Additional Loan Fee definition

Additional Loan Fee means the additional fee the Borrower will be required to pay to Lender as a condition precedent to the Lender's release of its lien on any Lot or Unit located in the Project, which amount shall equal two percent (2%) of the gross base selling price of such Lot or Unit.
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Additional Loan Fee see Section 3.6.6 hereof.
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Additional Loan Fee means, with respect to a High Advance Rate Project, the additional fee the Borrower will be required to pay to Lender as a condition precedent to the Lender's release of its lien on any Lot or Unit located in the Project, which amount shall equal the following:
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Examples of Additional Loan Fee in a sentence

  • The Note shall bear an Initial Loan Premium and Additional Loan Fee (if applicable) (collectively, the “Total Loan Fees”).

  • The applicable Additional Loan Fee if repayments are made on April 2, 2008 and for the 44-day period (“Initial 45-day Period”) thereafter, shall be ten percent (10%) of the remaining outstanding Loan Principal at the time repayment is made.

  • The Additional Loan Fee percentage amount shall increase in ten percent (10%) increments for every 45-day period subsequent to the Initial 45-day Period and shall continue to increase until the Company makes Full Repayment.

  • It was thought that cryptos had the potential to drastically change the existing retail payment ecosystem by making traditional financial institutions like banks, which act as intermediaries between consumers and retailers, superfluous.

  • For purposes of determining the Additional Loan Fee payable in the event the Lender has advanced proceeds of the Loan to finance the acquisition of the Land and the Development Work, and the Borrower finances the construction of a Home from a source other than the Lender or sells a Lot to another builder, the value of the Lots shall be determined based on the “as if complete” value of the Lots after completion of all Development Work.

  • The August Additional Loan Fee Shares, the October Additional Loan Fee Shares and the Initial Loan Fee Shares are together referred to as the "Loan Fee Shares").

  • The Note shall bear an Initial Loan Premium and Additional Loan Fee (if applicable) (collectively, the "Total Loan Fees").

  • The applicable Additional Loan Fee if repayments are made on the 366th calendar day after the Initial Loan Closing Date and for the 44-day period (“Initial 45-day Period”) thereafter, shall be two percent (2%) of the remaining outstanding Loan Principal at the time repayment is made.

  • If Newport elects to convert the Loan Principal, Initial Loan Premium and Additional Loan Fee (if applicable) pursuant to Section 2.3, Newport shall deliver to the Company written notice of its conversion ("Conversion Notice") at least 10 business days (but no more than 30 days) prior to the date of such conversion.

  • The problem is not simply that such a world would be difficult to bring about but that it would be difficult to recognize as a human world.


More Definitions of Additional Loan Fee

Additional Loan Fee. Approval Period", "Loan", "Loan Agreement", "Loan Amount", "Loan Documents", "Maturity Date", "Note" and "Project Maturity Date" set forth in SECTION 1.1 of the Project Loan Agreement are hereby amended to read as follows:
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Additional Loan Fee means, with respect to a High Advance Rate Project, the additional fee the Borrower will be required to pay to Lender as a condition precedent to the Lender's release of its lien on any Lot or Unit located in the Project, which amount shall equal, unless otherwise stated in the Project Commitment relating to the Project, five percent (5%) of the principal amount of the Loan required to be paid to the Lender upon the sale, disposition or transfer of the Lot or Unit.
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Related to Additional Loan Fee

  • Additional Loan means the Eligible Loans evidenced by a Note or Notes sold from time to time during the Supplemental Purchase Period pursuant to an Additional Purchase Agreement and related documentation, together with any guaranties and other rights relating thereto including, without limitation, Interest Subsidy Payments and Special Allowance Payments.

  • Additional Loans means any Additional Revolving Loans and any Additional Term Loans.

  • Additional Loans Purchase Price means the dollar amount representing the aggregate purchase price of the related Additional Loans as specified in the applicable Additional Purchase Agreement (which, with respect to any Additional Loan purchased with funds on deposit in the Supplemental Purchase Account, will be equal to 100% of the aggregate principal balance of such Additional Loan, plus accrued interest to be capitalized).

  • Loan Fee shall have the meaning assigned in Section 5.1.

  • Additional Advance means each additional loan that is made under an RBC Homeline Plan after the initial advance, including any new or additional advances, increases to principal, or further borrowings or extensions of the term, including in the case of any fluctuating account or accounts, revolving loans, or lines of credit, additional segments of such facilities made after the initial advance. They are referred to collectively as Additional Advances.

  • Original Loan shall have the meaning set forth in the recitals hereto.

  • Initial Loan is defined in Section 2.1.

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.

  • Original Loan Agreement has the meaning set forth in the recitals hereto.

  • Initial Term Loan Facility means the Initial Term Loan Commitments and the provisions herein related to the Initial Term Loans.

  • New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.

  • Incremental Loan has the meaning set forth in Section 2.14(b).

  • Tranche B Term Loan Facility as defined in the definition of “Facility” in this Section 1.1.

  • Additional Lender has the meaning set forth in Section 2.14(c).

  • Loan Amount has the meaning specified in Section 7.06(b) of the Indenture.

  • Funding Loan Agreement means this Funding Loan Agreement, of even date herewith, by and among the Funding Lender, the Governmental Lender and the Fiscal Agent, as it may from time to time be supplemented, modified or amended by one or more funding loan agreements, indentures or other instruments supplemental hereto entered into pursuant to the applicable provisions hereof.

  • Maximum Revolving Loan Amount means, as of any date of determination, the lesser of (a) the Revolving Loan Commitment(s) of all Lenders minus the Letter of Credit Reserve and (b) the Borrowing Base minus the Letter of Credit Reserve.

  • Closing Date Term Loan Commitment means, in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(b) as such Lender’s Closing Date Term Loan Commitment. The aggregate amount of the Closing Date Term Loan Commitments as of the Closing Date is $820,000,000.

  • Additional Facility means an additional term or revolving facility referred to in Section 2.14 and “Additional Facilities” means all or any such Additional Facilities.

  • Loan Advance The meaning specified in Section 2.2(a).

  • Educational loan means a loan made by the authority to an institution.

  • Additional Lender Certificate has the meaning assigned to such term in Section 2.06(c)(ii)(F).

  • Initial Advance means the first Advance made pursuant to Article II.

  • Shared-Loss Loan Commitment Advance means an advance pursuant to a Shared-Loss Loan Commitment with respect to which the Assuming Institution has not made a Permitted Advance.

  • Term Loan C has the meaning set forth in Section 2.2(c).