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Lender fee definition

Lender fee means interest, points, finance charges, fees, and other charges payable in connection with the residential mortgage loan: (1) by the borrower to any residential mortgage originator or to any assignee of any residential mortgage originator; or (2) by the lender to a mortgage broker. Lender fee does not include recording fees, mortgage registration taxes, pass-throughs, or other amounts that are paid by any person to any government entity, filing office, or other third party that is not a residential mortgage originator or an assignee of a residential mortgage originator. Lender fee also does not include any amount that is set aside to pay taxes or insurance on any property securing the residential mortgage loan.
Lender fee means interest, points, finance charges, fees, and other charges payable in connection with the residential mortgage loan: (1) by the borrower to any residential mortgage originator or to any assignee of any residential mortgage originator; or (2) by the lender to

Examples of Lender fee in a sentence

  • To eliminate redundancy, SBA proposes to strike the second sentence of this provision, which authorizes SBA to charge a PLP Lender fee to cover the costs of the PLP performance review.Subpart I—Lender Oversight.

  • For its services, Servicer shall earn a monthly servicing fee, which is set forth on Fee Schedule, plus additional Lender fee per month which is set forth on Fee Schedule, billed equally to Lenders or to Client as agreed per loan for each and every loan in the Servicer’s system that was submitted as delinquent.

  • Borrowers shall pay to Agent for the benefit of Lenders the fees set forth in the Lender fee letter dated as of the date hereof between Agent and Borrowers.

  • Borrowers shall have paid all fees and expenses due and owing in connection with this First Amendment, including, without limitation, a Lender fee payable to each Lender that delivers an executed counterpart of this First Amendment on or prior to the First Amendment Effective Date in the amount equal to 75 basis points of such Lender’s Revolving Commitment on the First Amendment Effective Date (after giving effect to the amendment set forth herein).

  • One hundred percent of the loan amount plus the Lender fee will be disbursed two business days after the loan has been purchased by Minnesota Housing.


More Definitions of Lender fee

Lender fee has the meaning provided in Section 2.01(a).
Lender fee has the meaning assigned to such term in the Lender Fee Letter. “Lender Fee Letter” means each fee letter among the Administrative Agent, the Lenders party thereto and the Borrower, setting forth certain fees payable by the Borrower to one or more Lenders in connection with the transactions contemplated by this Agreement. “Lien” means any mortgage or deed of trust, pledge, hypothecation, collateral assignment, encumbrance, lien (statutory or other), charge or other security interest or arrangement in the nature of a security interest of any kind or nature whatsoever (including any conditional sale, lease or other title retention agreement, sale subject to a repurchase obligation and any financing lease having substantially the same economic effect as any of the foregoing); provided that “Lien” shall not include (x) in the case of investments that are loans or other debt obligations, customary restrictions on assignments or transfers thereof on customary and market based terms pursuant to the underlying documentation relating to such investment; and (y) in the case of investments that are equity securities, customary drag-along, tag-along, right of first refusal and other similar rights in favor of other equity holders of the same issuer that are applicable to such equity securities. “Lien Release Dividend” has the meaning assigned to that term in Section 2.07(g). “Lien Release Dividend Date” means the date specified by the Borrower, which date may be any Business Day, provided written notice is given in accordance with Section 2.07(g). “Liquidation Expenses” means, with respect to any Collateral Asset, the aggregate amount of all out-of-pocket expenses reasonably incurred by the Collateral Manager (including
Lender fee. Limited Release Property"; "Loans"; "MAI"; "NACC Refinancing"; "Revolver Period"; "Revolving Credit Termination Date". All references in the Existing Loan Agreement to the aforementioned defined terms are hereby deleted. B. The following definitions are hereby deleted in their entirety and replaced with the following respective definitions: (a) "Allocated Loan Amount" shall mean, in respect of any Property, the amount set forth for such Property on Exhibit A attached hereto. (b) "Applicable Margin" shall mean 3.25% per annum. (c) "Borrower" shall mean KPT Properties, L.P., a Delaware limited partnership, together with its permitted successors and assigns. (d) "Collateral Properties" shall mean the Properties identified on Schedule A attached hereto. (e) "Lender" shall mean LaSalle Bank N.A., as Trustee for CDC Depositor Trust ST-I (formerly known as Nomura Depositor Trust ST-I), <PAGE> Commercial Mortgage Pass-Through Certificates, Series 1998 - ST-I, together with its permitted successors and assigns. (f) "Note" shall mean the Second Amended and Restated Renewal Promissory Note dated as of June 14, 2000 made by the Borrower to the Lender in the principal amount of $60,000,000. (g) "Required Constant" shall mean (i) 11.0% with respect to any determination relating to Collateral Properties that are factory outlet centers and (ii) 10.09% with respect to any determination relating to Collateral Properties that are community shopping centers.
Lender fee. Limited Release Property"; "Loans"; "MAI"; "NACC Refinancing"; "Revolver Period"; "Revolving Credit Termination Date". All references in the Existing Loan Agreement to the aforementioned defined terms are hereby deleted.
Lender fee means the percentage of the Loan amount charged by the Corporation to a Borrower to process, approve and provide a Loan to a Borrower. The Lender Fee will be deducted from the Loan proceeds advanced to the Borrower. A Lender Fee may be charged on personal and/or corporate Loans. Lender Fees will be determined by the amount of available funds the Corporation has to utilize, the situation and circumstances of the Borrower including the Borrower’s ability to repay the Loan.
Lender fee. That non-refundable commitment fee equal to one percent (1%) of the Loan amount, as described in the Loan Commitment.
Lender fee shall have the meaning assigned to such term in Section 2.09.