Release Fees i. Fall Semester
Release Fees. Upon the conveyance of any Lot(s), Lender will require, in order to release such Lot(s) from the lien of the Mortgage, the payment of a release fee ("Release Fee") equal the greater of (i) the amount of funds advanced by Lender under the Loan for such Lot and Improvements thereon or (ii) Sixty Two Thousand Five Hundred Dollars ($62,500). Notwithstanding the foregoing, Lender shall not be required to release any Lot from the lien of the Mortgage encumbering that Lot if Borrower is in default under the Loan. Upon receipt, if Borrower is not in default, the Release Fee shall be applied to the reduction of the unpaid outstanding principal balance of the Loan. Otherwise, the Release Fee shall be applied to accrued interest, principal or other costs of the Mortgaged Premises in such priority as Lender shall determine. Notwithstanding the foregoing, all outstanding interest in connection with the Lot being released must be brought current in order to release such Lot from the lien of the Mortgage. Expenses incurred by Lender with respect to the preparation and recordation of the release documents contemplated hereunder shall be calculated by Lender at the time of issuance of the release information, and payment of such expenses shall be the responsibility of Borrower.
Release Fees. U.S. Bank will charge a processing fee of $3.00 for each individual file/document released. Transfer Fee: · U.S. Bank will charge a transfer fee of $5.00 per file per occurrence.
Release Fees. Upon the sale of any Unit and its related Lot, Lender will require, in order to release such Lot from the lien of the Mortgage, the payment of a release fee (the "Release Fee") equal to the greater of (i) the amount of funds advanced by Lender under the Loan for such Lot and Units or (ii) Sixty Two Thousand Five Hundred Dollars ($62,500). Notwithstanding the foregoing, Lender shall not be required to release any Lot and the Unit constructed thereon from the lien of the Mortgage if Borrower is in default under the Loan. Upon receipt, if Borrower is not in default, the Release Fee shall be applied to the reduction of the unpaid outstanding principal balance of the Loan. Otherwise, the Release Fee shall be applied to accrued delinquency charges or fees, accrued interest, principal or other costs of the Mortgaged Premises in such priority as Lender shall determine.
Release Fees. The Borrower shall pay a fee to the Lender with respect to each Mortgage Loan financed under this Agreement in an amount equal to 1.0% of the unpaid principal balance of such Mortgage Loan as of the Interest Payment Date immediately preceding the date on which such Mortgage Loan is released from the Debenture for any reason, whether due to a sale or other disposition of the Mortgage Loan by the Borrower, CMC or the Lender (including pursuant to liquidation following enforcement of the Lender's remedies thereunder), prepayment, repayment or otherwise. The fee payable under this clause with respect to any Mortgage Loan shall be due and payable on the date of the relevant release from the Debenture.
Release Fees. Maker shall pay release fees to Holder which are generated from the sales of timeshare Periods at the Xxxxxx Xxxxxxxx Hotel and Casino in the amount as provided in the Agreement. The release fees shall be applied by Holder to the principal balance due hereunder. On a monthly basis, payment due on Interest Installments shall be re-calculated based on the principal reduction.
Release Fees. This section is hereby amended to include the following sentence: "In addition to the release fees Maker shall pay to holder an equity kicker for each annual Interval Unit sold in the Project in the amount of One Hundred Dollars ($100.00) and for each bi-annual Interval Unit sold in the Project in the amount of Fifty Dollars ($50.00). The payment of such equity kicker shall survive and continue after this Note is satisfied and all amounts due under this note have been paid in full. The equity kicker shall be paid only with respect to the sales of Interval Units in Varsity Clubs of America: Tucson Chapter, and not with respect to any other timeshare intervals sold at the project."
Release Fees. Upon conveyance of any Lot, Lender will require, in order to release such Lot from the lien of a Mortgage (as hereinafter defined), the payment of a release fee ("Release Fee") equal to the amount of funds advanced by Lender under the Line of Credit for such Lot and Improvements thereon plus the Use Fee (as hereinafter set forth) due with respect to said Lot and Improvements. Notwithstanding the foregoing, Lender shall not be required to release any Lot from the lien of the Mortgage encumbering that Lot if Borrower is in default under the Loan. Upon receipt, if Borrower is not in default, the Release Fee shall be applied to the reduction of the unpaid outstanding principal balance of the Loan. Otherwise, the Release Fee shall be applied to accrued interest, principal or other costs of the Mortgaged Premises in such priority as Lender shall determine.
Release Fees. 21.1. In the event of the Client migrating their Internet Property to another vendor, an administration fee of $250 + GST will be charged to the Client.
Release Fees. Party B generally pays the release fees to Party A in accordance with the corresponding offer discount in the table below after accepting the Client’s entrustment of releasing online promotion on the website of Party A. The specific fee standard is subject to the Online Promotion Service Contract and Online Release Service Contract signed by the Parties for each release. Special product lines or special contracts which do not enjoy the preferential policies of this Contract shall be specified in the specific Online Promotion Service Contract and Online Release Service Contract.
