Debt Financing Fees. In the event of any debt financing obtained by or for the Company or its Subsidiaries (and any Joint Ventures that are not Subsidiaries but for which the Advisor provides substantial services in connection with obtaining such debt financing), the Company will pay to the Advisor a debt financing fee equal to 0.5% of the amount available under the financing. The Debt Financing Fee includes the reimbursement of the specified cost incurred by the Advisor of engaging third parties to source debt financing, and nothing herein shall prevent the Advisor from entering fee-splitting arrangements with third parties with respect to the Debt Financing Fee. All or any portion of the Debt Financing Fees not taken as to any fiscal year shall be deferred without interest and may be paid in such other fiscal year as the Advisor shall determine. In no event will the Debt Financing Fee be paid more than once in respect of the same debt. For example, upon refinancing, the Advisor would only receive 0.5% of the incremental amount of additional debt financing obtained in the refinancing.
Debt Financing Fees. In the event of any debt financing obtained or assumed by or for the Company or its Subsidiaries (and any Joint Ventures that are not Subsidiaries but for which the Advisor provides substantial services in connection with obtaining such debt financing), the Company will pay to the Advisor a debt financing fee equal to 1.0% of the amount available under the financing (the “Debt Financing Fee”). The payment of any Debt Financing Fees by the Company shall be subject to the limitations contained in the Charter. The Debt Financing Fee includes the reimbursement of the specified cost incurred by the Advisor of engaging third parties to source debt financing, and nothing herein shall prevent the Advisor from entering fee-splitting arrangements with third parties with respect to the Debt Financing Fee. All or any portion of the Debt Financing Fees not taken as to any fiscal year shall be deferred without interest and may be paid in such other fiscal year as the Advisor shall determine. In no event will the Debt Financing Fee be paid more than once in respect of the same debt
Debt Financing Fees. The Company will pay the Advisor in cash as compensation for services described in Section 3.02 a debt financing fee equal to 1% of the amount obtained under any property loan or made available to us under any other debt financing. In no event will the debt financing fee be paid more than once in respect of the same debt.
Debt Financing Fees. The Partnership shall pay (i) all fees, commissions and issuance costs in connection with the Senior Notes Offering, including amounts due at or in connection with the closing of the Senior Notes Offering and all ongoing fees (ii) all fees due under or in connection with the MLP Credit Agreement, including amounts due upon or in connection with execution of the MLP Credit Agreement and all ongoing fees, and (iii) all fees, commissions and issuance costs due in connection with any future debt financing arrangements entered into for the purpose of replacing the MLP Credit Agreement or the Senior Notes.
Debt Financing Fees. The Company will pay the Advisor in cash or Units, or a combination of both, the form of payment to be determined in the sole discretion of the Advisor, as compensation for services including those described in Section 3.06, debt financing fees in accordance with this Section 9.03, as well as to reimburse the Advisor for all expenses incurred by the Advisor in connection with such services as required by Article 10. Subject to any limitations contained in the Articles of Incorporation, the debt financing fees shall equal 1% of the amount of any debt financing obtained or, assumed by or made available to the Company, the General Partner, or the pro rata share of any debt financing obtained or assumed by or made available to a joint venture in which the Company and/or the General Partner has an interest.
Debt Financing Fees. 8.3.1 The Company shall pay the Advisor as compensation for the services described in Section 3.6 hereof a monthly fee (the “Debt Financing Fee”) in an amount equal to one-twelfth of 0.25% of the aggregate debt financing (including, but not limited to, any mortgage debt, lines of credit, and other term indebtedness (including refinancing)) obtained by the Company or made available to the Company.
8.3.2 In the case of a Joint Venture or other co-ownership arrangement with the Company, the Debt Financing Fee shall be paid only with respect the portion of the debt financing directed allocated to the Company.
8.3.3 The Advisor shall submit a monthly invoice to the Company, accompanied by a computation of the Debt Financing Fee for the applicable period. Generally, the Debt Financing Fee payable to the Advisor shall be paid on the last day of such month, or the first business day following the last day of such month. However, payment of the Debt Financing Fees may be deferred, in whole or in part, in the sole discretion of the Advisor. Any such deferred Debt Financing Fees shall be paid to the Advisor without interest at such subsequent date as the Advisor shall request.
Debt Financing Fees. The Company will pay the Advisor in cash or Units, or a combination of both, the form of payment to be determined in the sole discretion of the Advisor, as compensation for services including those described in Section 3.06, debt financing fees in accordance with this Section 9.03, as well as to reimburse the Advisor for all expenses incurred by the Advisor in connection with such services as required by Article 10. The debt financing fees shall equal (i) $ ONE MILLION AND 00/100 ($1,000,000.00) in consideration of the mortgage and mezzanines loans closed on May 10, 2021 with Starwood Proprety Mortgage Sub-12-A, L.L.C., a Delaware limited liability company, and (ii) 1.0% of the amount of any further debt financing obtained, assumed or entered into by, or on behalf of, the Company or the REIT General Partner, or the pro rata share of any debt financing obtained, assumed or entered into by, or on behalf of, a joint venture in which the Company and/or the General Partner has an interest. The debt financing fees payable to Advisor hereunder are in addition to any loan guaranty fee payable to the Sponsor General Partner or any of its Affiliates, as specified in the Limited Partnership Agreement.
Debt Financing Fees. With respect to each Approved Deal, after the Self-Management Closing, MF REIT shall also pay Debt Financing Fees to Advisor with respect to such Approved Deal as though the Amended and Restated Advisory Agreement remained in full force and effect following the Self-Management Closing; provided that no Debt Financing Fees will be paid pursuant to this Section 6.1(c): (i) with respect to the applicable Approved Deal, if an Approved Deal LPA with respect to such Approved Deal is not entered into prior to the six (6) month anniversary of the Self-Management Closing Date, including prior to the Self-Management Closing Date; (ii) if a definitive Contract for debt financing with respect to the applicable Approved Deal is not entered into prior to the one (1) year anniversary of the Self-Management Closing Date; or (iii) for any amounts advanced under the Existing Credit Facility to the extent such financing is obtained based on the amount committed under the Existing Credit Facility as the date of this Agreement.
Debt Financing Fees. Debt Financing Fees shall have the meaning set forth in Section 3.01(d) of this Agreement.
Debt Financing Fees. In the event of any debt financing obtained or assumed by or for the Company or its Subsidiaries (and any Joint Ventures that are not Subsidiaries but for which the Advisor provides substantial services in connection with obtaining such debt financing), the Company will pay to the Advisor a debt financing fee equal to 0.5% of the amount available under the financing. The Debt Financing Fee includes the reimbursement of the specified cost incurred by the Advisor of engaging third parties to source debt financing, and nothing herein shall prevent the Advisor from entering fee-splitting arrangements with third parties with respect to the Debt Financing Fee. All or any portion of the Debt Financing Fees not taken as to any fiscal year shall be deferred without interest and may be paid in such other fiscal year as the Advisor shall determine. In no event will the Debt Financing Fee be paid more than once in respect of the same debt. For example, upon refinancing, the Advisor would only receive 0.5% of the incremental amount of additional debt financing obtained in the refinancing. Notwithstanding the foregoing, the Advisor hereby waives any Debt Financing Fee payable in connection with the REIT III Merger.
