Release Fee. If permitted by applicable law Grantor shall pay to Holder, at the time of complete release of the lien of this County Deed of Trust, a release fee in the amount of Twenty-Five and No/100 Dollars ($25.00) if the release instrument is delivered to Holder for execution or Fifty and No/100 Dollars ($50.00), if Holder is required to prepare the release instrument. In addition, Grantor shall pay to Holder a fee in the amount of Twenty-Five and No/100 Dollars ($25.00) for each other document or instrument which Grantor requires the Trustee to execute.
Release Fee. If permitted by applicable law Mortgagor shall pay to Mortgagee, at the time of each partial or complete release of the lien of this Mortgage, a release fee in the amount of $25.00 if the release instrument is delivered to Mortgagee for execution or $50.00, if Mortgagee is required to prepare the release instrument. In addition, Mortgagor shall pay to Mortgagee a fee in the amount of $25.00 for each other document or instrument which Mortgagor requires the Mortgagee to execute.
Release Fee. Borrower shall pay to Lender an administrative release fee equal to $10 (the “Release Fee”) for each Pledged Interval sold or otherwise released. Such Release Fee shall be due and payable to Lender whether or not a Release Price is due and payable to Lender and whether or not all Obligations have been paid in full.
Release Fee. Any fee or amount required to be paid by an Applicable Underlying Borrower to Borrower in consideration for the release of all or a portion of any Applicable Underlying Loan Collateral from the Lien of a Construction Mortgage or an Inventory Mortgage or any other Lien in favor of Borrower. For purposes of this Agreement, the term "Release Fee" shall include any other payments, however denominated, required to be made by an Applicable Underlying Borrower to Borrower upon the sale of an Interval at an Applicable Resort, pursuant to the Applicable Underlying Loan Documents.
Release Fee. In consideration of the release described in Section 1.3(a) above, and as one of the conditions precedent thereto, each Seller hereby jointly and severally agrees to pay to Lender a collateral release fee (the “Release Fee”) in the amount of $260,343.00 in immediately available funds on the date of the IPO Payment.
Release Fee. The Borrowers shall pay to Agent for the account of each Lender based upon their respective Pro Rata Shares a release fee equal to $500 per Unit upon the release of each Unit within the Project commonly known as the Erie Centre Tower in Chicago, Illinois, from the lien of the Mortgage. The release fee shall be additional compensation to the Lenders, shall not reduce any other fee, interest payment or other compensation payable to Agent or the Lenders and shall not be treated as a payment of the principal balance of the Loans.
Release Fee. Release fee payments shall be paid by OC to ----------- RSC in the amount of $1,350.00 for each annual timeshare interval at the closing of the sale of each timeshare period in the Project. RSC shall apply each release fee to reduce the principal balance due under the Loan. The monthly installments of interest shall be recalculated each month based on the principal reduction.
Release Fee. If permitted by applicable law Mortgagor shall pay to Holder, at the time of each partial or complete release of the lien of this Mortgage, a release fee in the amount of. Twenty-Five and No/100 Dollars ($25.00) if the release instrument is delivered to Holder for execution or Fifty and No/100 Dollars ($50.00), if Holder is required to prepare the release instrument.
Release Fee. The Borrower agrees that if the Agent's Liens in any Fonda Fixed Assets Collateral is released in connection with the isxxxxxe of the Senior Refinancing Notes as contemplated by Section 6.1 of the Loan and Security Agreement as amended hereby, then the Borrower shall, on the first Business Day of the month following the month in which such release is effected, pay to the Agent for the ratable benefit of the Lenders a release fee in the amount of $800,000. The release fee shall be fully earned upon the release of the Agent's Liens in any Fonda Fixed Assets Collateral as aforesaid and shall be non-refundaxxx.
Release Fee. In the event Aames Capital fails to appoint Greenwich Capital Markets, Inc. as lead manager in accordance with the Securitization Agreement, the Borrowers shall owe a Release Fee which Release Fee shall constitute a Secured Obligation hereunder. Notwithstanding the foregoing, the Release Fee shall be added to the Scheduled Amortization Balance at the earlier of the date of such failure and the second (2nd) anniversary of the Effective Date.
