Assumption Application Fees definition
Assumption Application Fees. With respect to any Serviced Mortgage Loan or Serviced Loan Combination, any and all assumption application fees for transactions effected under Section 3.08 of this Agreement actually collected from the related Borrower and not prohibited from being charged by the lender under the related Mortgage Loan Documents, with respect to any application submitted to the Master Servicer or the Special Servicer for a proposed assumption or substitution transaction or proposed transfer of an interest in such Borrower.
Assumption Application Fees. With respect to the Whole Loan, any and all assumption application fees actually paid by or on behalf of the Borrower in accordance with the Loan Documents, with respect to any application submitted to the Servicer or the Special Servicer for a proposed assumption or substitution transaction or proposed transfer of an interest in the Borrower.
Assumption Application Fees. With respect to any Mortgage Loan or Serviced Loan Combination, any and all assumption application fees for transactions effected under
Examples of Assumption Application Fees in a sentence
The Primary Servicer shall promptly remit to the Master Servicer any such payments or fees (including Assumption Fees and Assumption Application Fees) received by it.
HGGP CAPITAL II, LLC (Woods of North Bend Apartments) D▇▇ ▇▇ecution; Enforceability; Non-Consolidation (only if required at initial closing) Sponsor Name Assumption/ Application Fees ----------------------------------------------------- ---------------------------------------------------------- Irwin Glantz (Walgreens Brighton) Greater of $15,000 or 1% of Debt on date of assumption.