Collateral Substitution Fee definition
Collateral Substitution Fee means, with respect to any substitution effected in accordance with Section 7.04, a fee equal to 65 basis points multiplied by the Allocable Facility Amount of the Substituted Mortgage Property added to the Collateral Pool; provided however, if a Substituted Mortgaged Property is added to the Collateral Pool in conjunction with such Mortgaged Property being released from the collateral pool under the Other Credit Agreement, the Collateral Substitution Fee shall be waived for the aggregate of the first six (6) transactions which are either Mortgaged Properties transferred from the Collateral Pool under this Agreement to the collateral pool under the Other Credit Agreement, or Mortgaged Properties transferred from the collateral pool under the Other Credit Agreement to the Collateral Pool under this Agreement.
Collateral Substitution Fee has the meaning ascribed to such term in Section 7.16.
Collateral Substitution Fee means, with respect to a Multifamily Residential Property substituted into the Collateral Pool in accordance with Article VII, a fee equal to the lesser of --
More Definitions of Collateral Substitution Fee
Collateral Substitution Fee means, with respect to any substitution effected in accordance with Section 7.04, a fee equal to 65 basis points multiplied by the Allocable Facility Amount of the Substituted Mortgage Property added to the Collateral Pool.
Collateral Substitution Fee means, with respect to any substitution effected in accordance with Section 6.4, a fee equal to 65 basis points multiplied by the Allocable Facility Amount of the Substituted Mortgage Property added to the Collateral Pool.