Administrator Fee Rate definition

Administrator Fee Rate. ' means, if applicable, the rate set forth in the Series CertiÑcate Agreement or provided by notice from Freddie Mac to the Administrator and the Sponsor.
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Administrator Fee Rate means, if applicable, the rate set forth in the Series Certificate Agreement or provided by notice from Fxxxxxx Mac to the Administrator and the Sponsor.
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Administrator Fee Rate. As defined in the Series Supplement.
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Examples of Administrator Fee Rate in a sentence

  • As to each Mortgage Loan and REO Loan (other than the portion of an REO Loan related to any Companion Loan), the Trustee Fee shall be paid as a portion of the Certificate Administrator Fee, which fee shall accrue from time to time at the Certificate Administrator Fee Rate and the Certificate Administrator Fee shall be computed on the basis of the Stated Principal Balance of such Mortgage Loan and a 360-day year consisting of twelve 30-day months.

  • As to each Mortgage Loan and REO Loan, the Trustee Fee shall accrue from time to time at the Certificate Administrator Fee Rate and the Certificate Administrator Fee shall be computed on the basis of the Stated Principal Balance of such Mortgage Loan and a 360-day year consisting of twelve 30-day months.

  • As to each Mortgage Loan and REO Mortgage Loan, the Certificate Administrator Fee shall accrue during each calendar month, commencing with May 2015, at the Certificate Administrator Fee Rate on a principal amount equal to the Stated Principal Balance of such Mortgage Loan or REO Mortgage Loan, as the case may be, immediately following the Distribution Date in such calendar month (or, in the case of May 2015, on a principal amount equal to the Cut-off Date Principal Balance of the particular Mortgage Loan).

  • Securities Administrator Fee: An amount equal to 1/12 of the product of (i) the Stated Principal Balance of the Mortgage Loans as of the first day of the related Due Period and (ii) the Securities Administrator Fee Rate.

  • An amount equal to 1/12 of the product of (i) the Stated Principal Balance of the Mortgage Loans as of the first day of the related Due Period and (ii) the Securities Administrator Fee Rate.

  • As to each Mortgage Loan and REO Loan, the Trustee Fee shall accrue from time to time at the Trustee Fee Rate, the Certificate Administrator Fee shall accrue from time to time at the Certificate Administrator Fee Rate and both the Trustee Fee and Certificate Administrator Fee shall be computed on the basis of the Stated Principal Balance of such Mortgage Loan and a 360-day year consisting of twelve 30-day months.

  • Expense Adjusted NetMortgage Rates:The per annum rate equal to the weighted average of the mortgage rates of each Mortgage Loan minus (a) the Trustee Fee Rate; (b) the Servicing Fee Rate; (c) the Master Servicing & Trust Administrator Fee Rate; and (d) the amount of any Net Swap Payment, expressed as a rate based on the Stated Principal Balance of the Mortgage Loans, for such period.

  • Aggregate Expense Rate: The sum of the Master Servicing Fee Rate, the Securities Administrator Fee Rate, the applicable Servicing Fee Rate and the Trustee Fee Rate.

  • As to each Mortgage Loan and REO Mortgage Loan, the Certificate Administrator Fee shall accrue during each calendar month, commencing with May 2014, at the Certificate Administrator Fee Rate on a principal amount equal to the Stated Principal Balance of such Mortgage Loan or REO Mortgage Loan, as the case may be, immediately following the Distribution Date in such calendar month (or, in the case of May 2014, on a principal amount equal to the Cut-off Date Principal Balance of the particular Mortgage Loan).

  • Certificate Administrator Fee Rate Fee Schedule The annual administration fee, as stated in the Fee Schedule.


More Definitions of Administrator Fee Rate

Administrator Fee Rate means 0.200%.
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Administrator Fee Rate means 0%.
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Administrator Fee Rate means 0.250%.
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Related to Administrator Fee Rate

  • Trustee Fee Rate 0.0025% per annum.

  • Administration Fee Rate The sum of (i) the Servicing Fee Rate, (ii) the Master Servicing Fee Rate and (iii) the Credit Risk Management Fee Rate.

  • Program Fee Rate has the meaning set forth in the Fee Letter.

  • Master Servicing Fee Rate With respect to each Mortgage Loan, 0.25% per annum.

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

  • Special Servicing Fee Rate With respect to each Specially Serviced Mortgage Loan and each REO Loan, 0.25% per annum.

  • Net Servicing Fee Rate means (a) so long as the Seller or The Bank of New York is the Servicer, 1.25% per annum and (b) if the Seller or The Bank of New York is no longer the Servicer, 2.0% per annum.

  • Subservicing Fee Rate The per annum rate designated on the Mortgage Loan Schedule as the "SUBSERV FEE".

  • Primary Servicing Fee Rate means, with respect to each Mortgage Loan, the rate that corresponds to such Mortgage Loan set forth on Exhibit A hereto under the heading “Primary Servicing Fee.”

  • Administrative Fee Rate The sum of the Servicing Fee Rate, the Trustee/Certificate Administrator Fee Rate and the CREFC® Licensing Fee Rate.

  • Excess Servicing Fee Rate The rate of 0.0% per annum with respect to each Mortgage Loan.

  • L/C Fee Rate with respect to each Letter of Credit at any date, the applicable percentage per annum set forth below based upon the Status on such date: Level I Level II Level III Level IV Level V Level VI Status Status Status Status Status Status ------ ------ ------ ------ ------ ------ 0.45% 0.50% 0.60% 0.70% 0.90% 1.20%

  • Fee Rate means initially 0.25% per annum, which shall be subject to increase by 0.25% per annum for each Week in respect of which any Failure has occurred and is continuing.

  • Expense Fee Rate As to each Mortgage Loan, the sum of (a) the related Servicing Fee Rate and (b) the Trustee Fee Rate.

  • Unused Fee Rate means a rate equal to 0.50% per annum.

  • Servicing Fee Percentage With respect to each Mortgage Loan, the percentage specified on the Servicer Mortgage Loan Schedule.

  • Workout Fee Rate With respect to each Corrected Mortgage Loan, 1.00%.

  • Custodian Fee Rate As to any Distribution Date, the applicable Custodian Fee for such Distribution Date, converted to a per annum rate on (i) the aggregate Stated Principal Balance of the Mortgage Loans as of the first day of the related Interest Accrual Period and (ii) with respect to the Determination Date in May 2006 only, the portion of the Closing Date Deposit Amount allocable to principal (calculated on an actual/360 basis), but in no event shall the Custodian Fee Rate be less than 0.0035%.

  • Undrawn Fee Rate For any VFN Class, the rate set forth or described in the related Indenture Supplement, if any. United States and U.S.: The United States of America.

  • Applicable Fee Rate means, at any time, the percentage rate per annum at which Commitment Fees are accruing on the unused portion of the Aggregate Commitment at such time as set forth in the Pricing Schedule.

  • Utilization Fee Rate means the percentage set forth in Schedule 1 hereto beside the then applicable Level.

  • Facility Fee Rate means a rate per annum determined in accordance with the Pricing Schedule.