Initial Origination Fee Sample Clauses

Initial Origination Fee. The Borrower has paid to the Lender an origination fee (“Initial Origination Fee”) equal to the product obtained by multiplying (i) the Commitment by (ii) .65%.
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Initial Origination Fee. Borrower shall pay to Lender on the Initial Closing Date an origination fee (“Initial Origination Fee”) equal to [*].
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Initial Origination Fee. The Borrower shall pay to Xxxxxx Xxx an origination fee (“Initial Origination Fee”) equal to $127,425 (which is equal to the product obtained by multiplying (i) the aggregate amount of the Loans as of the date of this Agreement ($16,990,000), by (ii) .75%). The Borrower shall pay the Initial Origination Fee on the Initial Closing Date.
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Initial Origination Fee. The Borrower shall pay to the Lender an origination fee (“Initial Origination Fee”) equal to $2,250,000 (which is equal to the product obtained by multiplying (i) the Commitment as of the date of this Agreement ($300,000,000), by (ii) .75%). The Borrower shall pay the Initial Origination Fee on the date of this Agreement. $1,687,500 of the Initial Origination Fee shall be paid on the Initial Closing Date. The remainder of the Initial Original Fee ($562,500) shall be paid on the earlier of (i) the date Advances exceed $225,000,000 (to the extent of such excess multiplied by .75%) and (ii) March 31, 2002.
Sample 1
Initial Origination Fee. The Borrower shall pay to the Lender an origination fee ("INITIAL ORIGINATION FEE") equal to $736,001.50 (which is equal to the product obtained by multiplying (i) the Commitment as of the date of this Agreement ($113,231,000), by (ii) .65%). The Borrower shall pay the Initial Origination Fee on the date of this Agreement.
Sample 1
Initial Origination Fee. The Borrower shall pay to the Lender an origination fee (“Initial Origination Fee”) equal to $750,000 (which is equal to the product obtained by multiplying (i) the Commitment as of the date of this Agreement ($100,000,000), by (ii) .75%). The Borrower shall pay the Initial Origination Fee on the date of this Agreement.
Sample 1
Initial Origination Fee. The Borrower shall pay to the Lender an origination fee ("Initial Origination Fee") equal to $1,800,000 (which is equal to the product obtained by multiplying (i) the Maximum Credit Facility Commitment as of the date of this Agreement ($300,000,000), by (ii) 60 basis points). The Borrower shall pay a portion of the Initial Origination Fee, in the amount of $1,705,350, on or before the Initial Closing Date. The remainder of the Initial Origination Fee, in the amount of $94,650, shall be due and payable to the Lender, in whole or in part, when one or more Additional Mortgaged Properties or Substituted Mortgaged Properties, are added to the Collateral Pool to increase the amount available to be borrowed under the Credit Facility (each, an "Additional Origination Fee"). The amount of the Additional Origination Fee that shall be paid, in each instance, will be in an amount equal to the product of: (i) the increase in the amount available to be borrowed under the Credit Facility up to the amount which, when added to the amount already available to be borrowed under the Credit Facility, equals the initial Maximum Credit Facility Commitment of $300,000,000, and (ii) 30 basis points. The origination fee that is payable in connection with any increase in the Maximum Credit Facility Commitment beyond $300,000,000 shall be governed by Section 18.2(b).
Sample 1
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Related to Initial Origination Fee

  • Origination Fee The Borrower shall pay the Lender a fully earned and non-refundable origination fee of $50,000, due and payable upon the execution of this Agreement.

  • Origination Fees As compensation for the investigation, selection, sourcing and acquisition or origination of Loans, the Company shall pay an Origination Fee to the Advisor for each such acquisition or origination. With respect to the acquisition or origination of a Loan to be wholly owned by the Company, the Origination Fee payable to the Advisor shall equal 1% of the amount funded by the Company to acquire or originate the Loan, including any Acquisition Expenses related to such investment and any debt used to fund the acquisition or origination of the Loan. With respect to the acquisition of a Loan through any Joint Venture or any partnership in which the Company is, directly or indirectly, a co-venturer or partner, the Origination Fee payable to the Advisor shall equal 1% of the portion of the amount actually paid or allocated to acquire or originate the Loan, inclusive of the Acquisition Expenses associated with such Loan, plus the amount of any outstanding debt associated with such Loan that is attributable to the Company’s investment in the Joint Venture or partnership. The Company will not pay an Origination Fee to the Advisor with respect to any transaction pursuant to which the Company is required to pay the Advisor an Acquisition Fee. Notwithstanding anything herein to the contrary, the payment of Origination Fees by the Company shall be subject to the limitations on Acquisition Fees contained in (and defined in) the Company’s Articles of Incorporation. The Advisor shall submit an invoice to the Company following the closing or closings of each Loan, accompanied by a computation of the Origination Fee. The Origination Fee payable to the Advisor shall be paid at the closing of the transaction upon receipt of the invoice by the Company.

  • Acquisition Fee Subject to Section 12(b), the Company shall pay an Acquisition Fee to the Advisor or its assigns as compensation for services rendered in connection with the investigation, selection and acquisition (by purchase, investment or exchange) of each Investment. If the Advisor is terminated without Cause pursuant to Section 18(b)(1), the Advisor or its assigns shall be entitled to an Acquisition Fee for any Investments acquired after the Termination Date for which a contract to acquire the applicable Investment had been entered into at or prior to the Termination Date. The total Acquisition Fee payable to the Advisor or its assigns shall be equal to 1.5% of (1) the Contract Purchase Price of each Investment and (2) the amount advanced for a Loan or other investment. The purchase price allocable for an Investment held through a Joint Venture shall equal the product of (i) the Contract Purchase Price of the Investment, multiplied by (ii) the direct or indirect ownership percentage in the Joint Venture held directly or indirectly by the Company or the Operating Partnership. For purposes of this Section 11(a), “ownership percentage” shall be the percentage of capital stock, membership interests, partnership interests or other equity interests owned directly or indirectly by the Company or the Operating Partnership, without regard to classification of such equity interests. The Company shall pay any Acquisition Fee due hereunder promptly upon the closing of the Investment. In addition, if during the period ending two years after the close of the initial Primary Offering, the Company sells an Investment and then reinvests the net proceeds in a new Investment(s), the Company shall pay to the Advisor or its assigns 1.0% of the Contract Purchase Price of the new Investment(s).

  • Origination No predatory or deceptive lending practices, including, without limitation, the extension of credit without regard to the ability of the Mortgagor to repay and the extension of credit which has no apparent benefit to the Mortgagor, were employed in the origination of the Mortgage Loan;

  • Modification Fee In consideration of the Lenders amending of the Credit Agreement as provided herein, the Borrower agrees to pay to the Agent for the account of each Lender a modification fee in an amount equal to 0.15% of such Lender's Revolving Commitment.

  • Origination Date The origination date is no earlier than ninety (90) days prior to the related Purchase Date.

  • Transaction Fee In connection with the creation or redemption of Creation Units, the Transfer Agent shall charge, and the Participant agrees to pay to the Transfer Agent, the Transaction Fee prescribed in the Prospectus and such additional amounts as may be prescribed pursuant to the Prospectus. Such Transaction Fee and additional amounts, if any, shall be included in the calculation of the Cash Component or Cash Redemption Amount payable or to be received, as the case may be, by the Participant in connection with the creation or redemption order.

  • Loan Fee Borrower agrees to pay Lender a single loan fee per Loan (a “Loan Fee”) equal to $0.001 per Loaned Share. The Loan Fee shall be paid by Borrower on or before the time of transfer of the Loaned Shares pursuant to Section 2(d) on a delivery-versus-payment basis through the facilities of the Clearing Organization.

  • PAYMENT OF LOAN FEE Borrower shall pay to Lender a fee in the amount of Five Thousand and 00/100 Dollars ($5,000.00) (the "Loan Fee") plus all out-of-pocket expenses.

  • Mortgage Payments Received After Transfer Date The amount of any related Monthly Payments received by the Seller after the related Transfer Date shall be forwarded to the Purchaser by overnight mail within one (1) Business Day following the date of receipt. The Seller shall notify the Purchaser of the particulars of the payment, which notification requirement shall be satisfied if the Seller forwards with its payment sufficient information to permit appropriate processing of the payment by the Purchaser. The Seller shall assume full responsibility for the necessary and appropriate legal application of such Monthly Payments received by the Seller after the related Transfer Date with respect to related Mortgage Loans then in foreclosure or bankruptcy; provided, for purposes of this Agreement, necessary and appropriate legal application of such Monthly Payments shall include, but not be limited to, endorsement of a Monthly Payment to the Purchaser with the particulars of the payment such as the account number, dollar amount, date received and any special Mortgagor application instructions and the Seller shall comply with the foregoing requirements with respect to all Monthly Payments received by it after the related Transfer Date.

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