Net Servicing Fee Rate definition

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.
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Net Servicing Fee Rate means 1.0% per annum.
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Net Servicing Fee Rate means (a) so long as the
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Examples of Net Servicing Fee Rate in a sentence

  • The share of the Investor Servicing Fee allocable to the Class A Investor Interest with respect to any Transfer Date (the "Class A Servicing Fee") shall be equal to one-twelfth of the product of (i) the Class A Floating Allocation, (ii) the Net Servicing Fee Rate and (iii) the Adjusted Investor Interest as of the last day of the Monthly Period preceding such Transfer Date.

  • The share of the Investor Servicing Fee allocable to the Class B Investor Interest with respect to any Transfer Date (the "Class B Servicing Fee") shall be equal to one-twelfth of the product of (i) the Class B Floating Allocation, (ii) the Net Servicing Fee Rate and (iii) the Adjusted Investor Interest as of the last day of the Monthly Period preceding such Transfer Date.

  • The share of the Monthly Servicing Fee allocable to the Collateral Interest Holder with respect to any Distribution Date (the "COLLATERAL SERVICING FEE") shall be equal to one-twelfth of the product of (1) the Collateral Floating Percentage, (2) the Net Servicing Fee Rate and (3) the Servicing Base Amount; provided, however, that with respect to the first Distribution Date, the Collateral Servicing Fee shall be $23,788.00.

  • The share of the Monthly Servicing Fee allocable to the Class B Certificateholders with respect to any Distribution Date (the "CLASS B SERVICING FEE") shall be equal to one-twelfth of the product of (1) the Class B Floating Percentage, (2) the Net Servicing Fee Rate and (3) the Servicing Base Amount; provided, however, that with respect to the first Distribution Date, the Class B Servicing Fee shall be $21,958.00.

  • The share of the Monthly Servicing Fee allocable to the Class A Certificateholders with respect to any Distribution Date (the "CLASS A SERVICING FEE") shall be equal to one-twelfth of the product of (A) the Class A Floating Percentage, (B) the Net Servicing Fee Rate and (C) the Servicing Base Amount; provided, however, that with respect to the first Distribution Date the Class A Servicing Fee shall be $320,226.00.


More Definitions of Net Servicing Fee Rate

Net Servicing Fee Rate means (i) so long as Citibank (South Dakota) or an Affiliate of Citibank (South Dakota) is the Servicer, 0.37% per annum and (ii) if Citibank (South Dakota) or an Affiliate of Citibank (South Dakota) is no longer the Servicer, 0.77% per annum.
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Net Servicing Fee Rate means (a) so long as FIA or The Bank of New York Mellon is the Servicer, 1.25% per annum and (b) if FIA or The Bank of New York Mellon is no longer the Servicer, 2.0% per annum.
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Net Servicing Fee Rate means, with respect to any Series, the net servicing fee rate, if any, specified in the related Supplement.
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Net Servicing Fee Rate means the Servicing Fee Rate less the Servicer Interchange Percentage.
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Net Servicing Fee Rate means 1%, if BCI is the Servicer, 2%, if BCI is not the Servicer, or for any Distribution Date in respect of which the Monthly Servicing Fee has been waived, 0%.
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Net Servicing Fee Rate means (a) so long as the Transferor, an Affiliate thereof, the Bank or an Affiliate thereof is the Servicer, 1.25% per annum and (b) if the Transferor, an Affiliate thereof, the Bank or an Affiliate thereof is no longer the Servicer, 2% per annum.
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Net Servicing Fee Rate means 1.0% per annum. ---------------------- "Pay Out Commencement Date" shall mean the date on which a Trust Pay ------------------------- Out Event is deemed to occur pursuant to
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