Common use of Bank Fee Clause in Contracts

Bank Fee. DORAL will charge a non refundable bank fee in the amount of FOUR THOUSAND EIGHT HUNDRED SIXTY DOLLARS ($4,860). This commission will be included in the first disbursement of the LOAN, earned completely by DORAL at that moment and deducted and charged by DORAL from the product of the disbursement of the LOAN. Such fee will not be refundable.

Bank Fee. DORAL will charge a non refundable bank fee in the amount of FOUR THIRTY FIVE THOUSAND EIGHT HUNDRED SIXTY DOLLARS ($4,86035,000). This commission will be included in the first disbursement of the LOAN, earned completely by DORAL at that moment and deducted and charged by DORAL from the product of the disbursement of the LOAN. Such fee will not be refundable.