Definition of Transfer Processing Fee


Transfer Processing Fee means a nonrefundable fee of $15,000 for Lender's review of a proposed or completed Transfer.
Sample 1

Examples of Transfer Processing Fee in a sentence

Multifamily Loan and Security Agreement Page 47 (E) At any time that one Person acquires 25% or more of the aggregate of direct or indirect Investor Interests as a result of the Investor Interest Transfer, Borrower must meet the following additional requirements: (1) Borrower pays to Lender the Transfer Processing Fee at the time the Borrower provides Lender with the Notice set forth in Section 7.03(d)(vi)(A).
The Transfer Processing Fee shall be delivered to City concurrently with Sublessee's request for each consent.
Multifamily Loan and Security Agreement Page 48 (E) At any time that one Person acquires 25% or more of the aggregate of direct or indirect Investor Interests as a result of the Investor Interest Transfer, Borrower must meet the following additional requirements: (1) Borrower pays to Lender the Transfer Processing Fee at the time the Borrower provides Lender with the Notice set forth in Section 7.03(d)(vi)(A).
Borrower must provide a replacement Guarantor pursuant to Section 9.01(p)(ii), then Borrower pays the Transfer Processing Fee to Lender.
Kansas City Life will assess a $25 Transfer Processing Fee for the seventh and each subsequent transfer during a Contract Year.