Loan Servicing Fee. From and after the Closing Date and until the Term Loan Maturity Date, the Borrowers shall pay to the Agent for the account of the Agent, a non‑refundable loan servicing fee (the "Loan Servicing Fee") equal to an aggregate amount of $6,000 each month, which shall be deemed fully earned when paid and which shall be pro rated for any partial month and payable monthly in arrears on the first day of each calendar month, commencing on April 1, 2017.
Loan Servicing Fee. The Loan Servicing Fee is defined in Section 3.02 below.
Loan Servicing Fee. From and after the Effective Date and until the later of (i) the Final Maturity Date and (ii) the date on which all Obligations are Paid in Full, the Borrowers shall pay to the Administrative Agent for the account of the Agents a non-refundable loan servicing fee (the “Loan Servicing Fee”) equal to $20,000 each quarter, which shall be payable quarterly in advance on the Effective Date and on the first day of each calendar quarter thereafter, commencing on January 1, 2016 (in the case of the fee paid on the Effective Date, it shall be payable ratably based on the number of days remaining in the calendar quarter in which the Effective Date occurs). For the avoidance of doubt, and without limiting the generality of Section 4.01 hereof, Borrowers hereby agree that upon the coming due of any such Loan Servicing Fee, the entire amount thereof may be charged to the Loan Account of Borrowers as a Revolving Loan made as a Reference Rate Loan; provided that upon any such charge to the Loan Account, Administrative Agent shall give prompt notice to Administrative Borrower of such charge and of the calculation and total amount of such Loan Servicing Fee so charged on any date.
Loan Servicing Fee. In addition to the Management Fee and the other reimbursements to Manager provided for elsewhere in this Agreement, Owner shall, on a monthly basis, pay to Manager for its management services with respect to Debt Investments a Loan Servicing Fee equal to 2.75% of gross interest received from these investments.
Loan Servicing Fee. In consideration for the services being provided by Servicer in connection with servicing the Loan and, if applicable, enforcing the Loan Documents on behalf of the Lenders, Servicer will be entitled to receive a monthly Servicing Fee in the amount of 1/12th of [ %] of the unpaid principal amount outstanding at the end of each month for the term of the Loan, prorated for partial months (“Servicing Fee”). So long as no payment default exists under the Loan, the Servicing Fee shall be payable from interest payments received from the Borrower and will be deducted by the Servicer prior to delivery of each Lender’s pro-rata share thereof. To the extent payments received from the Borrower are insufficient to pay the full amount of any Servicing Fees payable to the Servicer pursuant to this Section 5.1, the Servicing Fee shall continue to accrue in favor of the Servicer unless and until the occurrence of a Transfer and Servicer may elect, at any time, and from time to time, to either: (i) allow any unpaid Servicing Fees to accrue and be paid from the future Loan Proceeds or Property Proceeds in accordance with Section 8.2; or (ii) assess the Lenders for any accrued but unpaid Servicing Fees pursuant to the assessment provisions of Section 6.2.
Loan Servicing Fee. At closing of the Loan the borrower will pay directly to the Manager as a closing cost: Two Hundred Dollars ($200) servicing set-up fee (one-time fee) and a non-refundable fee equal to Fifteen Dollars ($15) multiplied by the number of months of the term of the Loan. The Company will not receive any of the servicing fees paid by borrowers at closing. The Company will pay Manager the following loan servicing fee to service the loan during the life of the loan: (i) Twenty Dollars ($20) for each loan, payable monthly, if the principal amount of the Loan is less than $500,000.00; or (ii) Thirty Dollars ($30) for each loan, payable monthly, if the principal amount of the Loan is equal to or greater than $500,000.00. While the aggregate fee payable by the Company is listed above, this fee may vary depending on the size of the loan amount and the loan term. In addition, if the Manager decides to retain the services of a third-party loan servicing company, the loan servicing fee may vary from the one listed herein based upon the contract amount charged by a third-party servicing company. The Company will update the loan servicing fee in the event the Manager decides to retain the services of a third-party loan servicing company.
Loan Servicing Fee. For the sole and separate account of Agent, on the first day of each month during the term of this Agreement, a loan servicing fee in an amount equal to $5,000 per month, which amount shall be fully earned and nonrefundable, and be payable in arrears on the first day of each month.
Loan Servicing Fee. From and after the Effective Date and until the later of (i) the Final Maturity Date and (ii) the date on which all Obligations are paid in full, the Borrower shall pay to the Administrative Agent for the account of the Agents, in accordance with a written agreement between such Agents, a non-refundable loan servicing fee (the “Loan Servicing Fee”) equal to $30,000 each quarter, which shall be payable on the Effective Date (payable ratably based on the number of days remaining in the calendar quarter in which the Effective Date occurs) and quarterly in advance thereafter on the first day of each calendar quarter commencing on January 1, 2005.
Loan Servicing Fee. In consideration for the services being provided by Servicer in connection with servicing the Loan and, if applicable, enforcing the Loan Documents on behalf of the Lenders, Servicer will be entitled to receive a monthly Servicing Fee equal to 1/12th of 1% of the unpaid Principal amount outstanding at the end of each month; plus 40% of all Additional Interest payable by the Borrower under the Loan Documents for such month (if any), prorated for partial months (the “Servicing Fee”). So long as no payment default exists under the Loan, the Servicing Fee shall be payable each month for the term of the Loan from interest payments (including any Additional Interest payments) received from the Borrower and will be deducted by the Servicer prior to delivery of each Lender’s pro rata share thereof. To the extent payments received from the Borrower are insufficient to pay the full amount of any Servicing Fees payable to the Servicer pursuant to this Section 5, the Servicing Fee shall continue to accrue in favor of the Servicer unless and until the occurrence of a Transfer and any accrued but unpaid Servicing Fees shall be paid from the future Loan Proceeds or Property Proceeds in accordance with Section 20(b).
Loan Servicing Fee. The Servicer may elect to charge a loan servicing fee of up to but not to exceed the following: One-Twelfth of One-Half of One Percent (1/12th of 0.5%) of the principal amount of each Fund loan, payable on a monthly basis (i.e., 0.5% per year). This fee shall be collected monthly from the payments received by the Company from the borrowers. Notwithstanding the foregoing, the loan servicing fee may vary from loan to loan.
