Common use of Expansion Origination Fee Clause in Contracts

Expansion Origination Fee. Upon the closing of a Credit ------------------------- Facility Expansion Request under Article VIII, the Borrower shall pay to the Lender an origination fee ("Expansion Origination Fee") equal to the product ------------------------- obtained by multiplying (i) the increase in the Commitment made on the Closing Date for the Credit Facility Expansion Request, by (ii) .75%. The Borrower shall pay the Expansion Origination Fee on or before the Closing Date for the Credit Facility Expansion Request.

Appears in 2 contracts

Samples: Credit Facility Agreement (United Dominion Realty Trust Inc), Agreement (United Dominion Realty Trust Inc)

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Expansion Origination Fee. Upon the closing of a Credit ------------------------- Facility Expansion Request under Article VIII, the Borrower shall pay to the Lender an origination fee ("Expansion Origination Fee") equal to the product ------------------------- obtained by multiplying (i) the increase in the Commitment made on the Closing Date for the Credit Facility Expansion Request, by (ii) .75%. The Borrower shall pay the Expansion Origination Fee on or before the Closing Date for the Credit Facility Expansion Request.

Appears in 2 contracts

Samples: Master Credit Facility Agreement (United Dominion Realty Trust Inc), Master Credit Facility Agreement (United Dominion Realty Trust Inc)

Expansion Origination Fee. Upon the closing of a Credit ------------------------- Facility Expansion Request under Article VIII, the Borrower shall pay to the Lender an origination fee ("Expansion Origination Fee") equal to the product ------------------------- obtained by multiplying (i) the increase in the Commitment made on the Closing Date for the Credit Facility Expansion Request, by (ii) .7567.5 basis points (.675%). The Borrower shall pay the Expansion Origination Fee on or before the Closing Date for the Credit Facility Expansion Request.

Appears in 1 contract

Samples: Master Credit Facility Agreement (United Dominion Realty Trust Inc)

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Expansion Origination Fee. Upon the closing of a Credit ------------------------- Facility Expansion Request under Article VIII, the Borrower shall pay to the Lender an origination fee ("Expansion Origination Fee") equal to the product ------------------------- obtained by multiplying (i) the increase in the Commitment made on the Closing Date for the Credit Facility Expansion Request, by (ii) .751%. The Borrower shall pay the Expansion Origination Fee on or before the Closing Date for the Credit Facility Expansion Request.

Appears in 1 contract

Samples: Master Credit Facility Agreement (Walden Residential Properties Inc)

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