Loan Costs definition

Loan Costs means those out-of-pocket payments, costs and expenses paid or incurred by the Lender pursuant to Section 9.5.
Loan Costs means those out-of-pocket payments, costs and expenses paid or incurred by the Lender pursuant to Section 9.5(b).
Loan Costs. Any or all of the following: (a) Taxes and insurance premiums or other expenses required for Trust Property maintenance or repairs, required to be paid by Borrower under the Trust Deed or any Loan Documents, and which are instead paid by Lender in accordance with the terms thereof; (b) documentary stamp and intangibles taxes payable by the Lender in connection with the Loan and the Loan Documents; (c) documented out-of-pocket filing, recording, and search fees paid or incurred by Lender, including all recording taxes; (d) late fees imposed under the Loan Documents; (e) fees or expenses advanced by Lender as a protective or future advance under the Loan Documents but only to the extent constituting an expense in connection with the Loan and not an Advance of principal under the Loan; and (f) the reasonable and documented out-of-pocket costs, fees (including reasonable out-of-pocket attorneys’, paralegals’, auctioneers’ appraisers’ or other consultants fees) and expenses incurred by Lender (i) subject to Section 6.19, to inspect, copy, audit or examine any of Borrowers’ or Guarantor’s books and records, or inspect, count or appraise any Trust Property (limited to due diligence costs of $500 and legal costs of $500), (ii) to correct any default or enforce any provision of any of the Loan Documents, whether or not litigation is commenced, (iii) following an Event of Default, in gaining possession of, maintaining, handling, preserving, insuring, storing, shipping, preparing for sale, advertising for sale, selling or foreclosing a Lien upon any of the Collateral, whether or not a sale is consummated, (iv) in collecting accounts or recovering any of the Obligations, or (v) in structuring, drafting, reviewing or preparing any amendment, modification or waiver of any of the Loan Documents or in defending the validity, priority or enforceability of Liens.

Examples of Loan Costs in a sentence

  • Total Loan Costs include what your lender charges to make the loan, as well as costs for services such as appraisal and title.

  • Subject to Section 11.03(e), the Borrowers agree that each Participant shall be entitled to the benefits of Sections 4.01 (Eurodollar Rate Lending Unlawful), 4.03 (Increased Eurodollar Loan Costs) and 4.05 (Funding Losses), to the same extent as if it were a Lender and had acquired its interest by assignment pursuant to Section 11.03(b).

  • Loan Costs - Loan costs include the provision for loan losses, bad debt written off and collection costs.

  • Generally, Loan Costs are those costs paid by the consumer to the creditor and third-party providers of services the creditor requires to be obtained by the consumer during the origination of the loan.

  • The Loan Costs and Other Costs tables are disclosed under the heading Closing Cost Details on page 2 of the Closing Disclosure.


More Definitions of Loan Costs

Loan Costs means those out-of-pocket payments, costs and expenses paid or incurred by the Lender pursuant to SECTION 9.5(B).
Loan Costs in respect of any period means:- 2.47.1 interest, commitment fees, costs and expenses and other amounts payable by the Borrower under the Facility Agreements (but excluding Loan Principal), in each case in such period; and 2.47.2 any VAT or other taxes payable by the Borrower in respect of the above;
Loan Costs means all costs incurred by Agent in connection with the Credits, including, without limitation, all taxes and assessments, recording fees, title insurance premiums and other title charges, document binding costs, appraisal fees, lien and judgment search costs, fees of architects, engineers, surveyors and any special consultants, construction and Collateral inspection and exam fees, brokers fees (except as otherwise specified herein), escrow fees, all travel and out-of-pocket expenses of Agent to conduct audits or inspections and wire transfer fees.
Loan Costs as defined in Section 11.2 of this Agreement.
Loan Costs. $ ________ $ _________ $ ________ Plus: Amortization of Organizational Costs: $ ________ $ _________ $ ________ Gross Cash Flow: $ ________ $ _________ $ ________ Total Gross Cash Flow: (Sum of Gross Cash Flow for 3 months): $ _________ Average Gross Cash Flow: (Total Gross Cash Flow divided by 3) $ _________ Total Debt Service, as calculated at the end of this month for the three (3)-month period consisting of this month plus the two preceding months, is: Month: __________ __________ __________