Administrator Fee definition

Administrator Fee means the fee payable to the Administrator for services it provides to the Trust, which the Sponsor shall pay the Administrator as a Sponsor-paid Expense.

Administrator Fee shall equal $1,000 paid annually.

Administrator Fee means, for any Payment Date, the compensation payable to the Administrator on such Payment Date in accordance with the terms of, and designated as such in, the Administrative Services Agreement.

Examples of Administrator Fee in a sentence

• As compensation for the performance of its duties hereunder, the Certificate Administrator shall be paid its portion of the Trustee/Certificate Administrator Fee, which shall cover recurring and otherwise reasonably anticipated expenses of the Certificate Administrator.

• The Certificate Administrator shall pay the Trustee the Trustee’s portion of the Trustee/Certificate Administrator Fee.

• The Trustee/Certificate Administrator Fee (which in each case shall not be limited by any provision of law in regard to the compensation of a trustee of an express trust) shall constitute the Trustee’s and the Certificate Administrator’s sole form of compensation for all services rendered by each of them in the execution of the trusts hereby created and in the exercise and performance of any of the powers and duties of the Trustee or the Certificate Administrator, as applicable, hereunder.

• No Trustee/Certificate Administrator Fee shall be payable with respect to any Companion Loan.

• The Trustee/Certificate Administrator Fee shall be paid monthly on a Mortgage Loan-by-Mortgage Loan basis.

More Definitions of Administrator Fee

Administrator Fee is defined in the Administration Agreement.

Administrator Fee means the annual fee payable to the Administrator for its services pursuant to the Administration Agreement, which shall be $2,000 payable in May of each year beginning in May 2021.

Administrator Fee shall equal on each Payment Date an amount equal to the product of (i) one-twelfth and (ii) (A) if Bluegreen or an affiliate thereof is the Administrator, $1,000.00 and (B) if WTC is the Administrator, $20,000.00.

Administrator Fee means the fee equal to 1.20% per annum of the Global NAV, calculated daily and paid monthly in arrears out of the Portfolio to the Administrator.

Administrator Fee means the annual or monthly fee payable to the Administrator for serving in such capacity as provided in the Reimbursement Agreement.

Administrator Fee means, if applicable, the annual amount payable to the Administrator (if other than Fxxxxxx Mac), determined by multiplying the Administrator Fee Rate by the Aggregate Outstanding Bond Balance.

Administrator Fee. ' means, if applicable, the annual amount payable to the Administrator (if other than Freddie Mac), determined by multiplying the Administrator Fee Rate by the Aggregate Outstanding Bond Balance.