Borrower Fee definition

Borrower Fee means the fee due from the Borrower to us;
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Borrower Fee means the fee(s) due from the Borrower to us pursuant to, and as specified in, the Welcome Letter;
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Borrower Fee means the fee due from the Borrower to us pursuant to, and as specified in, the Welcome Letter;
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Examples of Borrower Fee in a sentence

  • ASI Manufacturing Facility 1635 Production Road, Jeffersonville, Indiana 47130 Borrower Fee Simple Corporate Offices 23500 64th Avenue South Kent, Washington 98032 Property Reserve, Inc.

  • The Assumption and the other Requested Actions (as defined in that certain Assumption Agreement between Lender, Original Borrower, Fee Borrower and Operating Lessee of even date herewith (the "Assumption Agreement")), including the Operating Lessee entering into the Management Agreement, are prohibited by the terms of the Loan Agreement, without first obtaining the written consent of Lender.

  • None of New Borrower, Fee Borrower Member, Operating Lessee Member, and REIT (together with any other direct or indirect owners of 10% or more of New Borrower, collectively, the "New Borrower Parties") or any other entities which may be owned or controlled directly or indirectly by any of New Borrower Parties (collectively, the "Related Entities") has been a party to any Debtor Proceeding within ten (10) years prior to the Effective Date.

  • Lender shall not be liable for the manner in which any Advances under this Agreement may be applied by Borrower, Fee Owner and any of Fee Owner’s contractors or subcontractors.

  • The Borrowers shall pay to the Administrative Agent for its own account fees in the amounts and at the times specified in the Borrower Fee Letter.

  • The Borrower shall have paid or authorized the deduction from the proceeds of the Loans to be disbursed on the initial Borrowing Date of, such fees as have been agreed to pursuant to the Borrower Fee Letter, hereunder or under the other Credit Documents.

  • The MCC Borrower Fee to Minnesota Housing is waived for Borrowers using the MCC (with First Mortgage) option of the Mortgage Credit Certificate Program.

  • Original Borrower desires to sell the Property to Fee Borrower, Fee Borrower desires to purchase the Property from Original Borrower and to lease the Property to Operating Lessee pursuant to that certain Lease Agreement dated of even date herewith between Fee Borrower and Operating Lessee (the “Operating Lease”), and Fee Borrower and Operating Lessee desire to assume the obligations of Original Borrower under the Loan Documents (the "Assumption").

  • So long as any portion of the Debt shall remain unpaid, unless Lender shall otherwise consent, the fee title to the Land and the Leasehold Estate shall not merge but shall always be kept separate and distinct, notwithstanding the union of such estates in Borrower, Fee Owner, or in any other Person by purchase, operation of law or otherwise.

Related to Borrower Fee

  • Lender Fee Letter means each fee letter agreement that shall be entered into by and among the Borrower, the Servicer, the applicable Lender and its related Lender Agent in connection with the transactions contemplated by this Agreement, as amended, modified, waived, supplemented, restated or replaced from time to time.

  • Borrower/s means and refers to jointly and severally to the Applicants (more particularly described in the Application Form) who has/have been sanctioned/granted/disbursed the Loan by ABFL pursuant to the relevant Application Form submitted by such applicants to ABFL for availing of the Loan and depending upon the nature of the Borrower/s, shall, unless repugnant to the context or meaning thereof, be deemed to include his/her legal heirs, executors and administrators;

  • Borrower Loan means the mortgage loan made by the Governmental Lender to the Borrower pursuant to this Borrower Loan Agreement, in the maximum principal amount of the Borrower Loan Amount, as evidenced by the Borrower Note.

  • Arranger Fee means a fee charged by the Arranger in relation to each Series of ETP Securities, as modified by the Arranger from time to time, as set out in the Base Prospectus of the Issuer.

  • Facility Fee has the meaning specified in Section 2.09(a).

  • Applicable Facility Fee means the percentage set forth in the table below corresponding to the Level at which the Ratings-Based Applicable Margin is determined in accordance with the definition thereof: 2 0.125 % 3 0.150 % 4 0.200 % 5 0.250 % 6 0.300 % Any change in the applicable Level at which the Ratings-Based Applicable Margin is determined shall result in a corresponding and simultaneous change in the Applicable Facility Fee.

  • Issuing Lender Fees shall have the meaning set forth in Section 2.5(c).

  • Applicable Utilization Fee means, as of any date that the aggregate Advances exceed 33% of the aggregate Commitments, a percentage per annum determined by reference to the Public Debt Rating in effect on such date as set forth below: -------------------------------- ----------------------------- Public Debt Rating Applicable S&P/Moody's Utilization Fee -------------------------------- ----------------------------- Level 1 BBB+ or Baa1 or above 0.125% -------------------------------- ----------------------------- Level 2 BBB or Baa2 0.250% -------------------------------- ----------------------------- Level 3 BBB- and Baa3 0.000% -------------------------------- ----------------------------- Level 4 BBB- or Baa3 0.000% -------------------------------- ----------------------------- Level 5 BB+ and Ba1 0.000% -------------------------------- ----------------------------- Level 6 Lower than Level 5 0.000% -------------------------------- -----------------------------

  • Facility Fees has the meaning provided in Section 2.11(a).

  • Borrower’s Account shall have the meaning set forth in Section 2.8.

  • Utilization Fee shall have the meaning assigned to such term in Section 2.06(b).

  • Arranger Fee Letter means that certain Arranger Fee Letter related to this Agreement, entered into by the Company and dated November 23, 2015.

  • Facility Charge means one percent (1%) of the Maximum Term Loan Amount.

  • Borrower Group has the meaning provided in Section 10(c) hereof.

  • Borrower Account has the meaning specified in Section 2.11(a)(ii).

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

  • LC Reserve the aggregate of all LC Obligations, other than (a) those that have been Cash Collateralized; and (b) if no Default or Event of Default exists, those constituting charges owing to the Issuing Bank.

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • Lender Expenses are all audit fees and expenses, costs, and expenses (including reasonable attorneys’ fees and expenses) for preparing, amending, negotiating, administering, defending and enforcing the Loan Documents (including, without limitation, those incurred in connection with appeals or Insolvency Proceedings) or otherwise incurred with respect to Borrower.

  • Applicable Facility Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.14(C)(i) hereof determined in accordance with the provisions of Section 2.14(D)(ii) hereof.

  • Revolving Facility means the facility under which Borrower may request Bank to issue Advances, as specified in Section 2.1(a) hereof.

  • Facility C means the term loan facility made available under this Agreement as described in paragraph (c) of Clause 2.1 (Facilities).

  • Facility Letter of Credit Fee is defined in Section 2A.8.

  • Applicable Borrower means, with respect to any Loan or other amount owing hereunder or any matter pertaining to such Loan or other amount, whichever of the Borrowers is the primary obligor on such Loan or other amount.

  • Applicable Letter of Credit Fee Rate shall mean the percentage rate per annum based on the Leverage Ratio then in effect according to the pricing grid on Schedule 1.1(A) below the heading “Letter of Credit Fee.” Applicable Margin shall mean, as applicable:

  • Administrative Agent Fee Letter means that certain fee letter agreement that shall be entered into between the Borrower and the Administrative Agent in connection with the transactions contemplated by this Agreement, as amended, modified, supplemented, restated or replaced from time to time in accordance with the terms thereof.