Loan Termination Fee definition

Loan Termination Fee. With respect to each Mortgage Loan, the termination fee set forth in the Pricing Exhibit, calculated as of the date of notice of termination. For the avoidance of doubt, the Servicer shall not be entitled to a Loan Termination Fee upon a Mortgage Loan payment in full. Loss Mitigation and Servicing Delegated Authority Matrix: (a) the Loss Mitigation and Servicing Delegated Authority Matrix attached as Exhibit 4A and applicable only to the Portfolio Loans. Exhibit 4A may also be referred to as the “Standard Matrix,” and (b) the Loss Mitigation and Servicing Delegated Authority Matrix attached as Exhibit 4B reflecting certain programs contemplated under the Settlement Agreement and that may be applied to those Portfolio Loans that meet the criteria for “soft dollar” credit under the Settlement Agreement, in the Servicer’s sole discretion, but subject to Section 10.01(e) and (f) hereof. Exhibit 4B may also be referred to as the “AG Menu Items.”
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Examples of Loan Termination Fee in a sentence

  • The Term Loan Termination Fee, when due pursuant to the terms of Section 2.1.1(c).

  • If the Term Loan has become due and payable according to the terms hereof because of the occurrence and continuance of an Event of Default, Borrower shall pay to Bank on the date that the Term Loan has become due and payable according to the terms hereof, in addition to any other sums owing, a termination fee equal to the Term Loan Termination Fee, and such Term Loan Termination Fee shall bear interest until paid at a rate equal to the highest rate applicable to the Obligations.

  • The Servicer shall be entitled to receive the Deboarding Fee and the Loan Termination Fee for any termination under this Section 11.01(d).

  • The Servicer shall be entitled to receive the Deboarding Fee and the Loan Termination Fee for any termination under this Section 11.01(b).

  • The Servicer shall not be entitled to receive the Deboarding Fee or the Loan Termination Fee for any termination under this Section 11.01(e).

  • Borrower may repay any Term Loan at any time prior to the Term Loan Maturity Date subject to payment of the Term Loan Termination Fee, as defined in Section 2.1.5(c) below.

  • The Servicer shall not be entitled to receive the Deboarding Fee, and the Loan Termination Fee for any termination under this Section 11.01(c).

  • Notwithstanding the foregoing, should LENDER terminate the Acquisition Term Loan for any reason other than acceleration or as a result of an Event of Default, LENDER and BORROWERS hereby acknowledge that no Acquisition Term Loan Termination Fee shall be due and payable by BORROWERS.

  • BORROWERS acknowledge that the Revolving Loan Termination Fee is an estimate of Lender's damages in the event of early termination and is not a penalty.

  • BORROWERS acknowledge that the Term Loan Termination Fee is an estimate of LENDER's damages in the event of early termination and is not a penalty.