Termination Fee Percentage definition

Termination Fee Percentage. The termination fee percentage set forth in Exhibit E hereto and incorporated herein.

Termination Fee Percentage. Means (i) 0.75% for any termination during the first year following the Closing Date, (ii) 0.50% for any termination during the second year following the Closing Date, (iii) 0.25% for any termination during the third year following the Closing Date and (iv) no fee (0.00%) for any termination at any time after the third anniversary of the Closing Date.

Termination Fee Percentage. That certain percentage as agreed to in writing by the Seller and the Servicer.

Examples of Termination Fee Percentage in a sentence

• In the event the Seller terminates the Servicer without cause with respect to some or all of the Mortgage Loans, the Seller shall be required to pay to the Servicer a Termination Fee in an amount equal to the product of (i) the Termination Fee Percentage and (ii) the outstanding principal balance of the terminated Mortgage Loans as of the date of such termination.

• In the event the Seller terminates the Servicer without cause with respect to some or all of the Mortgage Loans (other than Distressed Mortgage Loans), the Seller shall be required to pay to the Servicer a Termination Fee in an amount equal to the sum of (i) the product of (x) the Termination Fee Percentage, (y) the applicable Termination Rate and (z) the outstanding principal balance of the terminated Mortgage Loans as of the date of such termination and (ii) $15.00 for each Mortgage Loan so terminated.

• In the event the Seller terminates the Servicer without cause, the Seller shall be required to pay to the Servicer a Termination Fee in an amount equal to the product of (i) the Termination Fee Percentage and (ii) the outstanding principal balance of the terminated Mortgage Loans as of the date of such termination.

• The materials shall be deemed to have been cleared without objections if no opinion is received within the time limit referred to in Paragraph (2).

• Termination Fee Percentage: That certain percentage as agreed to in writing by the Seller and the Servicer.

More Definitions of Termination Fee Percentage

Termination Fee Percentage. The annual amount set forth in a separate agreement between the Seller and the Servicer.

Termination Fee Percentage means, with respect to any Termination Payment: (A) three percent (3.0%), if the first prepayment of the Term Loan during the six (6) month period ending on the date of such Termination Payment occurred on or prior to the first anniversary of the date of this Agreement; (B) two and one-half percent (2.5%) if the first prepayment of the Term Loan during the six (6) month period ending on the date of such Termination Payment occurred after the first anniversary of the date of this Agreement, but on or prior to the second anniversary of the date of this Agreement; (C) two percent (2.0%) if the first prepayment of the Term Loan during the six (6) month period ending on the date of such Termination Payment occurred after the second anniversary of the date of this Agreement but on or prior to the third anniversary of the date of this Agreement; and (D) one percent (1%) if the first prepayment of the Term Loan during the six (6) month period ending on the date of such Termination Payment occurred after the third anniversary of the date of this Agreement but prior to the Term Loan Maturity Date.

Termination Fee Percentage. The annual amount set forth in a separate agreement between Xxxxxx Capital and the Servicer.

Termination Fee Percentage means, with respect to any prepayment of the Loans or termination of the Commitments pursuant to Section 2.4(c)(i) or 2.4(c)(ii) hereunder: (A) two and one-half percent (2.5%) if the prepayment or voluntary Commitment reduction giving rise to such Termination Fee occurred on or prior to the first anniversary of the date of this Agreement; (B) two percent (2.0%) if the prepayment or voluntary Commitment reduction giving rise to such Termination Fee occurred after the first anniversary of the date of this Agreement but on or prior to the second anniversary of the date of this Agreement; (C) one percent (1.0%) if the prepayment or voluntary Commitment reduction giving rise to such Termination Fee occurred after the second anniversary of the date of this Agreement but on or prior to the fourth anniversary of the date of this Agreement; and (D) zero (0%) if the prepayment or voluntary Commitment reduction giving rise to such Termination Fee occurred after the fourth anniversary of the date of this Agreement.

Termination Fee Percentage means for a termination by Borrower of this Agreement or the Revolving Line (a) prior to the second (2nd) anniversary of the Effective Date, one and one-half of one percent (1.50%), (b) on or after the second (2nd) anniversary of the Effective Date but prior to the third (3rd) anniversary of the Effective Date, three-quarters of one percent (0.75%), (c) on or after the third (3rd) anniversary of the Effective Date but prior to the fourth (4th) anniversary of the Effective Date, one-half of one percent (0.50%), and (d) on or after the fourth (4th) anniversary of the Effective Date, zero percent (0.0%).

Termination Fee Percentage means for a termination by Borrower of this Agreement or the Revolving Line (a) prior to the second (2nd) anniversary of the Effective Date, one and one-half of one percent (1.50%), (b) on or after the second (2nd) anniversary of the Effective Date but prior to the third (3rd) anniversary of the Effective Date, three-quarters of one percent (0.75%), (c) on or after the third (3rd) anniversary of the Effective Date but prior to the fourth (4th) anniversary of the Effective Date, one-half of one percent (0.50%), and (d) on or after the fourth (4th) anniversary of the Effective Date, zero percent (0.0%).” and inserting in lieu thereof the following: “ “Revolving Line” is an aggregate principal amount equal to One Hundred Million Dollars ($100,000,000.00).” “ “Termination Fee Percentage” means for a termination by Borrower of this Agreement or the Revolving Line (a) prior to the First LMA Effective Date, one and one-half of one percent (1.50%), (b) on or after First LMA Effective Date but prior to the third (3rd) anniversary of the Effective Date, three-quarters of one percent (0.75%), (c) on or after the third (3rd) anniversary of the Effective Date but prior to the fourth (4th) anniversary of the Effective

Termination Fee Percentage means for a termination by Borrower of this Agreement or the Revolving Line (a) prior to the First LMA Effective Date, one and one-half of one percent (1.50%), (b) on or after First LMA Effective Date but prior to the third (3rd) anniversary of the Effective Date, three-quarters of one percent (0.75%), (c) on or after the third (3rd) anniversary of the Effective Date but prior to the fourth (4th) anniversary of the Effective