Outside Servicing Fee Rate definition

Outside Servicing Fee Rate means, with respect to any Outside Serviced Trust Mortgage Loan or any successor REO Trust Mortgage Loan with respect thereto, the rate per annum at which the Outside Servicing Fee is being calculated. In the case of each Outside Serviced Trust Mortgage Loan or any successor REO Trust Mortgage Loan with respect thereto, the Outside Servicing Fee Rate is 0.01% per annum.
Outside Servicing Fee Rate means: (i) ____% per annum, in the case of the ________________ Trust Mortgage Loan or any successor REO Trust Mortgage Loan with respect thereto; (ii) ____% per annum, in the case of the ________________ Trust Mortgage Loan or any successor REO Trust Mortgage Loan with respect thereto; and (iii) ______% per annum, in the case of the ____________________ Trust Mortgage Loan or any successor REO Trust Mortgage Loan with respect thereto.
Outside Servicing Fee Rate means: (i) 0.10% per annum, in the case of the Meriden Mall Trust Mortgage Loan or any successor REO Trust Mortgage Loan with respect thereto; and (ii) 0.02% per annum, in the case of the Grace Building Trust Mortgage Loan or any successor REO Trust Mortgage Loan with respect thereto.

Examples of Outside Servicing Fee Rate in a sentence

  • With respect to the 00 Xxxx 00xx Xxxxxx mortgage loan, from and after the related Servicing Shift Date, the Subservicing Fee Rate shall be 0.00000%, the Primary Servicing Fee Rate shall be 0.00000%, the Outside Servicing Fee Rate shall be 0.00250%, the Serviced Companion Loan Servicing Fee Rate shall be 0.00000%, and such Mortgage Loan will no longer be part of a Serviced Whole Loan.


More Definitions of Outside Servicing Fee Rate

Outside Servicing Fee Rate. 0.01% per annum in the case of each Outside Serviced Trust Mortgage Loan or any successor REO Trust Mortgage Loan with respect thereto.
Outside Servicing Fee Rate means: (i) 0.01% per annum, in the case of the 000 Xxxx Xxxxxx Trust Mortgage Loan or any successor REO Trust Mortgage Loan with respect thereto; (ii) 0.01% per annum, in the case of the Courtyard by Marriott Trust Mortgage Loan or any successor REO Trust Mortgage Loan with respect thereto, (iii) 0.0025% per annum, in the case of the 1345 Avenue of the Americas Trust Mortgage Loan or any successor REO Trust Mortgage Loan with respect thereto; and (iv) 0.0025% per annum, in the case of the Park Avenue Plaza Trust Mortgage Loan or any successor REO Trust Mortgage Loan with respect thereto.
Outside Servicing Fee Rate means: (i) 0.01% per annum, in the case of the 000 Xxxx Xxxxxx Trust Mortgage Loan or any successor REO Trust Mortgage Loan with respect thereto; (ii) 0.01% per annum, in the case of the Courtyard by Marriott Trust Mortgage Loan or any successor REO Trust Mortgage Loan with respect thereto; and (iii) 0.005% per annum, in the case of the 1166 Avenue of the Americas Trust Mortgage Loan or any successor REO Trust Mortgage Loan with respect thereto.
Outside Servicing Fee Rate. 0.02% per annum in the case of the Mall of America Trust Mortgage Loan or any successor REO Trust Mortgage Loan with respect thereto; and 0.01% per annum in the case of each other Outside Serviced Trust Mortgage Loan or any successor REO Trust Mortgage Loan with respect thereto.
Outside Servicing Fee Rate. With respect to the Seattle Space Needle Trust Mortgage Loan or any successor REO Trust Mortgage Loan with respect thereto, 0.02% per annum; and, with respect to each other Outside Serviced Trust Mortgage Loan or any successor REO Trust Mortgage Loan with respect thereto, 0.01% per annum.
Outside Servicing Fee Rate per annum in the case of the Outside Serviced Mortgage Loan or any successor REO Mortgage Loan with respect thereto.

Related to Outside Servicing Fee Rate

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

  • Master Servicing Fee Rate With respect to each Mortgage Loan, 0.25% per annum.

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

  • Primary Servicing Fee Rate means, with respect to each Mortgage Loan, the rate that corresponds to such Mortgage Loan set forth on Exhibit A hereto under the heading “Primary Servicing Fee.”

  • Special Servicing Fee Rate With respect to each Specially Serviced Mortgage Loan and each REO Loan, 0.25% 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.

  • Excess Servicing Fee Rate The rate of 0.0% per annum with respect to each Mortgage Loan.

  • Servicing Fee Percentage With respect to each Mortgage Loan, the percentage specified on the Servicer Mortgage Loan Schedule.

  • Series Servicing Fee Percentage means 2.0%.

  • Trustee Fee Rate 0.0025% per annum.

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

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

  • 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.

  • Operating Advisor Fee Rate With respect to each Interest Accrual Period, a rate equal to 0.00125% per annum.

  • Program Fee Rate is defined in the Fee Letter.

  • Excess Servicing Fee Right With respect to each Mortgage Loan (including an REO Mortgage Loan with respect thereto), the right to receive Excess Servicing Fees. In the absence of any transfer of the Excess Servicing Fee Right, the Master Servicer shall be the owner of such Excess Servicing Fee Right.

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

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

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

  • Certificate Administrator Fee Rate 0.0031% per annum.

  • Subservicing Fee As to any Mortgage Loan, the fee payable monthly to the related Subservicer (or, in the case of a Nonsubserviced Mortgage Loan, to the Master Servicer) in respect of subservicing and other compensation that accrues at an annual rate equal to the excess of the Mortgage Rate borne by the related Mortgage Note over the rate per annum designated on the Mortgage Loan Schedule as the "CURR NET" for such Mortgage Loan.

  • Base Servicing Fee means the fee payable to the Servicer on each Distribution Date for services rendered during the related Collection Period, which shall be equal to one-twelfth of the Servicing Rate multiplied by the Pool Balance as of the close of business on the last day of the immediately preceding Collection Period or, with respect to the first Distribution Date, the Original Pool Balance.

  • L/C Fee Rate means the rates set forth in Schedule 1 hereto beside the then applicable Level.

  • 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 July 2006 only, the portion of the Closing Date Deposit Amount allocable to principal (calculated on an actual/360 basis).

  • Class B Servicing Fee shall have the meaning specified in Section 3.01.

  • Class A Servicing Fee shall have the meaning specified in Section 3.01.