Operating Advisor Fees definition

Operating Advisor Fees shall have the meaning given to such term or an analogous term in each of the Note A-1 PSA, the Note A-2 PSA, the Note A-3-1 PSA, the Note A-3-2 PSA, the Note A-4 PSA, the Note A-5-1 PSA, the Note A-5-2 PSA, the Note A-6 PSA and the Note A-7 PSA.
Sample 1Sample 2Sample 3
Operating Advisor Fees shall have the meaning given to such term or an analogous term in each of the Note A-1 PSA and the Note A-2 PSA.
Sample 1Sample 2Sample 3
Operating Advisor Fees. Means the Monthly Operating Advisor Fee, the Operating Advisor Consulting Fee and the Operating Advisor Review Fee, as applicable.
Sample 1Sample 2

Examples of Operating Advisor Fees in a sentence

  • The Servicer shall pay to the Operating Advisor the Operating Advisor Fees on the Remittance Date of each month from amounts on deposit in the Collection Account in accordance with Section 3.03(b)(iv) hereof.

  • The right to receive the Operating Advisor Fees may not be transferred in whole or in part except in connection with the transfer of all of the Operating Advisor’s responsibilities and obligations under this Agreement.

  • The Operating Advisor Fees shall be payable monthly on the Remittance Date.

  • As consideration for the performance of its duties with respect to the Collateral Interests subject to this Agreement, the Operating Advisor shall be entitled to the Operating Advisor Fees for each Collateral Interest remaining subject to this Agreement during any calendar month or part thereof.

  • As consideration for the performance of its duties with respect to the Mortgage Loans subject to this Agreement, the Operating Advisor shall be entitled to the Operating Advisor Fees for each Mortgage Loan remaining subject to this Agreement during any calendar month or part thereof.

  • If the duties of the Operating Advisor are terminated or this Agreement is otherwise terminated as herein provided, the Operating Advisor shall be entitled to all Operating Advisor Fees and other compensation and fees due the Operating Advisor that have accrued and that are owing to the Operating Advisor under the terms of this Agreement as of the effective date of such termination.


More Definitions of Operating Advisor Fees

Operating Advisor Fees. Means the Monthly Operating Advisor Fee, the Operating Advisor Consulting Fee and the Operating Advisor Review Fee, as applicable. “Operating Advisor Review Fee”: Means an amount equal to $1,500 with respect to each Two Quarter Future Advance Estimate reviewed by the Operating Advisor. “Operating Advisor Standard”: As defined in Section 3.22(b). “Operating Advisor Termination Event”: As defined in Section 7.06(b). “Optional Redemption”: As defined in the Indenture. “Other Borrower Request”: Any Non-material Borrower Request or request for any Future Funding Amount. “Par Purchase Price”: As defined in Section 3.17. “Pari Passu Participation”: A fully funded pari passu participation interest in a Mortgage Loan or a Combined Loan. “Participated Loan”: Any Mortgage Loan or Combined Loan in which a Pari Passu Participation represents an interest. “Participation”: As defined in the Indenture. “Participation A-2 Holder”: As defined in the related Participation Agreement. “Participation Agent”: With respect to any Participated Loan that is a Non-CLO Custody Collateral Interest, the party designated as such under the related Participation Agreement. “Participation Agent Fee”: With respect to each Participated Loan that is a Non- CLO Custody Collateral Interest, the sum of $250 per month. “Participation Agreement”: With respect to each Participated Loan, the participation agreement that governs the rights and obligations of the holders of the related Pari Passu Participation, the related Future Funding Companion Participation and, if applicable, the Related Funded Companion Participation. “Participation Holder Register”: Shall have the meaning ascribed it in Section 3.25(b) hereof. “Patewood Repurchase Event”: As defined in the Indenture. 00000000.00.
Sample 1
Operating Advisor Fees. All fees payable and amounts reimbursable to the Operating Advisor in accordance with the Servicing Agreement.
Sample 1

Related to Operating Advisor Fees

  • Operating Advisor means the operating advisor appointed as provided in the Lead Securitization Servicing Agreement.

  • Non-Lead Operating Advisor means the “trust advisor”, “operating advisor” or other analogous term under any Non-Lead Securitization Servicing Agreement.

  • Special Servicing Fees shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing Agreement.

  • Servicing Fees With respect to each Mortgage Loan and REO Loan, the Master Servicing Fee and the Special Servicing Fee.

  • Lead Servicer means the master servicer designated under the Note A-1 PSA.

  • Non-Lead Servicer means any Non-Lead Master Servicer or Non-Lead Special Servicer, as the context may require.