Transfer Processing Fee definition

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

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Transfer Processing Fee. The first twelve transfers during each Contract Year are free. We will assess a Transfer Processing Fee for each transfer in excess of twelve transfers during a Contract Year. The amount of the Transfer Processing Fee is shown on the Contract Schedule. For the purpose of assessing the Transfer Processing Fee, each Notice of transfer is considered to be one transfer, regardless of the number of Subaccounts or Guaranteed Account Options affected by the transfer. Systematic transfers do not count towards the number of transfers during a Contract Year. No fee will be assessed for a systematic transfer. The Transfer Processing Fee is deducted from the amount being transferred.

Transfer Processing Fee. We will assess a Transfer Processing Fee for each transfer in excess of twelve transfers during a Contract Year. The amount of this fee is shown on the Contract Schedule. For the purposes of assessing the Transfer Processing Fee, each Notice of transfer is considered to be one transfer, regardless of the number of Subaccounts or Guaranteed Account Options affected by the transfer. Systematic transfers do not count towards the number of transfers during a Contract Year. No fee will be assessed for a systematic transfer. The Transfer Processing Fee is deducted from the amount being transferred.

Examples of Transfer Processing Fee in a sentence

Notwithstanding subsections 7.05(i) and (iii) above, Borrower will not be required to pay either a Transfer Processing Fee or a Transfer Fee for the review of a proposed easement Transfer.
Borrower will deliver Notice to Lender specifying the date of the Land Release at least 60 days prior to the proposed effective date of the Land Release, such Notice to be accompanied by the Transfer Processing Fee.
The Transfer Processing Fee is deducted from the amount being transferred.
For the purposes of assessing the Transfer Processing Fee, each Notice of transfer is considered to be one transfer, regardless of the number of Subaccounts or Guaranteed Account Options affected by the transfer.
The Transfer Processing Fee shall be delivered to City concurrently with ▇▇▇▇▇▇’s request for each consent.
Payment of the Transfer Processing Fee shall be submitted along with Tenant’s request for Landlord’s consent.
Wire transfers require an additional Wire Transfer Processing Fee of $25 or more.
Upon receipt by Lender, the Title Transfer Processing Fee shall be deemed earned by Lender, whether or not Permitted Assignor completes the proposed Title Transfer and whether or not any proposed Title Transfer is actually approved by Lender pursuant to this Section 8.4. A separate Title Transfer Processing Fee shall be required for each request for a Title Transfer.
The Transfer Processing Fee provision does not apply to this request.

More Definitions of Transfer Processing Fee

Transfer Processing Fee means a nonrefundable fee of $2,500 for Lender’s review of a proposed or completed Transfer.

Transfer Processing Fee. A number of transfers during each policy year are free as shown on the Policy Schedule. We will deduct from the amount being transferred the processing fee shown on the Policy Schedule for transfers in excess of the free amount of transfers. Each written notice of transfer is considered to be one request regardless of the number of subaccounts or any fixed account affected by the transfer. GENERAL POLICY PROVISIONS

Transfer Processing Fee. [$25] Each After First [12] In A Policy Year (Assessed After The First [12] Transfers In A Policy Year) SURRENDER CHARGE