Extension Fees has the meaning set forth in Section 2.07.

Extension Fees means extension fees payable by the Mortgage Loan Borrower pursuant to an extension option exercisable by the Mortgage Loan Borrower pursuant to the terms of the Mortgage Loan Documents.

Extension Fees has the meaning given to such term in the Class A-1 VFN Fee Letter.

Examples of Extension Fees in a sentence

In which case the High Bidder shall forfeit the Earnest Money Deposit and any Extension Fees paid.
If Extension Fees were paid, and the Closing occurs prior to the expiration of the Extension Period, the prorated amount of the Extension Fees for the unused portion of the Extension Period shall be credited against the amount owed by the High Bidder at Closing.
The Extension Fees are not credited against the amount due from Purchaser at Closing.
If Extension Fees were paid, and the Closing occurs prior to the expiration of an Extension Period, the prorated amount of the Extension Fees for the unused portion of the Extension Period will be credited toward the amount due from Purchaser at Closing.
In such case, the Earnest Money Deposit and any Extension Fees paid will be returned, unless there is cause to retain the Earnest Money Deposit based on breach of the Invitation and/or Acknowledgment.

More Definitions of Extension Fees

Extension Fees. Any fee received by the Servicer in consideration for the granting of an extension on the payment of any Scheduled Payment due under a Lease.

Extension Fees. With respect to any Contract, any fee received by the Servicer in consideration for the granting of an extension on the payment of any Scheduled Payment due under such Contract. Any Extension Fees received shall be allocated as follows: (1) 50% thereof shall be allocated to the Issuer and shall constitute Pledged Revenues; and (2) 50% thereof shall be allocated to the Servicer and shall constitute an Administrative Fee.

Extension Fees means, for each Extending Lender, a fee payable by Borrower through the Administrative Agent on the Restatement Effective Date in an amount which is equal to 0.70% times the sum of (i) the amount of that Lender’s commitment to make Class A-2 Loans plus (ii) the principal amount of that Lender’s Class C Loans and Class E Loans (in each case after giving effect to the Required Prepayments).

Extension Fees. (so referred to herein) in amounts representing one quarter of one percent (0.25%) of the then outstanding principal balance of the Loan at the Maturity Date (and at the First Extended Maturity Date, as applicable), on each occasion, in connection with Borrower's exercise of its extension rights, and as a condition precedent to the effectiveness thereof, in each instance, as provided in Section 2.6.

Extension Fees has the meaning specified in Section 9.02(c)(vi).

Extension Fees have the meaning described in Section 4.4(c).