{"component": "definition", "props": {"groups": [{"snippet": "The fee payable to the Credit Risk Manager on each Distribution Date for its services as Credit Risk Manager, in an amount equal to one-twelfth of the Credit Risk Manager Fee Rate multiplied by the Stated Principal Balance of the Mortgage Loans immediately prior to such Distribution Date. 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Credit Risk Manager Fee Rate: 0.0165% per annum.", "size": 295, "title": "Credit Risk Manager Fee", "id": "credit-risk-manager-fee", "examples": ["After any such termination, the Credit Risk Manager shall have no further obligations hereunder, and shall no longer be entitled to the <strong>Credit Risk Manager Fee</strong>.", "The Credit Risk Manager shall be entitled to compensation from the Trust equal to the <strong>Credit Risk Manager Fee</strong>.", "On or prior to each Distribution Date, the Master Servicer shall withdraw from the Custodial Account an amount equal to the <strong>Credit Risk Manager Fee</strong> for such Distribution Date and shall pay such amount to the Credit Risk Manager.", "The calculation of the Trustee Fee, the Servicing Fee, the <strong>Credit Risk Manager Fee</strong>, the Credit Insurance Provider Fee and interest on the Class A-3, Class M-1, Class M-2, Class M-3, Class M-4, Class M-6, Class M-7, Class M-8, Class M-9F, Class B-1, Class B-2, Class P, Class A-R, Class A-RL, Class X-1 and Class X-S Certificates and on the related Uncertificated Interests shall be made on the basis of a 360-day year consisting of twelve 30-day months.", "No later than 11:00 AM Eastern Time on each Distribution Date, the Securities Administrator shall furnish instructions to the Trustee reporting the amount of the related Interest Remittance Amount and the amount of the related <strong>Credit Risk Manager Fee</strong>, and instructing the Trustee as to how to apply such Interest Remittance Amount in accordance with clauses (i) through (viii) below.", "The calculation of the Trustee Fee, the Servicing Fee, the <strong>Credit Risk Manager Fee</strong> and interest on the Class A-2, Class A-3, \u2587\u2587\u2587\u2587\u2587 \u2587-\u2587, \u2587lass A-5 and Class X-1 Certificates and on the related Uncertificated Interests shall be made on the basis of a 360-day year consisting of twelve 30- day months.", "The calculation of the Trustee Fee, the Servicing Fee, the <strong>Credit Risk Manager Fee</strong> and interest on the Class A-1F1, Class A-1F2, Class A-2F, Class P, Class A-R, Class A-RL, Class X-1 and Class X-S Certificates and on the related Uncertificated Interests shall be made on the basis of a 360-day year consisting of twelve 30-day months.", "The calculation of the Trustee Fee, the Servicing Fee, the <strong>Credit Risk Manager Fee</strong> and interest on the Class A-IO, Class P, Class A-R and Class X-1 Certificates and on the related Uncertificated Interests shall be made on the basis of a 360-day year consisting of twelve 30-day months.", "The calculation of the Servicing Fee payable to each Servicer and the Master Servicing Fee and the <strong>Credit Risk Manager Fee</strong> shall be made on the basis of a 30-day month and a year assumed to consist of 360 days.", "On or prior to each Distribution Date, the Master Servicer shall withdraw from the Custodial Account an amount equal to the <strong>Credit Risk Manager Fee</strong> for such Distribution Date and shall pay or direct the Trustee to pay from the Certificate Account such amount to the Credit Risk Manager."], "related": [["credit-risk-managers-fee", "Credit Risk Manager\u2019s Fee", "Credit Risk Manager\u2019s Fee"], ["credit-risk-management-fee", "Credit Risk Management Fee", "Credit Risk Management Fee"], ["credit-risk-manager-fee-rate", "Credit Risk Manager Fee Rate", "<strong>Credit Risk Manager Fee</strong> Rate"], ["credit-risk-manager", "Credit Risk Manager", "Credit Risk Manager"], ["credit-risk-management-agreement", "Credit Risk Management Agreement", "Credit Risk Management Agreement"]], "related_snippets": [], "updated": "2025-07-06T21:58:36+00:00"}, "json": true, "cursor": ""}}