Initial Origination Fee definition
Examples of Initial Origination Fee in a sentence
The Borrower shall pay the Initial Origination Fee on the date of this Agreement.
The remainder of the Initial Origination Fee, in the amount of $94,650, shall be due and payable to the Lender, in whole or in part, when one or more Additional Mortgaged Properties or Substituted Mortgaged Properties, are added to the Collateral Pool to increase the amount available to be borrowed under the Credit Facility (each, an "Additional Origination Fee").
The Borrower shall pay a portion of the Initial Origination Fee, in the amount of $1,705,350, on or before the Initial Closing Date.
The Purchaser may withhold and offset the Expense Amount, the Initial Origination Fee and the PipeFund expenses from the payment of the Purchaser’s Subscription Amount otherwise payable hereunder at Closing, which offset shall constitute partial payment of such Subscription Amount in an amount equal to such offset.
The Borrower shall pay to the Lender ----------------------- an origination fee ("Initial Origination Fee") equal to $2,250,000 (which is ----------------------- equal to the product obtained by multiplying (i) the Commitment as of the date of this Agreement ($300,000,000), by (ii) .75%).
The Borrower shall pay to the Lender an origination fee ("Initial Origination Fee") equal to $2,500,000 (which is equal to the product obtained by multiplying (i) the Commitment as of the date of this Agreement ($250,000,000), by (ii) 1.0%).
The Borrower shall pay the Initial Origination Fee on the Initial Closing Date.
Borrower shall pay to Lender each of the following fees: On the Closing Date: Initial Origination Fee.
The Borrower shall pay to the Lender ----------------------- an origination fee ("Initial Origination Fee") equal to $750,000 (which is equal ----------------------- to the product obtained by multiplying (i) the Commitment as of the date of this Agreement ($100,000,000), by (ii) .75%).
The Borrower shall pay to the Lender an origination fee ("Initial Origination Fee") equal to $1,800,000 (which is equal to the product obtained by multiplying (i) the Maximum Credit Facility Commitment as of the date of this Agreement ($300,000,000), by (ii) 60 basis points).