Loan Assumption Fees definition

Loan Assumption Fees. The costs and fees payable in connection with the Loan Assumption or the request for approval of the Loan Assumption (including, without limitation, transfer fees, assumption fees, lenders’ attorney’s fees and costs, rating agency fees, search fees, inspection fees, application fees, closing fees, processing fees and taxes, intangible taxes, mortgage taxes (including documentary stamp taxes) and other amounts, but specifically excluding Seller’s and Buyer’s attorneys’ fees).
Loan Assumption Fees shall have the meaning assigned thereto in Section 6.4(b).
Loan Assumption Fees shall have the meaning set forth in Section 16(g).

Examples of Loan Assumption Fees in a sentence

  • The Transferor Partnership shall request that Lender state in writing any terms and requirements, including the amount of any Loan Assumption Fees, to be imposed by Lender in connection with its consent to the transactions contemplated hereby.

  • The Transferor Partners will pay any assumption or transfer fee and other related costs and expenses required by Lender (the "Loan Assumption Fees") in connection with obtaining the consent of Lender to the contribution of the Transferor Partnership Interests to the BRI Partnership and the transfer of the ownership of the Transferor Partnership to the BRI Partnership subject to the Notes and other Loan Documents as contemplated hereby.

  • If the transaction contemplated hereby closes as provided herein, the Loan Fee Deposit shall be credited toward the Loan Assumption Fees payable by Buyer at Closing.

  • Buyer shall pay: (a) for all endorsements to the Title Policies requested by Buyer; (b) one half (½) of the escrow fees and other charges owing to Escrow Holder; (c) all of the transfer taxes and recording taxes payable in connection with the transfer of the Property to Buyer and the recording of the Deeds; (c) the cost of updating the Surveys; (d) the Loan Assumption Fees; and (e) all of Buyer’s legal fees and expenses and the cost of all performances by Buyer of its obligations hereunder.

  • In all other Loan Assumption cases, the acquiring Member shall pay all Mortgage Loan Assumption Fees.

  • If (w) Investor or its Affiliate is the acquiring Member at the closing, (x) Investor arranges for a property manager suitable to the Mortgage Loan lender to manage the Project(s) from and after the Closing, (y) a Mortgage Loan lender does not waive any and all fees due in connection with the assumption of such Mortgage Loan(s) (collectively, the "Mortgage Loan Assumption Fees"), and (z) Investor elects the Loan Assumption, then the AIMCO Members shall pay all Mortgage Loan Assumption Fees.

  • Notwithstanding anything to the contrary contained in this Agreement or in any agreement with respect to the Loan Assumption, except in the event of a Seller default, Buyer shall be solely responsible for the payment of the Loan Assumption Fees.

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More Definitions of Loan Assumption Fees

Loan Assumption Fees means, collectively, all transfer or assumption fees to be paid to or on behalf of each Assumption Loan Lender in connection with seeking and obtaining the Loan Assumption and Release (provided that “Loan Assumption Fees” shall not include Assumption Loan Lender Ancillary Costs). With respect to the Xxxxxx Loan, the Loan Assumption Fees shall means the “Transfer Fee” and “Transfer Processing Fee” payable thereunder.

Related to Loan Assumption Fees

  • Prepayment Assumption As defined in the Prospectus Supplement.

  • Incremental Term Loan Assumption Agreement means an Incremental Term Loan Assumption Agreement in form and substance reasonably satisfactory to the Administrative Agent, among the Borrower, the Administrative Agent and one or more Incremental Term Lenders.

  • Incremental Assumption Agreement means an Incremental Assumption Agreement in form and substance reasonably satisfactory to the Administrative Agent, among the Borrower, the Administrative Agent and, if applicable, one or more Incremental Term Lenders and/or Incremental Revolving Facility Lenders.

  • Valuation Assumptions means, as of an Early Termination Date, the assumptions that (1) in each Taxable Year ending on or after such Early Termination Date, the Corporate Taxpayer will have taxable income sufficient to fully utilize the deductions arising from the Basis Adjustments and Imputed Interest during such Taxable Year or future Taxable Years (including, for the avoidance of doubt, Basis Adjustments and Imputed Interest that would result from future Tax Benefit Payments that would be paid in accordance with the Valuation Assumptions) in which such deductions would become available, (2) the U.S. federal income tax rates and state and local income tax rates that will be in effect for each such Taxable Year will be those specified for each such Taxable Year by the Code and other law as in effect on the Early Termination Date, (3) any loss carryovers generated by deductions arising from Basis Adjustments, the NOLs or Imputed Interest that are available as of such Early Termination Date will be utilized by the Corporate Taxpayer on a pro rata basis from the Early Termination Date through the scheduled expiration date of such loss carryovers, (4) any non-amortizable assets will be disposed of on the fifteenth anniversary of the applicable Basis Adjustment; provided, that in the event of a Change of Control, such non-amortizable assets shall be deemed disposed of at the time of sale of the relevant asset (if earlier than such fifteenth anniversary), and (5) if, at the Early Termination Date, there are Common Units that have not been Exchanged, then each such Common Unit shall be deemed to be Exchanged for the Market Value of the number of shares of Class A Common Stock and the amount of cash that would be transferred if the Exchange occurred on the Early Termination Date.

  • Acquisition Fees means the fee payable to the Advisor pursuant to Section 8.01 plus all other fees and commissions, excluding Acquisition Expenses, paid by any Person to any Person in connection with making or investing in any Property or other Permitted Investment or the purchase, development or construction of any Property by the Company. Included in the computation of such fees or commissions shall be any real estate commission, selection fee, Development Fee, Construction Fee, nonrecurring management fee, loan fees or points or any fee of a similar nature, however designated. Excluded shall be Development Fees and Construction Fees paid to Persons not Affiliated with the Advisor in connection with the actual development and construction of a Property.

  • Affiliated Lender Assignment and Assumption means an assignment and assumption entered into by a Lender and an Affiliated Lender (with the consent of any party whose consent is required by Section 9.05) and accepted by the Administrative Agent in the form of Exhibit A-2 or any other form approved by the Administrative Agent and the Borrower.

  • L/C Participation Fee shall have the meaning assigned to such term in Section 2.05(c).

  • Transaction Fees means fees paid or payable by the Service Recipients, which are on market terms, with respect to financial advisory services ordinarily carried out by investment banks in the context of mergers and acquisitions transactions;

  • Facility Fees has the meaning provided in Section 2.11(a).

  • Securitization Fees means distributions or payments made directly or by means of discounts with respect to any participation interest issued or sold in connection with, and other fees paid to a Person that is not a Securitization Subsidiary in connection with, any Qualified Securitization Facility.

  • Additional Refinancing Lender has the meaning set forth in Section 2.15(a).

  • Extension Fee means the fee payable to the Trustee on each occasion the Manager, upon a Participating Dealer’s request, grants the Participation Dealer an extended settlement in respect of a Creation Application or Redemption Application.

  • Servicing Advance Reimbursement Amounts As defined in Section 3.22.

  • Participation Fee means the amount payable by the Participant to the Council for the right to participate in the Hong Kong Pavilion at the Exhibition, as specified in Section I of the Application Form.

  • Utilization Fee shall have the meaning assigned to such term in Section 2.06(b).

  • Permitted Loan Purchase Assignment and Acceptance means an assignment and acceptance entered into by a Lender as an Assignor and Holdings, the Borrower or any of the Subsidiaries as an Assignee, as accepted by the Administrative Agent (if required by Section 9.04) in the form of Exhibit F or such other form as shall be approved by the Administrative Agent and the Borrower (such approval not to be unreasonably withheld or delayed).

  • Loan Origination Fee means the fee charged by the

  • Commitment Fees has the meaning set forth in Section 2.11(a).

  • Loan Fee shall have the meaning assigned in Section 5.1.

  • Commitment Fee has the meaning specified in Section 2.09(a).

  • Origination Fee means any origination fee payable to the Department by the lender with respect to any Trust Student Loan.

  • Modification Fee means a fee, if any, collected from a Mortgagor by the Master Servicer in connection with a modification of any Mortgage Loan (other than a Non-Serviced Mortgage Loan), Serviced Companion Mortgage Loan or B Note other than a Specially Serviced Mortgage Loan or collected in connection with a modification by the Special Servicer of a Specially Serviced Mortgage Loan.

  • Delayed Draw Term Loan Commitment means the commitment of a Lender to make or otherwise fund a Delayed Draw Term Loan and “Delayed Draw Term Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s Delayed Draw Term Loan Commitment, if any, is set forth on Schedule 2.01 or in the applicable Assignment and Assumption, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Delayed Draw Term Loan Commitments as of the Closing Date is $165,000,000.