Lender Paid Compensation Sample Clauses

Lender Paid Compensation. Borrower paid compensation. Borrower paid broker compensation may include seller concessions. Borrower paid compensation is negotiated by the broker directly with the borrower and may vary on each individual loan transaction but, may not exceed the amount that the broker selects for its lender paid broker compensation. The amount is set with the borrower at the time of application and may not change. By choosing to be paid by the borrower, the broker may not receive any compensation directly or indirectly from any other party or entity to the transaction, or outside the transaction, including the lender. Lender Paid Broker Compensation. When the Lender pays the Broker’s compensation, the Broker will be paid according to the Lender paid broker compensation plan. The Broker may select a Lender paid broker compensation plan with a percentage beginning at one percent (1.00%) which is available in increments of one eighth of one percent (0.125%) up to a maximum of three percent (3.00%). □ 1. 000%
Sample 1
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Lender Paid Compensation. In consideration for the loan origination services provided by the Broker on behalf of the Borrower, at the time of Loan Settlement, Liberty bank will pay Broker the following compensation for services provided with respect to each loan. The Broker fee selected for the calendar quarter commencing on April 1, 2020 based on a percentage of the loan amount is: (circle one) 1.000 1.625 2.250 1.125 1.750 2.375 1.250 1.875 2.500 1.375 2.000 2.625 1.500 2.125 2.750 In consideration for the loan origination services provided by the Broker to the Borrower, Broker may receive compensation from Borrower based on a fixed percentage of the loan amount not to exceed their Lender-Paid Compensation Election. Subject to the Lender-Paid Compensation election limitations, Xxxxxx will negotiate directly with the Borrower to determine the fixed percentage to be paid to the Broker. Any seller paid contributions are considered borrower-paid compensation. Xxxxxx understands and agrees that:
Sample 1
Lender Paid Compensation. At the time of Loan submission Broker will be required to choose either the Borrower- Paid or Lender-Paid Compensation box provided on MSC’s Wholesale Submission form. In addition, Broker will be required to choose the appropriate compensation source by selecting either the Borrower-Paid or Lender-Paid Compensation option provided in MSC’s automated pricing system. Payment of compensation must be properly disclosed according to all legal and regulatory requirements.
Sample 1
Lender Paid Compensation. For any loan submitted to Lender that Broker requests to be paid by Xxxxxx, Broker shall not be compensated, directly or indirectly, based upon the mortgage transactions terms or conditions, except the amount of credit extended.
Sample 1

Related to Lender Paid Compensation

  • Extra Compensation The Board shall pay no fees, other than described above, to the PA/E unless authorized by the Board as follows: A. If the scope of the Project or site is changed, the Board and the PA/E shall negotiate a reasonable fee based upon the probable estimated construction cost in changing the scope of the work and the approximate percentage of the estimated construction cost which was used to negotiate this Agreement if, and, as such may be applicable. B. If the DOE or Board requires the PA/E to make major or costly changes to the Schematic, Preliminary or Construction Document Phase submittals, which changes are not caused by architectural or engineering error or oversight, the PA/E shall be paid to redesign for additional expenses in an amount agreed to by the parties. Under no circumstances will the principals of the PA/E and the principals of his consultants be paid a fee in excess of $125.00 per hour.

  • Termination Compensation Termination Compensation equal to two (2) times the Executive's Base Period Income shall be paid to the Executive in a single sum payment in cash on the thirtieth (30th) business day after the later of (a) the Control Change Date and (b) the date of the Executive's employment termination; provided that if at the time of the Executive's termination of employment the Executive is a Specified Employee, then payment of the Termination Compensation to the Executive shall be made on the first day of the seventh (7th) month following the Executive's employment termination.

  • Cash Compensation The Company shall pay to the Executive compensation for his services during the Contract Period as follows:

  • Special Compensation The Company shall pay to the Executive a lump sum equal to three times the sum of (a) the highest per annum base rate of salary in effect with respect to the Executive during the three-year period immediately prior to the termination of employment plus (b) the Highest Bonus Amount. Such lump sum shall be paid by the Company to the Executive within ten business days after the Executive's termination of employment, unless the provisions of Section 3(e) below apply. The amount of the aggregate lump sum provided by this Section 3(c), whether paid immediately or deferred, shall not be counted as compensation for purposes of any other benefit plan or program applicable to the Executive.

  • Fixed Compensation Each of the Co-Managers will receive certain additional fixed compensation pursuant to separate agreements with Masterworks, which is not tied specifically to this Offering or to any other specific offering, but a portion of which is deemed to be underwriting compensation for this Offering. Such additional fixed compensation relates to (i) a monthly retainer for administrative support services and (ii) fixed compensation payments to representatives of Arete. $8,224 is a reasonable estimate of costs and expenses referenced in clauses (i) and (ii) above that are appropriately allocated to this Offering.

  • Holiday Compensation Compensation for each paid holiday day not taken out is 4.6 % of the current monthly salary and holiday supplement according to 9.4.1 and 9.4.

  • Basic Compensation (a) SALARY. Executive will be paid an annual base salary of $115,000.00, subject to adjustment as provided below (the "Salary"), which will be payable in equal periodic installments according to Employer's customary payroll practices, but no less frequently than monthly. The Salary will be reviewed by the Board of Directors not less frequently than annually, and shall be increased on each anniversary of the Effective Date during the term hereof by an amount equal to not less than ten percent (10%) of the prior year's base salary.

  • Cash and Incentive Compensation (a) All payments referenced in this Agreement are subject to applicable tax withholdings and authorized or required deductions.

  • Employees' Compensation The Consultant shall be solely responsible for the following:

  • REFUND OF UNEARNED COMPENSATION The Party of the Second Part agrees to refund the Party of the First Part any compensation received for which no services were rendered. TERMINATION: This contract may be terminated by either party pursuant to law. OTHER CONDITIONS: Any subsequent contracts shall supersede the provisions of this contract. PARTIES: The Fort Xxxxx School District 100, Party of the First Part, and XXXXX XXXXX XXXXX Party of the Second Part, agree as follows:

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