Reservation Fee definition

Reservation Fee means the fee set forth in the applicable Program Guide, relating to the aggregate principal amount of the particular Mortgage Loans which the Participant has committed to originate and sell to the Servicer (which is not applicable to MCC stand-alone product) pursuant to a Reservation Request, payable contemporaneously with the submission of the corresponding application package, all in accordance with the procedures set forth in the applicable Program Guide.
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Reservation Fee means the fee to process an application to the point of a Determination which is equal to 8% Tax Credits Requested, for For-Profit and 6% for Non- profit Developers.
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Reservation Fee means that dollar amount that Developer will pay each month for each meter.
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Examples of Reservation Fee in a sentence

  • EPCOR shall invoice the City monthly, and the City shall pay EPCOR one-twelfth (1/12th) of the annual Reservation Fee for the Reserved Water under this Agreement on or before the first day of each calendar month during the Term.

  • The Parties acknowledge and agree this Agreement and EPCOR’s reservation of Reserved Water and the City’s payment of the Reservation Fee is not an order for delivery of water, nor an offer or obligation to purchase or sell water, and this Agreement is not a water sale agreement.

  • Buyer shall pay to Seller the Reservation Fee in monthly installments due on the 25th day of each Month following the Month of delivery (the “Payment Date”).

  • For the avoidance of doubt, ▇▇▇▇▇’s obligation to pay to Seller the Reservation Fee shall not be subject to suspension for a Force Majeure under the Master Agreement.

  • In the event the 25th day of any Month falls on a day other than a Business Day, Buyer shall instead pay to Seller such monthly installment of the Reservation Fee on the next succeeding Business Day.


More Definitions of Reservation Fee

Reservation Fee means the fee set forth in the applicable Program Guide, relating to the aggregate principal amount of the particular Mortgage Loans which the Participant has committed to originate and sell to the Servicer (not applicable to MCC stand-alone product) pursuant to a Reservation Request, payable contemporaneously with the submission of the corresponding application package, all in accordance with the procedures set forth in the applicable Program Guide.
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Reservation Fee means the product of the Reservation Charge multiplied by that portion of the Outstanding Capacity to be reserved;
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Reservation Fee shall have the meaning set forth in Section 3.3 below.
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Reservation Fee means the non-refundable fee specified in Schedule A.
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Reservation Fee shall have the meaning set forth in Section 4.1(a).
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Reservation Fee shall have the meaning set forth in Clause C.1.
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Reservation Fee shall have the meaning set forth in Section 1.a of Exhibit B-1.
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