Common use of Assumption Fee Clause in Contracts

Assumption Fee. As consideration for Noteholder's execution of this Assumption Agreement and in addition to any other sums due hereunder, Assumptor agrees to pay Noteholder or Noteholder's servicer(s) (all as set forth in the escrow instructions to be executed in connection with the closing of this assumption) an assumption fee of $40,000.00 due on execution of this Assumption Agreement by Noteholder.

Appears in 2 contracts

Samples: Assumption Agreement, Assumption Agreement (Inland Diversified Real Estate Trust, Inc.)

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Assumption Fee. As consideration for Noteholder's ’s execution of this Assumption Agreement and in addition to any other sums due hereunder, Borrower and Assumptor agrees agree to pay Noteholder or Noteholder's ’s servicer(s) (all as set forth in the escrow instructions to be executed in connection with the closing of this assumption) an assumption fee of $40,000.00 [139,132.00] (1.00% of the Loan balance), due on execution of this Assumption Agreement by NoteholderNoteholder (“Assumption Fee”).

Appears in 2 contracts

Samples: Assumption Agreement, Assumption Agreement (Steadfast Income REIT, Inc.)

Assumption Fee. As consideration for Noteholder's ’s execution of this Assumption Agreement and in addition to any other sums due hereunder, Borrower and Assumptor agrees agree to pay Noteholder or Noteholder's ’s servicer(s) (all as set forth in the escrow instructions to be executed in connection with the closing of this assumptionthe Assumption) an assumption fee of $40,000.00 297,931.54 (0.25% of the loan balance as of the Effective Date), due on execution of this Assumption Agreement by Noteholderthe Effective Date.

Appears in 2 contracts

Samples: Assumption Agreement, Assumption Agreement (Sunstone Hotel Investors, Inc.)

Assumption Fee. As consideration for Noteholder's execution of this Assumption Agreement and in addition to any other sums due hereunder, Assumptor agrees to pay Noteholder or Noteholder's servicer(s) (all as set forth in the escrow instructions to be executed in connection with the closing of this assumption) an assumption fee of $40,000.00 126,176.21 (1.00% of the loan balance), due on execution of this Assumption Agreement by NoteholderNoteholder (the "Assumption Fee").

Appears in 2 contracts

Samples: Assumption Agreement, Assumption Agreement (Phillips Edison - ARC Grocery Center REIT II, Inc.)

Assumption Fee. As consideration for Noteholder's ’s execution of this Assumption Agreement and in addition to any other sums due hereunder, Borrower and Assumptor agrees agree to pay Noteholder or Noteholder's ’s servicer(s) (all as set forth in the escrow instructions to be executed in connection with the closing of this assumption) an assumption fee of $40,000.00 210,000.00 (0.5% of the loan balance), due on execution of this Assumption Agreement by Noteholder.

Appears in 1 contract

Samples: Assumption Agreement (Pebblebrook Hotel Trust)

Assumption Fee. As consideration for Noteholder's ’s execution of this Assumption Agreement and in addition to any other sums due hereunder, Borrower and Assumptor agrees agree to pay Noteholder or Noteholder's ’s servicer(s) (all as set forth in the escrow instructions to be executed in connection with the closing of this assumption) an assumption fee of $40,000.00 31,725.32 (.50% of the loan balance), due on execution of this Assumption Agreement by Noteholder.

Appears in 1 contract

Samples: Assumption Agreement (Industrial Income Trust Inc.)

Assumption Fee. As consideration for Noteholder's ’s execution of this Assumption Agreement Agreement, and in addition to any other sums due hereunder, Assumptor agrees to pay Noteholder or Noteholder's ’s servicer(s) (all as set forth in the escrow instructions to be executed in connection with the closing of this assumption) the Transaction), an assumption fee of $40,000.00 150,000.00 (0.5% of the current loan balance), due on execution of this Assumption Agreement by Noteholder.

Appears in 1 contract

Samples: Assumption Agreement (Alpine Income Property Trust, Inc.)

Assumption Fee. As consideration for Noteholder's ’s execution of this Assumption Agreement and in addition to any other sums due hereunder, Borrower and Assumptor agrees agree to pay Noteholder or Noteholder's ’s servicer(s) (all as set forth in the escrow instructions to be executed in connection with the closing of this assumption) an assumption fee of $40,000.00 25,000.00, due on execution of this Assumption Agreement by Noteholder.

Appears in 1 contract

Samples: Assumption Agreement (AmREIT, Inc.)

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Assumption Fee. As consideration for Noteholder's ’s execution of this Assumption Agreement and in addition to any other sums due hereunder, Assumptor agrees to pay Noteholder or Noteholder's ’s servicer(s) (all as set forth in the escrow instructions to be executed in connection with the closing of this assumption) an assumption fee of $40,000.00 due on execution 92,829.85 (representing 1% of the outstanding principal balance of the Loan as of the date of this Assumption Agreement by NoteholderAgreement, the “Assumption Fee”).

Appears in 1 contract

Samples: Assumption Agreement (Lodging Fund REIT III, Inc.)

Assumption Fee. As consideration for Noteholder's ’s execution of this Assumption Agreement and in addition to any other sums due hereunder, Borrower and Assumptor agrees agree to pay Noteholder or Noteholder's ’s servicer(s) (all as set forth in the escrow instructions to be executed in connection with the closing of this assumption) an assumption fee of $40,000.00 due on execution 33,287.00 (representing 1% of the outstanding balance of the Loan as of the date of this Assumption Agreement by NoteholderAgreement).

Appears in 1 contract

Samples: Assumption Agreement (Netreit, Inc.)

Assumption Fee. As consideration for Noteholder's execution of this Assumption Agreement and in addition to any other sums due hereunder, Assumptor agrees to pay Noteholder or Noteholder's servicer(s) (all as set forth in the escrow instructions to be executed in connection with the closing of this assumption) an assumption fee of $40,000.00 due on execution 141,317.56 (representing 1% of the outstanding principal balance of the Loan as of the date of this Assumption Agreement by NoteholderAgreement).

Appears in 1 contract

Samples: Assumption Agreement (Whitestone REIT)

Assumption Fee. As consideration for Noteholder's ’s execution of this Assumption Agreement and in addition to any other sums due hereunder, Borrower and Assumptor agrees agree to pay Noteholder or Noteholder's ’s servicer(s) (all as set forth in the escrow instructions to be executed in connection with the closing of this assumption) an assumption fee of $40,000.00 175,000.00 (0.5% of the loan balance), due on execution of this Assumption Agreement by Noteholder.

Appears in 1 contract

Samples: Assumption Agreement (Pebblebrook Hotel Trust)

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