Common use of Assumption Fee Clause in Contracts

Assumption Fee. Simultaneously with or prior to the execution hereof, any or both of Borrower Parties shall pay to or has paid Lender: (i) an application fee of $10,000.00; (ii) an assumption fee equal to $344,254.49, which is 1% of the outstanding principal balance of the Loan; (iii) an administration fee equal to $125.00; (iv) a flood determination fee equal to $15.00; (v) a credit review fee equal to $976.50; and (iv) an insurance review fee equal to $400.00, each of which Borrower Parties agrees are fees for new consideration and are not interest charged in connection with the Loan.

Assumption Fee. Simultaneously with or prior to the execution hereof, any or both of Original Borrower Parties shall pay to or has paid Lender: (i) an application fee of $10,000.005,000.00; (ii) an assumption fee equal to $344,254.49, which is 1% of the outstanding principal balance of the Loan; (iii) an administration fee equal to $125.00; (iviii) a flood determination fee equal to $15.00; (viv) a credit review fee equal to $976.50600.00; and (ivv) an insurance review fee equal to $400.00; and New Borrower shall pay to Lender an assumption fee equal to $113,200.00, which is 0.5% of the outstanding principal balance of the Loan; each of which Borrower Parties agrees are fees for new consideration and are not interest charged in connection with the Loan.

Assumption Fee. Simultaneously with or prior to the execution hereof, any or both of Original Borrower Parties shall pay to or has paid Lender: (i) an application fee of $10,000.005,000.00; (ii) an assumption fee equal to $344,254.49, which is 1% of the outstanding principal balance of the Loan; (iii) an administration fee equal to $125.00; (iviii) a flood determination fee equal to $15.00; (viv) a credit review fee equal to $976.50600.00; and (ivv) an insurance review fee equal to $400.00; and New Borrower shall pay to Lender an assumption fee equal to $95,600.00, which is 0.5% of the outstanding principal balance of the Loan; each of which Borrower Parties agrees are fees for new consideration and are not interest charged in connection with the Loan.

Assumption Fee. Simultaneously with or prior to the execution hereof, any or both of New Borrower Parties shall pay to or has paid Lender: (i) an application fee of $10,000.00; (ii) an assumption fee equal to $344,254.49229,305.67, which is 10.5% of the outstanding principal balance of the Loan; (iii) an administration fee equal to $125.00; (iv) a flood determination fee equal to $15.00; (v) a credit review fee equal to $976.50590.00; and (iv) an insurance review fee equal to $400.00, each of which New Borrower Parties agrees are fees for new consideration and are not interest charged in connection with the Loan.

Assumption Fee. Simultaneously with or prior to the execution hereof, any or both of Original Borrower Parties shall pay to or has paid Lender: (i) an application fee of $10,000.005,000.00; (ii) an assumption fee equal to $344,254.49, which is 1% of the outstanding principal balance of the Loan; (iii) an administration fee equal to $125.00; (iviii) a flood determination fee equal to $15.00; (viv) a credit review fee equal to $976.50600.00; and (ivv) an insurance review fee equal to $400.00; and New Borrower shall pay to Lender an assumption fee equal to $39,200.00, which is 0.5% of the outstanding principal balance of the Loan; each of which Borrower Parties agrees are fees for new consideration and are not interest charged in connection with the Loan.

Assumption Fee. Simultaneously with or prior to the execution hereof, any or both of New Borrower Parties shall pay to or has paid Lender: (i) an application fee of $10,000.00; (ii) an assumption fee equal to $344,254.4990,000.00, which is 10.5% of the outstanding principal balance of the Loan; (iiiii) an administration fee equal to $125.00; (iviii) a flood determination fee equal to $15.00; (viv) a credit review fee equal to $976.50296.00; and (ivv) an insurance review fee equal to $400.00, each of which Borrower Parties agrees are fees for new consideration and are not interest charged in connection with the Loan.