Servicing Fees. With respect to each Mortgage Loan and REO Loan, the Master Servicing Fee and the Special Servicing Fee.
Servicing Fees means the fee payable to the Servicer on each Payment Date in arrears in respect of each Remittance Period, which fee shall be equal to the product of (i) 0.50%, (ii) the arithmetic mean of the aggregate Outstanding Balance of all Eligible Loan Assets on the first day and on the last day of the related Remittance Period and (iii) the actual number of days in such Remittance Period divided by 360; provided that the rate set forth in clause (i) hereof may be increased up to 0.75% at the discretion of the Administrative Agent in the event that a successor Servicer is appointed pursuant to Section 6.01(c).
Servicing Fees means (a) any fees paid to or retained by a Servicer in connection with the servicing obligations undertaken by the Servicer in accordance with the Related Servicing Agreement and(b) any fees and ancillary income retained by or expenses reimbursed to the Authority with respect to Mortgage Loans serviced by the Authority.
Examples of Servicing Fees in a sentence
For Class S shares and Class D shares sold by Participating Broker-Dealer and held in custody with any such custodian, any Servicing Fees for such shares shall be paid by the Dealer Manager to such custodian.
Subject to the conditions described herein, for Class S shares and Class D shares sold by Participating Broker-Dealer, the Dealer-Manager shall reallow any Servicing Fees, in an amount described above, directly to Participating Broker-Dealer unless such shares are held in custody at a qualified custodian with which the Dealer Manager has an agreement directing that any such Servicing Fees be paid to such custodian.
More Definitions of Servicing Fees
Servicing Fees means: (a) with respect to each Serviced Mortgage Loan (and any successor REO Mortgage Loan with respect thereto), the Master Servicing Fee and the Special Servicing Fee; and (b) with respect to each Outside Serviced Trust Mortgage Loan (or any successor REO Trust Mortgage Loan with respect thereto), the Master Servicing Fee.
Servicing Fees shall have the meaning attributed to such term in the Servicing Agreement; provided, however that, after the appointment of any Successor Servicer, the Servicing Fees shall mean the Successor Servicer Fees payable to such Successor Servicer.
Servicing Fees. With respect to each Mortgage Loan and any successor REO Loan with respect thereto, the Master Servicing Fee and the Special Servicing Fee.
Servicing Fees. With respect to each Mortgage Loan, Mortgaged Property and Lease, the Property Management Fee, the Back-Up Fee, the Special Servicing Fee, if any, and the Additional Servicing Compensation, if any.
Servicing Fees means (a) any fees paid to or retained by a Lender in connection with the servicing obligations undertaken by the Lender in accordance with the Related Mortgage Purchase Agreement and (b) any fees retained by or expenses reimbursed to UHC with respect to Mortgage Loans serviced by UHC.