Loan Administration Fee means, so long as any Advance is outstanding, (i) if no Event of Default or Unmatured Event of Default has occurred and is continuing, $50,000 per annum or (ii) if an Event of Default or Unmatured Event of Default has occurred and is continuing, $75,000 per annum, which amount shall be pro-rated for the period the Event of Default or Unmatured Event of Default continues.
Loan Administration Fee shall have the meaning provided in Paragraph 17.
Loan Administration Fee means a $250 fee charged by the Loan Servicer in consideration of administrative costs and expenses incurred by it in connection with each Loan Closing.
Examples of Loan Administration Fee in a sentence
The Borrower shall pay the Loan Administration Fee for the following calendar year on the last Distribution Date of each calendar year.
The initial Credit Fees for this Facility are: Loan Administration Fee $350.00 The initial Credit Fees, and the Charges for Optional Services form part of the initial Unpaid Balance.
The initial Credit Fees for this Facility are: Loan Administration Fee $200.00 The initial Credit Fees, and the Charges for Optional Services form part of the initial Unpaid Balance.
Insure that the level is on the Tower Ladder Extension not on the carriage.
Any Lender's failure to maintain such an account shall not affect the Borrower's obligations under the Notes 2.13 Loan Administration Fee.
More Definitions of Loan Administration Fee
Loan Administration Fee means a fee charged by Lender in consideration of administrative costs and expenses incurred by Lender in connection with each Commitment Advance hereunder.
Loan Administration Fee shall have the meaning set forth in Section 2.2.2.
Loan Administration Fee means, so long as any Advance is outstanding $75,000 per annum.
Loan Administration Fee means the monthly fee charged for monitoring and administering any Facility that is a revolving Facility.
Loan Administration Fee shall have the meaning provided in the paragraph entitled "Affirmative Covenants".
Loan Administration Fee. On the last day of each Contract Quarter, we deduct trom a Participant's Account a Loan Administration Fee of up to $12.50 for each Plan loan of the Participantthat remains outstanding on such day. Alternatively, we may xxxx this charge to you if you and we mutually agree. If the entire balance of a Participant Account is applied or withdrawn before the last day of the Contract Quarter pursuant to the contract, the Loan Administration Fee attributable to the period of time which has elapsed since the first day of the Contract Quarter in which such application or withdrawal of funds is made will not be deducted from the amount applied or withdrawn and will not be billed to you.
Loan Administration Fee means a fee charged by Lender in consideration of administrative costs and expenses incurred by Xxxxxx in connection with each Commitment Advance hereunder. (r) “Loan Documents” shall mean, collectively, this Note, the Pledge Agreement, the Security Agreement, the Guaranty, the error and omissions letter and all other documents, certificates, instruments, and agreements executed, entered into or delivered by Borrower, Millennium, the General Partner, or any of their respective affiliates in connection with the Loan, as each such document may be amended from time to time. (s) “Loan Expenses” shall mean all fees and expenses incurred by Lender in connection with the loan made pursuant to this Note and the preparation of this Note and the other Loan Documents, including, without limitation, attorneys fees, accountants fees, closing costs, due diligence costs and expenses, recording fees, courier and delivery fees, document preparation fees, wire transfer and bank fees, title company fees, and all other fees and costs incurred by Lender. (t) “Millennium” means Millennium NTX Properties, L.L.C., a Texas limited liability company. (u) “Maturity Date” means December 31, 2010. (v) “Partnership Agreement” means the Agreement of Limited Partnership of Centurion Acquisitions, L.P., as it may be amended from time to time. (w) “Pledge Agreement” shall mean that certain Pledge Agreement executed by the Pledgors in favor of Xxxxxx dated as of the Effective Date, pursuant to which the Pledgors pledge their respective interests in the Pledged Securities to Lender, as such agreement may be amended from time to time. (x) “Pledged Securities” shall have the meaning given to such term in the Pledge Agreement. (y) “Pledgors” mean, collectively, Borrower and Millennium. (z) “Properties” shall mean, collectively, all real properties now owned or hereinafter acquired by those corporations, partnerships and limited liability companies, the equity interests of which are Pledged Securities under the Pledge Agreement. (aa) “Security Agreement” shall mean that certain Security Agreement executed by Xxxxxxxx in favor of Xxxxxx dated as of the Effective Date, as it may be amended from time to time. (bb) “Senior Indebtedness”, if any, shall mean the amount of indebtedness owed to a Senior Lender that Xxxxxx has agreed in writing will have (i) priority in payment over the indebtedness evidenced by this Note, and/or (ii) priority over the Liens created by the Pledge Agreement and/or the Sec...