Examples of Initial Administrative Fee in a sentence
The Sub-Lessee shall pay the Initial Administrative Fee to the Lessee on the date of original execution and delivery of each Lease.
It is understood that the Initial Administrative Fee Escrow Amount and the Interest Reserve Amount shall be funded into the Reserve Account and the Expense Reserve Amount shall be funded into the Operating Account, in each case, on the Closing Date.
Initial Administrative Fee Adjustment............................................12 2.
With respect to any Schedule annexed to this Agreement, upon Xxxxxx’s execution of the Schedule, Lessee shall pay to Lessor an Initial Administrative Fee in the amount set forth in the related Schedule, as consideration for Lessor’s services in connection with the preparation, review and execution of such Schedule.
The Initial Administrative Fee shall be an Issuance Cost and shall be deposited into the Expense Fund as a cost of issuance on the Closing Date provided, however, that the aggregate fees and charges to be received by Council from Borrower shall not equal or exceed the amount, if any, which if reasonably expected on the Closing Date, would cause the interest component payable under the Bond to be taxable as interest on arbitrage obligations under the Code.