Examples of Servicing Fee Percentage in a sentence
Investor Servicing Fee Percentage 2.0% per annum calculated on the basis of a 360-day year of twelve 30-day months.
The Bank, as Servicer, is entitled to receive as servicing compensation a monthly servicing fee in an amount equal to, with respect to each Series, one-twelfth of the product of the applicable Servicing Fee Percentage and the Invested Amount for such Series with respect to the related Monthly Period.
The share of the Servicing Fee allocable to Series 2009-VFN for any Transfer Date (the “Noteholder Servicing Fee”) shall be equal to one-twelfth of the product of (a) the Series Servicing Fee Percentage and (b) the Weighted Average Collateral Amount for the preceding Monthly Period; provided, however, that with respect to the first Transfer Date, the Noteholder Servicing Fee shall instead equal 33/360 of such product.
The share of the Servicing Fee allocable to Series 2009-VFC1 with respect to any Transfer Date (the “Investor Servicing Fee”) shall be equal to one-twelfth of the product of (i) the Series Servicing Fee Percentage and (ii) the Weighted Average Invested Amount for the Monthly Period preceding such Transfer Date.
The share of the Servicing Fee for each Monthly Period allocable to the Class A Certificates shall be equal to one-twelfth of the product of the Series Servicing Fee Percentage and the Class A Adjusted Invested Amount on the last day of the preceding Monthly Period (the "Class A Monthly Servicing Fee").