Loan Costs means those out-of-pocket payments, costs and expenses paid or incurred by the Lender pursuant to Section 9.5.
Loan Costs. Any or all of the following: (a) Taxes and insurance premiums or other expenses required for Trust Property maintenance or repairs, required to be paid by Borrower under the Trust Deed or any Loan Documents, and which are instead paid by Lender in accordance with the terms thereof; (b) documentary stamp and intangibles taxes payable by the Lender in connection with the Loan and the Loan Documents; (c) documented out-of-pocket filing, recording, and search fees paid or incurred by Lender, including all recording taxes; (d) late fees imposed under the Loan Documents; (e) fees or expenses advanced by Lender as a protective or future advance under the Loan Documents but only to the extent constituting an expense in connection with the Loan and not an Advance of principal under the Loan; and (f) the reasonable and documented out-of-pocket costs, fees (including reasonable out-of-pocket attorneys’, paralegals’, auctioneers’ appraisers’ or other consultants fees) and expenses incurred by Lender (i) subject to Section 6.19, to inspect, copy, audit or examine any of Borrowers’ or Guarantor’s books and records, or inspect, count or appraise any Trust Property (limited to due diligence costs of $500 and legal costs of $500), (ii) to correct any default or enforce any provision of any of the Loan Documents, whether or not litigation is commenced, (iii) following an Event of Default, in gaining possession of, maintaining, handling, preserving, insuring, storing, shipping, preparing for sale, advertising for sale, selling or foreclosing a Lien upon any of the Collateral, whether or not a sale is consummated, (iv) in collecting accounts or recovering any of the Obligations, or (v) in structuring, drafting, reviewing or preparing any amendment, modification or waiver of any of the Loan Documents or in defending the validity, priority or enforceability of Liens.
Loan Costs in respect of any period means:-
Examples of Loan Costs in a sentence
LOAN COSTS: Private Mortgage Insurance is required for certain types of loans.
More Definitions of Loan Costs
Loan Costs means all costs incurred by Agent in connection with the Credits, including, without limitation, all taxes and assessments, recording fees, title insurance premiums and other title charges, document binding costs, appraisal fees, lien and judgment search costs, fees of architects, engineers, surveyors and any special consultants, construction and Collateral inspection and exam fees, brokers fees (except as otherwise specified herein), escrow fees, all travel and out-of-pocket expenses of Agent to conduct audits or inspections and wire transfer fees.
Loan Costs means those out-of-pocket payments, costs and expenses paid or incurred by the Lender pursuant to SECTION 9.5(B).
Loan Costs means debt service payments and/or participation payments required pursuant to any financing or refinancing.
Loan Costs means all costs incurred by Agent in connection with the Credits, including, without limitation, all taxes and assessments, recording fees, title insurance premiums and other title charges, document binding costs,
Loan Costs as defined in Section 10.2 of this Agreement.
Loan Costs means without duplication (a) all costs or expenses (including taxes, photocopying, notarization, telecommunication and insurance premiums) required to be paid by Borrower under this Agreement or the Loan Documents that are paid or advanced by Lender; (b) documentation, filing, recording, publication, appraisal, lock box, fees paid by Lockbox Agent, custodial fees to custodian, loan servicing fees paid to Servicer and Back-Up Servicer; (c) costs and expenses incurred by Lender in the disbursement of funds or incurred by Lender resulting from the dishonor of checks; (d) costs and expenses paid or incurred by Lender to correct any default or enforce any provision of this Agreement or the Loan Documents, or in gaining possession of, maintaining, handling, preserving, storing, shipping, selling, preparing for sale, or advertising the Receivables Collateral for sale, regardless of whether a sale is consummated; (e) costs incurred by Lender in connection with work-out, restructuring or related discussions or litigation incurred in connection with the enforcement of Lender’s rights hereunder and the protection and liquidation of the Receivables Collateral; (f) costs and expenses paid or expenses of third party claims or any other suit paid or incurred by Lender in enforcing or defending this Agreement or the Loan Documents; and (g) Lender’s reasonable attorney’s fees and expenses incurred in advising, structuring, drafting, reviewing, administering, amending, restating, terminating, enforcing (including attorney’s fees and expenses incurred in connection with a “workout,” a restructuring, or in connection with the voluntary or involuntary insolvency proceedings concerning Borrower), defending, or concerning the Agreement or the Loan Documents, regardless of whether a lawsuit is commenced; provided, however, in all instances, Loan Costs shall be limited to reasonable and documented expenses which are necessitated by Lender’s transactions with Borrower or as may otherwise be required in order to protect Lender’s rights in and to the Collateral; this term is inclusive of all expenses and closing fees set forth in Section 7.24 below.
Loan Costs. When maximizing Buyer’s loan amount under the FHA “acquisition method,” Buyer’s new loan amount may be reduced and additional cash may be required at closing from Buyer if Dealer pays for any of the loan costs. Either party may pay the following: FHA Discount points paid by: Buyer Discount points must not exceed: total points (Origination fee not included). VA Discount points paid by: Dealer