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.
Net Servicing Fee Rate means 1.0% per annum.
Net Servicing Fee Rate means (a) so long as the
Examples of Net Servicing Fee Rate in a sentence
Net Servicing Fee Rate: The weighted average of the servicing fee rates for the Mortgage Loans, weighted on the basis of the respective principal balances of such Mortgage Loans as of the Sale Date or Subsequent Sale Date.
Purchase Price: The product of (i) the Bid Multiple, (ii) the Net Servicing Fee Rate, and (iii) the unpaid principal balance of the Mortgage Loans as to which the related Mortgage Servicing Rights are sold on the Sale Date or a Subsequent Sale Date.
More Definitions of Net Servicing Fee Rate
Net Servicing Fee Rate means (i) so long as Citibank (South Dakota) or an Affiliate of Citibank (South Dakota) is the Servicer, 0.37% per annum and (ii) if Citibank (South Dakota) or an Affiliate of Citibank (South Dakota) is no longer the Servicer, 0.77% per annum.
Net Servicing Fee Rate means (a) so long as BANA or The Bank of New York Mellon is the Servicer, 1.25% per annum and (b) if BANA or The Bank of New York Mellon is no longer the Servicer, 2.0% per annum.
Net Servicing Fee Rate means, with respect to any Series, the net servicing fee rate, if any, specified in the related Supplement.
Net Servicing Fee Rate means the Servicing Fee Rate less the Servicer Interchange Percentage.
Net Servicing Fee Rate means 1%, if BCI is the Servicer, 2%, if BCI is not the Servicer, or for any Distribution Date in respect of which the Monthly Servicing Fee has been waived, 0%.
Net Servicing Fee Rate means (a) so long as the Transferor, an Affiliate thereof, the Bank or an Affiliate thereof is the Servicer, 1.25% per annum and (b) if the Transferor, an Affiliate thereof, the Bank or an Affiliate thereof is no longer the Servicer, 2% per annum.
Net Servicing Fee Rate means 1.0% per annum. ---------------------- "Pay Out Commencement Date" shall mean the date on which a Trust Pay ------------------------- Out Event is deemed to occur pursuant to