Common use of Lender Fees Clause in Contracts

Lender Fees. To induce Lender to enter into this Agreement and to extend to Borrower the Loan, Borrower shall pay to Lender on the Closing Date a loan fee in the amount of -18- $254,264.83 (of which $9,133.29 was paid prior to the Closing Date), which fee when paid shall be fully earned and non-refundable under any circumstances.

Appears in 1 contract

Samples: Mezzanine Loan Agreement (Preferred Apartment Communities Inc)

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Lender Fees. To induce Lender to enter into this Agreement and to extend to Borrower the LoanLoans, Borrower shall pay to Lender on the Closing Date date hereof a loan fee in the amount of -18- $254,264.83 219,240.00 (of less $94,432.94) which $9,133.29 was previously paid prior to the Closing DateLender), which fee when paid shall be fully earned and non-refundable under any circumstances.

Appears in 1 contract

Samples: Mezzanine Loan Agreement (Preferred Apartment Communities Inc)

Lender Fees. To induce Lender to enter into this Agreement and to extend to Borrower the LoanLoans, Borrower shall pay to Lender on the Closing Date a loan fee in the amount of -18- $254,264.83 (of which $9,133.29 was paid prior to the Closing Date)332,078.70, which fee when paid shall be fully earned and non-refundable under any circumstances.

Appears in 1 contract

Samples: Mezzanine Loan Agreement (Preferred Apartment Communities Inc)

Lender Fees. To induce Lender to enter into this Agreement and to extend to Borrower the Loan, Borrower shall pay to Lender on the Closing Date date hereof, a loan fee in the amount of -18- $254,264.83 (of which $9,133.29 was paid prior to the Closing Date)122,060.54, which fee when paid shall be fully earned and non-refundable under any circumstances.

Appears in 1 contract

Samples: Mezzanine Loan Agreement (Preferred Apartment Communities Inc)

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Lender Fees. To induce Lender to enter into this Agreement and to extend to Borrower the LoanLoans, Borrower shall pay to Lender on the Closing Date date hereof, a loan commitment fee in the amount of -18- $254,264.83 (14,333.00, and Borrower shall pay to Lender on the date hereof a closing fee in the amount of which $9,133.29 was paid prior to the Closing Date)120,000.00, which fee fees when paid shall be fully earned and non-refundable under any circumstances.

Appears in 1 contract

Samples: Mezzanine Loan Agreement (Preferred Apartment Communities Inc)

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