Initial Origination Fee. The Borrower shall pay to ▇▇▇▇▇▇ ▇▇▇ 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.
Appears in 1 contract
Sources: Master Reimbursement Agreement (Mid America Apartment Communities Inc)
Initial Origination Fee. The Borrower shall pay to ▇▇▇▇▇▇ ▇▇▇ Lender an origination fee (“Initial Origination Fee”) equal to $127,425 508,800 (which is equal to the product obtained by multiplying (i) the aggregate amount of the Loans Commitment as of the date of this Agreement ($16,990,000), 101,760,000) by (ii) .75.50%). The Borrower shall pay the Initial Origination Fee on the Initial Closing Date.
Appears in 1 contract
Sources: Master Credit Facility Agreement (Sun Communities Inc)
Initial Origination Fee. The Borrower shall pay to ▇▇▇▇▇▇ ▇▇▇ Lender on or before the Initial Closing Date an origination fee (“Initial Origination Fee”) equal to $127,425 790,940 (which is equal to the product obtained 40 basis points (.40%) multiplied 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 DateAdvance).
Appears in 1 contract
Sources: Master Credit Facility Agreement (Education Realty Trust, Inc.)