Common use of Warehousing Fees Clause in Contracts

Warehousing Fees. The Company agrees, at the time of each Advance, to pay to the Lender a Warehousing Fee in the amount of Fifteen Dollars ($15.00) for each Mortgage Loan pledged as Collateral for such Advance. Warehousing Fees are due when incurred, but shall not be delinquent if paid within fifteen (15) days after receipt of an invoice or an account analysis statement from the Lender.

Appears in 2 contracts

Samples: Warehousing Credit and Security Agreement (Mortgage Com Inc), Warehousing Credit and Security Agreement (Mortgage Com Inc)

AutoNDA by SimpleDocs

Warehousing Fees. The Company agrees, at the time of each Advance, to ---------------- pay to the Lender a Warehousing Fee in the amount of Fifteen Twenty-Five Dollars ($15.0025.00) for each Mortgage Loan pledged as Collateral for such Advance. Warehousing Fees are due when incurred, but shall not be delinquent if paid within fifteen (15) days after receipt of an invoice or an account analysis statement from the Lender.

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (National Mortgage Corp)

AutoNDA by SimpleDocs

Warehousing Fees. The Company agrees, at the time of each Advance, to pay to the Lender a Warehousing Fee in the amount of Fifteen Twelve and 50/100 Dollars ($15.0012.50) for each Mortgage Loan pledged as Collateral for such Advance. Warehousing Fees are due when incurred, but shall not be delinquent if paid within fifteen (15) days after receipt of an invoice or an account analysis statement from the Lender.

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (Finet Holdings Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!