Eligible Lender Trustee Fee definition

Eligible Lender Trustee Fee has the meaning specified in Section 8.1 of the Trust Agreement.
Sample 1Sample 2Sample 3
Eligible Lender Trustee Fee means the annual compensation to the Eligible Lender Trustee for acting as eligible lender trustee hereunder and under the Eligible Lender Trust Agreement. So long as the Indenture Trustee is acting as Eligible Lender Trustee hereunder and under the Eligible Lender Trust Agreement, there shall be no Eligible Lender Trustee Fee.
Sample 1Sample 2Sample 3
Eligible Lender Trustee Fee means the fee paid to the Eligible Lender Trustee pursuant to Section 10 of the Trust Agreement; provided, however, that under no circumstance shall such fee (exclusive of the acceptance fee) exceed an annual amount equal to $12,000, payable in twelve equal monthly installments pursuant to Section 3.03(b)(i) second, 3.03(b)(ii) second, and 3.03(b)(iii) second of the Indenture, as applicable.
Sample 1

Examples of Eligible Lender Trustee Fee in a sentence

  • Eligible Lender Trustee Fee (Pro Rata) 7,554.24 Per $50,000 original principal amount of the Notes 4.811618 5.

  • Amount of Servicing Fee, Administration Fee, Indenture Trustee Fee and Eligible Lender Trustee Fee and Consolidation Fees to be allocated for the upcoming Distribution Date: $2,374,482.39 3.


More Definitions of Eligible Lender Trustee Fee

Eligible Lender Trustee Fee means, with respect to any Series, the fee payable to the Eligible Lender Trustee.
Sample 1
Eligible Lender Trustee Fee means the fee, if any, of the Eligible Lender Trustee set forth in the Eligible Lender Trust Agreement. Such fee shall be in satisfaction of the Eligible Lender Trustee’s compensation as eligible lender trustee under this Indenture and the Eligible Lender Trust Agreement.
Sample 1

Related to Eligible Lender Trustee Fee

  • Eligible Lender Trustee shall also mean each successor Eligible Lender Trustee as of the qualification of such successor as Eligible Lender Trustee under the Trust Agreement.

  • Interim Eligible Lender Trustee shall also mean each successor Interim Eligible Lender Trustee as of the qualification of such Interim Eligible Lender Trustee under the Interim Trust Agreement.

  • Owner Trustee Fee means an annual fee equal to $3,000, payable on the Payment Date occurring in August of each year, commencing in August 2024.

  • Indenture Trustee Fee means a fee that is separately agreed to between the Master Servicer and the Indenture Trustee.

  • Eligible Lender an entity that is a “Bank” (as defined in the 0000 Xxx) and is not otherwise prohibited by Section 17 of the 1940 Act from lending to the Borrower.

  • Trustee Fee As to any Distribution Date, an amount equal to one-twelfth of the Trustee Fee Rate multiplied by the Pool Stated Principal Balance with respect to such Distribution Date.

  • Trustee/Certificate Administrator Fee With respect to each Mortgage Loan and for any Distribution Date, an amount accrued during the related Interest Accrual Period at the Trustee/Certificate Administrator Fee Rate on, in the case of the initial Distribution Date, the Cut-Off Date Balance of such Mortgage Loan and, in the case of any subsequent Distribution Date, the Stated Principal Balance of such Mortgage Loan as of the close of business on the Distribution Date in the related Interest Accrual Period; provided that such amounts shall be computed for the same period and on the same interest accrual basis respecting which any related interest payment due or deemed due on the related Mortgage Loan is computed and shall be prorated for partial periods. For the avoidance of doubt, the Trustee/Certificate Administrator Fee shall be payable from the Lower-Tier REMIC.

  • Trustee Fees The amount or amounts set forth in the Trustee Fee Letter.

  • Bond Trustee Fee Agreement means the agreement entered into between the Issuer and the Bond Trustee relating among other things to the fees to be paid by the Issuer to the Bond Trustee for its obligations relating to the Bonds.

  • Special Servicing Fee shall have the meaning given to such term in the Servicing Agreement.

  • U.S. Trustee Fees means fees arising under 28 U.S.C. § 1930(a)(6) and, to the extent applicable, accrued interest thereon arising under 31 U.S.C. § 3717.

  • Noteholder Servicing Fee is defined in Section 3.1.

  • Indenture Trustee Fee Rate means the per annum rate at which the Indenture Trustee Fee is calculated.

  • Trustee/Certificate Administrator Fee Rate With respect to each Mortgage Loan, a rate equal to 0.0055% per annum.

  • Master Servicing Fee As to any Distribution Date, an amount equal to one-twelfth the product of (a) the Master Servicing Fee Rate and (b) the outstanding principal balance of each Mortgage Loan. Master Servicing Fee Rate: 0.00% per annum.

  • Note A-2 Special Servicer means the special servicer under the Note A-2 PSA.

  • Note A-2 Master Servicer means the master servicer under the Note A-2 PSA.

  • Note A-3 Master Servicer means the master servicer under the Note A-3 PSA.

  • Class B Servicing Fee shall have the meaning specified in Section 3.01.

  • Master Trust Trustee means the entity acting as trustee under the applicable Pooling and Servicing Agreement.

  • Collateral Servicing Fee shall have the meaning set forth in Section 3.01.

  • Note A-4 Trust Fund means the trust formed pursuant to the Note A-4 PSA.

  • Securities Administrator Fee With respect to any Distribution Date, an amount equal to the product of (a) one-twelfth of the Securities Administrator Fee Rate and (b) the Stated Principal Balance of the Mortgage Loans as of the prior Distribution Date (or as of the Cut-off Date in the case of the first Distribution Date).

  • Certificate Administrator Fee With respect to each Mortgage Loan and the beneficial interest of the Trust Fund in each REO Mortgage Loan, the fee designated as such and payable to the Certificate Administrator pursuant to Section 8.05(a). The Certificate Administrator Fee includes the Tax Administrator Fee and the Trustee Fee, each of which shall be paid by the Certificate Administrator as provided herein.

  • Backup Servicing Fee means, as to each Distribution Date, $4,000; provided, however, that if the Backup Servicer becomes the successor Servicer, such fee shall no longer be paid.

  • Note A-1 Master Servicer means the master servicer under the Note A-1 PSA.