Servicer Fee Rate definition

Servicer Fee Rate means a rate per annum equal to seven percent (7.00%).
Servicer Fee Rate means a rate per annum equal to four percent (4.00%); provided, that, from and after the Commitment Termination Date, so long as no Event of Termination, Servicer Default, Incipient Event of Termination or Incipient Servicer Default shall have occurred and be continuing (other than an Event of Termination that arises solely as a result of the failure of the Borrower to repay all Borrower Obligations in full on the Commitment Termination Date), the “Servicer Fee Rate” shall mean a rate per annum equal to seven percent (7.00%).
Servicer Fee Rate means a rate per annum equal to one point seventy-five percent (1.75%).

Examples of Servicer Fee Rate in a sentence

  • The Investors’ share of the Servicer Fee shall be equal to the Servicer Fee Rate multiplied by the average daily Aggregate Capital of the Investor Interests payable as provided above.

  • With respect to any Distribution Date, an amount equal to the product of (a) one-twelfth of the Securities Administrator, Backup Servicer and Master Servicer Fee Rate and (b) the sum of (i) the Stated Principal Balance of the Mortgage Loans as of the prior Distribution Date (or as of the Cut-off Date in the case of the first Distribution Date) and (ii) the Pre-Funding Amount.

  • The portion of the Servicer Fee payable by the Purchaser shall be equal to the Servicer Fee Rate multiplied by the average daily Capital of each Receivable Interest owned by the Purchaser, payable on each Settlement Date for such Receivable Interest.

  • The State has a significant property interest in its waters and a quasi- sovereign interest in protecting the quality of such waters.

  • CALCULATION OF SERVICING AND TRUSTEE FEES 352,382,054.64 multiplied by Servicer Fee Rate 0.50% divided by Months per Year 12 146,825.86 1,041.67 VI.


More Definitions of Servicer Fee Rate

Servicer Fee Rate means a rate per annum equal to 1.00%.
Servicer Fee Rate means 0.50% percent per annum.
Servicer Fee Rate means a rate per annum equal to four percent (4.00%); provided that, from and after the Revolving Loan Commitment Termination Date, so long as no Event of Termination, Servicer Default, Incipient Event of Termination or Incipient Servicer Default shall have occurred and be continuing (other than an Event of Termination that arises solely as a result of the failure of the Borrower to repay all Borrower Obligations in full on the Revolving Loan Commitment Termination Date), the “Servicer Fee Rate” shall mean a rate per annum equal to seven percent (7.00%).
Servicer Fee Rate. 1.50% per annum.
Servicer Fee Rate means 1.00%.
Servicer Fee Rate is defined in Section 2.4(b).
Servicer Fee Rate means a rate per annum equal to 0.25%.