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at any time, the per annum rate equal to the Mortgage Rate less the related <strong>Expense Rate</strong>.", "<strong>Expense Rate</strong> ------------ As to each Loan, the sum of (a) the Servicing Fee Rate, (b) the Trustee Fee Rate and (c) with respect to each Covered Loan only, the MGIC Premium Rate.", "The Ceding Company will pay the Reinsurer Interest on the Unamortized Ceding Commission at the end of each Accounting Period, subsequent to the initial Accounting Period, equal to the Unamortized Ceding Commission at the end of the preceding Accounting Period determined in accordance with Paragraph 2 above, times the Interest <strong>Expense Rate</strong> described in Article II, Paragraph 5.", "Based on the actual cost, interest, and effluent information, the City will recalculate the Capital <strong>Expense Rate</strong> for the prior fiscal year.", "Prior to January 1 of each Calendar Year (or as soon thereafter as reasonably possible), Landlord shall provide to Tenant a statement of Landlord&#x27;s reasonable estimate of the <strong>Expense Rate</strong> (calculated by dividing Landlord&#x27;s reasonable estimate of Expenses for the ensuing Calendar Year by the Rentable Area in the Building) projected by Landlord for the ensuing Calendar Year (the &quot;Projected <strong>Expense Rate</strong>&quot;).", "<strong>Expense Rate</strong> ------------ As to each Loan, the sum of the Servicing Fee Rate and the Trustee Fee Rate.", "Until Tenant has received the statement of the Projected <strong>Expense Rate</strong> from Landlord, Tenant shall pay or continue to pay Additional Rent to Landlord in the same amount (if any) as required for the last month of the prior Calendar Year.", "Adjusted Net Mortgage Rate -------------------------- As to each Loan, and at any time, the per annum rate equal to the Mortgage Rate less the related <strong>Expense Rate</strong>.", "Not more than twice during any Calendar Year, Landlord may in good faith revise the Projected <strong>Expense Rate</strong> and provide Tenant with a revised statement, and thereafter Tenant shall pay Additional Rent on the basis of the revised statement."], "related": [["aggregate-expense-rate", "Aggregate Expense Rate", "Aggregate <strong>Expense Rate</strong>"], ["lease-rate", "Lease Rate", "Lease Rate"], ["compounded-reference-rate", "Compounded Reference Rate", "Compounded Reference Rate"], ["expense-ratio", "Expense Ratio", "Expense Ratio"], ["reference-rate", "Reference Rate", "Reference Rate"]], "related_snippets": [], "updated": "2025-11-09T12:08:30+00:00"}, "json": true, "cursor": ""}}