Loan Fees. Borrower agrees to pay the loan fees and deposits (“Loan Fees”) as are set forth in the Application/Commitment, subject to the terms and conditions set forth therein. Borrower shall pay all Loan Fees at the times set forth in the Application/Commitment and shall pay all expenses incurred by Lender at the Loan Opening Date and on demand at such subsequent times as Lender may determine including administrative fees and expenses in connection with any modification of any of the terms of the Loan, and including any administrative costs or out-of-pocket fees and expenses (including without limitation fees and expenses of any attorneys, accountants or consultants engaged by Lender) as a result of the death or incapacity of any Indemnitor or any other individual(s) having direct or indirect management or control over the Property and/or Borrower. Lender may require the payment of such fees and expenses as a condition to the disbursement of the Loan.
Appears in 3 contracts
Samples: Loan Agreement (Pillarstone Capital Reit), Loan Agreement (Whitestone REIT Operating Partnership, L.P.), Loan Agreement (Whitestone REIT)
Loan Fees. Borrower agrees to pay the loan fees and deposits (“Loan Fees”) as are set forth in the Application/Commitment, subject to the terms and conditions set forth therein. Borrower shall pay all Loan Fees at the times set forth in the Application/Commitment and shall pay all expenses incurred by Lender at the Loan Opening Date and on demand at such subsequent times as Lender may determine determine, including administrative fees and expenses in connection with any modification of any of the terms of the Loan, and including any administrative costs or out-of-pocket fees and expenses (including without limitation fees and expenses of any attorneys, accountants or consultants engaged by Lender) as a result of the death or incapacity of any Indemnitor or any other individual(s) having direct or indirect management or control over the Property Project and/or Borrower. Lender may require the payment of such fees and expenses as a condition to the disbursement of the Loan.
Appears in 2 contracts
Samples: Loan Agreement (Wells Core Office Income Reit Inc), Loan Agreement (Netreit)
Loan Fees. Borrower agrees to pay the loan fees and deposits expenses (“Loan Fees”) as are set forth in the Application/Commitment, subject to the terms and conditions set forth therein. Borrower shall pay all Loan Fees at the times set forth in the Application/Commitment and shall pay all expenses incurred by Lender at the Loan Opening Assumption Date and on demand at such subsequent times as Lender may determine determine, including administrative fees and expenses in connection with any modification of any of the terms of the Loan, and including any administrative costs or out-of-pocket fees and expenses (including without limitation fees and expenses of any attorneys, accountants or consultants engaged by Lender) as a result of the death or incapacity of any Indemnitor or any other individual(s) having direct or indirect management or control over the Property Project and/or Borrower. Lender may require the payment of such fees and expenses as a condition to the disbursement of the Loan.
Appears in 1 contract
Samples: Loan Assumption Agreement (Inland Diversified Real Estate Trust, Inc.)