Additional Loan Fee definition

Additional Loan Fee see Section 3.6.6 hereof.
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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 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 two percent (2%) of the gross base selling price of such Lot or Unit.
Sample 1

Examples of Additional Loan Fee in a sentence

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

  • 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.

  • The Borrowers will pay a loan fee on May 16, 1999 equal to $75,000 (the "Additional Loan Fee"); provided, however, in the event that the Bank sells by May 15, 1999 to another bank or banks participation interests in an amount and on terms satisfactory to the Bank, the Bank will waive the Additional Loan Fee.

  • In the event that full repayment of all outstanding amounts of Loan Principal and Initial Loan Premium is not made by the Company on or before the 120th calendar day after the Effective Date, then, in addition to the remaining outstanding Loan Principal and Initial Loan Premium due, the total amount due and payable to Newport shall also include an additional loan fee that shall be a percentage of the remaining outstanding Loan Principal at the time repayment is made ("Additional Loan Fee").

  • The failure to make full repayment of the Loan (including all remaining outstanding Loan Principal and applicable outstanding Initial Loan Premium and Additional Loan Fee), as described in the Loan Agreement or the Note, to Lender on or before the 180th day after the Effective Date.

  • In the event that there is a closing of an Equity Financing, then full repayment of all outstanding amounts of Loan Principal, Initial Loan Premium and Additional Loan Fee (if applicable) owed to Newport as of the closing date of the Equity Financing shall be delivered by the Company to Newport no later than five Business Days after the closing date of the Equity Financing.

  • In addition, the Additional Loan Fee percentage amount shall increase by ten percent (10%) for the 30-day period subsequent to the Initial 30-day Period and shall continue to increase by two percent (2%) for each 30-day period thereafter until the Company makes full repayment of all of the remaining outstanding Loan Principal, Initial Loan Premium, and Additional Loan Fee owed to Newport as of the date on which the full repayment is made.

  • The applicable Additional Loan Fee if repayments are made on the 121st calendar day after the Effective Date and for the 29-day period ("Initial 30-day Period") thereafter, shall be ten percent (10%) of the remaining outstanding Loan Principal at the time repayment is made.

  • In the event of a Note Payment Declaration, in addition to the entire unpaid Loan Principal and the unpaid applicable outstanding Initial Loan Premium, the total amount due and payable to Borrower shall also include the Additional Loan Fee (if applicable), which fee shall continue to accrue after the Note Payment Declaration and until Full Repayment is received by Borrower pursuant to Section 2.2(d) of the Loan Agreement.


More Definitions of Additional Loan Fee

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:
Sample 1
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:
Sample 1

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.

  • 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).

  • 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 the Funding Loan Agreement, of even date herewith, among the Governmental Lender, the Fiscal Agent and the Funding Lender, as it may from time to time be supplemented, modified or amended by one or more amendments or other instruments supplemental thereto entered into pursuant to the applicable provisions thereof.

  • 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 the commitment of each Lender to make Term Loans on the Closing Date hereunder in an aggregate principal amount not to exceed the amount set forth under the heading “Closing Date Term Loan Commitment” opposite its name in Schedule 2.01 hereto. The aggregate amount of the Closing Date Term Loan Commitments as of the Closing Date is $1,150,000,000.

  • 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.

  • Cash Advance Fee means a cash advance fee or similar fee that is charged to an Account under the related Credit Card Agreement.

  • Term Loan Interest Rate means for any day a per annum rate of interest equal to the greater of either (i) 9.25% plus the prime rate as reported in The Wall Street Journal minus 3.50% and (ii) 9.25%.