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.
Appears in 1 contract
Samples: Master Reimbursement Agreement (Mid America Apartment Communities Inc)
Initial Origination Fee. The Borrower shall pay to Xxxxxx Xxx the Lender an origination fee (“Initial Origination Fee”) equal to $127,425 750,000 (which is equal to the product obtained by multiplying (i) the aggregate amount of the Loans Commitment as of the date of this Agreement ($16,990,000100,000,000), by (ii) .75%). The Borrower shall pay the Initial Origination Fee on the Initial Closing Datedate of this Agreement.
Appears in 1 contract
Samples: Master Credit Facility Agreement (United Dominion Realty Trust Inc)
Initial Origination Fee. The Borrower shall pay to Xxxxxx Xxx Lender on or before the Initial Closing Date an origination fee (“Initial Origination Fee”) equal to $127,425 423,228 (which is equal to the product obtained 60 basis points (.60%) 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 DateCommitment).
Appears in 1 contract
Samples: Master Credit Facility and Reimbursement Agreement (America First Apartment Investors Inc)
Initial Origination Fee. The Borrower shall pay to Xxxxxx Xxx the Lender an origination fee (“"Initial Origination Fee”") equal to $127,425 2,500,000 (which is equal to the product obtained by multiplying (i) the aggregate amount of the Loans Commitment as of the date of this Agreement ($16,990,000250,000,000), by (ii) .751.0%). The Borrower shall pay the Initial Origination Fee on the Initial Closing Datedate of this Agreement.
Appears in 1 contract
Samples: Master Credit Facility Agreement (Walden Residential Properties Inc)
Initial Origination Fee. The On or before the Initial Closing Date, Borrower shall pay to Xxxxxx Xxx paid Lender 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
Samples: Master Credit Facility Agreement (Education Realty Trust, Inc.)
Initial Origination Fee. The Borrower shall pay to Xxxxxx Xxx 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
Samples: Master Credit Facility Agreement (Sun Communities Inc)
