Exit Fee. Simultaneously with the final payment of the Loan, and no later than on the Maturity Date, the Borrower shall pay to lender a fee of 1% of the original Loan Amount.
Appears in 4 contracts
Samples: Loan Agreement (American Realty Capital - Retail Centers of America, Inc.), Loan Agreement (American Realty Capital Daily Net Asset Value Trust, Inc.), Loan Agreement (American Realty Capital New York Recovery Reit Inc)
Exit Fee. Simultaneously with Subject to the final payment provisions of the Loan, and no later than on the Maturity Dateparagraph 4(b) above, the Borrower shall pay to lender a the Lender on the date the Loan is paid in full (but not later than the Maturity Date) an exit fee of equal to one percent (1% %) of the original principal amount of the Loan Amount(the "Exit Fee").
Appears in 1 contract
Samples: Permanent First Mortgage Loan Agreement (Nevstar Gaming & Entertainment Corp)
