Guaranty Fee Rate definition

Guaranty Fee Rate. The per annum rate set forth in a side letter of the Guarantor, addressed to the Trustee, the Seller and the Master Servicer.
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Guaranty Fee Rate. The per annum rate specified in Appendix 1 of the Commitment Letter used to calculate the Guaranty Fee.
Sample 1
Guaranty Fee Rate. The applicable per annum rate for each class of Group I Certificates as specified in a side letter of Xxxxxx Xxx addressed to the Trustee and the Seller.
Sample 1

Examples of Guaranty Fee Rate in a sentence

  • The Approximate Weighted Average Servicing and Guaranty Fee Rate is the approximate weighted average monthly fee rate for servicing and for the Ginnie Mae Certificate Guaranty Fee.

  • The Certificate Margin is the margin of the Mortgage Loans underlying the related Trust MBS net of the Servicing and Guaranty Fee Rate.

  • The Mortgage Margin, lifetime Mortgage Loan interest rate cap and lifetime Mort- gage Loan interest rate floor will equal the related Certificate Margin, Lifetime Certificate Interest Rate Cap and Lifetime Certificate Interest Rate Floor, as applicable, plus the Servicing and Guaranty Fee Rate, each as shown in Exhibit A.

  • The Pass-Through Rate for the Class A Certificates will be a fixed per annum rate equal to (x) 4.168% less (y) the Fannie Mae Guaranty Fee Rate equal to 1.27%.

  • The Mortgage Margin, lifetime Mortgage Loan interest rate cap and lifetime Mortgage Loan interest rate floor will equal the related Certificate Margin, Lifetime Certificate Interest Rate Cap and Lifetime Certificate Interest Rate Floor, as applicable, plus the Servicing and Guaranty Fee Rate, each as shown on Exhibit A.

  • While framing the 2014 Tariff Regulations, the variation in taxes and duties have been captured in the normative O&M expenses and thus any change in taxes is not admissible separately.

  • In this regard, learned senior counsel extensively referred to the decisions of this Court in Builders' Association[4] and Bharat Sanchar[5].

  • Guaranty Fee Rate: The Issuer is required to remit a monthly guaranty fee to Ginnie Mae for each pool or loan package.

  • Principal of securities this monthend Section 4 – Remittance Due on Ginnie Mae (Guaranty Fee Rate%) A.

  • The Certificate Margin is the margin of the Mortgage Loans underlying the Trust MBS net of the Servicing and Guaranty Fee Rate.


More Definitions of Guaranty Fee Rate

Guaranty Fee Rate. The per annum rate set forth in a side letter of the Guarantor, addressed to the Trustee, the Paying Agent, the Seller and the Master Servicer.
Sample 1

Related to Guaranty Fee Rate

  • Facility Fee Rate means a rate per annum determined in accordance with the Pricing Schedule.

  • Undrawn Fee Rate For any VFN Class, the rate set forth or described in the related Indenture Supplement, if any. United States and U.S.: The United States of America.

  • L/C Fee Rate with respect to each Letter of Credit at any date, the applicable percentage per annum set forth below based upon the Status on such date: Level I Level II Level III Level IV Level V Level VI Status Status Status Status Status Status ------ ------ ------ ------ ------ ------ 0.45% 0.50% 0.60% 0.70% 0.90% 1.20%

  • Fee Rate means initially 0.25% per annum, which shall be subject to increase by 0.25% per annum for each Week in respect of which any Failure has occurred and is continuing.

  • Program Fee Rate has the meaning set forth in the Fee Letter.

  • Administrative Fee Rate The sum of the Servicing Fee Rate, the Trustee/Certificate Administrator Fee Rate and the CREFC® Licensing Fee Rate.

  • Letter of Credit Fee Rate means, at any time, the percentage rate per annum applicable to Letter of Credit Fees at such time as set forth in the Pricing Schedule.

  • Unused Fee Rate means a rate equal to 0.50% per annum.

  • Applicable Utilization Fee Rate means, as of any date, the percentage rate per annum at which Utilization Fees accrue on all Revolving Credit Advances at such time as set forth in the Pricing Schedule.

  • Utilization Fee Rate means the percentage set forth in Schedule 1 hereto beside the then applicable Level.

  • Workout Fee Rate With respect to each Corrected Mortgage Loan, 1.00%.

  • Applicable Facility Fee Rate means, at any time, the percentage rate per annum at which Facility Fees are accruing on the Aggregate Commitment (without regard to usage) at such time as set forth in the Pricing Schedule.

  • Applicable Letter of Credit Fee Rate means the percentage rate per annum based on the Leverage Ratio then in effect according to the pricing grid on Schedule 1.1(A) below the heading “Letter of Credit Fee.”

  • Commitment Fee Rate has the meaning set forth in the definition of “Applicable Margin”.

  • Expense Fee Rate As to each Mortgage Loan, the sum of (a) the related Servicing Fee Rate and (b) the Trustee Fee Rate.

  • Applicable Fee Rate means, at any time, the percentage rate per annum at which Commitment Fees are accruing on the unused portion of the Aggregate Commitment at such time as set forth in the Pricing Schedule.

  • Applicable Commitment Fee Rate means:

  • Administration Fee Rate The sum of (i) the Servicing Fee Rate, (ii) the Master Servicing Fee Rate and (iii) the Credit Risk Management Fee Rate.

  • Subservicing Fee Rate The per annum rate designated on the Mortgage Loan Schedule as the "SUBSERV FEE".

  • Custodian Fee Rate As to any Distribution Date, the applicable Custodian Fee for such Distribution Date, converted to a per annum rate on (i) the aggregate Stated Principal Balance of the Mortgage Loans as of the first day of the related Interest Accrual Period and (ii) with respect to the Determination Date in May 2006 only, the portion of the Closing Date Deposit Amount allocable to principal (calculated on an actual/360 basis), but in no event shall the Custodian Fee Rate be less than 0.0035%.

  • Servicing Fee Rate With respect to each Mortgage Loan, 0.50% per annum.

  • Trustee Fee Rate 0.0025% per annum.

  • Net Servicing Fee Rate means (a) so long as the Seller or The Bank of New York is the Servicer, 1.25% per annum and (b) if the Seller or The Bank of New York is no longer the Servicer, 2.0% per annum.

  • Liquidation Fee Rate With respect to each Specially Serviced Mortgage Loan or REO Property as to which a Liquidation Fee is payable, 1.0%.

  • Unused Commitment Fee Rate has the meaning given to such term in the Fee Letter.