Credit Risk Manager’s Fee definition
Credit Risk Manager’s Fee. With respect to any Distribution Date and each Mortgage Loan, an amount equal to the product of (a) one twelfth, (b) the Credit Risk Manager’s Fee Rate and (c) the Scheduled Principal Balance of such Mortgage Loan as of the first day of the related Collection Period. Credit Risk Manager’s Fee Rate: 0.015% per annum.
Credit Risk Manager’s Fee. As to any Distribution Date and each Mortgage Loan, an amount equal to the product of (a) one-twelfth, (b) the Credit Risk Manager’s Fee Rate and (c) the Scheduled Principal Balance of such Mortgage Loan as of the first day of the related Collection Period. Credit Risk Manager’s Fee Rate: 0.009% per annum. Credit Support Annex: The credit support annex to the Swap Agreement and Interest Rate Cap Agreement dated as of March 30, 2007, between the Trustee, on behalf of the Supplemental Interest Trust, the Swap Counterparty and the Cap Counterparty.
Credit Risk Manager’s Fee. With respect to any Distribution Date and each Mortgage Loan, an amount equal to the product of (a) one twelfth, (b) the Credit Risk Manager’s Fee Rate and (c) the Stated Principal Balance of such Mortgage Loan as of the first day of the related Due Period; provided, however, that such amount shall not be less than $1,500.00 on each Distribution Date. Credit Risk Manager’s Fee Rate: 0.014% per annum. Credit Support Annex: The credit support annex to the Swap Agreement and the Cap Agreement dated as of March 8, 2007, between the Supplemental Interest Trust Trustee, on behalf of the Supplemental Interest Trust, the Swap Counterparty and Cap Counterparty.
Examples of Credit Risk Manager’s Fee in a sentence
Credit Risk Manager’s Fee: As to any Distribution Date and each Mortgage Loan, an amount equal to the product of (a) one twelfth, (b) the Credit Risk Manager’s Fee Rate and (c) the Scheduled Principal Balance of such Mortgage Loan as of the first day of the related Collection Period.
More Definitions of Credit Risk Manager’s Fee
Credit Risk Manager’s Fee. With respect to any Distribution Date and each Mortgage Loan, an amount equal to the product of (a) one twelfth, (b) the Credit Risk Manager’s Fee Rate and (c) the Stated Principal Balance of such Mortgage Loan as of the first day of the related Due Period; provided, however, that such amount shall not be less than $1,500.00 on each Distribution Date. Credit Risk Manager’s Fee Rate: 0.014% per annum. Credit Support Annex: The credit support annex to the Cap Agreement dated as of February 6, 2007, between the trustee of the Supplemental Interest Trust, on behalf of the Supplemental Interest Trust and the Cap Counterparty.
Credit Risk Manager’s Fee. With respect to any Distribution Date and each Mortgage Loan, an amount equal to the product of (a) one twelfth, (b) the Credit Risk Manager’s Fee Rate and (c) the Scheduled Principal Balance of such Mortgage Loan as of the first day of the related Collection Period. Credit Risk Manager’s Fee Rate: 0.009% per annum. Credit Support Annex: The credit support annex to the Swap Agreement dated as of January 8, 2008, between the Trustee, not in its individual capacity but solely as trustee on behalf of the Supplemental Interest Trust and the Swap Counterparty.
Credit Risk Manager’s Fee. Rate: Not applicable.
Credit Risk Manager’s Fee. With respect to any Distribution Date and each Mortgage Loan, an amount equal to the product of (a) one twelfth, (b) the Credit Risk Manager’s Fee Rate and (c) the Stated Principal Balance of such Mortgage Loan as of the first day of the related Due Period; provided, however, that such amount shall not be less than $1,500.00 on each Distibution Date. Credit Risk Manager’s Fee Rate: 0.014% per annum. Credit Support Annex: The credit support annex to the Swap Agreement and the Cap Agreement dated as of December 5, 2006, between the trustee of the Supplemental Interest Trust, on behalf of the Supplemental Interest Trust, the Swap Counterparty and Cap Counterparty.
Credit Risk Manager’s Fee. The fee payable to the Credit Risk Manager on each Payment Date for its services as Credit Risk Manager, in an amount equal to one-twelfth of the Credit Risk Manager’s Fee Rate multiplied by the Scheduled Principal Balance of the Mortgage Loans as of the first day of the related Due Period. Credit Risk Manager’s Fee Rate: 0.0125% per annum.