Cost of Issuance Fee definition

Cost of Issuance Fee means the fee charged by the Corporation to the Applicant for the payment of the costs and expenses associated with the sale of Bonds and the loaning of the proceeds, including a fee for the Corporation.

Cost of Issuance Fee means the fee charged by Florida Housing to the Applicant for the payment of the costs and expenses associated with the sale of Bonds and the loaning of the proceeds, including a fee for Florida Housing.

Cost of Issuance Fee means the fee charged by the Corporation to the Applicant for the payment

Examples of Cost of Issuance Fee in a sentence

• The Corporation shall provide the Applicant with a good faith estimate of the Cost of Issuance Fee prior to closing.

• The Applicant shall pay all costs and expenses incurred by the Corporation in connection with the issuance of the Bonds, the expenditure of the MMRB Loan proceeds, and provision of Credit Enhancement, if any, even if such costs and expenses exceed the Cost of Issuance Fee.

• The Corporation shall require Applicants or participating Qualified Lending Institutions selected for participation in the program, to deliver to the Corporation, or, at the request of the Corporation, directly to the Trustee, before the date of delivery of the Bonds, a Cost of Issuance Fee in an amount determined by the Corporation to be sufficient to pay the costs and expenses relating to issuance of the Bonds, which amount shall be deposited into an account to be held by the Trustee.

• The Applicant shall pay a total deposit equal to one percent of the aggregate principal amount of proposed Taxable and Tax-exempt Bonds, or $75,000, whichever is greater, to the Corporation, which deposit may be applied toward the Cost of Issuance Fee.

• The Authority agrees that, during the Term, it shall not modify the Indenture with respect to the application of the Cost of Issuance Fee without the prior written consent of Figtree.

• The Cost of Issuance Fee may be reduced to no less than 2% at the election of Figtree as a result of negotiations with the relevant property owner, based on Figtree’s good faith evaluation of the size, complexity and credit quality of the particular project.

• The sum of the Cost of Issuance Fee less the Closing Costs for a Bond will be payable to Figtree as part of its compensation for the Services.

• The Authority shall be paid an issuance fee from the Cost of Issuance Fee collected at the time of each PACE bond issuance by the Indenture trustee in an amount equal to 0.25% of the principal amount of the Bonds issued at the time of each issuance.

• The Cost of Issuance Fee shall be collected by the Indenture trustee and deposited in the Cost of Issuance Fund under the Indenture.

• The non-refundable Bond Cost of Issuance Fee shall be determined as follows: A flat fee itemized in the development budget.