Assumption Fees Sample Clauses
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Assumption Fees. The Parties agree that the transfer of the Loan and Property from Original Borrower to New Borrower is a “first Special Transfer” under Section 5.16(c) of the Loan Agreement, and that no assumption or other fee shall be due and payable to Lender in connection with the closing of this transaction.
Assumption Fees. EXHIBIT A MASTER AGREEMENT THIS MASTER AGREEMENT (this "AGREEMENT") is made and entered into as of this 30th day of June, 1998, by and among PMC COMMERCIAL TRUST (the "LESSOR"), and AMERIHOST PROPERTIES, INC. ("AMERIHOST") AND AMERIHOST INNS, INC. (the "LESSEE").
Assumption Fees. When a Loan covered by this Agreement is assumed by a third party, Seller shall receive the amount of any assumption fee collected on such Loan.
Assumption Fees. Subject to applicable law or regulation and the provisions of the related Mortgage Note, the Servicer may charge the Borrower and retain a reasonable and customary assumption fee. Such fee is receivable only from the Borrower directly and may not be withdrawn from any of the custodial accounts maintained hereunder.
Assumption Fees. An Affiliate of the General Partners may receive a fee payable by a borrower for assuming a loan in an amount equal to a percentage of the loan or a set fee.
Assumption Fees. 62 11.4.5. Disclosure Requirement.......................................62 Section 11.5 Partial Releases and Easements...............................62 11.5.1. Prerequisites................................................62 11.5.2. Release or Modification of Lien..............................62 11.5.3. Master Servicer's Approval...................................63
Assumption Fees. A Manager or an Affiliate of the Managers may receive a fee payable by a borrower for assuming a Loan in an amount equal to a percentage of the Loan or a set fee.
Assumption Fees. Subject to Section 18.1.1, Buyer and Seller shall each pay when required to be paid to Lender (or promptly reimburse, if one party makes an entire required payment) one-half of all Loan Assumption costs and fees reimbursable or payable to the Lenders, whether or not either Loan Assumption is approved, including the Lenders’ application, consultants’, processing, appraisal, legal, approval, transfer, title insurance, recording tax or other costs, expenses, or consent, assumption or other fees payable with respect to each of the Loan Assumptions (collectively, the “Assumption Fees”). Seller and Buyer shall each be responsible for costs, expenses and fees of their own attorneys, consultants and personnel.
Assumption Fees. Whether or not the transaction contemplated in this Agreement closes, Buyer shall pay (a) any and all fees and charges associated with the application for assignment and assumption of the Loan and the Lender Approval (as defined in Section 3.4 below); (b) if applicable, any and all loan transfer fees, debt assumption fees, expense reimbursements and other charges due to Lender in connection with the Loan Assumption; and (c) any and all fees charged by Lender in connection with the drafting and negotiating of the Loan Assignment, Assumption and Consent and the New Loan Documents (collectively, the “Loan Assumption Costs”). Notwithstanding the previous sentence, Buyer shall not be obligated to pay the Loan Assumption Costs if the transaction contemplated by this Agreement does not close because of Seller’s default under this Agreement, in which case Seller shall promptly reimburse Buyer for any Loan Assumption Costs already paid by Buyer. Each of Buyer and Seller shall pay their respective attorneys’ fees incurred in connection with the transactions contemplated under this Section 2.10. Seller shall not submit the application for assignment or assumption of the Loan nor take any other action that would cause Loan Assumption Costs to be incurred prior to the expiration of the Inspection Period, unless Buyer so requests in writing.
Assumption Fees. Borrower agrees that all costs and expenses associated with the execution, delivery and recordation of this Agreement, including, but not limited to, an assumption fee in the amount of one percent (1%) of the outstanding principal balance of the Loan, attorney’s fees, recordation costs and documentary stamp and intangible taxes, if applicable (together with all interest and penalties thereon, if any), and expenses of title update, shall be paid by Borrower. Borrower agrees to defend, indemnify and hold harmless the Lender from and against any and all such costs and expenses, and agrees that the Lender shall not in any way be held liable for such costs and expenses.