License Fee Rate and, in the case of each Non-Serviced Mortgage Loan, the related Non-Serviced Primary Servicing Fee Rate.

Examples of Administrative Fee Rate in a sentence

• For transfers of funds that do not follow the technique resulting in a positive balance, the State shall calculate interest as follows: Interest Liability - State Unemployment Account On a monthly basis, the State's Treasury Department publishes a State Pooled Investment Fund Average Earnings Rate as well as an Administrative Fee Rate.

• The Issuer Administrative Fees payable on each Settlement Date shall be calculated by the Master Servicer and shall be equal to the product of (i) the Issuer Administrative Fee Rate, (ii) the average daily Commitment of the Issuer, whether used or unused, during such Accrual Period and (iii) the actual number of days in such Accrual Period divided by 360.

• The Administrative Fee Rate for the Bronx Terminal Market Mortgage Loan has been changed from 0.0415% to 0.0165%, to reflect a revision in the primary servicing fee.

• The effective date of any Administrative Fee payment shall be thelatter of the effective date of the Administrative Fee Rate for a Fund or the effective date of the Dealer Number, as referenced on Exhibit III.

• A-1 MORTGAGE LOAN SCHEDULES Mortgage Loan Number Mortgage Loan Seller Property Name Address City State Zip Code Original Balance ($) Cut-off Date Balance ($) Loan Amortization Type Monthly P&I Payment ($) Interest Accrual Method Mortgage Rate Administrative Fee Rate Payment Due Date Maturity Date 28 NCB, FSB ▇▇▇▇▇▇▇ ▇▇▇▇ Co-operative Apartments, Sec.

More Definitions of Administrative Fee Rate

Administrative Fee Rate. As to each Distribution Date, the sum of (i) the Trustee Fee Rate, (ii) the Servicing Fee Rate, (iii) the Custodian Fee Rate and (iv) the total MI Premiums due during the related Due Period, expressed as an annual percentage rate of the Pool Balance as of the beginning of that Due Period.

Administrative Fee Rate. As to any Distribution Date, the sum of the Servicing Fee Rate, the Securities Administrator Fee Rate, the Custodian Fee Rate and the Trust Oversight Manager Fee Rate, each for such Distribution Date.

Administrative Fee Rate. With respect to each Mortgage Loan, the sum of (i) the Certificate Administrator Fee Rate, (ii) the CREFC® License Fee Rate, (iii) the Trust Advisor Ongoing Fee Rate (except with respect to the Stamford Plaza Portfolio Mortgage Loan), (iv) the applicable Master Servicing Fee Rate; and (v) in the case of each Pari Passu Mortgage Loan, a rate per annum equal to the applicable Pari Passu Primary Servicing Fee Rate.

Administrative Fee Rate. With respect to any Mortgage Loan, the Master Servicing Fee Rate.

Administrative Fee Rate. The sum of the Servicing Fee Rate, the Certificate Administrator Fee Rate and the CREFC® Intellectual Property Royalty License Fee.

Administrative Fee Rate. With respect to each Mortgage Loan (or any successor REO Mortgage Loan with respect thereto), as of any date of determination, a rate per annum equal to the sum of (i) the Trustee Fee Rate, (ii) the Certificate Administrator Fee Rate, (iii) the Trust Advisor Ongoing Fee Rate and (iv) the related Master Servicing Fee Rate.

Administrative Fee Rate. With respect to each Mortgage Loan, an amount equal to the sum of (a) the related Servicing Fee Rate and (b) the related LPMI Premium Rate, if any.