Common use of Origination Fees Clause in Contracts

Origination Fees. The Company acknowledges and agrees that the Adviser or Sub-Adviser may retain origination fees of up to 1.0% of the loan amount for first lien mortgage loans, subordinated debt or mezzanine debt, and up to 1.0% of a preferred equity financing (such amounts, “Origination Fees”). Origination Fees will only be retained to the extent they are paid by the borrower and generally will be paid directly to the Adviser or Sub-Adviser. To the extent Origination Fees are paid to the Company, the Company shall remit such fees to the Adviser or Sub-Adviser.

Appears in 7 contracts

Samples: Advisory Agreement (FS Credit Real Estate Income Trust, Inc.), Advisory Agreement (FS Credit Real Estate Income Trust, Inc.), Advisory Agreement

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