Servicing Fee Rate definition

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

Servicing Fee Rate means 1.00% per annum.

Servicing Fee Rate. With respect to each Mortgage Loan, the per annum rate set forth on the Mortgage Loan Schedule.

Examples of Servicing Fee Rate in a sentence

• 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 (a) the Class B Floating Percentage, (b) the Servicing Fee Rate and (c) the Servicing Base Amount.

• 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 Servicing Fee Rate and (c) the Servicing Base Amount.

• The share of the Monthly Servicing Fee allocable to the Collateral Interest with respect to any Distribution Date (the “Collateral Servicing Fee”) shall be equal to one-twelfth of the product of the (a) Collateral Floating Percentage, (b) the Servicing Fee Rate and (c) the Servicing Base Amount.

More Definitions of Servicing Fee Rate

Servicing Fee Rate shall have the meaning applied to such term in the Servicing Agreement, being the rate per annum which, when applied to the Mortgage Loan Principal Balance (which may be a different rate with respect to each of the Notes), will determine the servicing fee payable to the Master Servicer under the Servicing Agreement.

Servicing Fee Rate shall have the meaning given thereto in the Lead Securitization Servicing Agreement (or other analogous term under the Lead Securitization Servicing Agreement).

Servicing Fee Rate. With respect to each Mortgage Loan, the rate specified in the related Servicing Agreement.

Servicing Fee Rate shall be the per annum rate at which primary servicing fees are payable in respect of the Mortgage Loan as set forth in the Servicing Agreement. The Servicing Fee Rate shall not reflect any master servicing fees payable by any Noteholder.

Servicing Fee Rate. 0.50% per annum.

Servicing Fee Rate. With respect to a Mortgage Loan, as set forth in Section 11.25.

Servicing Fee Rate means [ ]% per annum.