Loan Origination Fees. UG will reimburse FSNB a one-time fee upon closing of a loan originated through FSNB of one-half of one percent (.50%) of the original loan amount. This fee is to cover costs incurred by FSNB relating to the origination of the loan. The fee was established at a rate to only cover marginal costs incurred by FSNB with no profit or loss to FSNB.
Loan Origination Fees. Borrowers shall pay to the Agent (i) on the Closing Date, as a non-refundable and fully earned loan facility origination fee for the initial Revolver Commitment Amount in an amount equal to fifty basis points (0.50%) thereon (initially $300,000.00) for the allocable benefit of the Lenders, and (ii) thereafter a fully earned and non-refundable loan facility origination fee equal to fifty basis points (0.50%) on any excess of the Revolver Commitment Amount made available hereunder above the initial Revolver Commitment Amount ($60,000,000.00) for the allocable benefit of the Lenders, all in immediately available funds concurrent with the closing of such increase(s).
Loan Origination Fees. Loan origination fees (“Origination Fees”) are generally collected from borrowers and will be retained by the LLC. Notwithstanding the foregoing, the LLC may allocate and/or pay a portion or all of the Origination Fees to the Manager in the following limited circumstances: (1) to pay commissions and/or bonuses to third parties who arranged or brokered loans to the LLC; (2) to pay commissions and/or bonuses to brokers or agents employed or retained by the Manager; and/or (3) to ensure compliance with Section 4975 of the Code and avoid engaging in prohibited transactions. Loan Origination Fees consist of, without limitation, loan processing fees, underwriting fees, document preparation fees, escrow fees, disbursement fees, warehousing fees, administration fees and other similar charges.
Loan Origination Fees. The Company will purchase New Loans or will enter into loan transactions in which the Manager will act as a broker in arranging the loan, for which it will receive brokerage, origination, renewal or forbearance fees in an amount determined on a case-by-case basis.
Loan Origination Fees. The Manager shall serve as portfolio manager for the LLC, and in that connection may charge and retain 75% of the loan origination fees charged to borrowers by the LLC or paid directly to the Manager or Affiliate.
Loan Origination Fees. The following replaces Section 2.4 of the Existing Loan Agreement in its entirety:
Loan Origination Fees. ETC: If requested by CTS, CMCG may introduce CTS to a capital source. Should CTS close a transaction within one year of the introduction, upon such closing CMCG will be entitled to a fee as follows:
Loan Origination Fees. Borrowers shall pay to the Bank on the Closing Date, as a non-refundable and fully earned loan facility origination fee for the initial Revolver Commitment Amount in an amount equal to 30 basis points (0.30%) thereon (initially $60,000.00), thereafter a fully earned and non-refundable loan facility origination fee equal to 30 basis points (0.30%) on any excess of the Revolver Commitment Amount made available hereunder above the initial Revolver Commitment Amount ($20,000,000.00), all in immediately available funds concurrent with the closing of such increase(s).
Loan Origination Fees. The Borrower shall pay each Lender at closing a loan origination fee based upon the final allocation of such Lender’s Commitment in accordance with the following: Lender's Commitment Fee $20,000,000 1% $35,000,000 1.25% $50,000,000 1.50% For avoidance of doubt, if a Lender commits to a $20,000,000 Commitment and then its Commitment gets reduced to $18,000,000 at closing based upon final allocations of all Commitments, the loan origination fee will be 1% times $18,000,000.
Loan Origination Fees. The Borrower agrees to pay an origination fee in connection with each Loan for the construction of a House, such origination fee to be calculated as a percentage of the Committed Loan Amount. The origination fee shall he paid by Borrower upon execution of the Individual Deed of Trust applicable to such Loan. The amount of the origination fee shall be calculated as follows:
