Examples of Operating Advisor Fee in a sentence

Xxxxxxx Mac agrees to promptly pay Operating Advisor the Operating Advisor Fee as set forth in Exhibit C hereto, or as otherwise agreed upon by Xxxxxxx Mac and Operating Advisor in writing, and to reimburse Operating Advisor for its ordinary, necessary and reasonable out of pocket expenses (including reasonable counsel fees and expenses as set forth in Exhibit C) incurred by Operating Advisor for all services rendered hereunder during the term of the Agreement.
Freddie Mac agrees to promptly pay Operating Advisor the Operating Advisor Fee as set forth in Exhibit C hereto, or as otherwise agreed upon by Freddie Mac and Operating Advisor in writing, and to reimburse Operating Advisor for its ordinary, necessary and reasonable out of pocket expenses (including reasonable counsel fees and expenses as set forth in Exhibit C) incurred by Operating Advisor for all services rendered hereunder during the term of the Agreement.

More Definitions of Operating Advisor Fee

Operating Advisor Fee. With respect to any Mortgage Loan (or any successor REO Mortgage Loan with respect thereto) or the Trust Subordinate Companion Loan (or any successor REO Companion Loan with respect thereto) and any Distribution Date, an amount accrued during the related Interest Accrual Period at the applicable Operating Advisor Fee Rate on, in the case of the initial Distribution Date, the Cut-Off Date Balance of such Mortgage Loan or Trust Subordinate Companion Loan, as applicable, and, in the case of any subsequent Distribution Date, the Stated Principal Balance of such Mortgage Loan or Trust Subordinate Companion Loan, as applicable, as of the close of business on the Distribution Date in the related Interest Accrual Period; provided that such amounts shall be computed for the same period and on the same interest accrual basis respecting which any related interest payment due or deemed due on the related Mortgage Loan or the Trust Subordinate Companion Loan is computed and shall be prorated for partial periods. Such fee shall be in addition to, and not in lieu of, any other fee or other sum payable to the Operating Advisor under this Agreement. For the avoidance of doubt, the Operating Advisor Fee shall be payable from the Lower-Tier REMIC or the 000 Xxxxx Xxxxxx REMIC, as applicable.

Operating Advisor Fee. With respect to each Mortgage Loan and any Distribution Date, an amount accrued during the related Interest Accrual Period at the applicable Operating Advisor Fee Rate on the Stated Principal Balance of such Mortgage Loan as of the close of business on the Distribution Date in such Interest Accrual Period; provided that such amounts shall be computed for the same period and on the same interest accrual basis respecting which any related interest payment due or deemed due on the related Mortgage Loan is computed and shall be prorated for partial periods. Such fee shall be in addition to, and not in lieu of, any other fee or other sum payable to the Operating Advisor under this Agreement. For the avoidance of doubt, the Operating Advisor Fee shall be payable from the Lower-Tier REMIC.

Operating Advisor Fee. With respect to each Mortgage Loan (including any Non-Serviced Mortgage Loan) and any Distribution Date, an amount accrued during the related Interest Accrual Period at the applicable Operating Advisor Fee Rate on the Stated Principal Balance of such Mortgage Loan (or such Non-Serviced Mortgage Loan, as applicable) as of the close of business on the Distribution Date in such Interest Accrual Period; provided that such amounts shall be computed for the same period and on the same interest accrual basis respecting which any related interest payment due or deemed due on the related Mortgage Loan is computed and shall be prorated for partial periods. Such fee shall be in addition to, and not in lieu of, any other fee or other sum payable to the Operating Advisor under this Agreement. For the avoidance of doubt, the Operating Advisor Fee shall be payable from the Lower-Tier REMIC.

Operating Advisor Fee. With respect to the Trust Loan, the fee payable to the Operating Advisor pursuant to Section 3.27(h).

Operating Advisor Fee. A fee payable monthly to the Operating Advisor pursuant to Section 9.5, that will accrue at the Operating Advisor Fee Rate, computed on the basis of the same principal amount, on the same interest accrual basis, and for the same Interest Accrual Period respecting which any related interest payment on the Trust Loan is computed. For the avoidance of doubt, the Operating Advisor Fee will be deemed payable from the Lower-Tier REMIC.

Operating Advisor Fee means the fee to be paid to Operating Advisor as compensation for Operating Advisor’s activities under this Agreement.