Common use of Loan Assumption Fees Clause in Contracts

Loan Assumption Fees. The BRI Partnership will pay any assumption or transfer fee and other related costs and expenses (not to exceed in the aggregate 1% of the outstanding principal balance of the Loan) required by Lender (the "Loan Assumption Fees") in connection with obtaining the consent of Lender to the contribution of the Transferor Partnership Interests to the BRI Partnership and the transfer of the ownership of the Transferor Partnership to the BRI Partnership subject to the Notes and other Loan Documents as contemplated hereby.

Loan Assumption Fees. The BRI Partnership will pay any assumption or transfer fee and other related costs and expenses (not to exceed in the aggregate 1% of the outstanding principal balance of the Loan) required by Lender (the "Loan Assumption Fees") in connection with obtaining the consent of Lender to the contribution of the Transferor Partnership Interests to the BRI Partnership and the transfer of the ownership of the Transferor Partnership to the BRI Partnership subject to the Notes Note and other Loan Documents as contemplated hereby.