Trust Administrator Fee definition

Trust Administrator Fee. As to any Distribution Date, an amount equal to one month’s interest at the Trust Administrator Fee Rate on the aggregate Stated Principal Balance of the Mortgage Loans calculated as of the first day of the related Collection Period.

Trust Administrator Fee. As to each WMMSC Serviced Mortgage Loan and any Distribution Date, an amount equal to one month’s interest at the Trust Administrator Fee Rate on the Stated Principal Balance of such Mortgage Loan calculated as of the first day of the related Collection Period. Trust Administrator Fee Rate: As to each WMMSC Serviced Mortgage Loan, a per annum rate equal to 0.0025%.

Trust Administrator Fee. As specified in Section 10.05.

Examples of Trust Administrator Fee in a sentence

• As compensation for its services hereunder, the Trust Administrator shall be entitled to withdraw from the Certificate Account (i) the amount of the Trust Administrator Fee, if any, pursuant to Section 3.08(b)(i) for each Mortgage Loan prior to any distributions on the Certificates and (ii) the investment income or other benefit derived from balances in the Certificate Account pursuant to Section 3.05(e).

• As compensation for its services hereunder, the Trust Administrator shall be (i) entitled to withdraw from the Certificate Account the amount of the Trust Administrator Fee pursuant to Section 3.08(b)(i) for each Mortgage Loan prior to any distributions on the Certificates and (ii) entitled to the investment income or other benefit derived from balances in the Certificate Account pursuant to Section 3.05(e).

• As compensation for its services hereunder, the Trust Administrator shall be entitled to withdraw from the Certificate Account (i) the amount of the Trust Administrator Fee, if applicable, pursuant to Section 3.08(b)(i) for each Mortgage Loan prior to any distributions on the Certificates and (ii) the earnings on amounts on deposit therein pursuant to Section 3.08(b)(i) prior to any distributions on the Certificates.

• As compensation for its services hereunder, the Trust Administrator shall be entitled to the investment income or other benefit derived from balances in the Certificate Account pursuant to Section 3.05(e) (the "Trust Administrator Fee").

• The Closed-End Servicer will pay from the Servicing Fee: (i) the Titling Trustee Fee to the Titling Trustee, (ii) the Titling Trust Administrator Fee to the Titling Trust Administrator and (iii) all general corporation, intangible, franchise, privilege or license taxes with respect to the Closed-End Leases and Closed-End Vehicles, in each case to the extent allocable to the Closed-End Collateral Specified Interest.

More Definitions of Trust Administrator Fee

Trust Administrator Fee. As to each Mortgage Loan, the annual fee payable to the Trust Administrator. Such fee shall be calculated and payable monthly and shall accrue at the rate of .0085% per annum, in the case of the Pool I Mortgage Loans, and .0110% per annum, in the case of the Pool II Mortgage Loans, and shall be computed on the basis of the same principal amount and for the period respecting which any related interest payment on such Mortgage Loan is computed.

Trust Administrator Fee. The Group I Trust Administrator Fee and the Group II Trust Administrator Fee.

Trust Administrator Fee. As set forth in Section 10.05. Trust Administrator Fee Rate: As to each Mortgage Loan, a per annum rate equal to 0.00%.

Trust Administrator Fee. As to each Mortgage Loan, the annual fee payable to the Trust Administrator.

Trust Administrator Fee. As to each Distribution Date, the fee payable to the Trust Administrator in respect of its obligations under this Agreement which is calculated as an amount equal to the product of 1/12th of the Trust Administrator Fee Rate and the Pool Balance as of the beginning of the related Due Period.

Trust Administrator Fee. As set forth in Section 10.05. Trust Administrator Fee Rate: As defined in the Series Supplement.

Trust Administrator Fee. The fee owed to the Trust Administrator in respect of its obligations under this Agreement.