Additional Origination Fee Clause Samples
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Additional Origination Fee. Upon the closing of a Future Advance under Section 2.03(b) or an Additional Loan under Section 2.05, Borrower shall pay to Lender an origination fee (“Additional Origination Fee”) equal to the product obtained by multiplying (i) the amount of the Advance made on the Closing Date by (ii) 45 basis points (0.45%).
Additional Origination Fee. Upon the closing of a Future Advance drawn from an increase in the Commitment approved by Lender pursuant to Section 2.05, Borrower shall pay to Lender an origination fee equal to 50 basis points (0.50%) multiplied by the amount of the Future Advance.