Extension Fees has the meaning set forth in Section 2.07.

Extension Fees means extension fees payable by the Mortgage Loan Borrower pursuant to an extension option exercisable by the Mortgage Loan Borrower pursuant to the terms of the Mortgage Loan Documents.

Extension Fees has the meaning given to such term in the Class A-1 VFN Fee Letter.

Examples of Extension Fees in a sentence

Should the High Bidder/Purchaser fail or refuse to perform all obligations hereunder for any reason including, but not limited to, failure to establish the legal entity that is to take title in a timely manner that permits Closing within the deadline set forth in paragraph 4, the Earnest Money Deposit and any Extension Fees, paid under paragraph 9, HUD reserves the right to retain the Earnest Money Deposit.
Additional servicing compensation in the form of Late Payment Fees or Extension Fees and any transfer of equity or assumption fees shall be retained by the Servicer.
In no event shall HUD’s liability exceed the Earnest Money Deposit and any Extension Fees paid.
In the event High Bidder pays Extension Fees, and the Closing occurs before the expiration of the Extension Period, a prorated amount of the unused portion of the Extension Fees shall be credited toward the Balance.
In such case, HUD will retain the Earnest Money Deposit and any Extension Fees paid.

More Definitions of Extension Fees

Extension Fees. Any fee received by the Servicer in consideration for the granting of an extension on the payment of any Scheduled Payment due under a Lease.

Extension Fees. With respect to any Contract, any fee received by the Servicer in consideration for the granting of an extension on the payment of any Scheduled Payment due under such Contract. Any Extension Fees received shall be allocated as follows: (1) 50% thereof shall be allocated to the Issuer and shall constitute Pledged Revenues; and (2) 50% thereof shall be allocated to the Servicer and shall constitute an Administrative Fee.

Extension Fees means, for each Extending Lender, a fee payable by Borrower through the Administrative Agent on the Restatement Effective Date in an amount which is equal to 0.70% times the sum of (i) the amount of that Lender’s commitment to make Class A-2 Loans plus (ii) the principal amount of that Lender’s Class C Loans and Class E Loans (in each case after giving effect to the Required Prepayments).

Extension Fees have the meaning described in Section 4.4(c).

Extension Fees has the meaning specified in Section 9.02(c)(vi).

Extension Fees has the meaning set forth in Section 6.1.