Common use of Time of Payment of Fees and Expenses Clause in Contracts

Time of Payment of Fees and Expenses. Borrower shall pay all expenses and fees incurred as of the Loan Opening on the Loan Opening Date (unless sooner required herein). At the time of the Opening of the Loan, Xxxxxx may pay from the proceeds of the initial disbursement of the Loan all such Loan expenses and all fees payable to Lender. Lender may require the payment of outstanding fees and expenses as a condition to any disbursement of the Loan.

Appears in 2 contracts

Samples: Loan Agreement (Nexpoint Diversified Real Estate Trust), Loan Agreement (NexPoint Real Estate Finance, Inc.)

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Time of Payment of Fees and Expenses. Borrower shall pay all expenses and fees incurred as of the Loan Opening on the Loan Opening Date (unless sooner required herein). At the time of the Opening of the Loan, Xxxxxx Lender may pay from the proceeds of the initial disbursement of the Loan all such Loan expenses and all fees payable to Lender. Lender may require the payment of outstanding fees and expenses as a condition to any disbursement of the Loan.

Appears in 1 contract

Samples: Loan Agreement (CNL Healthcare Properties II, Inc.)

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Time of Payment of Fees and Expenses. Borrower shall pay all expenses and fees incurred as of the Loan Opening on the Loan Opening Date (unless sooner required herein). At the time of the Opening of the Loan, Xxxxxx Lender may pay from the proceeds of the initial disbursement of the Loan all such Loan expenses and all fees payable to Lender. Lender may require the payment of outstanding fees and expenses as a condition to any disbursement of the Loanexpenses.

Appears in 1 contract

Samples: Secured Loan Agreement (Adcare Health Systems, Inc)

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