Pari Passu Primary Servicing Fee Rate definition

Pari Passu Primary Servicing Fee Rate. With respect to any Pari Passu Mortgage Loan or Serviced Pari Passu Companion Loan, a rate equal to 0.01% per annum (1 basis point).

Pari Passu Primary Servicing Fee Rate. With respect to (A) the Bank of America Plaza Mortgage Loan or any Bank of America Plaza Pari Passu Companion Loan, a rate equal to 0.01% per annum (1 basis point), (B) the Columbus Square Portfolio Mortgage Loan or any Columbus Square Portfolio Companion Loan, a rate equal to 0.01% per annum (1 basis point), and (C) the Stamford Plaza Portfolio Mortgage Loan or any Stamford Plaza Portfolio Companion Loan, a rate equal to 0.005% per annum (0.5 basis points).

Pari Passu Primary Servicing Fee Rate. With respect to (A) the Patriots Park Mortgage Loan or any Patriots Park Pari Passu Companion Loan, a rate equal to 0.0025% (0.25 basis points) per annum, (B) the 760 & 800 Xxxxxxxxxxx Xxxxxx Mortgage Loan or any 760 & 800 Xxxxxxxxxxx Xxxxxx Pari Passu Companion Loan, a rate equal to 0.0025% (0.25 basis points) per annum, (C) the Eastgate One Phases I-VII & XII Mortgage Loan or any Eastgate One Phases I-VII & XII Pari Passu Companion Loan, a rate equal to 0.01% (1 basis point) per annum, (D) the Stanford Research Park Mortgage Loan or any Stanford Research Park Pari Passu Companion Loan, a rate equal to 0.0025% (0.25 basis points) per annum, (E) the Eastgate Two Phases VIII-X Mortgage Loan or any Eastgate Two Phases VIII-X Pari Passu Companion Loan, a rate equal to 0.01% (1 basis point) per annum, (F) the 100 Xxxx 00xx Xxxxxx Mortgage Loan, a rate equal to 0.0025% (0.25 basis points) per annum, (G) Hotel Axxxx Mortgage Loan or any Hotel Axxxx Xxxx Passu Companion Loan, a rate equal to 0.0025% (0.25 basis points) per annum and (G) the Gateway Portfolio Mortgage Loan or any Gateway Portfolio Pari Passu Companion Loan, a rate equal to 0.0025% (0.25 basis points) per annum.

Examples of Pari Passu Primary Servicing Fee Rate in a sentence

• Term · ARD (Yes/No) · Primary Servicing Fee Rate · Pari Passu Primary Servicing Fee Rate [See attached] BACM 2015-UBS7 Mortgage Loan Schedule BANA Loan Number Mortgage Loan Seller Property Name Cut-off Balance Address City State Note Date Maturity/ARD Date Interest Rate Original Balloon Term (Months) Remaining Term to Maturity (Months) Original Amort.

• The following parenthetical shall not be incorporated and shall be disregarded: “(or, (i) in the case of a Serviced Pari Passu Mortgage Loan, at the sum of the applicable Master Servicing Fee Rate and the applicable Pari Passu Primary Servicing Fee Rate or (ii) in the case of a Serviced Pari Passu Companion Loan, at the applicable Pari Passu Primary Servicing Fee Rate).” The second paragraph of Section 3.11(a) is not incorporated herein.

• The following parenthetical shall not be incorporated and shall be disregarded: “(or, (i) in the case of a Serviced Pari Passu Mortgage Loan, at the sum of the applicable Master Servicing Fee Rate and the applicable Pari Passu Primary Servicing Fee Rate or (ii) in the case of a Serviced Pari Passu Companion Loan, at the applicable Pari Passu Primary Servicing Fee Rate).” The second paragraph of Section 3.11(a) of the Pooling and Servicing Agreement is not incorporated herein.

More Definitions of Pari Passu Primary Servicing Fee Rate

Pari Passu Primary Servicing Fee Rate. With respect to (A) the 0 Xxxxxxxx Xxxxxx Mortgage Loan, a rate equal to 0.0025% (0.25 basis points) per annum, (B) the Walgreens Portfolio Mortgage Loan or either Walgreens Portfolio Pari Passu Companion Loan, a rate equal to 0.0025% (0.25 basis points) per annum, and (C) the Xxxxx Xxxx/San Xxxxx Mortgage Loan or the Xxxxx Xxxx/San Xxxxx Xxxx Passu Companion Loan, a rate equal to 0.01% (1 basis point) per annum.

Pari Passu Primary Servicing Fee Rate. With respect to (A) the JW Marriott New Orleans Mortgage Loan or the JW Marriott New Orleans Pari Passu Companion Loan, a rate equal to 0.01% (1 basis point) per annum, (B) the Colorado Mxxxx Mortgage Loan, a rate equal to 0.01% (1 basis point) per annum, and (C) the Depot Park Mortgage Loan or any Depot Park Companion Loan, a rate equal to 0.05% (5 basis points) per annum.

Pari Passu Primary Servicing Fee Rate. With respect to (A) the Eastgate One Phases I-VII & XII Mortgage Loan or the Eastgate One Phases I-VII & XII Pari Passu Companion Loan, a rate equal to 0.01% (1 basis point) per annum, (B) the Eastgate Two Phases VIII-X Mortgage Loan or the Eastgate Two Phases VIII-X Pari Passu Companion Loan, a rate equal to 0.01% (1 basis point) per annum, (C) the Brickyard Square Mortgage Loan or the Brickyard Square Pari Passu Companion Loan, a rate equal to 0.01% (1 basis point) per annum, and (D) the Commerce Point I & II Mortgage Loan, a rate equal to 0.0025% (0.25 basis points) per annum.

Pari Passu Primary Servicing Fee Rate. With respect to (i) any Pari Passu Mortgage Loan (other than the Woodbridge Center Mortgage Loan) or Serviced Pari Passu Companion Loan, a rate equal to 0.01% per annum (1 basis point), and (ii) the Woodbridge Center Mortgage Loan, a rate equal to 0.03% per annum (3 basis points).

Pari Passu Primary Servicing Fee Rate. With respect to (A) the JW Marriott New Orleans Mortgage Loan or the JW Marriott New Orleans Pari Passu Companion Loan, a rate equal to 0.01% (1 basis point) per annum, and (B) the AMCP Portfolio Mortgage Loan, a rate equal to 0.01% (1 basis point) per annum.

Pari Passu Primary Servicing Fee Rate. With respect to any Pari Passu Mortgage Loan or Serviced Pari Passu Companion Loan, a rate equal to1 basis point per annum.

Pari Passu Primary Servicing Fee Rate. With respect to (A) the St. Xxxxx Town Center Mortgage Loan, the St. Xxxxx Town Center Pari Passu Companion Loan, or the Trust Subordinate Companion Loan, a rate equal to 0.0100% per annum (1 basis point), (B) the Gateway Center Phase II Mortgage Loan, a rate equal to 0.0050% per annum (½ basis point), and (C) the Crossings at Corona Mortgage Loan, a rate equal to 0.0100% per annum (1 basis point).