Expense Fee definition

Expense Fee. As to each Mortgage Loan and any Distribution Date, the product of the Expense Fee Rate and its Stated Principal Balance as of that Distribution Date.
Expense Fee. As to each Mortgage Loan, the sum of the related Servicing Fee, the related Excess Servicing Fee, the Trustee Fee, the Credit Risk Manager Fee and any lender paid Primary Insurance Policy premium, if applicable.
Expense Fee. With respect to any Mortgage Loan, the sum of (w) the Retained Interest, if any, (x) the Master Servicing Fee and (y) the related Servicing Fee with respect to the related Servicer.

Examples of Expense Fee in a sentence

  • All program expenses not otherwise defined in the Contract will be assumed to be covered by the FSMC under the General and Administrative Expense Fee.

  • Also, any travel relating to the following must be covered by the General and Administrative Expense Fee.

  • The following must be included in the General and Administrative Expense Fee and may not be charged in any other expenses.

  • All indirect and overhead costs must be included in the General and Administrative Expense Fee.

  • SFA must determine whether a Retroactive Incentive Fee will be considered by SFA for the General and Administrative Expense Fee.


More Definitions of Expense Fee

Expense Fee. With respect to any Mortgage Loan, the sum of (i) the Master Servicing Fee and (ii) the Servicing Fee.
Expense Fee. With respect to any Mortgage Loan, the sum of (x) the Master Servicing Fee, (y) the Servicing Fee with respect to the related Servicer and (z) with respect to any Lender-Paid Mortgage Insurance Loan, the Lender-Paid Mortgage Insurance Fee.
Expense Fee. With respect to any Mortgage Loan, the sum of (i) the Master Servicing Fee, (ii) the Servicing Fee, (iii) any Credit Risk Manager Fee, (iv) any Bulk PMI Fee, if applicable, and (v) with respect to any Lender-Paid Mortgage Insurance Loan, the Lender-Paid Mortgage Insurance Fee.
Expense Fee. With respect to any Mortgage Loan, the sum of (i) the Servicing Fee, (ii) the Trustee Fee, (iii) with respect to any Lender-Paid Mortgage Insurance Loan, the Lender-Paid Mortgage Insurance Fee and (iv) any fees owed to the Bank of New York under the BONY Custodial Agreement.
Expense Fee shall have the meaning set forth in Section 8.3(b).