Common use of Extension Fee Clause in Contracts

Extension Fee. An Affiliate of the General Partners may receive a fee payable by a borrower for extending the loan period in an amount equal to a percentage of the loan.

Appears in 9 contracts

Sources: Limited Partnership Agreement (Redwood Mortgage Investors Viii), Limited Partnership Agreement (Redwood Mortgage Investors Viii), Limited Partnership Agreement (Redwood Mortgage Investors Viii)

Extension Fee. An A General Partner or an Affiliate of the General Partners may receive a fee payable by a borrower for extending the loan Loan period in an amount equal to a percentage of the loan.

Appears in 1 contract

Sources: Limited Partnership Agreement (Redwood Mortgage Investors Viii)