Funding Fee Sample Clauses

Funding Fee. Seller shall pay to Bank a Funding Fee for each Participated Mortgage Loan as compensation for Bank’s costs and expenses incurred in connection with underwriting and processing its purchase of the Participation Interest in such Participated Mortgage Loan and administering such Participation Interest hereunder. The Funding Fee with respect to any Participated Mortgage Loan shall be: (a) earned in full by Bank on the related Purchase Date; and (b) payable to Bank by Seller upon the earlier to occur of the date on which: (i) all or any portion of the related Participation Interest is to be repurchased by Seller from Bank as contemplated by and in accordance with the terms of this Agreement; (ii) such Participated Mortgage Loan is sold to a Take-Out Purchaser as contemplated by and in accordance with the terms of this Agreement; or (iii) the entire principal balance of such Participated Mortgage Loan has been paid in full by the related Borrower.
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Funding Fee. (i) On the Closing Date, the Borrower will pay to the Administrative Agent a funding fee equal to 1.25% of the aggregate principal amount of the Loans funded on the Closing Date, which fee due and payable in full on the Closing Date.
Funding Fee. (Calculated as .25% (.0025) on the SBA portion of the loan).
Funding Fee. The Borrower shall pay to the Lender a closing fee (the “Funding Fee”) in an amount equal to $3,600,000. Upon the funding of the Loan by the Lender on the Closing Date, the Funding Fee shall be deemed fully earned and shall be added on the Closing Date to the principal amount of the Loan which shall be payable in accordance with Section 2.03 hereof.
Funding Fee. On the date of each Loan the Company shall pay to the Facility Agent (for the account of each Lender pro rata to its participation in that Loan) a fee in the Base Currency in an amount equal to 0.325% of the amount of such Loan.
Funding Fee. The Borrower agrees to pay on the Closing Date (x) to each Term B Lender party to this Agreement on the Closing Date, as fee compensation for the funding of such Lender’s Term B Loan, a funding fee (the “Term B Closing Date Funding Fee”) in an amount equal to 1.00% of the stated principal amount of such Lender’s Term B Loans funded on the Closing Date and (y) to each Revolving Credit Lender party to this Agreement on the Closing Date, as fee compensation for the funding of such Lender’s Revolving Credit Commitment, a funding fee (the “Revolving Credit Commitment Closing Date Funding Fee” and together with the Term B Closing Date Funding Fee, the “Closing Date Funding Fees”) in an amount equal to (i) 0.75% of the stated principal amount of such Lender’s Revolving Credit Commitment on the Closing Date, if such Revolving Credit Commitment is less than $15,000,000 and (ii) 1.00% of the stated principal amount of such Lender’s Revolving Credit Commitment on the Closing Date if clause (i) does not apply.
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Funding Fee. If applicable, the VA Funding fee shall be paid as follows: 25 □ A. in full at closing by . 26 □ B. added to the loan amount and financed. (If checked, then the term “loan amount” as used herein shall mean the 27 amount set forth in the Purchase and Sale Agreement plus the VA funding fee so financed; the monthly payments 28 will increase accordingly.)
Funding Fee. The Borrower shall pay to the Administrative Agent for the ratable account of the Lenders on the aggregate Loans of each such Lender, a funding fee in Pounds Sterling in an amount equal to 0.50% of the aggregate principal amount of the Loans funded on any Borrowing Date, due and payable in cash on each such Borrowing Date.
Funding Fee. Borrower paid the Funding Fee at the date of the initial funding of the Loan.
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