Examples of Indenture Trustee Fee Rate in a sentence
As to any Payment Date, the one-twelfth (1/12) of the Indenture Trustee Fee Rate times the Pool Principal Balance as of the opening of business on the first day of the Due Period immediately preceding the calendar month of such Payment Date (or, with respect to the first Payment Date, the Original Pool Principal Balance).
The calculation of the Indenture Trustee Fee shall accrue at the Indenture Trustee Fee Rate on the basis of the Outstanding Principal Balance of the Notes.
Any successor Indenture Trustee shall be compensated at the Indenture Trustee Fee Rate.
Indenture Trustee Fee: As to any Payment Date, an amount equal to one-twelfth of the Indenture Trustee Fee Rate multiplied by the aggregate of the Scheduled Principal Balances of all the Mortgage Loans (including Mortgage Loans which are REO Property) as of the beginning of the related Due Period.
Expense Fee Rate: The sum of (i) the Servicing Fee Rate, (ii) the Lender-Paid PMI Fee Rate, if applicable, and (iii) the Indenture Trustee Fee Rate.