Common use of Consent Fees Clause in Contracts

Consent Fees. In the event that Borrower intends to effectuate a transaction not permitted under this Agreement or under any of the other Loan Documents, in connection with obtaining the consent of Lender or, if a Secondary Market Transaction has occurred, any loan servicer, Borrower shall be required to pay to Lender or any such loan servicer a maximum fee of $10,000 plus any reasonable out-of-pocket costs and expenses of Lender or such loan servicer, as the case may be.

Appears in 16 contracts

Samples: Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc)

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