Construction Loan Commitment Fee definition

Construction Loan Commitment Fee has the meaning given in Section 2.3.2(a) of the Credit Agreement.
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Examples of Construction Loan Commitment Fee in a sentence

  • Each Lender Group Agent will pay to the Related Bank that is a member of its Lender Group such Lender Group's Proportionate Share of each Construction Loan Commitment Fee received by such Lender Group Agent pursuant to this Section 2.4.3.

  • Promptly upon receipt of such funds from Borrower, Administrative Agent shall pay (x) to each Bank, such Bank's Proportionate Share of the Construction Loan Commitment Fee, and (y) to each Lender Group Agent, such Lender Group's Proportionate Share of the Construction Loan Commitment Fee.

  • The execution of the Acceptance and Approval Endorsement appearing on this Commitment must be accepted by you and returned to AEI, with an original executed copy of this Commitment and one- half of the Construction Loan Commitment Fee, no later than July 26, 1996 as a necessary condition to the delivery hereof; otherwise, this Commitment shall be deemed of no further force and effect.